Competition
2020 emerged as silver lining for online learning platformsedit
The Hans India – Online Web The Hans India – Hyderabad
Edtech company, Byju’s, is reinventing the concept of online tutoring and introducing innovative methods to engage with a wider set of audience. In 2020, edtech companies such as Byju’s have scored big in terms of students enrollment for online classes and e-learning process.
From Shiv Nadar to Byju Raveendran, top Indian tech billionaires of 2020edit
The Economic Times – Online Web
Byju Raveendran is among the top five richest tech billionaires in India. He is the founder of the online learning app Byju’s and has also acquired the startup WhiteHat Jr.
2020 emerged as silver lining for online learning platformsedit
The Hans India – Online Web
Edtech company, Byju’s, is reinventing the concept of online tutoring and introducing innovative methods to engage with a wider set of audience. In 2020, edtech companies such as Byju’s have scored big in terms of students enrollment for online classes and e-learning process.
Industry
Funding in Indian startups this week (28 Dec02 Jan)edit
Entrackr – Online Web
Pune-based B2B gig marketplace Gig-India has closed a pre-Series A funding round of $1 million from two angel investors Anjali Bansal, founder at Avaana Capital, and Vineet Patni, former president of Bajaj Allianz.
5 edtech startups to watch out for in 2021edit
India Today – Online Web
If there’s one segment that has defied the trend in 2020 to register remarkable growth numbers, its edtech. According to some estimates, the Indian EdTech industry is the second biggest in the world and continues to rise with each passing day.
A new vocabularyedit
Daily Excelsior – Online Web
Perhaps it is no surprise this devastating year has thrown up new words. After all, language tends to evolve all the time and with time it folds into itself in new words. The best example is English which has gained many new words through the ages, getting faster especially when it colonised a vast terrain of the globe containing diverse cultures.
Upgrad doubles student base to 1 mn plus since Apredit
Business Standard –Bangalore Chennai Hyderabad Delhi Mumbai Kolkata
The pandemic has turned out to be a huge blessing for edutech platform Upgrad, as its customer base has more than doubled to 1 million since the lockdown. The company’s revenue is on course to close the current year with over ~1,200 crore.
India sees a sharp drop in number of start-ups founded in 2020edit
The Hindu Business Line – Online Web
Some of the most popular business models that attracted investor interest in 2020 were online selfpaced test preparation (BYJU’S, Unacademy), food delivery (Zomato, Swiggy), digital wallets (PhonePe, MobiKwik), internet first restaurants (Box8, Biryani By Kilo), ecommerce logistics services (XpressBees, Vinculum Solutions) real money esports gaming platforms (MPL, WinZo), vernacular news aggregator (InShorts, DailyHunt), horizontal B2B marketplaces (Udaan, Bijnis), among others.