Mansi Verma

1 week ago | livemint.com | Mansi Verma

Online travel agency MakeMyTrip has said that it plans to raise up to $3 billion to repurchase shares from one of its key stakeholders, China-based Trip.com, according to a filing with the New York's Nasdaq stock exchange. The funds will be raised through a combination of equity and convertible senior notes, the company said. “We are offering 14,000,000 ordinary shares, par value $0.0005 per share in this offering.

1 week ago | htsyndication.com | Mansi Verma |Sneha Shah

New Delhi, June 17 -- K-12 online tutoring unicorn Vedantu is in talks to raise $10-15 million in a convertible equity round from its existing investors, two people with direct knowledge of the discussions told Mint. The company is looking to shore up capital as it chases full-year profitability and offline growth ahead of an initial public offering (IPO) over the next two years.

1 week ago | livemint.com | Mansi Verma |Sneha Shah

The company is looking to shore up capital as it chases full-year profitability and offline growth ahead of an initial public offering (IPO) over the next two years. This comes at a time when new investments in edtech startups have slowed significantly, with founders and investors increasingly at odds over the valuation benchmarks set during the boom years of online learning in 2020–21.

1 week ago | htsyndication.com | Mansi Verma

New Delhi, June 16 -- India's mid-stage edtech startups are finding no takers. Once the darlings of investors in 2021, Indian edtech firms-especially in the series A to C stages-are now struggling to raise fresh funds or secure strategic buyers, Mint has learnt.

1 week ago | livemint.com | Mansi Verma

Startups at these stages recorded just three deals totalling $9 million so far in 2025—a staggering drop from $852 million across 50 deals in 2021—according to data provider Venture Intelligence, on the back of slowing demand for online learning and adjacent edtech models post-pandemic. As venture capital dries up, many of these companies are increasingly turning to larger peers for potential mergers or acquisitions to survive and scale.