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Banks wary about credit on UPI by fintechs; layoffs at edtech unicorn Physics Wallah - Vimarsana News

Banks wary about credit on UPI by fintechs; layoffs at edtech unicorn Physics Wallah

Indian fintechs are eyeing credit lines on UPI as their next big growth opportunity but banks want to put the brakes on the growth of unsecured credit. This and more in todays ETech Morning Dispatch.

physics wallah layoffs: Edtech startup Physics Wallah lays off 120 staffers after performance evaluation - Vimarsana News

physics wallah layoffs: Edtech startup Physics Wallah lays off 120 staffers after performance evaluation

The decision, undertaken after a mid-term appraisal analysis ended in October, is aimed at ensuring Physics Wallahs primary focus on maintaining a high-performing team, a top official told ET.

PhysicsWallah To Invest Rs 500 Cr In Kerala based Xylem - Vimarsana News

PhysicsWallah To Invest Rs 500 Cr In Kerala based Xylem

The investment aims to acquire a 50 per cent stake in Xylem, , Physicswallah, investment, Xylem Learning, edtech

Indian edtech unicorn Physics Wallah buys 50% in Xylem Learning for $61m - Vimarsana News

Indian edtech unicorn Physics Wallah buys 50% in Xylem Learning for $61m

Edtech unicorn Physics Wallah on Monday said it has acquired a 50% stake in Kerala-based edtech firm Xylem Learning for $61 million.

Flush with funds, ALLEN's eager to ramp up its digital game - Vimarsana News

Flush with funds, ALLEN's eager to ramp up its digital game

After offline coaching, ALLEN Career Institute is now looking to make an impact in the online space as it takes on edtech giants.