Page 30 - Info Edge News Today

Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byjus has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”. 

Google-backed edtech platform Adda247 has laid off around 250-300 employees across verticals, media report said on Saturday.According to Entrackr, citing sources, about 100 to 150 employees were laid off from StudyIQ, a UPSC-focused edtech ...

About 150 employees were laid off in major verticals, including sales and content. It is the first layoff in a few years at the company.

New Delhi, Oct 14 (IANS) Google-backed edtech platform Adda247 has laid off around 250-300 employees across verticals, media report said on Saturday.

A total of 4,840 shares changed hands on the counter till 02:05PM (IST).

Indian staffing firm Info Edge, through its subsidiary Redstart Labs, agreed to invest USD 400,000 in Ray IOT Solutions Inc., a US-based firm that develops a non-contact breathing and sleep tracker for babies.

A total of 1,475 shares changed hands on the counter till 11:21AM (IST)

Q2FY24 results expected to be quiet for internet companies, with sequential increase in majority of companies. Profitability still the focus in internet sector, stocks expected to react to leading indicators for Q3FY24.

The survey shows MSMEs will benefit greatly by embracing digital technologies, particularly in e-commerce.

A total of 1,741 shares changed hands on the counter till 01:30PM (IST).