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This is S Chand’s second exit this year. The Delhi-based company exited from edtech start-up Testbook in July this year with approximately 7.8x returns.
Amid the cooling down of the edtech craze and the looming challenges of global headwinds, very few businesses are equipped to usher in the new era of learning, which requires innovation and operational efficiencies laced with financial viability.
The country’s top mutual funds were seen lapping up select beaten down and underperforming stocks in March coupled with buying select financial stocks. Here’s what they bought and sold.
Edtech start-up Testbook will soon tap private equity players for another round of capital raising, sources told Business Line.The company has so far raised nearly $20 million in the past couple of ye