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VEDANTU NEWS
Curefoods pre-IPO dough; RBI's new mandateCurefoods secures pre-IPO funding from Binny Bansal's 3State Ventures. This and more in today's ETtech Top 5.- Upgrad MD Mayank Kumar steps down as co-chair of India Edtech ConsortiumPhysicswallah cofounder Prateek Maheshwari has replaced Kumar, who stepped down as co-chair of the edtech body early September, according t...
- CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
- Over 70 Indian startups show exit door to 21K techies, more pink slips comingAs global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...
- Blume Ventures closes its largest fund at $250M; Vedantu sacks 385 in fourth round of layoffs this yearSeveral venture funds focused on India and Southeast Asia have been raising record amounts of capital despite the global macroeconomic down...
- Cash-strapped edtech startup Lido Learning files for bankruptcyLido Learning’s board passed a resolution in an extraordinary meeting held on September 5 to file an application under Section 10 of the In...
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Vedantu launches first hybrid learning centre as edtechs shed pandemic-induced growthVedantu’s offline learning foray is largely focused on test preparation segment as it looks to bolster its presence in the segment.
- Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
- Exclusive: Delhivery CEO Sahil Barua on daring IPO; Cognizant to go fully hybrid by early 2023One company has chosen to plough ahead despite the less-than-ideal conditions. We spoke to Sahil Barua, founder and CEO of Delhivery, in an...
- Vedantu on track to be 'IPO-ready' in 18-24 monthsThe company said that as much as 90-95 per cent of the market remains unpenetrated, offering massive scope for edtech players to expand.
- Tiger Global raises $8.8 billion in first close of biggest fundTiger Global latest fund, the biggest on record, will invest in internet technology startups in the US, China and India. The fundraising br...
- Vedantu joins unicorn club; Tata’s super app gets a nameVedantu, an edtech platform, has become the 28th Indian startup unicorn of 2021, a year that has seen unprecedented funding pour into the c...
- ETtech Deals Digest: Innovaccer, Infra.Market become unicorns, Zomato’s funding spreeThe week through 26 February was one of large funding deals, with Tiger Global emerging as a common thread among three of them.
- Byju’s set to buy rival Toppr for $150 million: ReportNews of a potential Byju’s-Toppr deal comes at a time when India’s largest edtech startup is said to have signed a deal to acquire Aakash I...
- Cuemath secures $40 million in funding led by LGT Lightstone Aspada, Alpha Wave IncubationThe investment comes at a time when India’s edtech sector has seen a significant inflow of capital led by market leader Byju’s raising clos...
- Bigger green shoots in white-collar job marketCapgemini, Whirlpool, Tata Steel, Vedanta, Philips, Nestle, Deloitte, Livspace, PepsiCo and Myntra were among the companies that told ET th...
- Testing Times: What does it mean to prepare for JEE, NEET in a pandemic?For millions of students, the pandemic has changed the dynamics of education. As the norms and procedure to safely conduct an entrance exam...
- Byju’s gets $122m from tech billionaire Yuri Milner’s fund DST GlobalByju’s has allotted 42,666 Series F preference shares to DST Global for ₹908.9 crore, documents filed with the Ministry of Corporate Affair...
- Vedantu appoints Arvind Singhal as COOSinghal comes with over two decades of experience across multiple sectors and well-known brands such as Asian Paints, Marico, Nokia, Relian...
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