Edtech
Schoolnet Acquires Genius Teacher App to Expand Edtech Reach
Schoolnet has made a significant move and acquires Genius Teacher, a learning app co-founded by Advitiya Sharma. This strategic buyout marks a new chapter for both companies. Schoolnet, based in Noida, aims to leverage Genius Teacher’s market presence to expand its reach across India. The Acquisition Impact With this acquisition, Schoolnet plans to reach over […]
CollegeDekho Secured $9M Funding to Boost Education Services
Recently CollegeDekho successfully secured $9m funding in a recent funding round. This significant investment sourced from the company’s existing investors through a special purpose vehicle. This funding demonstrating investors continued confidence in CollegeDekho’s vision and growth potential. Existing Investors Show Continued Support While the specific names of the investors were not disclosed, sources have identified […]
Unacademy Lays Off 250 Employees in Profitability Drive: Report
Unacademy has recently made headlines with lays off 250 employees, so that profitability can be boost. The popular ed-tech company has let go of 250 employees in an effort to move towards profitability. This decision marks another phase in their ongoing efforts to streamline operations and reduce costs. Restructuring for Profitability Unacademy’s latest move comes […]
Byju Raveendran Fails due to Ignoring Feedback: Unacademy CEO
Recently the CEO of Unacademy Gaurav Munjal reveals that Byju Raveendran fails due to ignoring feedback. Byju Raveendran, the founder of BYJU’S, once hailed as a visionary in the edtech industry, has recently faced significant criticism. According to Unacademy CEO Gaurav Munjal, Raveendran’s downfall can be attributed to his failure to listen to others. Munjal’s […]
OPPO Claims Debt from BYJU Worth INR 13 Cr: Legal Battle
Recently, OPPO claims debt from BYJU worth INR 13 Cr and informed the NCLT that BYJU’S owes INR 13 crore. This revelation has raised significant concerns within the tech and education sectors, highlighting potential financial discrepancies and contractual obligations between major industry players. The Agreement: Preinstallation of BYJU’S Apps According to OPPO, an agreement was […]
BYJU Settles Dispute with Teleperformance: Legal Resolution
Recently BYJU has settles dispute with Teleperformance which is a French digital services company The National Company Law Tribunal (NCLT) was informed of this development on June 26, 2024. In this article I will going to discuss the dispute and implication for both the companies. Background of the Dispute The core issue revolves around an […]