Edtech startup Vedantu raises $11 million from existing investors as part of larger roundVedantu has secured $11 million through convertible notes led by ABC World Asia, with participation from Accel India and Omidyar Network. T...
Students threatening teachers to falling ceiling fans: PhysicsWallah DRHP reveals 5 unique threats to its businessPhysicsWallah, an Indian ed-tech unicorn, is launching a Rs 3,820 crore IPO amidst industry scrutiny. While peers face struggles, PhysicsWa...
Coursera India market may pip US, Europe: CEO Jeff MaggioncaldaCoursera is 'thinking long-term focus' on India's population of 850 million young people, CEO Jeff Maggioncalda told ET.
Vedantu acquires test prep platform Deeksha for $40 millionThe acquisition will give Vedantu access to almost 40 offline centres across Telangana, Andhra Pradesh and Karnataka, and to Deeksha’s 13,0...
Byju Raveendran to focus on global business, to hand over India operations to COOThe latest development comes as edtech companies like BYJU's-run WhiteHat Jr, Unacademy, Vedantu, and Lido Learning, are at the forefront o...
Delhivery lays out post-IPO plan; Vedantu lays off 200 employeesNew-age logistics startup Delhivery has fixed a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO). The ...
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.
Fundraising will only get better in 2022, startup founders sayAlmost 92% of founders who attempted to raise capital in 2021 said they had a favourable experience and 75% of them expect the environment ...
Trifecta Capital invests Rs 400 crore in four Indian tech companiesThe fund has invested in ixigo, Good Glamm Group (MyGlamm), API Holdings (PharmEasy), and Meesho, in line with its strategy to back growth ...
The rise of startup advisors and micro ecommerce sitesHomegrown startups such as Zoomcar and Wakefit.co are hiring top talent from India and around the world to help them unlock the next level ...
Global capital will come to India regardless of China developments: GGV Capital's TungThere are hedge fund-related investment firms aggressively backing Indian startups and many late-stage investors are increasingly doing Ser...
Venture debt firm Trifecta Capital launches $200 million third fundLaunched in 2015 with a Rs 500 crore first fund, Trifecta is one of the first few venture debt funds in India, and counts unicorns such as ...
Ed-tech companies to go on hiring spreeMost hiring for these startups will be in sales, marketing, content, design and technical domains.
Trifecta Capital announces first close of Rs 1,500-crore late-stage fundTrifecta Capital will invest in late-stage startups that are likely to seek liquidity outcomes over the next 12-36 months. It has already m...
Trifecta to launch Rs 1,500-crore equity fund for startups with imminent IPOsAs an increasing number of mature startups target the equity markets for a public market listing, late stage is emerging as a big investmen...
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.