edtech
Investing in Edtech: The Time Is Now
Byjus Founder Investigated by Indias Financial Crime Agency
The agency alleges that the edtech firm was using unlicensed software, printing fake invoices, and falsifying data to get fiscal benefits. The financial irregularities are said to have caused the…
Reach Capital Breaks Historic Records: Closes Biggest Fund to Date in EdTech
Reach Capital closed its last investment vehicle during an unprecedented boom within tech, but with the industry now seeing a slowdown in growth, it seems the firm may have been…
Unacademy Reduces Workforce by 12%: Indian Edtech Struggles Amidst COVID-19
The recent layoffs at Unacademy shows that the startup is still struggling to find its feet. With such a large number of cuts just over four months ago, it seems…
Course Hero Makes Deep Cuts, Last Valued at $3.6B
A cutting-edge tutoring company, Course Hero has announced its first round of layoffs in seventeen years. The company has reportedly slashed 15% of its staff, or forty-two people. The layoffs…
Byjus Revamps Sales Strategy to Power Indian EdTech Growth
Under the previous strategy, Byju’s would provide educators with devices and software that it had developed in-house. This practice was met with criticism from educational institutions who argued that the…
Unacademy Shifts Focus to Tests & Competes with LinkedIn for Indian EdTech Market
Unacademy announced on Tuesday that its upskilling product, Relevel, is transitioning to a tests-focused product and launching NextLevel, its LinkedIn-rival. This is the latest in Unacademy’s series of changes as…