Within the first quarter of 2023, Delhi-based Physics Wallah—which became a unicorn last year—plans to hire 2,500 people in various verticals. The announcement comes as several Indian startups and technology companies are cutting off staff in an effort to cut operational costs and turn a profit. Over 60,000 people lost their jobs in January alone, … Read more
The round was led by Research Capital’s Douglas Penny, Largest investment banking firm of Toronto, Canada and also saw the participation of ex Global CEO of Bookings.com (Stoffer Anko Norden). Startup Lanes, Marwari Catalysts and IVY Growth Associates played a important role in growth of the company. Hobit, Founded during the first lockdown in 2020, … Read more
Simplilearn, the world’s #1 online boot camp for digital economy skills training, has been named to the 2023 GSV 150 by GSV Ventures. The GSV 150 list highlights the world’s most transformational growth companies in digital learning and workforce skilling. GSV Ventures, a multi-stage venture capital firm, announced the 2023 edition of the GSV 150, a … Read more
Simplilearn, the world’s #1 online bootcamp for digital economy skills named Eric Martorano, Chief Revenue Officer (CRO) for its Commercial Business. The appointment is a part of Simplilearn’s larger goal of expanding and strengthening its teams globally to continue delivering the highest-quality upskilling. Martorano brings over 25 years of experience working with customers and partners across the globe and has … Read more
Sunrise Setting, a boutique business situated in Brixham, UK, supports academic and other publishers, including non-publisher organisations, to generate more than 500 publications each year. Lumina Datamatics has signed a formal agreement to purchase a controlling position in Sunrise Setting. “The acquisition of Sunrise Setting Ltd. deepens our commitment to our current customers, and also … Read more
In a bid to build a bridge between talent and the content industry, Terribly Tiny Tales (TTT), India’s much-loved content company, has introduced its new ed-tech vertical, ‘TTT Academy.’ Through this platform, which already boasts 4000+ learner alumni, TTT seeks to offer the best content-learning courses to help aspiring content creators upskill, monetise and grow … Read more
Simplilearn, the world’s #1 online boot camp for digital skills training, announced the launch of ‘SimpliRecruit’, a new platform to help recruiters identify the best talent across technology domains. The platform will serve as a one-stop solution to help companies hire talent proficient in-demand tech skills, and is aligned with Simplilearn’s core value of equipping learners with … Read more
Extending the current offering of design as a minor, FLAME University has introduced a Bachelor of Design (B.Des) program at the undergraduate level. Rooted in liberal education and centered around experience design, the program will prepare students for a fulfilling career in designing technology-driven human experiences – digital and interactive interfaces, tangible interfaces, different forms of immersive storytelling, … Read more
PrimeOS, an android-based operating system for laptops explicitly created for students, has announced that it has given exits to its investors at a 3x valuation in its latest funding round. The Delhi-based startup has raised around $ 1 million in funding in the current round led by Kundan Group (Biggest Gold refinery in India – … Read more
With an aim to building India’s best home learning programs for early learners in the age group of 0-8 years, education technology start-up ClassMonitor has raised INR 10 Crores in a Pre Series A round from Lead Investor Frontline Strategy Funds; Khimji Family (Muscat) and participation from existing investors Sarvann & Calega Family Office. The … Read more
Beginning in August 2023, Amazon India will discontinue its online learning programme for the nation’s high school pupils. To assist students in getting ready for the JEE, the Amazon Academy portal was introduced in January of last year (Joint Entrance Examination). The enrolled students in the current academic session will receive a full refund of … Read more
NxtWave, a leading provider of job-ready training for software careers, announced that over 1000 companies hired its students in the past eighteen months. NxtWave’s unique blend of hands-on training with real-world projects has helped its students land jobs at companies ranging from fast-growing startups to MNCs like Amazon, Google, Deloitte, Bank of America, Jio and … Read more
KnowledgeHut upGrad, one of the world’s leading technology skilling providers and a part of Asia’s Higher Edtech major, upGrad, today announced the launch of its new line of online self-learning programs. The new line of programs marks an entry of the professional skilling major into the online self-paced learning category, which it has stayed away from thus far. Starting … Read more
Scaler, one of India’s fastest-growing tech upskilling startups, announced a cumulative 2500 per cent revenue growth in FY 2020 and 2021 with an Annual Revenue Rate (ARR) of $110 Million in August 2022. Owing to the capital-efficient business model adopted by the company, Scaler has achieved YoY growth of over 350 per cent and sustained … Read more
Edtech unicorn Vedantu has acquired a majority stake in Deeksha (Ace Creative Learning) at a deal size of $40 million. Deeksha, a test preparation platform for board and competitive exam coaching for kids in grades 9 through 12, was established in Karnataka in 1998. With 39 locations, it is present in three states: Telangana, Andhra … Read more
Scripting history for setting exemplary global standards in research, academic excellence and knowledge transfer, Himachal Pradesh-based Shoolini University has been ranked as Number 1 among private universities in India in the prestigious Times Higher Education (THE) World University Rankings for 2023. The university is ranked 351-400 overall and 39th in the world in THE Rankings … Read more
