January 27, 2021

Competition

K12 Education Company Huohua Siwei Finishes Series E Financing, Raising Over $400Medit

Pan Daily– Online Web

A hot market over the past year, online education has been receiving increasing interest from capital markets. Look no farther than at Edtech unicorn Zuoyebang the company, backed by investors such as Alibaba Group, obtained $1.6 billion in funds at the beginning of January.

Edtech The New Kid In SPAC Classedit

Forbes – Online Web

Benjamin VedrenneCloquet, CEO of EdTechX, a SPAC that also debuted this month, echoed her comments, telling Merger market that education or edtech companies globally represent only 5% of the $5 trillion education market.

The advancements in technology today have opened the doors for tremendous innovation 35 quotes of the week on digital transformationedit

Your Story – Online Web

Primary grades are formative years of education for children. An outdated education system is failing Indian parents and children. Saumya Yadav, Udayy Technology is the answer to solve the problem of access and the quality of education.

Industry

Savva’s Learning Company and Turnitin Partner to Deliver Next-Generation Writing Tooledit

IT News Online – Online Web

Savva’s Learning Company , a next-generation learning solutions leader for K12 education, is excited to announce it is integrating its popular my Perspectives English Language Arts (ELA) program with Turnitins Revision Assistant , a standards-aligned, digital revision tool that allows students to take their writing to the next level.

Edtech sops, GST reforms on Hyderabad startups wishlistedit

The Hans India – Online Web

With the Union Budget just around the corner, Hyderabad-based startups are expecting a slew of measures from the Centre to offset Covidinduced losses and help them tread on the growth path.

Indian startups attract $10 billion in funding in 2020: Reportedit

Deccan Herald Live Mint India Tv News  – Online Web

However, sectors like transportation and logistics, and travel and tourism saw more than 90% drop in investments in 2020 as compared to 2019, it added. Startups that attracted maximum funding in 2020 include Zomato ($1.02 billion), Byju’s ($922 million), Phonepe ($807 million), Unacademy ($260 million) and Ecom Express ($250 million), as per the HexGn report.

How edtech brands are scoring big with IPLedit

Exchange 4 Media – Online Web

Look no further than the edtech category with brands like Byju’s, Whitehat Jr., Upgrad and Extramarks. Each brand adopted a different approach to leverage the IPL broadcast to create an impact that moved the needle on the number of downloads and business growth in a big way.

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