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[Funding alert] Edtech startup CoLearn raises $10M Series A investment led by AWI, GSV Indonesian edtech startup CoLearn has raised $10 million Series A investment, led by Alpha Wave Incubation (AWI) and GSV. It will invest the funds in product, technology, development, hiring, and marketing. 0 claps Share on Indonesian edtech startup CoLearn has raised $10 million Series A funding led by Alpha Wave Incubation (AWI) and US-based edtech investor GSV Ventures. Existing investors, including Sequoia Capital India’s Surge and AC Ventures, also participated in the round. This round of funding ha...

We'll soon meet in your inbox. Please wait... CoLearn launched its online platform in August 2020 and has scaled to reach 3.5 million students. It has set up a technology team in India and aims to double its size by the end of 2021. People with experience in data science, product and engineering roles will be hired across India, Indonesia and the United Arab Emirates. “Despite having the world’s fourth largest education ecosystem with 50 million students, three million teachers and half-a-million schools, the quality of education in Indonesia has remained much below its real potential for...

Apr 19, 2021 According to Gajendra Jaiswal, Founder – Edulyte Marketplace, “We are thrilled to announce that Yashendra who has wide exposure in building edtech is joining Edulyte Marketplace. His experience in the education industry will help us at a critical time when the start-up is looking to perfect its go to market strategy, build a strong management team and to expand its offerings.” In his words Yashendra Mishra commented, “It gives me immense pleasure to start my journey with an organization that is going to transform edtech& online learning space. As we aspire to reshape the ...

Hero Group forays into edtech with Hero Vired SECTIONS Share 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. Getty Images 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 professi...

URL copied BYJU'S to acquire Aakash Educational Services in $1B deal BYJU'S, the world's leading ed-tech company has announced its strategic partnership with Aakash Educational Services Limited (AESL). According to sources, the deal is worth close to USD 1 billion (about 7,300 crores) -- making it the biggest acquisition by Byju's to date.  Founder and CEO Byju Raveendran said the union will bring together the best of offline and online learning. "I am happy to have Aakash Educational Services Limited (AESL), a market leader and the most trusted name in the test prep services, on...