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EDTECH STARTUPS FUNDING
Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
- 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 ...
- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
- India's student founders are betting on deep tech — And it's reshaping the country's startup mapDeep tech has emerged as the biggest category among student-led startups in India for the first time, according to Campus Fund’s latest Sta...
- 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.
- 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.
- 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...
- 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...
- 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-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.
- Deep tech to drive India's Unicorn 2.0 wave: Infosys co-founder Kris GopalakrishnanIndia's next generation of major startups needs deep technology and advanced manufacturing. This shift is crucial for the nation's self-rel...
- 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.
- Edtech firm Techmaghi bags Rs 20 lakh startup seed fundLaunched in 2021 with a modest 30-member team, Techmaghi is today a leading education provider, having trained more than 75,000 students, g...
- 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 most popular sector among student founders, says Campus Fund reportAlthough edtech is the most common sector in terms of deal inflows (16.3% of inflows go to edtech firms), it has one of the lowest throughp...
- 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...
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