Page 4 - Online Education

Edtech firms Byju's, Unacademy, upGrad to benefit as Chinese players tumble

Indian edtech companies have had a dream run, helped by the pandemic and education moving online

Byju's on an acquisition spree, buys Great Learning for $600 mn

The edtech decacorn has now spent over $2 billion for acquisitions over the last six months

Sparked by Covid pandemic fallout, homeschooling surges across the US

The surge has been confirmed by the US Census Bureau

A tune of the times: Online classes hit the right note amid Covid blues

Virtual distance helps aspiring musicians to shed their inhibitions and reach out to learn from the best

Over Rs 14.75 crore spent on PM eVIDYA initiative in FY 2020-21: Govt

Over Rs 14.75 crore was spent during the financial year 2020-2021 for PM eVIDYA, an initiative launched in May last year to unify all efforts to enable multi-mode access to education

Vedantu eyes $200 mn run rate, to hit profitability by June next year

Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year. Vedantu, which competes with players like Byju's, has seen month-on-month revenue growth of 50 per cent in April and May this year. Its revenue grew 4x in May 2021 over last year and its current revenue run rate is at about USD 60 million. "Currently, Vedantu is at cash flow profitability of more than 15 per cent on the unit level and is looking at achieving a USD 200 million run rate in the next 12 months with overall company profitability. The platform has a strong community of over 30 million registered users and added 22 million new users since the pandemic began," a statement said. It added that personalised access, interactive classes, and 24/7 customised content have resulted in "4X annual growth in paid subscribers to more than 200,000". Vedantu said it has witnessed majority adoption from outside the top 10 ci

Students travel 3 km to access internet for online class in Mizoram village

The poor connectivity is hampering the examinations and assignment submission by students.

Education ministry releases guidelines for children's home-based learning

The guidelines advise schools to involve parents by providing information and ideas on helping students with homework and other curriculum-related activities

Online education firm Cuemath eyes new funding, $1 billion valuation

Indian online education platform Cuemath plans to raise at least $100 million in a new financing round this year, its chief executive said

Camp K12 aims to change the way traditional education is delivered globally

Camp K12 targets children in the age group 6 to 18 globally

Coffee with BS: How 'free thinker' Sal Khan is pushing all boundaries

Anjuli Bhargava writes how Khan is bringing every student on the planet into his fold

Great Learning focuses on job readiness of students, looks to raise $60 mn

Great Learning, an online education site, is focused on an optimal combination of process, technology and people

Hero Group launches education technology venture Hero Vired: Details here

Hero Group on Tuesday launched Hero Vired, with the promoter Munjal family committing over $10 million to offer learners overall professional development to make them industry-ready for employment

Byju's acquires Aakash Educational Services for $1 bn via strategic merger

The addition of Aakash is a significant step towards strengthening Byju's product offering

Online education platform Coursera targets over $4 bn valuation in US IPO

Online education provider Coursera Inc is aiming for a valuation of more than $4 billion in a US initial public offering (IPO), a regulatory filing on Monday showed

India Coronavirus Dispatch: Study finds virus mutating faster in Bengaluru

The link between obesity and Covid fatality rate, half of Hyderabad's population have antibodies, and more-news relevant to India's fight against Covid-19

Seeking professional success: Harappa goes back to the drawing board

Harappa offers 25 courses at a price of Rs 899 per course for newcomers

Byju's likely to close $800-million Aakash Educational deal by March

The edtech decacorn which is valued at about $12 billion is scouting global markets including the U.S and India to acquire many other smaller rivals which could help it scale up faster

Online assessment firm Mercer Mettl sees 2021 as year of strong growth

Online assessment firm Mercer Mettl on Tuesday said it expects 2021 to be a year of strong growth for the company with most of the economic activities coming out of pandemic. The company's support to corporate for online assessments for hiring and other activities was impacted during the pandemic but growth in the education vertical covered up the adverse impact on overall business, Mercer Mettle CEO Siddhartha Gupta said. "All companies were not hiring. They were also not keen on spending their dollar on L&D (learning and development). It slowed for three months. "The education business grew, which made up for whatever business came down for us. COVID-19 has not impacted us negatively in 2020," Gupta said while announcing a web-based examination platform of the company. He said the education was a smaller business for the company before 2020. "We have actually grown that business 484 per cent year-on-year," Gupta said. The company provides online assessment solutions to ...

Upgrad entering competitive exam preparation space with 'Upgrad Jeet'

The small town-focused Upgrad Jeet, which is a souped up version of its recent The Gate Academy, will be mostly focused on the Hindi-speaking small town folks who are looking for mid-scale govt jobs