Nexus Venture Closes $700 Million Funding for India, US-Based Startups
Nexus Venture Partners, which has supported unicorns like Unacademy, Postman, and Delhivery, has closed $700 million in a new fund – Nexus Ventures VII –...
Tag : Unacademy
Lissun Raises $1 Million Financing in Pre-Seed Round from IvyCap Ventures
Lissun, a mental and emotional health startup, announced closing its $1 million pre-seed financing. “This model has delivered impressive growth across all aspects of the...
Byju’s Becomes World’s Most Expensive Edtech Company After FY21 Revenue Drop
Think & Learn Pvt Ltd, the world’s most highly valued edtech company, which operates the education platform Byju’s, is also the most expensive edtech company...
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
Sequoia Raises $2.85 Billion for India, Southeast Asia Startups
Sequoia India and Sequoia Southeast Asia raised $2.85 billion through a series of funds, including the India Venture and Growth Fund and the $850 million...
Edtech Startup Udayy Shuts Down, Fires All Staff
Edtech startup Udayy laid off 100-120 employees and closed their slowed business as schools are back in offline mode. Saumya Yadav, the co-founder of Udayy,...
Unacademy Announces Acquisition of Swiflearn
Unacademy has purchased Swiflearn for an undisclosed amount. With this acquisition, Unacademy is thinking to build its position in the K-12 sector and enhancing its...
Meesho Announces ESOP Buyback of $5.5 Mn
Meesho has declared an Employee Stock Ownership Plan (ESOP) liquidity program worth $5.5 million for all eligible employees. Last year, the firm completed its second...
Unacademy Hires Deepinder Goyal as Board Member
Unacademy has hired existing angel investors and Zomato’s founder, Deepinder Goyal, on its board. Goyal had funded Unacademy in its last round of funding which...
FrontRow Raises $14 Mn in Series A Round
On Wednesday, FrontRow said it had raised $14 million as part of its Series A round, led by Eight Roads Ventures and GSV. The round...