The bankruptcy court has dismissed a petition filed against BSE-listed MT Educare by its former chief financial officer for allegedly failing to clear his dues. The ruling is expected to set a precedent for similar...
Edtech firm Infinity Learn acquires Wizklub for USD 10 million
Education group Sri Chaitanya-backed edtech firm Infinity Learn announced the acquisition of Wizklub for USD 10 million (about Rs 77 crore) as part of its foray into the cognitive learning segment. The Wizklub team of...
Edtech Start-up Speedlabs Raises ₹14.31 Cr From Mumbai Angels, Others
AI-based EdTech platform SpeEdLabs has raised ₹14.31 crore from Mumbai Angels, LetsVenture, Ecosystem Ventures and SucSeed Ventures in pre-series funding round. The capital will be used to expand its presence and...
Byju’s in talks to acquire listed US edtech firm Chegg valued at $2 billion
Edtech unicorn Byju’s has held talks to acquire California-based online tutoring company Chegg, people in the know of the talks said. In an exclusive interview with ETtech, Byju Raveendran, the company’s...
Byju’s in talks with lenders for $1 billion to fund acquisition plans
Byju’s, India’s most valuable startup, is in talks with lenders to raise more than $1 billion in acquisition financing as the online education provider looks to expand its business rapidly, people familiar with the...
Byju’s Acquires Singapore Education Firm Northwest
Byju’s has agreed to buy Singapore-based online higher education platform Northwest Education Pte in a cash-and-stock deal, said two people aware of the transaction, as India’s largest online tutoring firm continues to...
YES Bank approaches NCLT to admit Zee Learn under the insolvency resolution process
Private sector lender Yes Bank has approached the dedicated bankruptcy court against BSE listed Essel Group company Zee Learn Ltd under the Corporate Insolvency Resolution Process (CIRP) for the default of about Rs 468...
Veranda Learning hits 5% upper circuit on TIME acquisition
Shares of Veranda Learning Solutions, a recent debutant of Dalal Street, hit the upper circuit on Tuesday after the company acquired education institute TIME. The Chennai-based Veranda said it has signed an agreement to...
CollegeDekho buys coding platform PrepBytes
CollegeDekho, a student enrollment platform, has acquired coding platform PrepBytes in a cash and equity deal. The acquisition is expected to boost the online platform CollegeDekho Learn, which helps students understand...
Byju’s-owned upskilling platform Great Learning buys recruitment firm Superset
Byju’s-owned upskilling platform Great Learning on Tuesday said it has acquired Superset, a recruitment platform backed by Blume Ventures. The company did not disclose the value of the transaction. Superset will...
Byju’s aims for SPAC merger agreement within a month
India’s most valuable startup, the online education provider Byju’s, is in negotiations with at least three special-purpose acquisition companies and is aiming to unveil plans to go public via a merger with one of them...
Pearson buys certification group Credly in deal valued at $200m
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation...
