As the world is battling with the novel coronavirus, the education system has come to a halt. Due to the pandemic, which has now spread to about 161 countries, schools and educational institutions around the globe are forced to shut. The decision to close these places was taken by the health organizations to prevent the…
Tag: Byjus
BYJU’S raises $200mn from General Atlantic
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•Edtech start-up BYJU’S recently announced that it has raised additional funding from existing investor General Atlantic. While the company didn’t mention the exact amount of funding, sources familiar with the development have said that it’s close to $200mn at a valuation of $8bn. The announcement comes weeks after Tiger Global invested $200mn in the startup.…
Unicorn Club: How Indian start-ups are making their mark
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•The Unicorn Club is a group of new-age start-ups with a valuation above a billion-dollar. Any new start-up that emerges in the ecosystem aspires that one day it will reach this exclusive club. But not everybody is welcome. The term was first coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to…
Edtech company BYJU’S gets $200mn from Tiger Global at $8bn valuation
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•With the recent $200mn investment from Tiger Global Management, Byju’s valuation now stands at $8bn. Although Byju’s has confirmed on the transaction but declined to comment on specific details of the same. As per a media report, two sources briefed on the developments, mentioned that Tiger Global, being one of the most influential investors in…
EdTech platforms making learning easy and accessible
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•EdTech or Educational Technology is the combined use of physical equipment, programming, and instructive theory to provide learning and encouraging education by improving the execution, creation, and usage of technological resources. It encompasses several domains including online training, computer based-education, and m-learning (learning through mobiles).