Brand specific
Mitron launches Indigenous App Store Atmanirbhar Apps to Promote Indian Apps Is This What Indian Developers Wantedit
Tech Quila – Online Web
The app store also has a recommended section which recommends a bunch of applications developed by the Indian government including COVID19 tracing app for India, Arogya Setu, BHIM developed by NPCI for enabling UPI transactions, DigiLocker, IRCTC Rail Connect, DD News, Incredible India, and Narendra Modi, official application for Indias Prime Minister Narendra Modi along with other apps such as JioTV, Mitro, Kaagaz Scanner, Ludo King, FREADom, Jiva Health App and MaymyIndia Move.
Competition
US edtech cos tap boom in Indiaedit
Live Mint – Online Web, MINT– Delhi, MINT– Mumbai, MINT-Chennai, MINT-Kolkata, MINT-Hyderabad, MINT-Bangalore, MINT-Ahemdabad
As the pandemic pushed users to online learning, investments in edtech startups jumped to $1.88 billion during January to October compared to $440 million in 2019, according to data from Tracxn, led by fundraising by Byjus, Unacademy, Eruditus Executive Education and Vedantu.
Is Amazon Expanding Its Indian Edtech Playbook With Academyedit
Inc 42 – Online Web
According to Inc42 Plus The Future Of Indias $2 Bn Edtech Opportunity Report 2020, there are around 4450 edtech startups in India, which has raised over $1.8 Bn between 2014 to 2019 across 303 deals. The capital inflows into the test preparation and online certification segments are comparatively higher. Some of the popular startups in this test prep segment, which Amazon Academy needs to be careful of, are BYJUS, Unacademy, Vedantu, Toppr, and Eruditus.
Grapevine: Byjus deal for Doubtnut falls apart; Creador to exit Corona Remediesedit
VC Circle – Online Web
Learning app Byjus talks to acquire a majority stake in edech platform Doubtnut have fallen through overvaluation, three people in the know told Entrackr. Doubtnut said no to the deal after Byjus reduced its offer to $90 million (Rs 670 crore) post the due diligence process, while Doubtnut was previously being valued in the range of $130 million (Rs 967 crore), one of the persons mentioned above said.
Edtech firms up marketing spends; make a dash for users in tier 2 and 3 citiesedit
The Financial Express – Online Web
Edtech companies claim that the process of expansion has already begun. Currently, nonmetro markets contribute to 70% of the traffic, Zishaan Hayath, CEO and cofounder, Toppr, said. The company claims to have seen a 50% month on month growth in users in the August September period. Byjus too claimed that 65% of its students are from outside the top 10 cities of India. We are working on expanding into the regional market, with learning programs in regional languages, Mrinal Mohit, COO, Byjus said. The company claims to have added 25 million new students since the lockdown. This takes the total number of students on the platforms to over 70 million students and 4.5 ...
Industry
Teens participation in extracurriculars with less screen time tied to better mental healthedit
Medical Dialogues – Online Web
Although we conducted this study before the COVID19 pandemic, the findings are especially relevant now when teens may be spending more time in front of screens in their free time if access to extracurricular activities, like sports and arts programs is restricted due to COVID19, says the studys lead author Eva Oberle, assistant professor with the Human Early Learning Partnership in the UBC school of population and public health. Our findings highlight extracurricular activities as an asset for teens mental wellbeing. Finding safe ways for children and teens to continue to participate in these activities during current times may be a way to reduce screen time and promote mental health and wellbeing.
PE-VC firms look beyond Reliance, edtech in Octoberedit
The Times of India – Chennai, The Times of India – Online Web
October recorded $3.1 billion in PE-VC investments across 54 deals with Reliance Retail’s fundraise of around $2.6 billion from Mubadala, ADIA, TPG Capital and GIC included, data from research firm Venture Intelligence shows. This is a dip from $4.1 billion of PE-VC funding across 63 deals recorded in the month of September. With the frenzy surrounding edtech tapering down this month, meat and seafood delivery startup FreshToHome raised the largest ever Series C round for a consumer tech venture garnering $121 million from the Investment Corporation of Dubai and other investors. Payments provider Razorpay entered the unicorn club with a $100 million raise from Singapore’s ...
Edtech startup AOne receives Seed funding from Wavemakeredit
Tech Story – Online Web
With the pandemic online learning has become a new thing and has boosted many startups in many countries. Many new companies have come up with new ideas to teach online and promoted their Edtech business and raise funds. One such company is the Malaysian Edtech Startup AOne that raised a seed funding of $500k from Wavemaker, an earlystage VC firm. AOne also raised about $48,000 from Scaleup Malaysia in April during its inauguration in April.
EdTech platform ConveGenius registers 10X growth using WhatsApp to reach 5 million students in Indiaedit
India Education Diary – Online Web
Delhi: ConveGenius, an EdTech social enterprise, has witnessed 10X growth in its userbase across India. The accelerated growth trajectory can be attributed to the brands unique Whatsappbased EdTech model which allows it to reach students from all walks of life by collaborating with state governments and several lowfee private schools across the country. With this model, ConveGenius has reached 5 Million active users in India, across some of the most remote parts of the country. On average, exchanging nearly 10 million daily messages, ConveGeniuss work is impacting students positively across the states of Madhya Pradesh, Rajasthan, Uttar Pradesh, Himachal Pradesh, and Maharashtra. Building on this momentum, the platform is eyeing 20X growth by ...
Could Education Technology do better for our childrenedit
Politicshome– Online Web
The Covid19 pandemic and unprecedented closure of schools catapulted education technology (EdTech) into the forefront of peoples minds and routines. It found its way into homes up and down the country in a way hitherto unimaginable. EdTech itself is, of course, nothing new and has been around for longer than we may realize.