CCPA Fines Raising Superstars ₹8 Lakh for Misleading Child Development Claims
The Central Consumer Protection Authority penalizes Raising Superstars for unverified claims on infant milestones, highlighting tighter scrutiny of edtech advertising.
Edtech
New York’s Oboe Raises $16 Mn to Transform Personal Learning with AI
Oboe has raised $16 million in Series A funding led by a16z to expand its AI-driven course generation platform, adding new product features, pricing tiers and plans for mobile and multilingual expansion.
Unacademy’s valuation sinks below $500 million, explores possible acquisition
Unacademy’s valuation has dropped sharply from its pandemic-era peak, with the edtech player now exploring acquisition options as demand shifts back to offline learning and competition intensifies.
Byju Raveendran to Appeal Delaware Court’s $1.07 Billion Default Judgment
Byju Raveendran will appeal a Delaware court’s default judgment holding him personally liable for over $1.07B, arguing the ruling was rushed and denied him a defence. The founders say lenders misled the court and plan federal racketeering and obstruction claims.
Meet Ayesha Shaik – UAE’s “First Phonics Teacher”: From Year-1 Classroom to a Public Literacy Movement
Ayesha Shaik, known as the UAE’s “First Phonics Teacher,” has grown from a Year-1 educator into a prominent advocate for literacy, teacher development, and inclusive learning, building a community-driven movement across the region.
Reboot Coding Institute Trains 400+ Bahraini Youth in Cybersecurity at AICS 2025
Bahrain’s leading tech and talent accelerator strengthens the nation’s cybersecurity ecosystem with advanced AI and cloud defense training at the Arab International Cybersecurity Conference & Exhibition.
Byju’s Riju Ravindran Found Guilty of $533 Mn Fraud by U.S. Court
Last week, the U.S. Bankruptcy Court for the District of Delaware delivered a summary judgment against Riju Ravindran, Think & Learn, and Camshaft Capital.
NSDC Collaborates with PhysicsWallah to Introduce Bharat Innovation Global (BIG) Initiative
NSDC International has collaborated with Noida-based PhysicsWallah to introduce the Bharat Innovation Global Private Limited (BIG) initiative.
NCLAT Adjourns BYJU’s vs Glas Trust Case Hearing to November 6, Byju Raveendran Apologizes to Employees
The Chennai bench of the NCLAT on Tuesday, adjourned the case involving BYJU’s and a group of its US lenders represented by Glas Trust Company LLC.
BYJU’s Insolvency: Supreme Court Hears Appeal by Glas Trust Company LLC
Glas Trust, a U.S.-based creditor of Bengaluru-based edtech company, on Tuesday, told the Supreme Court that it had been falsely removed from the Committee of Creditors.
BYJU’s U.S. Bankruptcy Ruling Sparks Surprise in India
U.S. court in Delaware, on Tuesday, ordered involuntary Chapter 11 bankruptcy proceedings against BYJU's units: Neuron Fuel Inc., Epic! Creations Inc., and Tangible Play Inc.
BYJU’s Insolvency: Supreme Court to Hear Plea on September 17
The Supreme Court has scheduled a hearing for September 17 to consider an appeal filed by Glas Trust Company LLC, U.S.-based creditor of BYJU's.