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Google.org Offers $8.4M Grants to 4 Indian NGOs

9Apr By PriyankaNo Comments

FUNDING

Google.org Offers $8.4M Grants to 4 Indian NGOs

Google.org, the philanthropic arm of Google, today announced grants of $8.4 million to four NGOs in India that offer technology-based learning solutions. The NGOs include Pratham Books StoryWeaver ($3.6 million), Pratham Education Foundation ($3.1 million), Million Sparks Foundation ($1.2 million) and Learning Equality ($500,000). They will receive the grant for two years to expand and scale the work they are doing. These grants are part of a global $50 million commitment that Google.org has made towards supporting non-profit entities that are building tech-based learning solutions. "These grants will be used to scale existing initiatives to reach more children and build more innovative and engaging tech-based learning solutions to close the gap in learning and academic opportunity," ...

An Education Firm Eruditus Raises $8 Million From Bertelsmann India Investments

3Apr By PriyankaNo Comments

FUNDING

An Education Firm Eruditus Raises $8 Million From Bertelsmann India Investments

Eruditus Executive Education today said it has raised USD 8 million (Rs 52.36 crore) in its series B round from Bertelsmann India Investments. The company plans to use the funding to add new programmes with existing and new university partners as well as expand its geographical footprint to China, Latin America and Europe, the executive education programmes provider said in a release. "Bertelsmann is a great partner given its global footprint, its expertise in education and its success in scaling business by working closely with the founding team," Eruditus co-founder and Director Chaitanya Kalipatnapu said. Eruditus has collaborated with top business schools such as INSEAD, Harvard Business School, Wharton, Tuck, MIT Sloan and Columbia Business School in bringing their profession...

3Apr By PriyankaNo Comments

FUNDING

Education Technology Startup Testbook Raises Funding From Matrix Partners India

Matrix Partners India announced today that it has invested an undisclosed amount in education technology startup, Testbook. "We are on a mission to reshape the process of how students prepare for competitive exams. Our endeavor is to deliver world class, personalised learning content for students while solving the problem of access and affordability for the masses," Ashutosh Kumar, founder and CEO of Testbook, said. Founded by a team of IIT graduates, Testbook is an online learning platform enabling students to prepare for recruitment exams for Government jobs such as SBI PO, SSC CGL, IBPS PO, Railways and many more, Matrix said in a statement here. Government jobs exam preparation is one of the largest education markets in India with over 40 million students appearing every year ...

Unacademy Collaborates With TapChief to Help Students Land Their First job

24Jan By AnkitaNo Comments

BUSINESS

Unacademy Collaborates With TapChief to Help Students Land Their First job

Employment opportunities have boomed over the years which have left fresh graduates with more than enough options to choose from. However, that has not sweetened the deal for them. Fresh graduates today, and even experienced professionals, find themselves confused about the career path they should embark upon. To make matters worse, no substantial professional help is available. India's leading online learning platform - Unacademy, in collaboration with leading career advice platform - TapChief , has launched courses on job preparation for freshers, recent graduates, and working professionals. The scopes of courses on offer include career counselling, skill development, switching jobs, and other related aspects. What sets these courses apart from the other content available online is th...

Samsung Sets up “Smart Class” in 373 Navodaya Schools

5Jan By AnkitaNo Comments

News

Samsung Sets up “Smart Class” in 373 Navodaya Schools

Samsung India said today it has set up "smart class" in 373 Jawahar Navodaya Vidyalayas in different parts of the country since 2013, allowing more than two lakh students access to easy and digitally interactive learning opportunities. In this period, over 7,400 teachers have been trained on how to use interactive technology to teach, the Korean electronics major said in a statement here. The company has launched the "Samsung Smart Class" programme in collaboration with Jawahar Navodaya Vidyalayas, a system of alternate schools under the Union Ministry of Human Resource Development. Every such smart class is equipped with an interactive Samsung Smartboard, Samsung laptops/tablet, a printer, Wi-Fi connectivity and power backup. Samsung Smart Class supplements regular lessons in ...

BHU Students Launch Drive to Make Campus Go Cashless

24Dec By Press Trust of IndiaNo Comments

INDIA

BHU Students Launch Drive to Make Campus Go Cashless

Banaras Hindu University students have launched a new campaign to encourage people to adopt digital payment methods inside the campus, with the varsity administration installing PoS machines at its hospitals here. The Mera Mobile Mera Batua drive by the students was launched yesterday, a day after Prime Minister Narendra Modi urged people here to shift toward electronic payment methods. BHU administration has initiated actions to install Point of Sale (PoS) machines at its 15 registration counters to receive money from patients. It has installed the machines at its medicine shops within the Sir Sunder Lal Hospital and Trauma Centre campus. Nearly 35 such machines have been provided by State Bank of India to the administration. Out of them, 20 have been installed at the hospital...

Member of World Bank Group Invested in India’s Online Education Startup BYJU’s

21Dec By NitishNo Comments

FUNDING

Member of World Bank Group Invested in India’s Online Education Startup BYJU’s

IFC, a member of the World Bank Group, today said it has invested $15 million in online education startup BYJU's. This partnership will enable BYJU's to further their plans to make quality education accessible for students across the nation as well as in international markets, International Finance Corporation (IFC) said in a statement. In September, BYJU's had raised USD 50 million from a clutch of investors, led by Chan Zuckerberg Initiative (CZI) and Sequoia Capital. BYJU's has also raised USD 9 million from Aarin Capital in 2013, followed by Series B funding of USD 25 million from Sequoia Capital last year and a USD 75 million fund raise from Sequoia Capital and Sofina earlier this year. "The investment from IFC recognises our commitment to create world-class learning programs th...

Collegedunia.com – Becomes the Largest Review Platform for Colleges in India

29Oct By NitishNo Comments

News

Collegedunia.com – Becomes the Largest Review Platform for Colleges in India

Collegedunia.com, India’s leading education portal, has pioneered to become the only platform in the education sector to cater more than 80000 visitor authentic reviews for various colleges in India. Having surpassed most of the players in the very competitive education market, Collegedunia already stands firm on Google with a consistent presence in the top results. Collegedunia is set to break another record within a very short span of its commencement by becoming the epitome of catering the maximum reviews. Sahil Chalana, Founder of Collegedunia.com said, “Information is a primary mandate for any decision making, Collegedunia envisions to become the in-depth information source for every student in India. The reviews we have managed to cater are significantly building and representi...

23Oct By PriyankaNo Comments

FUNDING

Skills Alpha a Digital Learning Platform Raises $450K Angel Funding

Mumbai-based Skills Alpha is one of the newest start-ups in the entrepreneurial ecosystem which helps the corporate employees to learn and develop their skills has raised $450K in Angel funding round from Mr. Ganesh Natarajan. Ganesh Natarajan an IT veteran and former CEO of Zensar Technologies has a stake of 60-65% in the company. The company which was founded in 2016 and run by Jaideep Kewalramani CEO of Skills Alpha, offers a dashboard where employees can see where they stand in their career and what they need to do if they want to climb up the skills levels. Skills Alpha provides three-dimensional skills through bite-sized content and curated learning path. Jaideep Kewalramani ,CEO,Skills Alpha said, "The whole premise of Skills Alpha is how we start by infusing aspiration an...

20000 Crore Alloted For R&D at IITs, IIMs and Other Higher Education

12Sep By Press Trust of IndiaNo Comments

INDIA

20000 Crore Alloted For R&D at IITs, IIMs and Other Higher Education

In a bid to boost innovation at premier institutions, an agency will soon be set by the government to provide funds up to Rs 20,000 crore for building research-oriented infrastructure at IITs, IIMs and other centres of higher education. The HRD Ministrys proposal to this effect was cleared at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi today. Announcing the decision, HRD Minister Prakash Javadekar said a Higher Education Financing Agency (HEFA) would be jointly promoted by an identified promoter and his ministry with an authorised capital of Rs 2,000 crore of which government equity would be Rs 1,000 crore. The HEFA would be formed as a Special Project Vehicle (SPV) with a PSU Bank/Government-owned NBFC as promoter and it would leverage the equity to raise u...

Digital Education Platform TopRankers Raises Rs. 4.5 Crore

10Sep By PriyankaNo Comments

FUNDING

Digital Education Platform TopRankers Raises Rs. 4.5 Crore

Digital Education platform TopRankers announced raising Rs. 4.5 crore funding from Careernet Consulting and Ideation Initiative Pvt. Ltd. The company plans to utilize the capital to upgrade its services by investing in innovative technology, and also expand its geographical presence in India. TopRankers is a Bengaluru-based online test preparation portal that enables students to prepare for competitive exams through an innovative platform. It offers comprehensive study materials, and elaborate tests for practice, which are carefully divided in to various chapters and topics. These can help students who are appearing for competitive exams to work on their weak areas and practice accordingly. Founded in 2014, the dynamic venture currently has offices in Bhopaland Delhiapart from Bengal...

BYJUs Raises $50 mn From Chan-Zuckerberg Initiative and Others

8Sep By NitishNo Comments

FUNDING

BYJUs Raises $50 mn From Chan-Zuckerberg Initiative and Others

Online education start-up BYJUs has raised USD 50 million (about USD 332.3 crore) from a clutch of investors, led by Chan Zuckerberg Initiative (CZI) and Sequoia Capital. Other participants in the series D funding included Sofina, Lightspeed Ventures and Times Internet Ltd. The new round, which comes within months of a USD 75 million fund raise from Sequoia Capital and Sofina, will be deployed to fuel international expansion in countries like the US and the UK. It already has a presence in the Middle East. This is the first investment of CZI, which was founded by Facebook founder Mark Zuckerberg and his wife Priscilla Chan, in Asia. "The Chan Zuckerberg Initiative supports innovative models of learning wherever they are around the world," said CZIs Vivian Wu, who will join BYJ...