Byju’s Posts Losses of Rs 4,500 Crore in FY21
On Wednesday, Byju’s reported it had earned Rs 2,428 crore in revenues in the financial year 2020-21 and incurred a loss of Rs 4,500 crore....
Tag : edtech StartUp
Binny Bansal-Backed Brightchamps Buys Singapore Startup Schola for $15 Million
Backed by Flipkart co-founder Binny Bansal, Edtech startup Brightchamps has acquired Singapore-based communication and English learning platform Schola in a $15 million cash and stock...
PhysicsWallah Raises $100 Million From Westbridge, GSV Ventures
Self-reliant edtech startup PhysicsWallah has raised $100 million at a unicorn valuation from WestBridge Capital and GSV Ventures as part of its Series A funding...
Edtech Startup Udayy Shuts Down, Fires All Staff
Edtech startup Udayy laid off 100-120 employees and closed their slowed business as schools are back in offline mode. Saumya Yadav, the co-founder of Udayy,...
Unacademy to Invest in School Chain Orchid
Unacademy is in talks to buy a stake in the Orchids International chain of schools, two people aware of the matter said. If the deal...
Nalanda Learning Systems Raises Rs 40 Crore From Aavishkaar Capital
Edtech startup Nalanda Learning Systems raised Rs 40 crore from Aavishkaar Capital to expand operations in the country. The startup owns the ‘Little Laureates’ brand,...
Hero Group Starts Edtech Startup, Hero Vired
Hero Group has launched a new edtech startup, Hero Vired, aimed at tapping students who have completed schooling. “India faces a unique employability paradox where...
Byju’s Buys Offline Test Prep Firm Aakash
Byju’s, India’s dominant edtech startup, is acquiring offline test prep leader Aakash Educational Services to accelerate offline growth, it said in a statement on Monday....
Unacademy Raises Fresh Funds, Valuing at $2 Billion
Bangalore-based Edtech startup Unacademy on Wednesday said that it has raised funds from Global investment firm Tiger Global Management and Dragoneer Investment Group at a valuation of $2 billion. The funding...
Byju’s Becomes The Fourth Most Valuable Start-up In India
Think and Learn Pvt. Ltd’s owned Byju’s has raised $540 million at a valuation of $3.6 billion, turning the founder of the online education start-up...