Competition
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.
Industry
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.