Thursday, March 30, 2023
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Edtech

The development came a few months after Relevel, an Unacademy-owned brand, fired nearly 40 employees as a cost-cutting measure

The funds will be used to support the company's growth across multiple verticals of formal education and expand its ESOP pool

The teachers claimed that they left Physics Wallah because its atmosphere was no longer conducive to learning or teaching

The company had last raised $250 million from existing investors and Qatar Investment Authority

The report revealed that Paid Competitive Gaming, a relatively new form of gaming, is set to become one of the fastest-growing gaming segments, with a CAGR of 31.9 per cent from 2021 to 2024, compared to the overall mobile gaming industry's 4.9 per cent

The term loan B is reportedly due in 2026 and the interest rate change does not imply a default at BYJU’S end

Vahani alumnae can access Emeritus’ education programmes offered in partnership with universities across technology, data analytics and digital marketing fields

The Byju Raveendran-led company acquired the three-decade-old education centre Aakash Educational Service in 2021 by spending $950 million

Wait is also a board member at Fender, Tractive, Crehana, Busuu, Evolv and Proponent

The edtech has tied up with Indore’s Member of Parliament, Shankar Lalwani, to help marginalised kids become proficient in tech, money and communications skills