November 6, 2020

Brand specific

Edtech firm Stones2Milestones raises bridge fundingedit

Index Co– Online Web

Stones2Milestones, set up by Kavish Gadia and Nikhil Saraf in 2016, operates properties such as the Freadom application and the Wings of Words programme. According to its website, it focusses on promoting language proficiency, as well as the development of critical skills.

Stones2Milestones Raises $2.5 Million to Create a Nation of Readersedit

Edtech Review – Online Web

Founded in 2008 by Kavish Gadia and Nikhil Saraf, Stones2Milestones enables children develop the will and skill to read in English through its adaptive mobile reading app Freadom and Wing of Words (WoW), a research-based pedagogically unique program with both instructional and inspirational aimed at children aged 3 to grade 3.

Stones2milestones raised Rs 19 Cr in bridge round led by Unreasonable Capitaledit

Startup bugle, Startup news, Enablers investment , News18, The Hawk, Rclipse – Online Web

Edtech startup Stones2milestones, which owns and operates Freadom, raised around Rs 19 Cr in bridge round led by existing investor Unreasonable Capital & its limited partner, Goldhrish Foundation.

In brief: Temasek invests in China’s US$30M Bits x Bites foodtech fundedit

Beast Watch News, E27, UNI India General – Online Web

The story: Edutech app fREADom, owned by Indian startup Stones2Milestones, has raised US$2.5 million in a pre-series A round of funding, according to a press statement.

Freadom, Gully Network, TurboHire, AnjaLens, Mitron raise funds; AutoBrix buys Cartisanedit

Tech Circle – Online Web

Founded by Kavish Gadia and Nikhil Saraf in 2008, Stones2Milestones, through Freadom, offers a learning platform to help children aged between three and 12 improve English reading, speaking and conversation skills. The company said it aims to make Freadom the “English operating system” for the entire education ecosystem and reach 10 million children by 2021.

Edtech Startup Stones2Milestones Bags $2.5 Mn Funding To Leverage Its Tech Playedit

News Tourister Guide , Flip Board , Deal Street Asia , Tribune Ledger News , News Summed Up, Live Mint, Silicon India – Online Web

In India learning English has always been a major factor for students to provide a competitive edge. Gurugram-based edtech startup Stones2Milestones (S2M) looks to tap this opportunity through its Wing of Words program and Freadom application.

 

[Funding alert] Stones2milestones raises Rs 19 Cr bridge funding led by Unreasonable Capitaledit

Daily Hunt, News Dig, Qoshe , Infinix Daily Hunt , WN – Online Web

Gurugrambased education technology firm Stones2milestones, which owns and operates Freadom, on Wednesday said it has raised around Rs 19 crore in a bridge funding round led by existing investor Unreasonable Capital and its limited partner, Goldhrish Foundation.

Competition

With Pandemics Impact on Economy Waning, Indian Startups Back To Hiring Waysedit

INC 42 – Online Web

According to Kaushik Banerjee, VP and business head at TeamLease, edtech startups such as BYJUS, Vedantu, UpGrad and Unacadem have been on a hiring spree in the last couple of months.

Vedantu launches VMSAT-India’s biggest scholarship admission testedit

India Education Diary – Online Web

Vedantu, a pioneer in LIVE online learning has launched India’s largest scholarship admission test Vedantu Master Scholarship Admission Test (VMSAT) for students from grades 612 and droppers.

International Business Times, India Editionedit

IB Times – Online Web

Truth behind viral video shaming WhiteHat Jr instructor; startup says attempt to defame brand. The video allegedly showing a parent and a WhiteHat Jr instructor engage in a Q&A session about some basic coding knowledge has gone viral on social media. Read on to find out whats so different about this.

Google treads fine line with new Play Store policyedit

Business Standard – BangaloreChennaiHyderabadMumbaiDelhiKolkata 

Edu-tech majors like Byju’s and Unacademy, video streaming services such as Hotstar and Mx Player, and music services like Gaana.com are some of the major Indian app businesses that will be affected from the move.

Easier overseas listingedit

Business Standard – Bangalore, Chennai. Hyderabad, Mumbai, Delhi, Kolkata 

Chinese entities have at least $4 billion invested in around 90 India-based start-ups, including unicorns such as Zomato, BigBasket, and Paytm (all backed by Alibaba), while Tencent is invested in Byju’s, Ola, and Swiggy.

[TechSparks 2020] Startups can create millions of jobs, say key voicesedit

Your Story – Online Web

There are many examples of how startups are expanding the scope of employment and also bringing in new segments. BYJUS, the decacorn edtech startup, is one such example. Founder Byju Raveendran said that BYJUS, and the recently acquired coding learning platform WhiteHat Jr, has created over 20,000 job opportunities in the last six months.

Industry

Strategic Technology Partnerships Key To India’s New Education Policy Successedit

Business World – Online Web

Agile, fast, and scalable EdTech trends had long fueled global education even before the COVID19 rendered every other learning mode practically unusable. The pandemic might just accelerate the leap into revolutionary new education models to close the achievement gap and the digital divide, caused by the sudden onslaught of the digital education wave.

5 problems you can face in online learning and how to deal with themedit

India Today – Online Web

Covid19 has brought online learning in full fervour and with it comes a number of problems. Here we tell you how you can deal with the problems in online learning. The Covid19 pandemic and the prolonged lockdown induced by it has made working as well as studying from home the new normal.

How Smart Technology Can Help Create Healthy School Buildingsedit

Edtech Magazine – Online Web

How can schools protect student data when using emerging tech But before school and district leaders deploy these emerging tools, they should ensure that technology is supported in their policy and preparation planning, he says.

Edtech, fintech, consumer services drive hiring for Indian startups, shows surveyedit

The Economic Times – Online Web

Startups in fintech and consumer services are emerging as high net addition sectors with 39% and 33% headcount growth, showed the survey on the talent roadmap of 80 Indian startups. The overall headcount addition in the edtech sector so far in 2020 was the highest at around 78% compared to last year.

EdTech Aiding Revenue Growth | Happiest Minds Technologies Toedit

Times Now News – Online Web

While we have seen a strong EBITDA margin expansion and decent growth in revenues, what has led to sharp degrowth in profits this quarter. What led to improved EBITDA margin expansion and at what range do u see EBITDA margins to sustain over next 12 years

[Funding alert] Edtech company Udacity raises $75M in debt from Hercules Capitaledit

Your Story – Online Web

Silicon Valley and Delhi-based Udacity, which prepares employees and students to futureproof their career, on Thursday announced that its Q3 enterprise and government bookings rose by 120 percent year-over-year, total bookings increased 80 percent year-over-year, and ARR increased 260 percent in H1 2020.

[App Fridays] Amazon Academy heats up edtech’s test prep segment; hits half a million downloads in betaedit

Your Story – Online Web

Amazons edtech play in India isn’t new, but certainly new-looking. About a fortnight ago, the tech giant rebranded its year-old JEE Ready app to Amazon Academy. The latter is still in beta available in the Early Access section of Google Play Store but has already crossed 500,000 downloads.

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