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Pync calls it quits; Shadowfax CEO on D2C shiftHappy Thursday! Instant house-help startup Pync is shutting down and merging with rival Snabbit. This and more in today’s ETtech Morning Di...
UPI blocks other payment modes; Unacademy's Esop troubleHappy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech Morning Dispatch.
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Unacademy-Allen deal; Swiggy Q2 earningsHappy Wednesday! Unacademy and Allen Career Institute have been in talks to strike a deal but the terms are yet unclear. We have details of...
Unacademy launches app to learn Spanish; Indian languages to followUnacademy's chief executive, Gaurav Munjal, announced in a post on the microblogging platform X (formerly known as Twitter) that their new ...
New-age brands buzz on deal street; Unacademy founders’ voting rightsHappy Friday! New-age brands are attracting capital from VC funds, founders and other types of investors. This and more in today’s ETtech M...
Silicon Valley’s SPC plans India outpost; Holi spike for quick-commerceHappy Tuesday! San Francisco-based South Park Commons is working with Flipkart’s cofounder Binny Bansal on its India expansion. Details on ...
Unacademy launches gamified app for UPSC aspirantsThe new experiment at the Bengaluru-based startup comes at a time when the company is facing intense pressure to show profitability as Covi...
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...
View: Back to the 'old normal'It took months of pandemic-driven lockdowns for businesses to carve out an online ecosystem. However, within a couple of months of the thir...
Vedantu to sack another 424 employees; PhonePe to buy WealthDesk, OpenQ for $75MEdtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...
Edtech's post-Covid offline push continues with Unacademy CentresBengaluru-based Unacademy said its first offline centre will be operational in Kota by next month, followed by centres in Jaipur, Bengaluru...
Classplus bags $70M; Moveworks seeks 2nd HQ in IndiaClassplus, a four-year-old startup that helps teachers offer their services online, has raised $70 million from investors at a valuation of...
Lok Sabha approves crypto tax; Rebel Foods announces $10M Esop liquidationThe Finance Bill 2022, which includes the new taxes on crypto assets, was passed in the Lok Sabha this evening.
Future of edtech is online-plus-offline, says Sequoia India MDUnacademy earlier this month launched experience stores – which focus on new users looking to take up courses with the ed-tech platform - a...
RBI pulls up Paytm Payments Bank; Amazon India to remove Cloudtail as sellerPaytm Payments Bank cannot accept new customers and must appoint a firm to audit its IT system, the central bank said on Friday.
Unacademy looks at omni-channel retail, launches physical storesThe Unacademy store will host a counselling area for learners; an in-house library for reading sources, as well as classrooms that will hos...