EdTech Startup

News and Trends

Kreedo Secures INR 10 Cr Debt Funding from Recur Club to Accelerate Growth

The raised funds will support Kreedo's working capital needs and drive its expansion, enhancing its ability to deliver innovative early education solutions.

Starting a Business

How This Entrepreneur Was Inspired to Create a Global Teaching Platform That Empowers Students to Work Together

Brainly CEO Michał Borkowski shares the growth story of his global edtech platform.

News and Trends

From Star to Struggler: Chegg's Fight to Survive Against ChatGPT Favoritism

"Technology shifts have created headwinds for our industry and Chegg's business specifically. Recent advancements in the AI search experience and the adoption of free and paid generative AI services by students have resulted in challenges for Chegg," said Nathan Schultz, chief executive officer and president, Chegg in the 2024 third-quarter earnings call

News and Trends

Edtech Platform Eruditus Secures USD 150 Mn from TPG's The Rise Fund, Existing Investors Increase Stakes

The company plans to deploy the raised funds to expand globally, invest in AI technology, grow its business in India and APAC, and explore acquisitions and investment opportunities to support its growth strategy.

News and Trends

Mayank Kumar Exits Daily Upgrad Role, Ventures into Talent Mobility

Upgrad's founder and chairman, Ronnie Screwvala, will now take a more hands-on role in the company.

News and Trends

ODA Class to Raise Another US$500,000 Funding, Eyes IPO by 2027

In August, the edtech startup secured US$500,000 in a series B funding round. The latest round will take the total funding to US$13,250,000.

News and Trends

Indian EdTech Sees Slowdown in Funding, Smart Integration Needed to Recover: Tracxn Report

Online courses and professional upskilling programs however seem to keep the sector still in the game, taking advantage of the shortcomings of the offline teaching methods.

News and Trends

SC Refuses To Halt Operations Of COC In Byju's Insolvency Case

Section 12A of the Insolvency and Bankruptcy Code (IBC) allows for the withdrawal of an insolvency application if at least 90 per cent of the CoC members approve the withdrawal.

News and Trends

AI App 'PadhAI' Clears UPSC Exam; Scores 170 out of 200 in Prelims-2024

This places PadhAI among the top 10 scorers nationally and possibly even in the first position, far surpassing the typical qualifying score, which usually gains below 100

News and Trends

Unacademy Co-Founder Hemesh Singh Steps Down as CTO, Moves to Advisory Role

Started as a YouTube channel by Gaurav Munjal, Hemesh Singh, and Roman Saini, Unacademy became an edtech platform in 2015.

Technology

How Edtech Platform Lectera Aims To Make Continuous Learning A Universally Accessible And Integral Part Of People's Lives

A partner of the WE Convention, Lectera is an edtech platform whose comprehensive curriculum -with offerings in 15 languages- serves more than three million people from 65 countries.

News and Trends

Edtech Startup MyCaptain Raises INR 14 Cr from Inflection Point Ventures, MyNavi and Others

With the funds raised, the Bengaluru-based startup intends to broaden its offering by introducing more courses, setting up regional sales centres, and driving expansion in new areas.

News and Trends

Edtech Startup Educational Initiatives Raises INR 166 Cr from HCL Group

The Bengaluru-based edtech firm wants to grow in Saudi Arabia, Kenya, Ghana, and South Africa. Additionally, it is seeking to acquire edtech product companies focused on improving learning outcomes.

Entrepreneurs

Abu Dhabi Youth Challenge: Techstars Startup Weekend Invites Participants To Collaborate With Early Childhood Education Sector Stakeholders

The Techstars Startup Weekend will also provide a platform for participants to convert their business ideas into tangible prototypes within a 54-hour-frame.

Entrepreneurs

2023, The Year That Was: Quddus Pativada, Founder And CEO, ASI

Pativada and his team at ASI have built a "responsible, personal, and instructional" AI tool that can act as a student's lifelong tutor.