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Online Learning Platform Coursera files for IPO

8Mar By AnkitaNo Comments

Market

Online Learning Platform Coursera files for IPO

MOUNTAIN VIEW, Calif., 8th March 2021-- Online learning platform Coursera has filed for an IPO with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Coursera has applied to list its common stock on the New York Stock Exchange under the ticker symbol “COUR”. Morgan Stanley and Goldman Sachs & Co. LLC will act as lead book-running managers for the proposed offering. As per the IPO filing, Coursera 51 percent revenue came from outside the US. The online learning platform reported a 59 percent revenue increase in 2020 that came from over 77 million registered users. More than 2,000 businesses (including 25 per...

Google Collaborate With Coursera to Launch Online IT Certification Courses

17Jan By AnkitaNo Comments

BUSINESS

Google Collaborate With Coursera to Launch Online IT Certification Courses

Tech giant Google and online education leader Coursera today announced the launch of a certificate course aimed at filling entry-level IT support jobs globally. The Google IT Support Professional Certificate, developed by subject-matter experts at Google and offered exclusively on Coursera, will help anyone with no prior experience to be ready for an entry-level IT support job in 8 to 12 months. The programme will allow learners to share their information with a host of top companies looking to hire entry-level support professionals, including Bank of America, Walmart, Sprint, GE Digital, PNC Bank, Infosys, TEKSystems, UPMC, and, of course, Google. "Finding qualified IT personnel is a challenge many companies face. With 150,000 open roles in IT support, it is one of the fastest...

8Jun By AdityaNo Comments

FUNDING

Online Education Firm Coursera Raises $64 Million Funding

Online education firm Coursera has raised USD 64 million from GSV Asset Management, New Enterprise Associates (NEA) and Kleiner Perkins Caufield Byers (KPCB), among others. The series D funding round also saw participation from Learn Capital and Lampert Foundation, Coursera said in a statement. The new funding takes the company's total capital raised to date to USD 210.3 million. Coursera has over 26 million registered learners globally. Coursera will use the latest round to fund efforts in its fast-growing enterprise business (Coursera for Business), to expand its masters degree portfolio, and to accelerate product innovations, it said. "This round of funding enables us to continue innovating across our platform to deliver better learner outcomes, and to accelerate the momentu...

Online Education Platform Coursera Focussing on Tie-Up With Indian Enterprises

27Jun By AnkitaNo Comments

News

Online Education Platform Coursera Focussing on Tie-Up With Indian Enterprises

Online education firm Coursera is focussing on partnering Indian enterprises for corporate learning solutions as part of its efforts to expand its presence in the country. Coursera, which counts India as its third largest learner market after the US and China, has 1.3 million users here. Globally, it has a user base of 19 million learners. "India is a priority market for us in 2016 and we are making significant push here. We are building features into the product specific to local needs," Coursera Senior Advisor Nikhil Sinha said. He added that the company is also in discussion with various Indian educational institutions for offering courses through its platform to global users. Sinha said the aim is to be a tool that people use for both "educational benefits and career ...