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Vedantu acquires majority stake in Deeksha for $40 million in offline push
TechCrunch via Yahoo News UK· 2 years agoIndian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the...
Omidyar Network pulls out of India
TechCrunch via Yahoo News UK· 7 months agoOmidyar Network, backed by eBay founder Pierre Omidyar, is shutting down its India operations, two sources familiar with the matter told TechCrunch, in a...
Where is India in the generative AI race?
TechCrunch via Yahoo News UK· 1 year agoIndia's technology ecosystem is facing an uphill battle to catch up to global leaders in the generative AI race. No homegrown Indian contenders have...
Dispatch from Bangalore, end of 2022 edition
TechCrunch via Yahoo News UK· 2 years agoIn 2014, Prayank Swaroop made a pitch to the storied venture firm Accel, where he worked as an associate, about future marketplaces in India. At the...
Indian edtech startup Unacademy to lay off 12% of staff - document
Reuters via Yahoo Finance UK· 1 year agoIndian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, according to an internal mail from the company's chief executive ...
Amazon to shut down online learning academy in India
Reuters via Yahoo Finance UK· 2 years agoAmazon.com Inc said on Thursday it would shut down its online learning platform for high-school students in India less than two years of its launch, without citing a reason. The Amazon Academy ...
Indian edtech sector still attractive for investors, GSV Ventures says
Reuters via Yahoo Finance UK· 1 year agoIndia is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, sounding an upbeat tone for a sector still reeling from massive ...