Brand specific
VC investments in B2B ed-tech start-ups up 77% to $30 millionedit
Business Standard Knowledia Magzter News Now – Online Web Business Standard –Bangalore Chennai Hyderabad Delhi Mumbai Kolkata Ahmedabad Kochi
Venture Capital Investments in B2B Ed-Tech Start-ups in India have grown by 77 per cent to $30 million in 2020 from $17 million a year ago. The lockdown had spurred growth in the B2B space in which schools, colleges, and tuition centres have been aggressively adopting tech-based solutions. (Stones2Milestones)
Stones2Milestones is focusing on the reading game. Its edtechs chance to build language blocksedit
Pehal News – Online Web
Product and tech improvements helped make some progress, however scale remained elusive. However, a shift is beneath means. While ed-tech gamers targeted on reading expertise, like Sones2Milestones are rising, high-funded ones have additionally joined the fray.
Competition
WhiteHat Jr sues angel investor Aniruddha Malpani for Rs 14 croreedit
Tech Circle Inc 42 – Online Web
Coding platform for kids WhiteHat Jr on Monday filed a defamation lawsuit of Rs 14 crore against angel investor Aniruddha Malpani at the Delhi High Court. The complaint copy, accessed by TechCircle, alleged that the Malpani is continuously and incessantly posting false and defamatory tweets which are causing severe damage to the Byjus acquired startups reputation and business.
White Hat Jr has charged Poonia of hacking and trademark violation.edit
Tech Story – Online Web
The fight in court between White Hat Jr and Poonia also depitcted a long online fight battled between the two. White Hat Jr has charged Pradeep Poonia of hacking and trademark violation aside from defamation. After a court hearing on November 23 (Monday), Poonia will have to take down some of the tweets as a part of an ad interim injunction.
upGrad acquires The Gate Academy, forays into test preparation market in Indiaedit
Live Mint – Online Web
Byjus, Vedantu and Unacademy have been steadily buying out niche startups to diversify portfolios. The largest acquisition to date in the ed tech space has been BYJUs acquiring code training app WhiteHat Jr for $300 million.
Interim relief for Whitehat Jr in defamation suit against Aniruddha Malpaniedit
Live Mint – Online Web
There is a 12 billion dollar start up is on one hand and an IIT grad on the other…What is being sold by Whitehat jr is that if you enroll, you will become Elon Musk. But they had to take it down… There are some places where I may have used certain words like cheat etc which I should not have but there are certain things which are genuine and should be matter of trial. he submitted before the court.
India’s largest edtech startup has acquired a hornet’s nestedit
Qz – Online Web
In August, Bengaluru based edtech unicorn Byjus acquired WhiteHat Jr, an online coding school for young kids, for $300 million (Rs2,223 crore). At the time of the acquisition, WhiteHat Jr seemed like a promising bet. After all, the 18monthsold firm already had learners in India and the US. It was also planning to expand to Canada, the UK, Australia, and New Zealand.
Exclusive: WhiteHat Jr Bug Had Exposed Personal Data of 2.8 Lakh Studentsedit
The Quint – Online Web
According to responsible disclosures made by an independent security researcher to WhiteHat Jr, the Byjus owned company had left its backend server open that allowed access to a variety of plaintext data, including student names, age, gender, images, user IDs, parents name, and progress reports to outsiders.
Delhi HC asks Aniruddha Malpani to remove defamatory tweets against WhiteHat Jredit
Times Now News Latest Laws The Press Reporter News Tube Co The Indian Express Business world Free Press Journal Live Law Bar and Bench – Online Web
Key Highlights Relief for WhiteHat Jr: HC orders removal of defamatory tweets After ban on LinkedIn account, Aniruddha Malpani barred from tweeting against WhiteHat Jr New Delhi: In a relief for WhiteHat Jr, the Delhi High Court asked angel investor Aniruddha Malpani to remove defamatory tweets against the online coding platform.
Byjus eyes $ 12B valuationedit
Pitch Book – Online Web
Indian edtech company Byjus is raising $ 200 million from investors including BlackRock and T Rowe Price at a $ 12 billion valuation, according to Bloomberg Backed by investors including Silver Lake and Tiger Global, Byjus was valued at $ 111 billion in September, according to a PitchBook estimate
Airtel Digital TV Offering Interactive Learning Channels With Vedantuedit
Gizbot Money Control Saamana Kashmir Reader – Online Web
Airtel Digital TV has announced its partnership with Vedantu, which is an online learning app to offer quality education to students. The DTH arm of Airtel has specially designed its services for students from class sixth and 12th.
Aakash Appoints Abhishek Maheshwari as CEOedit
Business World – Online Web
Abhishek has a bachelor’s degree in electrical engineering from IIT Delhi and an MBA with distinction from Columbia Business School in New York. Prior to joining AESL, Abhishek was the President of International Business for Byjus where he was responsible for driving the edtech company’s growth globally
Industry
School students developing a knack for online learning: Surveyedit
The New Indian Express – Hyderabad
77.4 students of a survey said that they missed being at school for this year’s Children’s Day Celebrations. Only 22.6% of students felt the other way. These were some of the insightful revelations by a survey conducted by Brainly, an online learning platform for students, parents, and teachers.
With so many edtech platforms in India, how can you choose the best for youedit
India Today – Online Web
A large number of edtech platforms have come up during the Covid19 pandemic. It is important that students and employees do not get confused. Here is how you can choose the best online learning platform for you. Technology has deeply penetrated every sector of our economy and every part of our lives.
Sequoias Surge selects 17 startups for its fourth batchedit
Live Mint – Online Web
These startups span across sectors including edtech, fintech, SMETech, developer tools, consumer, healthtech and B2B marketplaces. Further, Sequoia India said that over half the startups, which are a part of the latest cohort are Software-as-a-Service (SaaS) companies, with 11 of the 17 startups building for cross-border markets.
Extramarks Education Adds Another Feather to its Cap; Launches New App Lil One by Extramarks for Early Childhood Learningedit
Goa Chronicles – Online Web
India’s most trusted EdTech giant Extramarks Education has unveiled their latest kids learning app, Lil One by Extramarks, to educate, engage and entertain children below seven-year-old. The application has the integration of the much loved and popular animated character Chhota Bheem in the several inapp lessons and games besides several other interesting learning modules.
EdTech Startup WeUnlearns AI Chatbot Wulu on a Mission to Support Over 10,000 Adolescentsedit
Indianweb2 – Online Web
Based out of Bangalore, WeUnlearn developed a technology solution Wulu an interactive AI-based chatbot enables underserved children to empower themselves and provide a safe space for adolescents (1417 years) to share their feelings anonymously, ask questions, reach out for help and access resources.