Vibhuti Sharma
Stories by Vibhuti Sharma
Amid edtech layoffs in India, Vedantu and PhysicsWallah make acquisitions
Vedantu has acquired education chain Deeksha for $40 million.
Second round of layoffs at Indian edtech FrontRow, founder says rethinking strategy from scratch
Last September, the firm raised $14m in a Series A round led by Eight Roads Ventures.
Exit route may open up for investors as over 45 firms line up IPO plans in India
PE and VC-backed firms plan to raise about $9.4b through the IPO route
India: Mobile app buyout firm KalaGato lines up $100m for deals
It is planning to buy over 70 mobile applications by 2025
Google joins Indian govt test prep startup Adda247’s $35m funding round
Google contributed about $5m and existing investor WestBridge Capital also joined the round
BYJU’s fires 2,500 employees across departments, analyst suggests more to follow
BYJU's said it will also be "retargeting its marketing budget" towards more efficient growth.
India Digest: Tiger Global backs Vecmocon; FitBudd bags $3.4m from Accel, Sequoia
Vecmocon's $5.2m funding also saw participation from Blume Ventures.
Venture debt investor BlackSoil raises $30m to lend to mid- and growth-stage startups
"The funding winter has opened up opportunities for alternative credit"
Warburg to buy majority stake in India’s non-banking finance firm Vistaar
The acquisition will give an exit to WestBridge Capital, Elevar Equity, Omidyar, and Saama Capital.
When investors don’t speak up, founders are left high and dry: upGrad’s Ronnie Screwvala
He said the edtech unicorn is likely to go for an IPO in 2-3.5 years