Competition
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.
Industry
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.