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LIDO LEARNING FUNDING
Peak XV Partners-backed AI startup Nintee shuts shop; to return capital to investorsAI startup Nintee, led by Paras Chopra, closed after struggling to compete with bigger platforms. Funding to be returned. Employees offered...- FrontRow shuts shop, likely to return 20% of capital raised to investorsBengaluru-based FrontRow, which raised $18 million since 2020, had laid off 90% of its employees over two rounds to rein in costs in a fail...
- Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...
- 2022 Year in Review | As the pandemic bubble bursts, edtechs back in classEdtechs are expected to move away from the K-12 business model in the coming year. They are also expected to focus on priorities such as a ...
- Top tech firms flag tokenisation worries; Lido Learning workers get final settlement offerThey are now – through an industry body – seeking the Reserve Bank of India’s (RBI) intervention to ensure hassle-free transactions once me...
- Lido sends final settlement offers to its employeesTeachers, educators, counsellors, and administrative staff have also received a similar offer, the people said requesting anonymity.
- Cash-strapped edtech startup Lido Learning files for bankruptcyLido Learning’s board passed a resolution in an extraordinary meeting held on September 5 to file an application under Section 10 of the In...
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Byju Raveendran to focus on global business, to hand over India operations to COOThe latest development comes as edtech companies like BYJU's-run WhiteHat Jr, Unacademy, Vedantu, and Lido Learning, are at the forefront o...
- Edtech startup Udayy shuts down, lays off entire staffUdayy raised around $10 million from US-based Norwest Venture Partners in February. It raised $2.5 million in seed funding a year ago. “We ...
- Startups reach out to find jobs for the laid-offScaler, Filo, Classplus, PhysicsWallah, BrightChamps, Teachmint, ByteLearn and Mojocare were some of those companies offering help.
- Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
- Cameo, celebrity video shout-out app, says it will layoff 25% of employeesThe decision to reduce our headcount was a painful but necessary course correction” to “balance our costs with our cash reserves,” CEO and ...
- Lido Learning raises $10 million funding from Ronnie Screwvala's Unilazer VenturesThe edtech startup plans to use the new round of capital to fuel its aggressive expansion plans in India as well as abroad, which include t...
- Lido Learning bags Rs 41 crore in fundingLido Learning passed a special resolution to approve the allotment of 1,41,493 Series Seed 2 preference shares at an issue price of Rs 2,88...
- Edtech startup Lido Learning seeks $30 million funding from TemasekEdtech startup Lido Learning would be valued at $100 million if the latest round of funding goes through.
- ByteDance in talks to invest in edtech firm Lido LearningA potential investment by ByteDance, the world’s most richly valued startup, will be intriguing, given the pressure it faces globally, and ...
- Lido Learning gets $4.5 million in Series B fundsThe company had also said earlier that it would bring on board 500 online tutors to cope with the higher demand due to the Covid-19 lockdow...
- Lido Learning to hire 500 online tutorsLast week, Lido raised $3 million as part of a Series B funding round, in which existing investors as well as new investors including Picus...
- Edtech startup Lido Learning appoints new CTOLido Learning (Quality Tutorials) was launched in April 2019 by Sahil Sheth, offering live tutoring and personalised online coaching sessio...
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