Competition
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.
Industry
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