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Exam prep startup Unacademy raises $4.5 mn in Series A funding

Friday, January 13, 2017 | More »

Unacademy
Online learning platform Unacademy, run by Sorting Hat Technologies Pvt. Ltd., has raised $4.5 million (Rs 30 crore) in Series A funding led by Nexus Venture Partners and existing investor Blume Ventures, the company said in a statement on Friday. The platform allows educators to create courses usin...

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Exclusive: Norwest Ventures-backed iProf winding up operations

E-learning and test preparation company iProf Learning Solutions India Pvt. Ltd is winding down its operations, according to two people familiar with the matter. iProf’s website has not been operational for nearly a month now. “The organisation is in the process to closing down its operations,...

13 December, 2016 | More »

Online_Education

Indian ed-tech market size to touch $2.5 bn this year, says report

The market size of online supplemental education opportunity in India is expected to touch $2.5 billion in 2016 and is poised to grow at 15% over the next three years, driven by innovative ways of delivering courses and study material by players in the space, according a report by research and advis...

19 September, 2016 | More »

GFX_F

Exclusive: Powai Lake Ventures goes slow on new startup bets

Powai Lake Ventures, a network of Mumbai-based angel investors who backed startups mostly in the city, has slowed dealmaking this year as some of its bets misfired and the overall funding environment turned cautious, two people aware of the development said. The angel network had ramped up the pace ...

8 August, 2016 | More »