online education | Pixr8 News

11Jun By Press Trust of IndiaNo Comments

INDIA

Indian Govt. Aim To Offer 2000 Free Online Courses Through its Program Swayam

In a bid to promote affordable education, Human Resource Development Minister Prakash Javadekar today said the government aims to offer about 2,000 online courses within one year through Swayam an indigenously developed platform. "Currently, 380 courses are offered through this platform and this will be enhanced to 2,000 courses in one year", he said after inauguration of a week-long Teachers Workshop at the Indian Institute of Technology (IIT) here. About 60,000 students have already completed their courses through this affordable platform launched last year. It makes knowledge available anytime anywhere like ATM offers cash, the minister said, adding that it can be termed ATL - Anytime Learning. The platform provides high quality education on various subjects from school level (...

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...

India Online Education Market Will Worth Around $1.96 Billion By 2021: Google-KPMG Report

31May By PriyankaNo Comments

ANALYSIS

India Online Education Market Will Worth Around $1.96 Billion By 2021: Google-KPMG Report

The online education industry in India is poised to grow eight times to become a USD 1.96 billion industry by 2021 as an increasing number of students consume content through e-routes. According to a report by Google and KPMG, the paid user base is also forecast to grow 6X from 1.6 million users in 2016 to 9.6 million users in 2021. The report titled Online Education in India: 2021 is based on market research and insights from Google search. It found that over the last two years, there has been a 2X growth in online searches for education and a 3X increase in searches made from a mobile device. About 44 per cent of education-related searches came from beyond the top six metros. Also, there has been a 4X growth in education content consumption on YouTube in the last one year, th...

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...

Ex-IAS Officer Led Startup Unacademy Raised $500,000

12May By AdityaNo Comments

FUNDING

Ex-IAS Officer Led Startup Unacademy Raised $500,000

Led by Ex-IAS officer, Unacademy a education technology platform has raised $500,000 led by Blume Ventures. Google's Rajan Anandan, CommonFloor founder Sumit Jain and redBus founder Phanindra Sama, among others has also participated. "Unacademy's vision is to distribute knowledge of the educators and innovators in the form of mini courses having lessons of not more than 10 minutes each," said Gaurav Munjal, CEO, Unacademy, who started the company along with 24-year old Roman Saini. "Delivery of education in India needs radical shifts," and Karthik Reddy,Managing Partner, Blume Ventures. "Unacademy is a manifestation of the team's vision to make all forms of educative material so intuitive and accessible that learning becomes extremely interesting and scalable," he added. ALSO ...

Bangalore based Simplilearn acquires Silicon Valley start-up for $10 million

27Jun By AdityaNo Comments

News

Bangalore based Simplilearn acquires Silicon Valley start-up for $10 million

Simplilearn, a Bangalore-based Edu-tech start-up, which provides online certification courses to professionals, has acquired Market motive, a Silicon Valley-based startup, which trains professionals on digital marketing. Market Motive, founded in 2007, is led by Michael Stabbins, John Marshall and Avinash Kaushik. Simplilearn, which already has its presence in the US, is looking at the prospect of expanding its business further. Michael Stabbins, who would remain the CEO of Market Motive and work alongside as Chief Innovation Officer for Simplilearn. Simplilearn presently caters to professionals and young graduates in 150 countries through its 250 courses offered in various industry verticals. Market Motive boasts to have served fortune 500 companies through its web-based certificat...