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Stay tuned for the latest news in EdTech and Higher Education

5th December, 2022: upGrad-backed Harappa launches in US, to upskill 55,000 managers in 3 yrs

upGrad-backed edtech firm Harappa has launched its services in the US market and plans to scale up its operations there. Harappa aims to upskill 55,000 people through its programmes on learning, application, experience and coaching. The US corporate learning market is pegged at $150 billion, compared to the $5 billion market for industry-led learning in India.

15the November, 2022: UGC asks universities to adopt ‘professors of practice’ guidelines

The University Grants Commission (UGC) on Monday asked higher education institutions across the country to initiate necessary steps to engage professionals and industry experts as ‘professors of practice’ in their respective institutes.

11th November, 2022: upGrad’s revenue rises to Rs 692 cr in FY22, losses widen to Rs 627 cr

Edtech unicorn upGrad Education Private Limited reported its consolidated revenues for the financial year 2021-22 as Rs 692 crore, a 111 per cent increase from Rs 328 crore last financial year. The company’s consolidated net loss widened almost three times to Rs 627 crore during the same fiscal compared to Rs 211.1 crore last year, according to data accessed by business intelligence platform, Tofler.

9th November, 2022: Tuition Fee Must Be Affordable, Education Not A Business: Supreme Court

A bench of justices MR Shah and Sudhanshu Dhulia on Monday made these remarks while upholding Andhra Pradesh High Court’s order which set aside the State Government’s decision to enhance the tuition fee payable by the MBBS students.

8th November, 2022: Unacademy gives pink slips to 350 employees in second round of layoffs

Unacademy is conducting another round of job cuts and laying off 350 employees or 10 per cent of its workforce of 3,500, as the SoftBank-backed edtech firm targets profitability and reduces costs, according to an internal note sent by Gaurav Munjal, co-founder and CEO of Unacademy group, to the staff. Munjal said the restructuring exercise would affect about 10 per cent of employees across the group.

4th November, 2022: Lionel Messi joins Byju’s as global ambassador for equitable education social initiative

Edtech major Byju’s announced on Friday it has brought on board Lionel Messi as the global ambassador of its social impact arm Education For All.

2nd November, 2022: BYJU’S CEO Blames Macroeconomic Pressures For Mass Layoffs

In an internal mail sent to employees, edtech major BYJU’S cofounder and chief executive officer Byju Raveendran has blamed external macroeconomic conditions and focus on profitability as the reasons behind mass layoffs at the startup.

20th October, 2022: Eupheus Learning aims to double revenue to Rs 300 cr by March, hire 150 people by November

Edtech firm Eupheus Learning expects to more than double its revenue this fiscal to Rs 300 crore on the back of schools opening up and their traction towards technology, a top company official said. Eupheus Learning co-founder and Director Amit Kapoor told PTI that the company is in the process of expanding its team size to 600 people from 450 at present to cater to its growth requirement.

19th October, 2022: Focus on PhD quality, not publications

As per Dr. Mamidala Kumar, VC JNU University, we need to encourage scholars to become inquisitive explorers, papers will naturally follow.

18th October, 2022: Byju’s raises another $250 million from existing investors

After a torrid few months in which it announced around 3,000 layoffs, released its FY21 results 18 months late, received widespread criticism for its accounting practices and sales techniques, and cancelled its IPO plans, edtech giant Byju’s has raised another quarter of a billion dollars from existing investors.

17th October, 2022: World University Rankings 2023: results announced

The biggest global ranking to date reveals that the research supremacy of US universities is waning, in part because of a growing gap in output between elite universities and the rest.

14th October, 2022: PhysicsWallah acquires two edtech startups

Edtech unicorn PhysicsWallah (PW) has acquired PrepOnline, an online learning platform for National Eligibility cum Entrance Test (NEET), and Altis Vortex, a publisher of exam preparation books. 

13th October, 2022: Byju’s to sack up to 2,500 employees in ‘rationalisation’ bid

Edtech giant Byju’s, which has faced intense scrutiny over its accounting practices in recent months, has decided to sack about 2,500 of its 50,000 employees as it looks to turn a profit this fiscal year. This is the company’s second round of layoffs this year – it fired at least 600 people from group companies Toppr and WhiteHat Jr in June.

12th October, 2022: After Unacademy, BYJU’S Takes Plunge Into Celeb-Led Courses

India’s most-valued edtech startup BYJU’S is piloting celebrity-focused masterclasses through a new programme – BYJU’S XCEL – for class 4-10 students. The edtech decacorn, last valued at $23 Bn, started the pilot in May this year.

11th October, 2022: UGC Withdraws Mandatory Research Publication Before Ph.D. Completion

The University Grants Commission (UGC) has withdrawn the mandatory guideline regarding research paper publication before the final submission of the Ph.D. thesis by research scholars. This decision has been made to improve the standard and quality of doctoral research. Also, the publication of a research paper is a time-consuming process, and making it compulsory to publish a research paper puts undue pressure on students.

6th October, 2022: YUVA 2.0: Ministry of Education Launches Prime Minister’s Scheme For Mentoring Young Authors

The Ministry of Education (MoE), Department of Higher Education, has launched YUVA 2.0 (Young, Upcoming and Versatile Authors) scheme today, October 2. YUVA 2.0 is a Prime Minister’s scheme for mentoring young authors. It is an Author Mentorship programme to train young and budding authors below 30 years of age in order to promote reading, writing and book culture in the country, and project India and Indian writings globally.

4th October, 2022: 25% Extra Seats to Be Created for Foreign Students in Universities, HEIs: UGC’s New Guidelines

HEIs may create up to 25 per cent supernumerary seats for international students, over and above their total sanctioned enrolment for undergraduate and postgraduate programmes

26th September, 2022: upGrad to invest additional $40M in Harappa Education

After acquiring New Delhi-based platform for leadership and communication skills program Harappa  Education earlier this year, edtech unicorn upGrad has committed to investing an additional Rs 320 crore (nearly $40 million) in the platform to create Harappa Global School of Leadership.

20th September, 2022: Educational Institutions Need To Produce Students Capable Of Getting Into Industry: Finance Minister

Ms Sitharaman at an event here said India’s higher education was no less when compared to global universities and people who have studied in Indian universities were the second largest contingent when it comes to managing the best of companies around the world.

19th September, 2022: Veranda Learning Solutions to raise Rs 300 crore in preferential issue

Chennai-based Veranda Learning Solutions (Veranda), a public listed EdTech company, said on Thursday that its Board of Directors has approved a preferential issue to raise Rs 300 crore.

16th September, 2022: Upgrad acquires corporate training platform Centum Learning

upGrad, a higher edtech company, has acquired corporate training solutions firm Centum Learning in a share swap deal. With this transaction, Bharti Enterprises Limited and its affiliates are joining upGrad’s cap table. Centum is expected to clock a revenue of ₹170 crore in FY23.

15th September, 2022: Byju’s adjusts revenue for FY21 to Rs 2,280 crore, losses swell to Rs 4,588 crore

Think & Learn Pvt Ltd, the parent company of edtech brand Byju’s, said its revenue from operations for the financial year ending March 2021 (FY21) has been readjusted to Rs 2,280 crore, even as it incurred massive losses of Rs 4,588 crore, up from just Rs 262 crore in the previous fiscal.

30th July, 2022: University Grants Commission (UGC) new web portal offers 23,000 higher education courses free of cost.

The University Grants Commission (UGC) on 28 July said that over 23,000 higher education courses will be available free of cost on its new web portal. The courses includes programmes on Artificial Intelligence, cyber security and early childhood care and many more.

21st July, 2022: upGrad acquires recruitment & staffing firm Wolves India

upGrad Rekrut, a 100% subsidiary of online higher education platform major upGrad, on Thursday announced it has acquired recruitment and staffing firm Wolves India, for an undisclosed sum. The Bengaluru-based Wolves India specialises in placing high-quality tech talent across startups, along with mid and large-sized organisations in India and overseas.

12th July, 2022: Byju’s Struggles To Raise Latest $800 Million Funding As Investors Resist

Indian online education provider Byju’s is struggling to close a funding round of $800 million as a global technology rout weighs on valuations. Investors including Sumeru Ventures and little-known firm Oxshott haven’t transferred about $250 million of the targeted amount because of “macroeconomic reasons,” a Byju’s spokeswoman said Monday without elaborating.

12th July, 2022: Pay cuts for edtech giant’s top brass

Unacademy chief executive Gaurav Munjal told employees in an internal note on Monday that the edtech firm’s founders and top management will take pay cuts and that the company will shut its global test preparation business. The steps are aimed at reducing costs significantly and hitting profitability, even as the SoftBank-backed company has Rs 2,800 crore in the bank, Munjal, who is also one of its founders, said in the note, which ET has seen.

7th July, 2022: upGrad co-founder reveals big hiring plans ahead of funding round

upGrad has lined up a mega hiring plan ahead of a funding round it is expected to close soon. This is at a time when its peers, not just in India, are struggling to keep up with the funding crunch.

4th July, 2022: Monash University and AVENU partner to provide more students with access to Monash’s world-class education online

The agreement pairs Monash’s brand and academic excellence with AVENU’s expertise in India to deliver degrees through online programs at the graduate level.   Students will earn a Monash qualification upon the successful completion of their course. The university offers a select portfolio of masters degrees, available 100 percent online, making these courses accessible to Indian professionals looking to take the next step in their career. 

29th June, 2022: Byju’s eyes Chegg or 2U as it weighs US acquisition

Byju’s, an India online education startup, is in discussions to acquire a US target and likely to bid for either Chegg Inc. or 2U Inc., according to people familiar with the matter.

29th June, 2022: Byju’s pushes back payments for billion-dollar Aakash deal

Online education provider Byju’s, India’s most valuable startup, is pushing back payments for its nearly $1 billion acquisition of Aakash Educational Services, announced last April, people familiar with the matter told Bloomberg. Though the source said Byju’s didn’t defer the payments because of cash shortages, WhiteHat Jr, its biggest purchase before Aakash, has just sacked 300 employees to cut costs.

28th June, 2022: Degreed Acquires Learn In

Degreed, the global innovator in professional lifelong learning chosen by more than one in three Fortune 50 companies, today announced the acquisition of talent academy platform, Learn In, and the return of Co-founder David Blake as CEO. Blake was previously the Co-founder and CEO of Learn In.

22nd June, 2022: LeadSquared becomes sixth Indian SaaS unicorn of 2022

LeadSquared, which offers sales and marketing automation software to businesses, is the latest SaaS startup to join India’s unicorn club amid a downturn in funding this year. Despite the chill, the company has raked in $153 million from WestBridge and others, joining fellow SaaS firms Fractal Analytics, Uniphore and DarwinBox in the exclusive club this year.

20th June, 2022: Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India’s UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch’s Lupa Systems LLC

7th June, 2022: Online learning platform Physics Wallah enters unicorn club with $100 million funding

Bootstrapped online education venture Physics Wallah has raised $100 million in its maiden funding round led by WestBridge Capital and GSV Ventures, making it the latest edtech to enter India’s unicorn club. The company is valued at $1.1 billion, the company said in a prepared statement on Tuesday.

6th June, 2022: Alphabet-Backed Edtech Startup Cuemath Raises $57 Mn; Valuation Soars To $407 Mn

Edtech startup Cuemath has raised $57 Mn in a fresh equity funding round led by Alpha Wave. Existing investors, including Lightrock India, Sequoia Capital India, Alphabet’s CapitalG, Manta Ray, and Unitus, also participated in the round. The startup’s valuation more than doubled to $407 Mn, Cuemath said in a release. 

29th May, 2022: £10m scheme to help Open University plug skills gap in UK

Backed by £10 million of government funding, the OU will work with “around 10-12” FE providers in England over three years, either introducing courses in those not currently offering higher technical education, or expanding the breadth of courses already on offer in others.

29th May, 2022: Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees.

26th May, 2022: Byju’s acquires US edtech firm Epic in $500-million deal

Byju’s Epic acquisition is part of its overseas expansion plans, wherein it expects to generate annual revenue of $300 million this financial year, cofounder Byju Raveendran says.

24th May, 2022: Invact Metaversity may wind down ops, cofounder says

Metaverse edtech startup Invact Metaversity, cofounded by former Twitter India head Manish Maheshwari, may wind down operations just days after launching its first cohort. The edtech startup has cancelled its first cohort and refunded money, with interest, to students who had enrolled for the course. Founded in 2021 by Maheshwari and Tanay Pratap, Invact was building immersive educational courses in the emerging metaverse ecosystem.

16th May, 2022: BLinC Invest marks final close of second fund at Rs 100 crore

BLinC Fund II is BLinC Invest’s second early-stage venture capital fund and it will be deployed across edtech and fintech startups in India. Mumbai-based venture capital firm BLinC Invest has marked the final close of BLinC Fund II, a SEBI-registered Category-II Alternative Investment Fund (AIF) at Rs 100 crore, the company said in a statement on May 11.

13th May, 2022: Byju’s said to be in talks with lenders for $1 billion funding

Byju’s, India’s most valuable startup, is in talks with lenders to raise more than $1 billion in acquisition financing as the online education provider looks to expand its business rapidly, people familiar with the matter said.

11th May, 2022: Byju’s-owned Great Learning buys Northwest Executive Education for $100 million

Byju’s-owned upskilling platform Great Learning on May 11 officially announced the acquisition of Singapore-based Northwest Executive Education for a $100 million cash and stock deal.

9th May, 2022: Creative Galileo launches ‘Chakra The Invincible’ Edtech Content with Graphic India and POW! Entertainment

Creative Galileo one of the kids early learning app, announced a new licensing partnership with Graphic India and POW Entertainment under which they will launch educational content utilising the character “Chakra. the Invincible” on their platform.

5th May, 2022: Edtech unicorn Vedantu slashes course costs as offline learning returns

As offline education centers reopen and demand for online education tapers, edtech unicorn Vedantu has been focussing on adding new languages and looking to cut the prices of its courses by at least 70%, according to chief executive and cofounder Vamsi Krishna.

28th April, 2022: Teachmint Group-Owned Teachstack Partners With Indonesian Career Building Platform Terampil

Teachmint group-owned Teachstack, announced its first partnership with Terampil, an Indonesian EdTech startup focused on career building and on demand training. With this partnership, Teachmint solidifies its expansion into Asia, having also recently partnered with Dhaka-based EdTech startup Shikho and Ostad as well as Malaysian-based EdTech Pandai to power interactive classes for millions of students in the region, according to a press statement.

26th April, 2022: Edtech startup Newton School raises $25 mn from Steadview Capital, others

Newton School, the Bengaluru-based edtech startup – building a neo-university for aspiring software developers, has raised $25 million in a Series B funding round. The round was led by Steadview Capital, the global investment firm whose portfolio includes Indian unicorns Nykaa, Polygon, Zomato and Freshworks. Existing investors Nexus Venture Partners and RTP Global also participated in the round. The capital raised will be used to accelerate the company’s growth and expand its team, technology and brand building initiatives.

26th April, 2022: Financepeer bags $31 million in funding from QED, Aavishkaar Capital

Financepeer, an education focussed fintech startup, has raised $31 million in its Series B funding round, led by QED Investors and Aavishkaar Capital. US-based edtech investor Ardent Ventures, DMI Sparkle Fund, 9Unicorn, LC Nueva AIF and Maxar VC also participated in the round.

22nd April, 2022: Edtech entrepreneur Ashwin Damera invests Rs 240 cr in InnoVen Capital Fund

Ashwin Damera, founder and CEO at Eruditus and Emeritus has invested Rs 240 crore ($32 Million) in Asia’s leading venture debt and specialty finance platform, InnoVen Capital India Fund. The investment was made through Damera’s family office which is co-managed by Ashwin Damera and his wife Bhagyashree Damera.

20th April, 2022: Edtech startup Skill-Lync builds EV to help students gain insight into auto industry.

Built over a course of nine months and at an approximate cost of Rs 5 lakh, the EV would provide students with practical knowledge of what goes behind building an EV. The EV currently has a top speed of 45 kmph with a range of 40 km. It has a carrying capacity of five people and can reach an acceleration from zero to top speed in six seconds.

19th April, 2022: Unacademy layoffs: What’s stressing India’s edtech sector?

Around 1,000 employees of Unacademy were laid off recently. Experts believe, it was trying to control cash burn after hiring to meet ambitious targets. So what is the road ahead for ed-tech sector?

19th April, 2022: iNeuron acquires YouTube Influencer Hitesh Chaudhary’s Learn Code Online

iNeuron, India’s leading affordable technology education EdTech company, has acquired a 100 percent stake in YouTube Influencer Hitesh Chaudhary’s initiative ‘Learn Code Online.’ Hitesh Chaudhary has over 700,000 education subscribers on his channel, will also come on board as  the  Chief Technology Officer of iNeuron.

18th April, 2022: Can students pursue two full-time degree program simultaneously?

The University Grant Commission (UGC) on Tuesday, announced that students can now pursue two different full-time degree programs simultaneously, either from the same university or from two different universities and take up the course either in person, physical mode or online. This gives a lot of flexibility, freedom and opens up a new realm of possibilities for Indian students to acquire multiple skills and qualifications at the same time.

18th April, 2022: This career-tech platform connects job seekers to the best options in their hometowns

Jobsgaar is a career-tech venture that is disrupting decade-old marketplaces or search-and-browse models for recruiters and job seekers. With its omnichannel approach and proprietary technology, Jobsgaar helps employers find well-matched and verified talent in Tier II and III towns in less than two minutes.

14th April, 2022: EdTech firm iNeuron buys Learn Code

Indian EdTech company iNeuron has acquired a 100% stake in YouTube influencer Hitesh Choudhury’s learning platform Learn Code Online (LCO) in an all stock deal that values LCO between Rs.110 crore to Rs.120 crore.

13th April, 2022: UGC to allow students to pursue 2 full-time degree programs simultaneously in physical mode

As announced in the new National Education Policy (NEP) and in order to allow students to acquire multiple skills, UGC is coming up with new guidelines to allow a candidate to pursue two degree programmes in physical mode simultaneously,” UGC Chairman M Jagadesh Kumar said at a press conference.

12th April, 2022: Veranda Learning opens at 14% premium on BSE

Kalpathi group owned edtech enterprise Veranda Learning Solutions made mixed public markets debut on the market as the stock listed at 14.6% premium to the issue price on the Bombay Stock Exchange.

11th April, 2022: Singaporean EdTech Ascend Now Raises Additional $700k In Seed Round To Develop Its Content Creation Team

Ascend Now, a Singapore-based education technology startup, has raised an additional $700,000 in its seed funding round from four undisclosed private investors, marking its first external round of funding after being bootstrapped for four years.

11th April, 2022: This Bengaluru based AI enabled start-up helps identify and remove fake users

TrustCheckr is an AI-enabled tool that helps identify and remove fake users. The startup has a proprietary algorithm tested on 1 million+ data points and used in AI and ML in image comparisons. It assigns a trust score to the user based on phone number, Facebook id or email id.

31st March, 2022: Imarticus in talks to raise nearly $50 mn

Professional education platform Imarticus plans to pocket a much larger cheque in its Series C round of funding than what the Mumbai based start-up did in its last outing, to boost its upcoming acquisitions. The start-up which is backed by CBA Capital plans to raise $40-50 million.

31st March, 2022: Veranda Learning Solutions IPO subscribed 1.31 times on the first day

The Rs 200-crore initial public issue (IPO) of Veranda Learning Solutions was subscribed 1.31 times on Wednesday, the second day for the subscription of the public issue. The share sale attracted bids for 1,54,39,800 equity shares as against the 1,17,88,365 equity shares offered in the issue.

30th March, 2022: Edtech Startup Classplus Secures $70 Mn From Tiger Global & Alpha Wave Global, Valuation Reaches $600 Mn

The fundraise would help the startup enhance its products and expand its presence globally. It would also be used on new acquisitions and partnerships.  Abu Dhabi-based Chimera Ventures has joined as a new investor in this round, while existing investor, RTP Global, has doubled its investment in the edtech startup.

29th March, 2022: 92% universities back apprenticeship for employment

Degree apprenticeships are preferred over regular courses, with 92% universities and higher education institutions saying the former created employable graduates. out of 1.2 crore graduates, only 35% are employable to join the industry, a survey by TeamLease found.

29th March, 2022: Veranda Learning Solutions raises Rs.46.75 crore from anchor investors

Chennai-based learning solutions provider Veranda Learning Solutions on March 28 raised Rs 46.75 crore from three anchor investors, ahead of public issue launch. The company informed exchanges that they have finalized allocation of 34,12,500 equity shares to anchor investors, at an upper price band of Rs 137 per equity share.

28th March, 2022: Online higher education market to touch $5 billion

Online higher education is emerging as the fastest growing sub-segment of EdTech, according to consulting firm Redseer. The strategy consultant said the higher education and lifelong learning market is poised to become a $5 billion market by 2025.

28th March, 2022: EdTech firm Schoolnet eyes Rs.6000 crore in 5-7 years

EdTech firm Schoolnet aims to grow multifold to generate Rs.6000 crore in the next 5-7 years of expansion from services in schools and subscriber growth on its learning app. The 25-year-old firm provides digital classrooms to about 40,000 schools currently, along with digital learning content and training teachers.

24th March, 2022: Veranda Learning Solutions IPO to open on March 29, price band at Rs.130-137 per share

Veranda Learning Solutions has decided to launch its maiden public offer for subscription on March 29. This would be the second initial public offering (IPO) getting launched in the current month. The price band for the offer has been fixed at Rs 130-137 per equity share. The learning solutions provider is planning to raise Rs 200 crore through the public issue that will close on March 31.

24th March, 2022: Simplilearn and JobsForHer to upskill 1000 women to make them job-ready

Simplilearn, an online boot camp for digital economy skills training has announced its partnership with JobsForHer, e-platform for women’s careers, to train and upskill 1,000 women in the next year in Full Stack Java Development, making them job-ready.

23rd March, 2022: Coursera Campus Skills Report 2022: Indian students acquiring skills to be employable in the country’s fastest growing digital economy

Coursera, one of the largest online learning platforms in the world, has launched its Campus Skills Report 2022. According to Coursera data, Indian students are preparing for jobs in the fast-growing digital economy, building foundational and emerging digital skills like HTML and CSS, Cloud Computing, Blockchain, and C programming. 

16th March, 2022: Cosmea Financial Holdings forays into edtech space

Sam Ghosh-promoted Cosmea Financial Holdings (CFH) a financial services start-up has forayed into the edtech space with the launch of Torus Primero Edutech Private Limited (TPEPL). TPEPL is a joint venture between CFH and Delhi-based Primero Skills and Training that aims at providing vocational training to 1 million youth across 40 sectors over the span of next 18 months.

15th March, 2022: Career Launcher gets Knowledge Tree

EdTech platform Career Launcher, a part of CL Educate, announced the acquisition of Knowledge Tree, the largest CL business partner in the Delhi-NCR region. Knowledge Tree will join and lead the Delhi-NCR team, focused on accelerating business growth through a blended and omni-channel model approach.

15th March, 2022: Retired SC Judge Dr. BS Chauhan appointed as Chairperson of India EdTech Consortium

In January this year several edtech companies such as Byju’s, Careers360, Doubtnut, upGrad, Great Learning, Harappa, Scalar, Simplilearn, Unacademy, Vedantu among others came together to form the IEC under the aegis of IAMAI.

14th March, 2022: EdTech platform Unacademy hopes to launch an IPO in 2 years

Online learning has become the new normal post-pandemic, and many edtech platforms have announced their plans to go public in the recent months. Launching an experience centre- Unacademy Store- on Friday in Delhi, Gaurav Munjal, Co-Founder and CEO, Unacademy Group said apart from the store in Delhi, the start-up also aims to launch three more stores in Jaipur, Lucknow and Kota.

14th March, 2022: EdTech startup Classplus raises $62 million from Alpha Wave, Tiger Global

Delhi NCR-based edtech startup Classplus is raising INR 474 Cr (nearly $62 Mn) in a fresh round of funding led by existing investors Alpha Wave Ventures and Tiger Global. Both Alpha Wave Ventures and Tiger Global will be pumping in INR 158 Cr (around $20.6 Mn).

14th March, 2022: Byju’s CEO pumps 50% of $800 million in latest fundraise; valuation tops $22 billion

Edtech firm Byju’s has raised $800 million (about Rs 6,000 crore) in the latest funding round, with founder and Chief Executive Officer Byju Raveendran contributing half of it. Sumeru Ventures, Vitruvian Partners, and BlackRock also participated in this round, taking the Bengaluru-based company’s valuation to about $22 billion from $18 billion earlier.

10th March, 2022: AICTE chief says digital learning can help achieve 50% GER

At a time when digital learning was taking baby steps, the Covid-19 pandemic suddenly made it to the order of the day, said Anil Sahasrabudhe, Chairman of All Indian Council of Technical Education (AICTE). Despite various challenges including lack of connectivity, affordable devices and data charges, digital learning can help the country achieve 50% Gross Enrollment Ratio aimed for by the National Education Policy.

9th March, 2022: Simplilearn wins gold for their sales & customer service at the 2022 Stevie Awards

Simplilearn, the world’s #1 online boot camp for digital economy skills training, has been awarded the Gold Award for their Sales & Customer Service at the 2022 Stevie Awards. Simplilearn was nominated for ‘Expanded Platform for Digital Skills Learning for Individuals and Enterprises’ under the ‘Customer Service Success – Other Service Industries’ category. 

9th March, 2022: EdTech startup Eruditus raises $350 mn debt from CPPIB

Educational Institutions Company Eruditus has raised $350 mn in debt financing from Canada Pension Plan Investment Board for Emeritus, its online arm. The money will be used to fuel mergers & acquisitions as part of its global growth strategy.

7th March, 2022: Scaler Acquires Online Learning Platform AppliedRoots for $50M

Bengaluru-based upskilling platform Scaler has acquired online learning platform AppliedRoots for $50 million to strengthen its data science, artificial intelligence, and machine learning offering.

4th March, 2022: EdTech startup Filo raises $23 mn in Series A round led by Anthos

EdTech startup Filo on Thursday said that it has raised $23 mn in a series A round led by Anthos Capital. The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital and individual investors including Gokul Rajaram, Rob Frowein etc.

3rd March, 2022: EdTech startup Engg online raises funding to build immersive learning solutions for engineering students

Augmented reality-based edtech startup, ENGG Online, has raised $3.5 Mn in a Pre-Series A round led by ace angel investors including Madhu Kela, PS Jayakumar, and Aamara Capital’s Kishor Shah. The round saw participation from a slew of HNIs including Antique Group’s Kirti Doshi, Autumn Investments’ Sanjay Dangi, Anurag Jain, Rajani Associates’ Prem Rajani, Akshay Gupta and N Jayakumar.

1st March, 2022: Bengaluru School becomes world’s first web 3.0 school

21K School, has launched its very own NFT Marketplace, as well as, introduced Metaverse and Web 3.0 for their K12 students around the world. Transitioning online schooling from Web 2.0 to the world’s first Web 3.0., the visionary 21K School founders have taken their keen interest in technology and are adopting it for the school of the future, where students will be encouraged to use technology to amplify their learning journeys.

25th February: Simplilearn collaborates with Wharton Executive Education to provide program on AI for business

Digital skill training provider Simplilearn, collaborates with Aresty Institute of Executive Education of the Wharton School to launch its new course on AI for Business. The course will offer the fundamental understanding of big data, AI, and machine learning and its application in marketing, finance, and management to enhance organization strategy. 

25th February, 2022: Jindal Global Business School signs MoU with 11 international universities

Jindal Global Business School (JGBS) of O P Jindal Global University (JGU), has signed MoU with 11 international universities in 5 countries including Wharton School at the University of Pennsylvania, USA, the Thunderbird School of Global Management at Arizona State University, USA and the University of Queensland Business School, Australia.

25th February, 2022: CollegeDekho acquires Getmyuni for Rs.50 crore in a mix of cash and equity deal

EdTech firm CollegeDekho has acquired its peer firm Getyumni for Rs.50 crore in a mix of cash and equity deal; a move which will aid the company’s revenue growth. Post the acquisition, Getyumni will continue to operate independently and some of its members will join the board of the combined leadership team. 

23rd February, 2022: EdTech platform Lido lays off 200 staff; to be acquired soon

Just five months after raising $10 million from Ronnie Screwvala’s Unilazer Ventures, edtech startup Lido Learning is facing financial constraints. The firm is struggling with day to day operations and will be acquired by another edtech company in a week.

23rd February, 2022: Byju’s owned upskilling platform Great Learning buys recruitment firm Superset

Byju’s-owned upskilling platform Great Learning on Tuesday said it has acquired Superset, a recruitment platform backed by Blume Ventures. Superset will continue to operate under the leadership of its co-founders Naman Agrawal and Pranjal Goswami.

23rd February, 2022: Simplilearn doubles revenue in six months after Blackstone investment, strengthening CXO positions : Founder Krishna Kumar

Edtech platform Simplilearn has doubled its revenue within six months of global private equity firm Blackstone taking a controlling stake in it, and the online higher education company is strengthening its CXO-level positions as it seeks to accelerate growth. Krishna Kumar, founder and chief executive of Simplilearn, told Moneycontrol in an interview that when Blackstone came on board in July-August, it had reported a revenue of Rs 357 crore and now that has crossed Rs 800 crore. And by end of next fiscal (FY23), the number is set to be more than Rs 1,300 crore.

21st February, 2022: Paper Raises $270M Series D to Make 24/7 Academic Support a K-12 Standard

Paper, a leading software provider of unlimited, 24/7 academic support, has raised $270 million in its Series D funding round, featuring both a primary and secondary offering. Paper addresses the greatest challenges school districts face in implementing effective tutoring: cost, equity, and scale. It partners with school districts to deliver 1:1 tutoring that is equitable, scalable, and cost-effective. School districts contract with Paper for a fixed price, unlimited usage model that uplifts their entire school community. Students and families get equitable, on-demand support from multi-lingual tutors, teachers get the help of 24/7 online assistants to track student progress and personalize instruction, and administrators get actionable data to inform strategic decisions.

18th February, 2022: BrightChamps Makes Its First Acquisition With Financial Literacy Education Platform Education10x

BrightChmaps, a next-generation life skills learning platform for kids, has announced the acquisition of Education10x, a financial literacy education platform for children, in a cash & stock deal, marking its first acquisition since its inception.

17th February, 2022: Online learning platform Entri.app raises $7 mn from Omidyar, others

Entri.app, an online learning app, said it raised $7 million in a funding round led by impact investor Omidyar Network India. The app offers local language courses on upskilling for growth in the private sector and cracking exams for government jobs.

17th February, 2022: Byju’s looks to invest $200 million to grow its offline play

EdTech unicorn Byju’s is looking to invest $200 million in offline tuition centers over the next 12-18 months, to cater to students from grades 4 to 10. The company conceptualised its offline foray last year after the acquisition of tutorial chain Aakash Education Services for an estimated cash-and-stock deal worth $950 million.

16th February, 2022: Akash eyes expansion, to open 75 new centres

Akash Educational Services, owned by Byju’s, plans to open 75 new centres this year in India this year as it hopes that demand for offline education will revive in line with the lifting of covid curbs. Akash’s move of opening more physical study centres comes at a time when traditional tuition classes have closed.

14th February, 2022: HITS e-learning arm aims to tap edtech market

As a testament to nation’s vision towards making education accessible to all through digital platforms, CODE, the e-learning arm of Hindustan Institute of Technology and Sciences (HITS), Chennai aims to tap into the edtech market as it prepares to welcome students for the academic year 2022-23.

14th February, 2022: Ex-Googler launches India’s largest edtech marketplace, helps professionals make upskilling decisions from 12k+ top global courses and programs

Vijay Singh, founder of Careervira, explains, “Our platform is simply an ‘Amazon of learning’. If you are a professional looking to upskill, make a learning decision for a job or a career change or to get that promotion, simply explore our platform and make faster & better upskilling decisions. We provide quality upskilling & professional learning choices from Indian and international partners for bootcamps, executive education, certifications, and online degrees.”

10th February, 2022: What are employees learning across corporates?

According to research, 16% of the companies in the world are completely remote and face no issues whatsoever. The trend of remote working doesn’t seem to slow down anytime soon with Omicron infections on the rise. The ability to work effectively from any part of the world is a skill that is going to be taught and trained at many corporate companies. 

8th February, 2022: Salesforce Launches Global Digital Skills Index: In-Depth Insights from 23,000 Workers

Salesforce’s 2022 Global Digital Skills Index reveals a growing digital skills crisis. This article takes an in-depth look at the findings, based on what 23,000+ workers across 19 countries say about digital skills, including their impact on the future of work, concerns about job readiness, and the significance of continuous learning. 

7th February, 2022: More students from tier-1 cities are upskilling in emerging tech

At least 98% male students and 94.41% female students are inclined to upskilling. The trend for upskilling is slowly gaining momentum in Tier 2 markets. The overall engagement was witnessed the least in tier 3, then tier 2 and finally tier 1. 

2nd February, 2022: Union Budget 2022 | Post-Budget Reaction

“The global pandemic forced the closure of educational institutions which led to a huge loss of learning for children in the rural areas. The government’s decision to launch Digital DESH e-portal for the skilling, reskilling and upskilling of the youth is definitely a great incentive keeping in mind the importance of upskilling and reskilling in the present scenario. Another highlight of the Union Budget 2022 is the setting up of a Digital University to provide access to students for world-class quality education with ISTE Standards. This is going to drive a huge change in the lives of the students across the country. The initiatives announced by the Government of India today will pave the way for building a workforce that will be skilled and ahead of the curve in their respective professions.”

2nd February, 2022: Upskilling startup Scalar Academy raises $55 mn, valuation touches $710 mn

EdTech startup InterviewBit’s upskilling platform Scaler Academy has raised $55 Mn in a Series B funding round at a $710 Mn valuation led by Lightrock India, a new investor, and existing investors Sequoia Capital India and Tiger Global.

1st February, 2022: Budget 2022: Progressive impetus needed to create a cohesive EdTech ecosystem in India

2021 was yet another great year for the EdTech sector with huge capital inflows, and consolidation underlining the mammoth opportunity and value it presents for consumers and EdTech companies. EdTech has played a significant role in ensuring continuity for learners even during a time of disruption in the traditional ecosystem.

1st February, 2022: Tech upskilling firm Scalar completes $55 million funding

Scalar, one of the fastest growing tech upskilling startups, said that it has successfully completed the Series B funding of $55 million led by new investor Lightrock India along with two existing investors, Sequoia Capital India and Tiger Global.

31st January, 2022: The government does not oppose EdTech companies, but it is not allowed to where even IIM cannot go: AICTE Chairman Anil Sahasrabudhe.

Companies and start-ups such as Byju’s, Careers 360, Great Learning, Harappa, Times Edutech & Events Ltd, Scalar, Simplilearn, Toppr, Unacademy, upGrad, Vedantu, WhiteHat Jr are now participating in the IEC and are a general “code of conduct”.

28th January, 2022: Teachmint acquires MyClassCampus

Teachmint has bought MyClassCampus, an educational ERP software, management and communication company. This is the fourth acquisition in two months for Teachmint. In December, Teachee’s India team, Teachmore and Air learn. 

28th January, 2022: Sequoia, Owl Ventures board upskilling platform Growth School with USD 5 million funding

Community-led live learning platform Growth School has roped in US-based private equity major Sequoia Capital India and EdTech-focused investment firm Owl Ventures, who led a USD 5-million funding round along with over 70 angel investors.

25th January, 2022: Ethical sales, finance policies, grievance redressals – how EdTech companies are self-regulating

Ensuring ethical sales practices, transparent marketing communication backed with authentic data and validated proof of performance, a robust financial policy and proper grievance redressal — these are some of the targets included in the code of conduct drawn up by the Indian Edtech Consortium (IEC), a recently launched self-regulating body for all Edtech platforms that choose to be a part of it.

24th January, 2022: EdTech companies work to get communication right with the ASCI

Top Indian EdTech startups such as upGrad, Byju’s and Unacademy which had recently formed a consortium for self-regulation are now consulting with independent advertising body ASCI (Advertising Standards Council of India) to address one of the most critical concerns for the online education sector – their communication. 

22nd January, 2022: StayQrious launches World’s first neo-school to make international standard education accessible to all

With the vision to make international standard education accessible to everyone, StayQrious, an ed-tech start-up, has launched the concept of a Neo school. A Neo school is an online school that teaches children real-world skills, social confidence, and learning mindsets that regular schools and tuitions don’t teach.

19th January, 2022: Online mentoring platform MyCaptain raises $3 million in funding

Online mentoring platform MyCaptain has raised $3 million in a fresh funding round led by Ankur Capital. The round also saw participation from Inflection Point Ventures, Firstport Ventures, IIM Calcutta Angels Network, Singapore Angel Investors and other super angels.

18th January, 2022: upGrad net loss widens as advertising expenses jump two-fold in 2021

Ronnie Screwvala-led edtech firm upGrad Education Pvt Ltd’s net loss widened nearly threefold in 2020-21 (FY21) as the company doubled its advertising and promotional expenses during the year. The company reported a consolidated net loss of Rs 211 crore for FY21, against a net loss of Rs 78 crore for 2019-20 (FY20). 

6th January, 2022: BITS Pilani WILP Becomes Employee Education and Upskilling choice for tech companies Mphasis

The Work Integrated Learning Program (WILP) Division of BITS Pilani has entered into a collaboration with Mphasis, a leading technology company. The collaboration will begin with enrolling 250 Mphasis employees for an M.Tech. Program offered by BITS Pilani’s WILP, a trusted ally of the Indian Industry to develop future skills talentThe Mphasis employees will be able to pursue their M.Tech. Program while pursuing their jobs and without taking any career breaks.

4th January, 2022: Government to bring policy to regulate edtech companies

India’s edtech start-ups are on a demand upswell since the outbreak of the pandemic. The demand has put firms like Byju’s, Unacademy, upGrad, Simplilearn, Vedantu, and others in a fast growth trajectory. Dozens of start-ups have garnered funding rounds from investors, betting big on Indian start-ups that are seeking to capture a pie of the massive education market in India and abroad.

3rd January, 2021: Teachmint acquires Airlearn to expand developer offerings

Education infrastructure startup Teachmint has announced the acquisition of Airlearn, a video engagement platform for education businesses, in a cash-and-stock deal to expand its developer offerings. With this deal, Teachmint strengthens its developer offering called Teachstack, enabling edtech companies across the globe to build state-of-the-art classroom solutions for their users.

31st December, 2021: NIIT’s Skill Biz Set for EdTech-like Rejig

Skills and corporate development firm NIIT will approach its skill development business like an educational technology company and invest in growing it in line with changing market conditions. The skills business, which operates primarily in India and Chinahas so far been a purely brick and mortar model.

30th December, 2021: Teachmint buys video engagement platform

Education infrastructure startup Teachmint has acquired Airlearn, a video engagement platform for education businesses in a cash and stock deal. This is Teachmint’s third acquisition. Earlier the company acquired course selling platform Teachmore and Teachee India.

28th December, 2021: EdTech unicorn Eruditus onboards GSV Ventures, CPP Investments in $650 mn funding round

Eruditus, which offers executive-level courses from top universities, onboarded GSV Ventures and CPP Investments in the $650 million round. The Mumbai-based firm raised the funds only four months ago, from Accel and Softbank Vision Fund 2, which essentially quadrupled its valuation to $3.2 billion.

24th December, 2021: Codecademy sends it with Skillsoft in a $525 mn deal

Coding class platform Codecademy has sold to Skillsoft for $525 million, in a mix of stock and cash, marking yet another instance of consolidation in the educational technology sector. The sale comes nearly a year after Codecademy raised a $40 million Series D and pivoted its consumer-focused product to serve more enterprise customers.

23rd December, 2021: Teachmint acqui-hires the Indian arm of Singapore based startup Teachee

Teachmint, an education infrastructure startup and the creator of India’s largest teaching platform, today announced that it has acqui-hired the Indian arm of edtech startup Teachee. Helping educators and creators sell courses online, Teachee was launched in India in October 2020 by Vlight Technology Pte, a Singapore-based company. 

23rd December, 2021: Schoolnet and EnglishHelper launch ‘Read To Me’ across 90,000 schools of Maharashtra

Schoolnet, a unique and leading edtech company that provides technology-based education services to schools, today announced that they have partnered with EnglishHelper to launch ReadToMe® in 90,000 schools across Maharashtra. ReadToMe® is an AI-powered technology that enables multisensory reading of curriculum prescribed in English

21st December, 2021: Masai School acquires Data Analytics Institute Prepleaf for $1m

Bengaluru-based edtech startup Masai Schoolhas acquired Delhi-based placement preparation company – Prepleaf for $1 million. The acquisition will help Masai offer courses in data and business analytics along with web development, and UI/UX design.

20th December, 2021: Simplilearn launches job guarantee program for data science learners in India

Simplilearn, the world’s #1 online boot camp for digital economy skills training, today announced the launch of a first of its kind job guarantee program in Data Science. The program ensures learners of a guaranteed job within six months (180 days) of graduation or a 100% refund on the program cost, if otherwise. The program is best suited for final year students, fresh graduates, and working professionals with up to five years of work experience who wish to kickstart or advance their careers in the exciting world of data science. 

20th December, 2021: 9 unicorns, Chiratae Ventures, others back edtech startup ByteLearn

ByteLearn, an artificial intelligence-powered teaching assistant, has raised $9.5 million in a Seed funding round led by 9Unicorns, Chiratae Ventures and Leo Capital. The round also witnessed the participation of Venture Catalysts, Goodwater Capital, Earlsfield Capital, Kettleborough VC, PitchRight Ventures, AdvantEdge VC, Srini Rai (Growthstory), Anand Chandrasekaran (Facebook, F9).

20th December, 2021: EdTech and smart classroom market growing at a CAGR of 16.1%, key player Cisco, Google, Blackboard, Microsoft, Oracle

The global EdTech and smart classroom market size is expected to grow from USD 85.8 billion in 2020 to USD 181.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The major factors driving the growth of the EdTech and smart classroom market include increasing penetration of mobile devices and easy availability of internet , and growing demand for online teaching-learning models , impact of COVID-19 pandemic and growing need for EdTech solutions to keep education system running.

17th December, 2021: EdTech firm Adda247 acquires UPSC prep platform StudyIQ

Edtech firm Adda247 said that it has acquired UPSC focused edtech platform StudyIQ Education for $20 million in a cash and stock deal. Study IQ claims to have an organic subscriber of 11 million.

17th December, 2021: Byju’s in talks to go public via SPAC

Byju’s is in advanced discussions for a public listing in the US in partnership with Michael Klein’s special purpose acquisition company (SPAC) that could value the EdTech giant at $48 billion. Advanced discussions are going on with Churchill Capital’s SPAC about the deal that could be completed in the next few months. 

10th December, 2021: Professional L&D Marketplace Learnerbly raises raises $10 mn Series A rounding

Learnerbly, a SaaS marketplace for professional development, has raised $10 million in a Series A funding round led by the transatlantic venture capital firm Beringea. Other investors including Digital Horizon Ventures, BY Venture Partners, GO Ventures, and FJ Labs, and existing investors such as Frontline Ventures, Triple Point.

7th December, 2021: EdTech firm PlanetSpark raises $13.5 million in Series B round

EdTech platform for kids PlanetSpark raised $13.5 million from Prime Venture Partners as it looks to double down on growth. Marquee global entrepreneurs Flipkart’s Binny Bansal, MakeMyTrip’s Deep Kalra also participated in the fundraise. The latest round takes the total sum raised by PlanetSpark to $17.2 million.

6th December, 2021: upGrad set to acquire Talentedge for Rs.350-400 crore

upGrad is set to acquire Talentedge, India’s 4th largest online higher education company, for around Rs.350-400 crore. It has entered into an exclusive agreement to acquire Arrina Education Services, the holding company of Talentedge Education Ventures.

6th December, 2021: Scale-ups from India; The Next Leap – Learnings From Indian Tech Scale Ups

NASSCOM’s first report on scale-ups analyses nearly 100 shortlisted scale-ups around various metrics like time to scale, revenue growth, funding and more. The report covers a strategy playbook section that charts out the journey of a firm from a start-up to a successful scale-up and key success mantras that can be emulated. Quote: “When you find the right product market fit, go big on it”  (Anand Narayanan, CPO, Simplilearn)

3rd December, 2021: CollegeDekho closes series B round raising $35 million led by Winter Capital, others

CollegeDekho, college admissions, and higher education services platform, has announced the completion of its Series B funding round, where it raised $35 million (~Rs 260 crore) with participation from Disrupt ADQ and QIC. The round was backed by Winter Capital, ETS Strategic Capital, ETS’s private equity investment subsidiary, Calega, alongside existing investor Man Capital, who invested $26.5 million in September.

30th November, 2021: Zoho enters EdTech biz with a focus on training

Zoho, the parent of technology brands such as Zoho and Qntrl, has launched its TrainerCentral business division in India which offers a training platform in India to serve the booming e-learning market. The new business is based in Chennai and will remain bootstrapped like Zoho’s other divisions. 

23rd November, 2021: Unacademy sees fourfold growth in FY21 revenue

EdTech platform Unacademy’s consolidated net loss widened more than six times in FY 2021 from the previous year due to rising promotional expenses and employee benefits even as consolidated revenue rose fourfold during the period.

23rd November, 2021: ByteDance shutting down EdTech business in India

ByteDance is closing down its educational technology services in India. The company informed about a halt on Monday, after exploring a plan to migrate staff to work with the European business.

17th November, 2021: Manipal and SalesForce team up for Skill Development Academy

Manipal Global Education Services will partner with customer relationship software maker SalesForce to launch a skill initiative for building a talent pool of trailhead certified professionals through a Business to Consumer (B2C) and Business to Academic (B2A) model.

16th November, 2021: Sulekha enters EdTech

Sulekha, a leading marketplace for expert services has forayed into the EdTech space by launching a distinct English learning platform – Capshine.  The fully online learning platform sees aspirants wanting to study abroad along with professionals as their primary target audience.

15th November, 2021: Nasscom plans to upskill close to a million by next year

IT Industry body Nasscom is in talks with countries such as Canada to develop and upskill talent in emerging technologies. Given the talent crunch in IT sector, Nasscom has set a target of upskilling close to a million people by next year.

15th November, 2021: Education infrastructure startup Teachmint announces a first of its kind continuous ESOP liquidity plan at the heels of its latest $78 million series B fundraise

Teachmint, an ed-infra startup and the creator of India’s largest teaching platform, today announced an industry-first Continuous ESOP Liquidity Plan (CELP) to reward and recognize the contributions of its team. This initiative also makes Teachmint among the first Indian startups to give its team members complete control over the liquidation of their ESOPs.

12th November, 2021: uFaber launches accelerator programme for early-stage EdTech startups

uFaber, operated by uFaber Edutech Pvt Ltd, on Thursday said it has launched an accelerator programme of Rs 10 crore (around $1.35 million) for early-stage startups in the ​EdTech space. The programme will extend financial and operational support to the selected startups. The company will also provide access to its network, customer pool and related assets for the chosen startups.

12th November, 2021: Online education platform Veranda Learning files Rs.200 crore IPO papers with SEBI

Online education platform Veranda Learning Solutions Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 200 crore through an initial share sale. The initial public offering (IPO) is the primary issuance of equity shares, according to the draft red herring prospectus (DRHP).

11th November, 2021: VMware signs MoU with Intel in India to help women developers restart their career

VMware, Inc. announced its collaboration with Intel in India, to enable women developers restart their careers after a break. VMware’s VMinclusion Taara – one of India’s largest upskilling programs will collaborate with Intel’s Home To Office (H2O) program under the umbrella of Intel India’s ecosystem-wide BeingWISE (Women Innovators, Social leaders and Entrepreneurs) initiative to empower developers with relevant skills and career opportunities.

10th November, 2021: India becomes Coursera’s second largest market with 13.6 million users

The pandemic has ​led to a growth in online learning and the company said that over 20 million new learners have joined Coursera in the past year alone. The growth of the platform has outpaced pre-pandemic levels. In 2019, the platform had 44 million users which jumped to 92 million registering a growth of a whopping 109 per cent.

10th November, 2021: Infosys offers digital springboard for students and professionals

Infosys is offering a digital springboard to students and working professionals in a reskilling initiative that is expected to benefit over 10 million people by 2025. Infosys Springboard has been developed by the infotech major in collaboration with leading digital educators like Coursera and Learn ship. The curriculum is fully aligned with India’s new National Education Policy 2020, according to an official statement issued by Infosys.

9th November, 2021: IIT Jodhpur launches first ever online PG Diploma with academic ​credits in data engineering and cloud computing

IIT Jodhpur alongside its knowledge partner WileyNXT has launched an online PG diploma course with academic credits in data engineering and cloud computing. For this exclusive, unique, and specialized PG Diploma by IIT-Jodhpur, Wiley is also facilitating a career assurance program for successful candidates. Post the completion of the program, Wiley will help these PG Diploma holders in finding relevant jobs.

9th November, 2021: EdTech startup BrightChamps raises $63 mn at a nearly $500 mn valuation

EdTech startup BrightChamps Tech Pvt Ltd, which offers new-age online courses like programming, artificial intelligence, design thinking and financial literacy, has raised $63 million at a valuation of nearly $500 million. The funds came from investors like Premji Invest, GSV Ventures, Flipkart’s co-founder Binny Bansal, Singapore-based Beenext and Bangalore-based 021 Capital.

8th November, 2021: IIT Bombay and Coursera launch two certificate programs

The Indian Institute of Technology (IIT) Bombay, in partnership with Coursera, has launched two new certificate programs – Digital Transformation and Power Electronics and Motors for Electric Vehicles (EVs). These programs will help learners gain technical, managerial, and leadership skills, including strategic decision making, business operations, data management, and Electric Vehicle Technology, improving the overall employability of learners including young professionals for high-demand jobs.

3rd November,2021: Unacademy acquires online learning platform Swiflearn

EdTech platform Unacademy on Tuesday announced the acquisition of Swiflearn, an online platform that provides live face-to-face online tuitions for school students, for an undisclosed amount. The acquisition is in line with Unacademy’s plans to strengthen its position in the K-12 category and optimize its product offerings in the space.

2nd November, 2021: Online learning company Udemy valued at $3.7 billion in market value

Online learning company Udemy Inc, which has grown rapidly over the past year due to a surge in demand for online learning, was valued at $3.7 billion after its shares opened seven per cent below offer price in their Nasdaq debut on Friday.

27th October, 2021: Vijay Shekhar Sharma, Kunal Shah and 19 Angel Investors back EdTech startup Masai School

Bengaluru-based EdTech startup Masai School has raised funding from 21 angel investors including Unicorn startup founders such as Kunal Shah of Cred, IPO-bound Paytm’s founder Vijay Shekhar Sharma, Delhivery’s Mohit Tandon, Vipin Pathak of Cars24 among others.

26th October, 2021: HomeSkul e-learning app

Kerala based EdTech startup HomeSkul has launched the first home-grown afterschool e-learning app which provides Artificial Intelligence (AI) and Augmented Reality (AR) powered personalized learning experience for students. 

26th October, 2021: Byju’s may raise $500 million in debt

EdTech unicorn byju’s is looking to tap the US market for high yield loans to raise as much as $500 million through a so-called Term Loan B debt funding as the startup looks to augment its equity with some debt to create a bigger warchest for inorganic growth. 

26th October, 2021: IIT Bombay launches two certificate courses in digital transformation, power electronics

IIT Bombay in partnership with EdTech platform Coursera, has launched two new certificate programs — digital transformation and power electronics and motors for electric vehicles (EVs). These programs will help learners gain technical, managerial, and leadership skills.

25th October, 2021: Need for data protection framework for the EdTech sector

Covid-19 accelerated the education sector’s digital revolution in India. While India’s overall gross domestic product (GDP) contracted 7.3% in 2020-2021 due to Covid-19, the EdTech sector was an outlier, registering a phenomenal growth. The sector also received a surge of private equity/venture capital funding, from $325 million in 2019 to $1,833 million in 2020, i.e., an increase of 464%! 

25th October, 2021: IIM-A wary of over investing in online learning, vouches for physical interactive space

Premier management school IIM-Ahmedabad (IIM-A) is wary of over-investing in online education, batting instead for the traditional brick-and-mortar model of teaching, even as the EdTech sector is booming in India. Several management colleges, including the IIMs, have been launching online MBA programs to all in collaboration with EdTech platforms.

18th October, 2021: Larsen and Toubro launch L&T Edutech, appoints Sabyasachi Das as CEO

Larsen & Toubro (L&T), an industrial behemoth, has penetrated India’s booming ed-tech sector with the launch of L&T Edutech. It’s a portal that will provide courses in the engineering and technology domains. Sabyasachi Das has been appointed as CEO of the company’s new venture. Das was a senior vice president and member of Cognizant’s executive leadership team (ELT) before joining L&T. 

18th October, 2021: Decoding Vedantu’s Series E round and shareholding pattern

EdTech startup Vedantu recently graduated to the coveted unicorn club after its $100 million Series E round led by Singapore based ABC World Asia. While the company only divulged the size of the round and valuation, Fintrackr has decoded other crucial details of the financing round such as round break-up, current shareholding structure and employee stock option (ESOPs) pool.

12th October, 2021: Unacademy’s Graphy acquires Spayee for $25 million

Unacademy group-owned content platform Graphy disclosed the acquisition of ed-tech platform Spayee for $25 million on Monday. The acquisition will contribute to improving Graphy’s presence in the creator ecosystem, as well as expand its coverage and allow it to optimize its product offerings. Spayee will continue to function independently following the acquisition.

11th October, 2021: Google to train 40 million new people with cloud skills

Google has recently announced the launch of Google Cloud Skills Boost, it is a platform for the online learning, skills development, and certifications, managed and delivered directly by Google Cloud. Google says that the Cloud Skills Boost will enable learning and professional development at an unprecedented scale.

4th October,2021: upGrad Campus launches best-in-class online courses to make college students job ready

upGrad Campus announces the launch of a range of world-class online Certificate courses across Digital Marketing, Data Analytics, Business Analytics, Full Stack Development, Dev-Ops, and Cybersecurity which are carefully designed for making the youth/college students ready for the digital world of work. 

4th October, 2021: EdTech decacorn Byju’s is raising Rs.2000 crore in funding

Byju Raveendran-led edtech decacorn BYJU’s is raising INR 2,200 Cr ($296 Mn) in a funding round led by Oxshott Venture Fund. According to the company’s RoC filings, Edelweiss, Veriton Fund, XN Exponent Holdings, and MarketX Ventures will also be participating in this round of funding — which appears to be part of its ongoing Series F round.

1st October, 2021: EdTech unicorn Unacademy pumps $20 million in its job finding platform Relevel

Edtech giant Unacademy has made a fresh infusion of $20 Mn in its group company Relevel. The investment comes almost four months after Unacademy launched Relevel, a platform that helps job seekers to find jobs after taking tests within 15 days. Unacademy claims that Relevel has over 2.35 Lakh users and 100% placement rate for users who have qualified for its upskilling tests.

30th September, 2021: Live online tutoring startup Vedantu in unicorn club with $1 billion valuation

Vedantu, the pioneer in live online tutoring, has raised $100 million in its Series E round, led by Singapore based impact investing fund ABC World Asia. The round also saw strong participation from existing investors – Coatue, Tiger Global, GGV Capital, Westbridge among others.

29th September, 2021: Voice command for clearing doubts

The Toppr, a K-12 after-school learning platform is partnering with Google assistant to resolve students’ doubts instantly and learn subjects’ concepts through voice search. This launch pioneered by Toppr is a first of its kind in the Indian EdTech space.

28th September, 2021: 88academics India raises $3 mn in pre-series A round

EdTech firm 88academics on Monday said that it has raised equity financing of about $3 mn in funding, led by Aarin Capital Partners. The pre-series A round also saw participation from Piyush Gupta, Vinod Gupta, PS Jayakumar among others.    

27th September, 2021: EdTech platform BrainGymJr. raises funds in angel round

Subscription based EdTech platform BrainGymJr. has launched fully automated portal for children between age 5-11 years. The launch comes after the Mumbai based company raised Rs. 2.5 crore in an angel round in July 2021.

24th September, 2021: Veranda acquires Edureka for Rs.245 crore, deepens foray into EdTech

Veranda Learning Solutions on Thursday said it has acquired Edureka, a live-instructor-led online solutions provider for the IT industry, for ₹245 crore. Veranda, in a statement, said it is planning an outlay of around $100 million for acquisitions over the next six months to “seize the opportunities opening up in the edtech space”.

23rd September, 2021: Simplilearn sees 200% growth in programming courses

Simplilearn, the World’s Largest Online Bootcamp, which launched the Full Stack Development Job Guarantee Program in June 2020, has seen 200% growth year on year in India.  Given this growth, Simplilearn has launched a three-pronged approach to take on the goal of training and placing 10 lakh programmers in India by 2023.

21st September, 2021: Large scale online assessments

Samsung Ventures backed EdTech startup TagHive Inc., has successfully stepped into the online assessment domain by pioneering a paradigm shift in the education sector of India. TagHive Inc., provided Kaivalya Education Foundation a platform to successfully conduct large scale assessments.

16th September, 2021: EdTech startup Harappa announces Bridge Charter 2021

Harappa, a homegrown EdTech startup and India’s leading online institution for behavioral skilling, today announced Bridge Charter 2021, strengthening Harappa’s commitment to lead the professional learning ecosystem and human capital into a transformative future.

14th September, 2021: Byju’s in talks to acquire US coding company Tynker

EdTech unicorn Byju’s is in talks to acquire US-based coding platform for kids, Tynker, in a cash and stock deal. It is going to be their ninth acquisition this year. This will also mark Byju’s third acquisition in the US post the deals with Osmo and Epic.

14th September, 2021: Next learning partners with Coursera

UNext Learning, an ed-tech company that offers end-to-end online learning, professional skilling and assessment solutions, announced its partnership with Coursera to offer access to curated courses to their learners. With this collaboration, students who enroll in online degree programs offered on UNext’s platform through partner institutions get access to over 7000 cutting edge courses that have been specially curated for each program by Coursera for Campus.

8th September, 2021: Infosys launches online learning courses aligned with National Education Policy 2020

Infosys, a worldwide leader in Next-GEN digital services and consulting, announced the launch of Infosys Springboard to expedite its Environmental, social and governance (ESG) goal to expand digital reskilling initiatives to 10 million-plus people by 2025. The flagship program is under the CSR of Infosys that aims to provide a curriculum-rich virtual platform giving corporate-grade learning experiences.

7th September, 2021: upGrad enters personalized career services segment with ‘upGrad mentorship’

The new product, upGrad Mentorship, offers a range of personalized career services, including 1:1 mentoring sessions with industry experts to help working professionals get past the challenges in their career trajectory. From helping them write resumes and LinkedIn profiles to building new skills and prepping for interviews, to finding candidates suitable job openings and enabling smooth career transitions — upGrad Mentorship wants to be the one-stop solution for all.

6th September, 2021: Unacademy shuts Mastree after a year of acquisition

EdTech firm Unacademy has shut down Mastree a year after acquiring a majority stake in the startup. It has invested $5 million in Mastree last year as it wanted to strengthen its presence in the K12 learning space. Mastree was building a subscription product for STEAM ( Science, technology, engineering, arts and maths). 

6th September, 2021: Byju’s loss widens to Rs.250 crore in FY 20, revenue grows 82%

Byju’s reported a loss of Rs.250 crore for fiscal year 2019-20, compared to just 9 crore in the previous year. Losses widened as expenses more than doubled to Rs.3,021 crore from Rs.1,376 crore.  It paid Rs 420 crore as employee benefit expenses, which made up around 14% of its aggregate expenditure.

3rd September, 2021: Microsoft partners with NIOS for e-learning

Technology major Microsoft and SaaS platform Ed4all on Thursday announced a partnership with the National Institute of Open Schooling (NIOS) to implement virtual school initiative. The move comes within 10 days of the education ministry announcing a new schooling concept which will be 100% digital.

3rd September, 2021: Infosys offers a Springboard to students, professionals

Infosys on Thursday announced the launch of Springboard, a digital skilling program aimed at students from grade 6 to professionals, as the company looks to reach its goal of reskilling over ten million people by 2025.

1st September, 2021: EdTech decacorn Byju’s FY 20 revenue up 81% to Rs.2434 crore, profit rose 152%

Byju’s the world’s most valuable EdTech company, with a valuation of $16.5 billion reported its revenue for 2019-20 at Rs.2434 cr, an 81% jump over the previous financial year.

31st August, 2021: Scaler Academy acquires Coding Elements to strengthen its upskilling offerings

Scaler, an upskilling startup backed by Sequoia Capital and Tiger Global, has announced the acquisition of Delhi-based online learning platform Coding Elements in an all-cash deal.

27th August,2021: Talent demand increases by 10%; software companies on hiring spree: Report

According to the report, IT-Hardware, Software industry witnessed the highest year-on-year with 39 per cent increase in the hiring of professionals, with a notable growth in metropolitan cities. Further, in terms of levels, hiring for top management indicated remarkable growth of 69 per cent, year-on-year.

26th August, 2021: Vedantu – A fifth EdTech to join unicorn club

Vedantu to enter the unicorn club with the latest funding of $100 million and to become the 5th Edtech this year after, Byju’s, Unacademy, UoGrad and Eruditus. Its previous funding was held last year when it has raised $100 million in a series D round valuing it at 650 million.

25th August, 2021: Nokia launches scholarship program to improve Black representation in tech.

Nokia has launched a new scholarship program to improve the representation of Black people in the tech space. The Finnish firm has collaborated with the Blacks in Technology Foundation (BIT Foundation) and online learning platform Udacity to offer more than 300 Nanodegree scholarships to members of the underrepresented community.

24th August, 2021: Large scale cloud skilling a priority: NASSCOM

Driven by the covid-19 pandemic, 2020 saw an immense growth in demand for cloud roles globally. India recorded a growth of 380,000 job posting for cloud roles, 40% increase over 2019, a Nasscom report in partnership with Accenture and TCS has said.

23rd August, 2021: Eruditus will be larger than Coursera in the next 12 months

EdTech startup Eruditus entered the unicorn club last week raising $650mn from Accel, Softbank vision fund and two of its existing investors in a series E round. It has 35% of its business coming from the US and the rest from other markets. 

18th August, 2021: EdTech startup Expertrons raises funds from Venture Catalyst, Leads Angels and others

Edtech startup Expertrons has raised $2.3 Mn in Pre-Series A funding from Venture Catalysts, Auxano Capital, Venture Garage, Yoga Capital, Ah!Ventures, Leads Angels and Hyderabad Angels. Existing investors LetsVenture, Ivycap Ventures, IVS, and Sixth Sense’s MD Nikhil Vora also participated in the round. Besides, marquee entrepreneurs like MakerBot’s co-founder Bre Pettis and Early Salary co-founders Ashish Goyal and Akshay Mehrotra participated in the round.

17th August, 2021: Byju’s in talks to raise up to $1.5 bn at $21 bn valuation

Byju’s, India’s most valuable ed-tech startup, is in talks with a handful of investors to raise $1-1.5 billion at a valuation of around $21 billion.  The new valuation is 27% more as compared to the $16.5 billion it experienced in June following a fundraising round that included UBS Group, Blackstone, Abu Dhabi’s ADQ, Zoom founder Eric Yuan’s family office, and Phoenix Rising – Beacon Holdings.

17th August, 2021: Study now, pay later: this EdTech startup aims to bridge India’s skill gap with data science courses.

Kolkata-based EdTech startup SkillEnable offers proprietary data science courses to make tech talent job-ready. It follows the pay-after-placement model to make its programs accessible to a large pool of aspirants.

16th August, 2021: Bhavin Turakhia, Dragoneer invest $10mn in Unacademy

Unacademy Friday said that Dragoneer Investment Group and tech entrepreneur Bhavin Turakhia together invested $10 mn as a part of the EdTech platform’s recent $440 mn round funding. 

16th August, 2021: Funding news: Eruditus, VerSe Innovation, upGrad, CoinDCX, Heads Up for Tails among others raised $1.55B this week

This week both upGrad and Eruditus secured their individual unicorn rounds bringing the total number of unicorn startups in India to 22. CoinDCX on the other hand became the first crypto startup to earn the unicorn crown.

13th August, 2021: Eruditus enters unicorn club with $650mn round led by Accel and Softbank

EdTech company Eruditus has become the latest member in the coveted club of unicorns. The Mumbai based company which offers executive courses, has raised $650mn in a new round led by Accel Partners and Softbank Vision Fund II. 

10th August, 2021: upGrad latest to join India’s unicorn club with $1.2 billion

Ronnie Screwvala’s upGrad, which focuses on higher education and upskilling working professionals, has joined India’s coveted league of unicorns – startups valued at $1 billion or more.

4th August, 2021: Iron Pillar invests $15 million in Y combinator-backed Skill-Lync

Iron Pillar, a venture growth investor that backs technology companies said that it has invested $15 million in Y combinator-backed engineering focused EdTech startup Skill-Lync. The capital raised will be used to increase the courses offered by Skill-Lync.

4th August, 2021: Coursera beats Wall Street expectations for Q2, touts future of online learning beyond covid-19

Online education technology company Coursera delivered strong Q2 results on Tuesday as the company said that online learning growth is becoming structural beyond the covid-19 pandemic. Consumer revenue for Coursera in Q2 was $62 million as the company added 5 million new registered learners during the quarter for a total of 87 million. 

3rd August, 2021: 24 Universities Declared Fake, Most From UP

Uttar Pradesh has the highest eight such fake universities, Delhi has seven and Odisha and West Bengal have two such universities each.

2nd August, 2021:  Unacademy valued at $3.4 bn post new funding, will diversify beyond EdTech : CEO Gaurav Munjal

Unacademy’s co-founder Gaurav Munjal plans to use the new funding to build new lines of business in segments such as jobs and hiring, where it will compete with the likes of Naukri.com and LinkedIn.

30th July, 2021: Softbank backed Unacademy announces teacher stock options worth $40 mn.

Softbank-backed edTechstart-up Unacademy, has announced Teacher Stock Options (TSOPs), the first educator liquidity event for educators on the platform. Over $40 million stocks will be issued to Unacademy educators over the course of the next few years. Over 300 educators will be eligible to receive the stock options with an immediate vesting. Unacademy said all educators are eligible for it. As of today, 300 educators get it. As more educators hit the tenure slabs, they will become eligible too.

28th July, 2021: Engineering seats drop to lowest in a decade; 63 institutes to shut in 2021

With a steady stream of engineering colleges applying for closure since 2015-16 and a significant reduction in capacity across others, the total number of seats in engineering institutes in India has hit the lowest in a decade.

26th July, 2021: Byju’s acquires Toppr and Great Learning

The series of acquisitions by Byju’s can literally fill up a small classroom now. The Bengaluru-based company has now added Toppr and Great Learning to its kitty to take the total number of its acquisitions in just 2021 to six. And the total number to 15. 

23rd July, 2021: Facebook announces career programs for job seekers

Facebook has announced the launch of career certification programs in roles of Marketing Analytics and Software Development, to enable job seekers for re-skilling. The Career Programs by Facebook build on the already available Social Media Marketing Certificate launched in association with Coursera. The programs will focus on learners adapting the transferable and technical skills required for the transformed digital landscape.

23rd July, 2021: Simplilearn partners with Jagran Lakecity University to upskill students in Digital Marketing

Simplilearn, the online bootcamp for digital economy skills training & Jagran Lakecity University, a global university, announced its partnership to offer a Post Graduate Program in Digital Marketing for the students already enrolled in the MA Digital Marketing program at Jagran Lakecity University

22nd July, 2021: Byju’s expands US footprint, acquires Epic

Expanding its footprint in the US, Bengaluru based edtech decacorn Byju’s has acquired Epic a digital reading platform for under-12 children, for $500 million. This acquisition will give BYJU’S access to more than two million teachers and 50 million users who are a part of Epic’s global user base.

19th July, 2021: Blackstone invests $250 million for majority stake in Simplilearn

Blackstone is investing $250 million to acquire a majority stake in Bengaluru based online digital marketing platform Simplilearn which has valued it at $400 million.

15th July, 2021: 2021 Top Online Learning Library Companies

Training Industry is the most trusted source of information on the business of learning. Our Top Online Learning Library List is based on thorough analysis of the capabilities, experience and expertise of online learning library providers.

14th July, 2021: Simplilearn Launches Its First PGDM Degree Program In Collaboration with JAGSOM

Simplilearn today announced its partnership with Jagdish Sheth School of Management (JAGSoM) and added to its existing extensive online learning portfolio, its first-degree equivalent program- PGDM with specialization in emerging areas like Digital Marketing, Business Analysis, Data Analytics and Operations.

13th July, 2021: Edtech platform Oliveboard raises 23 crore from IAN Fund, others 

Oliveboard, an EdTech platform for government exam preparation has raised pre-Series A funding off 23 crore led by Indian Angel Network (IAN) fund with participation from Education Catalyst Fund (ECF) and Yukti Securities the company said on Monday.

13th July, 2021: TiE Bangalore launches EdTech Special Interest Group 

TiE Bangalore in collaboration with AWS EdStart has launched an EdTech Special Interest Group (SIG) to promote mentor and create new opportunities for entrepreneurs in the EdTech space.

12th July, 2021: Data scientist will be the highest paying job in 2021

Data scientist will be the highest paying job in 2021 Jobs requiring artificial intelligence and machine learning skills will grow 71% next five years Big gap in cybersecurity professionals-industry can fill only 50% of jobs DevOps will be the main hiring criteria for 46% of IT companies.

9th July, 2021: Teachmint Raises $20m in pre-Series-B Round 

Edtech startup Teachmint has raised $20 million in a pre-series B round led by existing investor Learn Capital with participation from CM Ventures. The funding will help intensify its focus on development of live, teaching technology, and aid enhancement of its products, expansion into newer markets and hiring of skilled talent, the company said on Thursday.

8th July, 2021: Asia’s leading educational group Sri Chaitanya has entered the Edtech space

Asia’s leading educational group Sri Chaitanya has entered the Edtech space with Infinity Learn with an investment of $50mn. Infinity Learn is a blend of artificial intelligence and practical teaching and learning methods Infinity Learn focusses on Outcome based learning by engaging .

7th July, 2021: Pluralsight Acquires A Cloud Guru

Pluralsight, backed by private equity firm Vista Equity Partners, has acquired A Cloud Guru (ACG), which offers online training for Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. Financial terms of the deal were not disclosed.

7th July, 2021: IIIT Delhi in Collaboration with Great Learning Launches Post Graduate Diploma

Intelligence in collaboration with Great Learning one of India’s leading EdTech companies for higher and professional. Learners will have access to robust career support from Great Learning through its career assistance platform GL.

6th July, 2021: DESU To Start Admission Process From July 6 

Admission process for undergraduate and diploma courses in Delhi Skill and Entrepreneurship University (DSEU) for its inaugural academic year 2021-2022 will start from July 6 Neharika Vohra vice-chancellor of DSEU said on Monday. Vohra said the university will offer 15 diploma courses 18 undergraduate courses and two postgraduate courses.

5th July, 2021: IIMK is thinking beyond large open online courses. Start a new certification program at Coursera.

I am with a robust platform AI-driven tools and global reach Coursera will be. At Coursera Source link IIMK is thinking beyond large open online courses. Start a new certification program at Coursera.

1st July, 2021: IIM- Kozhikode launches new HR Management Course

IIM Kozhikode, in partnership with e-learning platform upGrad, has launched the professional certificate programme in HR management and analytics. 

25th June, 2021: Sri Chaitanya group enters Edtech space 

Sri Chaitanya educational institutions has entered the Edtech space with ‘Infinity Learn which is a blend of artificial intelligence and practical teaching and learning methods.

24th June, 2021: IISc-IBM’s open-source tech, tools to drive everyday apps 

In an initiative to address problems across fields like agriculture and healthcare and businesses Indian Institute of Science Bengaluru and International Business Machines (IBM) will build solutions and tools at a new innovation lab.

23rd June, 2021: Edtech platforms see 40% surge in women enrolment 

Despite the pandemic placing a greater domestic burden women professionals used the time to upskill themselves pushing the share of women learners on edtech platforms to 30 % -40 % after Covid — a pace not just faster than the rate of growth of men learners but also one of the highest globally — from 25%.

22nd June, 2021: Zupee launches skill academy

Zupee has announced the launch of their skilling academy which will impart employable skills and promote equal opportunities in the youth of the country. Zupee Skilling Academy (ZSA) will be a first-of-its-kind mission by a corporation aimed at skilling upskilling and educating young disadvantaged Indians

22nd June, 2021: Byju’s Raises $50 million in Series F led by IIFL

Educational technology unicorn Byjus has raised $50 million in a Series-F round from IIFLs private equity fund and Maitri Edtech according to its latest regulatory filings sourced through business intelligence platform Tofler.

22nd July, 2021: Launches ‘Back to College’ program to offer an enhanced learning experience to students.

Flipkart is making available a wide selection of computing devices and bundled education content through tie ups with leading edtech players including Edukemy and Simplilearn.

21st June, 2021: MSMEx raises $1 million in Pre-Series A funding from Razorpay, TNF Investments.

Micro, Small and Medium Enterprise (MSME) EdTech company MSMEx has raised $1 million in a Pre-Series A funding round co-led by Razorpay and the international investment firm TNF Investments. The company had earlier raised angel funding from a clutch of leading angel investors including Badri Pillapakkam (Partner at Omidyar Network), Krishna Kumar (Founder of SimpliLearn), Manoj Sharma (CTO of Cleartrip), and Heetesh Veera (Partner at E&Y), among others.

17th June, 2021: IT cos set to slash 3 mn jobs by 2022 due to automation to save $100 bn In cost Report 

With automation tak- headcounts by a massive 3 employs around 16 million of place at a much faster pace million by 2022 which will them around 9 million are across industries especially in help them save a whopping employed in low-skilled tech space domestic soft- USD 100 billion mostly in vices and BPO roles according ware firms that employee over salaries annually says a report to Nasscom.

16th June,2021: Govt builds online repository of local global education courses 

The Union government and several private entities are jointly building a repository of online education which will host thousands of courses from domestic and global education platforms and standalone online education providers two people aware of the development said.

15th June, 2021: Eruditus in talks to raise up to $300 mn from SoftBank Group 

Japans SoftBank Group Corp. is in talks to lead a $250-300 million primary funding round in Singapore-based edtech firm Eruditus Learning Solutions. The round is expected to value Eruditus at $2.5 billion three people aware of the deal said.

15th June, 2021: Digital may overtake TV ad spends by 2024, says report 

AD revenue in India is fore­cast to rebound strongly by 2025, following a 27% plunge in 2020, with ad i spends on digital media overtaking those on television (TV) by2024, according to a Media Partners Asia (MPA) report.

11th June, 2021: IIT-Roorkee launches course on AI, big data 

The Indian Institute of Technology (NT) Roorkee has launched two new M Tech programs under the recently established Centre for Artificial Intelligence and Data Science (CAIDS). Artificial Intelligence (Al) and Data Science (DS) have the power to solve real-life problems.

10th June, 2021: Primero to launch skill training for healthcare 

Covid-19 pandemic has forced the healthcare industry to revisit and review the healthcare infrastructure and the work force skill availability. To address the current workforce needs Delhi-based skill development company Primero is creating healthcare courses that will help in both skilling the new talent and up-skilling the existing staff. It aims to train at least 10000 people across India within the next one year including Hyderabad.

9th June, 2021: Simplilearn’s SkillUp Platform Adds 70,000 New Learners Monthly, Surpasses 500,000 Enrolled

Simplilearn, the world’s #1 Online Bootcamp for digital economy skills training, today announced that it has recorded over 5 lakh enrolments so far on its SkillUp platform, launched in November last year. Close to 75% of enrolments were from the Indian market, followed by USA and Canada, and the rest of the world. 43% of the enrollments were made by learners between 18-24 years of age, or primarily students, while 34% were between 25-34 years of age. In the last six months, the platform saw 44% of its enrolments coming from return users, with the mobile app (on PlayStore and iOS) being the most favored platform to access the learning program.

7th June, 2021: Top 7 Indian Education Startups You Should Know About

Simplilearn deserves to be the world’s biggest professional certifications company with customers from over 150 countries. It offers over 400 courses from a panel of over 2,000 industry specialists ranging from Data Science, Project Management, Big Data, Digital Marketing, SEO (search engine optimization), and more. The startup claims to have trained over half a million experts since its inception and is named the eighth-most powerful education brand in the world by LinkedIn in its 2016 Education Edition report

2nd June, 2021: Avishkaar raises Rs 5 crore in funding led by Mumbai Angels Auxano 

Edtech startup Avishkaar said it has raised Rs 5 crore as part of pre-series A round funding from Mumbai Angels Network Auxano and other angel investors. The startup said it plans to utilise the funding towards product development further expansion of its portfolio and hiring talent.

1st June, 2021: Byju’s Acquires On-Demand Learning App- HashLearn

Backed by a lot of investors, Byju’s has been on an acquiring spree. The company has acquired many other small companies in the period of past 12 months. Since the month of August in 2020, the based in Bengaluru, edtech company has bought off many companies including WhiteHat Jr, Aakash Educational Services, Scholr and is now in further talks to acquire Toppr, along with Great Learning and Gradeup.

31st May, 2021: The top 5 in-demand tech skills 

Prom Python to Blockchain Machine Learning and more experts detail the top tech skills that will set a student apart in the current job market.

28th May, 2021: Udacity and AWS Collaborate

Udacity, the online learning platform powering the careers of the future, today announced the creation of the AWS Machine Learning Scholarship Program in conjunction with Amazon Web Services (AWS). The goal of this program is to remove barriers to skills training in machine learning and to cultivate the next generation of Machine Learning (ML) leaders from underrepresented backgrounds, including Women, Black, Latinx, Indigenous, and People of Color. Enrollment in the free AWS Machine Learning Foundations course begins today.

27th May, 2021: Ahmedabad-based Academix is upskilling students to bridge the skill gap in the workforce

Ahmedabad-based upskilling startup Academix — founded by Suraj Singh, Kalpit Shah, and Shreya Nallapaneni in January 2020 — is trying to fix this problem by helping students develop technical, management, and communication skills.

24th May, 2021: UpGrad buys edtech firm Impartus 

UpGrad has acquired Bengaluru-based video-enabled learning solutions provider Impartus for Rs 150 crore. upGrad will deploy money from its recent $120-mil-lion fund-raise from Singapore-based global investment company Temasek to fund the latest acquisition.

20th May, 2021: Erudìtus to Buy US Edtech Firm iD Tech for $200m 

The Eruditus Group is acquiring Silicon Valley-based online education company iDTechfor $200million cofounder and chief executive Ash-win Damera told ET.

18th May, 2021: Edtech startup Virohan raises $3 million in Series A funding 

Mumbai Ed-tech company Virohan on Monday said it has raised a total of $3 million (around 122 crore) in Series A funding led by Rebright Partners to expand campus pan India.

17th May, 2021: Upskilling apps woo white-collar workforce

The job market crisis heightened by the Covid-19 pandemic has made it imperative for professionals to upskill and build a strong job profile. According to a February 2021 study by McKinsey Global Institute around 18 million Indians will need to switch occupations by 2030.

11th May, 2021: UpGrad Launches Study Abroad Program To Offer Online And On-Campus Experience With International Universities

With its commitment to deliver quality transnational education, upGrad, South Asia’s largest higher edtech, in a most recent move, announces ‘Study Abroad’ program, to enable learners experience on-campus learning with renowned international universities.

10th May, 2021: Fliplearn learning platform for schools

Fliplearn learning platform for schools that was launched just before the first Covid-19 lockdown in 2020 has announced an ambitious plan to enrol 50 lakh students and 5000 schools across India by March 2025.

10th May, 2021: Byju’s opts for big buys to build a global edtech giant

Great Learning will give Byju’s an entry into the big-ticket upskilling market, while Gradeup is into online test-prep, and Toppr offers a combination of K-12 learning, test-prep and coding classes. By gaining a toehold in these emerging high-growth segments, Byju’s aims to widen its student base.

7th May, 2021: IIT Roorkee ties up with Great Learning to offer high-quality tech programs for freshers and young professionals

E&ICT Academy, IIT Roorkee signed an MoU with Great Learning, an edtech company in India, for launching the online certification programs in Software Development, Cloud Computing, and Data Science.

6th May, 2021: Former Apple executive’s Camp K12 looks to raise Rs15 crore in venture debt 

Camp K12 offers coding and courses on extra-curricular activities for children in the 5-18 years bracket through live interactive and gamified online sessions.

5th May, 2021: Teachmint raises $16.5 million in funding led by Learn Capital

Edtech startup Teachmint said it has raised $16.5 million in Series A funding led by Learn Capital. Existing investors Lightspeed and Better Capital also participated in the round, along with CM Ventures. The fresh infusion of capital is expected to be used for hiring talent, R&D on teaching technology, strategic acquisitions, and further market expansion.

5th May, 2021: Coursera Q1 growth strong across consumer, enterprise, degrees

Coursera showed better-than-expected first quarter revenue and noted that education’s digital transformation is in the early innings. The company reported a first quarter net loss of $18.66 million, or 45 cents a share, on $88.36 million, up 64% from a year ago. Non-GAAP loss for the first quarter was 32 cents a share.

3rd May, 2021: Career Plus launched by Great Learning

Great Learning an EdTech company for professional and higher education recently launched CareerPlus a career support and jobs product that focuses on providing holistic career support to college students freshers and recent graduates. The support will be provided through various programs including job preparatory programs live sessions to strengthen key skills tested in job interviews job-readiness assessments and job postings from corporate hiring partners a release said.

April 30th, 2021: At $16.5bn Byju’s is set to become top Indian startup 

Amid the pandemic edtech major Byju’s is set to be the most valued startup in India toppling PayTm which is valued at $16 billion. Byju’s is in advanced stages of talks to raise another $150-200 million from UBS Group after which it is expected to be valued at around $16.5 billion a person aware of the matter said.

April 29th, 2021: UpGrad in Talks to Raise $40mat $850m Valuation 

Online higher education platform upGrad is in the final stage of talks with the International Finance Corporation (IFC) to raise $40 million at a valuation of $850 million two people with direct knowledge of the development told.

April 28th, 2021: SIX NEW PROGRAMMES 

The government in an effort to increase employability of students of state-run polytechnics and engineering colleges will slowly phase out courses with 10 students or less. Instead it will replace them with smart courses which are in demand for industries.  

April 27th, 2021: 2.15L Class 12 students of Punjab to get free smart phones for e- earning 

For e-learning in government schools amid Covid-19 pandemic the Punjab Cabinet on Monday approved modalities for distribution of mobile phones to nearly 2.15 lakh students of Class 12 for the academic session 2021 -22 under Punjab Smart Connect Scheme  

April 27th, 2021: Lead School Bags $30 million in Series D 

Educational technology startup Lead School has raised $30 million in Series D funding led by Silicon Valley-based GSV Ventures whose portfolio firms include Coursera which went public last month Course Hero and ClassDojo.

April 23rd, 2021: Brian Saunders takes charge as upGrad’s VP- University Partnerships, USA

Edtech company upGrad on Thursday announced the appointment of Brian Saunders as Vice President – University Partnerships for the US market. Under Saunders’s leadership, the company aims to close 7-8 university tie-ups, launch 20 Ivy-league certification programs, and 5 graduate programs in the next 12 months, according to a statement.

April 21st, 2021: Edtech startup CoLearn raises $10 mn to enhance product 

Benglauru Indonesia-based edtech startup CoLearn on T uesday said it has raised $10 million as a part of its series A funding co-led by Alpha Wave Incubation (AWI) and US-based edtech investor GSV Ventures. Existing investors including Sequoia Capital Indias Surge and AC Ventures also participated as part of the round. According to the company it will use the fresh infusion of capital to enhance its product and technology development while ramping up hiring and marketing activities. The company which has its technology teams in India looks to double its employee count by year-end with a focus on recruiting for data science product and engineering roles across India Indonesia and UAE.

April 20th, 2021: IIT Roorkee launches Online Certificate Programs in Data Science and Machine Learning on Coursera

Indian Institute of Technology, IIT Roorkee, launches online certification programs in Data Science and Machine Learning on Coursera. The director of IIT Roorkee said that the introduction of these emerging courses on an online platform would help many aspirants acquire them for their professional growth.

April 19th, 2021: Building a skilled workforce

21CCs app offers nearly 50 courses from a library of over 110 modules that guarantee skill development in logistics and transportation

April 19th, 2021: Top courses for summer 

The best part about these online courses is that most of them are free to pursue on various platforms like Udemy and Coursera

April 15th, 2021: Simplilearn Collaborates With KPMG In India To Offer Global PG Programs In Digital Business Transformation & Process Excellence

Simplilearn, the world’s number one Online Bootcamp for digital economy skills training, today announced a collaboration with KPMG in India to offer postgraduate programs in the field of digital business transformation & process excellence, starting with PG Program in Lean Six Sigma.

April 14th, 2021: Byju’s draws $455 mn as part of ongoing mega growth funding 

EdTech company Byju’s raised over $455 million (3,433 crore) from a clutch of investors including asset management company Baron Funds Facebook co-founder Eduardo Saverins B Capital Group and hedge fund XN Exponent Holding as part of an ongoing Series F funding round for $1 billion regulatory filings showed on Tuesday.

April 14th, 2021: Hero Group launches edtech platform Hero Vired

The Hero Group has announced the launch of Hero Vired, a new EdTech company. The EdTech venture will offer an end-to-end learning ecosystem. It will make the learners industry-ready for the emerging jobs and professions.

April 12th, 2021: Edtech major GuruQ. launches its app 

Edtech start-up GuruQhas started its app to provide online classes to students. The curriculum of GuruQjnciudes live classes one-on-one personal attention doubt-clearing sessions and budget-friendly tutors for all subjects. Post this app launch GuruQ_said it is providing a digital platform where kids from diverse backgrounds can seek mentors as per their budget. The company claims to have more than 10000 downloads and aims 50000 downloads by the end of the year.

April 12th, 2021: Simplilearn strengthens collaboration with IBM to upskill over 20,000 professionals in 2021

Simplilearn, the world’s number one online bootcamp for digital economy skills training, today announced an extension of their collaboration with IBM (NYSE: IBM) to provide curated learning programs in Data & AI for working professionals. Simplilearn will collaborate with IBM to curate an in-depth, industry-focused curriculum and introduce industry-focused training programs in Data Analytics, Data Science, AI & Machine Learning, Data Engineering, and Business Analysis.

April 9th, 2021: IIM-Sambalpur has launched a two-year Executive MBA degree program for working professionals

IIM-Sambalpur has launched a two-year Executive MBA degree program for working professionals, which will be conducted through Flipped classroom pedagogy in blended mode (mostly online). The classes will be scheduled on weekends and weekday evenings. An applicant should have a Bachelor’s Degree or equivalent qualification in any discipline with a minimum of 50% marks or equivalent percentage; minimum three years of managerial/ entrepreneurial/ professional experience; and a valid CAT/GMAT/GATE/GRE score (not more than three years old as on May 30, 2021).

April 8th, 2021: Telangana can emerge as a hub of AI skills

Telangana can emerge as a hub for Artificial Intelligence (AI) talent due to various initiatives of the state-run Telangana Academy for Skill and Knowledge (TASK) as well as other educational institutions in the state such as JNTU, IIT-Hyderabad as well as IIIT Hyderabad, Jayesh Ranjan, principal secretary, IT & industries, Telangana, said while addressing participants virtually at the IESA AI Summit 2021 on Wednesday.

April 1st, 2021: Byju’s in talks to acquire US-based reading platform Epic

Edtech decacorn Byju’s in talks to acquire US-based online reading platform Epic, according to TechCrunch. The acquisition is expected to help the Bengaluru-based Byju’s to deepen its footprint in the US market. Epic’s reading platform is built on a collection of over 40,000 popular, high-quality books from more than 250 publishers—with the aim to fuel curiosity and reading confidence for kids 12 and under.

April 1st, 2021: Edtech startup Masai School gets $5 million funding led by Omidyar

The startup plans to expand into courses in a broader range of careers

March 30th, 2021: SoftBank invests in Unacademy, valuation triples to $1.45 billion

Edtech platform Unacademy burst into the unicorn club on Wednesday following a $150 million fundraising led by Japan’s SoftBank, with the Gaurav Munjal-led startup tripling its valuation to $1.45 billion in less than six months.

March 29th, 2021: Byju’s raises $450 Mn led by MC Global Edtech Investment

Edtech leader Byju’s has raised Rs 3,328.23 crore or close to $450 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP. While this is the maiden investment round for the Bengaluru-based company in 2021, it has gathered a little over $1 billion in the ongoing fiscal year or FY21.

March 26th, 2021: Byju’s in talks to raise $600m, valuation may hit near $15bn 
Times of India: Delhi Edition

The funding rush in the online education sector does not seem anywhere near over. Edtech major Byjus is set to raise around $600 million mostly from US investors at a valuation in the range of $14-15 billion two people aware of the matter said. Once completed this would also narrow the gap between two of the highest valued local startups — the Bengaluru-based Byjus and Noida-ba-sed Paytm which is currently the most valued Indian startup at $16 billion.

March 26th, 2021: Coursera prepares edtech’s biggest IPO

As Coursera prepares the biggest edtech IPO in years, the entire industry is watching for clues for where the industry will go post-pandemic. (It’s being called one of “most anticipated capital events” of the last few years in education tech.)

March 25th, 2021: Udacity Launches School Of Cybersecurity

Udacity, the global online learning platform, today launched its School of Cybersecurity to help address the growing need for skilled cybersecurity professionals. The School of Cybersecurity is designed to provide learners with the practical experience and resources needed to protect their data and ensure maximum uptime in an era where managing online threats has become standard operating procedure for every enterprise.

March 24th, 2021: EdTech platform SkilloVilla raises $300K in seed round from Titan Capital, others

Bengaluru-based EdTech platform SkilloVilla on Tuesday announced that it has raised $300,000 in a seed round of funding from Titan Capital and other investors. According to the company, the freshly raised investment will be utilised to expand the team and evolve the learning platform to offer unique technology products.

March 23rd,2021: Indian EdTech companies are making inroads into overseas student community 

Indian EdTech companies are making inroads into overseas student community. International enrollments for AI, ML, cloud computing and data sciences are growing. E-learning platform Simplilearn finds 60% revenues from overseas markets.

March 23rd, 2021: 5 online creative writing courses you need to check out

There are many definitions of what a creative writing course is depending on what the course is aiming to teach you. Some courses will include details on how you can become a freelance writer earning money for your work, either full or part-time.

March 22nd, 2021: Management education must be combined with entrepreneurship 

The global business environment has seen a whirlwind change in the aftermaths of the pandemic which has caused irreversible changes in the methods of operations. As per a recent study conducted by the World Economic Forum approximately one-third of all the jobs across  the world are susceptible to drastic changes.

March 18th, 2021: 5 essential upskilling courses to take up online for better jobs post Covid-19

With the rise of technology and the world adapting to online avenues in the new normal, skill development is not a static process, it is rather extremely important to continue undertaking these programs at all levels.

March 17th, 2021: Cuemath plans to raise Rs 600 cr; to expand overseas

Bengaluru-based Ed-tech startup Cuemath plans to raise close to Rs 600 crore to fund its overseas expansion. This follows its recent fund raise of Rs289 crore ($40 million) as part of its Series C funding round.

March 16th, 2021: $67.18 Billion Massive Open Online Course (MOOC) Market – Global Forecast to 2026 – ResearchAndMarkets.com

The Massive Open Online Course (MOOC) Market size is projected to reach USD 67.18 Bn by 2027, from USD 7.34 Bn in 2020 growing at a CAGR of 37.2% during 2021-2027.

March 12th, 2021: Pandemic turns India into EdTech capital of the world
Times of India: Chennai Edition

Many Indian ed tech companies are witnessing a sharp increase in international enrolments as demand for AI ML data sciences and cloud computing bring in more learners. Switzerland-based kite-boarder and translator Ursina Sanderink (25) has enrolled with Simplilearn as it was cheaper and within her budget. Simplilearn’s founder and-CEO Krishna Kumar said About 60% of our revenues are from overseas markets. The education tech platform saw global learners enrollment growth at 70% in 2020-21 as compared to previous 45% growth in the previous year.

March 12th, 2021: Blended Learning is the Future of Global Learning
The Sunday Guardian: Delhi Edition

Amid the Covid-19 pandemic the education system has gone through an unprecedented growth in digital transformation but experts believe that this is just the beginning.

March 11th, 2021: Deep Learning & Data Engineering Are Top In-demand Skills Of 2020 In India

Deep learning and data engineering are top Nanodegree programs showing the country’s growing interest in AI and data. While deep learning is driving advances in artificial intelligence that are changing our world, data engineering is the foundation for the new world of Big Data.

March 10th, 2021: Delhi Government Allocates 24% of the pie to Education
(Times of India: Delhi Edition)

Education continues to be a priority for Delhi Government as evidenced by allocation of 24% of the state budget to it.

March 10th, 2021: IIT, Kanpur Launches Online certification in Blockchain Technology

Indian Institute of Technology (IIT) Kanpur announced online certification in Blockchain technology in partnership with Simplilearn. The IT professionals, Software Developers, Technical Leads, Analysts, Engineers, etc. can pursue this opportunity to learn more about Blockchain technology and learn in-demand skills in this four-month course.

March 9th, 2021: Coursera files for US IPO

In the US, Coursera Inc has filed for a stock market listing revealing a surge in revenue due to the disruption caused by the COVID-19 pandemic. The company said in a filing that the revenue of the company rose 59% to $293.5 million for the year ended Dec. 31, 2020.

March 9th, 2021: Active jobs count in February shows hiring momentum is back 
(Financial Express: Mumbai Edition)

The hiring momentum seems to be back as the active jobs count in February retained the same level as of January. The marginal 2% drop in count on a month-on-month basis can be attributed to the short month in consideration HR consultants said.

March 8th, 2021: Deep Learning Tops 2020 Skill Demand 

Deep learning and data engineering are top nanodegree programs showing the country’s growing interest towards artificial intelligence (Al) and data says a new report by Udacity. Karnataka holds the lions share for nanodegree programs in 2020. As much as 24% demand for deep learning and 34% for data engineering comes from Karnataka.

March 8th, 2021: Upskilling for Senior Citizens

Often, retirement is considered the end of one’s career. But should age be a limiting factor for those wish to take a fresh guard? Many organizations are now more than open to leveraging the experience of senior professionals provided they are up to speed with industry trends and equipped with latest skills. For senior citizens looking to get back into professional roles it is crucial to bank on digital training.

March 3rd, 2021: News from the world of education

Integrated marketplace Skill Monks recently added seven leading Edtech companies — IMARTICIUS, Testbook, Edureka, Endeavor, CAREERERA, Great Learning and Digital Vidya — to its skilling platform. It offers high-quality programs that will enable exam preparation through online learning solutions for students as well as upskilling programs in the IT domain for industry professionals through relevant certifications and executive programs.

March 2nd, 2021: COVID Wasn’t A Real Shock But A Little Shake: Educationists Discuss Digital Resilience In Higher Education At BW Education ‘Focus Friday’ Webinar

The session titled ‘Digital Resilience in Higher Education’ engaged industry stalwarts: Dr D N Rao, President, Vignanajyothi Education Society; Dr C Muthamizchelavan, Vice Chancellor, SRM Institute of Science and Technology; Dr Sudhir Gavhane, Vice Chancellor, MGM University, Aurangabad; R Janardhan, Pro Vice Chancellor, Dayanand Sagar University | Sr Executive Vice President, Dayanand Sagar Institutions; Dr Manjunatha, Principal, New Horizon College of Engineering – Official Marathahalli, Bengaluru and Raghav Gupta, Managing Director – APAC & India, Coursera.

March 1st, 2021: Data, AI fastest growing job clusters in world 

Data and artificial intelligence are emerging as the fastest growing job clusters in the world and are expected to see 58 per cent rise in new opportunities from 2020 to 2022.

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