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Aussie Edtech Giant Moodle Acquires Indian Startup eAbyas

Australia-based learning management platform Moodle has acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount. 

Start-up funding hits two-year low in Q3 CY22 at $2 7 billion in India: PwC India Report

According to the PwC India report "Startup Deals Tracker - Q3 CY22," start-up funding in India hit a two-year low of $2.7 billion across 205 deals in the third quarter of fiscal year’22. 

Indian start-up funding hits two-year low in Q3 CY22 at USD 2 7 billion

Indian start-up funding hits two-year low in Q3 CY22 at USD 2 7 billion
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Edtech Unicorn upGrad Expands the Size of the ESOP Pool

According to the company's regulatory filings with the Ministry of Corporate Affairs, edtech unicorn upGrad has increased its employee stock option plan (ESOP) pool by 3,00,000 shares (MCA). According to regulatory documents, upGrad has expanded the amount of the ESOP pool from 22,25,810 shares to 25,25,810 shares. The estimated value of upGrad's new options is Rs 244 crore ($30 million), while the estimated value of its employee stock is Rs 2,058 crore ($260 million). The news was first reported by Entrackr, which noted that it was the second time in the previous nine months that the stock pool size of

Edtech Unicorn UpGrad Purchases Exampur, a Test Preparation Site

Edtech Unicorn UpGrad Purchases Exampur, a Test Preparation Site
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