Competition
Top Edtech Cos to Accelerate Hiring This Yearedit
The Economic Times – Online Web
Seven leading edtech players – Byju’s, Talentedge, upGrad, Unacademy, Simplilearn, Udemy and Scaler – together plan to add 12,600 13,000 employees to their rolls in 2021, increase their overall headcount by 93 96% from around 13,500 now, according to data collated by ET. Individual hiring increases for these companies will range between 30 200%.
The Edtech Startups Setting Pace In Indiaedit
BW Disrupt Business World – Online Web
There can be no argument that the demand for online test preparation solutions is high but the bigger question is how effective these test prep startups are in outcomes and are they the right replacement for the traditional offline coaching. Edtech has always been pegged as a great equalizer which could deliver access to good education in remote areas.
Amazon launches academy for JEE aspirants News Todayedit
News Today Net – Online Web
Domestic edtech startups including Unacademy, Vedantu and market leader BYJUs raised $2.22 billion in 2020, about four times the amount raised a year earlier, according to the Indian Private Equity and Venture Capital Association and PGA Labs.
[Weekly funding roundup] Venture investments drop below $50M; Digit Insurance becomes 2021s first unicornedit
Your Story – Online Web
Unacademy the Bengaluru based edtech unicorn saw its existing investors raising their stake through a secondary transaction, while BYJUs made the news following a possible acquisition of offline tutoring chain Aakash Educational Services. According to reports, fintech giant Paytm may get a $400 million fund infusion from UBS.
Industry
TCL launches Alcatel TKEE tablets for kids in Indiaedit
Tech Radar – Online Web
TCL has announced three different rugged Android tablets in India. These kidfriendly tablets are ideal for remote learning and education as TCL claims that these are not only tested to be drop safe but they come loaded with subscription based Kidomi super app that offers access to books, games, and videos for children between 313 years.
Online school bag Educare app makes learning easyedit
Nyoooz – Online Web
Tribune News ServiceAmritsar January 15The Punjab Educare mobile app launched during the lockdown to help students in online learning has become the epicentre of digital education sourcing as the date sheet for board classes has been released by the department
The future of EdTech: Increased acceptability of online learning is on the cardsedit
Edexlive – Online Web
Lockdown caused by ongoing Pandemic appears to have provided much needed necessity to businesses to invent alternate ways for staying in business. IT sector was the first to turn to the Internet and Edtech sector, arguably was a close second.
Expert Kumon Parent to Join Worlds Largest Education Franchiseedit
Franchising – Online Web
Although she was a computer scientist and engineer by trade, her main passion was ensuring a full education for her children. Bharthi felt confident that Kumon helped complete that puzzle in her family.
17 top startups selected for Lightspeed s Extreme Entrepreneurs 2021 winter cohortedit
BW Disrupt Business World – Online Web
For the first time since its launch in 2018, over 1200 startups across India and Southeast Asia applied for Extreme Entrepreneurs program. Of 17 finalists, 6 have women cofounders and 4 are from Southeast Asia + 13 from India. Finalists are building across diverse sectors such as Health, Fintech, Agritech, Gaming, Social, SaaS, EV, Social Commerce, and Content. For the first time since its launch in 2018, over 1200 startups across India and Southeast Asia applied for Extreme Entrepreneurs program.