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Tiger Global invests in India’s Unacademy at $2 billion valuation

Tiger Global invests in India’s Unacademy at billion valuation Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. The […]

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SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund

SAIF Partners rebrands as Elevation Capital, secures 0 million for its new India fund SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest internet market. The new fund is SAIF […]

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High-profile startup execs back Indian influencers platform CreatorOS

High-profile startup execs back Indian influencers platform CreatorOS The advent of low-cost Android smartphones and the world’s cheapest mobile data has paved the way for millions of social media influencers in India to amass a following of tens of millions of users in recent years. These influencers, also known as creators, share […]

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Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus

Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus Despite the coronavirus outbreak, which has slowed down deal-making across the world, dozens of startups in India have raised considerable amounts in recent months. Unacademy, which raised $110 million in February, closed a new round of $150 million […]

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Facebook addresses political controversy in India, monetization opportunities, startup investments

Facebook addresses political controversy in India, monetization opportunities, startup investments At the beginning of the previous decade, Facebook had a tiny presence in India. It had just started to slowly expand its team in the country and was inking deals with telecom operators to make access to its service free to users […]

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India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

India’s online learning platform Unacademy raises 0 million at .45 billion valuation India has a new unicorn startup. On Wednesday, Bangalore-based online learning startup announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $1.45 billion (post-money). SoftBank Group — through its Vision Fund 2 […]

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Toppr raises $46 million to scale its online learning platform in India

Toppr raises million to scale its online learning platform in India Toppr, one of the largest online learning startups in India, has secured $46 million in a new financing round as it looks to scale its platform including a new product. Dubai-headquartered investment firm Foundation Holdings led the Mumbai-based seven-year-old startup’s Series […]

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Indian online tutoring platform Vedantu raises $100 million

Indian online tutoring platform Vedantu raises 0 million Investors are becoming more bullish on online education platforms in India as startups demonstrate growth at the height of a global pandemic that has severely impacted other industries. Bangalore-based startup Vedantu said on Thursday it has raised $100 million in its Series D financing […]

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Facebook-backed Unacademy acquires PrepLadder for $50 million

Facebook-backed Unacademy acquires PrepLadder for million Indian online learning platform Unacademy said on Tuesday it has acquired Chandigarh-based startup PrepLadder for $50 million as the Facebook-backed edtech giant scouts for deals to expand its presence in the country. PrepLadder, which employs about 150 people, offers courses aimed at medical students. The two-year-old […]

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Indian edtech giant Byju’s in talks to acquire Doubtnut for more than $125M

Indian edtech giant Byju’s in talks to acquire Doubtnut for more than 5M Byju’s is in advanced stages of talks to acquire Doubtnut, a two-year-old education learning app, as the Indian edtech giant looks to expand its reach in smaller cities and towns in the world’s second largest internet market. Three sources […]

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