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UPGRAD UDACITY DEAL
Upgrad MD Mayank Kumar steps down as firm eyes $50-60 million raiseEdtech unicorn Upgrad will see its cofounder and managing director Mayank Kumar depart, while founder and chairman Ronnie Screwvala will ta...- RBI diktat on commercial card payments; Google eyes WhatsApp Business territoryIndia’s central bank has asked Visa and Mastercard to stop card-based commercial payments made by corporations. This and more in today’s ET...
- Edtech Upgrad aims for IPO in two yearsCofounder and managing director Mayank Kumar said the company will go for an IPO once it reaches milestones such as achieving $750 million ...
- Edtech sector needs change with frugality: Ronnie ScrewvalaMany entrepreneurs prioritise raising funds as their first step, when it should actually be fifth on their list of priorities, the executiv...
- The rise & rise of new-age stock brokers; and other top tech, startup stories this weekA crop of tech-first stockbrokers is not only leading from the front in adding new customers, they’re also generating strong revenues and p...
- Upgrad-Udacity deal; Angel One snags Kotak Cherry top deckHappy Monday! Ronnie Screwvala-led Upgrad is closing in on US edtech firm Udacity, with a fresh fundraise likely to seal the deal. Details ...
- Upgrad in talks for $100 million to close US edtech Udacity buyUpgrad founder Ronnie Screwvala, who owns 22.4% in Upgrad, likely to participate in $100 million round. The company has pitched to external...
- The unbooming of crypto boom and other top tech & startup stories this weekBy calling out the widespread adoption of private crypto currencies as a risk to monetary stability, the RBI has indicated to the market th...
- Exclusive: Upgrad in talks to buy majority stake in US edtech firm UdacityThe American edtech has been in talks with multiple suitors. If this deal goes through, it would be at a significant discount to its peak v...
- TCS jobs scam: IT firm fires six employees and staffing firms; Upgrad, Udacity in deal talksN Chandrasekaran, Tata Sons chairperson, informed shareholders during the TCS Annual General Meeting (AGM) that the company has sacked six ...
- US fund cuts edtech Eruditus’ valuation by 9% to $2.9 billionThe markdown has translated to a valuation of about $2.9 billion as of March 31, 2023, a drop from $3.2 billion in August 2021, a price at ...
- Should you delay retirement? 4 reasons you may have to delay, 5 benefits, how to plan your retirementFind out the benefits of extending your work life and ways to prepare for the transition after retiring.
- ETtech Exclusive: Eruditus raises $650 million as valuation jumps four-fold to $3.2 billionCPPIB to also join new round which will facilitate partial exit for Bertelsmann, founder & management selling $100 million in shares
- IT firms find new ways to reskill senior and mid-level managersIT companies have started a new process to make sure that mid- and senior-level managers are not left behind in the digital race.
- Gaining traction with students & investors, edtech startups tell how at Leap EdTechIn the last couple of years, edtech startups have more than validated the need of their solutions in the market bringing the sector to the ...
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