edtech firm

PhysicsWallah has been fined ₹5 lakh by the CCPA for employing 'dark patterns' on its platform. The edtech firm allegedly auto-selected donations during checkout, collecting ₹2.5 crore from users without explicit consent. Concerns were also raised about inaccessible 'free courses' requiring personal data, impacting young consumers.

The ruling marks another setback for the entrepreneur, who is already facing legal challenges from overseas investors across multiple jurisdictions. In the United States, lenders are attempting to recover losses tied to a soured $1.2 billion loan.

Byju Raveendran, the founder of failed edtech firm Byju’s, has been handed a six-month jail sentence by a Singapore court in a contempt case, as per a Bloomberg report.

Byju Raveendran, once a startup icon, faces a Singapore prison sentence for contempt, highlighting the dramatic fall of his edtech giant. Once valued in billions, the company's aggressive growth model, fueled by pandemic demand, ultimately led to financial and legal troubles, shaking India's startup narrative and prompting a re-evaluation of the edtech sector's priorities.

Edtech giant Byju's founder Byju Raveendran received a six-month prison sentence in Singapore for contempt of court over asset disclosure non-compliance. This latest setback adds to the company's mounting legal woes, including fund diversion allegations and creditor claims, marking a significant downfall for the once-celebrated startup.

Bharat Shiksha Expo focused on career guidance, higher education options

Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, Deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.

Indian students are shifting their overseas education focus from traditional destinations like the US and UK to emerging European and Asian countries. Driven by industry relevance, affordability, and specialized courses, Germany, France, Japan, and South Korea are gaining popularity for their strong career pathways and technological advancements.

IGNOU will conduct a mega campus placement drive at its Maidan Garhi headquarters in New Delhi, offering over 200 vacancies across multiple sectors. Recruiters including CollegeDekho.com, SarrthiIAS, and Birds Flight India Pvt. Ltd. will hire for diverse roles. The drive is open to final semester students, graduates, and experienced candidates from various streams, with some positions available for Class 12 pass applicants. Candidates must bring essential documents to participate in the recruitment process.

Angry scenes unfolded at the Gachibowli office of private ed-tech firm Insofe, on Tuesday evening after 250 fresh recruits staged a protest, a day after the management announced that the company was shutting shop.

Cracking down on educational institutes that join hands with edtech companies to offer online or conventional programmes, the University Grants Commission and the All India Council for Technical Education have warned them of derecognition, reports Hemali Chhapia.

edtech firm Cuemath has launched its first physical math learning centre in Gurgaon to meet the growing demand for in-person math classes. The centre will cater to students from grades K–12 and plans to open more centres nationally and internationally. Cuemath has brought in trained and certified math tutors for this initiative. The company aims to enhance the student-teacher experience and improve math learning efficacy through these offline learning centres.

edtech firms Byju’s, Vedantu, Unacademy, Toppr, Testbook, UpGrad and a few other players are offering free access to their platforms, content and live classes for students and they are backing that up with strong advertising and PR drives to get as many people to sample their offerings.

Education content company Byju’s said on Monday that it has made all payments due to Aakash Educational Services, which it acquired last year for nearly $1 billion.

US entrepreneur Kal Somani, backed by the Walton and Hamp families, has secured ownership of the Rajasthan Royals franchise for $1.63 billion. This significant acquisition marks a new chapter for the IPL team.

Edtech giants Upgrad and Unacademy are set to merge in an all-stock deal, a significant consolidation for India's online education sector. Upgrad founder Ronnie Screwvala confirmed the term sheet signing, with Unacademy CEO Gaurav Munjal to continue leading the merged entity. This move signals a new chapter for both companies after a period of market recalibration.

BlackRock, the world's largest asset manager, has reduced the estimated value of edtech firm Byju's to $1 billion, marking a decline of over 95% from its previous valuation. Byju's, headquartered in Bengaluru, is facing operational difficulties and exploring the sale of group assets to address its debt.

Prosus has written off its 9.6% stake in Byju's. Over the years, Prosus has invested $500 million in Byju's, making it one of its largest edtech bets in India.

chennai at a time when the booming edtech sector is facing government scrutiny and a regulatory policy is said to be on the cards industry leaders including byjus vedantu unacademy upgrad and others have formed a new industry body to selfregulate leading edtech firms under the aegis of the internet and mobile association of india iamai on wednesday announced the formation of the internet and the joint question: http://www.