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Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
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 ...
GST officials visit UpGrad office; routine survey, says companyThe news comes a day after ET reported that the directors of embattled edtech major Byju’s parent, Think and Learn Pvt Ltd, may be summoned...
Byju's seeks investors to sell stake in Aakash Education: reportThink & Learn, Byju's holding company, is looking to dilute up to 20% of its total 70% equity stake in Aakash Education, said a report from...
Unacademy’s Graphy acquires community-management platform ScenesAccording to Graphy, the acquisition will allow it to enhance its offerings as well as expand its reach in the creator ecosystem. At presen...
About 27K employees lost jobs at Indian startups to date, over 8K this yearChennai-based edtech startup Skill-Lync laid off employees as it consolidates operations across Chennai, Bengaluru, and Hyderabad amid glob...
Unacademy cancels cash appraisals; staffers will be rewarded with stock optionsUnacademy’s cofounder and CEO Gaurav Munjal on Thursday told employees that appraisals for the financial year ended March 2023 stand cancel...
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. ...
Byju's denies buying students’ database, threatening parents: reportOn Friday, the NCPCR had summoned the Bengaluru-based startup’s CEO, Byju Raveendran, over allegations that the company’s sales team is lur...
Byju's buying phone numbers of kids, parents and threatening them: NCPCR chiefNCPCR Chairperson Priyank Kanoongo said that the commission has initiated action against Byju's and will send a report to Centre if needed.
Government asks Byju’s reasons for delay in filing audited accounts: reportAccording to the report, earlier this month, the Ministry of Corporate Affairs sent a letter to Byju’s parent company Think & Learn asking ...
Byju's raises another $50 million led by IIFLIIFL led the round with a $35 million investment, while Maitri Edtech put in $15 million