Competition
Unacademy closes $50 million share saleedit
The Times of India – Online Web
Edtech startup Unacademy , which was recently valued at $2 billion, said its top investors Tiger Global , Dragoneer Investment Group , Steadview Capital and General Atlantic have bought another $50 million worth of shares in the firm from existing investors through a secondary share sale.
Byjus to Acquire Blackstone-Backed Aakash Educational Services for $1 Billionedit
Sentinel Assam – Online Web
Market leader BYJU’s, along with other Indian Edutech companies like Unacademy and Vedantu has raised a total of $2.22 billion last year. The amount is four times the amount raised in the year 2019.
Amazon enters Edtech space with its academyedit
Times Now News – Online Web
A lot is in store for India this year. Byjus makes another billiondollar acquisition as it buys Aakash education. Unacademy at the same time is topping an evaluation of 2 billion dollars and Jeff Bezos with Amazon to enters the Edu tech department as he gets ready for the launch of Amazon Academy.
Stocks to buy with Anil Singhvi: Career Point and Cadila Healthcare, Here are Vikas Sethis top two picks for good returnsedit
Zee Biz – Online Web
Byju’s acquired Blackstone-backed Aakash Educational Services for $1 bn (i.e. 7300 cr). This may trigger rerating in the entire education sector. Sethi said that Career Point looks extremely attractive at current valuations, for a target of Rs 195 in short term with stop loss of Rs 165.
Byju’s to acquire Blackstone-backed Aakash Educational Services for $1 billionedit
India Today – Online Web
India’s biggest online education startup Byju’s has signed a deal to acquire Blackstone-backed Aakash Educational Services for $1 billion, reported Bloomberg quoting people familiar with the matter.
Industry
Experts suggest ways to improve teachingedit
Hindustan Times – Delhi
On the third day of the week-long Delhi education conference, organised by the Delhi government, policy experts from the United King- dom, Netherlands, and also from India led a panel discussion focusing on improving profes- sional development for teachers.
Reforms in skilling ecosystemedit
The Statesman – Kolkata The Statesman – Delhi
Soon, technology will be the most relevant and sought-after industry, providing employment on a large scale. The students need to enrol for training in new-age skills such as artificial intelligence, machine learning, cyber security and big data, which are the most rapidly growing sectors at present.
Trends that will give edtech a quantum leap in India in 2021edit
India Today – Online Web
2020 has been a watershed year for the Education sector across the world but more so for India. The naysayers have been silenced and the policymakers too have moved the needle substantially towards building an India where inclusiveness of education is a key agenda.
What Skills Are Indians Learning For 2021edit
News Gram – Online Web
Internshala Trainings, the e-learning arm of Internshala, has brought out a report highlighting the major skills that Indian students learned in 2020, preparing themselves for the career opportunities of 2021.
Creative Galileos Kids Learning App Little Singham Hits a Million Downloads in Six Monthsedit
India Education Diary – Online Web
Little Singham: Kids Early Learning App launched last year by Creative Galileo has hit a million downloads in just six months with an average rating of 4.70. Creative Galileo is an e-learning app that weaves together the best of education and entertainment to create personalised, integrated learning experiences for young minds.
Lydian Nadaswaram is a musical genius: Shankar Mahadevanedit
Radio and music – Online Web
There are many young geniuses in our country but surpassing everyone’s expectations are the BYJUs Young Genius guests who are surprising the living legends of India with their extra ordinary skills. These child prodigies on Young Genius will leave viewers on the edge of their seats and Piano expert Lydian Nadaswaram is one of them.
Lightspeed selects 17 startups for its Extreme Entrepreneurs programedit
The Economic Times – Online Web
Domestic tech leaders, including Vue.ai CEO Ashwini Asokan, Byju’s founder Byju Raveendran, Udaan co-founder Sujeet Kumar, Blackbuck co-founder Rajesh Yabaji, Urban Company’s Abhiraj Bhal, and InnovAccer co-founder Abhinav Shashank, will also participate.
India’s edtech battleground is heating upedit
Fortune – Online Web
Edtech as a business need to have a customer connect, delivery, and customer satisfaction. And all of it Amazon can provide. Amazon getting into the play versus Byju’s are two different animals as far as investors and funding are concerned, argues Bisen, explaining that Amazon is not depended on investors.