Edtech

Edtech Firm upGrad Created 55,000 Jobs In FY24

Interestingly, upGrad's free courses in GenAI, Data, AI/ML, and technology, witnessed over 1.4 lakh enrollments.

Apr 15, 2024, 12:41 PM IST

Byju's Starts Paying March Salary To Employees; Blames Miffed Investors' Action For Delay

The company raised USD 200 million through rights issue to meet its operational requirements, including expenses related to employees' salaries.

Apr 09, 2024, 18:29 PM IST

Govt Exams-Focused EdTech Adda247 Cuts Around 250-300 Jobs Across Verticals: Report

Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byju's has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”.

Oct 15, 2023, 08:49 AM IST

81% Of Edtech Platform Users Face Refund, Trust Issues: Survey

The query around the kind of issues that edtech users face received nearly 12,000 responses comprising issues around teaching staff changes/ effectiveness issues, refund issues, and trust issues like false promises and transparency issues.

Jun 25, 2023, 20:49 PM IST

BYJU's To File 2022 Earnings By September, Company Informs Investor Amid Resignations

Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022. Board members representing Peak XV Partners, earlier known as Sequoia Capital India, Prosus and Chan Zuckerberg Initiative also stepped down, without publicly expressing their reasons

Jun 25, 2023, 15:31 PM IST

'EdTech is less about tech, more about how it is used', says Piyush Singh Chauhan

This is the vision of Piyush Singh Chauhan, Vice Chairman of SR Group of School, an edupreneur, and an advocate of the usage of EdTech in the Indian education system.

Jan 10, 2023, 20:52 PM IST

S Chand: Incorporating NEP and eyeing greater market share

Amid the cooling down of the edtech craze and the looming challenges of global headwinds, very few businesses are equipped to usher in the new era of learning, which requires innovation and operational efficiencies laced with financial viability.

Dec 16, 2022, 19:42 PM IST

Brainly fires nearly all employees from India team as not able to maintain some of roles

Poland-based edtech platform Brainly claims to have a user base of more than 5.5 crore Indian students, parents and teachers who rely on the platform to accelerate learning through its doubt clearance classes.

Nov 07, 2022, 08:11 AM IST

Sequoia India may invest $50 mn in homegrown edtech startup

According to a TechCrunch report on Tuesday, K12 Techno Services which has raised more than $75 million in previous rounds and also engaged with TPG and Accel decided to go with existing backer Sequoia India.

Oct 26, 2022, 13:42 PM IST

Vedantu takes majority stake in test prep platform Deeksha for $40 mn

Deeksha is one of the leading K-12 test preparation players in Karnataka and according to Vedantu, this strategic partnership will further its hybrid education strategy.

Oct 13, 2022, 16:17 PM IST

Imarticus Learning: A Decade-long Success Story!

With a vision to minimise this skill gap, Imarticus Learning started its journey in 2012 under the able leadership of Nikhil Barshikar and Sonya Hooja and eventually became the best edtech company of the present times.

Aug 23, 2022, 13:47 PM IST

upGrad acquires edtech platform Harappa Education for Rs 300 crore

Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa Education.

Jul 22, 2022, 14:12 PM IST

Centre warns edtech companies against unfair trade practices

The government warned edtech companies against indulging in unfair trade practices, including misleading advertisements, and said it will be forced to bring stringent guidelines if there is no self regulation by the industry players.

Jul 01, 2022, 20:09 PM IST

Edtech startup PhysicsWallah becomes India's 101st unicorn, raises $100 million funding

PhysicsWallah said it will utilise these funds raised for business expansion, branding, opening more learning centres, and introducing more course offerings.

Jun 09, 2022, 09:16 AM IST

Tech startups fired 20k employees globally in past few months; most job losses in India, US

More than 15,000 people working in the technology sector lost their job in the month of May alone.

Jun 03, 2022, 09:37 AM IST

Sourav Ganguly joins hands with Noida-based edtech startup Classplus

Ganguly also took to social media to announce this initiative, upon completing 30 years in Indian cricket. In the 30-second clip, Ganguly is heard saying, "The first step towards achieving your dreams is having the right coach."

Jun 03, 2022, 08:45 AM IST

Shark Tank fame Ashneer Grover advises VCs to ‘right-size’ themselves before guiding startups

The VC firms are advising startups to focus on sustainable growth, reduce cash burn, cut costs and understand that an economic recovery may be 18-24 months away.

Jun 01, 2022, 09:51 AM IST