Inzpira, a recognized IELTS, communicative English (Spoken English) & Soft-skills training company, has announced that it has bagged Rs 2.3 crore in its seed funding round. The funding round was co-led by Raj Nair, Chairman, Avalon Consulting, along with Gopinath Latpate, Executive Director, JLL. Investors including Country Head – Retail Lending, HDFC Bank – Arvind…
Jaro Education, an edTech company, has announced its growth plans to strengthen its position in the Ed Tech industry in India. The company said that it plans to drive its growth by offering additional unique programs especially in the tech-focused segment, and strengthening its partnerships with universities in India and globally. While talking about the…
Edtech startup AdmitKard has announced its plans to increase its workforce by 150 %. The brand currently boasts a strength of over 100 people. The startup plans to hire enthusiastic professionals across departments including – Tech & Product, Growth, Student Guidance, Mentorship and Business Operations. With new hiring the brand plans to cross a figure…
Anthology, a provider of proven higher education solutions that support the entire learner lifecycle, and Blackboard, a global EdTech software and solutions company, have announced a definitive agreement to combine the two companies. Blackboard is a provider of learning management software, communication tools and student success solutions to 150 million users in more than 80…
Prime Venture Partners, has announced its fourth fund of US$100 million, with a first close of $75 million (INR 556 crore). Prime had raised its last fund of $72M in 2018, a second fund of $46M in 2015 and a $8M first fund in 2012. Fund Four investors include the International Finance Corporation (IFC), part…
Edtech startup MicroDegree has announced that it has raised undisclosed sum in the latest financing round from investors including RIIDL (Research Innovation Incubation Design Labs) as well as Founder and CEO of Organic Riot – Siddharth H Somaiya in an Individual capacity. Speaking on the investment, Manikanta Nair, Co-founder of MicroDegree, stated, “We will use…
AdmitKard, an edtech startup, has announced its plans to further increase its talent pool by 100%. With an existing team of over 50 people, the startup plans to provide career and growth opportunities to candidates in the field of business management, sales, analytics, and communications. AdmitKard aims to add growth managers to support their prolific…
Sri Chaitanya has announced that it has hired Ujjwal Singh as the CEO for its new EdTech Business. Ujjwal will be spearheading the overall management and drive the vision and growth of this new entity. With more than 20 years of industry experience, an alumnus of IIM Bangalore, Ujjwal has earlier worked as a Vice…
WizKlub, an Edtech startup, has appointed Pankaj Bande (Jain) as its Chief Technology Officer. He will oversee the company’s Product Design and Learning & Development Team. Founder and CEO at WizKlub – Amit Bansal said, “We are excited to have Pankaj join our team to lead and strengthen technology. WizKlub is investing in richer learner…
Edtech startup, CoLearn has raised $10 million in Alpha Wave Incubation and GSV Ventures co-led Series A funding round. “Existing investors, including Sequoia India’s Surge and AC Ventures, also participated in the round. This fresh infusion of capital will help the company to invest in product, technology, development, hiring and marketing,” a statement issued by…
Edulyte Marketplace, an edtech start-up, has appointed Yashendra Mishra as Chief Growth Officer. In this role, he will oversee the building growth prospects of the company. With more than 18 years of experience in the edtech sector, Mishra has worked with multiple edtech Start-ups like Educomp, Next Education and SChand. Commenting on his appointment, Yashendra…
upGrad, South Asia’s higher education company, and EyeWay Vision has announced their partnership, enabling upGrad to become the first Indian edtech company with an enhanced AR-driven learning experience, according to a statement. EyeWay Vision Ltd, an Israeli company developing an innovative wearable augmented reality platform, will bring immersive augmented reality (AR) to upGrad learners. “Partnering…
EdTech firm – LEAD has appointed Nirav Jagad as Chief Human Resources Officer (CHRO). LEAD School has partnered with 1,000+ schools with an estimated 4 lakh+ students in more than 400 cities, including tier 2 to tier 4 cities, in 20 States. Co-founder and CEO of LEAD – Sumeet Mehta commented, “Today, we have a…
upGrad, South Asia’s higher edtech company, has announced that it has crossed the milestone of USD 14 Million a month and achieved an Annual Revenue Run rate (ARR) of USD 165 Million. The edtech major now targets 25% revenue growth in the next quarter (April-May-June) with profitability in sight. Ronnie Screwvala said, “It’s been a…
Bengaluru-based online educational services provider – Byju’s has raised $460 million in Series F round. The ed-tech startup is now valued at around $13 billion. The ongoing round saw participation from MC Global Edtech Investment Holdings LP along with B Capital of Eduardo Saverin, Facebook’s co-founder. The funding was first reported by news portal – Entrackr. Tiga…