Lead School raises $100 Mn in Series E, joins the unicorn club

On Thursday India’s rapidly growing unicorn club added another member after edtech startup Lead School announced that it has raised $100 Mn in Series E round. WestBridge Capital and GSV Ventures spearheaded the round. This is their largest edtech investment, according to the statement issued by the VC firms. Lead School is the 6th…

ByGirish ShettiJanuary 13, 20220Comments

funding

Competitive Exam app Dhurina raises $1.2 Mn led by RCVF & LetsVenture

E-learning platform Dhurina, which is dedicated in helping students to prepare for competitive exams, has concluded its second round of funding. The company has raised total $1.2 Mn led by RCVF and other investors including LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. In the previous round, it raised $ 135000 funding…

ByGirish ShettiDecember 23, 20210Comments

Funding News

UpGrad secures Unicorn Tag with $185 Mn fund raise

Ronnie Screwvala promoted edtech firm upGrad has successfully graduated to the unicorn category with a new fundraise of $185 Mn. Existing investor Temasek and two new investors International Finance Cooperation and IIF participated in the new round. The latest round, by the way, has propelled the Mumbai based startup to the coveted unicorn category. The…

ByGirish ShettiAugust 9, 20210Comments

Funding News

Vernacular Vocational Platform LearnVern raises $1Mn from Investors

Ahmedabad-based edtech startup LearnVern announced on Monday that it has raised $1Mn from undisclosed investors. Apparently, the funding seems to be a seed funding round. LearnVern said that it will use the funds to upscale its technology for developing seamless mobile & web platforms and create new courses in different languages. Founded in 2020, LearnVern is…

ByGirish ShettiApril 12, 20210Comments

Funding News

Byju’s raises INR 50 Cr in fresh capital infusion by new & existing investors

Byju’s unabated funding spree continues as existing investor General Atlantic and new investor Sand Capital leads fresh 50 Cr fund infusion in the edutech major. BlackRock and Alkeon Capital are other two new investors that will come on company’s board following the fresh fund infusion. Sources privy to the matter claims that this fresh capital infusion…

ByGirish ShettiSeptember 23, 20200Comments

Funding News

Airtel acquires 10% stake in Mumbai based Lattu Kids

Latest updated information: It has been confirmed that Airtel has acquired 10% stake in Lattu kids India’s telecom giant Airtel has acquired strategic stake in Edtech startup Lattu Kids. The financial details of the deal has not been disclosed and therefore it is not known how much stake has Bharati Airtel acquired in the company. Likewise,…

ByGirish ShettiJune 17, 20200Comments

funding

Ola’s Co-founder Ankit Bhatia invests in Edtech startup Winuall

Bengaluru headquartered edtech startup Winuall has raised undisclosed amount of funds from Ola’s co-founder Ankit Bhatia and Nitin Gupta – Head of Eng, Milkbasket. Clutch of angel investors also participated in the funding round but their names were not disclosed. The startup said that it will use the capital infusion for ramping up the business and…

ByGirish ShettiMay 18, 20200Comments

News

Unacademy Expands its ESOP Pool for second time this year

Image Source: Blog.unacademy.com While national lockdown has virtually eroded the businesses of all the startups, edtech startups are proving to be an exception during these tough times. They are witnessing a huge surge in their online traction as lockdown has literally shut down all educational institutes and has propelled students towards online education platforms. Facebook backed Unacademy…

ByGirish ShettiMay 12, 20200Comments

News

Edtech Platform Unacademy’s Database Hacked

Popular online learning platform Unacademy has been hit by a massive data breach that has exposed the database of its nearly 22 million users, according to American cybersecurity firm Cyble Inc. The security firm further claims that hackers have put the database of these millions of users on sale on the Dark web for almost…

ByGirish ShettiMay 7, 20200Comments

Funding News

Edtech startup InterviewBit Raises $20M from Sequoia and Tiger Global

Edtech startup and skill enhancement platform InterviewBit has raised $20M in a series A round. The round was spearheaded by Sequoia India and Tiger Global. Global Founder Capital among other investors also participated in the round. InterviewBit claims that till date this is the largest series A financing round in the edtech sector. InterviewBit had very…

ByGirish ShettiJanuary 28, 20200Comments

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