Browsing Tag

edtech

42 posts

Byju’s lays off another 500, mostly in sales: Report

Byju’s, which continues to grapple with a multitude of challenges – financial…
Byju's

US judge orders edtech major Byju’s to freeze $533Mn

Byju’s is set to face heat from the US, wherein its pending…
Byju's

Byju’s Byju Raveendran addresses crisis at employee townhall, assures strong comeback

Edtech major Byju’s is not having the best of times right now,…

Byju’s tries to assure investors as it commits to file 2022 earnings by September: Report

Last week, edtech decacorn Byju’s lost both it’s auditor – Deloitte –…

Fresh round of layoffs come to Byju’s, set to impact over 1000 employees

Edtech major Byju’s continues to downsize its workforce – according to media…
Byju's

Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn

In a sign of the intensifying funding winter and challenging macroeconomic conditions,…
Byju's

Byju’s Alpha sued, faces accusations of hiding $500Mn in funds, Byju’s denies

In a dramatic turn of events, Byju’s Alpha has found itself embroiled…

YouTube doubles down on edtech with the launch of “Courses“, debuts in India, the US and South Korea

Calling itself already the largest education platform globally, Youtube is taking on…
Unacademy

Indian edtech unicorn Unacademy lays off 10% of its employees, 2nd such instance within this year

With schools, colleges, and universities resuming offline classes and welcoming students back…
Byju's

Byju’s to lay off 2500 more over next six months as it struggles to profitability

Amidst trickling of funding, falling stocks, and cooling investor interest, the purse…
Byju's

After an 18-month delay, Byju’s discloses audited financials, misses own projections

The delay in submitting its audited financial report for the financial year…

Cash-strapped edtech player Lido Learning files for bankruptcy

Months after it ceased operations and asked all of its employees to…
Byju's

Lawmaker Karti P. Chidambaram asks Indian fraud regulator to investigate edtech decacorn Byju’s finances

Karti P. Chidambaram, an Indian Lawmaker who is a Member of Parliament,…

Unacademy to shut down global test prep arm, management to take paycuts

Edtech unicorn Unacademy will be winding up the books for its global…
Byju's

Mass layoffs at $22Bn-valued Byju’s, pushes back payments for $1 Bn Aakash acquisition: Report

Byju Raveendran’s Byju’s, India’s highest valued startup and torchbearer of the Indian…

upGrad’s valuation doubles as it picks up $225Mn in latest fundraise

The pandemic was instrumental in ensuring that online education rose to prominence…

Edtech Physics Wallah raises $100 Mn in its first fundraise, turns unicorn

Physics Wallah, an edtech platform targeting high school and above with a…

Edtech Classplus gets another $70Mn to fuel expansion and acquisitions

Education today is moving ahead on a blended model, both online and…