EdTech
- Business
No SFIO probe on edtech giant BYJU’s, say sources
New Delhi: There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU’S, according to sources in the Ministry of Corporate Affairs (MCA). The Registrar of Companies (ROC) Bengaluru…
- Technology
Edtech firm Chegg to cut 4% of staff as AI risks business
San Francisco: US-based online learning platform Chegg has revealed its plans to cut about 4 per cent of its workforce, just weeks after its CEO admitted that OpenAI’s ChatGPT was crushing its…
- Middle East
UAE participates in education technology exhibition in London
Dubai: The UAE took part in the education technology exhibition and conference – the British Educational Training and Technology Show – (Bett) held in London from March 29th to 31st. The UAE…
- Hyderabad
Moodle opens its Indian subsidiary in Hyderabad
Hyderabad: Moodle, global open-source e-learning management system, launched its Indian subsidiary in Begumpet on Monday. The move comes after its acquisition of the city based eAbyas Info Solutions in December, 2022. Also…
- Business
Edtech platform LEAD acquires Pearson’s K-12 local learning biz in India
New Delhi: Edtech company LEAD on Friday announced it has entered into an agreement with leading learning company Pearson to acquire its local K-12 learning business in India for an undisclosed sum.…
- India
Byju’s wants to terminate jersey sponsorship deal with BCCI, kit sponsor MPL also wants to exit
New Delhi: Two of Indian cricket team’s main sponsors, edtech major Byju’s and MPL sports, want to exit from their sponsorship agreements with the BCCI. In June, Byju’s had extended its jersey…
- Business
upGrad to hire over 1,400 people by March 2023
Mumbai: Edtech major upGrad on Wednesday announced that it plans to hire over 1,400 team members by March 2023 to continue its growth and expansion plans to impact learners in India and…
- Technology
Homegrown edtech platform Adda247 raises $35 mn, Google new investor
New Delhi: Government test prep platform Adda247 on Wednesday said it has raised $35 million in a round led by WestBridge Capital. The round also saw Google as a new investor. The…
- Education and Career
Unacademy opens 50 new education channels on YouTube
Bengaluru: Leading edtech platform Unacademy on Monday launched 50 new education channels on Google-owned YouTube. Some of these new channels have existing content categories from Unacademy, along with new areas such as…
- Technology
Edtech startup Sunstone raises Rs 280 cr led by WestBridge Capital
New Delhi: As edtech startups and unicorns lay off employees amid the funding winter, Gurugram-based higher education platform Sunstone on Friday said it has raised $35 million (around Rs 280 crore) in…
- Business
AWS, Intel empower govtech and edtech startups in India
Hyderabad: Amazon Web Services (AWS) and chip-maker Intel recently hosted the ‘CXO Mixer’ event here to empower govtech and edtech startups, enabling them in their cloud journey to scale, transform and excel.…
- Technology
Centre pulls up edtech firms for mis-selling courses to parents, IEC responds
New Delhi: After the Centre took serious note of mis-selling of courses to parents by edtech firms including BYJU’s and its group companies, self-regulatory organisation India Edtech Consortium (IEC) on Saturday said…
- Technology
BYJU’S says received funds from 11 out of 13 VCs in Rs 3,600 cr round
New Delhi: Edtech platform BYJU’s on Monday said that the company has received funds from 11 out of 13 investors in a Rs 3,600 crore funding round which started in June last…
- Technology
Balance in $800 mn round ‘expected soon’, Aakash payments closed: BYJU’S
New Delhi: After reports surfaced that BYJU’S is yet to receive funds from US-based Sumeru Ventures, the edtech giant said on Monday that most of the funds have been received while the…
- Technology
BYJU’s says Aakash acquisition process on track, to be completed by Aug
New Delhi: Edtech giant BYJU’s on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. BYJU’s acquired Delhi-based…
