From Talent Wars To Mass Layoffs, Shutdowns: Edtech Startups Fire 7,000 Employees In 2022
According to an Inc42 analysis, Indian edtech startups have laid off more than 6,898 employees in 2022 so far.
Source: inc42.com
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As BYJU'S Downsizes, Edtech's K-12 Party Turns Into Wasteland
BYJU'S downsizing and consolidation of its K-12 edtech business underscores a severe decline in the once high-flying edtech segment
Source: inc42.com
Veranda Learning Acquires JK Shah Classes For INR 337.82 Cr
NSE-listed edtech giant Veranda Learning Solutions’ has acquired coaching institute JK Shah Classes in a cash, debt and equity mix deal.
Source: inc42.com
Will Indian VC's $16 Bn Dry Powder Fuel A Startup Funding Revival In 2023?
Investors are estimated to be sitting on dry powder worth $16 Bn to revive funding winter in the Indian startup ecosystem.
Source: inc42.com
Amid edtech layoffs in India, Vedantu and PhysicsWallah make acquisitions
Vedantu has acquired education chain Deeksha for $40 million.
Source: dealstreetasia.com