Entrepreneur News Network

edustoke Secures Rs 3 Cr Seed Funding From Indus Initiatives

edustoke is India’s largest online preschool to K-12 platform, bridging parents’ needs for information and expert assistance on educational options. Indus Initiatives has provided the firm with INR 3 crore in startup finance for the brand. edustoke, founded in 2017 by Mr Pawas Tyagi and Mr Rohit Malik, is the pioneer in structured school search … Read more

Edtech firm LEAD enters unicorn club with $100 mn funding

LEAD, a school edtech platform, announced on Thursday that it has raised $100 million in a Series E fundraising round led by WestBridge Capital and GSV Ventures at a unicorn value. The company, launched in 2012 by Sumeet Yashpal Mehta and Smita Deorah, is banking on a boom in demand for online education as a … Read more

Vedantu named Pankaj Jain as Chief Financial Officer

Vedantu, a pioneer in LIVE online learning, today announced the appointment of Pankaj Jain as Chief Financial Officer. In his new role, Pankaj will orchestrate and execute Vedantu’s business finance in order to take the company to new heights. At Vedantu, his key responsibility will be to build and manage a diverse team while ensuring … Read more

Leverage Announces Foray Into Financial Services, Launches Remittances, Education Loan

Leverage, the study abroad platform that owns LeverageEdu.com, UniValley.com, and UniConnect, among other sites, announced its move into financial services today. The company will offer three services as part of this: overseas remittances, education loans, and international bank accounts. Rachit Juneja, who formerly worked with Constellation Blu (a Blue Ventures partner firm) and KPMG’s Financial … Read more

upGrad Named Vikram Vyas As Vice President – Growth, International Sales

upGrad, Asia’s leading higher education technology company, announced the hiring of Mr. Vikram Vyas as Vice President – Growth, International Sales for the APAC and EMEA markets. The move is part of upGrad’s plan to expand its activities in the worldwide higher education industry. Vikram’s new responsibility will include growing the company’s global presence and … Read more

School Management Platform Campus 365 Raises INR 2.15Cr In Seed Funding

Campus 365 Edunet Pvt Ltd, a Bengaluru-based edtech business, announced on Thursday that it has raised Rs 2.15 crore in seed funding led by Bengaluru-based angel investors. Campus 365 claims to offer a SaaS (software-as-a-service) platform that unifies school curriculum, teaching methods, and vendor resources. It was founded in 2017 by Mayank Singh, Sandeep Verma, … Read more

Mytutorhub Empowering Educators To Become Entrepreneurs

online-tutoring-business

myTutorHub, an online tutoring platform built by US-based Ed-Tech company, myTutorHub Inc., in the year 2021 envisions to empower teachers to utilize digital technologies to become global entrepreneurs by assisting teachers in setting up a hybrid classroom offering digital tools and necessary resources to extend their market globally. The start-up is modernizing the education sector by offering … Read more

Edtech Platform Kohbee Raises USD 235,000 in a Pre-seed Round Led by Dineout CEO and Fitso Founder

India’s fast-growing Edtech platform Kohbee, which helps online educators manage their business end-to-end, has raised $235,000 in a pre-seed funding round led by a group of angel investors that included Ankit Mehrotra (CEO, Dineout), Saurabh Aggarwal (Founder, Fitso), Ah! Ventures, Fortunexus and others. Founded by IIT(BHU) alumni, Rohan Sinha and Shashwat Aditya, Kohbee makes it … Read more

BYJU’S named Himanshu Bajaj as Head of Business – BYJU’S Learning Centre

Himanshu Bajaj

Himanshu Bajaj has been named Head of Business at BYJU’S Learning Centre, the world’s biggest edtech startup and inventor of India’s most popular school learning app. Himanshu’s responsibilities will include overseeing the growth and extension of BYJU’S Learning Centre, as well as providing strategic business growth and thought leadership direction for the brand and company. … Read more

Ed-Tech startup Dhurina raised USD 1.2 million

Dhurina, a rapidly growing e-learning platform, has acquired USD 1.2 million in a second round of funding led by RVCF and additional investors such as LetsVenture, RBD Publication, India Accelerator, Precision Startup Advisory, and Pai Ventures. The newly invested money will be used for technology advancements, aggressive business growth, company expansion, and expanding the product’s … Read more

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. This comes at the heels of Teachmint’s acquisition of Teachmore, a course-selling platform which enables … Read more

Edtech startup Masai School acquires Data Analytics firm Prepleaf for $1M

Masai School, an online coding school based in Bengaluru, has purchased data analytics firm Prepleaf for $1 million in order to expand its data and business analytics training offerings. Prepleaf will continue to operate as an independent organisation under the “PrepLeaf by Masai School” label following the acquisition, according to the announcement. Masai School had … Read more

S Chand Group acquired minority stake in edtech startup iNeuron Intelligence

S Chand

S Chand, a New Delhi-based education content company, has decided to buy a minority position in iNeuron Intelligence Private Limited, a Bengaluru-based edtech startup. Mukesh Sharma Family Trust, S Chand Directors, S Chand Key Managerial Personnel, and others have also invested in the round. Mr. Mukesh Sharma, a co-investor, is a serial entrepreneur and educator … Read more

Srikant Datar to Teach Online Certificate Course to Help Business Leaders Think Differently

Harvard

Harvard Business School Online is announcing a new certificate course taught by Srikant Datar, Dean of Harvard Business School, called Design Thinking and Innovation. The course will help leaders be more inventive and creative in their approach to strategic initiatives and problem-solving. Datar, the George F. Baker Professor of Administration, has held many leadership roles at Harvard Business … Read more

CollegeDekho named Sudhir Bhargava as Chief Financial Officer

Sudhir-Bhargava

Sudhir Bhargava, an excellent financial strategist with approximately 30 years of experience in the internet, education, management advising, and services industries, has been named Chief Financial Officer of CollegeDekho, India’s largest higher education ecosystem. Sudhir will supervise fundraises and stakeholder management in his new capacity, as well as oversee and negotiate potential mergers and acquisitions. … Read more

Edtech startup PlanetSpark raises $13.5M in Series B

PlanetSpark, a Gurugram-based edtech business, raised $13.5 million in a Series-B fundraising round led by Prime Venture Partners and prominent global entrepreneurs Binny Bansal, Deep Kalra, Dr Ashish Gupta, Gokul Rajaram, and Shirish Nadkarni on Tuesday. PlanetSpark, founded in 2016 by Maneesh Dhooper and Kunal Malik, provides live 1:1 public speaking and creative writing workshops … Read more

upGrad to Acquire Edtech company Talentedge

On Monday, December 6, upGrad, a leading online higher education provider, announced the acquisition of Gurugram-based edtech rival Talentedge. The acquisition is estimated to be worth between Rs 350 and Rs 400 crore, according to reputable sources. Talentedge, the fourth largest online education provider, expects to generate over Rs 130 crore in revenue this year … Read more

CollegeDekho Closes Series B Funding Round with USD 35 Million

CollegeDekho, India’s largest college admissions and higher education services platform, closes its Series B funding with Disrupt ADQ and QIC coming on board recently. The USD 35 million (~INR 260 crore) round has been led by Winter Capital, ETS Strategic Capital – the private equity investments arm of ETS (creator of the TOEFL® tests and … Read more

NIIT’s Subsidiary, RPS Consulting Appoints Francis Jacob as President and Business Head

NIIT’s subsidiary, RPS Consulting announced the appointment of Francis Jacob as its President and Business Head. RPS Consulting is a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies. Francis is a senior leader with over two decades of experience … Read more

Ronnie Screwvala Invests $5M In 21K School

21K School, India’s first online-only school, just raised $5 million in a pre-Series A financing led by Ronnie Screwvala, Co-Founder and Chairman of upGrad. Santosh Kumar, Yeshwanth Raj Parasmal, Dinesh Kumar, and Joshi Kumar founded 21K School in 2020 with the goal of creating a 100% online school that offers children aged 3 to 18 … Read more