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EDTECH UNICORN FOUNDERS
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. ...- 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...
- 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...
- 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...
- Unacademy elevates Arooshi Singh as head of HRUnacademy has promoted Arooshi Singh to Head of HR after over 7 years of dedication and excellence. Additionally, cofounders Gaurav Munjal ...
- 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...
- US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billionThe markdown has translated to a valuation of about $2.9 billion as of March 31, 2023, a drop from $3.2 billion in August 2021, a price at ...
- Cash-rich edtech firms out to poach rivals in funding winterEdtech startups that are sitting on cash piles such as PhysicsWallah, UpGrad, Lead are on the lookout for suitable deals that would enhance...
- Unacademy acquires Gate Academy, launches 50 YouTube education channelsUmesh Dhande, the founder and a director at GATE Academy, will join Unacademy as its vice president, academics, GATE and ESE, the company s...
- Vedantu lays off another 100 employees after sacking 624 in MayInterestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercis...
- View: The world is looking at India to show the way in EdTechWhat is common among these edtech unicorns? The founder of PhysicsWallah (PW), Alakh Pandey, comes from a modest background in Allahabad, s...
- Online learning platform Physics Wallah enters unicorn club with $100 million fundingWestBridge Capital and GSV Ventures lead the funding round valuing the edtech startup at $1.1 billion
- Edtech startup Bhanzu raises $2 million from Lightspeed and othersThe round also saw participation from angel investors and founders of Indian startups, including Nitin Gupta, Uni chief executive; Kunal Sh...
- Former Twitter India head Manish Maheshwari's Invact Metaversity raises funds at $33 million valuationThe fundraise by Invact Metaversity saw participation from Kishore Biyani (Future Group), T.V. Mohandas Pai (Manipal Global Education), Dr ...
- Every second founder of a unicorn this year is an IITianEvery second founder of Indian startups that turned a unicorn this year is an alumnus of one of four oldest Indian Institutes of Technology...
- Most unicorn founders this year are IITiansAs many as 30 of the 58 founders of these are engineering graduates from the IITs of Delhi, Bombay, Kharagpur or Kanpur, according to a stu...
- ETtech Deals Digest: India minted three unicorns this weekTwo edtech startups and a cryptocurrency exchange entered the unicorn club this week.
- ETtech Exclusive: Eruditus raises $650 million as valuation jumps four-fold to $3.2 billionCPPIB to also join new round which will facilitate partial exit for Bertelsmann, founder & management selling $100 million in shares
- upGrad enters unicorn club after funding from Temasek, IFC, IIFLEdtech startup upGrad, which competes with Byju’s and Unacademy, has closed a $185-million funding round at a valuation of $1.2 billion, th...
- Indian tech startups added a record number of unicorns in 2020: NasscomRemote work helped startups reduce burn and accelerated the growth of new tech hubs.
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