CUEMATH FOUNDER
Affiliate venture funds Unitus, Capria to operate under single brand
The unified entity, Capria Ventures, will increase its focus on generative artificial intelligence (GenAI) and plans to invest than 75% of its investments in this emerging space. As per a statement, the firm intends to double down on investments in India, with a major focus on applied GenAI companies.
Online math learning platform Cuemath lays off 100 more staff: Report
In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech.
20 CEOs at Indian startups quit this year amid regulatory concerns, funding winter
Data compiled by Fintrackr showed that in the first eight months this year, nearly 20 startup CEOs have left their position to either join a new firm or continue in the same company in a different role.
Invesco cuts Swiggy’s valuation by 33% to $5.5 billion; global tech M&A deals sputter in March quarter
US asset manager Invesco has once again slashed its portfolio firm Swiggy’s valuation. This time it’s a 33% cut to $5.5 billion from $8.2 billion.
Cuemath announces layoffs, founder Manan Khurma reassumes CEO role
The decision to lay off employees has impacted 100 out of about 800 roles, across functions, a spokesperson for the Sequoia Capital India-backed startup told ET.
Unitus Ventures logs first close of opportunity fund at Rs 80 crore
Unitus Ventures has already backed some portfolio startups such as BetterPlace, Cuemath, Awign, Masai, Eduvanz from the opportunity fund, which is expected to see final close over the next 12-18 months, managing partner Surya Mantha told ET.
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Unitus Ventures to close $100 million third fund next year; to focus on job-tech startups
The VC fund also plans to close a Rs 300 crore opportunity fund, through which it will invest in successful startups from its first two funds.
Microsavings platform Siply bags $19 million funding led by Qi Ventures
The round also saw participation from existing investors LetsVenture and Jito
Allen’s cofounder warns educators leaving for rival edtech startups, says they will be blacklisted
Allen received an investment of $600 million from Bodhi Tree, a newly formed investment platform by Lupa Systems founder and CEO James Murdoch and Uday Shankar.
Edtech players go hybrid as online growth slows
Companies including PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu and Unacademy are all in the process of either expanding or building an offline presence.
Cuemath raises $57 million in funding led by Alpha Wave
The math tutoring startup Cuemath plans to use the funding to strengthen its product outcomes and for acquisitions and partnerships.
Tech-savvy teachers pick edtech startups over return to school
Students might enthusiastically be heading back to school for in-person classes but at least some of their teachers are choosing to continue with virtual classes, ditching the chalk and blackboard for edtech startups.
ET Startup Awards 2021: Urban Company wins Covid-led Business Transformation award
That customers were confident enough to let a stranger—in this case, an Urban Company service partner—enter their homes amid a pandemic was extremely significant to the jury of ET Startup Awards 2021.
ET Startup Awards 2021: Nominees for Covid-led Business Transformation
This award will recognize a startup that transformed and adapted its business amid the Covid-19 pandemic and survived through the past year.
Byju’s to fast-track IPO; Cuemath’s new CEO
Byju’s, the edtech startup that’s also a fundraising and acquisition machine, plans to raise another $400-600 million before filing for an IPO in early 2022. Swiggy's Vivek Sunder has joined Cuemath as its new CEO.
Google-backed Cuemath bets on free math courses to add users
Cuemath is making much of its content free for a year to fend off rivals in India’s competitive edtech market and help fight inequalities in learning. Its premium curriculum will be free for subscribers who invite two new users.
Cuemath eyes new funding, $1 billion valuation
Education technology companies have seen an upswing in the takeup of their products and services over the past year as more people have switched to remote learning amid the pandemic
Cuemath COO Govind Rajan passes away
Rajan had over 20 years of experience in leading large teams across various industries.
Having a home office can make WFH productive, feels Cuemath founder
Manan Khurma added multiple screens, high-speed internet & headphones to ensure productivity.
ZestMoney expands 0 per cent EMI offering to education
The zero interest cost for higher education will potentially benefit over 5 lakh potential student.
Millennials ditching corporate jobs for teaching: Study
The study conducted by Cuemath, on over 3,000 teachers reveals that there has been an upswing in the number of millennials opting for a career as an educator, especially by the workforce in corporate jobs.
Unitus gets Rs 100 crore from Bill Gates, Dell
While the first fund was focused on healthcare and education, this fund will also have significant focus on fintech, said Srikrishna Ramamoorthy, partner, Unitus Ventures.
Inspiring working women who left high-paying jobs for entrepreneurship after motherhood
Countless women walk the tightrope between parenting and careers.
Here's how these startups are opening more career options for women
Kannan said startups had opened new avenues for women like her who were looking to strike a balance between their personal and professional lives without compromising on either.
Sequoia, SAIF may back education startup Unacademy
Sequoia, which has already invested in Byju's and math tuition platform Cuemath, along with SAIF Partners, are in discussions to back Unacademy, sources in the know said, with a deal likely to close in a few months.
Gaining traction with students & investors, edtech startups tell how at Leap EdTech
In the last couple of years, edtech startups have more than validated the need of their solutions in the market bringing the sector to the notice of big ticket investors.
Google's CapitalG invests in edu startup Cuemath
Cuemath, an after-school math tutoring programme for children in kindergarten up to grade 8, develops in-house content which is a combination of worksheets, tab-based exercises and mathematical puzzle cards offered to students through homebased centres.
Google cap in talks to back ed-startup Cuemath
Once the deal closes, it would be Google Capital's first bet in the ed-tech space, which has seen a flurry of activity as companies look to tap the opportunity that exists for them to disrupt the existing tutoring and test prep models.
Startups are using newer methods like videos and puzzles to teach mathematics
Startups like Jed-i are trying to fundamentally change the way a student approaches math. “It’s a different approach to math.
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