Tynker, launched in 2013, offers classes, camps on coding. The company's co-founders Krishna Vedati, Srinivas Mandyam & Kelvin Chong will remain in their roles after the acquisition.
Byju’s is aiming to file its initial IPO documents as early as the second quarter of next year. The startup and its bankers are discussing a valuation of $40 billion to $50 billion.
The acquisition marks an entry to higher education segment for Byju’s as it plans to combine its technology with Great Learning’s courses in areas such as design and cloud computing.
In the deal with Byju’s, Aakash’s founders, the Chaudhry family, will exit completely, while Blackstone will swap a portion of its 37.5% equity in Aakash for Byju’s stake.
Edtech startup WhiteHat Jr.'s advertising practices and curriculum have been questioned by its critics. It has now taken two of its most vocal critics to the court.
The frenetic deal activity signals huge investor appetite for India’s edtech startups as India's pandemic escalates, prompting parents to seek out online resources.
The breach at Unacademy has brought to fore the data privacy concerns associated with edtech platforms that are witnessing huge traffic in Covid times.
If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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