Banks wary of credit on UPI by fintechs; layoffs at edtech unicorn Physics WallahIndian fintechs are eyeing credit lines on UPI as their next big growth opportunity but banks want to put the brakes on the growth of unsec...
Edtech startup Physics Wallah lays off 120 staffers after performance evaluationThe decision, undertaken after a mid-term appraisal analysis ended in October, is aimed at ensuring Physics Wallah’s primary focus on maint...
Physics Wallah to acquire 50% stake in Xylem for Rs 500 crore over three yearsThe deal involves the purchase of fresh shares and a part of the stake held by Xylem’s existing investors in cash and stock. A portion of t...
PhysicsWallah developing products to enter K-12 segmentIts plan to enter the K-12 segment comes at a time when funding has slowed down in the edtech sector, with investors becoming cautious as d...
Physics Wallah to hire 2500 employees across verticals by March"The hiring spree is aligned with the brand's ambitious growth goals as it continues to provide top-of-the-line learning opportunities to s...
Ex-WhatsApp Pay India head may join Tata Digital; house panel flags Big Tech’s ad monopolyA week ago, WhatsApp Pay's India head Vinay Choletti quit the company just after four months he was elevated to the position. His resignati...
PhysicsWallah forays into upskilling with iNeuron acquisitionThe startup, valued at $1.1 billion, startup will acquire iNeuron.ai from National Stock Exchange-listed publishing and education services ...
iNeuron acquires YouTuber Hitesh Chaudhary's Learn Code Online in an all-stock dealAs part of the deal, Chaudhary will join iNeuron as its chief technology officer (CTO). Chaudhary will also bring to iNeuron his connection...