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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.
India’s top two edtech companies aim to be $100 billion businesses. Their quest for size has sparked an acquisition spree that’s seen them come dangerously close to treading on each other’s toes. Where’s this race headed?
Byju Raveendran is a busy man. When not raising capital, which he seems to have done with alarming regularity over the last 15 months, he is busy meeting potential investors. Or entrepreneurs whose startups could be his next acquisition target. Many of these meetings end up in the business news section of mainstream media. A lot more fail to leave the gossip corridors of Bengaluru and become part of startup folklore. Then there are some meetings few know of and even fewer talk about.
A series of such meetings were held around this time last year, just before the COVID-19 …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
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.
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
