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Edtech Unicorn Eruditus Lays off Employees to Focus On Profitability
Ed-tech platform Eruditus Group, which is valued USD 3.2 billion, is laying off a section of its employees, India and globally, as a part of its business restructuring to focus on profitability.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Edtech Start-Up Manara Raises $3 Million in New Financing
Funding round was led by FinTech company Stripe with participation from Careem founder Mudassir Sheikha and other major investors.
- Region
- Global
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Bodhi Tree Picks up Strategic Stake in Coaching Institute Allen for $600 Million in India
Bodhi Tree will leverage its founders’ shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future.
- Categories
- Education, Technology
- Region
- Asia Pacific
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School Fees Payment Startup Zenda Raises $9.4 Million
Zenda was founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company. Thiagarajan and Ahmed had previously founded edtech startup Nexsquare in Dubai.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Financepeer Bags $31 Million in Funding From QED, Aavishkaar Capital
The company had raised $3 million in 2020 from MS Fincap, Danube, Aar Em Ventures, Angelbay Holdings, JITO Angel Network, and HEM Angels.
- Region
- Asia Pacific
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Nigerian Ed-Tech Startup Klas Raises $130K Angel Funding Round
Nigerian ed-tech startup Klas, which allows anyone to set up an online school and deliver live classes, has raised a US$130,000 angel funding round to help it scale.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- EdTech, education, funding, learning, technology
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India’s Classplus Raises $70 Million to Help Teachers and Creators Expand Their Reach
A Noida-based startup that is helping teachers and creators operate, manage and sell courses to students has raised $70 million in a new financing round.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- EdTech, education, funding, global development, startups
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Byju’s CEO Byju Raveendran Pumps 50% Of $800 Million in Latest Fundraise
The company has raised fresh funds at an enterprise value of $22 billion, which has increased by about 22 percent from the last disclosed valuation of USD 18 billion.
- Categories
- Technology
- Region
- Asia Pacific
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