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.
Amid massive job cuts, Byju's raises $250 mn from existing investors
Ed-tech major Byju's says it has adopted a "three-pronged" approach to achieve its plan of group-level profitability by March 2023.
Discourse has shifted from TAM to profitability: upGrad
Firms will have to expand their footprint in non-metros, which present a huge opportunity, and will need to devise affordable product pricing, says Mayank Kumar, co-founder & MD at upGrad
India sees over 15,400% growth in startups in 6 yrs
Startups spread across 56 diversified sectors; 4,500 recognised in emerging tech such as IoT, robotics, AI, analytics