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Online Learning Startup EdCast Acquired Online Sales Training Company Sales University

26May By PriyankaNo Comments

ACQUISITION

Online Learning Startup EdCast Acquired Online Sales Training Company Sales University

Online learning startup EdCast acquired online sales training company Sales University, previously known as WAGmob, for an undisclosed amount. This is the first acquisition the education platform has made after closing a $16 million Series-B round led by GE Asset Management in April. Sales University, founded by former Microsoft engineering executives, is headquartered in Seattle, US and Indore in India. "Besides innovative features like video role play and product training, Sales University provide access to some marquee influencers like Tom Hopkins and Ken Thoreson. Most importantly, they have the best mobile-first sales training app that we could find," said Karl Mehta, founder of EdCast. However, Mehta refused to disclose the terms of the deal. Sales University claims ...

From Flatchat to Unacademy to Convincing an IAS to Quit his job – Gaurav Munjal’s Story

(The article was written by Gaurav Munjal in November 2015) As I look back at the journey of Flat.to, and now Flatchat, I remember my college days when a broker would give me 10% commission for every friend I referred to him. Soon we ended up creating a small platform for students to help them find accommodation in Juhu and Andheri. Then magic started to happen, a few months later I met Aakrit Vaish who came to give a guest talk at my college and he immediately offered me funding. I didn’t take it, because at that point of time according to everyone else leaving Directi’s offer would have been stupid. In retrospect, one year of Directi was an experience I kind of needed because it helped me a lot in the way I have done things in the companies I started. But then one year later I did ...

Tata Trusts, Khan Academy enter five-year pact to develop free, high quality learning experience in India

Tata Trusts, and Khan Academy, a Silicon Valley-based not-for-profit education initiative founded by educationist Salman Khan, announced that they were entering into a five-year partnership to leverage the power of technology to provide free, world-class education for anyone, anywhere in the country. The partnership will focus on developing tech-enabled, high quality and localised education resources across India by providing a personalised, mastery-based learning experience. A former hedge fund analyst, Khan, who began the initiative as a teaching platform for his cousins back in the mid-2000s, is now has 30 million registered students and has delivered over 580 million lessons and over four million exercise problems. Speaking to the media, Tata Trusts, Chairman Ratan Tata said: ...