Competition
Light After Darkness: Kashmiri Pellet Victims Fight for Educationedit
Kashmir Observer – Online
Adil started using his neighbours slow data connectivity for lessons from Khan Academy which is an online American non-profit educational organisation. The American accent being different, it would sometimes take him 2 hours to fully understand a 5minute video.
The only 4 Indian women who made it to Asias Power Businesswomen list 2020, and their net worthedit
GQ India – Online
CoFounder, Byjus When we hear of Byjus we either think of founder Byju Raveendran or the ambassador Shah Rukh Khan. But what you probably didnt know was that Byjus cofounder is Raveendrans wife, who is among the Indian women on Forbes Businesswoman list 2020.
Saif Partner Closes Biggest Ever $400 India Fund; Rebrands to Elevation Capitaledit
Silicon India – Online
Currently Elevation has seven unicorns in its portfolio, including Paytms parent firm One97 Communications, food delivery startup Swiggy and online learning platform Unacademy. It manages total assets worth over $2 billion.
IPL 2020 attracts Rs 500 crore in sponsorships: Three factors that helpededit
Exchange 4 Media – Online
Dream 11, Unacademy, Equitas Small Finance Bank Limited, Performax, Ralco Tyres, Jai Raj Steel, Double Horse, FanCode Shop. IPL 2020 has a completely new support base, and mostly from homegrown brands. This year, some legacy brands have kept their distance from IPL 2020. And this in turn has paved the way for new entrants to join the league. And they have done so in hordes, albeit at a discounted price.
European Edtech Investor Brighteye Ventures Raises $54 Million for Second Fundedit
Edsurge – Online
The global education technology industry is headed for a record-setting year when it comes to venture capital investments. In the U.S., companies like Coursera are raising hundreds of millions at billion-dollar valuations. That’s dwarfed by their peers in India, where Byjus has already raised over $1 billion at a $10 billion valuation.
Chinese Online Education Unicorn Yuanfudao Completes $2.2 Billion Roundedit
China Money Network – Online
After the financing was completed, Yuandaodaos valuation surpassed the Indian K12 education platform BYJUS, which was valued at US$11.1 billion, and became the most highly valued unicorn in the global education technology industry.
Amid pandemic, while most Indian startups are struggling for funds, four have become unicornsedit
Scroll – Online
India’s economy has plummeted to record lows in recent months due to coronavirus-linked lockdowns. Yet, there are some bright stars in the country’s booming tech startup space.
Ex-Tesla CIO founded Tekion enters the unicorn club with $150M Series C roundedit
Your Story – Online
This year, Postman, Pinelabs, Unacademy, Nykaa, Zerodha, Firstcry, and Razorpay also made it to the famed unicorn club. Speaking on the investment, Eric Wei, Managing Director, Advent, said, Their dealer-friendly approach to contract terms and data ownership will be a breath of fresh air for dealers. We are incredibly excited about the platform and the size of the opportunity.
Industry
With a focus on employability, how Gurugram startup edWisor helps job seekers upskilledit
Your Story – Online
Edtech startup edWisor makes job seekers work with mentors to become job-ready by taking the right courses that suit employers, thereby addressing the problem of unemployability.0:00/6:09Three years ago, Ramandeep Arora was trying to solve the problem of unemployability among students with his startup edWisor.
AhaGuru raises funding led by Anand Mahindra’s family officeedit
The Times of India – Online The Times of India – Print – Chennai
Edtech platform AhaGuru has raised an undisclosed amount of funding in a Series A round led by an investment firm managed by Anand Mahindra’s family office. The funds will be used to recruit additional teaching staff, develop new technology features and online courses for high school students.
E-Exams by s2 Tech- An online examination tooledit
MID-DAY – Print – Mumbai
In these times of Covid19 Pandemic, virtual classrooms and online education have become the buzzword for securing education. The need of the hour is additional online tools that will make the process of imparting education simple.