Amid edtech layoffs, upGrad to hire 1,400 employees
The development comes days after upGrad reported that its losses have widened threefold to ₹626.6 crore in the financial year ended March 2022, as against ₹211.1 crore in the same period last year.
edtech unicorn
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BYJU’s revokes decision to shut Thiruvananthapuram office as state govt intervenes
The development comes a week after Byju’s employees met labour minister of Kerala V Sivankutty, urging him to intervene over the alleged mass termination of as many as 140 employees at Technopark.
Byju’s takes ₹300 crore from subsidiary Aakash Institute
The Bengaluru-headquartered edtech unicorn had acquired Aakash Institute in April last year for a cash and stock deal worth ₹1,983 crore.
Karti Chidambaram seeks SFIO probe into Byju’s finances
Karti Chidambaram raises concerns over three instances related to Byju’s, including two funding rounds and a delay in furnishing financial statements for FY21
‘Optimising teams’: Byju’s on Toppr, WhiteHat Jr layoffs
Byju's says it has integrated Toppr and absorbed 80% of workforce; it’s now optimising teams to recalibrate business priorities
