EdTech Startup
SigIQ.ai Raises USD 9.5 Mn Funding Co-Led by The House Fund and GSV Ventures to Power Personalised AI Tutoring
The California and Gurugram-based startup will use the capital to strengthen its AI models, grow its team, and scale its flagship tutoring platforms—PadhAI for UPSC aspirants and EverTutor for GRE preparation—across global and Indian markets.
Edtech Leader Leap Finance Raises USD 65 Mn in Series E Round Led by Apis Partners
The fresh capital will enable Leap to scale its operations, launch new products, and further enhance its AI-driven solutions for study-abroad aspirants.
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.
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.
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
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.
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.
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.
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.
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.
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
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.
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.
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.
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.