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EDTECH INDUSTRY NEWS
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...
CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
Decoding the pandora’s box of pay hike in edtechPay hikes in 2023 in India are expected to be the highest globally, with real-term hikes (adjusted for inflation) likely to take place. Top...
Six in 10 Indian companies express intention to hire more freshers: SurveyAccording to the latest Career Outlook Report, the overall hiring intent for freshers to experienced professionals has marginally increased...
ETtech’s 2022 Year in Review SpecialOver the past few weeks the ETtech team has been chronicling all the big news events that shaped 2022. We’ve tried to make sense of all the...
Cost cutting, layoffs & delayed results: Looking beneath and beyond the upheaval in the Edtech industryA lot of startups that were cash negative and not funded had to shut shop, the bigger ones with the big bucks in their bank accounts needed...
Cash-strapped edtech startup Lido Learning files for bankruptcyLido Learning’s board passed a resolution in an extraordinary meeting held on September 5 to file an application under Section 10 of the In...
Government airs concerns over complaints against edtech companiesComplaints against Byju’s and group entities were highlighted during a discussion, as the edtech leader caters to a large student base, peo...
Byju's raises another $50 million led by IIFLIIFL led the round with a $35 million investment, while Maitri Edtech put in $15 million
India's education-tech sector sees $2.1 billion investment in 2020, says research reportHigher population of young workforce, socio-economic indicators, rising urbanisation, surging internet users and increasing amount of unemp...
ETtech Evening Briefing on 28 Jan. 2021: Top 5 Tech News, in 10 MinutesIt’s all happening today. All the Big Tech firms—WhatsApp, Facebook, Google, Apple and Amazon—are in the news for their evolving machinatio...
Eight years, two companies. What makes me believe in edtech, for the win‘Learn fast and unlearn faster’ if you want to be an entrepreneur. Everyday can be different and every situation can teach you something.