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PhysicsWallah shares rally 8% after Q1 loss narrows, revenue rises 24% YoY. Should you buy?PhysicsWallah shares gained sharply after the edtech company reported improved Q1FY27 performance, with revenue rising and losses narrowing...
Unacademy investors to get UpGrad board seat as Rs 1,955-crore merger nears closeUpGrad is acquiring Unacademy through an all-stock transaction. The Competition Commission of India cleared the merger on July 7, removing ...
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
PhysicsWallah to raise stake in Sarrthi IAS to 51% for Rs 72 crorePhysicsWallah’s board approved the second tranche of the acquisition on July 16, along with revisions to the valuation methodology and purc...
BITS Pilani-backed sortmyprep raises USD 350k in pre-seed roundSortmyprep, an AI education platform, secured USD 350k in pre-seed funding. This investment will strengthen its AI infrastructure and expan...
EQT To List Data Analytics firm Straive in $400 million IPOSwedish firm EQT Partners plans a $400 million IPO for its platform Straive. The India-focused company is expected to be valued at $2.5 bil...
Info Edge shares rally 19% in 2 days after Q1 update. Here’s what Nomura, Goldman Sachs, other brokerages sayInfo Edge shares surged significantly after releasing its Q1 FY27 business update. The company reported a 14% increase in standalone billin...
Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
Swiggy’s Indian control push; Cultfit’s big IPO swingSwiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.
CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidationThe Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- a...
Info Edge shares surge 11% after Q1FY27 billings rise 14% YoYInfo Edge shares rose sharply after the company reported a 14.4% year-on-year rise in Q1FY27 standalone billings, led by strong growth in i...
Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so farIndian startups are increasingly offering Esop liquidity programs to employees. Flipkart recently announced its second buyback event with a...
Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
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...
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...
Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy...
PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...
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 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...