Owl Ventures and Accel Partners participated in the Series C round for SplashLearn
The startup noted a 10X increase in traffic from India, but the market contributes less than 1% to its revenue
The company has its presence across 150 countries, with the US being its largest revenue contributor
US-headquartered edtech startup SplashLearn has raised $18 Mn in a Series C funding round led by San Francisco-based venture capital firm Owl Ventures, with participation from Accel Partners. The company plans to use this funding to scale its new personalised tutoring product to sign up more parents and get more teachers involved.
“We envision a world where every child would learn, fearlessly. The games within the program aim to shift the current narrative around learning, turning it into an experience that augments the child’s desire to learn by making learning itself rewarding for every child. Thus reducing their fear of failure, and creating what we like to call fearless learners,”
Explained: How Budget 2021-22 can help the education sector
Explained: How Budget 2021-22 can help the education sector
The Budget 2021-22 must look forward to addressing this key issue in order to bridge the gap in quality education.
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Explained: How Budget 2021-22 can help the education sector
HIGHLIGHTS
The Budget 2021-22 must look forward to addressing this key issue in order to bridge the gap in quality education.
It is expected that more funds are allocated to give a push to the digital education format.
In 2020, the Covid-19 pandemic has introduced an unprecedented change to the education system and some of these are permanent as well. For instance, distance or remote learning gained momentum and it is predicted that even if education institutions reopen, blended learning format would continue to be part of the new normal.
Concept by Muhabit ul haq
Synopsis
NSE Academy recently acquired a majority stake in TalentSprint, which offers courses to upgrade deep-tech and pure-tech skills. But why did a company that provides training for a career in financial investing and advisory make a foray into ed-tech? Clue: Look outside the silos of academic learning, job readiness, and skilling.
The viral outbreak and its impact have shaken up most businesses, but some sectors have come out stronger from the calamity. With schools shut down and classes going online, ed-tech has seen huge traction. On cue, investors have pitched in, too. According to ‘The Great Un-lockdown: Indian Ed-tech’, a report by Indian Private Equity and Venture Capital Association and business research firm PGA Labs, test-prep and after-school tuitions continued
5 edtech startups to watch out for in 2021
5 edtech startups to watch out for in 2021
As we welcome 2021, here we take a look at some of the best edtech platforms that are bound to succeed in the near future.
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5 edtech startups to watch out for in 2021
HIGHLIGHTS
The industry is likely to touch USD 3.2 billion by 2022, and the recent developments would only add to the numbers.
The Indian EdTech industry is the second biggest in the world and continues to rise with each passing day.
Check list of edtech startups to watch out for in 2021.
If there s one segment that has defied the trend in 2020 to register remarkable growth numbers, it s edtech. According to some estimates, the Indian EdTech industry is the second biggest in the world and continues to rise with each passing day. Reports published before the outbreak of the Covid-19 pandemic suggested that the industry is likely to touch USD 3.2 billion by 2022, and the recent developments would only add to the num
Shades of Indian Startup Ecosystem: The 2020 Edition
Total
A lot has happened in Indian startups space in 2020. And it’s time to do a recap!
Every year, I have done 50+ shades, but thanks to our ever decreasing attention span, I am now sticking to 20+ shades for this year.
In no particular order, sharing my perspective /takeaways / rants around all that happened with Indian startups in 2020 and some thoughts on what lies ahead.
If there is one name that made the biggest impact in the Indian startup scene in 2020, my vote goes out to Wolf Gupta.
From being a yogi who sold his Ferrari (i.e. startup) and having exited in 2 years, to now claiming that the ‘kid who got 12 cr salary from Google never existed’ to trying to shut the mouth of critics, the Whitehat team has completed a full circle and stood what Covid-19 stood for, i.e. unpredictably random.