BusinessNews

Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore

Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore for its representatives under the startups ESOP linked reward pay-out plot, according to an internal organization email. The organization will accomplish more comparable rounds later on while expanding the extent of inclusion to a greater amount of its workers, according to the email sent by Vedantus CEO Vamsi…
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BusinessNews

Vedantu raised $100 million in a Series E round

Edtech startup Vedantu is the latest to graduate to the desired unicorn club after the company raised $100 million in a Series E round drove by Singapore based ABC World Asia and participated by Coatue, Tiger Global, GGV Capital, Westbridge and others. This is the principal capital raise for the company in 2021 and in the past 15 months. A year ago, the Bengaluru-based startup had raised $100…
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BusinessNewsStartup

Edtech startup Lido Learning is raising around $5.5 million

Edtech startup Lido Learning is raising around $5.5 million from UpGrad’s administrator and fellow benefactor Ronnie Screwvala and ZNL development Fund. This will be the second speculation for Screwvala in the Mumbai-based startup after first putting resources into November 2019. Lido Learning has passed a unique goal to support the designation of 14,1493 Series Seed 2 inclination shares at an…
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BusinessNews

Vedantu is securing stake in Ahmedabad-based e-learning stage Pedagogy

Edtech soonicorn Vedantu is set to get a larger part stake in Ahmedabad-based e-learning stage Pedagogy for an undisclosed sum. The arrangement will strengthen the previous’ presence in the hyper-serious test prep segment at present overwhelmed by Unacademy. Teaching method operates on a subscription model and offers online courses and intuitive computerized books for students getting ready for…
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BusinessNews

BYJU’S brings $460M up in Series F round

Edtech unicorn BYJU’S has raised Rs 3,328.23 crore ($460 million around) as a component of its progressing Series F financing round drove by MC Global Edtech Investment Holdings at a valuation north of $13 billion. Different financial backers who partook in this round incorporate B Capital, Baron Global Advantage Fund, XN Exponent Holding, Arison Holdings, TCDS (India), and TIGA (India)…
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