December 18, 2020

Competition

10 most powerful women of India in 2020edit

DNA – Online Web

8/10 Divya Gokulnath is a Teacher and a Businesswoman. She is the cofounder of the education app Byju’s. The Learning App. She is married to the founder of Byju’s, Byju Raveendran.

LeadSquared raises $32 m in Series B fundingedit

The Financial Express – Online Web

Some of LeadSquareds customers include BYJU’S, Acko, Amity University, OLX, Dunzo and Practo.

2020 In Review: When Startup Disputes In India Turned Too Uglyedit

Inc42 – Online Web

Of all the controversies in 2020, the one involving WhiteHat Jr is undoubtedly the most talked about. The edtech startup, acquired by BYJU’s, not only hit an annual revenue run rate of $150 Mn this year but also got tangled up in lawsuits and heated criticism

Breaking stereotypes: India’s most powerful women in 2020edit

WIO News – Online Web

Divya Gokulnath featured in Forbes Asia’s Powerful Businesswomen list of 2020. She is the co-founder of Byju’s. The ed-tech startup has pushed her and her husband, Byju Raveendran’s net worth to over $3 billion.

[Funding alert] Info Edge Ventures raises Rs 375 Cr from Temasek as part of Rs 750 Cr fundedit

Yourstory – Online Web

Truemeds, a tele-health platform; Rusk Media, a digital company focused on content targeted at millennials; FirstHive, a customer data platform for global enterprises; Polymerize, a SaaS platform for materials companies to accelerate development using AI; and Udayy, an interactive gamified learning platform for kids from Grade I to V

From Unacademy to Jio and Freshworks – check out the hot new tech job openings in Indiaedit

Business Insider – Online Web

Indian edtech unicorn Unacademy has multiple job listings open on LinkedIn. The startup, which is riding on the edtech wave in India, is looking to fill multiple roles like Senior Product Manager, Senior Executive – Consumer Insights, Lead – Product Security, Manager Taxation, among others.

Industry

Cambridge English launches Upskill a new mobile based English test for employability in Indiaedit

India Education Diary – Online Web

Cambridge Assessment English has teamed up with leading English language learning provider in India, Enguru Live English Learning app, to launch Upskill, a new smartphone-based test of English.

Online Education Business Growth: Investments of more than 16 thousand crores in EdTech companies this year among Coronaedit

Bhaskar – Online Web

Other business news New Investment: After the investment of Silver Lake, the valuation of Byju is close to 81 thousand crores, the company raised more than 7 thousand crores this year. After the investment of Silver Lake, the valuation of Byju is close to 81 thousand crores, the company raised more than 7 thousand crores this year.

Indian edtech startups received over $2.22 billion funding in 2020: Reportedit

Livemint – Online Web

Byju’s, Unacademy and Vedantu accounted for the highest share of funding in the last five years, according to the report. Byju’s raised the most capital in the last five years at $2.32 billion (latest valuation at $12 billion), followed by Unacademy at $354 million (valuation at $2 billion)

How the pandemic paved the path for India’s edtech revolutionedit

Times Now News – Online Web

Edtech startups like Unacademy, Byju’s, Eruditus, Vedantu and Toppr among others have raised millions of dollars in funding, and Byju’s blockbuster acquisition of unicorn Whitehat Jr is an indication that a post-pandemic world is likely to be one where online models of learning will continue to form a critical component of pedagogical practices.

EdTech startups on a roll, raise funding of $2.2 b in 2020edit

The Hindu Business Line – Online web

In 2019, EdTech startups raised investments of $553 million. As many as 92 players received funding in 2020, of which, 61 players received seed funding, the report showed. BYJU’s and Unacademy raised the most capital, $2.32 billion and $354 million, respectively, in 2020.

 

 

Edtech startups attracted more than $2 billion funding: IVCAPGA Labs reportedit

CNBC TV 18 – Online Web

In terms of funding, 92 players raised funds in 2020 out of which 61 players received a seed round. BYJU’S and Unacademy raised the most capital at $2.32 billion and $354 million respectively this year.

Edtech startups attracted over $2.22bn funding in 2020: Reportedit

The Times of India Telangana Today The Statesman Hindustan Times Deccan Herald  – Online | Print

The report, titled The Great UnLockdown: Indian EdTech, noted that Indian online education companies have raised USD 4 billion in the last five years (20162020) with companies like Byju’s, Unacademy and Vedantu accounting for the highest share In 2020, 92 players received funding, out of which 61 players received seed funding, the report by Indian Private Equity and Venture Capital Association (IVCA) and PGA Labs, said

Edtech startups pocket $2.2 bn in funding this year: Reportedit

The Financial Express – Online Web

Byju’s alone secured over $1 billion from investors this year and is understood to be negotiating another $200 million deal. In an interview with FE in late September, founder & CEO Byju Raveendran had mentioned that the company added more than 25 million free users in the last five months compared with just above 40 million in the first four-and-a-half years.

Edtech in 2020: Led by Byju’s, Unacademy, investments jump 300%; this many startups raised capitaledit

The Financial Express – Online Web

Investments in the Indian edtech market led by the likes of Byju’s, Unacademy, Toppr, etc., was up 300 per cent in 2020, thanks to the pandemic and the following lockdown that gave the opening edtech market has been looking for to break out in terms of investors attention.

Best Apps of 2020: Ludo King, Mitron, Groww, Google Classroom, and others that trendededit

Yourstory – Online Web

It became India’s #1 learning platform by mid-April, going past homegrown apps like BYJUS, Vedantu, Toppr, among others. Google Classroom replicates an offline classroom like environment online, and enables schools and entire curriculums to go digital.

[YS Learn] Key Lessons on entrepreneurship, funding, and pitching in 2020edit

Yourstory – Online Web

The year has been a busy one for WhiteHat Jr; from big exit to legal battles, WhiteHat Jr has seen it all. This learn piece however is about how the startup got its first cheque of $1.3 million and had a $300 million acquisition to Byju’s.

[Year in Review 2020] Passion is important; every other skill set is learnable Top 50 quotes of the year on entrepreneurshipedit

Yourstory – Online Web

The right intent can solve the biggest of problems. It is important to focus on the deeper purpose and reason. Only then can tech be built. – Pulkit Jain, Vedantu You need to believe in yourself because you are selling your vision. – Manali Jagtap, MJ

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