January 22, 2021

Competition

Globalisation in the time of a pandemicedit

The Hindu – Online Web

COVID-19 might have brought the world to its knees, but nations have found a way to strike back and emerge from what might have been one of the biggest crises in recent times (Unacademy)

Vedantu launches SuperReaders Phonics-based LIVE online reading classes for primary kids aged 46edit

Edex live Business World – Online Web

Vamsi Krishna, CEO & Cofounder, Vedantu, opined, The development of language is one of the 4 facets of a child’s development. At Vedantu we recognize this and have designed SuperReaders as an age-appropriate LIVE online learning class that answers the needs of a child’s emerging developmental impulses.

Byju’s to buy medical, engineering entrance coaching leader Aakash for $1 billionedit

Domain-B India – Online Web

Byju’s to buy medical, engineering entrance coaching leader Aakash for $1 billion India’s biggest online education startup Byju’s has signed a deal to acquire brick and mortar test preparation leader Aakash Educational Services Ltd for $1 billion, in what is seen as one of the biggest deals in the edtech field.

Understand the Importance of Overcommunication in a Crisisedit

Business Today – Online Web

BYJU’s had 40 million downloads prior to Covid and over the last nine months saw 25 million new downloads, a staggering inflection. Likewise, companies like Unacademy and Doubtnut have seen unprecedented growth, especially from Tier-II & Tier-III Indian towns.

African edtech startup uLesson lands a $7.5 million Series A TechCrunchedit

Tech Crunch – Online Web

E-learning startups have been booming in the wake of the coronavirus. Its led to an influx of tutoring marketplaces and content that promises to serve students. One of the most valuable startups in edtech is Byju’s, which offers online learning services and prepares students for tests.

Industry

Practically School Solution a FREE app that empowers schools & teachers to deliver 3D content, AR and test prepedit

India Education Diary – Online Web

Practically, a product of 3rdFlix Visual Effects Pvt Ltd, has a cuttingedge product Practically School Solution catering to school teachers. The solution from Practically enables teachers to conduct their own virtual classes absolutely free for designing and delivering content with teaching material, streamlined by topics across STEM subjects for classes 612.

EdTech startup Bada Business Appoints Nimish Choudhary as Chief Financial Officeredit

Business World – Online Web

New Delhi, 21st Jan 2021: Rapidly growing EdTech startup Bada Business has announced the appointment of Nimish Choudhary as its Chief Financial Officer. The appointment comes at a crucial time in the organizations growth trajectory with the startup looking at a major country wide expansion and fund raising targets.

Education sector sheds 6 mn jobsedit

The Asian Age – Delhi

While most services sectors have been recovering in the past two quarters, the education sector has been witnessing a different trend. The sector has rather lost 5.4 million jobs by the end of the December quarter.

Pre Budget Expectation 2021 by Mr. Aakash Chaudhry, Managing Director, Aakash Educational Services Limited (AESL)edit

Punya Nagari – Mumbai

National Education Policy (NEP 2020) has already set the pace for enormous skill development for the youth. We are expecting that Government will increase the education expenditure in the current education budget.

Carl Peis upcoming startup gets seed funding from Cred founder Kunal Shahedit

Business Standard – Online Web

Shah, who had cofounded Freecharge and is an active investor, has backed a number of startups including Udayy, Kyt, Khatabook, BharatPe, Unacademy, Razorpay and Avail Finance, among others.

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