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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
New funds could be critical, given the firm’s working capital woes owing to schools reopening and a global funding winter.
Edtech major Byju’s, which has been firefighting on several fronts for a year now, finally seems to have caught a break. India’s most valuable unicorn is in advanced talks to raise $250-300 million in a new round of funding, according to an edtech executive in the know.
“Talks are in advanced stages and the fundraising might close in about two weeks,” says this person, requesting anonymity. “This should solve the immediate working capital crunch.”
At this point, it is unclear whether the Bengaluru-based firm is raising the new round from existing or new investors. Accounting firm KPMG has performed due …
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
