Competition
Business Schedule for Thursday, Jan 28edit
Outlook – Online Web
Byju”s founder Byju Raveendran, Vedantu CEO Vamsi Krishna, WhiteHat Jr founder Karan Baja at Resurgence EdTech (1700 hrs)
Adoption of tech got covid boost: Satya Nadellaedit
Live Mint – Online Web
Just like shopping, education also went digital last year with edtech firms seeing a huge surge in users. Byju Raveendran, founder and CEO of the eponymous edtech startup said it wants to define the future of learning in India and abroad.
We want to define the future of learning: Byju Raveendranedit
Live Mint – Online Web
I want to define the future of learning and create a part of it and find that ideal blended format of learning. I will be happy if I can play a role in defining the online schools of tomorrow, Byju Raveendran, founder and CEO, Byju’s at the ongoing Resurgence TiEcon Delhi-NCR virtual event on Thursday.
Udaan, Vedantu backer GGV raises $2.5 bn across four latest fundsedit
VC Circle – Online Web
In India, GGV has invested in at least five companies: SME-focused Khatabook, gold loan platform Rupeek, insurancetechnology startup Turtlemint, business-to-business marketplace Udaan, and edtech firm Vedantu.
Satya Nadella, Kalyan Krishnamurthy, and Bjyu Raveendran on the future of everythingedit
Your Story – Online Web
The new normal. We have all heard it, we are living in it, and turns out, it is here to stay. From our shopping habits to learning patterns, and even how we work, the new normal has made everything digital. (Byju’s)
Pandemic accelerates digital transformation by almost a decadeedit
The Hindu Business Line – Online Web
The conference also prominently featured startup leaders in the Edtech space. Byju Raveendran, founder of Byju’s, said: In terms of technologies and its intervention on education, these are very early days.
OnePlus cofounder launches new venture Nothing, to bring smart devices in 2021edit
DNA – Online Web
It was announced earlier in January that CRED founder Kunal Shah has made an investment of an undisclosed amount in Nothing. Shah, who also cofounded Freecharge, has invested in various startups such as BharatPe, Khatabook, Kyt, Razorpay, Unacademy, Udayy, and Avail Finance.
Jagadeesh J named VP marketing at Unacademyedit
Indian Television – Online Web
Bengaluru-based online learning company Unacademy has appointed Jagadeesh J as its new VP of marketing. The post fell vacant after Karan Shroff was promoted to the post of CMO in September last year.
Good ed-tech firms will continue to grow after the crisis: Byju Raveendranedit
The Financial Express – Online Web
Byju’s alone secured more than $1 billion from investors; Unacademy, Eruditus and Vedantu collectively bagged over $500 million in funding in 2020. Going ahead, the education sector is expected to see the emergence of a blended model wherein online and offline learning will co-exist, Raveendran said.
Industry
Women consumers, EdTech and Premium Products drove demand for Buy Now Pay Later in 2020: ZestMoney reportedit
UNI India – Online Web
ZestMoney, India’s leading AI-driven EMI financing and Buy Now Pay Later (Pay Later) platform, today revealed the findings of its annual report which outlines how Indian customers opted for BNPL solutions in 2020.
To motivate learners, Elite announces India’s first Rewards based eLearning, through its platformedit
News Patrolling – Online Web
Skill management EdTech startup, Elite announced the launch of Elite Points India’s first Rewards based eLearning, where learners can accrue points towards every minute they spend on learning on the Elite platform.
More Power to the Education Budget EdTech Experts Answeredit
The Tech Panda – Online Web
This opens new horizons for EdTech startups. The introduction of NEP 2020 focuses on extracurricular and vocational learning with no separation from academic streams across the country. According to NASSCOM, India’s EdTech market expects to rise to US$3.5 billion by 2022, which, if achieved will normalize the country’s economic curve post-pandemic.
E-Learning and Edtech get a new outlook through OTT Venturesedit
The Week – Online Web
It accounts for a total waste of time and energy without the person getting anything substantial out of it. Gauging this issue, a likeminded individual decided to form a platform that OTT Ventures is and provided an E-learning platform that is everything valuable a learner looks for. (EdTech)
Edtech startup Lifology witnesses 400 percent hike in customer engagementedit
ANI News – Online Web
Lifology, a Guinness World Record holder and India’s first Career Ecosystem for Parents, witnessed an exponential rise in their engagement in 2020. The Edtech startup is known to enable parents to explore the world of career and equip them to make an informed decision on the basis of their child’s unique capabilities and career suitability.
Budget 2021 Expectations: EdTech Seeks Low GST More Innovation and Upskilling for Teachersedit
The Tech Panda– Online Web
The pandemic has turned around the entire situation in the education sector. The transition from traditional learning to digital methods has helped in the growth of EdTech startups and existing companies.
Aakash Digital Registers an Impressive 5X Growth in Live Class Usage, and massive growth in enrolmentsedit
India Education Diary – Online Web
Owing to the emergence of Covid19, the already flourishing Edtech industry has undergone a paradigm shift due to the adoption of cuttingedge technology by consumers across the world.
Indian startups attracted $10.14 billion in funding in 2020 despite the COVID19 pandemicedit
First Post – Online Web
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.