October 23, 2020

Competition

WhiteHat Jr Accused Of Impersonating A Kid To Attend Competitors Classedit

Inc 42 – Online

Coding for kids platform Tekie has accused its competitor WhiteHat Jr. of using unethical tactics to understand and copy their model of teaching. In a scathing post on social media app LinkedIn, Tekie cofounder Naman Mukund alleged that an employee of WhiteHat Jr, impersonated a grade six students persona to attend Tekies trial class.

[Startup Bharat] Edtech platform BrainsPrep is offering online tuitions to school students in regional languageedit

Yourstory – Online

BrainsPrep was started in 2017 by Rajeevan N (61) as a learning app for his coaching institute named Brains, which was started in 1977, to provide study materials to its students. The app, which was developed as a side project by his son, Jithin Rajiv (24), a software development professional, got a good feedback from students who used it for their school exam preparation.

Industry

NEP 2020: Implementation of New Education Policy in our education systemedit

Hindustan Times – Online

National Educational Alliance for Technology (NEAT) a regulatory body will be created to use technology for better learning outcomes. NEAT aims to use artificial Intelligence to make learning more personalized and customized as per the learners requirement. It even proposes to create national alliance with EdTech companies for a better learning experience.

How the Remote Learning Pivot Sparked Innovation in Educationedit

Edtech Magazine – Online

Thats certainly true of those weve included on our EdTech 2020 K12 IT Influencers list. The list features current and former educators, administrators, IT professionals and activists who are using social media and other platforms to inspire others to approach education in new ways.

VC funds pump $3.6 bn in India during July-Septedit

The News Indian Express The Morning Standard The Free Press Journal – Print | Online

In the edtech sector, four of the largest deals are fundraise by BYJU ($500m), Unacademy ($150m), Eruditus Executive Education ($113m), and Vedantu ($100 million). On an annualized basis, however, the inflow has been tepid with only around $500 million of additional inflows into India. Globally, VC investment rose to touch $73.2 billion in the September quarter.

Techbooze starts pumping heavy funds into Indian startupsedit

Telangana Today – Online

Startups including Byjus, Playco and Ynsect.com have already received funds with an undisclosed figure, the company said, adding that it will be investing heavily into startups and the real estate sector.

From Byju’s to Amazon, digital is the king when it comes to advertisingedit

ET Rise – Online

‘Have a break, Have a KitKat’ the tagline for Nestle KitKat took a U-turn when the chocolate giant, in its new advertisement, thanked healthcare professionals during the pandemic for ‘not taking a break’.

Convergia: The upcoming dark horse in the Indian Ed-tech spaceedit

Forbes – Online

The education brand S. Chand has led the textbook and education content publishing industry in India for decades and understand the needs of schools, teachers and students and is building the structure of digital tools to teach and learn. S. Chand has been invested in the ed-tech space for over a decade with global partnerships and key school adoptions in the middle east market. The company has also backed startups like Testbook, Ignitor and Smartivity in the online testing and STEAM Learning.

Ed-tech Platform ‘Ahaguru’ Raises Series A Funding led by Anand Mahindra’s Officeedit

Startup India – Online

Ahaguru is a Chennai-based ed-tech startup that focuses on science and math for higher class students. Unlike other ed-tech startups, Ahaguru does most of its content marketing through Whatsapp. There are over 4,530 active Ed-tech start-ups in India today, out of which 435 were founded in the last 24-months alone

Flipkart, Jio deals push VC inflows to $3.6 billion in September quarter : Reportedit

The Times of India Deccan Herald Yourstory – Online

After steadily rising throughout 2019, the country saw a record quarter to close off the year. The current year has been a mixed bag, although September quarter saw two large deals close in the top 10 biggest funding rounds in the quarter $1.3 billion infusion in Flipkart and Byjus $500 million late-stage funding.

VC investments in India more than doubled in September quarter: KPMG reportedit

Livemint – Online

“India continues to be attractive market for VC investors. With the impact of the pandemic and the new normal paving the way for disruption in business models, there is significant demand in the edtech, healthtech and fintech segments,” said Amarjeet Singh, partner, KPMG in India.

Former Uber chief’s edtech startup is bringing extracurricular and after-school classes onlineedit

Yourstory – Online

The edtech startup focuses on providing private and group sessions for children between ages five and 15, from the comfort of their homes. It acts as an alternative to traditional offline dance, music, chess, singing, and yoga schools.

Edtech Startup Ahaguru Raises Series A Led By Anand Mahindra’s Family Officeedit

Inc 42 – Online

Chennai-based edtech startup Ahaguru on Thursday (22nd Oct) raised an undisclosed amount in a Series A round led by an investment firm that is managed by Anand Mahindra’s family office.

WazirX ties up with EdTech startups, promotes cryptocurrency as career optionedit

The Times of India – Online

WazirX, one of India’s largest cryptocurrency exchange platform has launched its educational initiative with the intention of spreading knowledge of cryptocurrency.

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