Edutainment
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Opportunity India Desk Apr 09, 2019 - 1 min readChegg, the Santa Clara-based education technology (EdTech) major, is targeting India for its next level of growth. In order to measure the feasibility of starting operations in the country, the company is studying the market, including other EdTech firms. Chegg is a major player in connected learning or online education space. Having a subscription-based model for college students, the EdTech major offers ...
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Opportunity India Desk May 10, 2019 - 1 min readupGrad, an online education venture, has reported a 113% rise in its gross revenue to Rs 121 crore in FY19 as compared to Rs 57 crore in FY18. With the aqui-hire of Acadview’s team during FY19, upGrad consolidated its position as a leading company in the online learning space. The edtech startup widened its communication reach ...
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Opportunity India Desk May 14, 2019 - 1 min readToppr is eyeing at hitting around 20 million registered users/app downloads by the end of 2020 from existing 8 million along with $100 million run rate. The edtech startup is competing with the unicorn Byju’s. Zishaan Hayath, CEO and Co-Founder, Toppr, said, “Apps like Khan Academy, Coursera, etc. have an engagement rate, which is time ...
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Opportunity India Desk Jun 27, 2019 - 1 min readOnline learning platform Unacademy has raised $50 million in Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. The round has also seen participation from Aakrit Vaish, Co-Founder of tech firm Haptik and Sujeet Kumar, Co-Founder of business-to-business online marketplace Udaan, along with Unacademy Founders, Gaurav Munjal and Roman Saini. Gaurav Munjal, Co-Founder ...
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Opportunity India Desk Jul 06, 2019 - 2 min readIn order to drive growth for the brand in Maharashtra, the educational-tech company Byju’s has associated with Zee Marathi’s popular drama series ‘Mazhya Navryachi Bayko’. Atit Mehta, Marketing Head of Byju’s, said, “We were looking at Maharashtra as a key market, one that has a predominant Marathi speaking and viewing audience. If you are looking ...
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Opportunity India Desk Jul 08, 2019 - 2 min readToppr, India’s most advanced and comprehensive mobile application for personalized learning, has signed an MOU with the Mumbai Police to provide their children with a 1-year subscription of the app. The subscription gives access to online classes, adaptive practice and mock tests, giving students personalised learning. ZishaanHayath, CEO of Toppr, said, “We understand that being ...
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Opportunity India Desk Jul 11, 2019 - 2 min readByju’s, the education technology firm, has raised $150 million in fresh funding led by Qatar Investment Authority, the Qatar government’s sovereign wealth fund. The round has also seen participation from San Francisco-based Owl Ventures, a leading investor in education technology. The recent investment has valued the startup at $5.7 billion, making Byju’s the fourth most valuable ...
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Opportunity India Desk Jul 17, 2019 - 1 min readByju's, the world's most valued education technology firm, has seen its valuation rise to $5.5 billion earlier this month, a jump of nearly 53% from December. In order to emerge as India's fourth largest startup, Byju's had raised $540 million at a valuation of $3.6 billion from South African media giant Naspers, Canada Pension Plan ...
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Opportunity India Desk Jul 23, 2019 - 1 min readEdtech startup Digital Gurukul is planning to raise $5 million funding. The Indore-based company will be utilizing the funds across investment in programs, content facilities, building a global Online tech platform, Franchisee Distribution, marketing (both offline and online) and international expansion. The fresh capital will also be used for the creation of over 40 offline ...
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Opportunity India Desk Jul 27, 2019 - 2 min readEdtech platform Brainly has raised $30 million in its new funding round led by Naspers. Poland-based Brainly is a peer-to-peer learning community for students, parents, and teachers across 35 countries, including India. The funding round has also seen participation from Runa Capital and Manta Ray. With this latest investment, the total funding received by the edtech platform comes to $68.5 million. The fresh capital will be used by the ...