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UpGrad sets up not-for-profit foundation, commits Rs 50 crore corpus fund : Rashtra News #upGrad #sets #notforprofit #foundation #commits #crore #corpus #fund New Delhi: Upskilling and higher learning edtech upGrad on Monday announced the launch of its philanthropic and not-for-profit division called upGrad Foundation. With a corpus of Rs 50 crore, the foundation intends to

Experts highlight poor digital infrastructure, unfavourable policies for tech as major challenges

Hiring platform Relevel raises $20 million from parent Unacademy Bengaluru: Relevel, an online hiring platform, has raised $20 million from parent company Unacademy for scaling up its team and to improve the variety of job offerings. "The fundraise comes within four months of the launch of Relevel, on the back of strong traction witnessed in

WeSkill raises over $400,000 in pre-seed funding round WeSkill, an online platform that enables live and interactive extracurricular learning for children, has raised more than USD 400K from angel investors and syndicates, as part of its pre-seed round of funding. The round was led by Shrishti Sahu from Swadharma Source Ventures (“SSV”) and was supported

Tech-savvy teachers pick edtech startups over return to school Bengaluru: Students might enthusiastically be heading back to school for in-person classes but at least some of their teachers are choosing to continue with virtual classes, ditching the chalk and blackboard for edtech startups. A combination of the desire to continue working remotely, the training in

Byjus floated a rights issue in January to raise $200 million at an enterprise valuation in the range of $220-250 million which is a 99 percent reduction in its peak valuation of $22 billion

The EGM scheduled for March 29 will include a vote on increasing Byjus authorised share capital which will give effect to the rights issue floated by the company to raise funds to tide over its massive liquidity crisis

The tribunal has directed the parties to file written submissions of their contentions in three day and has also issued notice to Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC).

The tribunal has directed the parties to file written submissions of their contentions in three day and has also issued notice to Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC).

On Friday, a group of investors unanimously voted to oust Raveendran as the CEO of Byjus and revamp the board, which includes wife and cofounder Divya Gokulnath and brother Riju Ravindran.