EdTech

In a letter to employees, Unacademy's co-founder and CEO Gaurav Munjal said that "we must learn to work under constraints and focus on profitability at all costs"

Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees

Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022

Citing headwinds, CEO Vamsi Krishna says capital will be scarce in upcoming quarters

The decision comes just days after Vedantu had announced that it had let go of another 200 people.

Several players such as Byju's, upGrad, and Lido to almost double headcount by end of the year

With Covid-19 changing how education is imparted, education sector received the highest-ever annual investment in this year

How pandemic has brought changes in edtech sector

The Covid-19 crisis has been a major catalyst in enhancing the learning process not just for students and educators, but for investors as well

Byju's is estimated to have raised about $2.3 billion in funding so far with valuation touching $16.5 billion.

BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising

This new policy is a significant step in prioritising employees' happiness, work-life integration, flexibility, and workplace sensitivity, a statement said.

Under this model, one teacher uses strong visuals and storytelling to explain topics in-depth, the other solves instant doubts, pays individual attention and makes sessions more engaging

The India EdTech Consortium (IEC) under the aegis of IAMAI, will ensure that every learner shall have access to quality and affordable education

Byju's-acquired WhiteHat Jr, Vedantu, Toppr are among edtech start-ups leading the charge

Byju Raveendran leveraged the lockdown and related restrictions to strengthen and expand his edtech company into the 'Deccacon' club

Toppr provides online learning materials to students in grades 5 through 12 and its backers include SAIF Partners and Helion Ventures

The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources

Deal could help acquirer deepen US footprint. Epic's platform has 40,000 popular, high-quality books from 250-plus publishers. It aims to fuel curiosity and reading confidence in kids 12 and under

With over 215 centres and a student count of more than 250,000, Aakash provides test preparatory services to students preparing for a host of competitive exams

Byju's Future School will be available in the US, UK, Australia, Brazil, Indonesia and Mexico in May and will progressively expand to more geographies in the near future