Category | Stories |
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Brand specific | 1 |
Competition | 33 |
Industry | 125 |
Brand specific
English focused edupreneuredit
Education World – Online Web
Highly articulate educator and serial entrepreneur Kavish Gadia is the founder-CEO of Gurugram (Haryana)-based Stones2Milestones Pvt. Ltd (S2M, estb.2008, headcount: 300). This edtech start-up offers schools, teachers, and parents diagnostic, affordable, and research-based English reading and literacy solutions for children in the 5-12 age group. Through its globally benchmarked flagship fREADom mobile app — a vertically integrated pedagogy stack for learning English as a second language — launched in 2016, young learners can improve their English reading, writing, and conversation skills.
Competition
Unacademy Announces Go-For-Gold Initiative for School Studentsedit
Educrats Web – Online Web
Unacademy, India’s leading learning platform, has announced the Go-For-Gold Initiative for Indian school students participating in the International Olympiad in Informatics (IOI) 2021. The IOI is one of the most prestigious UNESCO-recognized Olympiads in programming and informatics for school students. The Go-For-Gold Initiative was started by CodeChef in the year 2013 to bridge the gap in talent and train aspiring contestants for the IOI examination. Unacademy took over the custodianship of CodeChef in June 2020. As part of the Go-For-Gold initiative, Unacademy will award a cash prize worth Rs. 15 lakhs, along with a laptop and other rewards to any Indian student winning a gold medal at IOI 2021.
Whitehat Jr partners with EnduroSat to offer Space learningedit
Elets Online – Online Web
“We have always believed in the power of creation through exploration. This partnership is a testament to our mission to empower children to think beyond the obvious and literally chase the stars,” said Karan Bajaj, Founder and CEO of Whitehat Jr., in a statement. .
Byju’s in talks to acquire US-based reading platform Epic: Reportedit
Business Standard – Online Web
Edtech decacorn Byju’s in talks to acquire US-based online reading platform Epic, according to TechCrunch. The acquisition is expected to help the Bengaluru-based Byju’s to deepen its footprint in the US market.
Byju’s raises Series F Round led by MC Global EdTech Investment Holdingsedit
CIOL – Online Web
Edtech decacorn Byju’s has raised Rs 3,328.23 crore or close to $460 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP, reported Entracker. In the round, the company has alloted 1,40,233 Series F CCPS at a face value of Rs 10 and a premium of Rs 2,37,326 per share to raise the sum.
BYJU’S Becomes Second Highest-Valued Indian Startup After $460 Mn Fundraiseedit
The Financial Express – Online Web
Bengaluru-based edtech giant BYJU’S has now become the second highest-valued Indian startup, trailing only digital payments giant Paytm, after raising INR 3,328 Cr (about $460 Mn) as a part of its ongoing Series F funding round.
IE100: The list of most powerful Indians in 2021edit
The Indian Express – Online Web
84. Byju Raveendran, 40. He runs the world’s second largest ed-tech platform. The company has revolutionalised India’s private education system by tackling product challenges. In the year that ended on March 31, 2020, the company reported revenues of Rs 2,800 crore — more than double from the previous year. Byju’s acquired online coding platform WhiteHat Jr for $300 million in 2020, making it the biggest acquisition deal in the edtech sector. What Next Byju’s is shifting its focus to an all=inclusive edtech ecosystem and is now targeting the offline segment as well.
Byju’s raises $450 Mn led by MC Global Edtech Investmentedit
Entrackr – Online Web
Edtech leader Byju’s has raised Rs 3,328.23 crore or close to $450 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP. While this is the maiden investment round for the Bengaluru-based company in 2021, it has gathered a little over $1 billion in the ongoing fiscal year or FY21.
When paper money goes digitaledit
India Times – Online Web
Edtech major Byju’s is in talks with a clutch of investors including B Capital to raise around $500-600 million financing that could propel its valuation to as much as $14-15 billion, three people in the know of the development told ET.
Byju’s in Talks with B Capital, Others to raise $500-600 medit
Live Mint – Online Web
Byju’s is in talks with a group of investors to raise around $500-600 million in a new financing round that could propel its valuation to as much as $14-15 billion, according to three people in the know of the development, as the edtech major prepares for another round of bigticket acquisitions amid a rush of risk capital for Indian internet startups.
WhiteHat Jr.’s search for Tech Leaders steered by Purple Quarteredit
The Week – Online Web
With the requirement of online classes throughout the pandemic, the EdTech ecosystem has shot up to be the hottest sector. The EdTech startup, WhiteHat Jr., which was acquired by industry leader Byju’s in a $300 million deal last year, plans to introduce multiple new avenues of growth through technology over the next few months. To accommodate the augmenting tech requirements, the search for exceptional tech talent has also significantly escalated. The Bengaluru-based tech-head search firm, Purple Quarter has assisted WhiteHat Jr close multiple leadership positions recently.
Vedantu’s new campaign gets India ready for ‘Learning Ka Comeback’edit
ET Brand Equity – Online Web
Vedantu has launched its new ad film across all channels for its student-centric initiative V.O.T.E. (Vedantu Online Talent Exam) to address the academic gaps and loss of learning in 2020. The organization is democratizing India’s education through a National, student-centric program that will help kids prepare first-hand and achieve their academic goals this year.
Unacademy takes over e-learning site Handa ka Fundaedit
Live Mint – Online Web
Online learning platform Unacademy has acquired Handa Ka Funda and onboarded founder Ravi Handa, a prominent educator for CAT and MBA entrance exams. Handa ka Funda is a website started by Handa that offers online courses for various exams.
Vedantu eyes 1 Million paid users by FY22endedit
Elets Online – Online Web
Live online tutoring platform Vedantu has seen a significant increase in the number of users entering the platform and the company is aiming for its paid user base to reach one million by March next year. Vedantu, which rivals players like Byju, has also launched a national initiative: V.O.T.E (Vedantu Online Talent Exam), which includes an assessment test for students in grades 5-12.
Edtech platform Vedantu aims for 1 million paid users by March, 2022edit
Business Standard – Online Web
Online live tutoring platform Vedantu has seen significant growth in the number of users coming to the platform, and the company aims for its paid userbase to touch one million by March next year. Vedantu, which competes with players like Byju’s, has also launched a national initiative – V.O.T.E (Vedantu Online Talent Exam) that will include an assessment exam for students of grades 5-12. “2020 and the pandemic has had a major impact on the industry and the company. This is the year when the category and the category awareness shot through. The challenge was around making parents aware and understand the format, and get them to trust the format because their default ...
Vedantu’s latest Intrigue Campaign – Why Kids are casting thier V.O.T.E?edit
Ad Gully – Online Web
Vedantu, a pioneer in LIVE online learning in India, is creating quite a stir with their new intrigue campaign on how kids who are under the age of 18, will V.O.T.E. But the question is how can underage kids V.O.T.E.? Starting 18th of March, millions of kids who are under the age of 18, will V.O.T.E.! What is this #VoteforComeback? This V.O.T.E. has nothing to do with our country’s elections, instead it is Vedantu’s intriguing campaign that has left Twitterati in a tizzy. This was trending on Twitter, over the weekend for #VOTELeak2021.
Trailblazing Women Leaders Win Top Awards at First MAKERS Conference in Indiaedit
ANI News – Online Web
Country Head, Intel India & VP, Data Center Group, Intel Corporation was honored with the Tech in innovation Award, for being a trailblazer in her field, and champion for womens inclusion at the workplace. Divya Gokulnath, Co-Founder BYJU’S was awarded the Women Entrepreneur of the Year for her progressive leadership at the World’s most valued edtech company.
#TMS2021: Product Strategies That Helped BYJU’S Become One Of The World’s Most Valuable Edtech Startupsedit
Inc 42 – Online Web
Founder and CEO of edtech unicorn BYJU’S, Byju Raveendran talked about building edtech solutions for Bharat and scaling it up. He suggested ways to build engaging content and measure effectiveness from his experience leading the company. Raveendran also highlighted new areas within edtech where there is scope for innovation during the fireside chat with General Atlantic’s Sandeep Naik.
Key Takeaways From Gaurav Munjal And Bhavin Turakhia’s Fireside Chat At #TMS2021edit
Inc 42 – Online Web
In a free-flowing conversation, Munjal and Turakhia discussed their approaches to overcome the bias for execution, deciding and validating an idea, evaluating product-market-fit, and coming up with products with 10x improvement. Munjal stressed the importance of trying out many different products – even up to 10 per day – in order to get a first-hand feel of how products work and can be improved. Turakhia on the other hand suggested an innovative test for evaluating product-market-fit: “find out how many of your users will be very disappointed if your product disappeared from their world tomorrow.
Who is Divya Gokulnath : All You Need to Know About Byjus Cofounderedit
She the people – Online Web
Who is Divya Gokulnath, the cofounder of Byju’s Learning App Born to a middle-class family in Bengaluru, Gokulnath’s story started with humble beginnings. A young woman who puts values ahead of everything else, started out as a teacher at Byju’s when the company was just an offline outfit. Her passion for teaching got her to the company but it was her flexibility to learn and adopt to a tech-first environment that got her to surge with Byju’s.
FILA 2021 Entrepreneur for the Year: Byju Raveendran’s global ambitionsedit
Forbes – Online Web
What counts is not just changing, but also scaling fast. “You make mistakes, then you learn from them and improve, and when you see that the next one is working, scale fast. You can’t take 12 months of ideation, you need to think of it in the shortest possible time and launch and figure out what is working, what the users want,” he says on a Zoom call.
Unacademy ad illustrates need for teaching youngsters to ‘respect boundaries’edit
Afaqs – Online Web
In Unacademy’s latest spot, it’s about a brother’s protective nature toward his sister expressed in the form of brawls. It turns out that the brother had discovered a love letter written by Robbie to his sister. And being the big protective elder brother, he decided to set Robbie straight and, as a result, suffered a bruised face. So noble, isn’t he? No, he is not. Why? Because he opened her bag to discover the letter. Now, that’s overstepping boundaries, isn’t it? This is what his father explains to him as he gets annoyed over his father’s indifference and lack of support for his right and courageous act.
Ed-tech firm Vedantu to hire 2,500 people in next 3 monthsedit
MINT – Delhi
Ed-tech firm Vedantu to hire 2,500 people in next 3 months Ed-tech platform Vedantu on Tuesday said it aims to hire 2,500 employees in the next three months across the board, like product, technology, academics and business, to make deeper inroads into smaller towns and cities.
Divya Gokulnath On Byju’s Global Plans, Being Couple & Cofounders And Women Entrepreneurshipedit
Shethepeople – Online Web
What’s really helped us is that we have been very fixated on our mission and flexible with our execution. If you asked me ten years ago what is it that you guys want to do, the answer would be: we want to create an impact in the way child learn. If you ask us today, the answer will be the same. If you ask us tomorrow, our answer will be the same. So very focussed but we have flexible with the way we have done it and positively disrupted the space. So the future for us looks much more impactful than it is today. We have 80 million children on our platform. COVID ...
Jaspal Singh: A focused leader who is mentoring lakhs of young brainsedit
News Heads – Online Web
To create a strong and professional educational ecosystem, Jaspal Singh is currently working as an educator with Unacademy, India’s leading online education platform. During his association with MadeEasy, India’s most popular academies for ESE preparations, Jaspal Singh has also successfully mentored lakhs of young brains.
Byju’s nears $150 million acquisition of edtech rivaledit
Tech Hindustan Times – Online Web
India’s biggest e-learning startup, Byju’s, is close to signing a deal to acquire rival Toppr Technologies Pvt. in a transaction valued at roughly $150 million, according to a person familiar with the matter. Toppr provides online learning materials to students in grades 5 through 12 and its backers include SAIF Partners and Helion Ventures.
Future of Work: Vamsi Krishna on how Vedantu makes learning ‘safe’ and ‘interactive’ in the new normaledit
Yourstory – Online Web
“Earlier, parents and students thought of online as a not-so-serious option. Then in 2020, online became the only option. We saw a marked difference in the attitude of parents. There was a shift in their mindset about online education, and a lot of parents started trusting the new way of learning and teaching,” Vamsi explained. As the top guy at Vedantu, one of India’s leading K-12 education startups, he has been witness to the massive behavioural shifts taking place in teachers too.
BYJU’s Plans to Go Global, Beyond Language & Geography, Says Co-Founder Divya Gokulnathedit
News 18 – Online Web
Byju’s Talking about whether there is appetite for people to use Byju’s to supplement the online learning that they already have in school, she said that Byju’s role will be to create self-paced and self-initiated learners. And it’s always used to supplement what they learn in school to reinforce concepts better, she added.
WhiteHat Jr revenue crosses Rs 16 Cr in FY20, losses surge over Rs 53 Credit
Entrackr – Online Web
Edtech decacorn Byju’s has been in the headlines for the last few weeks for back-to-back acquisitions. The company has recently taken over Scholr while it is close to acquiring Toppr and Aakash Educational Services. But the deal which started it off was the $300 million worth acquisition of WhiteHat Jr in August last year.WhiteHat Jr’s acquisition by Byju’s was one of the largest merger and acquisition deals in the Indian startup ecosystem in 2020. While there could be several merits behind the acquisition, WhiteHat Jr’s consistent growth and $150 million annual run rate or ARR in a few months of FY21 appeared to have triggered Byju’s appetite.
Edtech consolidation: Why market leaders BYJU’S and Unacademy want to redefine growth via M&Asedit
Your Story – Online Web
Edtech’s sensational rise in the pandemic is well-documented by now. But, of late, deals in the sector have become a bit of a ‘blink-and-you-miss-it’. Typically, there have been two to three deals per week, eight to nine per month, and more than 70 in the last 11 months from March 2020 to February 2021, according to YourStory Research. These deals include both funding announcements — edtech was India’s most-funded sector in 2020 fetching a record $2.2 billion in venture capital as per IVCA — as well as mergers and acquisitions (M&As) that have picked up pace in the last two quarters.
Unacademy launches inspiring campaign featuring Sachin Tendulkaredit
Mint – Online Web
The new film is a part of Unacademy strategic partnership with Tendulkar where he has made an undisclosed amount of investment in the company coming on board as brand ambassador. As part of the deal, he will share his life lessons, mentoring Unacademy learners through a series of live interactive classes, which will be available free of cost. Unacademy is also working on a deeper content-led integration with Sachin in the sports learning category. The details of this integration will be unveiled in the next few months.
Why Toppr had to sell to Byju’s the inside storyedit
Money Control – Online Web
Toppr was growing, but not quickly enough; it had revenues but they were not large enough. And it has never been profitable. Given this it had to either keep raising money or get taken over. This is the story of how Toppr was gobbled up by Byju’s, pieced together by weaving disparate strands from investors, competitors, people inside the two companies, and others.
LeadSquared extends partnership with Vedantu for student learning experienceedit
Tech Circle – Online Web
Just a week after customer relationship platform LeadSquared partnered with edtech major Byju’s, it has extended its partnership with edtech firm Vedantu. Through this strategic partnership, LeadSquared will help Vedantu provide better learning experiences to students, even before they enrol, it said in a statement.
Whose hat are we wearing now, Karan?edit
The New Indian Express – Bangalore
WhiteHat Jr, the EdTech company that conducts live coding classes for children, was founded by Bajaj in 2018. The growth has been tremendous since then, especially after the introduction of the new National Education Policy that promotes coding in schools.
Industry
How Khan Academy used Zendesk to help remote learners during a global pandemicedit
Yourstory – Online Web
COVID-19 pandemic has elevated some organisations to unique positions for their abilities to bridge enormous gaps caused by widespread shutdowns. Khan Academy is one of them. The eponymous non-profit, created by Salman ‘Sal’ Khan in 2008, has long been known for its free educational offerings in math, science, and the humanities. Teachers and parents use Khan Academy’s free tools to track students’ progress.
Payment companies face tighter RBI normsedit
The Economic Times – Online Web
The Reserve Bank of India (RBI) has tightened its supervision norms over payment companies storing customer data, amid a slew of cyber-security breaches at Indian tech startups over the last few months. From April 1, all licensed payment system operators (PSOs) will have to submit detailed “compliance certificates” to the central bank twice a year, signed by their CEOs or managing directors, confirming adherence to all RBI regulations around security and storage of payment data.
Start-ups must take quick decisions: Byju’s co-founder Divya Gokulnathedit
India Today – Online Web
In the ed-tech space, there is certainly no playbook for success. For any start-up, it is important to take a call quickly. The time taken between decision and implementation must be minimal, else the idea becomes redundant. During the pandemic, we saw 35 million students download the app in just six months. Today we have 80 million learners. We had multiple product launches in record times and with the teams working offline. We have valued people over processes. Our top leadership has remained intact. We go together from one level to the next. For a start-up, numbers don’t lie—see the numbers and add a spoonful of intuition and that’s the recipe for success.
Edtech sector set for giant leapedit
The Hans India – Online Web
According to Indian Private Equity and Venture Capital Association (IVCA) and PGA Labs data, Indian edtech startups raised over $2.2 billion in 2020 as compared to $553 million in 2019. While K-12 and test preparation companies accounted for the largest share of $1.98 billion, followed by continued learning ($142 million); higher education attracted an investment of $84 million, pre-K at $12 million and B2B edtech companies at $7 million. Out of the $2.2 billion raised last year, $1.35 billion was raised by Byju alone. Similarly, another major edtech player Unacademy joined the unicorn club last year after two rounds of fund raising which put the valuation of the company over $2 billion. Another edtech ...
‘India’s digital transformation even faster than China’edit
The New Indian Express – Bangalore
While a large number of people are using the internet for good, there are some who use it for purposes that are not right, whether it is hate of speech of a certain kind or spreading content that shouldn’t be easily accessible, said Ajit Mohan, VP and MD, Facebook India. Citing the example of WhiteHat Jr, which recently got acquired by BYJU’s, Mohan highlighted the role Facebook plays in online education.
Edtech platform Great Learning collaborates with Jain Universityedit
The Financial Express – Online Web
Edtech platform Great Learning has tied up with Jain (deemed-to-be university) Bengaluru to offer contemporary online degree programmes in high-demand domains that are seeking a skilled workforce.
AI And EdTech: A Match Made In Heavenedit
Forbes – Online Web
While it is generally known that AI can be used to understand student learning patterns and improve learning outcomes, this is not the only AI innovation that has occurred in EdTech. I cover three unexpected areas where innovative AI has been applied with great effect to help kids and families.
Main board listing is the holy grail for startup foundersedit
ET Markets – Online Web
Public markets have been buzzing with optimism for the future. The stellar public listing of Happiest Minds, Mrs Bector, D-Mart and others coupled with surge in markets is prompting many a startup to unlock value by listing on the bourses. India is also set to ease rules to encourage startups to go public on the Innovators Growth Platform (IGP), providing an exit route for startup investors and help public access the high growth digital era companies.
Unicorns of 2021: Five Star Finance latest entrant to $1B club; takes total number to 3edit
Your Story – Online Web
The potential soonicorns poised to turn unicorn in 2021 include agritech startup CropIn, social commerce SaaS Meesho, e-pharmacy startup Pharmeasy, logistics company BlackBuck, auto-tech startup CarDekho, hyperlocal consumer services firm Urban Company, and edtech startup Vedantu, among others.
Global $2.38 Billion Online Tutoring Markets, 2015-2019, 2023F, 2025F, 2030Fedit
Yahoo Finance – Online Web
Major players in the online tutoring market are Vedantu Innovations Pvt. Ltd., China Distance Education Holdings Ltd., Chegg, BYJU’S, Embibe, Khan Academy, TutStu Education, Club Z! Inc., iTutorGroup, and New Oriental Education & Technology Group.
Amazing search tools! Important message from Google for parents, students and teachersedit
Zee Biz – Online Web
You’ll be one click away from learning resources from educational providers like BBC Bitesize, Byju’s, Careers360, Chegg, CK12, Education Quizzes, GradeUp, Great Minds, Kahoot!, OpenStax, Toppr, Vedantu and more.
Sequoia Capital India Gets $195 Million For Start Upsedit
Tech Story – Online Web
The list is even more exhaustive but the major companies that have proven their callibre in the market belong to their portfolio list like Zomato, Truecaller, BYJUs, wild raft, Just Dial, Whatsapp, Freecharge, Prizm, Vini Cosmetics, Apple Google, Airbnb, Tokopedia, Cisco, Practo, Dropbox, LinkedIn and Mu Sigma. They have a team of investment advisors, specialists, investment analysts through their strategic development process
How the lockdown changed businesses foreveredit
Fortune – Online Web
It would be an understatement to say that the pandemic has changed life. It has brought in disruptions—of the kind we had never thought of. Initially life came to a halt and then, before we knew, new models of conducting life emerged: be it how we led our daily lives, how we educated ourselves, consumed entertainment, socialised, et al. Year 2020 was also the year of the unicorns. As many as 11 new unicorns, like Nykaa, Unacademy, Zerodha, Razorpay, Postman, etc. emerged during the year. And India is now well on its way to achieve 100 unicorns by 2025.
Indian apps need to be given time to establish themselves: Varun Saxena, CEO and founder, Bolo Indyaedit
Gadgets Now – Online Web
Top Bolo Meets categories, according to the company, include Astrology, Lifestyle, Fitness, Language Learning, Singing, Dancing, Standup Comedy and Instrument Learning In an interview, Varun Saxena , CEO and founder, Bolo Indya talks about the Indian app ecosystem and more.
From a small elite to the Next Half Billion: The evolution of the Indian entrepreneuredit
The Economic Times – Delhi
Already, thanks to the internet and mobile phones, children from lower-middle-income families have access to quality teachers conducting live classes on a platform like Vedantu. Technology has enabled companies like Kaleidofin to reach those earning less than Rs. 25,000 a month and offer them an opportunity to save and invest prudently.
Let’s flip the coin – focus on higher education outlook first, employability will naturally follow!edit
The Times Of India – Online Web
To that end, entities such as EdTech companies can bring in value by helping in the mass facilitation of enhanced employability-centric curriculum. A few new-age EduTech enterprises are already achieving milestones in designing industry-centric curriculum for universities and have integrated courses on modern technologies that include the likes of AI, Blockchain, Data Science, Cybersecurity, IoT, thereby designing a model of thinking in an interdisciplinary manner. Considering the partnerships between higher education institutions and Ed-Tech companies with their industry-led.
Handa’s new Funda: From Academy to Unacademyedit
Forbes India – Online Web
The first thing that strikes you about Ravi Handa is his brutal honesty. A teacher, after all, needs to be upfront. The IITian starts the conversation by making two candid confessions. First, he reveals his weak spot: Computer science. “I was bad at it, and I mean really bad,” smiles the 37-year-old edtech founder of online CAT (common admission test) and MBA coaching venture Handa ka Funda. An IIT-Kharagpur alumnus, Handa has dual degree (BTech and MTech) in computer science and engineering. Earlier this week, Handa ka Funda was acquired by edtech major Unacademy for an undisclosed amount.
VC firm Sequoia Capital closes second seed fund at $195 million to back startups in India, Southeast Asiaedit
The Financial Express – Online Web
Through the Surge programme, startups are able to raise $12 million and access mentoring from Byju Raveendran, Creds Kunal Shah, Freshworks Girish Mathrubootham, GOJEKs Nadiem Makarim, Googles Rajan Ananadan, OYOs Ritesh Agarwal, Zomatos Deepinder Goyal, etc. Each cohort has a size of 10-20 startups.
Entrepreneurs must use data, facts, not personal biases’edit
The Times of India – Delhi
Entrepreneurs must use data and facts to take decisions in every transaction said Infosys founder NR Narayana Murthy during a panel discussion at EY Entrepreneur of the Year Awards 2020. Murthy also emphasised that the interest of the company must always come ahead of the interest of the individual and that, when in doubt, disclose it. These are some principles the IT services major has been following right from inception.
Discovery Kids rides high on the viewership as the channel records 18-20% rise in Q1 2021edit
The Financial Express – Online Web
It has been almost a year with children attending online classes and being at home. Being homebound children have spent more than watching television. As a result, kids channels witnessed a 27% rise in viewership — which secured a seven percent share in the TV viewing genre, according to Broadcast Audience Research Council (BARC) India data. Discovery India’s kids television channel Discovery Kids also claims to have benefited from the same. “We saw a high viewership last year primarily due to covid but also because of the robust pipeline of content we had. Viewership has been constantly increasing with the channel recording a 18-20% rise in the first quarter of 2021 ...
Edu start-up Masai School gets USD 5 mn funding led by Omidyaredit
DT Next – Chennai
Closing its second round of funding in less than a year, edutech start-up Masai School on Thursday raised $5 million or Rs 36.2 cr in series-A round from a clutch investors led by Omidyar Network India and others.
How can Indian entrepreneurs institutionalise moat creationedit
Yourstory – Online Web
It’s a no-brainer that every startup needs an edge — or formally known as a moat — which gives the company a margin to stay strong in any market conditions and competitive landscape. Yet, most successes in the Indian startup ecosystem seems to have been a result of entrepreneurs discovering a moat and reinforcing it consistently over time. Indian startup founders seem to make little conscious effort at creating and defending what might be their company’s distinct competitive advantage.
CBSE launches competency based assessment framework aligned with NEP for classes 6 to 10edit
Financial Express – Online Web
The framework is a part of the CBSE Competency-Based Education Project that aims to replace the existing rote learning model as directed in the new National Education Policy over the next 2-3 years. The Central Board of Secondary Education (CBSE) on Wednesday launched a competency-based assessment framework for classes 6-10 for three subjects — English (reading), Science, and Maths.
Speak English like Shashi Tharoor, says language app ad; Tharoor fumesedit
Business Today – Online Web
Congress Member of Parliament and former UN Under Secretary General Shashi Tharoor’s mastery over the English language is known to all. An endorsement by English language speaking app Blackboard Radio (BBR) Learn English by Speaking, that tapped in on the same, has not gone well with the parliamentarian.
Learning startup Zotalabs raises fundsedit
News Barons – Online Web
Zotalabs plans to use the seed fund for team development, product growth and technological enhancements. It also aims to expand its presence across South-east Asia and develop deeper insights for learners in the K-12 segment. Building on a surge in demand for online education, Zotalabs has raised $100,000 in its seed funding round. The company aims to create a subscription-based platform to provide students access to K-12 education globally from multiple educational institutions.
Apple Teacher Portfolio: Apple unveils new tools for teachers, apps for students Latest Newsedit
Gadgets Now – Online Web
Digital learning has come a long way in the last 12 months. Apps, multiple tools to make teachers and students lives easier have come up. To further enhance its presence in the sphere of education and learning, Apple has announced a slew of tools for teachers and students.
AI and Automation to Make Content and Learning Accessible to Every Type of Useredit
The Tech Panda – Online Web
The spike in the e-learning market has speeded up digital adoption and democratized learning, bringing about the adoption of powerful Artificial Intelligence (AI)driven modern learning solutions. According to Facts and Factors, the EdTech sector is expected to reach USD 374.3 Billion by 2026.
Google adds practice problems, detailed step-by-step math explainer to Search Latest Newsedit
Gadgets Now – Online Web
For instance, searching for topics like chemical bond practice problems will open learning resources from educational providers like BBC Bitesize, Byju’s, Careers360, Chegg, CK12, Education Quizzes, GradeUp, Great Minds, Kahoot!, OpenStax, Toppr, Vedantu, and more, said Google
Accelerate with caution, do not fall into bad habits of the past: Sequoia India’s GV Ravishankaredit
Money Control – Online Web
Sequoia India’s Managing Director GV Ravishankar spoke to Money control’s Chandra R Srikanth on how Indian startups have fared in the last one year if there is froth amidst the funding exuberance, and the big themes he is bullish on. Ravishankar’s portfolio includes investments such as Byju’s, Five Star Finance, Rebel Foods, Prataap Snacks, and Wildcraft.
One year of lockdown: 10 Indian startups that rode edtech’s hockey stick curve in the pandemicedit
Yourstory – Online Web
In the last 12 months of the pandemic, online education (edtech) has not only topped user growth and VC funding, but also Twitter trends and Google searches. Between April and December 2020, ‘edtech’ searches gained 60 percent on the Indian internet, according to Google Trends. Searches for individual companies such as BYJU’S, Vedantu, Toppr, and others that cater to India’s 265 million school-going students — the highest in the world — gained even further.
Embedding Technology in Education: The Potential of India’s Solutions in East Africaedit
ORF Online – Online Web
India and the countries of Africa share common challenges in their education systems, among them, weak teacher capacities and lack of basic infrastructure. In India, technological interventions have been able to address some of the challenges at scale. Africa has met with less success in this regard, as governments prioritise the provision of hardware without addressing the systemic issues that hamper the adoption of such technologies. Current research on diffusion of technology for development focuses on creating an enabling environment for the private sector, and in particular, startups. This brief argues that in education, technology transfer should not just comprise the private sector but also the broader ecosystem (comprising of civil society ...
Edtech major to impact One million plus workforce through its B2B offering, upGrad for Businessedit
India Education Diary – Online Web
upGrad, India’s largest online higher edtech, is all set to add yet another milestone to its credit by impacting additional one million plus professionals in the workforce through its B2B offering, upGrad for Business.
Coursera aims at around $4 billion valuation in U.S. public listingedit
Tech Story – Online Web
Coursera is a Mountain View-based online education technology start-up that is known for partnering with colleges, universities and organisations in order to provide classes and courses on its platform. Recently, according to the regulatory filings, it has been revealed that the EdTech platform is looking to target for over USD 4 billion valuation in its United States Initial Public Offering.
Collaborative Learning Is Keyedit
The Pioneer – Delhi
It will reinvent the online learning space in the years to come. Through AI, student learning abilities will be estimated, which in turn will help us to bring modifications in the learning process.
Alibaba-Backed Edtech Startup Hires CFO Ahead of Likely U.S. IPOedit
Bloomberg Quint – Online Web
Loosely translated as homework assistant, Zuoyebang is a spinoff of Chinas search engine titan Baidu Inc Founded by former Baidu executive Hou Jianbin in 2015, the startup has raised at least $34 billion from investors including SoftBank Vision Fund, Goldman Sachs Group Inc 4 billion from investors including SoftBank Vision Fund, Goldman Sachs Group Inc.
This 20-Something Founder is Democratising Education the OTT Wayedit
Entrepreneur – Online Web
Explaining the two-pronged objective, the founder and CEO says: “In India, nearly 85 percent population earns below INR 8 lakh annual income, yet expenses of a private school, which fare better in terms of quality education, of a single child have risen from INR 55,000 in 2005 to INR 1.25 lakh in 2015. Limited access to quality education in India has led to a surge in tuition culture, which accounts for 15 percent of the total expenditure on private education and about 12 percent of the average family income going towards tuitions.” Eduauraa is trying to close this gap by providing the best quality education at affordable price points so that every child gets a ...
Maharashtra Govt trains 51000 teachers under British Council, Tata Trust projectedit
India Today – Online Web
Teja’s, an innovative teacher training project delivered by the British Council in association with Tata Trusts and the Maharashtra State Government, has reached its successful completion. The project that set out to benefit primary school teachers and students across government schools in Maharashtra through improved English language proficiency, has been successful in achieving its goals.
Startups developed newer business models to sustainedit
Telangana Today – Online Web
Startups working in the online space like edtech, fintech and others had newer options opening up. The lockdown opened up new avenues for online content delivery platforms and in the new normal people got acclimatised to online classes and that has helped startups who are in the edtech space launch content online.
India launches cloud computing upskilling solutions to enable students and entrepreneursedit
Biospectrum Asia – Online Web
The Atal Innovation Mission (AIM), the National Institution for Transforming India (NITI Aayog), and Amazon Web Services (AWS) recently announced new initiatives to empower students with cloud computing skills and enable entrepreneurs to build innovative education technology (EdTech) solutions on the cloud.
Bengaluru-based Edtech startup Scaler announces free Covid Vaccination for all employees & dependent family membersedit
India Education Diary – Online Web
Scaler, a leading edtech startup for upskilling students and working professionals, has announced plans to vaccinate all its employees and their immediate family members as part of a workplace wellness initiative.
How is COHIRE helping startups hire CxO and reducing their cash burns?edit
CIOL – Online Web
A new age concept aligned to Gig Economy, COHIRE is custom-built to work for young companies looking to scale-up fast on low cash burns. It is to people what co-work is to spaces. Here startups/SMEs/ Companies can hire C-Level managers on a shared basis. Thus, they can enjoy the full benefits of a proven CXO at a divided cost. The concept is founded on the belief that top talent is hard to get. By enabling it to be shared (or Co-Hired) this concept simply maximizes the availability and accessibility of such talent.
Star Sports signs 14 sponsors for VIVO IPL 2021edit
Afaqs – Online Web
Star Sports, India’s leading sports broadcaster, has begun the countdown to VIVO IPL on a strong note with 14 sponsors already on board for this season. The broadcaster announced Dream11, Byjus, Phone Pe, Just Dial, Bingo, Kamla Pasand, AMFI, Frooti, Asian Paints, Thums Up, Vodafone-Idea, Mondelez, Amazon Prime, and Groww as sponsors a fortnight before the tournament.
Elevation Capital partners Think Capital to build SPAC route for Indian startupsedit
Live Mint – Online Web
Elevation Capital, earlier known as SAIF Partners, has tied up with San-Francisco-headquartered Think Investments LLC to float blank check company called Think Elevation Capital Growth Opportunity, focused on Indian technology companies looking to list in the US. Elevation Capital has invested more than $1.5 billion in capital in over 125 companies as of December, such as Paytm, Makemytrip, Swiggy, Justdial, FirstCry, Meesho, ShareChat, NoBroker, Unacademy and Urban Company.
AI and ML to Further Revamp the EdTech Sector Here’s How!edit
Analytics Insight – Online Web
There are several AI applications in education. Both teachers and students profit from the innovation. The education industry will benefit from AI in a number of ways. Byju’s, Vedantu like e-learning sites, in particular, are offering educational institutions a competitive advantage. It has introduced artificial intelligence (AI) e-learning software to connect with students and has more customized tutorials.
Startup Street: Just Three Sectors Took Home 75% Of Venture Capital Funding In 2020edit
Bloomberg Quint – Online Web
Consumer technology, software as a service and fintech were the red hot sectors in India’s startup ecosystem cornering almost three-fourths of venture capital funding. Of the $10 billion invested by venture capital and private equity in 2020, $7.6 billion was directed towards deals in these three sectors, according to Bain & Company’s India Venture Capital Report 2021. Consumer technology startups—that include food-tech, edtech and gaming, among others—attracted the most investor interest, the report said. Total deal value in the sector has more than doubled since 2018, with edtech and food-tech accounting for the bulk of it.
EdTech startup plans to onboard 1,000 new employeesedit
UNI India – Online Web
Indian EdTech platform, Lido Learning, is looking to hire close to 1,000 new employees in March 2021. The company, offering live online tuition classes in English, Maths, Science, and Coding to students from KG to standard 9, will soon roll out its Grade 10 CBSE program as well.
India’s ecommerce sector to touch $99 bn by 2024edit
Fortune – Online Web
According to the report, last year, India’s edtech startups raised over $2.2 billion in funding with Bengaluru-based Byju’s alone accounting for $1.4 billion in funds raised. The pandemic has accelerated the growth of the edtech sector in India as the market size is estimated to grow 3.7x in the next five years, from $2.8 billion in 2020 to $10.4 billion by 2025.
IPO Season: When Indian game companies go publicedit
Telangana Today – Online Web
The experience is quite good, and this is a worthwhile venture for Nazara. I expect the app to keep growing as it is subscription-based and while Byju’s offers a better experience with its partnership with Disney, Nazara’s offering can keep narrowing the gap if they continue to be committed towards building a more intuitive experience.
Hero Group Forays Into Edtech, Begins Hiring For Key Positionsedit
Inc 42 – Online Web
“As part of our continuous efforts to reach out to more and more students across the country, we are in the process of building a new edtech platform. Our vision is to offer uniquely designed programs across domains and functions that are mapped to real roles and industry-demand,” reads a job posting on iimjobs for ‘Head – Human Resource’ at the new startup. “The focus will be on disrupting and reimagining university education and skilling for working professionals by offering high-impact online certification and degree programs. It’s time to put the fun back into learning!” reads the posting.
EdTech cos will be multi-compounders for many years, says General Atlantics Sandeep Naikedit
CNBC TV18 – Online Web
Naik is bullish on the India story and has taken big bets on the world’s most valuable ed-tech company BYJU’s and its rival Unacademy. In 2020, Naik was also part of the investor consortium that backed Reliance Jio, taking India’s consumer tech story to middle India or the proverbial Bharat. General Atlantic has pumped in more than $4 billion into India since 1999.
Current moment in road to recovery: VC firm Sequoia tells founders and CEOsedit
Business Standard – Online Web
In India, Sequoia counts Byju’s, Zomato, and Freshworks among its top portfolio The company said last July that Sequoias Limited Partners has collectively committed $1.35 billion to two new India funds. This includes a $525 million venture fund and $825 million growth fund.
BYJU’s, Car24, Nestle bosses among EY Entrepreneur of the Year finalistsedit
CNBC TV18 – Online Web
Global management consultancy firm EY has announced 14 finalists for the 22nd Entrepreneur of the Year-India (EOY) 2020 Awards. The list includes BYJU’s founder and CEO, Byju Raveendran, Vikram Chopra, co-founder and CEO, Cars24 Services, Nestle India chairman and managing director Suresh Narayanan, and Deepak Mehta, chairman and managing director, Deepak Nitrite.
India has 100 unicorn startups and here’s what they doedit
International Business Times – Online Web
Ever since the COVID-19 pandemic struck the world, the economic impact has been severe. While businesses suffered immensely due to the lockdown, which lasted for the better part of 2020, startups were the worst impacted. Many even had to shut down. 2020 had been a challenging year for companies, and those that powered through are slowly getting back on track. India, as a startup hub, was seen through a skeptical lens, but the reality is in contrast. Byju’s is an online learning startup that was valued at $11.1 billion as on September 2020. Like Byju’s, Unacademy is an online education platform that has since grown multifold. It is now valued at $2 billion and ...
Learning apps have boomed in the pandemic. Now comes the real test.edit
The Economic Times – Online Web
After a tough year of toggling between remote and in-person schooling, many students, teachers, and their families feel burned out from pandemic learning. But companies that market digital learning tools to schools are enjoying a coronavirus windfall. Venture and equity financing for education technology startups have more than doubled, surging to $12.58 billion worldwide last year from $4.81 billion in 2019, according to a report from CB Insights, a firm that tracks startups and venture capital.
Atal Innovation Mission and AWS partner for cloud skilling of students, edtech startups in Indiaedit
The Financial Express – Online Web
The Atal Innovation Mission, the initiative of the Government of India to promote innovation and entrepreneurship, today announced its collaboration with Amazon Web Services (AWS) for its AWS Educate programme to provide resources for students and educators to accelerate cloud-related learning in the country. The program will introduce the fundamentals of cloud computing such as cloud storage, virtual compute power, web hosting, artificial intelligence (AI), machine learning (ML), and virtual reality (VR), to students at around 7,000 Atal Tinkering Labs that are operational across schools in India.
Bridging the learning gap: How EdTech is bringing online learning to rural studentsedit
CNBC TV18 – Online Web
The COVID-19 pandemic has resulted in an acceleration of earlier EdTech attempts to provide students with an engaging and comprehensive learning experience through digital platforms. However, it is impossible to succeed in this endeavor without considering the presence of a significant learning gap in the country. A wide array of digital and hardware solutions is being brought into the EdTech industry. Still, these products are not reaching many potential customers – that is, the students in rural areas of India who, arguably, need it more than their urban peers. Why? Because of inadequate digital as well as internet penetration in rural and remote regions of India. Some EdTech players, for instance, are ...
Ameera Shah, Byju Raveendran, Darshan Patel, Mira Kulkarni amongst others win EY Entrepreneur Awardsedit
The Financial Express – Online Web
The 14 Finalists for the EY Entrepreneur of the Year 2020 India Awards are: Ameera Shah, Managing Director, Metropolis Healthcare; Byju Raveendran, Founder and Chief Executive Officer, Think & Learn (BYJUS); Darshan Patel, Chairman and Managing Director, Vini Cosmetics; Deepak Mehta, Chairman and Managing Director, Deepak Nitrite (DNL); Dinesh Agarwal, Chief Executive Officer and Managing Director, Indiamart; Harsh C. Mariwala, Chairman, Marico; Peyush Bansal, Founder and Chief Executive Officer, Lenskart Solutions; Samrath Bedi and Mira Kulkarni, Executive Director / Founder and Managing Director, Mountain Valley Springs India (Forest Essentials); Srinivas Sadu, Managing Director and Chief Executive Officer, Gland Pharma; Sunil Vachani, Executive Chairman, Dixon Technologies (India); Suresh Narayanan, Chairman and Managing ...
Deal frenzy and young startupsedit
The Economic Times – Online Web
The pandemic, at first, dried up funding for Indian startups and then opened the floodgates — so much so that some in-demand founders are now faced with a problem of plenty. The past few months reminded us of the go-go days of 2014-15 in many ways, as Apoorva Mittal and Sneha Shah report.
276 tribal schools in Telangana to be equipped with e-classroomsedit
The New Indian Express – Online Web
With Covid19 forcing the education sector to adopt virtual classrooms, 276 tribal schools under the Tribal Welfare Department will be transformed into e-learning classrooms. A proposal put forward by the department states that these classrooms will provide access to existing broadcasting studios via satellite network.
How e-learning and MOOCs would be the future of educationedit
India Today – Online Web
While the classes shifted online, e-learning caught on very rapidly. Dozens of firms joined the e-learning fray. According to Crunchbase, there are 598 companies in the space in India, and they have combinedly raised USD 3.1 billion across various rounds. This is a bandwagon that many have taken to with gusto. While many of them will fall by the wayside as the models can prove quite capital intensive and requires a lot of investment, e-learning is here to stay. It will no more be the monopoly of the corporates who used it for their training. According to data from the paper Online Education Market in India 2020-24, the online education market in ...
How digitisation and technology are shaping education in Indiaedit
The Hindu Business Line – Online Web
With the internet penetration rate estimated to reach above 55 per cent by the end of 2025 in India, digitisation of education remains one of the topmost priorities of our government. Taking the cue, many e-learning portals have appeared and are performing well as an increasing number of learners enrol themselves for online courses — the new normal post the pandemic.
Here’s how special educators overcame challenges as learning moved onlineedit
India Today – Online Web
It has been 9 months since the abrupt closure of schools globally due to the coronavirus outbreak. While teachers were faced with the task of ensuring continuity of learning, it has been especially challenging for Special Education teachers who grappled with this overnight transition.
Great Learning launches new logo representing brands guided growth philosophyedit
Afaqs – Online Web
It is this personalized attention and mentorship that has differentiated Great Learning and helped establish it as the most trusted edtech company in our space and enabled us to positively impact the careers and lives of our learners.
Five lessons for aspiring women entrepreneursedit
CNBC TV18 – Online Web
Who are your women role models I have always struggled with this question honestly. Growing up, I saw how successful men paved their path, created innovative products, lived daring lives, and were celebrated for it. But as times are changing, we see such a fresh wave of women entrepreneurs who truly question the status quo and rise to be incredible role models. Some names like Whitney Wolfe Herd became the youngest woman to take her company public. What a time to be alive!
In 2020, VC exits fell 70% while SaaS matured: Reportedit
Money Control – Online Web
2020s largest exits included edtech firm Byju’s acquiring coding upstart WhiteHat Jr for $300 million, and secondary share sales in food delivery firm Swiggy for $220 million, and insurance marketplace Policybazaar for $130 million, where early investors sold their stakes.
Why Is Kubernetes So Popularedit
Analytics India Mag – Online Web
Kubernetes popularity is on the rise with use cases in mission critical sectors such as finance, edtech, and traditional enterprise IT. However, Kubernetes face a few challenges. The extremely complex nature of developing and running distributed frameworks at scale is one of its main challenges. Despite this, experts believe Kubernetes will become a universal control plane to manage containers, virtual machines, and other modern applications.
Great Learning to host webinar on Thursdayedit
Telangana Today – Online Web
Great Learning, an edtech company for professional and higher education, is hosting a webinar on SEO Strategies for Digital Marketing on Thursday from 12 noon. The hour-long live session is free of cost and can be attended by anyone willing to understand the basic concepts of SEO strategies and how one can kick start a thriving digital marketing campaign, according to a press release.
Eduvanz provides convenient subscription-based Zero cost EMIs to parents to pay K12 school feesedit
India Education Diary – Online Web
Eduvanz, India’s top fintech Non-banking Finance Company (NBFC) that enables students to Study Now, Pay Later at 0% interest rates has pioneered Digital Lending for parents at Zero Cost to pay their wards school fees.
EdTech Startup Mokusei Intelligence, which offers up to 100% Funding & Sponsorship to BETA Testers for Covering Education Fees & Travel Expenses, Seeks Journalists, Students, Members of Media & Press to Become ‘Reviewers’ for vallued.aiedit
PR Newswire – Online Web
Mokusei Intelligence, a mass impact and education-centric tech startup which develops AI/ML-based algorithms and solutions to tackle social challenges, is set to launch its flagship mobile-only digital remote assessment app platform – vallued.ai – in May 2021. This app will be used to test Mokusei’s ‘cheating-detection’ edtech software for deployment later.
Singapore’s Jungle Ventures leads Series B round in overseas education platform Leapedit
VC Circle – Online Web
San Francisco-based Owl Ventures is no stranger to bets in India’s edtech space. Last year, it scored bumper returns following its exit from WhiteHat Jr after the company was acquired by sector giant Byju’s. The round in the United States and India-based Leap has been led by Singapore-based Jungle Ventures, with participation from Sequoia Capital India and Owl Ventures, the company said in a statement.
From Amazon To Zoom: A Year Of Tech In The Pandemic, By The Numbers!edit
Mashable India – Online Web
In the past year, we’ve spent a lot of time online. On March 13, 2020, the White House declared the COVID-19 pandemic a national emergency. Since then it’s been all video conference calls, FaceTime happy hours, virtual family gatherings, VR concerts, and endless screen time. It’s impossible to fully quantify how the pandemic has affected Americans’ relationship with tech, but we know we’ve downloaded tons of news apps, streamed obscene hours of Netflix, and attempted to de-stress with YouTube yoga. 81.1 million: Average number of monthly visits to online learning sites like Coursera and Khan Academy from March 2020 through the end of 2020 —a 43 percent increase from 2019, according to SimilarWeb data.
Building For Billions: Five Insightful Stories On Inclusive Product Design From #TMS2021edit
Inc 42 – Online Web
The new frontiers for growth are the next billions, diverse in ethnicity,language and behaviours. The prevalent UX methods need to be recontextualised for them, says Abhinav Chhikara, the founder of 10k designers. You can’t just take a tier 1 property to tier 3 without redesigning from the other side of the spectrum, notes Sourav Sarkar, head of design, Airtel while emphasising on why T-shirt sizing users doesn’t always work. Recounting his experiences during Covid lockdowns, Rohan Varma, design director at Urban Company observes that If you follow the basics of research,and do right moderation and stay neutral, you can manage to do UX research all by yourself if you are hungry enough
British Council begins language course at DNGCedit
The Arunachal Times – Online Web
Kolkata-based British Council in collaboration with the state’s higher education department launched a communicative English course at Dera Natung Government College (DNGC) here on Monday. Fifty students have been selected to participate in the 12-day course, which aims at improving English language proficiency, thereby increasing their employability and communication skills.
Boom in internet use prepares Indian startups to go publicedit
Telangana Today – Online Web
The e-tailing, online grocery, food tech, edtech, and e-health sectors are expected to witness a definite increase in consumer spending this year. With Covid19 expediting digital trends, the adoption of these online services has grown significantly.
Ankur Capital hits intermediate close of second fundedit
VC Circle – Online Web
Fund II will continue with Ankur Capitals’ core strategy. Sectors that it will invest in include health-technology, fintech, edtech, local language technologies, and deeptech. The fund will seek to make investments in 1618 companies and has already bet on four.
Start-ups see 37% more first-time global backersedit
The Times of India – Online Web
The success demonstrated by Indian startups in turning into unicorns (valued at $1 billion or more) and the massive global private equity investment drive in 2020 by Reliance Industries brought record global investor interest to the country’s startup ecosystem in the pandemic year. Other instances of global firms tapping India included Luxor Capital Groups investment in Zomato, Alkeon Capitals backing of Byju’s, and South Koreas NXC Corporation investing in DMI Finance International investment came in from over 15 countries.
Credit card payments platform CRED raising $200Mn at $2Bn valuation, second fastest Indian upstart to become unicorn: Reportedit
The Tech Portal – Online Web
The Indian startup culture has given birth to some of the biggest companies in the world, with digital payments company Paytm (India’s biggest startup) and online learning platform Byju’s (world’s most valuable edtech startup) serving as prime examples of the promise in the country’s growing market.
Edtech for Bharat: How this Dell Foundation-backed startup used WhatsApp to deliver learning to 10M rural studentsedit
Yourstory – Online Web
In the first two years, ConveGenius focused on building a tab-based learning solution, or “personalised learning in an offline device”. The product, CG-Slate, was “well-received” in government schools, low-fee private schools, and after-school learning centres across 16 states in India. The Noida-based startup partnered with tablet manufacturers – Samsung and Lava – to pre-install its software, and curated content from a bunch of learning companies like Mexus Education, Pratham Books, Chippersage, and so on.
Delhi to have its own education board soonedit
Sunday guardian live – Online Web
After chairing a Cabinet meeting, Kejriwal said, Delhi Education Board will function in close alignment with national and international boards. It would be tasked to develop world-class education practices that will enable the shift in teaching and learning practices across Delhi.
Online teaching certificates linked with DigiLockeredit
India Today – Online Web
Union Education Minister Ramesh Pokhriyal announced that in order to ensure hassle-free access to verified Online Teacher Pupil Registration Management System (OTPRMS) Certificates, the Ministry of Education has decided to link the certificates with DigiLocker.
COVID-19 and mental healthedit
The New Indian Express – Chennai
Since the pandemic, teaching has been inconsistent, with some students being able to fully engage in online learning and others facing obstacles that have slowed their progress. Another impact of school closures on well-being is that schools operate as the de facto mental health system for many children and teenagers, offering mental health services
Why Startups Should Worry About Cybersecurity Attacks In The Post-COVID Worldedit
Inc 42 – Online Web
Cyber attacks and breaches across major Indian startups have been in teh news lately. A company’s security strategy is as important as it’s business startegy nowadays. With the startup industry expected to boom soon, it is potent for CEOs and executives to focus their strategies to ensure a safe online business model.
Learning made easy with ‘Machine Learning’edit
The Hans India – Hyderabad
The education industry is one of the most thriving sectors in India. While the pandemic brought with it various challenges, it also helped in digital adoption across all businesses. This trend was especially witnessed in the education sector.
Yeh teacher toh hit hai!edit
MID-DAY – Mumbai
In 2017, when it hit him that he couldn’t wait for someone to give him a job, but could use the existing platform of the Internet to reach out to students, he started Khan’s Academy, a YouTube channel in which he speaks in Urdu to break down mathematic concepts across Class VIII, IX and X. COVID’s best surprise maybe teachers bringing in the moolah from online lectures popular with the state’s students.
Marwari Catalysts Ventures-backed Ed-Tech startup, ‘Noesis Learning’ is acquired by India’s leading higher education start-up – ‘ImaginXP’edit
Business Standard – Online Web
India’s fastest growing accelerator platform, Marwari Catalysts Ventures has always set its eyes on the booming sector of our country EdTech. It has passionately supported dozens of EdTech startups since its initiation and today one of its portfolio startups, Noesis Learning is making big headlines as India’s leading and successful higher education startup.
Funding in startups remains abuzz led by Icertisedit
The New Indian Express – Online Web
The startup ecosystem saw a lot of buzz this week with over $150 million fundraise by firms and a few M&As in the short content and edtech verticals. Pune-based Software as a service startup Icertis almost trebled its valuation at 2.8 billion with an 80 million Series F funding from the existent investor, B Capital Group.
#TMS2021 Is Here: 100+ Speakers, 40+ Sessions And 8 Things You Are Missing Out On!edit
Inc 42 – Online Web
Though India’s startup ecosystem has grown by leaps and bounds in the last decade, the country is still behind product nations such as the US and Israel. However, with teeming tech talent and a demographic dividend that the country is primed to capitalise on, there’s every reason to believe that India can become a product hub that not only caters to its 1.3 Bn population, but also creates tech-products that dominate the foreign markets. In an effort to bring together the country’s best minds who are determined to get India a place at the global high table of product nations, Inc42 Plus is hosting The Makers Summit — India’s largest virtual conference at the intersection of product, ...
GGV Capital’s Hans Tung on why the world is looking at the Indian startup ecosystemedit
Yourstory – Online Web
The quintessential Indian social conditioning of “failure is not an option” is visible even in the startup ecosystem. Indian startup founders are among the most versatile, resilient, intelligent, and hardworking people, and this attitude ensured the ecosystem was among the very few that swift-footedly weathered the downturn caused by the COVID-19 pandemic. Indian startups kept swimming even when the tides were against them and, overall, the startup economy weathered the pandemic and even managed some landmark wins.
Pandemic turns India into Edtech capital of the worldedit
The Times of India – Online Web
Many Indian ed-tech companies are witnessing a sharp increase in international enrolments as demand for AI, ML, data sciences and cloud computing bring in more learners. Switzerland-based kiteboarder and translator Ursina Sanderink (25), has enrolled with Simplilearn as it was cheaper and within her budget. Simplilearn’s founder and CEO Krishna Kumar said, “About 60% of our revenues are from overseas markets.” The education tech platform saw global learners enrollment growth at 70% in 2020-21, as compared to the previous 45% growth in the previous year.
EdTech Startup Mokusei Intelligence seeks Partners, Collaborators, and Reviewers for its Upcoming Pilot Programedit
The Week – Online Web
Mokusei Intelligence has announced that it is actively seeking partners and collaborators, especially from the education and travel sector. The Company said that its ideal partner would be an entity or individual with an active network of young people and one that is open to experimentation or exploration. The newly launched startup expressed a clear preference for partnering young startups and educators. A couple of such partnerships, the company said, are already in the pipeline.
Aavishkaar Capital backed Little Laureates brings innovative learning for Pre-schoolers under New Education Policyedit
The Week – Online Web
Little Laureates is a leading preschool chain in Eastern India that has designed a unique technology-driven blended educational model where offline and online learning goes hand in hand to ensure the holistic and measured development of the child. Today’s preschoolers are already technologically savvy. Most kids today are able to swipe or tap on smartphones and tablets before they are able to speak properly. This E-Learning platform enables preschoolers across the country to enroll themselves and are enjoying the learning process due to the well-curated module and highly trained teachers.
Need to futureproof skills of students, workersedit
The Tribune – Online Web
The only way forward possible is by generalizing learning. Indians have a tendency to be caring and relatively non-aggressive as compared to the cultures of Europe and North America. Perhaps this trait can be used to create a supportive social environment where the success of one need not be at the cost of another. What India really needs to do is to create force multipliers so that the size of the pie can increase dramatically. Fighting over who should get what piece of it is irrelevant and a waste of energy. We argue that a generalization of learning is such a force multiplier.
Community driven Startups are the Present and Future Vikas Goeledit
Zee Biz – Online Web
Gaurav Munjal, the co-founder of Unacademy started it as a side hobby. He started his journey through a YouTube Channel, in the year 2010 by giving Java lessons while he was in college. He eventually became one of the most-followed people on the Quora in Computer Science. Today, Unacademy is among the leading ed-tech start-ups in the country and is a unicorn start-up. This list goes on and on with start-ups like Airbnb, Khan Academy, Wittyfeed, etc. Undoubtedly, the trend of community-driven start-ups is growing. It is a very sound strategy for a start-up to begin as a community and then turn it into a business model. Kunal Shah’s CRED has become ...
Quizizz Bags $12.5 Mn In Series A To Bolster School-Centric Product, Expand Globallyedit
Inc 42 – Online Web
Edtech and gamified training platform Quizizz has announced a $12.5 Mn Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners as well as Prime Venture Partners. Claiming to support over 60 Mn users per month and with a presence in 65% of US schools, Quizizz will use the fresh funding to expand its team as it looks to improve support for school and corporate customers and accelerate international user growth. With close to 50% of its user base in the US, the Bengaluru-based startup is being used by schools in California, Michigan, Alaska and plenty of other states. The company has ...
The Churn Is On At The Kota Factoryedit
MINT – Delhi
Coaching institutes like Vibrant Academy and Nucleus have swiftly entered into tie-ups with Unacademy, a Facebook-backed education startup valued at over $2 billion. Prominent education startup Byju’s is working with expert subject teachers from many institutes and providing a platform for them to deliver live classes, say teachers from Kota.
5 tips to prevent cyber-attacks on EdTech platformsedit
ITP.net – Online Web
As the COVID-19 pandemic rages on, many educational institutions have been forced to shift their on-campus classes to online classes. Various EdTech platforms have also launched free classes that have prompted students to try their hands on digital education. With more students turning to online learning than ever, these platforms have emerged as a lucrative target for cybercriminals. With the impact of the ongoing Covid-19 pandemic, raising awareness on cybercrimes and emphasising cybersecurity measures has become more important than ever.
Pearson arrives late to the edtech partyedit
Investors Chronicle – Online Web
As students across the country return to school this morning, thousands of them will also be lugging heavy Pearson (PSON) textbooks in their backpacks. The publisher has a long history in education, with a rich catalogue of content to match. But it has also largely failed to keep up with the industry-wide shift towards online learning. This has been made all the more clear by the impact of the pandemic. A late start to its digital transformation meant adjusted pre-tax profits almost halved in 2020 to £313m, as the spread of Covid-19 closed bricks-and-mortar schools and exam centres. Meanwhile the US courseware business, which has been hit by the growing market for second-hand textbooks, saw revenues dip 13 per cent to ...
Reshaping global class roomsedit
The Statesman – Delhi
Notably, online learning will always appeal as a new generation of tech-savvy children embraces technology as a way of life. The ed-tech platforms are leaving no stones unturned in leveraging the components that blended learning offers. Learning on the go is the buzz word in education now as it offers greater flexibility and customization of individual learning schedules.
Edu, health make the cut in outcome budgetedit
The Times of India – Online Web
The outcome budget 2020-21, a report card of the AAP government, was presented by deputy CM Manish Sisodia on the first day of the Delhi assembly budget session on Monday. The document mentioned that education and health projects topped the list with 80% of them being “on track”. “Delhi government has been presenting the outcome budget for the last four years. We are the only government that keeps checks and balances of the previous budgets,” said chief minister Arvind Kejriwal. Introduced in 2017-18, the outcome budget was started to link the budget with outcomes.
Aravali Global Foundation launches India’s first scientifically guided Finnish Home-Schooling program for parents in early years on International Women’s Dayedit
ANI News – Online Web
Aravali Global Foundation, an education group with 2 decades of experience, has joined hands with HEI Schools, an international preschool licensing model from Finland, to curate LEADZ (Learning at Your Doorstep for Millennials), India’s First scientifically guided Finnish Home-schooling program.
The unicorn model for businessedit
Financial Express – Online Web
The phenomenon of unicorns is quite controversial. Although some professionals believe that such companies are just a result of technological progress and innovation, others believe the increasing number of unicorns is a sign of a bubble in the industry; a bubble is an economic cycle that is characterized by the rapid escalation of market value. During the Covid-19 pandemic, young Indian start-ups such as Unacademy became unicorns. As experts have pointed out, the core proposition of these start-ups was that these actually solved challenges for individuals and businesses during the lockdown for a large portion of the year. For example, during the pandemic, online learning continued to rise and led to a boom in valuation ...
Brands launch campaigns, initiative to celebrate International Women’s Dayedit
Live Mint – Online Web
Ahead of International Women’s Day (8 March) brands across categories have launched campaigns and initiatives to celebrate the spirit of womanhood. These campaigns follow a variety of themes ranging from equality, breaking gender stereotyping to financial freedom to highlight what women go through on a daily basis ahead. Telling women how to live their life is another topic touched by few campaigns. Edtech firm Uncademy’s campaign shows a father telling his son to not meddle with his younger sister’s life and offer help when she asks for it.
Why tech is the driving force in the new normaledit
Yourstory – Online Web
In fact, entrepreneurs from the Indian edtech sector, which witnessed a humongous growth amidst the pandemic, agreed. Vamsi Krishna, Co-founder and CEO, Vedantu, spoke about the massive tailwinds in edtech following the pandemic, which made online learning the “only option”. He has been witness to the massive behavioural shifts taking place in students, parents, and even teachers.
The Joke’s On Startups Nowedit
MINT – Online Web
While standup comedians have been performing for companies for years, a new crop includes many former startup employees mining startup culture for material. In November 2020, Malik announced a first-of-its-kind show by the name of Roast of WhiteHat Jr. The proceeds from it were to be donated for the legal aid of Pradeep Poonia, who was named in a lawsuit by the company, but eventually went to Khan Academy, which conducts free online courses for students. Malik had made his place by not only talking the startup talk but embedding himself in the system, so to say. He followed this up with a Roast Of Byju’s, on the edutech market leader known for its aggressive marketing.
Women’s Day 2021: Startups and VCs improving on gender parity but miles to goedit
Money Control – Online Web
In 2020, out of India’s top 150 funded startups, 16.7% had a female founder and cofounder, compared to 10% in 2017, and the highest since data firm Venture Intelligence has been tracking it for the last five years or so. Some of India’s largest startups, including edtech firm Byju’s, logistics firm Rivigo and enterprise software firm Zenoti have a female cofounder.
Last week in startup funding: Edtech, earlystage startups continue seeing tractionedit
Money Control – Online Web
Edtech startup Doubtnut raised $31 million after declining an acquisition from Byju’s the country’s largest edtech firm the largest deal in the week ended March 5, 2021. Doubt solving app Doubtnut raised the Series B round led by James Murdochled Lupa Systems and Susquehanna International Group (SIG), along with existing investor Sequoia Capital, while another Sequoia-backed firm, Apna raised $12.5 million in a Series B round.
From Chalk to Click: Edtech companies unlocking the potential of online education in the Indian marketedit
Business World – Online Web
In 2020, around 90 edtech companies received investment of which 61 players have received seed funding this clearly shows that a lot of companies are at an early stage of their journey, and still innovation and ideas continue to simmer. India has two unicorns in the edtech sector Byju’s and Unacademy.
Interactive Educational Apps Based on Storytellingedit
The Tech Panda – Online Web
This Hungarian EdTech startup, BOOKR Kids, is creating educational apps based on storytelling. 2020 has been the year of EdTech. Educators and students have become more reliant on technology than ever before. With the transition to this learning environment, there is a surge in the number of EdTech companies.
Indian startups: Startups tap new investors amid uncertainty on China FDIedit
The Times of India – Online Web
Apart from the early to midstage startups, strategic investors such as Alibaba and Tencent own shares in large internet firms like Paytm, Bigbasket, Zomato, Policybazaar, Swiggy, Udaan, and Byju’s, among others Cashify, where Chinese investors such as Shunwei Capital, CDH Investments, Morningside hold over 3032% stake, has raised over $15 million from one single investorOlympus Capital with no participation from Chinese investors
Razorpay announces $10million ESOP buybackedit
Money Control – Online Web
For years, ESOPs have been a rare source of wealth-creation at startups due to lack of exits but over the last 18 months, many firms have been gone for buybacks, rewarding reward employee loyalty. These include Unacademy, Zerodha, Cars24, and Urban Company. The buyback was the company’s way of giving back to the employees for their contribution and a form of wealth creation for all to ensure that the employees, too, grow with the company.
Cyber attack: ‘Reasons for startups’ data breaches go beyond lack of focus on securing apps, websites’edit
The Financial Express – Online Web
India’s technology ecosystem is growing at a massive rate. Home-grown startups are going global and global giants are coming to India to build for the next over 500 million users which are supposed to connect to the internet in the coming years. India is one of the most talked-about technology ecosystems in the post-COVID world as 2020 clearly saw some rebellion against China. While all these great developments are happening, hackers are also becoming more and more interested in the data of Indian consumers. 2020 saw a series of data breaches on Indian startups. Unacademy, one of the most talked-about revolutionary startups in the tech industry faced a breach causing a ...
A black mirror for policy makers: Looking at data protection for minorsedit
ET Government – Online Web
As of 2019, the report of the Internet and Mobile Association of India noted that almost two-thirds of the internet users in India fall into the age brackets of 12-29 years. The report found that from a total number of 451 million monthly active internet users, over 66 million were in the age group of 5-11 years and 385 million were above the age of 12 years. The Puttaswamy Judgement in the year 2012 was categorical in stating that “Privacy of children will require special protection not just in the context of the virtual world, but also the real world”. Eight years down the line, we have only begun to scratch the surface.
CxO of the Week: Mr Anand Narayanan, Chief Product Officer, Simplilearnedit
CIOL – Online Web
The edtech market can be broken down into K12 and professional education. Simplilearn is a professional digital skilling platform. Within the digital skilling space, there is a spectrum of engagement and outcome levels provided by various edtech providers from MOOCs, which are primarily self-learning based, to Online Bootcamps which are based on a high level of engagement and outcomes. Simplilearn is primarily an online Bootcamp model. Within the online Bootcamp space, Simplilearn delivers the highest level of interactivity (4-10X more than others in this space) and will continue to drive a higher level of engagement and outcomes.
Amazon Alexa Gets Macmillan Altura Skill to Help Users Improve Their English: How to Useedit
News 18 – Online Web
Amazon is collaborating with the UK-based Macmillan Education to launch Altura English on Amazon Alexa. Through the partnership, Alexa-enabled Echo speakers and smart display owners can learn English with Macmillan’s “interactive” curriculum materials. The Macmillan Altura skill offers curriculum grade English learning content in storytelling format, vocabulary building exercises, interactive quizzes on listening comprehension and English grammar structured in levels 1 to 5. The storytelling and interactive formats aim to help learners improve their English reading, listening, writing, and speaking skills. To get started, just say, “Alexa, open Macmillan Altura” or “Alexa, open my English reader.”
Investors bet big on India’s growth storyedit
Fortune – Online Web
Last year was tough for entrepreneurs worldwide as the Covid-19 pandemic wreaked havoc on businesses everywhere. But it hasn’t stopped global investors from cherrypicking opportunities and parking their money in Indian businesses which offer good returns. The numbers tell a story. In the education technology space, Bengaluru-based Byju’s alone raised over $1 billion in equity funding last year. However, the study also pointed out that the number of exits were lower last year at 148, worth $5.1 billion, down from 197 exits worth $9.2 billion in 2019.
Cut quality testing fees for startups, women entrepreneurs: Goyal to BIS; How has the pandemic boosted the prospects for many startups inching them towards growth and successedit
Inventiva – Online Web
Piyush Goyal, Commerce and Industry Minister, on Monday, asked the Bureau of Indian Standards (BIS) to drastically reduce charges for testing quality of products “throughout” for MSME’s and the initial phase for startups and women entrepreneurs to encourage them to get their products certified and meet standard norms. The acceleration in the rate of technology adoption provided the tailwinds for startups across categories. E.g., the number of students using edtech products in India has almost doubled this year.
Startups splurge on sports sponsorshipsedit
Live Mint – Online Web
Edtech firm Byju’s spent Rs. 400-500 crore in advertising last year while gaming firm Dream11 spent Rs. 350-400 crore and My11Circle spent Rs. 150-250 crore, as per a Pitch Madison Advertising report published in February. Digital and television dominated ad spends. According to Star India, edtech and fantasy gaming emerged as the most advertised category during IPL 2020, followed by fast-moving consumer goods (FMCG), and auto and ancillary (such as tyres and lubricants) companies. “There is enough data to prove the benefits of associating with sports, with exposure being the prime highlight. This provides emerging brands and startups that are looking to maximize reach, brand awareness and overall brand recall an opportunity to ...
City schools conduct ‘satisfaction’ surveysedit
The Hindu – Bangalore
Schools in the city are con ducting ‘satisfaction surveys’ involving students who are attending online and offline classes. Based on the feed back, they are tweaking the learning strategy. School management have got feedback that offline classes are the students’ preferred choice.
From influencers to investors, content creators are coming of age in Indiaedit
ET Tech – Online Web
After collaborating with startups to create branded content for them in the last few years, top creators are turning angel investors by putting anywhere between Rs 2 lakh to Rs 20 lakh in early-stage funding rounds of new economy businesses. Just last week, creators like Tanmay Bhat and Ranveer Allahbadia (@BeerBiceps) have announced angel investments in Qoohoo, a platform that helps creators monetize their followers, and Ready Set Jet, an American beauty brand looking to India for expansion respectively.
News from the world of educationedit
The Hindu – Online Web
A survey by Brainly found that Indian students were beginning to use edtech platform for their preparations. Based on a sample size of 9,029 respondents from across the country, the survey found that 23% students were taking help from their peers, while 17.5% were being coached by tutors or coaching experts and 15.2% by parents, 10.9% said that they used edtech rms to solve their queries, while 33.3% went with all the available options.
Mind the gapedit
The Hindu – Bangalore
The shift to online learning, due to the pandemic, brought various challenges for teachers and students, including inaccessibility to devices, no or limited Inter net access, and other issues. The focus of educators has to be on recovering educational opportunities lost due to the pandemic-led online learning.
Top Edtech startups that are paving a new horizon for casual learningedit
India Today – Online Web
Children actively seek to understand the causal structure of the world around them. Causal learning in childhood is a dynamic process of observation, explanation, and exploration within complex physical and social environments. Children’s learning is not exclusively the product of processing information individually; instead, learning is inextricably embedded in social activities and practices.
Covid Impact: Tablets make a comeback in 2020edit
The Financial Express – Online Web
According to industry players, tablets witnessed a revival last year as people used it for online education and content consumption. Further to capitalise on the pent-up demand in the market during October-December 2020, vendors offered attractive discounts and competitive price points. In 2020, tablets emerged as a family device.
Announcement of Talentsprint WE for female engineers in collaboration with Googleedit
Punekar News – Online Web
TalentSprint, a leading EdTech platform, and NSE group company, today announced the launch of the third cohort of the pioneering Women Engineers Program (WE) with support from Google. TalentSprint WE were conceived in 2019 to address the gender disparity seen in the tech industry. Given the highly encouraging industry acceptance for previous cohort participants, the third cohort is being scaled up to accommodate 500 participants.
THE CRUSADERSedit
The Economic Times – Bangalore
While some have come with new digital solutions to combat the pandemic, some are helping in deliveries of essentials through drones, while few others are taking education to the next level across India with eLearning modules. Companies such as BYJU’s, Whitehat Jr, Unacademy, Toppr, Vedantu have ensured education is not obstructed.