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 ...
30 Dec, 2022, 04.42 PM IST
2022 Year in Review: Fund-starved startups sacked nearly 18,000 employeesEdtech companies accounted for a staggering 44% of the total layoffs. In total, 52 startups fired 17,989 employees spread across edtech, co...
30 Dec, 2022, 02.45 PM IST
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
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
Another crypto firm freezes withdrawals; Byju’s says Aakash payments doneThe Singapore-based crypto platform Vauld said earlier today it has frozen withdrawals and trading
04 Jul, 2022, 06.43 PM IST
Byju’s WhiteHat Jr may see rebranding, fires another 300 in TopprAs per current discussions, Byju’s may add its name to WhiteHat Jr as a suffix, but there is also a consideration to rename it fully under ...
30 Jun, 2022, 02.55 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
Byju's cuts 600 jobs across Toppr and WhiteHat Jr as Indian edtech space shrinksByju's subsidiaries laid off 600 employees as Indian edtech space reels under global macroeconomic headwinds.
29 Jun, 2022, 04.59 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 unicorn Eruditus lays off employees to focus on profitabilityEruditus Group owns Eruditus Executive Education and Emeritus. Eruditus partners with over 50 universities such as MIT, Columbia, Harvard, ...
03 Jun, 2022, 06.37 PM IST
Meesho looks to cut costs, extend runway; Udayy sacks workers and shuts downMeesho, for one, is taking their advice and shifting gears amid the downturn. But it’s too late for edtech startup Udayy, which has laid of...
02 Jun, 2022, 08.06 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
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