Page 13 - Edtech

Prime Venture Partners' Fund IV closes at $120 million

It will invest in disruptive technology companies across fintech, edtech, healthtech, consumer internet and Global SaaS.

Edtech firm CollegeDekho acquires its peer Getmyuni for Rs 50 crore

Edtech firm CollegeDekho has acquired its peer firm Getmyuni for Rs. 50 crore in a mix of cash and equity deal, a move that will aid the company's revenue growth, according to a top company official.

Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help

Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media

Edtech soonicorn BrightCHAMPS to accept fee payments in cryptocurrency

Ties up with payment gateway TripleA; will accept Bitcoin, Tether, and Ethereum in more than 30 countries it operates in, including US, Canada, UAE, Nigeria, Malaysia, Thailand

Propelld raises $35 mn in Series-B funding led by WestBridge Capital

Propelld has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 cr.

Edtech firm Byju's plans to expand its free education programme

Edtech firm Byju's on Thursday said it will expand its free education programme to cover 1 crore students in rural and remote areas of the country by 2025.

We're forgetting the world belongs to humans too: XBillion Skills Lab CEO

In a Q&A, Samyak Chakrabarty says jobs surviving automation will need skills involving communication, critical thinking, negotiation and storytelling

How Budget 2022 gives a digital thrust to pandemic-stricken Indian economy

In Budget 2022, FM Nirmala Sitharaman laid an emphasis on digital technologies and start-ups cutting across sectors-from agriculture and education to post offices, banking and more

Top headlines: IMF warns Asia about Fed rate; Maruti Suzuki stock stays up

Expected interest rate hikes by the US Federal Reserve may delay emerging Asia's economic recovery and keep pressure on policymakers to guard against the risk of capital outflows

Internal management: Edtech company Eruditus's next big challenge

Internal management is the primary task before the founders of the edtech company as it witnesses rapid growth

Working with AWS to meet growing demand for online learning: upGrad

upGrad has moved the vast majority of its IT infrastructure to AWS, a move that has helped the higher education technology provider rapidly scale to meet the burgeoning demand for online education

How AI, machine learning are being increasingly used to drive social good

Data and technology solutions are key to reaching the most vulnerable children at speed

LEAD becomes first edtech unicorn of 2022, raises $100 mn in Series E round

The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of $1 bn

English learning platform Freadom raises $2.5 mn from Capital A, others

Freadom equips children to learn to read in English in any country where it is an aspirational second language, via its recommendation engine.

upGrad appoints Vikram Vyas as VP Growth, International Sales

Edtech major upGrad on Friday said it has appointed Vikram Vyas as Vice President - Growth, International Sales for the Asia Pacific and EMEA (Europe, Middle East and Africa) regions.

India's technology start-ups set to continue IPO rush into 2022

Delhivery, Snapdeal, PharmEasy, OYO and Ola are among those slated to list in the bourses in the coming year

Edtech's teachable moment

Govt's advisory highlights flaws in business model

Govt advisory on edtech firms: Is it moment of reckoning for sector?

The government came out with an advisory, asking parents to exercise caution while dealing with companies offering online classes for children. Does it put the edtech firms in a dock? Let's find out

TMS Ep72: Ed-tech, FICCI's Sanjiv Mehta, markets in 2021, loans

Govt advisory on ed-tech firms - a moment of reckoning? What is Sanjiv Mehta's take on economic recovery? What shaped the markets this year? What are the different types of loans? All answers here

Edtech needs to self-regulate before strict norms enter the scene: Industry

Govt advisory half-hearted, won't help curb malpractices in sector: Activists