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Indian edtech platform BYJU’S reportedly paid $234 million to private equity (PE) firm Blackstone as part of its $950 million acquisition of offline test prep giant Aakash...
In what appears to be yet another setback for BYJU’s, the edtech giant has reportedly missed yet another deadline to pay more than INR 1,500 crore...
Edtech platform Bhanzu raised $15 million in Serie led by global investment firm Eight Roads Ventures where B Capital also participated. Bhanzu claims to have a...
Following months of headlines about layoffs, cost-cutting, poaching, reorganisations, and other controversies, edtech behemoth Unacademy attempted to turn a new leaf with the launch of Unacademy...
Edtech major BYJU’S has finally received an ‘unqualified’ financial report for the year ended March 31, 2021, after a delay of more than 17 months and...
Edtech startup BrightCHAMPS acquired Singapore-based live-learning platform for kids, Schola, in a $15 Mn cash and stock deal. The acquisition was the edtech unicorn’s second, following...
Edtech giant Unacademy suspended the contracts of its NEET and JEE doubt-solving educators for six months as a part of its cost cutting strategy. Unacademy terminated...
Edtech startup upGrad acquired test-preparation startup Exampur in an undisclosed deal. UpGrad said in its fifth acquisition this year that it sees test prep as a...
The ongoing battle between offline education centres and edtech companies is set to heat up as some of India’s top coaching institutes and hybrid education centres prepare to file a complaint with the Prime Minister’s Office (PMO) against edtech startups. The coaching institutes are preparing a letter to Prime Minister Narendra Modi and other ministries. According to sources, the letter will call for “significant changes...
The Board for Control of Cricket in India (BCCI) claimed that there was a ‘deliberate leak’ after the apex council meeting following media reports that edtech...
