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SIMPLILEARN VALUATION
UpGrad halves losses in FY25, posts 5% topline growthThe higher education and upskilling firm posted a net loss of Rs 274 crore, compared with Rs 560 crore in FY24. Its operating revenue incre...- Upgrad appoints former G20 sherpa Amitabh Kant as independent directorThis follows the higher-education and upskilling company ramping up its global expansion plans and eyeing a potential public listing in the...
- Edtech unicorn Eruditus closes $150-million loan refinancing deal from Mars Growth Capital and HSBCEruditus secured the deal led by MARS Growth Capital, a joint venture between Liquidity and MUFG Bank, and HSBC. This round comes after a $...
- Eruditus FY24 Ebitda loss narrows, founder cites focus on profitabilityEruditus was among the few edtech startups to have raised capital last year. It raised $150 million at a flat valuation of $3.2 billion pos...
- Gen Z laps up ethnic fashion brands; Warburg Pincus-Whatfix dealHappy Wednesday! Ethnic wear brands are gaining prominence among young working professionals and, in the process, attracting investor inter...
- Zepto’s $300 million funding; Meta taps Reliance for data centreThe Mumbai-based Zepto is eyeing a valuation of around $2.5-3 billion, as against the $1.4 billion it was assigned on turning unicorn last ...
- Eruditus joins queue of reverse flips by Indian startups, weighs IPOEdtech unicorn Eruditus is planning a shift in domicile from Singapore to India, or reverse flipping, and joins the growing list of Indian ...
- Is break from work the best year-end gift? Startups say yesAs employees return to offices and companies start to follow a hybrid work model, several organisations are helping staffers recharge with ...
- 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...
- Startup investors push founders to focus on stronger unit economics amid funding slowdownIn the last 2-3 weeks, many startups have deferred hiring mandates to the next quarter, as they head into a funding winter and want to go s...
- Ed-tech companies to go on hiring spreeMost hiring for these startups will be in sales, marketing, content, design and technical domains.
- Leap raises $34 million in secondary fundingThe company had raised $25 million from Morgan Stanley in a primary round in February.
- Blackstone's edtech bet; GlobalBees and Spinny score bigFrom Blackstone's newest edtech bet to GlobalBees's $150 million fundraising and the latest on the Pegasus spyware, here's a quick look at ...
- Unacademy concludes $50 million secondary share saleTiger Global, Dragoneer, Steadview Capital and General Atlantic have purchased $50 million Unacademy shares from existing investors to incr...
- Simplilearn in talks to raise funding at a valuation of $700 millionSimplilearn's fundraising move comes at a time when Indian edtech startups—led by Byju's and Unacademy—are mopping up investor dollar amid ...
- InnoVen Capital clocks Rs 82 crore deals in first quarter“Financial year 2016-17 has started off very strongly. Our pipeline is almost at $20 million in term sheets at this point in time..." Vinod...
- How the Housing CEO resignation episode could be an eye-opener for Indian entrepreneursDo founders with scant ownership grow to care less about their companies? Just how much stake should they dilute to investors?
- Mayfield India, others invest Rs 90 crore in SimplilearnThe deal where Mayfield has pumped in half the invested amount included investment of Rs 25 crore from Helion, while Kalaari put in Rs 20 c...
- Startups focus on team composition to draw investorsMany entrepreneurs believe investing in top talent can also help increase enterprise value when they are looking to sell a company.
- Stability not exciting: Young professionals chucking jobs at big companies to join startupsMore and more young professionals are willing to pass up the job security at big cos in favour of the thrill of innovation and sense of own...
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