Page 6 - Edtech
TikTok owner ByteDance to shut edtech business in India, says report
China-based ByteDance, which is the parent company of short-video making app TikTok, is quitting its edtech business in India
 "TikTok owner ByteDance to shut edtech business in India, says report")
Statsguru: How well did children learn at home amid Covid-19 pandemic
The latest Annual Status of Education Report of 2021 (ASER 2021) throws light on the status of school reopening in rural India, and the quality of learning in rural homes.
 "Statsguru: How well did children learn at home amid Covid-19 pandemic")
How Vedantu is empowering teachers with technology amid the pandemic
Its TTE programme provides rigorous training to offline teachers and academicians to bring them up to speed in the world of online teaching
 "How Vedantu is empowering teachers with technology amid the pandemic")
Genleap raises Rs 60 crore from marquee investors in seed round
The edtech platform made the announcement regarding the funding on Tuesday
 "Genleap raises Rs 60 crore from marquee investors in seed round")
India has 13.6 mn learners on platform, 2nd highest globally: Coursera
The US accounted for 17.3 million learners, followed by India
EduTech startup HomeSkul launches afterschool e-learning App
EduTech startup HomeSkul has launched the first home-grown afterschool e-learning app which provides AI and Augmented Reality (AR) -powered personalised learning experience for students.
 "EduTech startup HomeSkul launches afterschool e-learning App")
India can become world's edtech capital: NITI Aayog CEO Kant
Niti Aayog CEO Amitabh Kant on Friday said India can become the edtech capital of the world, with the private sector playing a key role and the public sector acting as a facilitator.
 "India can become world's edtech capital: NITI Aayog CEO Kant")
Ronnie Screwvala's edtech startup upGrad eyes a global learning curve
The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there
 "Ronnie Screwvala's edtech startup upGrad eyes a global learning curve")
Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business
Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment
 "Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business")
Edtech startup Creative Galileo raises $2.5 mn in seed funding
The round was led by Kalaari Capital with an investment of $2.1 mn and remaining from well-known angels, such as Harish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri and Giridhar Malpani.
 "Edtech startup Creative Galileo raises $2.5 mn in seed funding")
Rohit Sharma named brand ambassador of Infinity Learn
The cricketer will be the face of Infinity Learn's multi-channel marketing campaign and brand activities
 "Rohit Sharma named brand ambassador of Infinity Learn")
Unacademy-backed Graphy acquires edtech platform Spayee for $25 mn
Post acquisition, Spayee will continue to operate independently; it allows content creators to produce customised courses in audio and video, PDF documents, quizzes, assignments and live classes
 "Unacademy-backed Graphy acquires edtech platform Spayee for $25 mn")
Graphy acquires edtech platform Spayee for $25 million
Spayee allows content creators to produce customised courses in the form of audio and video tutorials, PDF documents, quizzes, assignments, and live classes
 "Graphy acquires edtech platform Spayee for $25 million")
Boom time: 31 and counting, happy hour for India's unicorn club
The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen
 "Boom time: 31 and counting, happy hour for India's unicorn club")
Edtech startup upGrad crosses $210 million annual revenue run rate
The firm has chalked a multidimensional growth plan
 "Edtech startup upGrad crosses $210 million annual revenue run rate")
Edtech giant Byju's is raising $300 mn, valuation may touch $18 bn
In June, Byju's became India's most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm's $16 billion valuation
 "Edtech giant Byju's is raising $300 mn, valuation may touch $18 bn")
InnoVen Capital announces first close of new fund at Rs 740 crore
The first close was done with anchor investor Innoven Capital Pte Ltd, a joint venture between Seviora (a wholly-owned subsidiary of Temasek) and United Overseas Bank
 "InnoVen Capital announces first close of new fund at Rs 740 crore")
88academics raises $3 mn in pre-series A round led by Aarin Capital
Prime Securities Limited was the exclusive Investment Banker to this transaction
 "88academics raises $3 mn in pre-series A round led by Aarin Capital")
FrontRow raises $14 million in funding from Eight Roads Ventures, others
FrontRow, founded by Shubhadit Sharma, Mikhil Raj and Ishaan Preet Singh, nine months ago and has scaled to 50,000 paid learners across over 2000 cities worldwide
 "FrontRow raises $14 million in funding from Eight Roads Ventures, others")
Eupheus Learning acquires edtech startup ClassKlap in $19 mn deal
With this, Eupheus will become India's largest school-focused edtech firm and the only firm in K12 space to operate in both premium and affordable school segments
 "Eupheus Learning acquires edtech startup ClassKlap in $19 mn deal")
