Noida, India-based Classplus has raised USD 9 million in its Series B funding round through investors like RTP Global, Blume Ventures, Sequoia’s Strive, Surge and Spiral ventures. As per a report in Inc42, during a Pre-Series A funding in February, the company had raised USD 2.5 million from Blume Ventures, Surge Ventures and other investors. The SaaS platform was
Bengaluru, India-based Byju’s is in talks with investors to raise a sum of $400 million. If the funding goes through, Byju’s will be valued at over $10 billion, making it a decacorn and the second highest valued startup in the country along with hospitality startup OYO and after financial services startup Paytm, which was valued
Chennai, India-based GUVI, operated by GUVI Geek Network Private Limited has raised Rs. 6 crores (about USD 800,000) from Education Catalyst Fund in a pre-series A funding round. Education Catalyst Fund is an education-focused venture capital firm managed by CPA capital. GUVI is an Indian vernacular-based platform that offers online programming courses for engineers and
As the world has switched to remote learning, students are facing many accessibility, comprehension and environmental challenges. Besides students and parents, the struggle has gotten more intense for teachers. A recently conducted survey by Channel 3 in Connecticut, U.S.A, highlights the struggles that teachers in Connecticut are facing in taking remote classes while handling their
With the changing realities of the world, the education landscape has been forced to adapt to remote learning and adopt digital learning tools. The rise of remote education has raised concerns about the learning environment becoming challenging for students with vision and hearing impairments and those on the autism spectrum. “Particularly for students with disabilities,
Pennsylvania-based edtech platform Duolingo raised $10 million in venture capital from General Atlantic, as per an SEC filing. General Atlantic will take a board observer seat, as per the language learning platform. In December 2019, Duolingo became a unicorn with a valuation of $1.5 billion after raising $30 Million in a Series F funding round
Surging edtech use during COVID-19 All over the internet we are reading news about a spike in edtech users due to lockdowns imposed all over the world to curb the spread of COVID-19. The surge in edtech use is partly due to a lot of edtech providers offering free or discounted content to users. For
London-based Lingumi, an English learning platform for preschoolers, has raised £4 million in a funding round led by China-based technology fund North Summit Capital and other investors including LocalGlobe, ADV and Entrepreneur First. North Summit Capital fund is run by Alibaba’s former Chief Data Scientist Dr Min Wanli. Lingumi was launched in 2017. It teaches
With the landscape of education changing with lockdowns across the globe, remote learning is becoming the new norm. Over the years, edtech has been adopted in Higher education in different forms in both remote and in-class education formats—live streaming, online assessments, video learning, e-learning material access, online classrooms, e-certifications, digital display of learning material in
It seems like R.N. Tagore’s hope of a land ‘where knowledge is free’ is no more a distant dream, with rising online learning platforms like Unacademy, which offer online classes for innumerable competitive spheres such as UPSE, SSC, CAT, and IIT JEE. It was set up in 2015 by Gaurav Munjal, Roman Saini, and Hemesh
