November 3, 2020

Competition

To C++ or not to C++: Are coding classes for kids a good ideaedit

The News Minute – Online Web

Platforms such as WhiteHat Jr, Campk12, Captain-coder, and Coding Ninjas offer a variety of such courses for children, but there have been concerns about the potential negative impact on children if introduced before a certain age.

Startups in India raised $468 million across 51 deals in Octoberedit

Times Now News – Online Web

When asked about the month on month and year on year decline, Venture Intelligence founder Arun Natarajan said, I would not read much into the value of the deals declining month-on-month. While September saw three $150 Mn+ deals Byjus, Dream11 & Unacademy getting announced, the megadeals announced in October were smaller in ticket size (and noticeably nonEdTech).

Q&A: Ranjan Pai, the billionaire entrepreneur who broke the jinx of buying a healthcare chain. What next an IPOedit

Money Control – Online Web

He spotted unicorn Byjus back in 2013 and exited with tenfold returns in 2016, managed to get the backing of global investment giants TPG and Temasek as well as Azim Premji’s investment fund Premji Invest and now controls the Manipal Group which has a presence in education, healthcare and stem cell research.

How more than one coaching institute take credit for JEE, NEET success storiesedit

The Indian Express– Online Web

Soyeb also received a scholarship amount of Rs 34,400 from Unacademy after securing AIR 2 in their scholarship test Unacademy Prodigy but was not enrolled in any of their programs. Krishna Chaitanya Kasula, secretary, Coaching Federation of India (CFI), terms this practice on the part of coaching institutes as unethical.

4 edtech platforms using innovative tools to foster digital educationedit

The Statesman – Online Web

Coding by White Hat: WhiteHat Jr. is a pay to play enterprise that offers a one week free trial then moves to subscription. WhiteHat Jr. teaches coding through an online virtual learning center with one-on-one live classes.

Can edtech keep up its momentum after Covid19edit

Forbes – Online Web

Unacademy, for example, made four acquisitions this year. It bought PrepLadder, a medical education platform for $50 million and coding platform CodeChef in June, as well as online exam prep startup Kreatryx in March. Most recently, it picked up a majority stake in K12 platform Mastree for $5 million. Byjus splurged $300 million in an all cash purchase of coding company WhiteHat Jr in August.

Industry

TagHives digital app Class Saathi makes strides across Maharashtra, Haryana & Odishaedit

CNBC TV18 – Online Web

TagHive offers clicker based classroom response systems and AI-powered at home learning app under the Class Saathi brand in India and under the ClassKey brand elsewhere. This mobile and desktop enabled smart and low-cost classroom technology solution is currently being used in over 500 K12 schools in Korea alone.

Start up incubator Encubay announces The Launch of its first Cohortedit

Business World – Online Web

by Collaborather, a diversity-focused startup incubator has announced the launch of its first cohort of 9 women led startup. 150+ women led startups applied globally with a majority (24%) applications coming from EdTech Encubays flagship initiative is a 6months incubation program

Lighting Up The Path Aheadedit

Business World – Online Web

The pandemic that wreaked havoc across the world this year, impacted the education sector just as much as all others. We saw education move online in a big way after the initial lockdown.

Equity Monday: Edtech and insurtech stay redhotedit

Tech Crunch – Online Web

The edtech boom is lifting all boats, it seems, not just those that belong to startups. Chegg’s growth is picking up media attention. Marshmallow raised $30 million for its auto insurtech product. The insurtech market is super hot these days, after the Lemonade and Root IPOs.
Ed Tech Needs Will Increase, Educators Sayedit

EdtechMagazine – Online Web

A majority (86 percent) of educators believe that technology needs in schools will increase over the next three years, according to a recent survey by the University of Virginias Curry School of Education and Human Development and the EdTech Evidence Exchange, a non-profit affiliated with the university.

Delhi is the English language publishing hub for South Asia: Keshava Guha, Editor, Juggernautedit

India Education Diary – Online Web

Delhi is the English language publishing hub for South Asia. After Pulwama attack, the business with Pakistan has gone down. English language book market is very small in Southeast Asia except in India.

App launched by AP government to monitor educational institutions reopening from todayedit

Jagran Josh – Online Web

Andhra Pradesh State Education Minister Asimulapu Suresh has stated that an application has been created for the government to check that all the schools which will be reopening from today November 2, 2020, follow the Standard Operating Procedures issued keeping in mind the COVID19 situation.

Booming edtech M&A activity brings consolidation to a fragmented sector TechCrunchedit

Tech Crunch – Online Web

Content, to an extent, is commoditized. If you can find a free tutorial on Youtube or Khan Academy, buy a subscription to an edtech platform that offers the same solution The commodification of education is good for endusers and is often why startups have a freemium model as a customer acquisition strategy.

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