Page 3 - Edtech

PhysicsWallah appoints first chief marketing officer ahead of IPO

Satish Sharma joins as CMO with 20 years of experience as PhysicsWallah prepares for IPO; he will lead marketing strategy and brand positioning amid expansion efforts

PhysicsWallah, YCMOU join hands to offer credit-based online degrees

Edtech firm PhysicsWallah (PW) has partnered with Yashwantrao Chavan Maharashtra Open University to offer regular online classes, the company said on Tuesday. The firm said students will also be able to take admission in certain online, credit-based degree programmes. "PhysicsWallah (PW) has partnered with Yashwantrao Chavan Maharashtra Open University (YCMOU), with an aim to offer regular online classes and real-time doubt resolution facilities to students," the company said in a statement. The two institutions are working towards trying to expand access to formal higher education for learners by introducing four programmes -- Master of Business Administration (MBA), Master of Computer Applications (MCA), Master of Arts in English (MA English), and Bachelor of Computer Applications (BCA). "This partnership with YCMOU will support our journey towards building scalable, digitally-enabled pathways for learners to help access structured degree programmes," Aditya Agarwal, CBO-New ...

Evolving from being online learning platform to AI-powered one: Udemy CEO

Udemy CEO Hugo Sarrazin about AI in learning, and how significant a market India is for the company

UK's Pearson to raise India headcount by 43% as market becomes key focus

Pearson India operates in education and assessment markets, targeting school goers, students aspiring for colleges overseas and corporate professionals

Byju's co-founder moves NCLT to remove GLAS Trust from creditors' panel

Byju's co-founder Riju Ravindran has approached NCLT, alleging GLAS Trust falsely claimed creditor status and seeking its removal from the Committee of Creditors in the ongoing insolvency case

IPO-bound ed-tech firm Imarticus Learning acquires MyCaptain in ₹50 cr deal

Prior to MyCaptain, in April 2023, Imarticus Learning acquired Hero Mindmine, the training arm of Hero Group

Unacademy co-founders may step back, refocus on new edtech venture Airlearn

Gaurav Munjal and Roman Saini are set to step back from Unacademy's operations as the firm prepares a leadership shift and spins off its language platform Airlearn

Unacademy CEO Gaurav Munjal steps down; Sumit Jain takes charge

Gaurav Munjal's exit comes as Unacademy pivots to offline coaching and ramps up AirLearn, with Sumit Jain set to lead the next phase of growth

Prosus CEO Bloisi sets sights on $50 bn India portfolio with AI focus

With high-frequency sectors like food delivery and fintech at the core, Prosus plans new investments, acquisitions and AI integration to scale its India operations

Aakash accuses EY of conflict of interest, seeks Byju's-linked records

AESL has accused EY of conflict of interest for advising both AESL and Byju's during their failed acquisition and demanded disclosure of all related documents and communications

Byju Raveendran eyes return via AI model, says students will be compensated

BYJU'S CEO Byju Raveendran apologises for past service disruptions, pledges compensation to affected students, and outlines vision for AI-powered BYJU'S 3.0

Eruditus posts Rs 3,733 crore revenue in FY24, reduces losses by 83%

Revenue nearly 1.8x Physics Wallah, 2x upGrad

'Will rise again': Byju Raveendran promises comeback and company relaunch

Raveendran joined X on Friday to reveal the "truth" about the company and the events of the past two years

Indian edtech sector rides the AI wave as upskilling gains momentum

BrightCHAMPS, an edtech firm that delivers learning courses to students in the K-12 segment, found that 58 per cent of students globally are already integrating AI into their studies

Edtech firm MSM Unify plans $20 mn investment to expand biz in India

Global education firm MSM Unify on Wednesday announced a plan to invest USD 20 million (around Rs 173 crore) to expand business in India. As part of this initiative, MSM Unify said it has set up three major offices in Noida, Gurgaon, and Ahmedabad and employed 175 professionals. The company has already invested USD 4 million so far and is ramping up operations to hire an additional 175 professionals by the next financial year, it said in a statement. With an ambitious roadmap, the company is set to launch 250 student recruitment franchises across India, with the first three in Pune, Vashi (Maharashtra), and Anand (Gujarat). Sanjay Laul, Founder of MSM Group, said that India is at the forefront of global education and universities worldwide are not only recruiting Indian students but are also keen on setting up campuses here. "With our USD 20 million investment and 250 planned franchise locations, MSM Unify is creating India's largest student recruitment ecosystem, ensuring every .

Edtech firm Imarticus Learning to file DRHP in 4-5 months for IPO plans

Imarticus is currently in advanced discussions with investment banking firms, including IIFL, for its upcoming IPO

Edtech firm Simplilearn plans to relaunch fresher upskilling vertical

The Blackstone-backed firm had shut down its study abroad and fresher upskilling verticals in 2024 as they failed to generate the expected outcomes

Aakash Educational plans to invest up to Rs 1,000 crore in AI, digital push

New Delhi-based education provider, which started in 1988, is now ramping up its presence in smaller Indian towns, betting on the growing demand for quality coaching in Tier 3 and Tier 4 cities

PhysicsWallah to offer AI-powered NEET, JEE courses in five local languages

Announced at Vishwas Diwas, PW's annual flagship event, Project Bharat aims to bridge language barriers, especially in rural and non-Hindi/English-speaking regions of the country

US court finds Riju Ravindran, Camshaft, Think & Learn guilty of fraud

Think & Learn Pvt Ltd (Byju's) unlawfully orchestrated and benefited from a fraudulent scheme. Sham hedge fund Camshaft Capital facilitated the fraudulent scheme to defraud term loan lenders