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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...- 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...
- UpGrad value pegged at $1.7 billion as Unacademy deal awaits CCI assentUpGrad's valuation hit $1.7 billion, with a confidential report revealing projected profitability for FY26. The edtech firm plans to acquir...
- Unacademy’s test prep CEO Sumit Jain quits ahead of upGrad acquisitionSumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 20...
- 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 to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
- 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.
- Upgrad, Unacademy betting on AI to disrupt edtechGaurav Munjal, who will stay on as the cofounder and CEO of Unacademy, said the startup redefined the edtech playbook when it entered the m...
- Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock dealHigher learning firm Upgrad will acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company's founder Gaura...
- Upgrad secures $60 million from Temasek at $2.25 billion valuationTemasek, Singapore's sovereign wealth fund, has invested an additional $60 million into Upgrad, maintaining the higher education and upskil...
- Upgrad MD Mayank Kumar steps down as firm eyes $50-60 million raiseEdtech unicorn Upgrad will see its cofounder and managing director Mayank Kumar depart, while founder and chairman Ronnie Screwvala will ta...
- Ronnie Screwvala meets edtech founders to discuss impact of Byju's controversyThe founders aimed to change the narrative around edtech, shifting it away from being seen as a 'predatory space' to highlighting its posit...
- Edtech sector needs change with frugality: Ronnie ScrewvalaMany entrepreneurs prioritise raising funds as their first step, when it should actually be fifth on their list of priorities, the executiv...
- upGrad forays into Pacific region with medical institute in VanuatuEdtech firm upGrad on Tuesday announced that it has forayed into Pacific region with first-ever fully offline medical institute in the Repu...
- Edtech firm UpGrad valued at $2.25 billion in $210 million roundThis comes at a time when a bunch of edtech startups are facing a cash crunch and have even fired employees recently.
- 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...
- 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...
- UpGrad earmarks $250 million for mergers and acquisitions over next 7-9 monthsThe Mumbai-based company had raised $120 million in April from Singapore's sovereign fund Temasek
- Ronnie Screwvala to merge business units; in talks to raise $200 millionScrewvala has been one of the key Indian investors in early-stage tech and new economy companies. His startup portfolio will be included in...
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