BYJU’S named Jiten Mahendra as Vice President & Head Marketing. He is leaving Landmark Group as senior vice president of marketing. Mahendra made a change to his LinkedIn profile to reflect his new location. His post read, “My 12-year-long innings with the Landmark Group and Max Fashion come to an end. I am thankful to Vasanth … Read more
Masterschool, a network of tech career-training schools, announced a $100 million seed funding round led by Group 11, with significant participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and other strategic investors. With 1 million unfilled IT jobs in the US alone, the tech talent shortage is one of the biggest challenges facing companies today and … Read more
Jaro Education, a leading Edtech firm imparting the best online and blended learning executive education programmes for working professionals, has successfully closed FY 21-22 with almost 710% year-on-year jump in its profit and 125% in revenue. The profit for FY 21-22 was registered at INR 34.29 CR as compared to INR 4.23 CR for FY 2020-21. Revenue … Read more
Camp K12, an ed-tech startup building a global online school for 21st-century skills, today announced the launch of Hatch Kids, its very own Metaverse and AR/VR creation platform for young learners. Camp K12 originally built the Hatch Kids platform for use in its own programming courses, but after witnessing strong demand from educators and students while … Read more
TalentSprint, a global edtech company and India’s market leader in transformational deeptech programmes, and Indian Institute of Science (IISc) have cemented their long standing partnership, coming together to create an expert pool of 5G-ready professionals. The requirement for a hyper-connected world calls for exploiting the advances in wireless technology, namely, 5G New Radio. This will open up … Read more
SVKM’s NMIMS has announced the appointment of Dr. Kaiwan Mehta as Dean of Balwant Sheth School of Architecture, Mumbai. Dr. Kaiwan Mehta’s professional journey of over 23 years spans the roles of an educator, researcher, trainer, consultant, and institution builder. With his multidisciplinary commitment to research and development, he holds proficiencies in the fields of Architecture (B. Arch), Literature (MA), and … Read more
SumTotal Systems, a Skillsoft company and global leader in talent acquisition, onboarding, learning management, and talent management solutions, today announced it has entered into a strategic partnership with Udemy Business, the corporate training division of Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online. Through this, SumTotal becomes the first Learning Management Experience Platform … Read more
Dr. Vinay Jain of Witty Group of Institutions has invested an undisclosed amount in Mumbai-based edtech startup Ednovate in a Series A fundraising round. Other angel investors in the round were Ajay Sarupria and Kaushik Mehta. The new funds will be utilised to grow the company’s operations in India and around the world. In the … Read more
Small Industries Development Bank of India (SIDBI) has partnered with Vijaybhoomi University under its “Mission Swavalamban” campaign to promote entrepreneurial education for skilled youths who are interested to pursue entrepreneurship as preferred career choice. SIDBI has signed a MoU to train and nurture aspiring youth to venture into entrepreneurship. Vijaybhoomi University will develop a curated course to … Read more
ForeignAdmits, an overseas study help firm based in Bengaluru, has raised Rs 3.26 crore from Mumbai-based early-stage fund Unicorn India Ventures (UIV) and other investors. The round included Beerud Sheth, founder of Gupshup, Zishaan Hayath, founder of Toppr, and Keshab Panda, former chief executive officer of L&T Infotech. ForeignAdmits intends to use the additional funds … Read more
ADM Capital has invested $15 million in loan and equity for Bengaluru-based edtech firm iNurture. As part of the arrangement, iNurture’s current investor VenturEast will exit the company, and ADM Capital will take over its shares. The new funds will be used to expand iNurture’s National Education Policy 2020 (NEP) programmes, improve its technology stack, … Read more
Great Learning, a subsidiary of BYJU’S group, has bought Singapore-based Northwest Executive Education for around $100 million in stock and cash. Northwest, founded in 2015 by Mohit, Tamhant, and Singhvi, provides executive education in a variety of fields, including management, leadership, technology, healthcare, and innovation. It claims to have over 50 countries represented among its … Read more
Skillmatics, a global brand for children’s educational games and resources has raised US$16 million in Series B funding, led by Sofina with participation from existing investors, Sequoia Capital India and Jalaj Dani Family Office. The funds will be used to strengthen Skillmatics’ presence in the US, expand the brand’s product offerings to new age groups … Read more
upGrad for Business (uGB), the B2B branch of Asia’s higher edtech behemoth upGrad, has added to its executive leadership team with significant recruits to support the expansion of its outcome-based learning approach for Indian corporations. The addition of Ketaki Kadekar as Director of Customer Success and Growth and Dolphy Dias as Director of Sales to … Read more
Byju’s, India’s largest ed-tech firm, plans to invest $200 million to expand and grow its hybrid tuition business. Over the next two years, the infusion will take place. “We have USD 200 million to invest over the next two years for use in exponential expansion of the ‘Tuition Centre model,” Himanshu Bajaj, head of Byju’s … Read more
Vedantu, the edtech behemoth, has laid off 200 people. This news comes nearly seven months after the Tiger Global-backed firm joined the unicorn club. With this statement, the Bengaluru-based company joins over a half-dozen other growth-stage startups that have lately let off a major portion of its personnel. While Vedantu claims it is part of … Read more
