EdTech
Unacademy Skips Cash Appraisal, Speeds Up ESOP Vesting Period By A Year
Banking - Published date: .
Move to skip cash appraisals driven by firm's goal to achieve at least four quarters of profitability ahead of IPO Read more
Edtech Major Byju's Sued By An Agent Connected To Its $1.2 Billion Loan
Banking - Published date: .
The lawsuit was filed by Glas Trust Company and investor Timothy R. Pohl against Byju's Alpha, Tangible Play, Inc. and R... Read more
Edtech Startup Byju's Sued By Creditor Glas Trust Company Tied To $1.2 Bn
Banking - Published date: .
Byju's started negotiating its credit agreement after it breached investor protections on the debt by missing a deadline... Read more
Edtech Firm Cuemath Lays Off 100 Employees; Founder Returns As CEO
Banking - Published date: .
Edtech companies laying off employees to conserve cash and focus on profitability Read more
Homegrown Edtech Startup Teachmint Lays Off Over 70 Employees: Report
Banking - Published date: .
Led by edtech startups, over 25,000 employees have been laid off by nearly 100 startups in India including BYJU'S, Unaca... Read more
EdTech Startup Byju's Seeks To Reassure Workers After Office Raid
Banking - Published date: .
More than 70 investors have invested in Byju's and they have conducted thorough due diligence, he said. "We are confiden... Read more
Ed-tech Firm Simplilearn Plans Acquisitions, Expansion Amid Funding Winter
Banking - Published date: .
Blackstone-backed company plans 40% growth in FY24 to turn profitable, says senior executive Read more
Training Helps New Employees Accomplish Goals In One-fifth Of Time: Report
Banking - Published date: .
Only one in nine companies believe that the training doesn't add value to new employee productivity Read more
Edtech Giant Byju's Appoints GE And Vedanta Executive Ajay Goel As CFO
Banking - Published date: .
The edtech giant hired has hired Goel to the company's financial operations, long-term business strategies, and path to ... Read more
Edtech Major BYJU's, Aakash Deny Merger Talks With Rival Unacademy
Banking - Published date: .
Edtech major BYJU's on Friday denied reports that it is considering a merger of rival Gaurav Munjal-run Unacademy into A... Read more
UpGrad Subsidiary Campus Lays Off 30% Of Workforce Amid Funding Crunch
Banking - Published date: .
This is the second upGrad arm to have recently laid off staff. Last December, Harappa Education, which upGrad had bought... Read more
Edtech Major Byju's Lays Off Over 1,000 Employees From Engineering Teams
Banking - Published date: .
The edtech sector has laid off the most employees, with 16 edtech startups laying off more than 8,000 employees to date Read more
Edtechs' Budget Wishlist: Lower Taxes, Higher Funding, Greater Incentives
Banking - Published date: .
Struggling with drying investment, dealing with cost cutting, the sector hopes Budget eases the pain Read more
On Industry Demand, ASCI Extends 'Dark Patterns' Paper Feedback Deadline
Banking - Published date: .
According to data analysed by ASCI, 29 per cent of ads in 2021-22 were misleading Read more
Byjus To Expand Tuition Centres With An Eye On Profitability In 2023
World - Published date: .
Byju's Denies Buying Student Databases After NCPCR Chief's Allegation
Banking - Published date: .
Edtech major Byju's strongly denied reports by NCPCR that the company is allegedly buying phone numbers of children and ... Read more
Vedantu Gives Pink Slips To 385 Employees In 3rd Round Of Layoffs This Year
Banking - Published date: .
It has sacked over 1,100 employees, so far, amid funding winter Read more
Edtech Firm Vedantu Lays Off 385 Employees In 4th Job Cut Round This Year
Banking - Published date: .
Layoffs have happened across sales, HR, and content teams which, according to the company sources, is part of an aggress... Read more
Byju's Seeks Easier Terms On $1.2 Bn Loan As It Struggles With Losses
Banking - Published date: .
Byju's, valued at $22 billion, has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors Read more
Byju's To Lay Off 2,500 Staffers, Targets Profitability By March
Banking - Published date: .
The company is also realigning marketing spending to enhance its global footprint Read more