Unacademy suffers a loss of Rs 285 crore in FY24
Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.
Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.
The educational landscape is undergoing a paradigm shift with the increasing integration of cutting-edge technologies, redefining conventional teaching and learning methods.
India's manufacturing industry's intent to hire fresh graduates has jumped to 48 per cent in the first half (January-June) of 2024, an increase of seven per cent from 41 per cent in July-December 2023, a new report showed on Wednesday.
Securing funds for strategic growth, the startup plans to expand its hybrid programmes into diverse cities, establishing over four regional sales centres.
The trouble keeps mounting for the Edtech platform Byju as a consortium of key shareholders, holding over 30 per cent…
Live online learning platform Vedantu on Thursday announced it has bought a majority stake in test preparation platform Deeksha (Ace Creative Learning Pvt Ltd) for $40 million. Since 1998, Deeksha has created over 65,000 success stories through its 39 centers across three states.
Only two startups in India, Shiprocket and OneCard, attained unicorn status (valuation $1 billion and above) in the July-September period. Globally, the third quarter (Q3) produced 20 unicorns and 45 per cent of them were from the software-as-a-service (SaaS) segment. No new decacorns were added in this quarter.
IT major HCL on Thursday said it has acquired a majority stake in vernacular edtech platform GUVI -- one of the few companies in India to partner with Elon Musk's 'OpenAI' initiative -- for an undisclosed sum.
Edtech major BYJU's has finally paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the $1 billion acquisition of Aakash Educational Services.
As a result, less than 3% of graduates actually manage to land jobs in their respective fields, only to get trained by the companies for the next 3-4 months
