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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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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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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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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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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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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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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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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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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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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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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…

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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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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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5 mins read

Unicorns are passé, cockroaches are the new favourites of venture capitalists

The Indian startup ecosystem has been maturing but it is also getting the chills with the onset…

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Shiprocket is India’s most valuable gazelle, and all set to turn unicorn in 2 years, says report

According to ASK Private Wealth Hurun India Future Unicorn Index 2022 report by Hurun, logistics st…

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1 min read

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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29 mins read

Zepto, Dunzo among the next 122 unicorns from India — here's the complete Hurun list

Even as the Indian startup ecosystem is in the throes of a funding winter, a latest report by Hurun…

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4 mins read

India created 14 unicorns in the first half of 2022 — before funding slowdown hit them

The Indian startup valuations have taken a hit since April this year. Yet India has still managed t…

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Canadian edtech unicorn ApplyBoard to 'step up' growth in India, raises $300 million in external investment

Edtech platform ApplyBoard on Wednesday announced it has raised $300 million in Series D funding at…