The edtech industry, once a beacon of opportunity, is facing a challenging time as Byju's, India's largest edtech company, grapples with layoffs and financial troubles. In the past six months alone, the edtech company has let go of nearly...

The rise of EdTech startups in India is primarily driven by the increasing demand for online education and upskilling opportunities. However, amidst this educational transformation, the edtech sector has also witnessed a concerning rise in fraudulent activities. One such...

Creditors engaged in negotiations with Byju's, India's most valuable startup, have abruptly ended discussions related to restructuring a $1.2 billion loan, adding to the mounting challenges faced by the beleaguered edtech startup. Citing some unknown sources, Bloomberg reports the talks...

Technology is being used by educational institutions worldwide to provide learners with improved educational resources. Educational technology allows students to access information from various sources. This reduces their reliance on one tutor or instructor for learning a subject. With...

The exploded adoption of smartphone, tablets and fast-internet, followed by the pandemic resulted in the sudden rise in the number of edtech startups in India. The sector's unprecedented growth can be understood from the fact that over Rs. 3,500...

Whilst the entire world spent the better half of 2020 locked indoors and practising social distancing, online education startups skyrocketed globally! Let’s dig deeper into it. According to a report from CB Insights which is a market intelligence platform, startups...

The global tech industry continues to grapple with workforce reductions, extending the challenges faced in 2023 into 2024. Prominent players such as Amazon, Apple, Dell, Byju’s, Expedia, and Cisco have executed significant layoffs across departments. Data from Layoffs.fyi reveals...

In the last 18 months, OpenAI has been at the forefront of innovation by introducing three of the most advanced AI technology tools to the world. These tools are not only the first of their kind in history but...

Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...

Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...