February 2021
CategoryStories
Brand specific4
Competition71
Industry122

Brand specific

Omidyar Network India leads seed round in edtech platform Kutukiedit

VC CircleTech CircleYou Startups – Online Web

Kutuki, a learning platform focused on children between the ages of three and seven, has raised Rs 16 crore (around $2.2 million) in a seed round led by Omidyar Network India. Also last month, Kyt Technologies Pvt Ltd, which operates a platform focused on extracurricular learning for children, raised $5 million led by Alpha Wave Incubation. Other startups in this space that have raised funding in recent months include Udayy, PurpleTutor, Yellow Class, and Stones2Milestones.

The Year Of Indian Edtech — Will The Bubble Burst In 2021?edit

Inc 42 – Online Web

Edtech startups raised more than $1.43 Bn across 100 deals between January 1 to December 15, 2020. The pandemic and subsequent lockdown forced both parents and educational institutions to turn to tech enabled learning solutions to ensure children’s education wasn’t left in the lurch, resulting in the sector being the most funded in the country. All eyes are on 2021 now. Will this momentum sustain, as schools in most states start resuming in-person classes for K-12 grades in February?

5 Edutech platforms to help kids learn fluent English quicklyedit

India Today – Online Web

3. fREADom:

India’s first comprehensive learning platform for children aged 3-12 to strengthen their English reading, speaking and conversation skills, designed to go leaps beyond rigid textbook learning, they have enabled thousands of children to enhance their reading, writing, and conversational skills.

Apps To Help Kids Improve Their Reading Skillsedit

Edtech review – Online Web

Stones2Milestones: The platform is dedicated to children’s reading skill and assessment. With their innovative approach and different products, they are working to build a nation of readers.

Competition

Vedantu co-founder Vamsi Krishna on edtech momentum post pandemicedit

Tech Circle – Online Web

Bengaluru-based Vedantu is riding the edtech wave induced by the Covid-19 pandemic. The platform, which claims to have over 25 million monthly users across 1,000 cities around the world, raised $100 million in a growth round in July 2020. The investment came some three months after the platform secured $13 million in an extended Series C round from Chinese venture capital firm Legend Capital, existing investor Omidyar Network and others.

Byju’s may close $800-mn Aakash deal by March ’21edit

Business Standard  – Bangalore

Byju’s is on an acquisition spree, with the edtech decacorn seeking to close the deal to acquire exam preparation firm Aakash Educational Services by March. The deal, valued at $700-800 million, would be the biggest in the education space once closed, said sources. The country’s $180-billion education sector has gone online to adapt to the new reality, leading to opportunities for edtech firms, including Unacademy, Vedantu, and Byju’s. Byju’s had almost doubled its revenue from ~1,430 crores to ~2,800 crores in FY20.

Vedantu’s Losses Spike To INR 158 Cr, Spent INR 8 To Earn A Rupeeedit

Inc 42 – Online Web

Bengaluru-based online tutoring giant Vedantu has reported a 6x increase in its losses to INR 158.5 Cr while its revenue stood at INR 35.8 Cr in the financial year that ended in March 2020. The company spent about INR 194.3 Cr to earn an operating revenue of INR 24.6 Cr in FY20. Going by these numbers, Vedantu spent almost INR 8 to earn a rupee in FY20, a spike from about INR 4 it had spent in FY19 (Expenses divided by operating revenue). The edtech giant had earned INR 10.44 Cr through its operations the previous year (FY19) while its expenses amounted to INR 39.4 Cr.

BYJU, LeadSquared Extend Partnership for 6 years to Create a Streamlined Student Acquisition Processedit

India Education Diary – Online Web

BYJU’S, India’s largest edtech company and the creator of India’s most loved school learning app has extended its partnership with LeadSquared, a leading CRM catering to the top edtech institutes in India for the next 6 years. LeadSquared supports BYJU’S to manage multiple operations from acquiring new students, building pro-active call centre teams to getting an overview of the sales operations. The extended partnership will unlock the full potential of digital transformation and work towards ensuring a seamless student experience.

India unicorn ecosystem will strengthen in 2021edit

Verdict– Online Web

India is becoming a digital-first economy. The country with a population of 1.3 billion people has a smartphone penetration of 45% and is one of the cheapest countries for mobile internet worldwide. Digital adoption has received a significant boost from the Covid-19 pandemic. With sizeable investments, the Indian unicorns have been thinking globally. Paytm, for example, has established footprints in Canada and Japan. Byju’s, the most valuable edtech startup in the world, has gained the economic muscle to acquire other startups and expand in overseas markets.

 

Sachin Tendulkar picks up a strategic stake in edtech unicorn Unacademy – will also develop a sports learning category on the platformedit

Business Insider India – Online Web

Sachin Tendulkar will now be a brand ambassador for the startup and also conduct a series of live interactive classes. Tendulkar was already a part of the series ‘Legends on Unacademy’ where he has gone live on the platform to share his experiences and journey with the students. In September 2020, Unacademy had entered the unicorn club with a $150 million cheque from Japanese investment firm SoftBank, after 5 years of starting up.

Share the wealthedit

Live Mint – Online Web

The Indian Tech Unicorn Report 2020 put out by Orios Venture Partners shines a light on the value created by our tech firms. It says that 44 Indian tech unicorns, including InMobi, MakeMyTrip, Paytm, and Byju’s, had generated over 1.4 million jobs and achieved a combined value of $106 billion by end2020.

Tendulkar takes guard for new innings at Unacademyedit

Business Standard – Delhi

Digital learning app Unacademy has onboarded Sachin Tendulkar (pictured) as an investor in a growing trend of sports and Bollywood personalities backing start-ups. Cricket icons Virat Kohli, M S Dhoni, and Yuvraj Singh have all come on board startups in the last few years.

Vedantu bets on inorganic growth, acquires doubt-solving app Instasolvedit

Business Standard – Online Web

Making its first acquisition in the edtech space, live learning platform Vedantu has acquired Instasolv, a doubt-solving app for students from Classes 6 to 12 for science, mathematics, IITJEE, and NEET.

Edtech startup Lido Learning seeks $30 million funding from Temasekedit

ET Tech – Online Web

Edtech startup Lido Learning is in talks to raise $30million in funding from Singapore-based investment fund Temasek Holdings Pte Ltd., said a senior executive, requesting anonymity. If the new round of funding goes through, the company will be valued at $100 million, said the person. Another person in the know also said that Lido Learning was in “serious discussions” to raise $30 million from Temasek. While declining to comment on the fundraise, a spokesperson for Lido Learning said, “The company has seen a month-on-month growth of over 50% for the last 3 months.”

Byju’s Acquires Scholredit

Business World – Online Web

Facebook-supported edtech Byju’s doesn’t appear to back off. The organization, which has been on a forceful acquisition binge, has now gained Scholr in an all-money bargain. AI enabled automated answering stage gives video answers for class 6 to 10 students to address their questions by means of Android and iOS applications. Students are needed to click and transfer photos of their questions to discover moment arrangements across subjects including Maths, Physics, Chemistry, Biology and so on. The arrangement has been marked early this month and prone to be declared soon and the size of the arrangement is in the somewhere between Rs 15-20 crore.

Edtech buying spree, Fintech’s funding juggernautedit

The Economic Times – Online Web

SoftBank-backed edtech startup Unacademy has acquired a majority stake in TapChief, ascribing the gig jobs portal a valuation of Rs 100 crore and providing an exit to its existing investors. Post this acquisition, the company plans to launch a new vertical called Unacademy Pro.

C-Suiters: Who have moved up the corporate ladder this weekedit

Live Mint – Online Web

Gaurav Timble: Appointed as Director HR at WhiteHat Jr. An alumnus of the Jamnalal Bajaj Institute of Management Studies and a certified professional from HR Certification Institute, Gaurav brings with him over 15+ years of experience.

WhiteHat Jr launches ‘Create with Math’ curriculumedit

Trinity Mirror – Chennai

WhiteHat Jr, the leading EdTech company that made inroads in multiple international markets by teaching Coding to students through its live online format, has expanded its offerings by launching the ‘Create with Math’ curriculum.

Temasek to pick up minority stake in Alibaba-backed edtech firmedit

VC Circle – Online Web

Singapore state investment firm Temasek Holdings is set to invest $30 million in online tutorial platform Lido Learning, possibly its first bet in the edtech space in India, a person privy to the development told VCCircle. Temasek is likely to pick up a 30% stake in the company at a valuation of $100 million, the person said, adding that the transaction involves only a primary component. It is also said to be the edtech firm’s Series C financing.

WhiteHat Jr expands product portfolio, launches Create with Math curriculumedit

The Financial Express – Online Web

Edtech platform WhiteHat Jr on Thursday said it has expanded its portfolio with the launch of ‘Create with Math’ curriculum, marking the company’s foray into new subjects apart from its mainstay coding training offering. At WhiteHat Jr, our core philosophy has always been to empower the next generation to become creators rather than consumers by channelizing their natural creativity with an engaging curriculum and personalized live 1:1 teacher attention, WhiteHat Jr founder and CEO Karan Bajaj said in a statement.

Kid App Creators From WhiteHat Jr Leave R Madhavan Awestruck As They Share Their Coding Experienceedit

Daily Hunt – Online Web

EdTech startup WhiteHat Jr’s students Manya, Agastya, and Yuvraj recently interacted with celebrated actor R Madhavan to share their thoughts and motivation, which led them to create the apps PicKaboo, Pat a Pet, and Med Maze, respectively.

Freshworks, Eka founders to launch earlystage fundedit

Live Mint – Online Web

Gireesh Mathrubootham and Manav Garg, founders of Freshworks Inc. and Eka Software Solutions Pvt. Ltd, are set to jointly start a fund christened ‘Together’ that will invest in early-stage startups in the business-to-business (B2B) enterprise software and software-as-a-service (SaaS) space, three people aware of the development said. Together is also going to be backed by Unacademy co-founder and CEO Gaurav Munjal, ChargeBees Krish Subramanian as well as Fusion Charts Pallav Nadhani, and a slew of other prominent SaaS founders, people mentioned above said. Mint couldn’t independently verify this information.

Byju’s acquires Mumbai-based doubt clearing platform Scholredit

Entrackr – Online Web

Edtech major Byju’s is on an acquisition spree. Even as it is in the last leg to acquire Aakash Institute and SAIF Partners-backed Toppr, the company has acquired another edtech startup. According to three people aware of the details of the transaction, Byju’s has acquired Scholr in an allcash deal.

Edtech firms on a buying spree amid COVID19edit

CNBC TV18 – Online Web

In August 2020, Byju’s, India’s largest edtech startup acquired WhiteHat Jr, a Mumbai-based online coding school for young kids, for Rs 2,223 crore. The Bengaluru-based edtech firm spent this fortune to add a new vertical to its already robust business.

EdTech Unacademy acquires majority stake in Networking Platform TapChiefedit

CIOL – Online Web

Only recently, Byjus has acquired its rival Toppr to strengthen the K12 student base. The acquisition marks a three-horse race in the Edtech segment with Byjus, Unacademy, and Vedantu at the lead. In a press statement, Gaurav Munjal, Cofounder, and CEO, Unacademy Group stated that they aim to democratize education. Our endeavor is to make learning accessible and affordable for everyone.

Code word is caution, say experts on trend among kidsedit

Hindustan Times – Online Web

For instance, Toppr, an edtech platform, has seen a 500% surge in the demand for coding programmes post lockdown. Super coders, a programme launched by Vedantu in April 2020, already has over 100,000 students. Of them, over 50,000 students have already taken coding classes through the portal. WhiteHat Jr, a company which runs four different levels of the programme Beginner, Intermediate, Advanced and Professional for students of Class 19, has over 150,000 students across globe.

BYJU, LeadSquared Extend Partnership for 6 yearsedit

Businessworld – Online Web

BYJUS, Edtech company has extended its partnership with LeadSquared, a leading CRM catering to the top edtech institutes in India for the next 6 years. The extended partnership will unlock the full potential of digital transformation and work towards ensuring a seamless student experience.

Is online education segment in India heading towards consolidationedit

The Week – Online Web

With India’s biggest online education platform Byju’s on an acquisition spree with the acquisition of Aakash Educational Services Ltd and reported plans to acquire rival Toppr, there are talks that the Indian online education segment may move towards consolidation in the future.

After Byju’s, Unacademy acquires TapChief for Rs 100 croreedit

Free Press Journal – Online Web

Learning platform Unacademy has acquired TapChief, a professional networking and future of work platform. As per the Rs 100croredeal, Unacademy will acquire a majority stake in TapChief, and allow the existing investors to exit.

What will become of India’s booming ed-tech startups once schools reopen?edit

Quartz India – Online Web

The Covid-19 pandemic has set off a golden era for India’s ed-tech startups. But if current trends are anything go by, this party won’t last forever. In March 2020, when the Covid-19 outbreak started in India, the country’s largest ed-tech platform Byju’s saw six million new students join its courses. The following month, another 7.5 million came on board. Byju’s rival Vedantu, which hosts live online classes for school kids, clocked 75 million hours of content consumption in 2020 with 6.3 million students across the K-12 category and competitive exams prep accessing its material.

After WhiteHat Jr and Aakash, Byju’s to acquire edtech rival Toppr in a $150 Mn dealedit

CIOL – Online Web

After Byju’s acquired WhiteHat Jr and Aakash Institute (reportedly), the EdTech giant is in latestage talks to acquire EdTech Toppr, according to reports. The $150 Mn deal will be the Unicorns third largest deal; it acquired Whitehat in a $300 Mn allcash deal and Aakash institute for $1 Billion. If the deal comes through, Byju’s will move way ahead of its major competitors Unacademy and Vedantu.

Why To Change The School Education In Post-Pandemic Scenarioedit

Hyd news – Online Web

This is almost equal to the total funding made during the previous two years combined. The major companies where investment has gone are: Byju’s $1.3 billion; Unacademy $264 million; and $144 million for Vedantu.

Coding courses for kids pick up amid pandemic, but experts raise red flagsedit

Hindustan Times – Online Web

WhiteHat Jr, a company which runs four different levels of the programme Beginner, Intermediate, Advanced and Professional for students in Class 19, has over 1.5 lakh students across India, the United States, the United Kingdom, New Zealand and Australia and conduct more than 40,000 classes every day.

Unacademy, Dream11 eye IPL 2021 title rightsedit

Hindi Business Standard – Online Web

The appointment of Bjyu’s as an International Cricket Council (ICC) partner for three years this week has left two players in the ring for the 2021 title sponsorship rights of the Indian Premier League (IPL) – edtech firm Unacademy and IPL 2020 title sponsor Dream11, sources in the know have told Business Standard.

Matter of Mind: Beating the burnout is ultimate need of houredit

The Financial Express – Online Web

Unacademy, an online education platform, has launched UCARE, a health and safety initiative to provide Covid19related relief and support to all its employees and their dependents.

WhiteHat Jr: The founder of India’s most controversial edtech startup on what went wrongedit

Scroll – Online Web

The campaign was a big success: WhiteHat Jr said its revenue run rate extrapolating an annual revenue figure based on one months actual revenue ballooned from just $75 million in June to $220 million in August. That same month, the company solidified its status as a startup success story when it was acquired by India’s largest edtech unicorn, Byju’s, for $300 million in cash.

Innovators, entertainers, disruptors, game changers: Meet GQs Most Influential Young Indiansedit

GQ India – Online Web

Byju Raveendran, 39 Founder-CEO, Byju’s Crowning achievement From making some of its content free for students to accelerating the launch of live classes and introducing learning programs in regional languages, as well as an afterschool learning solution, 2020 was a productive year for Byju’s.

Chaos at upGrad⁠— mass resignations pour in as angry employees refuse to relocate instantlyedit

Business Insider – Online Web

The CEO at upGrad, Arjun Mohan⁠— who was earlier a top executive at BYJU’s ⁠— told employees that they won’t be given any time for “travel, shopping, settling down, relaxing down etc. All of this has to happen on the off day of Monday”. The email was also viewed by Business Insider.

Unacademy Road Safety World Series to kickstart on March 2edit

Exchange 4 Media Iwmbuzz News 18 – Online Web

Unacademy Road Safety World Series T20 gets underway at the Shaheed Veer Narayan Singh International Cricket Stadium in Raipur from 2nd March to 21st March, 2021. The series that was launched last year had come to a halt after four games on March 11, 2020, due to COVID19 worldwide outbreak.

Road Safety World Series 2021 To Have Unacademy As Title Sponsors, Jio As Digital Partnersedit

Republic World – Online Web

While the competition had to be halted after just four matches due to the COVID19 situation in the country, the organisers have confirmed their plans of completing the tournament this year. Unacademy and Jio also have come on board as title sponsors and digital partners respectively for the league.

10 Major Upcoming IPOs to Watch in 2021edit

Good Returns – Online Web

BYJU’s, India’s leading education site, soared to prominence during the pandemic. It is backed by Lightspeed and Sequoia and has a $10.8 billion valuation and has 70 million registered users. Byju’s can go public by listing itself both in India and the US on stock exchanges.

How startups are realigning edtech, healthtech, communications, other sectors with pandemic challengesedit

The Financial Express – Online Web

This could further provide the necessary impetus to online education technology platforms such as Simplilearn, Eruditus, INurture, TalentSprint, and BYJU’s, as they can license their platform and focus on content & pedagogy. The teachers will also require a certain level of training to be able to utilize these platforms and technologies effectively.

Vedantu announces Mohit Mathur as Biz Excellence Headedit

ADgully Exchange 4 Media Business World Higher Education Digest Cio look India India Education Diary Hr katha CIOL The Economic Time Smart news – Online Web

Vedantu, a pioneer in LIVE online tutoring in India, today announced the appointment of Mohit Mathur as Biz Excellence Head. In his new role, Mohit will bring in process and operating model efficiencies to build a fast growth trajectory.

Byju’s will sponsor the ICC Tournament for 3 yearsedit

Public tv – Online Web

India’s largest online education start-up, Bangalore-based Byju’s, will sponsor the International Cricket Institute (ICC) Tournament for three years. The ICC announced on Monday that Byju’s is our global partner from 2021 to 2023.

Edtech startup Newton School raises $5 millionedit

Elets online The Times of India – Online Web

Bengaluru-based educational technology startup Newton School has raised $ 5 million Series A funding round led by RTP Global. Existing investors Nexus Venture Partners, Prophetic Ventures, and Unacademy co-founders, Gaurav Munjal, Roman Saini and Hemesh Singh, participated in the roundtable.

Byju’s backer Owl Ventures leads Series C funding in SplashLearnedit

VC Circle – Online Web

The funding was led by San Francisco-based venture capital firm Owl Ventures, which has backed Indian edtech unicorn Byju’s, said SplashLearn in a statement. Existing investor Accel also participated in this round, it added.

Bengaluru Based EdTech Startup Byju’s Declared ICC’s Global Partner For Three Yearsedit

Swarajya Mag – Online Web

Edtech unicorn Byju’s has been announced as the International Cricket Council (ICC)s global partner for three years from 20212023, a big leap since 2019 when the Bengaluru based company had become the official jersey partner of the Indian cricket team, reports Economic Times.

Startups look to tackle work stressedit

Live Mint – Online Web

For instance, edtech startup Byju’s has been doing live video sessions and virtual chai time every week where teams to come together to unwind, catch up and recreate their tea breaks at work.

Rs 1,000 crore Startup India Seed Fund to go live from Apriledit

Medianama– Online Web

Byju’s, Snapdeal founders now on National Startup Advisory Council. The central government had earlier decided to nominate nonofficial members on the National Startup Advisory Council representing various stakeholders.

ICC announces BYJU’S as global partner until 2023edit

Live Hindustan One India TV9 Telugu Ians Live Free Press Journal Indian Television Business Today News 18 The Quint – Online Web

“We are excited to have BYJU’S on board as one of our global partners and look forward to having a great innings together. Cricket is a sport where resilience, perseverance and conviction are crucial qualities and the partnership with BYJU’S will allow that to be fostered by a wider audience both young and old,” said ICC chief executive Manu Sawhney.

Bangalore based edtech startup, Newton School, raises 5 Million USD Series Aedit

India Education Diary – Online Web

Bengaluru-based edtech startup, Newton School, has raised USD 5M Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaurav Munjal, Roman Saini and Hemesh Singh.

WhiteHat Jr could scale rapidly because people were talking about us: Karan Bajajedit

Exchange 4 Media – Online Web

At the Dentsu e4m Digital Advertising Report 2021, Karan Bajaj, CEO & Founder, WhiteHat Jr. spoke at length about the company’s journey through the pandemic, scaling up and the next step for the brand in a fireside chat with Nawal Ahuja, Co-Founder, e4m.

Vedantu records 75 million hours of content delivered across platform in 2020edit

My Big Plunge – Online Web

Vedantu has sustained robust growth with students having attend 75 million hours of content across Vedantu platform in the year 2020, a testimony of the wide adoption of LIVE online classes.

Teaching coding to children: Centre says some companies mislead people with inappropriate adsedit

News Meter – Online Web

It may be recalled that one edtech company WhiteHat Jr has been accused of publishing controversial ads to mislead and pry on parents. WhiteHat Jr teaches coding to children. Later the company was asked by the Advertising Standards Council of India (ASCI) to remove certain advertisements as well.

upGrad creates UK board with four prominent figures in global educationedit

Live Mint Business wire India – Online Web

upGrad, India’s largest higher edtech company, announced the appointment of a four member independent board to build their UK-based operations and accelerate expansion. The board comprises distinguished leaders such as Professor Sir Deian Hopkin, Julie Mercer, Dr. Kishore Sengupta, and Ashwin Assomull.

The Startup Insurgenceedit

Goa chronicle – Online Web

Byju’s has been one of India’s most successful startups which has even been sponsoring the Indian cricket team and competing with giants like Star and Nike for the same. The success stories of such startups are inspiring the next generation to put their foot out and create something which they can call their brainchild.

Some edtech companies are misleading customers: Education Ministryedit

Careers 360 – Online Web

The ministry of education has accepted in Parliament that some edtech companies have resorted to airing inappropriate advertisements and misleading the customers. Recently, WhiteHat Jr, the edtech company that teaches coding to children, had such charges levelled against it.

Edtech: Vedantu delivers 75 million hours of content to learners in 2020 The Economic Timesedit

The Economic Times – Online Web

Edtech platform Vedantu on Wednesday said it has delivered 75 million hours of content to students across its platform in 2020. The company’s YouTube channel saw a 9X growth with yearly views of 510 million hours making it one of the largest YouTube platforms for K12, the company said in a press release.

Mastree Partners with Kalki Koechlin to Offer Innovative Storytelling Program for Childrenedit

India News – Online Web

India Sees rapid uptick in program enrollments since softlaunch Over 1,00,000 classes conducted for 5,000+ students via 500+ highly proficient teachers Mastree, an Unacademy-backed online education platform that offers English Communications and Inspirational Mathematics programs for children, has collaborated with Kalki Koechlin to design and introduce an innovative storytelling-driven English communications program for kids from KG Grade 8 (ages 3.5 to 14 years).

WhiteHat Jr targeting to create 1 lakh teachings jobs for women in India over the next 3 yearsedit

Outlook – Online Web

WhiteHat Jr targeting to create 1 lakh teachings jobs for women in India over the next 3 years Karan Bajaj, Founder & CEO, WhiteHat Jr opens up about the past, present and future in an exclusive interaction with Outlooks Prakash Kumar

Spacetech startup Skyroot Aerospace partners with DoS for ISRO facilities and technical expertiseedit

Your Story – Online Web

Skyroot Aerospace has till date raised $4.3 million and counts Mukesh Bansal, Vedantu Investments, Solar Industries among others as its investors. It’s the first vehicle Vikram-I is under manufacturing and is expected to be launched in December 2021

Missiles no rocket science for Warangal whizkidedit

Telangana Today – Online Web

Siva Kumar also had some suggestions to check the evaporation of water, mainly in desert areas and shared the essence of his research with Sundar Pichai during an interaction arranged by BYJU’s Learning App for bright and creative students.

Zoho’s Sridhar Vembu Appointed To National Security Advisory Boardedit

Inc 42 – Online Web

Vembu’s appointment comes in a time when prominent stakeholders in the Indian startup economy are finding roles in public policy. Last year, BYJUS founder and CEO Byju Raveendran and Kris Gopalakrishnan from Axilor Ventures were among the 28 nonofficial members nominated to the National Startup Advisory Council, which is said to be managing the interests and the developments in the world of tech companies.

I predict that the 21st century is going to be Indian century: Jeff Bezosedit

Business Standard – Online Web

This year the company launched Amazon Academy to cater to students preparing for the JEE (Joint Entrance Examination) for entrance to engineering colleges. The move would enable it to take on top edtech companies such as Byju’s, Unacademy, Vedantu and traditional education institutes and tap country’s $180billion education sector which has gone online to adapt to the new reality.

With 2 Mn DAU, Doubtnut Aims To Clock $30 Mn Average Recurring Revenue By September 2021edit

Inc 42 – Online Web

The adoption of edtech platforms was at an alltime high in India after the Covid19 pandemic mandated physical institutions to stay shut for months. Given the scenario, dominant players like BYJU’S, Vedantu and Unacademy managed to woo and onboard millions of students across Tier 1 cities.

Temasek In Talks To Back Ronnie Screwvalas UpGrad At Valuation Of Nearly $500 Millionedit

Money Control – Online Web

Screwvala has been looking to raise funds for upGrad independently for the past two years. If he is successful in raising money, he could join a bunch of Indian online education startups such as Byju’s, Vendatu and Unacdemy that are riding a wave of unprecedented investor and customer interest after the COVID19 pandemics shuttered schools and boosted online education in India.

Product, platform, promotion 35 quotes of the week on digital transformationedit

Your Story – Online Web

Byju Raveendran YourStory has also published the pocketbook Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups as a creative and motivational guide for innovators.

BYJUS shows how parents become learning partners when their kids love what they learnedit

Best Media Info – Online Web

Edtech company BYJU’S and the creator of K12 app, unveiled its new ad campaign that focuses on how parents become learning partners when their children love what they learn. The films show that with guidance from parents and help from technology, children can transform into active learners who love learning on their own.

WhiteHat Jr demands confidential hearing against Pradeep Poonia to discuss advertising documents; Next hearing April 9edit

CIOL – Online Web

In today’s hearing though, Adv Rajasekhar Rao (for WhiteHat Jr) opposed the application of Poonia to demand documents from third parties. Thus, Swathi Sukumar, Adv for Poonia read the relevant CPC rules and quoted the Commercial Courts Act on the issue.

WhiteHat Jr Accused Of Concealing Evidence In Defamation Suitedit

Inc 42 – Online Web

In the latest hearing for WhiteHat Jr’s defamation case against Pradeep Poonia, Poonias attorney accused the company of concealing documents critical to the defamation suit In the latest hearing for WhiteHat Jr’s defamation case against Pradeep Poonia, Poonias lawyer accused the company of concealing documents critical to the suit.

Udaan and Vedantu backer GGV Capital raises $2.5 billion across four latest fundsedit

First Post – Online Web

It has invested in five companies in India which are Khatabook (a digital ledger), Rupeek (a financial services company), Turtlemint (an online insurance platform), Udaan (A business-to-business trade platform) and Vedantu (an online tutoring platform). It has also invested in the likes of Alibaba, Tiktok and more.

Budget 2021: Education initiatives interesting but implementation is key, says Vedantu CEOedit

Your Story – Online Web

The government’s budget proposals for the education sector are interesting but a lot will depend on their implementation, Vedantu Co-founder and CEO Vamsi Krishna said Monday. Speaking to YourStory after Finance Minister Nirmala Sitharaman tabled the Union Budget for 2021-22 in Parliament, Krishna said he would love to see more investment in the school infrastructure to make them more enabled for online learning.

How Covid deepened inequalities in terms of wealth, education and genderedit

Inventiva – Online Web

In contrast, the online education services and their private providers such as BYJU’s and Unacademy, which are currently valued at $10.8 billion and $1.45 billion respectively, experienced exponential growth.

Digital infrastructure, research funds, NEP plan: What education sector expects from Budget 2021edit

The Indian Express – Online Web

Digital infrastructure in schools, basic devices for students to access online education through PCs, tablets, and mobile phones as well as seamless internet connectivity, is the need of the hour. We are optimistic that the upcoming budget will deliver on these and bring hope to students and teachers in smalltown India, says Vamsi Krishna, CEO & Cofounder, Vedantu.

BYJU’S new ad campaign focuses on how parents become learning partnersedit

Medianews4u – Online Web

BYJU’S, India’s largest edtech company and the creator of the country’s most loved K12 app, unveiled its new ad campaign that focuses on how parents become learning partners when their children love what they learn.

Industry

7 mustread websites that make you gain knowledgeedit

Gadget Bridge – Online Web

Khan Academy is a distance learning platform where you get tutorials in an informal style designed for building knowledge. Several lessons are given as an electronic blackboard where users can keep records of their progress. The website is meant to be used as a supplement to the videos because it offers features like progress tracking, practice exercises, and teaching tools. You can also access the material through mobile applications. Khan Academy is part of a continuing trend to make educational resources freely available online for users across the globe.

Startup Street: Time To Billion-Dollar Status Has Nearly Halved Since India’s Earliest Unicornsedit

Bloomberg Quint – Online Web

India’s oldest startups like MakeMyTrip, Naukri.com and Justdial founded prior to 2005took roughly 15 years to become unicorns. Younger firms such as Razorpay, Swiggy, Rivigo and Unacademy, according to Orios report, became unicorns in about five years on average. Udaan, Ola Electric and Glance took 2.4 years.

Governments rising focus on edtech would lead to 100% literacyedit

The Hindu Business Line – Online Web

The government has gone one step further to ensure full support to ed-based tech solutions in learning through the creation of National Educational Alliance for Technology (NEAT) to provide a platform for the use of technology to enhance learning, assessment, planning, administration, and so on. Through the NEAT, the government proposes a public-private partnership model with edtech companies to develop adaptive technology in classrooms. This only shows us that the government investment in education technology is only rising.

Edtech startups: Integrating the best of online learning and classroom educationedit

The Times of India – Online Web

Edtech, surely, has arrived. Even facts are indicative of that. With about 9.5 million users, India is the second-largest market for eLearning after the US, says India Brand Equity Foundation (IBEF). And, this ever-growing market is set to touch $3.5B by 2022, according to a RedSeer and Omidyar Network India report. Not to mention the total investment of $2.22 billion in 2020 (as compared to $553 million in 2019) received by startups in the space, as per Indian Private Equity and Venture Capital Association (IVCA) and PGA Labs data. The pandemic, indeed, has done more good than harm to the Indian edtech space.

 

How COVID-19 has changed the way we educate childrenedit

WEF – Online Web

Many countries have now adopted hybrid approaches, constituting a mix of in-person and remote learning for when schools reopen. Going forward, we will continue to see the rise of blended learning. Learning will eventually combine asynchronous online elements with synchronous elements, enabling students to interact with each other, their teachers, and learning content, all at the same time. “I think the future of education will seamlessly combine offline and online learning and we will be able to find the right balance somewhere in the middle. We will witness the education sector take a leap from the traditional one-to-many approach to blended one-on-one learning experiences, providing students the best of both physical and digital worlds,” he ...

VC firm, Sequoia Capital India to raise second India Seed fundedit

Tech Story – Online Web

Recently, after a very successful first India Seed fund, the Venture Capital firm is all set to raise its second India Seed fund which aims to target early-stage start-ups. Sequoia Capital India began with this journey about two years ago from today with its incubation and accelerator programme called Surge. Some of these companies that are actively in partnership with Sequoia Capital India include OYO Rooms, Druva, Byju’s, Zomato, Tokopedia, GO-JEK, Truecaller, Carousell among many others.

How COVID became a catalyst in the growth of a few startupsedit

The Week – Online Web

Byju’s The pandemic was undoubtedly a revolutionary time for the edtech startups. The closure of schools, college, and other leaning institutes have forced parents and students to look for alternative solutions. Edtech startups like Byju’s have helped them to continue their learnings to leverage their free time during the lockdown.

Edtech is the darling of the day’edit

Business Standard – Bangalore

The two companies it has or is acquiring — WhiteHat Jr and Aakash — present real value to it. It gains a new product to sell to its existing customers and acquire new customers through the purchase. WhiteHat Jr has also given Byju’s deeper access to the US market.

Doubtnut raises 224 crore led by SIG and Lupa Systemsedit

Live Mint – Online Web

The round came after talks of a potential acquisition by edtech unicorn Byju’s failed last year due to differences in valuation. Four-year-old Doubnut is a multilingual, doubt-solving platform that uses artificial intelligence and machine learning to provide video-based solutions.

Homeschooling and the proactive role of edtech platformsedit

Education World – Online Web

Edtech platforms have helped make education interactive and student-friendly. Guidance and lectures from world-class faculty ensure that kids can access quality education from any remote part of the world. Learning platforms such as Byjus, Vedantu and Coursera have syllabus-matched curricula for learners of KG to grade 12 as well as courses for further education seekers. All in all these edtech platforms have made it possible for parents to give their children the joys of a school within the comforts of their homes and delight seeing them grow with values and skillsets of their own.

How edtech startup Camp K12 scaled up from a coding bootcamp to a live learning platformedit

Yourstory – Online Web

Edtech startup Camp K12 began as a coding boot camp in 2010. But its growth in the last 10 months has overshadowed its journey of the last 10 years. Camp K12 conducted interactive workshops and immersive programmes on STEAM (Science, Technology, Engineering, the Arts, and Mathematics) subjects for school kids. Its courses focused on building logic, computational thinking, and mathematical skills, and enhancing the creativity of kids aged six to 18. Between 2010 and 2020, Camp K12 reached 50,000 students through partnerships with hundreds of schools in India, and also collaborations with organisations like Google, Adobe, IIM-B, and NITI Aayog.

Building in the Edtech Sector during the Pandemic: An opportunity in disguiseedit

Business World – Online Web

The Edtech Sector in both national and international markets has encountered a swift upsurge in the aftermath of the pandemic The Covid19 pandemics onslaught on human lives and livelihood has left the world reeling with an unprecedented crisis with almost all the traditional operations remaining disrupted.

An innovative e-learning platform, SWYE360 Learning, partners with Decatur Public Schools 61 to deliver virtual learning to studentsedit

IT News Online – Online Web

SWYE360 Learning is an Edtech software company that has developed an e-learning platform to deliver teaching and learning to students anywhere, synchronously and asynchronously. Our vision is that learning should be ubiquitous and tools like SWYE60 in the hands of great teachers can be transformational and impact learning outcomes.

Why Indian SaaS startups are stealing the show, why they matter and what next, explainededit

Money Control – Online Web

They hold much promise and are profitable, but enterprise startups tend to remain out of the spotlight, unlike their better-known consumer internet counterparts such as Flipkart, Uber and Swiggy. Moneycontrol decodes what SaaS companies do, why they are different, and what all the hype is about. SaaS startups are raising funds at 25-30 times their projected revenue 12 months from today. For context, not even consumer internet unicorns are valued at such rich multiples. For example, Byju’s, valued at $12 billion, and Zomato, at $5.4 billion, are both valued at 16-17 times their revenue. This makes the current SaaS boom unique.

Edtech, logistics and gig-economy to drive jobs as startups step up hiringedit

Hindi Business Standard – Mumbai

According to a survey by Scalar, venture capital-funded start-ups, especially in edtech, logistics, and gig economy, will be key drivers of the job market in 2021. Live learning platform Vedantu plans to hire 1,500 employees across all levels, with domain expertise in the fields of technology, product, finance, strategy, and human resource this year.

In Interview with Amit Bansal, Founder & CEO, WizKlubedit

Tech Story – Online Web

The k-12 market can be largely broken into 2 segments. One segment caters to the curriculum support (Math, Science) and has players like Byju’s, Topper, Vedantu, etc. Most of the parents in this segment start shopping for solutions in grades 7-8. The other segment is the early year’s segment where the parent is looking for programs beyond the school curriculum. This segment is by and large fragmented and suffers from a lack of quality solutions. WizKlub is catering to the early years market and is offering affordable solutions that impart quality experience at scale.

Sustainability: A new focus area for startup fundingedit

Yourstory – Online Web

Building a healthier and more sustainable planet for our future generations has never been felt more urgently than now.  Be it agriculture, or sustainable clothing, vegan products, climate change, or environmental startups, investment funds are now focussing on businesses that can be built with the least impact on the environment. According to YourStory Research data, in 2020, a total of $67.29 million was pumped across 18 deals in energy, waste management, and cleantech startups. This year, about $6.46 million has already been invested in these sectors.

 

Digital Gurukul becomes Asia’s first Edtech institute to accept crypto for the payment feeedit

APN News – Online News

Amid wide uncertainties & controversy on banning crypto in India – In a surprising move, Digital Gurukul – India’s leading Edtech company will begin allowing its customers to use some cryptocurrencies for payment of fees from June 2021, becoming Asia’s first Edtech company that has embraced digital tokens. “We are preparing right now for the future of crypto and payments, announcing that this year Digital Gurukul will start supporting select cryptocurrencies for payment of fees,” said Dr. Raj Padhiyar, Founder & CEO – Digital Gurukul.

EdTech Startups On A Roll, Bet Big On India.edit

Newsgram – Online Web

EdTech space received a total investment of $2.2 billion, according to a new joint report by Indian Private Equity and Venture Capital Association (IVCA), and PGA Labs, the market intelligence business of Praxis Global Alliance (PGA), India claimed the second biggest chunk of the global industry whose market value increased from $409 million in 2019 to $1.5 billion in the first nine months of 2020.

Brilliant Achievers @ Young Age – Making India Proudedit

ANI – Online Web

Meet India’s Brilliant Achieves who doesn’t have the backing of Instagram or the movie industry and these Shining Stars are changing the Indian Skies inspiring the new generation. Ojas Barve – a serial Edtech entrepreneur who has mastered the art and science of content creation in the education industry, Young and dynamic Ojas has lead new product initiatives, enabled value chain innovation, expedited legacy processes, and built behavioral and pedagogical models at scale identifies content lead innovation as his unique strength. Currently building “BeyondSkool”, a unique education platform for upskilling children in the age group of 5-15 years of age. He has honed his skills over the years working with LIDO Learning and heading the curriculum ...

Know how Edtech startups are boosting India’s digital education and careersedit

India Tv News – Online Web

With growing adoption during the lockdown months, Ed-Tech services and products are expected to see enormous growth by 2025. A report by RedSeer and Omidyar Network India states that COVID-19 has proved to be the biggest game-changer for the Ed-Tech sector. It has further reported that both paid and free users in the K-12 segment and post K-12 segment have a user base doubling from 45 million to 90 million. Research company Technavio has stated that India’s online education market is set to grow by $14.3 billion between 2020 and 2024, witnessing an annual growth of over 21% during this period.

India Urgently Needs An EdTech Policyedit

Youth Ki Awaaz – Online Web

In India, the Union Budget 2019 allocated nearly INR 94,000 crore for education. Despite this expenditure, students coming out of the education system are not job-ready and lack the necessary skills needed to thrive in the era of Industry 4.0. One of the main limitations of our education system is asymmetrical learning. In a typical classroom, the pace of teaching cannot adapt to different learning capacities and learning levels of the students. However, educational technology (EdTech)—the use of information and communication technologies (ICT) in the education system—can bridge the gap between delivering education and making learning effective.

Film celebrities mark their attendance in edtech sectoredit

The Financial Express – Online Web

Some of the notable deals in the segment were Vedantu with Aamir Khan, WhiteHat Jr with Hrithik Roshan, Great Learning with Virat Kohli and Eduauraa with Ranveer Singh. Byju’s, which has been associated with Shahrukh Khan since 2018, signed on south Indian film actors Mohanlal, Mahesh Babu and Sudeep Sanjeev to launch their television ad campaigns in Andhra Pradesh, Telangana and Karnataka, respectively.

The Makers Summit 2021: What Product Secrets You Will Learn From Indian Unicorn And Soonicorn Foundersedit

Inc 42 – Online Web

The most crucial factor that sets tech product companies apart from old-economy businesses is the former’s ability to scale up exponentially. As we all know, founders, VCs and maverick product makers bet their money, talent and time to build businesses which will provide multifold returns. Therefore, a tech product must achieve hyper-growth, a phase of rapid expansion when a startup grows at 20-40% CAGR and doubles the company’s revenues every three-four years. Not every tech startup can reach that height. But companies which do are often considered soonicorns (soon-to-be-unicorns) and generally enter the prestigious unicorn club.

A NEAT solution: Partnering private sector for online education bodes welledit

Financial Express – Online Web

The immense appetite in India for online courses run by foreign providers/universities has as much to do with the high-quality content from such providers as with the limited domestic-market options—thanks to the government waking up to the need to promote digital education only after the Covid-19 pandemic. Realizing that it may take time for universities to develop their courses, content and tools, as also the fact that government’s SWAYAM and NPTEL portal for massive open online courses haven’t been as popular, UGC and AICTE are trying forge partnerships with ed-tech companies to collaborate on courses and online teaching.

Around 59% Indian students depend on edtech apps for exam preparations: Surveyedit

Education World – Online Web

Around 59% Indian students depend on edtech apps for exam preparations: Survey As the exams are drawing closer, about 58.9 percent of the Indian students are using edtech platforms for their preparations, finds the latest Brainly survey.

Investors bet big on edtech startups that bring extracurriculars onlineedit

ET Tech – Online Web

Startups that offer extracurricular activities will be a key part of the edtech sector in 2021, venture capitalists and other investors told ET. While education saw a huge shift online in 2020, many students continue to forgo extra-curricular activities. This has led to a boom in such startups, with investors and founders calling this the ‘white space’ of the Indian edtech market.

Why this scion of the Birla family chose to launch an edtech startupedit

Yourstory – Online Web

Birla Brainiacs, which began operations in April 2020, is a collaborative learning app for math, science, and English for Classes 1 to 12. The focus of the platform is not limited to the school curriculum; it also offers courses on software coding, mental ability, Vedic math, competitive exam preparations (IIT/medical), etc. On why he felt the need to start Birla Brainiacs, Nirvaan says that the current school system doesn’t allow for “stronger or deeper learning”.

PM Modis Startup India: Govt recognised startups jump 85X in 4 years even as YoY growth rate contractsedit

The Financial Express – Online Web

The government also enables investment in recognised startups via SIDBIs Rs 10,000 crore Fund of Funds for Startups (FFS). Financial Express Online had reported last week that FFS has enabled Rs 5,089.55 crore funding into 391 government-recognised startups as of January 31, 2021. However, the jump in the number of funded startups was only 22 percent from 320 startups backed under the programme as of February 18, 2020.

PM Modi asks startups to focus on building institutions, global products and not just valuations, exitsedit

The Financial Express – Online Web

Prime Minister further highlighted the creation of an enabling environment for innovation and mentorship to promote ideas. Today from Atal Tinkering Labs to Atal Incubation Centres, there is an environment being created for technology in schools itself India is not short of ideas. It needs mentors who can help turn ideas into reality. Investments in Indian startups had declined to over $11.4 billion in 2020 from $14.5 billion in 2019, according to the data shared by Tracxn.

Meet Ankit Sanan, who leads young entrepreneurs by example and experienceedit

Deccan Chronicle – Online Web

The more we talk about how young creative minds are at the frontline of various business sectors, the more it seems like much more debate is needed about the same thing. This is because learning these true stories and wanting to understand how ordinary individuals have penned their successes with difficulties faced is important for many others up and coming through industries. Ankit, who claims that one must always prioritise learning over labels, is at the top of the list of these young entrepreneurs in the business sector. Ankit is an ambitious young businessman, a flight professional, an academician, and an EdTech expert. He is better known as Inkclick’s founder, an online learning and ...

Can Ed Tech Make Learning More Accessible?edit

GT – Online Web

Long before K-12 schools moved to online remote learning last year in response to the coronavirus pandemic, education policy advocates were clamoring for ways to improve education for neurodiverse students. Concerns ranged from lack of appropriate state and federal school funding to curriculum design and everything in between. Much of the recent discourse about ed-tech has revolved around accessibility, mainly in terms of device availability and Internet connectivity. But this still leaves another obstacle — making the learning itself more accessible.

Ed tech startup WizKlub raises ₹6 crore led by Incubate Fund Indiaedit

Mint – Online Web

WizKlub, an ed tech startup that builds future skills for school children has raised ₹6 crores in its pre-Series A round, from existing investor Incubate Fund India, bringing the total funds raised to ₹15 crores so far. The company plans to use the fresh capital to accelerate growth and run rate, it said in a statement. The Bengaluru-based startup develops skills in children aged 5-15 years through its smart tech programs that makes them future ready in this rapidly changing world.

Centre ropes in 48 edtech entities for online lessonsedit

Mint – Online Web

The education ministry and the All India Council for Technical Education (AICTE) on Tuesday roped in 48 edtech firms to boost online education for students and executives and offer tech solutions to institutions. The common platform will serve both the business-to-business and business-to-customer space in a varied field ranging from online courses to assessment, and from career support to coding, the regulator for professional courses said.

Edtech Startup Eupheus Eyes Expansion, Acquisitions With Series B Fundingedit

Inc 42 – Online Web

Eupheus Learning will be using the fund to expand its presence into the International markets, particularly the Middle East, Sri Lanka and Bangladesh. The company also plans to acquire edtech startups in the coming months. Eupheus claims to have partnered with over 13K schools, covering 4 Mn students with pan India presence across 80 cities and team size of 175 members.

Not in Focus : Budget 2021 – Early Childhood Education, Foundational skills and Ed-techedit

India Today – Online Web

The Budget 2021 missed to focus on Early Childhood Education, Foundational skills, and Ed-tech. This pandemic has presented the unique opportunity for us. India received its first budgetary announcement after the launch of the NEP. Education received a stimulus of Rs 93224.31, however, this is Rs 6000 crores less than last year.

AICTE to join hands with ed-tech firms for online educationedit

Mint – Online Web

The All India Council for Technical Education (AICTE) is looking to set up an e-learning platform with participation from both government institutions and ed-tech startups to offer a wide range of online professional courses to students and mid-career professionals. AICTE will also streamline e-learning options, delivery, and regulations, in sync with the National Education Policy which seeks to adopt technology and offer flexibility in tertiary education. A formal announcement of the plans is expected to be made on Tuesday.

Edtech startup Edukemy backs up non STEM studentsedit

Business World – Online Web

Edukemy expects to close its first year with Rs 77.5 crore in revenue and the startup holds market competition with edtech companies such as BYJU’S, Gradeup, Testbook, and Unacademy that offer test guides and/or live learning platforms for civil services exams, among their other products.

Ministry of Education to launch NEAT 2.0edit

Digitallearning Eletsonline – Online Web

Listen to this Article In an attempt to modernize the future of Online learning in India, the Ministry of Education and All India Council for Technical Education (AICTE) will launch National Educational Alliance for Technology (NEAT 2.0) on February 16.

EdTech Startup Of IITIIM Guys Will Train And Educate 1 Crore Poor Indian Kidsedit

India Times – Online Web

More than degrees, having the right skills is increasingly going to matter for getting the best jobs in the near future. And while students from top-tier institutes manage to get the realwork experience through their academics, same cannot be said for aided schools or institutes which don’t have a well-equipped infrastructure or faculty to train the students or students from homes who can barely make ends meet, as they’re the ones who get left out.

Watch that lesson, homieedit

The New Indian Express – Hyderabad

Venture Intelligence report states that the investment in India’s EdTech start-ups was $1.5 billion in 2020 The Great Un-Lockdown: Indian EdTech report stated that India’s online education platforms raised over $4 billion in 2016-20

Upgrad entering govt competitive exam prep space, setting up Jeetedit

Business Standard – Bangalore

Upgrad, an online upskilling platform for working professionals, is entering the government competitive exam preparation space with a new subsidiary, Upgrad Jeet, and targetting a large pie of the ~40,000-crore market.

NEAT 2.0: The Future of Online Learning after COVID – 19edit

India Education Diary – Online Web

Professor MP Poonia indicated NEAT 2.0 helps to verify, aggregate, and deliver EdTech solutions directly to the students, thus giving them a huge choice to select a technological requirement that will suit their requirements, which will, in turn, improve the overall learning outcome.

Cyber threats in online education sector increased by 60% in H2 2020edit

Tech Hindustan Times – Online Web

Talking more about the online threats in the education sector, the report states that Zoom was the most popular software to lure users. According to a new report by Kaspersky, the educational sector continues to attract the attention of cybercriminals on the Internet, during the time of Covid19.

Commit To Online Learningedit

The New Indian Express – Online Web

One of the mantras to emerge successful through an online learning platform is to create a study space and staying committed to it. This must sound very simple and basic, but the implications are far more serious and meaningful, if taken in the right sense and spirit.

‘I wanted to try something more universal’edit

The New Indian Express – Chennai The New Indian Express – Bangalore The New Indian Express – Hyderabad

says author Kevin Missal on retelling the Sinbad story and his foray into EdTech. Seema Rajpal gets us the scoop on his next We are ever-so-slightly miffed with Kevin Missal and we tell him that right away. there is a character in there that went to India,” says the 24-year-old with delight

Survey on EdTech Apps:81% of the country’s children do not take the help of parents on education apps, 67% spend an hour daily on social mediaedit

Bhaskar – Online Web

The Kovid epidemic has changed not only the country but the education system around the world. Online education is now being provided in schools, colleges and coaching. This study is being done with the help of EdTech apps.

STARTUP DIGEST: Top stories of the weekedit

CNBC TV18 – Online Web

Edtech startup, Newton School, raises $5 million in series A round InnoVen Capital invests Rs. 35 crore in Pepperfry.com Gmail-based customer service solution Hiver raises $4 million from debt fund Mars Growth Capital On-demand Tutor App Filo Raises $260K pre-seed round from Better Capital

Now, learn abacus via mobile app!edit

The Hans India – Online Web

Stating that edtech as a market is estimated to touch $10 billion in India by 2025 from $700 million today, courtesy the massive adoption of online education post the outbreak of the pandemic, Prasad said LearnClue was aiming at garnering revenues to the tune of Rs 23 crore this year and Rs 82 crore in the next.

India’s edtech Sector Secured $2.1 Billion Funding in 2020edit

Silicon India – Online Web

A research report reveals that the India’s edtech sector has witnessed an investment of $2.1 billion in the calendar year 2020 as compared to the previous decades which was $1.7 billion. Presently, the edtech industry is poised to reach $12 billion by 2025, says the Edtech sector thematic research report that covers the e-learning industry of Anand Rathi Advisors Limited (ARAL).

Impact of coronavirus on upskilling and Edtechedit

India Today – Online Web

Here is how the Covid19 pandemic had an impact on upskilling and edtech companies in India. Overnight in March 2020, COVID19 forced employees and companies to change the way they worked and lived. Regardless of job role, this situation transformed the way every working professional went about their jobs.

How Google Scholar Sidelines Research in Non-English Languagesedit

The swaddle – Online Web

A new study has found that Google Scholar renders research written in languages other than English practically invisible. No matter how relevant and applicable the research, the study states it gets buried in favor of research written in English, making it largely inaccessible. This is detrimental to researchers from all over the non-English-speaking world, study authors state, reinforcing the belief that scientific literature in non-English languages is lacking, or non-existent.

EduFund raises 2.5 crore pre-seed round led by View Trade Holding Corpedit

Live Mint – Online Web

EduFund one of India’s fastest-growing higher education planning apps has recently raised INR 2.5 crore as part its preseed investment round.

EdTech Startup Bada Business Expands Workforce by Almost 300% in post COVID Economyedit

The Hans India – Online Web

With apost COVID surge in digital learning, EdTech startup Bada Business expanded its workforce by almost 300 per cent this financial year, adding over 300 employees to its workforce across the country.

WhiteHat Jr appoints new Director HRedit

People Matters – Online Web

Gaurav joins the edtech startup after almost a 10-year stint at Deloitte, where he was the Associate Director HR. He also held the position of Head Total Rewards and Global Mobility and HR Head (HRBP) – Risk Advisory during his stint at Deloitte.

Two new VCs plant seed money in Matrix-backed edtech startupedit

VC Circle – Online Web

Two new venture investors -foreign and local -have piled into an edtech startup seeded by venture capital firm Matrix Partners…

Most children use edtech apps on their ownedit

The Hans India – Online Web

As a majority of schools across the country are currently forced to schedule online classes for their students amid the pandemic, most children have adapted to use their edtech apps without needing parental involvement, says a new report.

India’s Edtech sector sees USD 2.1 billion investment in 2020: Research reportedit

The Financial Express – Online Web

2020 has seen a higher amount of total investments of USD 2.1 billion in the sector compared to investment of USD 1.7 billion in last 10 years combined, ARAL said. India’s Edtech sector has seen an investment of USD 2.1 billion in the calendar year 2020 compared to USD 1.7 billion in the entire previous decade, according to a research report.

ETtech Evening Briefing on Feb 11, 2021: Koo apps Indian investors, Facebooks Clubhouse cloneedit

The Economic Times – Online Web

Homegrown earlystage venture capital fund India Quotient has launched its fourth fund with plans to raise a total corpus of around $80 million from global and domestic investors. With the new fund, the firm plans to back 3540 ideastage startups in areas like software-as-a-Service (SaaS), social media, direct-to-consumer (D2C), edtech and fintech sectors.

EduVersity launches learning management appedit

Nagaland Post – Online Web

Minister for Higher Education and Tribal Affairs, Temjen Imna Along launched EduVersitys Learning Management App at his official residence here, Thursday. In a short note, Along advise the EduVersity team to provide quality content to its students so as to attract more aspirants and encourage them to remain here in the state instead of travelling to other metro cities for competitive exam coaching. (education app)

EduFund, Filo, others raise fundingedit

VC Circle – Online Web

Operated by Filo EdTech Inc, the platform was set up in November last year by Imbesat Ahmad and Shadman Anwer, graduates of IIT-Kharagpur and IIT-Delhi, respectively. The company says students using its platform can access a tutor OnDemand through a video call within one minute.

EdTech Startup Bada Business Expands Workforce By Almost 300% In Post COVID Economyedit

Business World – Online Web

The EdTech platform offers a series of online business training and skilling programmes for small entrepreneurs and wantrepreneurs. With a post COVID surge in digital learning, EdTech startup Bada Business expanded its workforce by almost 300 per cent this financial year, adding over 300 employees to its workforce across the country.

[Funding] EdTech Filo Raises $260K Pre-seed Round from Better Capitaledit

CIOL – Online Web

Further, it was the missing piece in India’s education puzzle – evident from its massive adoption,” said Vaibhav Domkundwar of Better Capital, an early investor in multiple innovative edtech companies including Skill Lync, Teachmint, Virohan, Stoa School & others

Wanted to get the voice of Indian language speakers on the internet: Koo CEOedit

The Indian Express – Online Web

We started working on this app since November 2019. We wanted to get the voice of Indian language speakers on the internet. Existing platforms focus on the 1 per cent who speak in English. We launched in March 2020, which coincided with COVID, Aprameya Radhakrishna, CEO and cofounder for Koo told indianexpress.com over a call.

SKILL MONKS Continues To Add EdTech Firms To Its Skilling Platformedit

Business World – Online Web

The company has added seven leading Edtech companies to its skilling platform. Driving permanence to online training and making global learning content accessible SKILL MONKS, India’s integrated market place continues to add more to the existing base of quality Edtech companies to cater to the existing demand for high quality online training programs across different domains.

Remote learning isn’t just for the kidsedit

Money Control – Online Web

There are many outlets experimenting with ways to get a handle on the online adult education marketplace, including community colleges and universities, for profit learning platforms, workshop providers and non-profit organizations. (EDTECH)

Live Learning: an effective tool for teachers, learnersedit

Telangana Today – Online Web

Live Learning, an EdTech venture founded by Krishna Gupta in 2020, offers free and anytime, anywhere classes. The web-based application enables teachers to teach on a hassle-free platform and provides them with the necessary tools and resources to make teaching fun and stress-free.

Global Accelerator Y Combinator Backs Bengaluru-based EdTech Startup Codingaledit

India Education Diary – Online Web

Bengaluru-based Codingal, an online coding platform for K12 (school) kids, today said it has been selected in USbased Y Combinators W21 cohort. Launched in September 2020, Codingal delivers highquality coding education with allstar teachers selected only from Computer Science background.

Despite strict instructions by govt, Diksha app finds only a few takersedit

The Times of India – Online Web

While several districts have shown the download numbers up to the mark, the inspection of the Diksha apps dashboard had a different story to tell. While several districts have shown the download numbers up to the mark, the inspection of the Diksha apps dashboard had a different story to tell.(LEARNING APP)

UpGrad Employees Forced To Return To Offices Without Any Allowancesedit

Trak – Online Web

It seems that the days of the new normal, that is working for home is coming to an end at a shocking pace for the employees of the famed edtech startup upGrad. Management Pushing Its Employees The said EdTech firm is owned by millionaire Ronnie Screwvala, highlighted with news of management pushing its employees to report back to office, in Mumbai or Bengaluru.

2021 In Edtech: Gazing Into The Crystal Balledit

Youth Inc Mag – Online Web

Back in 2019, if someone would have ventured a guess as to what the future of EdTech would look like they would have invariably been wrong. Standing where we are, in 2021, we have seen the most devastating humanitarian crisis to have impacted the world, and yet, with teachers rising to the occasion, an unprecedented adoption of EdTech solutions.

Explained: How will NEP 2020 change the education system in Indiaedit

India Today – Online Web

It even proposes to extend national alliance interests with EdTech companies for enhanced learning outcomes. However, one of the biggest challenges is to establish a robust digital infrastructure in remote areas.

Edtech startup CAT-King Institute aims to make MBA preparation easy for studentsedit

English Lokemat – Online Web

CAT-King Educare, India’s premier MBA coaching institute Founder and CEO, Sumit Singh Gandhi (Rahul) started the institute for providing the best learning facility to MBA aspirants.

Why Non-academic courses are equally important part of e-learningedit

Express Computer – Online Web

In the century of fast digital changes, there are many non-academic courses offered by a lot of edtech online learning platforms. According to the sources, the market for co-curricular and extracurricular learning is estimated to be $10 billion in India alone and around $200 billion globally.

This AI based Edtech Startup Typeset Is Disrupting The Global Research Communityedit

Business World – Online Web

The AI-based platform uses one of its kind technologies to automate the formatting of documents based on the publishers guidelines and overcomes the problems associated with storing knowledge in unstructured formats.

Skill Monks associating with 7 top Edtech Brands to offer high quality online educational trainingedit

UNI India – Online Web

Skill Monks is a unique marketplace platform in the EdTech space connecting customers and training companies, on Monday announced adding seven leading Edtech Companies to its skilling platform rpt skilling platform to cater to the existing demand for high quality online training programs across different domains.

Newton School Funding: Edtech startup Newton School raises $5 million in funding The Economic Timesedit

The Economic Times – Online Web

Bengaluru-based edtech startup Newton School has raised a $5 million Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy cofounders Gaurav Munjal, Roman Saini, and Hemesh Singh.

Cyber threats disguised as online learning platforms grew by 60% in H2 2020edit

Live Mint – Online Web

Online edtech platforms have been getting a lot of attention from students looking to augment their learning as they stay away from classrooms and coaching centres since the pandemic started.

Budget 2021 missed online education and howedit

The Times of India – Online Web

While NEP 2020 focusses on bridging the digital divide, the budget did not allocate any funds for either NEP implementation or education technology (EdTech) due to fiscal deficit However, every country, including India, needs to be prepared in a way that learning never gets hampered as blended learning is the future, Sahoo tells Education Times

India’s Internet Startups Will Have A Combined Valuation of $180 Bn by 2025: Reportedit

Indian web2 Tech Hindustan Times – Online Web

India’s internet startups will have a combined valuation of $180 billion by 2025, said a report. These firms which operate business ranging from food delivery, ecommerce to online insurance are now on the cusp of listing, it said. (EDTECH)

UK: Measures announced to boost international study and global opportunitiesedit

India Education Diary – Online Web

The UK offers worldclass education. Thanks to our global reputation for excellence and strong presence in international markets, our education exports from EdTech to transnational education reached 23.3 billion in 2018.

Budget 2021 missed online education and howedit

The Times of India – Bangalore  The Times of India – Delhi

It have been encouraging if the government had introduced a reduction on 18% GST for online education services. Individuals should also be allowed to have tax rebate on expenses incurred on online learning programmes,” says Krishna Kumar, founder and CEO, Simplilearn.

EdTech startup Little Leap raises seed fundingedit

Elets online – Online Web

EdTech startup Little Leap leads the funding round under the leadership of Mohit Satyanand along with other investors from ah! Ventures Angel platform. The 64th Ventures investment increases the total investment portfolio to Rs 191 crore with 10 exits to date.

Combined value of India’s internet startups to reach $180 billion by 2025: HSBC Globaedit

Orissa Post – Online Web

India’s internet startups leaders that operate business ranging from food delivery, ecommerce to online insurance are now on the cusp of listing, a report said putting their combined value at USD 180 billion by 2025.

Testbook launches first digital campaignedit

Exchange 4 Media – Online Web

Testbook, an edtech player in the test preparation market for public sector jobs in India, has launched its first digital brand campaign. The campaign takes a usual route and uses cases to highlight the convenience that Testbook offers for different competitive exams in India.

Common English mistakes you must avoid!edit

The Hans India – Online Web

English is not India’s national language, yet it is the most spoken second language in the country. For many, English is an aspirational bridge, a passport for a better, more financially secure future.

India’s internet startups on cusp of listingedit

The Hans India The Hans India Daily Excelsior The Financial Express Devdis Course The Times of India – Online Web

India’s internet startups leaders that operate business ranging from food delivery, ecommerce to online insurance are now on the cusp of listing, a report said putting their combined value at $ 180 billion by 2025.

Your Physio, Sequent Penems, Little Leap raise fundingedit

VC Circle – Online Web

Edtech startup Little Leap has raised an undisclosed amount in its seed round of funding from ah! Ventures, a Mumbai-based investment manager and platform. Little Leap operates a mobile app that offers age appropriate personalised content to help children learn soft skills, life skills and leadership skills.

Outlook for 2021: The evolution of social media and the role it can play in the future of educationedit

The Times of India – Online Web

One of the major usages of WhatsApp, especially in India, has been for online education. While many students, especially those studying in metropolitan and tier1 regions, had access to a variety of tools such as Zoom, Facebook LIVE, YouTube, and edtech platforms, there were others with limited access to the internet and smartphones.

Genius School Launches Virtual Genius Camp to Help Teens Discover Their True Genius and Natural Pathway to Successedit

IT News Online – Online Web

Genius-U has a network of over 1,400.000 students and entrepreneurs worldwide and is passionate about reimagining education and helping to develop our young people with increased leadership, entrepreneurial and emotional intelligence skills that will lead to their success in our global society.

Edtechs asked to takedown ads on impractical, misleading impacts of codingedit

The Indian Express – Online Web

Some of the Edtech platforms have been asked to takedown advertisements setting impractical and misleading expectations related to coding education, the Union Minister of Education Ramesh Pokhriyal Nishank informed the Rajya Sabha.

Edtech Startup Little Leap Raises Its Seed Round Through ah! Ventures Angel Platformedit

Business World – Online Web

EdTech startup Little Leap raises seed round of funding led by Mohit Satyanand along with other investors from ah! Ventures Angel Platform. This is ah! Ventures 64th investment taking its total investment portfolio to Rs 191 crore with 10 exits till date.

EdTech Companies Asked to Take Down Misleading Ads : Pokhriyaledit

The Quint – Online Web

Education Minister Ramesh Pokhriyal Nishank informed the Rajya Sabha on Thursday, 4 February that several EdTech companies that are involved in the process of teaching coding to children have been asked to remove certain advertisements, reported Careers360.

Exclusive: Newton School raises Rs 37 Cr in Series A at Rs 150 Cr valuationedit

Entrackr – Online Web

Unacademy cofounders Gaurav Munjal, Roman Saini and Hemesh Singh, who are early backers of Newton School, have collectively invested Rs 40.18 lakh whereas Udaans cofounder Sujeet Kumar has poured in Rs 73.27 lakh.

Can coding make children billionaires Govt says ads of edtech platforms are misleadingedit

The Print – Online Web

The Ministry of Education Thursday told Parliament that edtech platforms imparting coding lessons to children mislead people with their advertisements by offering impractical expectations for kids. (WHITE HAT JR)

upGrad creates UK board with four prominent figures in global educationedit

Live Mint Business wire India – Online Web

upGrad, India’s largest higher edtech company, announced the appointment of a four member independent board to build their UK-based operations and accelerate expansion. The board comprises distinguished leaders such as Professor Sir Deian Hopkin, Julie Mercer, Dr. Kishore Sengupta, and Ashwin Assomull.

Technology In Education: Still A Quick Fix Or Moving Towards Becoming A Habitedit

Business World – Online Web

Edtech has the potential to eliminate the inequities in the existing system of education in India. The idea of a new normal suggests that the pre-pandemic normal was old. Old, outdated, and out of sync with the changing realities of a digital first age.

Morphose Capital Partners Secures Funding for Sherpas Online Tutoring Platformedit

IT News Online – Online Web

Morphose Capital Partners, London-based specialists in Mergers and Acquisitions, corporate restructuring and finance, has secured a second six-figure investment for EdTech sector Sherpas online tutoring platform. UK-based Sherpa is an exciting new platform providing interactive online one-to-one tuition for learners of all levels.

Education today needs more funds, not lessedit

The Statesman – Delhi  The Statesman – Kolkata

Realizing the desired emphasis on digitisation and virtual teaching- learning, a higher spend on education is desirable to upgrade digital infra- structure. Getting private sector spending may be a plausible solution.

Covid19: Opportunities, challenges and growth for the edtech sectoredit

Hindustan Times – Online Web

Few events in recent history have caused as much disruption, across spheres, as Covid19. This rupture was most acutely felt in the realm of education. While ecommerce took seven years to pick momentum in India and billions of dollars to change consumer behaviour, this occurred almost overnight for the education technology (edtech) sector.

EdTech made easier and effective through OTT Ventures` new endeavouredit

MID-DAY – Online Web

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations

This serial entrepreneur joined edtech major Avishkaar to help build a global brand for robotics and coding for K12edit

Your Story – Online Web

In 2009, Tarun Bhalla started Avishkaar, an edtech company by launching the Robotronics Series, a robotics DIY kit, in an effort to ignite interest in children in the field. Since then, the company has grown by leaps and bounds and is continuing its mission: to create an army of young innovators who are not just consumers but creators of technology in the field of robotics, AI, IoT, and drones.

Edtech Platform upGrad Close To $100 Mn Funding Round From Temasek, IFCedit

Inc 42 – Online Web

Mumbai-based higher education focused edtech platform upGrad is reportedly in advanced talks with Singapore-based sovereign wealth fund Temasek and World Banks International Finance Corporation (IFC) to raise $100 Mn in a fresh funding round. The company is raising the capital at a valuation of $450 Mn$500 Mn.

Testbook kickstarts 2021 with its unique digital campaignedit

India Education Diary – Online Web

Testbook, one of the leading edtech players in the test preparation market for public sector jobs in India has launched its first digital brand campaign. The campaign takes a usual route and uses cases to highlight the convenience that Testbook offers for different competitive exams in India.

Pushing ahead with inclusive educationedit

The Hindu Business Line – Online Web

It is anticipated that the collaboration between government, school management service providers, EdTech companies and public and private enablers will help address the issue of quality education while creating the requisite infrastructure and inclusivity of education delivery.

Cymatic Edutech Offers Free Live Classes For Exam Preparation Till 31st Marchedit

Business World – Online Web

The Bihar based EdTech startup, Cymatic, is ranked among Top 5 startups from Bihar and is the only EdTech company in the state to be recognised by the government of India, Bihar, West Bengal and Jharkhand.

EdTech Budget 2021 Reactions: FM Zeroes in on Innovation and R&Dedit

The Tech Panda – Online Web

Finance Minister Nirmala Sitharaman’s Union Budget for 2021 has proposed many changes, keeping in mind the challenges being faced by people at the grassroots level. The Budget has focused primarily on innovation and R&D.

Meet Subhash Charan, Founder of trending E-Learning Application Dhurinaedit

Orissa Post – Online Web

Subhash has launched an amazing e-learning application named Dhurina. It has been launched especially for those students who need education and can achieve but can’t pay for it.

Impact of Union Budget 2021 22 on the Education and Skill Development Sectoredit

Business World – Online Web

The Union Budget has set amiable rules for the technology industry and has bolstered the inclusion of digital architecture. The edtech sector of India can initiate strategies to assist educational planning/ governance/ administrative activities of schools and universities of India.

Expert Speak: Redesigning The Education System In The Middle Of A Pandemicedit

Femina – Online Web

The slow pace of change in academic institutions globally is lamentable, with centuriesold, lecture-based approaches to teaching, entrenched institutional biases, and outmoded classrooms However, COVID19 has become a catalyst for educational institutions worldwide to search for innovative solutions in a relatively short period of time However, COVID19 has become a catalyst for educational institutions worldwide to search for innovative solutions in a relatively short period of time(EdTech)

Come India, change your bingeing habit with OTT Ventures e-learning endeavoredit

Hindustan Times – Online Web

A fresh impetus was received to the OTT viewership in the past year when people were forced to stay indoors for a good 34 months. With nothing much to do, except waiting for the lockdown period to be over, Indians, especially young Indians in the age group of 1222, spent hours watching entertainment.

Codeyoung extends a helping hand to empower 100,000 underprivileged children through Coding lessonsedit

India Education Diary – Online Web

Codeyoung, an edtech startup dedicated to introducing coding to children between 516 years of age, has tied up with TechJr to impart coding skills to children from economically weaker backgrounds. Over the previous decade, our dependence on technology has increased multifold and this wave of technological advancement is set to redefine the educational space as well.

Budget 2021: Edtech startups welcome focus on schools, training programmes; lament the lack of adequate funds, GST cutsedit

Your Story – Online Web

Education was one of the focus areas in Budget 2021, but edtech startups expected more fund allocations, reduction in GST, and other special provisions for the sector. Here’s what the industry is saying.

Next Wave Of Edtech In India: 10 Hot Trends To Watch Out For In 2021edit

Business World – Online Web

Technology has deeply penetrated every sector of our economy and every part of our lives. The education sector has also witnessed technological advancements in recent years with various EdTech players prospering across segments

School reopening a positive sign for children’s publishing: Scholasticedit

Telangana Today – Online Web

A: Communication is not limited to speaking and writing. Communication is an amalgamation of body language and listening, speaking and writing. Our newest edtech initiative, Scholastic Super English is designed in a way that it provides the child a platform to interact with likeminded peers and express their opinions freely.

School edu sector excited by budget announcementsedit

The Times of India – Online Web

Yeshwanth Raj Parasmal, cofounder and principal director at 21K School, said, The Union budget certainly provides a stimulus to the education policy but the informal education sector led by EdTech space had no mention and was disappointing.

Budget 2021: What edtech industry expects from Nirmala Sitharamanedit

Business Today – Online Web

Budget 2021: What does edtech industry expect Budget 2021: While there has been little to no silver lining in the dark clouds of the coronavirus pandemic, the sun shone brightly on the edtech industry.

upGrad Raises USD45 Million Funding From International Finance Corporationedit

Analytics India Mag – Online Web

As per reports, the investment arm of the World Bank, IFC stated that it will make an equity investment of USD 45 million in the company. Last fiscal, the edtech platform generated INR 230 crore and aims to close this with an annual revenue run rate of INR 1200 crore.

Top 10 Educational Apps for Kids in India, 2021edit

News meter – Online Web

2. Teach Your Monster To Read: Teach your Monster to Read is one of the best educational apps for kids which helps them learn English language through colorful and interactive games. The app features many friendly monsters who will help the child practice the basics of the language and progress to advanced concepts by crossing each level.

PRESENTING: 64 edtech startups looking to disrupt Harvard as part of a $9 billion marketedit

Business Insider – Online Web

When the pandemic forced students of all ages into the remote learning model, the value of an in-person college experience came into question. Education tech startups saw a surge in funding up to $9 billion in 2020 from investors looking to enhance virtual learning in the US and abroad.

Budget 2021: 3 prebudget expectations from the EdTech sectoredit

India Today – Online Web

The EdTech industry flourished at an accelerated rate as it broke new territory and entered tier 3 and 4 cities of the country. It took only a few months to gain peoples confidence in online learning, which would have easily taken anywhere between 3 to 5 years, if not for Covid19.

8-yr-old Indian boy in Johns Hopkin’s brightest students in the world listedit

The Statesman – Online Web

Reading, Python programming and Khan Academy videos. When contacted by IANS, Hopkins did not confirm how many Indians or Indian Americans took the test but said several students were living in India during the testing period.

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