PhysicsWallah Eyes Drishti IAS for Rs. 2,500 Crore
The edtech unicorn PhysicsWallah is in talks to acquire Vikas Divyakirti’s Drishti IAS, a major player in civil services exam preparation. The potential deal is valued at approximately Rs. 2,500 crore, making it one of the largest acquisitions in the competitive coaching industry. According to the sources, the discussions are in the advanced stage, and…
Sumit
64-Point Touch EDLA Panels Will Blow Your Mind at DIDAC!
Digital Live Services (DLS), India’s leading digital board-making company, is set to unveil its revolutionary 64-Point Interactive Panel at Asia’s biggest Edtech event, DIDAC India. DLS CEO Mr. Virender Singh announced on his linkedin that the Gadget Guru Rajiv Makhani will be unwrapping the indigenously made 64-point touch EDLA panels in the event. Digital Live…
Bhumika
Alakh Pandey Success Story: The Founder Of Physics Wallah
Physics Wallah, you must have heard this name somewhere. It is India’s well known startup founded by Alakh Pandey which later turned out to be a unicorn. Physics Wallah helps aspirants prepare for the competitive exams online. Today, Physics Wallah competes head-to-head with ed-tech giants like BYJU’s, Vedanta, and Unacademy, and is considered one of…
Vipin
Byju’s Stops PF Credit And Reduces Notice Period
Once valued at a whopping $22 billion, Byju’s has hit the ground. Previously, the founder of Byju’s had put his own house on mortgage to pay his employees’ salaries. Now, the top brass at Byju’s has reduced the mandated notice period for employees. Previously 30 to 60 days, the mandatory notice period has been reduced…
Byju’s New CEO Arjun Mohan All Set To Fire 4500 People
The newly appointed CEO of Byju’s, Arjun Mohan, who took charge of the company on 20 September, has made a decision to fire more than 4500 people as a way to restructure the business and cut costs. In a meeting, Mohan briefed the company’s senior executives that he would be merging several business verticals as…
Yash Sharma
Edtech Unicorn upGrad Raises $210 Million In Latest FundingÂ
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…
Himanshu