Competition
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.
Industry
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.