After denying rumours of a takeover by Byju's, #Vedantu is in the midst of a fundraise and plans to announce the quantum this month.

Read at: https://www.moneycontrol.com/news/business/startup/vendantu-in-the-midst-of-fundraise-to-announce-quantum-this-month-7291991.html?utm_source=telegram&utm_medium=social

The government yesterday advised students & parents to be careful while choosing #onlineeducation through edtech companies. an advisory highlighted that "free services" are offered by some edtech firms.

Read at
https://www.moneycontrol.com/news/business/companies/government-cautions-against-predatory-edtech-tricking-parents-into-paying-for-free-services-7860911.html

#Byjus #edtech #UpGrad #Vedantu

#Vedantu is laying off 424 employees, as the company is expecting a scarcity of #funds in the coming quarters amid a slowdown in global financial markets.

Take a look at #layoffs at various #startups in the year 2022👇🏻
https://www.moneycontrol.com/news/business/startup/vedantu-to-lay-off-424-employees-blames-scarce-capital-8530371.html?utm_source=telegram&utm_medium=social

Edtech #unicorn #Vedantu has laid off another 100 #employees in a restructuring exercise, sources told Moneycontrol, marking the company’s third round of layoffs since May 2022.

Read in detail 👇
https://bit.ly/3d2RbVv

#MCTech3: Top #tech and #startup news this evening

✳️ Indian govt pulls up #WhatsApp
✳️ #Vedantu layoffs cross 1,000
✳️ VCs continue piling up billions

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