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Mint Explainer | Why upGrad's Unacademy deal is more about balance sheet than classrooms

New Delhi, Nov. 7 -- Temasek-backed upGrad is looking to acquire Unacademy in what may be one of the biggest consolidation moves in India's edtech sector. Moneycontrol was the first to report on the ... Read More


With a war chest in place, PhysicsWallah seeks 'comfort capital' via IPO

Mumbai, Nov. 6 -- PhysicsWallah Ltd's founders have kept their initial public offering (IPO) valuation goal modest, only slightly above the edtech's previous fundraise, to leave enough value on the ta... Read More


Kotak PE arm plans $2 bn fund amid rising private credit demand

New Delhi, Oct. 2 -- Kotak Alternate Assets Managers Ltd is looking to raise a $2 billion fund-Kotak Strategic Solutions Fund (KSSF) III-to provide loans or structured credit to Indian companies. The... Read More


Gautam Thakar steps down as CEO of Prosus' global edtech practice

Mumbai, Sept. 11 -- Gautam Thakar has stepped down as the chief executive of Prosus' global edtech practice, which oversees more than $4 billion in investments, after two years in the role, according ... Read More


Unacademy won't bankroll Airlearn; Gaurav Munjal chases fresh funds as ambitions grow

New Delhi, Sept. 6 -- Unacademy founder Gaurav Munjal's vision to hive off his in-house passion project Airlearn has taken a turn, with investors pushing an alternate model to build what could become ... Read More