January 20, 2021

Competition

BeyondSkool bags seed funding from Tomorrow Capitaledit

VC Circle – Online Web

Edtech startups have attracted a lot of investor attention over the past few years, and more so last year during the pandemic that forced schools, colleges, and universities to shut down. Last year, Unacademy raised a big funding round led by SoftBank, which catapulted the startup to the famed unicorn club with a valuation of at least $1 billion.

To infinity and beyond: 5 apps made by kids that prove age is no bar when it comes to sheer geniusedit

The Financial Express – Online Web

While in the past, lack of proper means to bring these ideas to life could have been a big challenge, things are different today. Thanks to the internet and the vast reservoir of online resources like WhiteHat Jr., turning these ideas into reality is not a distant dream anymore.

Ed Tech startup Udayy raises $2.5 million fundingedit

Elets online Tech Story CNBC TV18 Tentaran – Online Web

Startup Edutech Udayy announced that it had raised $ 2.5 million as part of the funding round led by Alpha Wave Incubation (AWI) and InfoEdge Ventures. Better Capital, Kunal Shah and other angels also participated in the seed capital round, according to a statement.

After Hrithik Roshan, R. Madhavan bats for WhiteHat Jr as a concerned parentedit

Afaqs – Online Web

WhiteHat Jr’s journey has seen as many ups and downs as that of a coder when he/she is trying to find a bug in the code The Byju’s-owned startup has been accused of creating fear of missing out (FOMO) to push parents to avail its services after seeing its ad

Industry

Success comes to those who differentiate themselves: Vivek Bhandari, Scholarlyedit

The Times of India – Online Web

Scholarly is an EdTech company which recognized this problem. Scholarly brings College Credit courses from US universities to international students in the comfort and safety of their home.

Startups tap venture debt to extend runways without upsetting valuationsedit

The Times of India – Online Web

Sectors seeing tailwinds from Covid19 such as Software as a Service (SaaS), ecommerce, health tech, edtech and logistics closed venture debt deals during the year Dunzo, ShareChat, Bounce, BoAT Lifestyle and LivSpace were a few companies that raised venture debt in 2020

Simon Nelson appointed Group Digital Director for Nord Anglia Educationedit

Business World – Online Web

Oakridge International Schools spread across 4 cities (Hyderabad, Bengaluru, Visakhapatnam and Mohali) in India are part of the Nord Anglia Education family. In his new role, Simon will set up and lead Nord Anglia’s Education Technology (EdTech) division.

HeyCloudy, India’s first screenfree audio listening and learning app for kidsedit

ANI News – Online Web

HeyCloudy, an audio story learning app, is a perfect blend of this age-old philosophy and the new-age learning. What makes their concept unique and innovative is the screen-free and ad-free approach to digital education. With more than 10,000 kids already reaping the benefits of this app, HeyCloudy has been highly rated by parents at 4.9 on the google play store.

STARTUP DIGEST: Here’re top stories of the dayedit

CNBC TV18 – Online Web

Livelearning edtech platform Udayy has raised $2.5 million in a seed funding round led by Alpha Wave Incubation (AWI), managed by Falcon Edge Capital and InfoEdge Ventures. The round also saw participation from VC Better Capital, Cred founder Kunal Shah and other angel investors.

Telangana & Gujarat Collaborate To Promote Womenled Startups Across sectorsedit

Republic World – Online Web

The partnership will start a preincubation programme for 240 women entrepreneurs in the EdTech, MedTech and Fintech sectors in the two states out of which a total of 20 will be shortlisted for the final coincubation programme. This initiative is scheduled to commence from first week of February.

Union Budget 2021-22 Expectations for Education: FDI should be allowed in school education for alliance of EdTech and Academiaedit

The Financial Express – Online Web

Open up FDI in school education, allow international fund infusion to help amalgamate the most important alliance between EdTech and Academia with focus on enhancing the innovations around teacher training, Experiential Learning, integration of Sports and Performing arts into mainstream education, etc Drive Budgetary provisions to cater to healthy publicprivate partnership (PPP) models for better efficiencies in the education sector.

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