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Leading Platform Vedantu Lays Off Over 300 Employees

Leading Platform Vedantu Lays Off Over 300 Employees

Indian edtech company Vedantu is laying off employees and implementing salary deductions. In the fourth round, the company laid off almost 385 employees across verticals such as HR learning and content, while the leadership team, including founders, will take a 50 per cent pay cut.  Earlier, Edtech fired 200 employees last month and about 600…

Edtech Unicorn upGrad Raises $210 Million In Latest Funding 

Edtech Unicorn upGrad Raises $210 Million In Latest Funding 

Edtech unicorn, upGrad, has raised $210 million in the latest funding round that has been conducted by prominent investors and family offices, including ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, Bharti Airtel, Narotam Sekhsaria Family Office, Lakshmi Mittal’s Artisan Investments, along with existing investors Temasek, IFC and IFL.  upGrad was founded by Ronnie Screwvala…