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Sidbi’s new secondaries fund; Oyo’s IPO plansHappy Monday! The central government is planning a new secondaries fund. This and more in today’s ETtech Morning Dispatch.- Edtech firm Brightchamps buys K12 marketplace EdjustWith this buyout, GSV Ventures-backed Brightchamps has acquired four companies, including Education10x, a financial literacy education plat...
- SaaS startup Nected raises $1.5 million in funding from Binny Bansal's Three State Ventures, othersNected, a SaaS startup, secured $1.5 million in seed funding from Three State Ventures, led by Flipkart founder Binny Bansal. Other investo...
- PropTech startup Crib to invest $1 million in digitising student housing and co-living marketPropTech startup Crib invests $1 million in 'Crib Plus' to digitize India's student housing and co-living market, serving over 1000 landlor...
- Crib targets Rs 6.5 crore ARR from SaaS offerings in FY 23-24Crib's app serves prospective tenants in finding suitable rental options and assists existing tenants in rent payments, issue reporting, an...
- Indian edtech companies eye larger offline play in post-pandemic worldThe edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms o...
- Proptech startup Crib, SaaS-based marketplace, raises Rs 15 cr in seed roundProptech startup Crib, a SaaS-based marketplace for co-living, has raised ₹15 crore in its seed round co-led by WeFounderCircle and Rebrigh...
- Prop-tech startup Crib raises Rs 15 crore in funding led by WeFounderCircleThe company plans to use the funds to expand its product offerings, and scale distribution to all major pincodes in India.
- Edtech startup BrightChamps makes third acquisition, enters B2B arenaMetamorphosis Edu partners with schools across India to train students in skills linked to entrepreneurship. The startup also helps its cli...
- Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...
- Tazapay raises $16.9 million from Sequoia Capital, others in fresh fundingExisting investors Foundamental, January Capital, RTP Global and Saison Capital also participated in the latest round of funding.
- Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.
- Edtech Brightchamps acquires live-learning platform ScholaSchola’s acquisition will help Brightchamps cement its position in the K-12 education space.
- Edtech BrightChamps eyes M&As for growthThe acquisitions will likely be across India, the United States, the UK, the Middle East and Southeast Asia.
- RBI says non-banks can't load credit lines on prepaid instruments; investors spooked as DeFi bubble popsOn Monday evening the Reserve Bank of India issued a clarification on prepaid payment instruments (PPIs) such as wallets and prepaid cards,...
- Despite layoffs, some edtech firms still on growth chapterUpGrad managing director Mayank Kumar said the company’s diversified model had helped it remain stable. It continues to have many open hiri...
- Startups reach out to find jobs for the laid-offScaler, Filo, Classplus, PhysicsWallah, BrightChamps, Teachmint, ByteLearn and Mojocare were some of those companies offering help.
- E-commerce marketing startup RetainIQ raises $2.3 million in fundingRetainIQ plans to use the capital to rapidly scale its operations, accelerate product development, and expand its core teams across enginee...
- Edtech startup Brightchamps valued at nearly $500 million with Premji Invest-led fundingPremji Invest has led a new round of funding of $51 million, along with participation from edtech-focused investor GSV Ventures, Flipkart c...
- Govt likely to take ‘middle path’ on crypto; Myntra leaps into live commerceThe Indian government, which is finalising legislation on cryptocurrencies for the winter session of Parliament, is likely to take the “mid...
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