Edtech

Verzeo plans to use the funds for marketing, expansion, and research and development of the product

The startup wants to help bridge the gap a student faces between the classroom environment and the workplace through training

With more than 15K registered students, Verzeo will soon offer electronics and robotics courses as well

If the talks materialise, the deal will value BYJU'S at $2.2-2.4 Bn

The edtech startup was earlier in talks with SoftBank and other investors to raise $200-250 Mn

BYJU’S is the first edtech startup to enter the billion dollar club

WaterBridge Ventures is exiting with five times returns of its investment in the company

The Venture Capital firm invested $1 Mn in Unacademy in 2016

Unacademy recently raised $21 Mn from Sequoia Capital, SAIF Partners and Nexus Venture Partners

Quizizz is an e-learning platform that helps teachers turn homework and tests into self-paced games

The startup will use the raised funds to develop new products

Quizizz claims that it has been adopted by more than 50% of US schools with 10 Mn students using the platform

• BYJU'S will be using the raised funds for global expansion
• The deal will value BYJU'S at around $2 Bn
• BYJU'S has recently crossed $14.54 Mn in revenue

Educational Initiatives will strengthen its tech platforms and expand its product portfolio with the funding

Gaja Capital will pick up a minority stake in Educational Initiatives

The investment was done via $240 Mn Gaja III

A total of 128 startups have received funding worth about INR 600.5 Cr

The DIPP is aiming at maximum disbursal of the allotted funds till 2025

Detailed information is available only for 116 startups so far

• Springboard raised $9.5 Mn In Series A funding last year
• It offers courses designed by industry experts and provides one-on-one mentorship to users
• It offers courses in data science, digital marketing, UX design, business analytics, etc
• The startup has about 10,000 users across 80 countries, mostly graduating students and professionals

• Unacademy plans to use the funding to onboard new educators on the platform
• The Bengaluru-based edtech startup plans to explore new categories, including courses for pre-medical, GATE, and CAT
• Unacademy currently has more than 300,000 lessons, 3 Mn registered users and 14,000 educators.

Popularly Known For Its Online Python, Ruby & Java Courses For Beginners, Progate Is Also Planning To Launch Courses In Blockchain, Bitcoin, And Ethereum

Eupheus Learning Is Providing Integrated Solutions To Bridge The Gap Between What Students Learn In School And At Home

Unacademy May Use The Funding To Go Deeper And Expand Into Areas Like K-12 And Competitive Exams