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EDTECH GLOBAL EXPANSION
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
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...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Test-prep players adapt as legal education attracts wider talent poolIndia’s law entrance test-prep market is expanding steadily, driven by rising demand for legal education and growing participation beyond m...
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...
India’s edtech market set to reach $29 billion by 2030: reportThe edtech market in India, currently worth $7.5 billion, is expected to reach $29 billion by 2030, driven by rising aspirations, digital e...
Byju’s used $1.2 billion term loan for legitimate business operations, asserts Byju Raveendran in court filingOn the day a judge was set to consider the lenders’ fraudulent transfer claims against his company, Byju Raveendran outlined for the first ...
Imarticus Learning looks to expand into US, Middle East, SingaporeWith this move, Imarticus Learning aims to tap into new talent pools, as well as bridge the global demand for specialised education and tra...
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...
Byju Raveendran to focus on global business, to hand over India operations to COOThe latest development comes as edtech companies like BYJU's-run WhiteHat Jr, Unacademy, Vedantu, and Lido Learning, are at the forefront o...
Teachmint raises $20 million in funding led by Learn CapitalThe one-year-old startup, which empowers teachers to create their own classrooms through its app, claims to have more than one million teac...
upGrad plans to hire over 1,000 employees in 3 months to address growing demandThe fresh Sales recruits will work in a 'Temporary Safe Workplace Bubbles' across 5-star hotel properties in Mumbai and Bangalore, which wi...
Teachmint raises $16.5 million in funding led by Learn CapitalThe startup plans to use the funds raised for hiring talent, R&D on teaching technology, strategic acquisitions, and further market expansi...
‘Educational technology companies to draw in $500 million in 2019’Experts say that market for online learning is untapped and has room for the likes of Byju’s, Toppr to scale up.
Byju's appoints Abhishek Maheshwari as president of international businessMaheshwari will help the company to strategise, build and lead the global expansion of brand Byju's