edtech

US-based ecommerce giant Amazon will shut down its edtech business Amazon Academy in a phased manner starting August 2023. Amazon started its edtech business during the Covid-19 pandemic, offering courses in math and science targeted at…

The government on Monday asked edtech companies to eliminate unfair trade practices while extending support to the industry in formalising guidelines to curb misleading advertisements in the segment. In a statement, IAMAI said that the…

Edtech Simplilearn has raised $45 million in a fresh round of funding led by global edtech-focussed venture capital firm GSV Ventures, the company said in a statement on Wednesday. Clal Insurance, DisruptAD, and ADQ’s venture platform also…

Aristotle's avatar presents a slideshow about Greece. Prof Jim customers will be able to request avatars for whomever they’d like, be it a long dead celebrity or a specific classroom teacher.Courtesy of Prof Jim Would students be more…

As a wave of fresh job cuts sweeps across the edtech sector, laid-off professionals and worried employees at troubled firms are reaching out for placements. Recruitment firms as well as startups that are hiring are seeing a big influx of…

Edtech startup Unacademy is cutting as many as 350 jobs amid a push to reduce costs and turn in a profit, in yet another round of layoffs. According to an internal memo to employees from Gaurav Munjal, cofounder and CEO of Unacademy group,…

As Covid-led demand for online education tapers off, edtech companies need to re-evaluate their models and look at their value proposition amid intensifying competition, a survey report by global strategy firm LEK Consulting and advisory…

Edtech unicorn Byju’s has initiated discussions to raise $250-300 million from private equity group TPG to capitalise the business further, said people aware of discussions. This follows the company recentlygetting $250 million from…

Sequoia India is reportedly planning to invest more than $50 million in K12 Techno Services, an edtech startup that provides a variety of services to educational institutions and also manages its own chain of schools. According to a…

India is expected to surpass its home market, the United States, and even Europe in terms of learners over the next 18-20 months, edtech firm Coursera’s chief executive Jeff Maggioncalda told ET. The company, which has 17 million learners…