Edtech News
Why today’s learners need more than just a degree The shrinking shelf-life of skills How BITS Pilani Digital blends academic rigour with hands-on learning
Interestingly, upGrad's free courses in GenAI, Data, AI/ML, and technology, witnessed over 1.4 lakh enrollments.
The company raised USD 200 million through rights issue to meet its operational requirements, including expenses related to employees' salaries.
Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byju's has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”.
The query around the kind of issues that edtech users face received nearly 12,000 responses comprising issues around teaching staff changes/ effectiveness issues, refund issues, and trust issues like false promises and transparency issues.
Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022. Board members representing Peak XV Partners, earlier known as Sequoia Capital India, Prosus and Chan Zuckerberg Initiative also stepped down, without publicly expressing their reasons
This clear disparity between rich and poor, educated and uneducated, is a painful reminder of India’s quest to bridge inequality in education that has existed for so long and because of numerous reasons.
Additionally, it’s also an image of the country’s brightest minds fighting to change, as they join the mad rush up the professional and social class ladder.
Amid the cooling down of the edtech craze and the looming challenges of global headwinds, very few businesses are equipped to usher in the new era of learning, which requires innovation and operational efficiencies laced with financial viability.
S Chand and Company Limited, one of India’s leading and oldest education content companies laid down a blueprint of how it intends to tackle the challenges and incorporate the changes during their Q2FY23 earnings.
Poland-based edtech platform Brainly claims to have a user base of more than 5.5 crore Indian students, parents and teachers who rely on the platform to accelerate learning through its doubt clearance classes.
According to a TechCrunch report on Tuesday, K12 Techno Services which has raised more than $75 million in previous rounds and also engaged with TPG and Accel decided to go with existing backer Sequoia India.
Deeksha is one of the leading K-12 test preparation players in Karnataka and according to Vedantu, this strategic partnership will further its hybrid education strategy.
With a vision to minimise this skill gap, Imarticus Learning started its journey in 2012 under the able leadership of Nikhil Barshikar and Sonya Hooja and eventually became the best edtech company of the present times.
upGrad has acquired Harappa Education for Rs 300 crore.
Harappa Education offers self-paced courses.
upGrad has a learner base of over 3 million across over 100 countries.
The increase in fake review in the edtech space and ways to curb it were also dicussed during a meeting.
IEC runs under the aegis of Internet and Mobile Association of India (IAMAI).
PhysicsWallah said it will utilise these funds raised for business expansion, branding, opening more learning centres, and introducing more course offerings.
VC money is disappearing amid economic slowdown
At least 20,514 people have lost their jobs at tech startups globally since April
The VC firms are advising startups to focus on sustainable growth
Ganguly also took to social media to announce this initiative, upon completing 30 years in Indian cricket. In the 30-second clip, Ganguly is heard saying, "The first step towards achieving your dreams is having the right coach."
The fact is VCs firms need to right-size their own teams by 80%
The VC firms are advising startups to focus on sustainable growth
Startups are facing the heat as the funding winter is here
Invact Metaversity had raised capital from more than 70 individual investors.
Maheshwari earlier envisioned building a virtual-first curriculum and expanding into Europe and the US.
Unacademy last week announced its foray into opening physical tuition centers
Edtech platforms are seeing a significant dip in demand for online learning
Edtech startup Lido Learning which is backed by top entrepreneur Ronnie Screwvala
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