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BHARAT EDTECH INITIATIVE
Bharat Coking Coal, Aequs get Sebi nod to launch IPOsSebi has approved IPOs of Bharat Coking Coal, a Coal India subsidiary, and aerospace-to-consumer precision manufacturer Aequs. BCCL’s issue...- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Banks eye fintech turf; Sluggish year for edtech investmentsHappy Wednesday! Banks are intensifying competition with fintechs in merchant payments and beyond. This and more in today’s ETtech Morning ...
- Startup India propelled country to become one of the most vibrant startup ecosystems: PM ModiPrime Minister Narendra Modi praised 'Startup India' on its ninth anniversary, calling it transformative for propelling India into a vibran...
- India surpasses 73,000 startups with women directors: Commerce MinistryIndia has over 73,000 startups led by women under the Startup India initiative. This highlights the significant role of women in the startu...
- NSDC International and edtech PhysicWallah launch ‘BIG initiative’ for educationThis programme is launched with the aim of developing India into a global education hub. The edtech startup said in a statement that the in...
- 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.
- SA Technologies’ New Bengaluru Center to power Global IT Solutions through its Global Capability CenterSA Technologies launches Global Capability Center in Bengaluru, India, strengthening global operational excellence. Inspera partnership enh...
- India Inc defies downtrend, records 95 deals in July: reportDeal volumes fell 46% compared to the same period last year, however deal value witnessed a rise of 58% owing to nine big-ticket transactio...
- Exclusive: Byju’s, lenders agree to alter terms of $1.2 billion loanCreditors could drop the demand for accelerated repayment; all litigations may come to an end if talks turn out to be fruitful.
- Rajnish Kumar, Mohandas Pai join Byju’s advisory council; Wipro net profit up in double digitsTroubled edtech major Byju’s said it has appointed Rajnish Kumar, former SBI chief, and ex-Infosys CFO Mohandas Pai to its Board Advisory C...
- Byju’s lenders scrap talks to recast $1.2B loan; Janus Henderson cuts PharmEasy valuation furtherByju’s woes seem to have no end. The company has suffered a series of setbacks over the last year, including ED raids and valuation markdow...
- 2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
- Retail EV sales jump; Navi to file for IPO this weekAccording to the latest data from the Federation of Automobiles Dealers Association, retail sales of passenger EVs and two-wheelers saw a h...
- Indian startups raise $10 billion in a quarter for the first time, report saysA total of $10.9 billion was raised in 347 deals from July to September, according to a PwC India report. That’s twice the amount raised in...
- GiveIndia and Sattva collaborate to launch Bharat EdTech InitiativeWith EdTech and Community partners El-Mindspark, Toppr, Vedantu, Akansha, Bal Utsav, Educate Girls, People For Action, Saajha and Sarathi o...
- Unicorns, soonicorns on a hiring spree as Covid-19 accelerates digital adoptionDuring the pandemic, the unicorns offered jobs to more than 45,000 people, while soonicorns hired nearly 20,000.
- Indian tech startups added a record number of unicorns in 2020: NasscomRemote work helped startups reduce burn and accelerated the growth of new tech hubs.
- Teachmint launches free live tutoring mobile app, raises funding from Better CapitalTeachmint has launched an app that enables tutors to digitize their tutoring business with a simple mobile experience.
- Govt's digitisation plan set to deliver a slew of opportunities for startupsOnline retailers, smarting from the drop in sales owing to demonetisation, believe they stand to gain from the aggressive spending outlined...
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