Page 33 - Edtech

upGrad to acquire higher education firm Talentedge for Rs 400-500 cr

This would be one of the largest consolidations in the Indian Higher education space, in which the No. 1 player in the space is acquiring the No. 4 player

Unacademy announces programme to educate 500,000 girl students in India

Online education startup Unacademy on Friday announced a new programme - Shikshodaya - that aims to educate five lakh girl students in the country. Unacademy, which is backed by investors like Tencent and SoftBank, said the initiative will transform the lives of 20 lakh people, as an employed woman is likely to have an impact on a family of 4-5 members. Educating a girl child not only impacts the individual but also her family and society, Unacademy Group co-founder and CEO Gaurav Munjal told reporters here. "Unacademy's vision is to democratise high quality education for everyone irrespective of their demographics and economic status. With Shikshodaya, we want to enable some of that transformation and look forward to creating social impact on a large scale by empowering 5 lakh girl students," Munjal said. Amitabh Kant, CEO of NITI Aayog, said edtech has the potential to provide innovative, cost-effective methods to transform education and can play a powerful role in achieving ...

upGrad files Rs 3 cr trademark infringement suit against edtech firm Scaler

Accuses Scaler of using its brand name 'upGrad' through Google Ads to appear on top of search results on Google Search Engine and in turn gaining illicit benefit

upGrad makes first overseas deal, snaps up Australian Global Study Partners

Leading edtech player upGrad on Monday said it will acquire Global Study Partners (GSP), the largest study abroad company in Australia, for AUD 16 million, with a commitment of a further AUD 10 million in future. upGrad, which has been growing through acquisitions and has earmarked an M&A war chest of USD 250 million, has entered into an acquisition agreement to buy 100 per cent of GSP for AUD 16 million with a commitment of a further AUD 10 million in future, the Ronnie Screwvala-promoted firm said in a statement on Monday. GSP is slated to close its current financials at a gross merchandise value of over AUD 10 million. Founded in 2015, the Sydney-headquartered GSP has a network of over 600 institutions in Australia, Britain, Canada, and the US, and over 1,300 recruitment partners that include education and migration agents, schools, test preparation centres, alumni associations etc. The acquisition marks the first international acquisition for upGrad and strengthens its foray ..

Ronnie Screwvala's upGrad to merge arms, become integrated global edtech

As an integrated higher edtech global player, it would be offering short-form courses, campus programmes and government test preparation courses.

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

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.

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

Genleap raises Rs 60 crore from marquee investors in seed round

The edtech platform made the announcement regarding the funding on Tuesday

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.

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.

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

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 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.

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

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

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

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

Edtech startup upGrad crosses $210 million annual revenue run rate

The firm has chalked a multidimensional growth plan