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B2B edtech start-up Uolo raises $22.5-mn Series A funding amid industry's growing pains
Mumbai-based Uolo offers affordable parent-teacher communication software and an ERP management solution to private schools
United Arab Emirates Anton Farlenkov Pallav Pandey Amazon Academy Blume Ventures Morphosis Venture Capital
Source: businesstoday.in
Indian edtech firm Vedantu fires 385 employees in another round of layoffs
The sources said the company plans to go public by FY25-26.
National Eligibility Tiger Global Backed Indian Entrance Test Central Board Secondary Education Indian Certificate
Source: dealstreetasia.com
Edtech unicorn Vedantu sacks employees, implements pay cuts for leadership
The Bengaluru-based company is in the process of sacking about 385 employees while the leadership team including founders will take a 50 per cent pay cut, people aware of the development told Business Today.
Source: businesstoday.in
Edtech Startup Vedantu Fires Another 385 Employees; Over 1,100 Laid Off In 2022 So Far
This is the fourth round of layoffs by Vedantu in 2022. The edtech major currently has about 18 months of cash runway, sources said.
Source: inc42.com
Exclusive: ShareChat Parent Shuts Down Gaming Platform Jeet11, Lays Off 100 Employees
Mohalla Tech Private Limited, the parent company of ShareChat has pulled the plug on its fantasy gaming platform Jeet11, sources have told Inc42
India General Nusa Tenggara Barat Mohalla Tech Private Ltd Tech Private Ltd Mohalla Tech Sequoia Capital Backed
Source: inc42.com
Exclusive: Edtech Startup Teachmint Lays Off 45 Employees
Bengaluru-based edtech startup Teachmint laid off 45 employees, or around 5% of its workforce, last week, sources told Inc42.
Source: inc42.com
Simplilearn acquires US-based Fullstack Academy amid edtech industry's growing struggles
As per Simplilearn’s website, online bootcamps are accelerated, intensive study programs that enable students to learn the in-demand tech skills sought by recruiters.
United States San Francisco Krishna Kumar Fullstack Academy Louisiana State University Web Development
Source: businesstoday.in
As education heads back to classrooms, edtech companies show employees the door
Flush with funds in the pandemic, online education is facing a test of survival. With edtech firms downsizing by the hour, is the future of remote learning at stake? - Issue Date: Dec 11, 2022
Source: businesstoday.in
Amazon To Shut Down Its Online Learning Vertical In India
Going with the downward trend in the edtech segment, now Amazon India is also shutting down its online learning vertical
Source: inc42.com