Competition
We want to democratise education so that it reaches every nook and corneredit
Exchange4Media – Online Web
With the pandemic leading to the evolution of education from physical to digital, there have been certain changes in the sector. The discussion highlighted the exponential growth seen in the adoption of online learning during the pandemic. Mehta also explained how the relationship between formal education and the EdTech sector has evolved, how online learning provides a customized & personalized experience, how Byju’s is looking to democratize education and the road ahead for BYJU’S & the EdTech sector.
Called ineffective in BYJU’s ads, more than 100 coaching institutes send legal notice to EdTech giantedit
Edex Live – Online Web More than 100 coaching institutes across the country have sent a legal notice to online tutoring giant BYJU’s over two advertisements, one of which referred to their teaching methodology as ‘ineffective’. The Coaching Federation of India (CFI), a conglomerate that comprises 101 coaching institutes in the country has issued a notice on March 29, saying that BYJU’s has misrepresented facts and “misused their position in the market by publishing disparaging material” through their ads.
Uable raises $3.5 million led by Jafco Asia, Chiratae Venturesedit
Mint – Online Web
Uable, a life skill development online platform for children, has raised $3.5 million in pre-series A round led by Jafco Asia and Chiratae Ventures. Existing investor 3one4 Capital also participated in the round. Supriya Singh, Director of South Asia investments, Jafco Asia joins the board of Uable, the company said in a statement. Uable has launched a new-age learning platform exclusively for teenagers across the world, and the funding will help the company add more real-world domains for teenagers to explore besides building a global team and scale the product globally.
Industry
ConveGenius Uses Conversational AI To Deliver Education To 1.5 Cr Students Across Tier-3 Cities & Rural Indiaedit
BW Education – Online Web
ConveGenius, an EdTech social enterprise, has scaled its reach to 1.5 crore students in 11 months. Against the backdrop of the pandemic-led technological shift, the social enterprise moved from tablet-based adaptive learning to chatbot-assisted teaching and learning, thus boosting the outreach of its EdTech platform. Viprav Chaudhary, VP-Operations, ConveGenius, had found that during the onslaught of COVID-19, access to digital devices was a major barrier to education for young students hailing from rural and remote regions in India. “While education shifted to the online medium in the wake of the pandemic, device inequity emerged as a major problem faced by a majority of students beyond tier-1 and tier-2 regions across the country,” he commented.
Pokhriyal: India world’s largest democratic educational ecosystemedit
Digital Learning– Online Web Union Education Minister Ramesh Pokhriyal Nishank said that India is the world’s largest democratic educational ecosystem. Over 34 million children study here, more than the entire population of many countries. He said so during a speech at a high-level ministerial meeting convened by UNESCO on Monday. He said that India has 1.1 lakhs of teachers and there are 10.5 lakhs of schools, 42,000 colleges, and 1,043 universities in India.
Cheat for profit: How Chegg became the most valuable edtech company in the USedit
Forbes India – Online Web
It’s called “chegging.” College students everywhere know what it means. “If I run out of time or I’m having problems on homework or an online quiz,” says Matt, a 19-year-old sophomore at Arizona State, “I can chegg it.” He means he can use Chegg Study, the $14.95-a-month service he buys from Chegg, a tech company whose stock price has more than tripled during the pandemic. It takes him seconds to look up answers in Chegg’s database of 46 million textbook and exam problems and turn them in as his own. In other words, to cheat.
This live tutoring startup is attracting students from small towns by making education ‘affordable’edit
Yourstory – Online Web
Does the already cluttered K-12 education market need yet another player? Yes, reckons Rohit Jain, Founder, and CEO of DUX Edu, a personalized afterschool tutoring platform for students in Classes 3 to 12. DUX Edu wants to solve this problem of affordability, accessibility, and engagement, and create a “teacher-first world” where online learning goes beyond a lecture. “A good teacher should guide, push, motivate, and inspire students. That was missing in edtech, with engagement being a huge problem,” Rohit says.
Kumon or Montessori? It may depend on your politics: New studyedit
Pallikutam – Online Web
The global market for private tutoring services is forecasted to reach $260.7 billion by 2024, and the U.S. market for tutoring is reported to be more than $8.9 billion a year. According to the Bureau of Labor Statistics, there are more than 100,000 businesses in the private education services industry. Supplemental education program brands are among the top 500 franchises in Entrepreneur magazine’s 2020 rankings, and they include popular providers such as Kumon (ranked No. 12), Mathnasium (No. 29) and Huntington Learning Center (No. 39). For over five decades, education psychologists have utilized two pedagogical orientations –conformance orientation and independence orientation. A conformance orientation is more standardized and guided, emphasizing lecture-based content delivery, knowledge and memorization, ...