edtech

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at which it raised a financing round in March this year, a person familiar with the matter said. The company, India’s most valuable startup, declined to comment on the…

The company said that IT company HCL Group has acquired a majority stake in vernacular edtech platform GUVI, which offers technical courses. The IIT Madras and CIIE (IIM Ahmedabad) incubated company, GUVI, offers technical courses such as Web Development, AI Module, SQL, and various other courses created by industry experts in vernacular languages. It provides tailor-made courses for learners, universities and employers. HCL aims to create skilled tech professionals in India and abroad with this investment. The company,…

Online education that has reached its zenith during the lockdown has been progressing at a much faster pace because learners have realized its hidden benefits. And at the same time, Ed-tech has become a crowded market, lending impossible for students and parents alike difficult to choose the right platform. TeacherOn, a modern age Edtech platform promises incomparable learning experiences with seamless integration of teacher-student communication. Analytics Insight has engaged in an exclusive interview with Arun Verma,…

Cybersecurity tops the list of State Ed-tech priorities but it is running short of funds: Survey In this growing trend of artificial intelligence and machine learning, more and more things surrounding us are automated. No doubt it lands with numerous benefits for mankind but in this play of data, cybersecurity is gaining a big concern and companies are handling it with priority. Cybersecurity has become a priority for top state ed-tech, but it seems they are running in lack of funding for it, a survey of education…

NEW DELHI—The hottest thing in India’s online-education industry right now is going offline.After two years of blistering growth, sparked by one of the world’s longest Covid-19 school shutdowns, India hosts an increasingly crowded field of education-technology unicorns. Six have hit the $1 billion valuation milestone since the March 2020 nationwide lockdown. They joined Byju’s, which got there in 2017 and is now the world’s most valuable edtech startup, with a $22 billion price tag after a funding round in March,…

Image Source : UNACADEMY Unacademy Leading edtech platform Unacademy on Monday launched 50 new education channels on Google-owned YouTube. Some of these new channels have existing content categories from Unacademy, along with new areas such as 'Tick Tock Tax'-- to simplify the direct and indirect tax concepts, and Life After IIT -- a platform to crack JEE and discuss…

Mumbai, Online higher education platform upGrad on Monday said it has raised $210 million (about Rs 1,670 crore) in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others -- at a time when the Indian edtech companies are busy sacking employees amid the ongoing funding winter.Founder Group also invested $12.5 million in the funding round to maintain their over 50% ownership in upGrad, the company announced.The edtech company said it is on track to record annual gross revenue of…

Adnan Bhat / Rest of World: Complaints claiming unethical behavior by Indian edtech companies, which raised $4.7B last year and are largely unregulated, can be found all over social media — “How can they successfully regulate when making money is the prime objective?” — • NEW DELHI, INDIA Adnan Bhat / Rest of World: Complaints claiming unethical behavior by Indian edtech companies, which raised $4.7B last year and are largely unregulated, can be found all over…

Image: Getty Images/iStockphotoIndian edtech company Physicswallah – which teaches all the sciences, not just physics – has come out of nowhere in a hugely competitive market and managed to pocket a cool $100 million in funding, valuing it at $1 billion.For me, the reason for this instant stardom is easily discernible. The firm's founder Alakh Pandey has led his company in ways that have been strikingly dissimilar to the rest of the fray and offer some key lessons to entrepreneurs in any sector or discipline. Growing…

EdTech sector looking to improve its productivity, connectivity, and ability to produce more value. 1. Kindly brief us about the company, its specialization, and the services that your company offers. • Human Resources: Effectively managing employee engagement, assuring top-notch hiring, fostering a culture of training throughout the company, and emphasizing the development of motivated staff. • Administration – To maintain high workforce productivity, offering dependable administrative services. •…