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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 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 ...
- YouTube offers LMS-Style 'Courses' to Creators. Details hereAlthough the instructional video has been available on YouTube for some time, this will allow artists to give viewers a more thorough, stru...
- Edtech companies need to rework models to keep parents happyThe survey covered 521 parents to understand their experience with edtech offerings in the K-12 and JEE-NEET preparation segments.
- 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...
- Unacademy launches annual subscription learning product with Sachin TendulkarUnacademy plans to add more courses from different fields such as sports, arts, business, and leadership in future. The Icons programme wil...
- Unacademy allocates $20 million to group firm Relevel"The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in user growth, hiring company p...
- Oyo eyes $12-15B IPO valuation; Unacademy gets a breatherOyo is aiming for a valuation of $12-15 billion for its upcoming IPO, in which some investors will sell parts of their holdings. These won’...
- Unacademy shuts Mastree after a year of acquisitionUnacademy had invested $5 million in Mastree in July last year as it wanted to strengthen its presence in the K-12 learning space. Mastree ...
- Reboot & Refresh 2.0: The new Indian marketing playbookWith consumer sentiments and household spending still low, Brand Equity finds that leading advertisers are exploring newer approaches to ma...
- Streaming platform ALTBalaji picks up 17.5% stake in celebrity engagement platform TringLaunched in February 2020, Tring has become one of the leading players in the celebrity video shout-out space. The investment by ALTBalaji ...
- Unacademy plans to launch Rs 30 crore-ESOP buyback offerThe edutech space has seen strong growth globally with the COVID-19 pandemic serving as an inflection point, with rapid growth seen in the ...
- Unacademy acquires test preparation startup CoursavyThis is Unacademy’s fourth acquisition this year, after Kreatryx, PrepLadder and more recently CodeChef.
- SoftBank leads $150 million funding in Unacademy, valuation jumps to $1.5 billionThis is SoftBank's first investment in an Indian firm since December, when it had backed eyewear retailer Lenskart. The technology investor...
- Unacademy takes majority stake in Mastree for $5 millionThe startup, founded by Shrey Goyal and Royal Jain, is building an online subscription service for STEAM courses for students in grades 5-8.
- Unacademy eyeing unicorn club as it talks for $100-150 million fundingThe financing bid comes less than four months after the firm closed a $110 million round led by social media giant Facebook and blue-chip p...
- Unacademy eyes USD 300 mn recurring revenues in coming years"We are looking to USD 250-300 million ARR (Annual Recurring Revenue) and for that we need capital, we need teachers and so on," Gaurav Mun...
- Unacademy raises $50 mn from Steadview Capital, Sequoia India and othersUnacademy, which recently launched its Plus Subscription, said over 50,000 learners have subscribed to the programme.
- Edtech firms see money in live streaming classesExperts say increased adoption of live video learning is a direct impact of falling mobile data costs.
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