LEAD, India’s largest School EdTech player, has raised US $100 million in Series E funding round at a valuation of $1.1 billion to continue its mission of transforming schools in India. The funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company’s ambitious…
Upskilling platform Simplilearn announced its first-ever Employee Stock Option Plan (ESOP) buyback worth Rs. 48.74 crore. The company had offered active employees to liquidate up to 25% of their vested ESOPs as part of this buyback. 65% of the active employees with ESOPs liquidated their options as part of this buyback process. The company also…
Simplilearn, an online bootcamp for digital economy skills training, announced the addition of Deborah Quazzo to the company’s Board of Directors. Deborah’s onboarding comes on the back of the recent investment of $250 million in Simplilearn by private equity firm, Blackstone Group, the statement said. Deborah Quazzo is the managing partner at GSV Ventures and the co-founder…