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…
Tag: Edtech Startup
Coursera steps in to fill the void in the education system with its coronavirus response initiative
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•The ongoing coronavirus pandemic has brought the world order to a halt. Every routine that we used to follow has now been altered. In the face of restrictive movements and closure of many schools and colleges, students, who were supposed to be studying and preparing for their exams in coming months, are facing a void.…
Edtech startup Lido Learning raises $3mn in Series B funding
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•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…
upGrad appoints former BYJU’s business head Arjun Mohan as India CEO
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•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…
Univariety raises $1.1mn funding from Info Edge
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•Edtech platform Univariety recently announced it has raised $1.1mn (₹8Cr) from Info Edge. This is reportedly Info Edge’s second investment in the Hyderabad-based company in a span of two years This primary funding will be used by Univariety for business growth with a focus on product development, scaling up its alumni platform for schools and…
Ed-tech companies bridge the gap between learning and schooling amid coronavirus pandemic
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•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…
Edtech startup Oda Class secures undisclosed pre-Series A round funding
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•Bengaluru-based Edtech startup Oda Class recently announced that it has raised an undisclosed amount of investment in pre-Series A funding round. The funding round was led by a Chinese educational company, Yuanfudao. Interestingly, the founder of Yuanfudao is also a founding member of the Oda Class. As per an official company statement, Oda Class plans…
Edtech startup AvalonMeta raises ₹3Cr from Peerplays
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•Edtech and gaming startup AvalonMeta Ventures Pvt. Ltd recently announced that it has raised $420,000 (approx ₹3Cr) in funding led by Preeplays, a blockchain-based gaming company. Other investors include Chicago-based venture capital firm Purvi Capital and Abhinav Chhikara, former Design Head of Unacademy. AvalonMeta was founded by Varun Mayya, Shashank Udupa, and Abhinav Arora in…