edtech: Page 2
Raising Superstars Secures $2 Million In Pre-Series A Funding
The company plans to use the funds to broaden its management team, increase its global presence by localising content, and invest in its technology
Byju's Announces Plans For Aakash Education IPO In Mid-2024
According to an official statement released by the company, Byju's board has officially approved the IPO and it is expected to announce the appointment of merchant bankers for the IPO shortly
Bollywood Actor Suniel Shetty Invests In Klassroom Edutech
Suniel Shetty's direct engagement is projected to boost the startup's social initiatives aimed at bridging the education gap for underprivileged students in India
Byju's Creditors Call Off Talks To Restructure $1.2 Billion Loan: Report
Lenders can now sell the term loan B (TLB) securities of the firm as the restraint that came as part of the negotiations is lifted, as per the report
Byju's Faces Lawsuit In US; Edtech Major Clarifies Payments Made Fully Compliant With Credit Agreement
The lawsuit has been filed as Glas Trust Company vs Riju Ravindran, 2023-0488, Delaware Chancery Court (Wilmington)
EduFund Raises $3.5 Million In Pre-Series A Funding
The fund raised will be utilized to accelerate the growth, create new solutions and invest in technology
BrightCHAMPS Acquires Metamorphosis Edu To Facilitate NEP Compliance For Schools
The partnerships will entail the setting up of BrightCHAMPS Next-Gen Labs within schools and training its teachers in curriculum by industry experts and vetted by an independent, self-regulatory board called the BrightCHAMPS Global Curriculum Advisory Board
Unacademy To Lay Off 12% Workforce, Says CEO
As per reports, this is the fourth round of layoffs, as the unicorn in November fired 350 employees or 10% of its employees
Want to Become an EdTech Leader? Never Stop Improving Your Product
Creating successful EdTech products requires meeting the market's demands, improving customer satisfaction, and staying up-to-date with relevant skills. Learn why it's impossible to reach it without changing your product regularly.
Why Investors Are Bullish on EdTech in 2023
EdTech enables educators to reach more students than ever before with the ability to deliver content beyond the limitations of a language barrier or timezone.
TiE Delhi-NCR And FIITJEE Announce Launch Of FIITJEE Edtech Grant Challenge
FIITJEE with this initiative is looking to offer equity free grants of INR 25 Lakh each to 3 most promising bootstrapped, disruptive startups in edtech
Established Banks And Marquee Investors Back LEAD With INR 160 Crore
The new round of fundraising will help finance the company's organic and inorganic growth ambitions
Varthana Raises $7 Million From MicroVest
The funds will lend greater heft to Varthana's aim of supporting and transforming affordable education in rural India and providing loans to affordable private schools
CollegeDekho Raises $9 Million Led by Winter Capital Partners
The company's revenues reached nearly 100 crore in FY 21-22 and is on track to double it in the coming financial year while also turning EBITDA positive
Amazon To Shut Down Its Online Learning Platform In India
The reports stated that, the winding down comes at a time when multiple edtech firms are reeling under the pressure of schools and coaching centres reopening across India after Covid-19-induced lockdowns