Sacked teacher of Unacademy says his remark misinterpreted, alleges firm acted under social media pressure

Sacked teacher of Unacademy says his remark misinterpreted, alleges firm acted under social media pressure

Unacademy sacked teacher Karan Sangwan on August 19 alleging that the firm terminated his service under pressure from trollers on social media who misinterpreted his generic remark to vote for educated candidates. In a video on his YouTube channel, Mr. Sangwan said he made the generic remark on his YouTube channel and not during his … Read more

Byju’s gets $122m from tech billionaire Yuri Milner’s fund DST Global

Byju’s gets 2m from tech billionaire Yuri Milner’s fund DST Global

Bengaluru: Homegrown education technology unicorn Byju’s has raised $122 million from tech billionaire Yuri Milner’s investment fund DST Global as part of its ongoing funding round, a month after storied Silicon Valley investor Mary Meeker’s Bond Capital chipped in $23 million at a $10.5 billion valuation. Byju’s has allotted 42,666 Series F preference shares to … Read more

Unacademy in talks to raise $150 million, led by SoftBank

Unacademy in talks to raise 0 million, led by SoftBank

BENGALURU: Unacademy is finalising a deal to raise around $150 million led by SoftBank, sources in the know told ET, boosting the ed-tech startup’s pre-money valuation to $1.3 billion, second only to industry leader Byju’s. Unacademy last picked up $110 million from Facebook and PE firm General Atlantic in February, at a valuation of $510 … Read more