Entreprenuernewsnetwork

AltUni, Alternative Digital Varsity, Secures $500K Investment from Indian Angel Network

Mumbai-based AltUni, an alternative digital university founded in 2020 by Ankit Doshi, recently secured $500,000 in funding, as reported by Entrepreneur India. The funding round was spearheaded by the Indian Angel Network and saw participation from a group of prominent angel investors. Notable contributors in this funding round included Vishesh C Chandiok (CEO of Grant … Read more

Hero Vired’s Future Tech Domain Drives Strong Revenue Growth

Hero Vired – India’s premium learntech company for professionals – recorded an impressive 20% of its total revenue in the last 12 months from its Future Tech domain. Since the launch of the category in September 2022, this domain has witnessed growth, largely attributed to its pioneering position as a first mover and its key industry … Read more

JAIN (Deemed-to-be University) Partners with Google Cloud to Prepare Students for the Digital Era

JAIN (Deemed-to-be University) and Google have formed a strategic partnership aimed at transforming education through the integration of open web technologies. This collaboration marks a significant milestone in fostering innovative teaching and learning models and equipping students with essential skills for the digital era. As part of this strategic collaboration, JAIN (Deemed-to-be University) will integrate … Read more

PowerSchool Acquires Neverskip to Expand Reach in India

In line with their robust growth strategy for the India market, PowerSchool, a global leader of cloud-based software for K-12 education, announced their acquisition of Chennai-based enterprise resource planning (ERP) software company Neverskip. The acquisition combines the power of Neverskip’s best-in-class ERP with PowerSchool’s industry-leading solutions to create a unified technology platform for schools in … Read more

Sequoia backed Edtech Startup Pankhuri Acquires Palash

Pankhuri, a key player in the edtech community and social commerce market, acquires Palash, an innovative platform dedicated to the empowerment of Indian women. The strategic move aims to harness the combined strengths of both companies to drive innovation, expand reach, and enhance the lives of millions of Indian women. The acquisition aligns seamlessly with … Read more

AICTE, EMBIBE Partner to Bring AI-Powered Personalized Learning to Schools

In a significant step towards achieving the goals of the National Educational Alliance for Technology (NEAT 3.0), which aims to improve the employment prospects of young people and enhance education with technology, EMBIBE, India’s foremost AI-powered learning & outcomes platform, has announced a groundbreaking partnership with AICTE, Ministry of Education. This collaboration aims to benefit more than 3.5 … Read more

Unveiling the Future of Science Education: An Exclusive Conversation with ScholARlab Founder

In an era where traditional teaching methods often fall short in bridging the gap between theoretical knowledge and practical application, the realm of education is witnessing a transformation fueled by innovation and technology. Enter ScholARlab, an exceptional educational venture committed to revolutionizing the way science education is approached in schools and institutions. I had the … Read more

ScholARlab Virtual Lab Makes Science More Relevant to Students with Real-World Applications

ScholARlab, a pioneering leader in the field of STEM VirtualLabs for K12 education, is making remarkable strides in revolutionizing the way science is taught in schools. With their cutting-edge fully interactive, simulator-based 3D virtual labs, the company is ambitiously bridging the gap in science education by providing a rich and immersive hands-on learning experience through their product ScholAR. … Read more

Simplilearn and E&ICT Academy IIT Guwahati Launch Joint Program to Help Professionals Master Cloud Computing and DevOps

Simplilearn, a leading global provider of digital skills training, has joined forces with E&ICT Academy, IIT Guwahati, to launch an exclusive Professional Certificate Program in Cloud Computing and DevOps. This strategic collaboration aims to meet the rising demand for new-age digital skills within the Indian market. By offering a comprehensive curriculum and hands-on experience through real-world Capstone projects, this … Read more

Simplilearn’s AI/ML Program Enrollments Soar 123%, Signaling Growing Demand for Upskilling

Simplilearn, a leading online boot camp offering digital skills training, has reported a substantial increase in demand for its AI/ML programs across its most successful markets, including India, the US, the Middle East, and Europe. Learner data from the company’s platform reveals a remarkable 123 percent surge in demand for AI/ML programs. The dynamic shift … Read more

Scaler introduces GPT-4 powered AI teaching assistant to enhance learner experience

Scaler (by InterviewBit), one of India’s fastest-growing edtech startups, today announced the introduction of its GPT-4 powered AI teaching assistant for learners. By integrating ChatGPT functionalities into the Scaler Academy program, the tech upskilling ‘soonicorn’ aims to reduce the doubt resolution turnaround time of the learners, enhancing their learning outcomes. This new system will enable comprehensive … Read more

Simplilearn Strengthens Leadership with Three Senior Appointments in India and the US

Simplilearn, the top online bootcamp for digital skills training worldwide, has taken a big step forward today by bringing in three accomplished senior leaders for important roles. Priyam Sachan is now the Vice President – Marketing in India, Kevin Adams takes on the role of Vice President – Commercial Sales in America, and Todd Schuster … Read more

Scaler partners with National Skill Development Corporation to bridge the skills gap in the tech industry

Scaler (by InterviewBit), one of India’s fastest-growing edtech startups, announced its strategic partnership with National Skill Development Corporation (NSDC) to help India meet its growing demand for Software Development Engineers, Data Scientists and Machine Learning specialists through its unique and effective upskilling programs. The collaboration will work towards standardising tech upskilling in emerging high-growth areas … Read more

Byju’s lays off nearly 1,500 employees

According to media sources, edtech unicorn Byju’s has fired over 1,500 workers in a new round of layoffs. Employees mostly from the design, engineering, and production verticals have been impacted by the layoffs. Around 2,500 employees, or 5% of Byju’s workforce, were let go in October. Around 1,500 people were let go by Byju’s due … Read more

Edtech startup Saarthi Pedagogy raises Rs 10Cr Funding

Saarthi Pedagogy, a startup in the edtech space, raised Rs 10 crore from venture capital firm GVFL Limited before closing its Rs 30 crore pre-Series A investment. Pinnacle Investments, a division of the Prestige Group, also participated in the current round. The business intends to increase the size of its technological team, produce more content, … Read more

Higher Education startup SunStone announces first ESOP buyback of Rs 18 crore

Higher education startup Sunstone, based in Gurugram, has announced its ESOP (employee stock ownership) buyback, which was orchestrated by WestBridge Capital and involved a total transaction of Rs 18 crore. This buyback benefited twenty Sunstone employees, both present and past, who had been with the business from its inception. 57% of the vested shares held … Read more