In a spectacular start to its public market journey, India’s homegrown edtech sensation PhysicsWallah (PW) made waves on the stock exchanges on Tuesday, listing at Rs 145 per share on the NSE, a whopping 33% premium over its IPO issue price of Rs 109. On the BSE, shares opened slightly lower at Rs 143, but the debut clearly signaled that investors are betting big on the growth story of the…
In a major leadership move, Unacademy has appointed Sumit Jain, co-founder and CEO of its subsidiary Graphy, as the new chief executive officer of its flagship Test Preparation business. The announcement comes as the edtech unicorn looks to strengthen its core revenue-driving segment while expanding its digital learning footprint.
Sumit Jain, who previously co-founded the real estate platform…
Rakesh Ranjan, former CEO of Zomato’s core food delivery business, has been appointed as the new CEO of Allen Online, the digital arm of India’s leading test preparation institute, Allen Career Institute. The announcement comes shortly after Abha Maheshwari, a former Meta executive who had been leading Allen Online since 2023, stepped down from the role.
Ranjan officially exited Zomato earlier…
In a major move to expand its global footprint, BrightCHAMPS, a leading edtech platform, has announced the acquisition of Edjust, an Indian-based K12 education marketplace. The deal, which includes both cash and stock, marks BrightCHAMPS’ fourth acquisition since its launch in 2020. But why is this acquisition such a big deal, and what does it mean for the future of online education?
What is…
In a bold move, PhysicsWallah, one of India’s leading edtech platforms, has officially become a public company. The company’s board recently approved the transition from PhysicsWallah Private Limited to PhysicsWallah Limited, signaling the start of its preparations for a much-anticipated Initial Public Offering (IPO) set for 2025.
This change marks a new chapter in the growth of the edtech…
Unacademy CEO Clarifies: “We’re Not Selling or Merging!”
Unacademy’s CEO, Gaurav Munjal, has responded to recent rumors about a potential acquisition by Allen Institute. In a series of posts on X (formerly Twitter), he firmly denied the claims, stating that Unacademy is not considering any sale or merger. The statement came just days after reports suggested that the two edtech giants were…
In our fast-paced digital world, technology touches every part of our lives. From businesses to everyday activities, it’s the backbone of modern society. As a result, there’s a growing interest in technology research topics, making it essential for students and curious minds alike to dive in.
In this article, we’ll explore ten captivating technology research topics that will ignite your…
Adda247, the Google-backed edtech startup, has announced its latest acquisition of PrepInsta, a platform dedicated to placement preparation. This move marks Adda247’s fourth acquisition in recent years, as it aims to position itself as a comprehensive provider of job-focused education and skilling programs for both public and private sector opportunities.
A Growing Edtech Ecosystem
With this…
