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TEST PREP MARKET
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
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...
Ola Electric gets govt certification for 4680 Bharat Cell powered S1 X+ 5.2 kWh scooterOla Electric's S1 X+ 5.2kWh electric scooter has received government approval. This mass market scooter features Ola's indigenously develop...
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
Inside SpeEdLabs’ bet on school-integrated test preparationSpeEdLabs is embedding competitive exam preparation directly into school systems, aiming to make high-quality, affordable test prep accessi...
Test-prep players adapt as legal education attracts wider talent poolIndia’s law entrance test-prep market is expanding steadily, driven by rising demand for legal education and growing participation beyond m...
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...
Edtech player PhysicsWallah announces IPO dates, to raise Rs 3,480 croreEdtech firm PhysicsWallah will open its Rs 3,480 crore IPO on 11 November. Backed by WestBridge Capital, the company reported strong revenu...
PhysicsWallah files updated papers for Rs 3,820 crore IPO, Alakh Pandey, Prateek Maheshwari to pare stakePhysicsWallah (PW) has filed its updated draft red herring prospectus (UDRHP) with Sebi, aiming to raise Rs 3,820 crore through a mix of fr...
ET Graphics: The market for test prepUndergraduate entrance exams in India, including JEE, NEET, CLAT, CA, and CUET, are essential for gaining admission into prestigious instit...
Byju’s weighs IPO of its test prep subsidiary Aakash by mid-2024The announcement on the IPO for Aakash, which Byju’s acquired in 2021 for $950 million, has come amid the company reportedly facing a $40 m...
upGrad acquires Noida-based test prep provider ExampurNoida-based learning platform Exampur aims to reach Rs 70 crore (nearly $7.5 million) in revenue this fiscal.
Inside ed-tech companies' suddenly rising focus on coaching for government jobsCompanies focusing exclusively on government jobs said their revenues had grown around 1-4x in the last year, on the back of both job marke...
Unacademy acquires test prep platform WifistudyIn a bid to tap into the test prep market, online education startup Unacademy has acquired Jaipur-based online exam preparation platform Wi...
Asset light business & test prep will always be the main focus area: Gautam Puri, CL EducateThe focus is asset light, test prep where there is a huge opportunity and if you look at the market, there is no single test prep company w...
CL Educate lists at Rs 398, 20.72% discount to issue priceAs on September 30, the company had 151 test-prep centers in over 87 cities in India, eight K-12 schools spread across six cities and 28 vo...
Investors back test preparation site EmbibeFounded by Aditi Avasthi, 32, Embibe began operations in 2012 with the backing of Sandeep Murthy.