Info Edge clocks 36% return on startup investmentsInfo Edge was one of the early backers in homegrown listed companies, including Zomato and Policybazaar. It invested a total of Rs 483.78 c...
11 May, 2025, 05.01 PM IST
Impact investor Asha Ventures raises $10 million from British International InvestmentManaging partner Amit Mehta said the fund is expected to announce its final close by September this year. Earlier, ET had reported that the...
07 Apr, 2025, 06.00 AM IST
Managed healthcare provider Even Healthcare to buy back Esop shares worth $500,000Every full-time employee will get paid for shares at the primary valuation without any discount. It serves over 200 B2B clients, including ...
11 Mar, 2025, 11.10 PM IST
SaaS firm Whatfix rolls out $58 million buyback programme for employees, investorsThis buyback is being done at a premium to its second-last funding round, where eight current and former executives sold their vested stock...
07 Oct, 2024, 07.50 PM IST
Edtech startup Adda247 buys placement preparation platform PrepInstaWith this buyout, the startup has acquired four companies so far, the others being StudyIQ, a UPSC preparation platform in 2021; Veeksha, a...
30 Sep, 2024, 06.00 AM IST
WestBridge-backed Adda247 cofounder Chandan Singh quits to build new ventureChandan Singh joined Adda247 in 2019 as VP - product and was promoted to chief product officer in 2020. Before joining Adda247, Singh worke...
06 Sep, 2024, 07.37 PM IST
Economic Survey: Tech startups surge post CovidIndia’s tech startup landscape underwent a dramatic change after the Covid-19 pandemic, the Economic Survey noted. This and more in today’s...
22 Jul, 2024, 07.50 PM IST
How consolidation is taking hold in fund-starved edtech sectorAccording to industry executives, the consolidation is being driven by the fact that smaller companies often offer unique propositions and ...
19 Jul, 2024, 02.52 PM IST
Edtech consolidation; GenAI chatbot hallucinationsEdtech firm Schoolnet has acquired learning app Genius Teacher for an undisclosed sum. This and more on today’s ETtech Top 5.
09 Jul, 2024, 08.46 PM IST
Adda247 acquires CA test preparation firm Ekagrata EduservAdda247 said in a statement, “This acquisition is expected to significantly expand Adda247’s user base, which currently has 40 million mont...
09 Jul, 2024, 01.58 PM IST
Ecommerce in slow lane; PhonePe-BharatPe truceHappy Monday! Online sales haven’t picked up during the final quarter of FY24, industry officials said. This and more in today’s ETtech Mor...
27 May, 2024, 07.16 AM IST
Adda247 logs 88% jump in revenue to Rs 243 croreGoogle-backed edtech startup Adda247 saw strong growth in FY24, with revenue nearly doubling to Rs 243.39 crore from Rs 129.65 crore in the...
27 May, 2024, 06.00 AM IST
Google-backed Adda247 cuts nearly 300 jobs: ReportAbout 150 employees were laid off in major verticals, including sales and content. It is the first layoff in a few years at the company.
14 Oct, 2023, 08.01 PM IST
ETtech Deals Digest: Funding crunch in Indian startups continues as data shows 21-month lowsAccording to a report by CB Insights, VC funding in India hit a 21-month low in the July-September quarter with 387 deals bringing a paltry...
14 Oct, 2022, 06.13 PM IST
Edtech startup Adda247 raises $35 million in funding from Google, WestBridgeThe New Delhi-based startup said it would use the funds to enhance its technology and product, expand its student counselling team, and hir...
12 Oct, 2022, 11.00 PM IST
ETtech Deals Digest: Curefit, EatClub Brands raise fundsHealth and fitness platform Curefit and cloud kitchen startup EatClub Brands were among the companies that raised funds this week.
03 Dec, 2021, 06.28 PM IST
Adda247 raises $20 million in funding round led by WestBridge CapitalAdda247, an edtech startup that offers courses for government examinations, will use the funding from WestBridge Capital to strengthen its ...
30 Nov, 2021, 09.43 PM IST