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.

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.

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.

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.

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, …

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.

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.

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.

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 …

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.