Advertisements Online-education provider Byju’s has offered to buy 2U in a cash deal that values the US-listed edtech company at over $1 billion, a person familiar with the matter said.Byju’s made the offer of about $15 a share to 2U’s… Read More ›
EdTech
BYJU’s Cuts 600 Jobs Across Toppr, WhiteHat Jr
Advertisements In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU’s has cut at least 600 jobs — asking 300 employees at its Toppr learning platform and another 300 at coding platform WhiteHat Jrto go…. Read More ›
Edtech Platform MasterClass Cuts 20% Percent Of Its Workforce
Advertisements As edtech platforms continue to lay off employees in India, US-based celebrity-driven learning provider MasterClass has announced it is reducing its workforce by 20 per cent. MasterClass CEO David Rogier said the decision was taken to “adapt to the… Read More ›
Edtech Unicorn PhysicsWallah Enters Into Offline Space
Advertisements PhysicsWallah forays into offline space, launches first offline hub PW Vidyapeeth in Kota, Rajasthan. PhysicsWallah’s offline centre will be enrolling Year 11 and 12 students who wish to prepare for the JEE and NEET exams. This development comes amid… Read More ›
Edtech Giant Lays Off 150 Employees From Its PG Medical Entrance Exam Preparation Platform PrepLadder
Advertisements Edtech platform Unacademy has fired more that 150 employees in the second round of layoffs at the company, after it asked around 600 workers to go in April this year as the funding winter settled in. Sources told IANS… Read More ›
Edtech Venture Toprankers Bags USD 4 Mn In Series A Funding
Advertisements Bootstrapped Edtech venture, Toprankers.com – India’s largest platform for careers beyond engineering and medical, has raised $4M in Series A funding from leading consumer fund, Sixth Sense Ventures. Within India’s ed-tech sector, the $12B online test-prep space is the… Read More ›
Ed-Tech Platform Exprto Raises INR 5 Cr In Seed Funding From GSF, Angel List US, Others
Advertisements Education technology startup Exprto has raised Rs 5 crore in a seed investment round led by GSF and Angel List USA, the company said on Friday. The latest round also saw participation from Agility Ventures, Lets Venture and Supermorpheus…. Read More ›
Edtech Startup PhysicsWallah Raises USD 100 Mn, Becomes New Unicorn
Advertisements Edtech startup PhysicsWallah has raised $100 million in Series A funding from Westbridge and GSV Ventures, becoming India’s 101st unicorn and the first edtech player to achieve this milestone, the company announced on Tuesday. Once the transaction is completed,… Read More ›
Edtech Unicorn Eruditus Cuts Workforce; Lays Off 40 Employees
Advertisements In all, there are 80 employees leaving edtech, 40 voluntarily entering their papers, said Ashwin Damera, Co founder and CEO of Eruditus. The edtech unicorn has halved its talent acquisition team to move forward with plans to reduce hiring… Read More ›
Cuemath Doubles Its Valuation, Secures USD 57 Mn Funding Led By Alpha Wave
Advertisements Cuemath, the global one-on-one online math tutoring platform, has announced a fundraise of USD 57 million in a fresh round led by Alpha Wave at a valuation of USD 407 million – a more than 2X jump in valuation…. Read More ›