Edtech company BYJU’S announced the appointment of Sunil Sharma as Vice-President, Engineering – Student & Teacher Experience and Darshan Bhandari as Vice-President, Engineering – BYJU’S Tuition Centre and Devices, as the company continues to attract top talent to drive innovation, build impactful learning experiences, and further strengthen its robust technology vertical. While Sunil will be at the forefront of catalysing critical technologies to enhance…
BYJU’S, an edtech company with 150 million learners globally, announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated growth in India and…
Martech SaaS company, Netcore Cloud, has announced its collaboration with India’s EdTech Platform, BYJU’S towards personalizing the student’s learning experience on the mobile app, backed by their No-code Product Experience platform’s consumer data management system, according to a statement. The statement said, “Since the last few years, Netcore Cloud has made major strides in expanding…
Former Larsen & Toubro Head of Talent Development, Suman Rudra, has now joined edtech major BYJU’S as Vice President – Human Resources. At L&T, Rudra was responsible for Talent Development, Learning and OD (Organisation Development) functions of Heavy Civil Division. Rudra has worked across sectors in various HR roles. His longest stint of eight years…
India’s edtech major Byju’s is acquiring Aakash Educational Services Ltd. in an estimated $950-million cash-and-stock deal, according to ET report. “Post the transaction, Blackstone Group and Aakash Institute’s founders will hold a minority stake in Byju’s at a valuation of about $13 billion, founder Byju Raveendran said. “We will integrate Aakash’s expertise in test prep…
Edtech unicorn BYJU’S has announced the appointment of Dhimant Vyas as Chief Creative Director. In this new role, Vyas will be responsible for leading ideation and creation of quality interactive learning experiences for BYJU’S students across products. His focus will be to build and further enhance the company’s offerings, according to a statement. Commenting on…
Bengaluru-based Edtech startup – Teachmint has raised $3.5 million in seed funding led by Venture Capital Firm – Lightspeed India, with participation from existing investors Better Capital and Titan Capital. The education technology startup plans to use the investment to expand its market, build its product suite and to bring in additional offerings. Mihir Gupta,…
BYJU’S, India’s e-learning platform, announced it has raised funding from BlackRock, Sands Capital, and Alkeon Capital. However, the company did not disclose financial details. Existing investors General Atlantic, Owl Ventures, and Tiger Global also participated in the funding round, BYJU’S said in a statement. Earlier this month, BYJU’S had raised funds from Silver Lake along…
Edtech unicorn Byju’s announced the acquisition of LabInApp, a startup that offers lab-like simulations for science students on a mobile app. Founded by engineering graduates Girish Shirigannavar, Pavan Shinde, Pramod Ramdurg and Vinayak Hulabutti, LabInApp is on a mission to revolutionize science learning through 3-dimensional virtual laboratory. Its platform is built on real time computer…
Byju’s announced that it has raised $500 million in a new financing round led by Silver Lake at a $10.8 billion valuation, reports TechCrunch. Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in the new financing round, India’s second most valuable startup Byju’s said in a statement. “We are excited to welcome…
Byju’s, the Bengaluru-based online educational services provider that offers technology based education platforms for primary and secondary school subjects, overseas and domestic test preparation courses, engineering and medicine announced that it has raised $122 million from tech billionaire Yuri Milner’s investment fund DST Global. Byju’s has allotted 42,666 Series F preference shares to DST Global…
Think and Learn, which owns and operates education technology platform Byju’s – The Learning App, announced that it has acquired Mumbai-based WhiteHat Jr in a $300 million all-cash transaction. Founded in 2018 by Karan Bajaj, WhiteHat Jr is a Live online 1:1 platform that connects kids age 5-12 to top early childhood coding teachers. WhiteHat…
The online learning platforms have lately been witnessing a massive surge in users due to the government imposed nationwide lockdown. Since the New Delhi called for a nationwide lockdown, physical learning taking place in classrooms of colleges, schools or coaching institutes have come to a halt. While schools are having a tough time to connect…
Elearning platform Lido Learning recently announced that it has raised $3mn in Series B funding from Rocket Internet founder-backed Picus Capital and Paytm President Madhur Deora. This is the Mumbai-based startup’s second fundraiser within just one year of its inception. The edtech startup had earlier raised $3mn in Series A funding round in November last…
Edtech startup upGrad has recently announced that it has appointed Arjun Mohan as its India business Chief Executive Officer. Arjun Mohan will be the first occupant of the CEO-India chair for upGrad, as the position was vacant since the company’s inception. Talking about Mohan’s appointment, upGrad Co-founder and MD Mayank Kumar in an official statement…