Leap Scholar, an edtech business with operations in San Francisco, Bengaluru, and Singapore, revealed on Wednesday that it had raised $75 million (Rs 585 crore) in a Series D fundraising round that was primarily led by Owl Ventures. Along with previous investors Jungle Ventures and Sequoia Capital India, new investors Steadview Capital and Paramark Ventures … Read more
Allen Career Institute (ACI), the pioneers of organized coaching for students in India, today announced its foray into ed-tech with the launch of its maiden digital arm, Allen Digital Pvt. Ltd. The Company, which has pioneered coaching for entrance examinations such as JEE (Advanced & Main) and NEET (UG), aims to dramatically improve learning outcomes … Read more
CoachHub, the leading global digital coaching platform, closed a $200M Series C funding round, led by Sofina and SoftBank Vision Fund 2. The round will be used to further scale CoachHub’s product innovation and operations while accelerating the company’s global expansion. Following an $80M round only eight months ago, this Series C brings the three-year-old company’s total funding to $330M. … Read more
Bootstrapped Edtech venture, Toprankers.com – India’s largest platform for careers beyond engineering and medical, has raised $4M in Series A funding from leading consumer fund, Sixth Sense Ventures. Within India’s ed-tech sector, the $12B online test-prep space is the fastest growing at a 38% CAGR, set to quadruple to $4B by 2025 with over 5M+ … Read more
BibliU, provider of a Learning Enablement platform, today announced details of its Series B funding. The company has raised the first tranche of $15M led by its current investors with participation from new investors. The funds are targeted for expansion in the U.S. market, including new product development, additional publisher partnerships and further investments in … Read more
WorldGrad, a study abroad EdTech platform, recently raised an undisclosed amount in a new fundraising round from Australia’s Online Education Services (OES). Linc Education, an online academic services provider with a great track record of academic achievement and student success, runs the WorldGrad. The company claims to have added seven new partner universities to its … Read more
Spardha, an online music and performing arts instruction platform, raised INR 8 crore in a pre-Series A2 investment headed by Inflection Point Ventures. Mumbai Angels and We Founder Circle also participated in the round. Spardha is a futuristic digital platform for online music education founded by Saurabh Srivastav, Amrita Srivastav, and Rikhil Jain in 2016. … Read more
upGrad is looking to add nearly 3,000 people in the next three months and is close to securing a fresh funding. According to estimates, the company reached a $1 billion valuation in a funding round last year. According to Ronnie Screwvala, the corporation will hire between 6,500 and 7,000 people by August of this year. … Read more
Cuemath, an online math tutoring platform, announced on Wednesday that it has raised $57 million (about Rs 438 crore) in a fundraising round led by Alpha Wave, bringing the company’s valuation to $407 million. Lightrock, Alpha Wave Incubation, Sequoia Capital India, CapitalG (previously Google Capital), and Manta Ray are among Cuemath’s investors. Existing investors took … Read more
Inspired by exponential growth in Bakery industry in India in last few years & emerging cultural shift in Indian society of buying cakes and other bakery items on different occasions in the place of traditional sweets, country’s fastest growing online gifting platform & bakery retail chain Winni has forayed into baking education by starting it’s first baking … Read more
WhiteHat Jr will be enabling its students to access a live satellite to encourage space exploration and give a first-hand experience in space science. The satellite, named Ayana, has been developed by leading space service organisation EnduroSat with inputs from and expertise of the WhiteHat Jr team. Ayana was part of the payload carried by … Read more
Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Mohit Yadav as Vice President – Growth, and Sujoy Ghosh as Vice President – Product to the company’s leadership team. Simplilearn has consistently demonstrated profitability and increased its workforce from 1400 to around 2200 in the past year. With the … Read more
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
EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … 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
