EdTech: News

30 Mar 2023

Unacademy

Unacademy's never-ending struggles: Multiple rounds of layoffs to no appraisals 

Layoffs have become common in the edtech sector, as companies are still figuring out their way in a world where people are not confined to their homes.

24 Mar 2023

BYJU'S

Why is BYJU'S raising $250 million at a lower valuation

BYJU'S, the world's most valuable edtech company, is in the advanced stages of raising $250 million. Earlier when the company raised the same amount, it was valued at $22 billion.

07 Mar 2023

BYJU'S

Edtech meltdown: How BYJU'S, upGrad, others are struggling in 2023

Edtech major upGrad has fired 30% of the workforce at its subsidiary 'Campus.' This marks the second time an upGrad-owned company has laid off employees this year.

23 Feb 2023

BYJU'S

BYJU'S mulls closing down WhiteHat Jr, its loss-making coding platform

When edtech giant BYJU'S acquired the coding platform WhiteHat Jr, it was touted as a great decision. How has time changed?

02 Feb 2023

BYJU'S

BYJU'S fires over 1,000 employees after promising no more layoffs

BYJU'S, the world's most valuable edtech company, has been struggling due to slow revenue growth and scarcity of funding. The company has now decided to slash over 1,000 jobs as part of a new cost-cutting initiative.

26 Dec 2022

BYJU'S

Year in review: BYJU'S highs and lows in 2022

2022 has been a year to forget for tech companies. The pandemic-driven boom was followed by a post-pandemic reality check.

14 Dec 2022

Education

Global edtech market will grow despite economic slowdown, says report

The year 2022 has been a mixed one for the global edtech industry.

09 Dec 2022

OTT releases

Amazon MiniTV unveils the trailer of OTT series 'Physics Wallah'

Ahead of its release on December 15, Amazon MiniTV unveiled the trailer of its upcoming web series Physics Wallah, based on the life and journey of Alakh Pandey.

04 Nov 2022

BYJU'S

Ex-employees claim BYJU's forced them to sign pre-drafted resignation letters

BYJU'S employees who were laid off before the company's recently announced job cuts have made some serious allegations against the company.

17 Sep 2022

BYJU'S

BYJU'S: Is India's most valuable unicorn in serious trouble?

BYJU'S, the world's most valuable edtech company, has opened a can of worms with the release of its FY21 financials after an 18-month delay.

06 Jul 2022

PhonePe

Indian start-ups that are hiring despite layoff season

Winter has arrived early for India's start-ups. Lack of funding has forced the country's start-ups to layoff over 11,000 people so far.

30 Jun 2022

Vedantu

Edtech layoffs continue: Byju's, WhiteHat Jr, Toppr fire 2,500 employees

India's edtech industry hit another low as Byju's, the world's most-valued edtech company, slashed over 2,500 jobs across its group companies.

07 Jun 2022

Unicorn

Physics Wallah raises $100 million; becomes India's 101st unicorn

Noida-based ed-tech start-up Physics Wallah has joined the coveted unicorn club in India.

20 May 2022

Vedantu

Why are edtech firms like Unacademy and Vedantu firing employees?

As India's edtech bubble continues to burst, firms that enjoyed unparalleled success in the last couple of years are now on the path of sustenance.

12 Oct 2021

Startups

#NewsBytesExclusive: How Amit Bansal's WizKlub is accelerating skill-based learning

When seven out of every 10 children would do jobs that don't exist yet, what should children learn today to succeed tomorrow?

05 Mar 2021

Startups

How is Ashutosh Kumar improving Indian ed-tech space with Testbook.com

Ashutosh Kumar is the CEO and co-founder of Testbook.com, a Mumbai-based Education Technology (ed-tech) start-up. The platform claims it has seven million monthly active users and attracts around 900,000 new users each month.

16 Feb 2021

Startups

Byju's might acquire Edtech start-up Toppr for $150 million

Indian Edtech giant Byju's is closer to acquiring rival Toppr in a deal pegged at approximately $150 million. Both Byju's and Toppr cater to the burgeoning K-12 (Kindergarten to Class 12) education space.