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EdTech revival? PhysicsWallah raises $210 million, catapulting the firm’s valuation to $2.8 billion

PhysicsWallah secures $210 million in funding, boosting its valuation to $2.8 billion amid challeng…

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Woman-led edtech unicorn Guild lays off 172 employees

Woman founder-led edtech unicorn Guild has announced to lay off 172 employees, or 12 per cent of it…

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PhysicsWallah - India’s first profitable edtech unicorn is here

Edtech company PhysicsWallah, which is also known as PW, is the latest Indian startup to enter the …

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Lead School joins Byju’s, Upgrad as the sixth edtech unicorn of India ⁠— and the second startup to hit a billion dollar valuation this year

Mumbai-based Lead School is the second startup to make it to the unicorn club this year, after rais…

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8 mins read

Almost one in five of India’s future unicorns drop off the race as funding winter bites

The ASK Private Wealth Hurun India Future Unicorn Index 2023 shows a decline in India's startup eco…

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Classplus is now among the highest valued edtech startups outside of the unicorn club

Classplus — a company that helps educators and content creators launch online classes — is now valu…

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18 mins read

51 start-ups from India likely to become unicorns in three years

In the next three years, as many as 51 high-growth start-ups that boast valuations estimated betwee…

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Exclusive: After Byju’s and Unacademy, Vedantu is looking to start offline centres

Online education platform Vedantu — which was India’s fourth billion dollar edtech firm — is now l…

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5 mins read

From Byju’s to Eruditus — India now has four edtech unicorns, thanks to a $4 billion fund flowing in since 2020

Education technology or edtech was one of the least funded sectors in India until 2019, but the ris…

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Physics Wallah rolls out 50 offline centres, brands them Vidyapeeth Centers

Indian edtech firm Physics Wallah has invested INR82 crore ($10m) to develop 50 offline "Vidyapeeth…

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Eruditus is India’s fourth edtech unicorn, valued at $3.2 billion

Mumbai-based Eruditus has raised $650 million in a funding round led by investment firms Accel and …

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7 mins read

IIT Kharagpur, IIT Delhi have bred the most number of future unicorn founders

India has become a significant global hub for the startup ecosystem and its higher educational inst…

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About 27K employees lost jobs at Indian startups to date, over 8K this year

Chennai-based edtech startup Skill-Lync laid off employees as it consolidates operations across Che…

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3 mins read

More unicorns focused on profitability now than just burning cash as funding winter sets in

More unicorns are turning a profit, with Molbio Diagnostics topping the charts with a profit of $46…

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10 mins read

New Indian unicorns get rarer in 2022 as funding winter sets in

While 46 companies turned unicorns last year, according to Tracxn’s Geo Annual Report: India Tech 2…

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2 mins read

BYJU's likely to shut down beleaguered coding platform WhiteHat Jr

Edtech major BYJU's is planning to wind up the coding platform WhiteHat Jr, which it acquired for $…

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9 mins read

Anupam Mittal to Snapdeal founders: Meet the smartest Indian angels cracking the unicorn code

Anand Chandrasekaran, Kunal Shah, Kunal Bahl, Rohit Bansal, and Anupam Mittal have been identified …

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BYJU's to miss March 2023 deadline for group level profitability, results delayed again

Edtech firm BYJU's will not be able to meet its March 2023 deadline to achieve group-level profitab…

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The many troubles at BYJU’s that goes beyond the recent layoffs

The many troubles at BYJU’s that goes beyond the recent layoffs

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Over 25% unicorns in India founded by serial entrepreneurs: Report

More than 25 per cent of Unicorns (with valuation $1 billion and above) in India are founded by rep…