Massive layoffs, business restructuring: Is India’s edtech bubble bursting?

Even top firms that closed huge funding rounds are now struggling to raise a few million

published on : 31st July 2022

Edtech firm Vedantu further fires 424 employees, total number nears 624

Vedantu, after laying off 200 employees, had shared it's plan of hiring 1,000 employees this year.

published on : 19th May 2022

Vedantu lays off over 400 staff as the unicorn expects fund crunch 

Earlier, Byju’s had said that it will be launching 500 offline tuition centres by the end of this year.

published on : 19th May 2022

Vedantu to buy Screwvala-backed Lido Learning

Online tutoring platform Vedantu is likely to acquire Ronnie Screwvala-backed edtech start-up Lido Learning, which was on the verge of shutting down due to lack of funds.

published on : 27th February 2022

Get ready for mixed revenge academics

The education statutory bodies like AICTE, UGC, etc have also issued advisories with regard to questionable practices by certain universities in the name of online degree programmes.

published on : 23rd January 2022

Vedantu announces buyback of ESOPs worth USD 3 million

Under this programme, the top leadership and eligible active employees who have completed the vesting period will be able to liquidate their vested ESOP shares, according to a statement.

published on : 26th November 2021