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EDTECH SECTOR CONSOLIDATION
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. ...
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...
UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
Edtech firms turn to hybrid models to ace business sustainability test2025 is expected to be a crucial year for the edtech sector. Companies are focusing on sustainable practices and delivering tangible result...
Hornbill Orchid in talks to lead PhysicsWallah's $150-million funding at $2.8 billion valuationThis will be the second funding round for PhysicsWallah, started by Alakh Pandey, a popular teacher, in 2016 as a YouTube channel providing...
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 ...
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...
Post Byju’s, investors worried about governance at startups: GSV Ventures' Deborah QuazzoGSV Ventures has backed Indian edtech unicorns including Eruditus, Lead, PhysicsWallah as well as startups like Classplus. Deborah Quazzo a...
Dream11’s Harsh Jain is IAMAI’s new chairperson; Rishad Premji took 50% salary cut in FY23Dream11’s Harsh Jain was elected as the chairperson of the Internet and Mobile Association of India (IAMAI) amid an ongoing tussle between ...
Funding crunch healthy for startups as it’ll bring profitability to the fore: GSV’s Deborah QuazzoDeborah Quazzo told ET during an exclusive interaction that the pace of investments has slowed down in both the US and India and is likely ...
Edtech cos eye hybrid route, mergers for business sustainabilityHe said online education, despite all its advantages, is not the solution to all problems and as the world goes back to normalcy, the indus...
IAMAI constitutes consortium for edtech firms; Byju's, Simplilearn, Unacademy join groupSeveral edtech entities have joined the IEC such as Byju's, Careers 360, Classplus, Doubtnut, Great Learning, Harappa, Times Edutech & Even...
upGrad consolidates its three India subsidiaries into one unitupGrad has consolidated its three Indian subsidiaries—upGrad Campus, upGrad Jeet and upGrad KnowledgeHut—to create one parent company in In...
Edtech sector to consolidate in hiring, investments as schools, colleges open: ExpertsThe pandemic has drastically changed the way of teaching and learning, and the funding for ed-tech has remained bullish leading to the adop...
Edtech sector to consolidate in hiring, investments as schools, colleges open: ExpertsThe pandemic has drastically changed the way of teaching and learning, and the funding for edtech has remained bullish leading to the adopt...