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…
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…
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…
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 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…
Noida-based ed-tech startup Genius Corner recently announced that it has raised $250,000 from Singapore-based individual investors including Mahesh Mohta, Jyoti Arora, Nachu Subramanian, and Srivats. The company plans to utilize these funds to on-board additional 30,000 students on the platform. Commenting on the startup’s business model, Singapore-based Investor Mahesh Mohta said, “Genius Corner has a…
Edtech startup Udemy recently announced that it has raised $50mn from an existing Japanese investor Benesse Holdings, Inc. The recent investment by the investment firm was made at a valuation of $2bn. The company in a statement described this funding as a part of expansion funding. The company is planning to use these funds to…
While growing up, we constantly put a cap on our dreams and interests just because we are surrounded by different responsibilities. But we can now have plenty of online courses on offer that let us pursue anything that we want from the comfort of our home and most importantly we can pursue such online courses besides a regular job. Most of these online courses have a shorter duration than regular courses and a certificate is also awarded on completion.
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).