2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
28 Dec, 2022, 09.26 PM IST
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
28 Dec, 2022, 08.05 AM IST
Edtech firms in a tight spot; TCS’ Gopinathan says 2023 will bring ‘balance’Edtech firms are expected to move away from the K-12 business model in the coming year. They are also expected to focus on things like expa...
20 Dec, 2022, 12.40 PM IST
Smartkarma Research: India EdTech Woes: Waning Demand, Dried up Funding & Risk of Eroding ValuationsThis pandemic-led boom in subscriptions helped drive valuations manifold. But with schools and physical tuition classes now back to full sw...
22 Sep, 2022, 01.59 PM IST
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...
08 Sep, 2022, 10.41 PM IST
Edtech carnage continues as WhiteHat Jr lays off 300 employeesWhiteHat Jr posted a total loss of Rs 1,690 crore for FY21, according to regulatory filings filed with the Ministry of Corporate Affairs.
29 Jun, 2022, 07.26 PM IST
Edtech players go hybrid as online growth slowsCompanies including PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu and Unacademy are all in the process of either expanding or...
11 Jun, 2022, 06.00 AM IST
Online learning platform Physics Wallah enters unicorn club with $100 million fundingWestBridge Capital and GSV Ventures lead the funding round valuing the edtech startup at $1.1 billion
07 Jun, 2022, 08.17 PM IST
Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
07 Jun, 2022, 06.28 PM IST
Automatic for the people: robots in the workplaceThe move comes amid a liquidity squeeze following the Reserve Bank of India’s (RBI) decision to hike interest rates, even as startups are s...
04 Jun, 2022, 08.07 AM IST
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 ...
01 Jun, 2022, 06.55 PM IST
Info Edge digs in; rules for crypto ads; Mamaearth valued at $730MInfo Edge founder told us the company plans to hold on to the bulk of its 15% stake in Zomato.
26 Jul, 2021, 02.12 PM IST
We are holding on to Zomato, there is still tremendous potential: Sanjeev Bikhchandani'It is a mistaken belief that Indian startups need to list overseas to succeed'
26 Jul, 2021, 06.00 AM IST
ETtech Bytes on 18 Jan. 2021: Top 5 Tech News Today, in 10 MinutesFrom Delhi High Court quashing a petition against WhatsApp privacy policy changes to the app’s homegrown rival Hike Messenger shutting down...
18 Jan, 2021, 08.41 PM IST
Edtech startup Udayy raises $2.5 million in seed funding roundUdayy will use the fresh funding to fuel its next phase of its growth, which will include curriculum development, product suite expansion, ...
18 Jan, 2021, 03.18 PM IST