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Physicswallah is ‘class’ apart, says DAM Capital after initiating with Buy rating. 3 reasons whyDAM Capital has initiated coverage on PhysicsWallah with a Buy rating, calling the ed-tech firm ‘a class apart’ and highlighting strong gro...- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- PhysicsWallah dials down schools push after investor uneasePhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operat...
- PhysicsWallah posts 50% rise in Q4 revenue; swings to a Rs 69 crore lossNoida-based PhysicsWallah saw operating revenues climb 50% year-on-year to Rs 919 crore for the quarter ending March 31, 2026. Despite this...
- PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ FinanceThe company will subscribe to 26.7 million fully paid-up equity shares with a face value of Rs 10 each and a premium of Rs 35 per share, Ph...
- 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.
- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- From AI to digital marketing: How Indian women professionals are upskilling for successWomen professionals in India are increasingly enrolling in edtech platforms like Coursera, upGrad, and Simplilearn to upskill and stay comp...
- Lead Group turns Ebitda positive in Q1 FY25; revenue up 25% at Rs 370 crore in FY24Attributes growth to robust demand for tech-driven, integrated solutions aligned with the National Curriculum Framework (NCF) across school...
- Prosus writes off investment in Byju's marking $493 million lossProsus writes off 9.6% stake in Byju's worth $493 million due to value decrease as per HSBC note. Also marks investment in Primrose Hill (Z...
- Schoolnet acquires Housing cofounder's startup Genius Teacher in edtech consolidationAmid consolidation in the sector, Housing.com cofounder Advitiya Sharma's edtech startup Genius Teacher, a quiz-based e-learning platform f...
- Unable to process salaries because of investor dispute: Byju Raveendran to staffIn an internal memo, he blamed a select few investors, and added that the amount raised through the rights issue is locked in a separate ac...
- Eruditus joins queue of reverse flips by Indian startups, weighs IPOEdtech unicorn Eruditus is planning a shift in domicile from Singapore to India, or reverse flipping, and joins the growing list of Indian ...
- Working to improve edtech returns: Ervin Tu, interim CEO of Byju’s investor ProsusThe comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...
- Byju's tells investors it will file 2022 earnings by SeptemberByju's leadership, including founder Byju Raveendran and Chief Financial Officer Ajay Goel, briefed about 75 shareholders on Saturday to ad...
- Vedanta’s Ajay Goel joins Byju’s as CFOGoel, who has worked in senior positions in firms such as Daiageo and GE, is joining Byju’s at a time when the company is in the middle of ...
- Byju’s asks creditors for more time to recast $1.2-billion debt: reportSome of the creditors are seeking a quicker repayment of the debt given to Byju's using cash reserves of about $850 million from its US uni...
- Parents fume as edtech platforms force them to buy online coursesThe Ministry of Consumer Affairs recently pulled up edtech firms during a meeting with them and self-regulatory organisation India Edtech C...
- Unacademy shuts Mastree after a year of acquisitionUnacademy had invested $5 million in Mastree in July last year as it wanted to strengthen its presence in the K-12 learning space. Mastree ...
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