[Product Roadmap] How edtech startup WizKlub developed tech to enhance cognitive skills in children
A product roadmap clarifies the why, what, and how behind what a tech startup is building. This week we feature edtech startup WizKlub.
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After co-founding two edtech startups,
Amit Bansal, Manohar Kashyap, Swarup Vijh, and Pramod N started WizKlub in 2018. The idea was to create maximum impact on students by skilling them on specific tools. The second-time entrepreneurs realised the core aptitude of a person is defined in the first 13-14 years, and they felt the current school system was not helping children develop these necessary skills.
This Bengaluru startup is helping students enter IVY League colleges, IIMs with its on-demand GMAT training
Bengaluru edtech startup CrackVerbal offers GMAT training to students from countries, including India, Brazil, Singapore, the US, Russia, etc., enabling them to get admissions into IVY League colleges, IIMs, and ISBs.
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For students who wish to study in the US, cracking exams to find the right IVY League college is hard; the training and effort require discipline. With their edtech startup CrackVerbal,
Arun Jagannathan and Shreekala Kurup are trying to get this discipline restored among students.
The Bengaluru-based platform has helped
Tiger Global, others invest $50 m in edtech platform Unacademy
Mumbai |
Updated on
January 13, 2021
Our Bureau Edtech start-up Unacademy on Wednesday announced it has concluded a new secondary transaction round in which Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic have increased their stakes in the company.
As part of the round, the investors have acquired shares worth $50 million, doubling down on their investments.
Earlier funding
The latest transaction follows a round in November 2020, when Tiger Global and Dragoneer Investment invested in the Unacademy Group at a valuation of $2 billion.
Unacademy is backed by investors including SoftBank Vision Fund 2, Facebook, Sequoia India, SAIF Partners, Nexus Venture Partners and Blume Ventures.
Byju s to acquire Aakash Educational Services for $1 billion: Report
The deal, one of the largest ed-tech acquisitions in the world, will be closed in the next two to three months.
Byju s Founder Byju Ravindran.
Byju s, India s biggest online education startup, is on its way to acquire Aakash Educational Servies Pvt Ltd for $1 billion, reported Bloomberg on January 12.
Backed by Blackstone Group, Aakash Educational Services runs Aakash Institute, the well-known chain of coaching centres that train students for engineering and medical entrance exams.
According to the report, the deal, one of the largest edtech acquisitions in the world, will be closed in the next two to three months. Aakash s founders, the Chaudhry family will exit completely, while Blackstone will swap a portion of its 37.5 percent equity in Aakash for Byju’s stake.