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us court approves sale of byjus assets at significant losses

A US bankruptcy court has approved the sale of Byju’s assets, including the coding platform Tynker for $2.2 million and the children’s learning platform Epic for $95 million, both significantly below their original acquisition costs. This follows Byju’s financial struggles and highlights the broader challenges in the edtech sector, where inflated valuations during the pandemic have led to severe value erosion and increased scrutiny of aggressive acquisition strategies. The company now faces over $1 billion in unpaid debts amid allegations of financial mismanagement.
Tech in Asia
United States Dollar TAL Education Group USA CHN IND Show more
Education & Learning, News Article
10:30 10.06.2025

fahid island unveils luxury school and residential units in abu dhabi

Fahid Island, Abu Dhabi's latest luxury mixed-use destination, will feature the new King’s College School Wimbledon campus, accommodating up to 2,200 students across 50,000 square meters. The first residential units are now available, with one-bedroom apartments starting at over Dh3 million.
Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema
ARE
Education & Learning, News Article
06:24 09.06.2025

OpenAI launches AI academy in India to enhance education and innovation

OpenAI has launched the OpenAI Academy in India, collaborating with the IndiaAI Mission to enhance AI education for diverse groups, including students and civil servants. The initiative, which aims to train 25,000 individuals through workshops and hackathons, reflects a strategic shift towards education and democratizing AI access. With courses available in multiple languages, the academy aligns with India's digital transformation goals and the growing demand for AI skills in the country.
Tech in Asia
IND USA
Education & Learning, News Article
04:40 06.06.2025

GyanDhan secures 5.8 million dollars to expand education financing in India

GyanDhan, an Indian education financing firm, has secured $5.8 million in a Series A funding round led by Classplus and Pravega Ventures. The funds will enhance operations and expand to over 50 tier 2 and tier 3 cities, aiming to double partnerships with financial institutions and facilitate INR 18,000 crore in loan originations over three years. With education loan penetration in India under 20%, GyanDhan addresses a significant market gap, leveraging technology to improve access for students across the country.
Tech in Asia
United States Dollar IND USA Ankit Mehra Jainesh Sinha
Education & Learning, News Article
02:28 04.06.2025

taawoni secures 1.6 million funding to enhance ai powered edtech solutions

Saudi ed-tech startup Taawoni has secured $1.6 million in funding, led by M Capital, to enhance its AI-driven platform that automates cooperative training programs. Founded in 2021 by Aliyah Alghubayn, Taawoni connects universities with over 800 businesses and 14 academic institutions, having already supported 34,000 individuals. This investment aims to accelerate growth and expand its reach amid the rapid digital transformation in Saudi Arabia's education sector.
Lucidity Insights
SAU Aliyah Alghubayn
Education & Learning, News Article
03:12 02.06.2025

Saudi edtech startup Taawoni secures 1.6 million dollars for growth and innovation

Saudi edtech startup Taawoni has secured USD 1.6 million in funding, led by M Capital, to enhance its platform that connects universities and employers for co-op training programs. The investment will facilitate regional expansion and deeper integration into the education and HR tech ecosystems across the MENA region. Founded in 2021, Taawoni aims to streamline internship processes and align talent development with Saudi Arabia's labor market needs through AI-powered mentorship tools.
WAYA
United States Dollar SAU Aliyah Alghubayn
Education & Learning, Press Release
09:21 01.06.2025

Imarticus Learning acquires MyCaptain to enhance non-tech career training in India

Imarticus Learning has acquired MyCaptain, an edtech platform, for approximately $6 million, marking its fourth acquisition in four years. This move aims to enhance MyCaptain's operations, focusing on skilling students in non-tech careers, particularly in tier 2 and 3 cities, where demand for diverse skill sets is growing. With over 500,000 learners and a strong presence in smaller urban centers, MyCaptain addresses the skills gap faced by graduates from these regions, positioning Imarticus to transform career preparation in underserved markets.
Tech in Asia
United States Dollar Imarticus Learning Ltd. IND
Education & Learning, News Article
12:03 31.05.2025

Scaler appoints new CFO as it navigates edtech industry transformation

Scaler has appointed Abhinav Vijayvargiya as its new CFO, succeeding Tapan Jindal. With 14 years of finance leadership experience, including roles at Swiggy and Khatabook, Vijayvargiya's expertise aligns with Scaler's focus on sustainable growth amid a shifting edtech landscape. The company has also acquired four startups to enhance its technical offerings, reflecting a strategic move to strengthen its position in the competitive market.
Tech in Asia
QAT SAU IND Abhinav Vijayvargiya Tapan Jindal Martin Reindl Show more
Education & Learning, News Article
07:00 30.05.2025

the enduring value of an mba in the startup landscape

In the startup landscape, an MBA degree remains a valuable asset, providing structured business knowledge that enhances a founder's chances of success. It equips entrepreneurs with essential skills in market assessment, financial management, and strategic development, while also offering access to mentorship and a robust network. As the lines between education and entrepreneurship blur, an MBA can serve as a powerful springboard for those transitioning into the startup ecosystem, fostering purpose-driven leadership and innovative thinking.
StartupNews.fyi
Education & Learning, Blog Post
06:42 30.05.2025

Universal Technical Institute Stock Receives Buy Rating with Price Target of 33.50

Deutsche Bank AG increased its stake in Universal Technical Institute, Inc. by 11.5% in Q4, owning 116,447 shares valued at approximately $2.99 million. Other investors, including Covestor Ltd and Meeder Asset Management, also raised their positions, with 75.67% of shares held by institutional investors. Recent insider sales included 6,000 shares by Director George W. Brochick and 27,500 shares by COO Todd A. Hitchcock. Analysts maintain a "Buy" rating for the stock, with a consensus price target of $33.50.
MarketBeat
Universal Technical Institute Inc. DEUTSCHE BANK AG USA George W. Brochick
Education & Learning, Market Report
09:38 24.05.2025
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