Edtech major upGrad has initiated early preparations for a $350-400 million IPO in 2027. The Temasek-backed firm is also exploring acquisitions of Byju's assets and a potential Unacademy deal. Read the full story.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Edtech major upGrad plans to expand its offline learning centers from 11 to 40 this fiscal year, targeting South India first. The focus is on high-value AI, data science courses priced ₹80,000-₹1.2 lakh for better student outcomes.
Exclusive: upGrad is negotiating a massive acquisition of rival Unacademy, potentially reshaping India's online education landscape in one of 2024's biggest edtech deals.
Indian payments leader Pine Labs is advancing its IPO preparations with Temasek, Peak XV, and PayPal as key investors. Discover the company's valuation journey and market strategy.
Indian edtech major UpGrad reports strong EBITDA profitability in FY25's first quarter, driven by AI-powered learning solutions and strategic international growth across 50+ countries.