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Ed-tech: Prepping for a test: Did Jeff Bezos push Byju Raveendran to hurry the billion-dollar Aakash buy?


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From left, Byju Raveendran, founder and CEO, Byju s learning app; Jeff Bezos, founder and CEO, Amazon
Synopsis
There are few things that spur billionaires into action than the spectre of other billionaires encroaching their territory. That could be one motivation behind Byju’s billion-dollar acquisition of Aakash.
Byju’s is in no mood to wait around. Founder Byju Raveendran knows the wind is fair and he should make the most of it. With continuous fundraises, acquisitions, expansion drives, and massive hiring, Byju’s has kept the startup press engaged for the past three years. In the past one week alone, it completed a billion-dollar acquisition, raised a fresh billion-dollar fundraise, and announced a global product launch.Byju’s valuation has touched a ....

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This woman entrepreneur's medtech startup protects newborns with a 'Raksha' device


This woman entrepreneur’s medtech startup protects newborns with a ‘Raksha’ device
Pratyusha Pareddy is the Co-founder of medtech startup Nemocare Wellness, whose product ‘Raksha’ is an easy-to-use wearable device, which wraps around the foot of the newborn, and monitors six main vital signs.
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Pratyusha Pareddy, Co-founder of Nemocare Wellness, belongs to a family of doctors. She decided to pursue engineering and product design from the
National Institute of Design. However, she gravitated towards addressing unmet needs in the healthcare sector.
“At NID, I learnt how marrying top-notch tech with responsible and simple design thinking principles can create wonders. The projects I had taken up at NID  like improving rural maternal healthcare helped us travel extensively in rural Gujarat to understand how healthcare works at the grassroots level, as well as how simple design intervention can drastically improve the lives of p ....

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Hero Group forays into edtech with Hero Vired


Hero Group forays into edtech with Hero Vired
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Synopsis
Hero Vired, led by Akshay Munjal, has partnered with MIT and New York-based Codecademy to develop skill sets of those who have completed schooling.
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Although the Covid-19 pandemic adversely impacted the traditional education sector, it fuelled the growth of and funding for the edtech industry.
Bengaluru:Hero Group has launched a new edtech startup, Hero Vired, aimed at tapping students who have completed schooling.
“India faces a unique employability paradox where there s a shortage of highly skilled professionals, and yet graduates find it difficult to secure suitable jobs due to lack of skill sets that are imperative for the industry,” said Akshay Munjal, founder and chief executive officer of Hero Vired, part of the $5 billion Hero Group. ....

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Hero Group launches edtech platform Hero Vired

Hero Vired is aimed at upskilling to strengthen the talent pool with industry-ready employees ....

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Byju's Planning To Go Public By April 2023 After Making Nearly $1 Billion Deal With AESL


Byju s Planning To Go Public By April 2023 After Making Nearly $1 Billion Deal With AESL
by Bhaswati Guha Majumder - Apr 6, 2021 09:57 AM
Founder and CEO of BYJU’S learning app, Byju Raveendran (Photo by Hemant Mishra/Mint via Getty Images) 
Snapshot
Byju’s is aiming at an 18-to-24 months timeline to look at the public offering.
But as per its founder Raveendran, it would take more time as the company is in no hurry and will look at the right market timing .
Indian educational technology company Byju’s has clinched the title of being the most valuable firm in the field of EdTech in the world since its official launch in 2015. ....

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