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Vedantu follows Unacademy’s footsteps — fires over 600 people in May

Vedantu — an edtech company that competes with Byju’s and Unacademy — has laid off 424 employees, t…

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Unacademy lays off 600 employees from sales, business and other functions

Edtech firm Unacademy has reportedly laid off 1,000 employees over the last few weeks in order to c…

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8 mins read

11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs

Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…

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4 mins read

The edtech bubble is bursting as schools, colleges reopen and funds dry up

The last two years have proved to be the golden age for the Indian edtech industry. But every good …

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Unacademy CEO Gaurav Munjal asks employees to prepare for a funding winter that could last 24 months

The slowdown in funding could last at least for another 12-24 months, the founder and CEO of edtech…

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Unacademy beefs up its medical entrance programme with a $50 million acquisition of PrepLadder

Online learning platform Unacademy today announced its latest acquisition of PrepLadder, a four-yea…

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BYJU's cuts 600 jobs across Toppr, WhiteHat Jr

In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU's has…

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3 mins read

May is the first month of 2022 when startups raised less than $2 billion

In the middle of a heatwave in May is when the funding winter kicked off this year. May is the firs…

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4 mins read

Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits

The anticipation of a rough funding winter may make Indian startups more conscious about their spen…

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Google-backed Cuemath valued at $407 million as experts expect edtech slump

As experts expect the edtech industry to take a downward trajectory in the near future, Google-back…

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As startup layoffs continue, Mobile Premier League and FrontRow fire 245 people

Gaming unicorn Mobile Premier League (MPL) and edtech startup FrontRow have laid off over 245 emplo…

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World's highest valued edtech startup Byju's to divert focus on global businesses as Indian market is shrinking

Edtech leader BYJU's is in for a big change with its Founder and CEO Byju Raveendran set to focus h…

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1 min read

Over 32K tech workers fired in US, more than 11K in India this year

More than 32,000 tech workers have been laid off in the US till July this year, including at Big Te…

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4 mins read

It would be a long firing season for startups — experts say 60,000 could lose their jobs

Indian startups have already laid off around 6,000 employees in the last five months. But this star…

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853 tech firms lay off over 137,492 workers globally, more job cuts coming

As more and more companies across the spectrum sack employees amid the global meltdown, at least 85…

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Edtech startup 'Udayy' lays off all 100 employees as schools, and colleges physically reopen

Udayy's co-founder Saumya Yadav said that the startup was witnessing the post-pandemic world for th…

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Healthtech platform MFine lays off more than 500 employees amid financial crunch

mFine, which raised $48 million (over Rs 356 crore) in Series C funding, has let go half of its tot…

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2 mins read

Venus Pipes & Tubes IPO: Here’s how you can check the allotment status

Venus Pipes & Tubes, which is a Gujarat-based company that manufactures pipes and tubes, is lik…

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Amid the layoff season, these five startups are on a hiring spree

Over 11,000 people have lost their jobs so far this year and it could increase further to 60,000. E…