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Posts Tagged ‘ Byju’s ’

Ed-tech startup Byju’s raises $15 mn from IFC

Tuesday, December 20, 2016 | More »

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Ed-tech startup Byju’s has raised $15 million from International Finance Corporation (IFC), the World Bank’s private-sector investment arm. VCCircle had first reported in July that Byju’s was close to raising between $25 million and $50 million for international expansion, and had named IFC as...

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Exclusive: Norwest Ventures-backed iProf winding up operations

E-learning and test preparation company iProf Learning Solutions India Pvt. Ltd is winding down its operations, according to two people familiar with the matter. iProf’s website has not been operational for nearly a month now. “The organisation is in the process to closing down its operations,...

13 December, 2016 | More »

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Ed-tech startup XSEED raises $10 mn Series B funding from Verlinvest

Singapore- and Bangalore-based ed-tech startup XSEED Education has secured over $10 million (around Rs 67.5 crore) in its Series B round of funding from Belgium’s family-owned consumer-sector focused investment company Verlinvest SA. The firm will use the proceeds from this round to scale its ...

12 December, 2016 | More »

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Chan Zuckerberg Initiative to invest $3 bn in health research

Facebook co-founder and chief executive Mark Zuckerberg and wife Dr Priscilla Chan have pledged to invest more than $3 billion over the next ten years to develop research technology that can fight and cure diseases globally. Last year, the two had announced that they will give away 99% of Facebook s...

22 September, 2016 | More »

Online_Education

Indian ed-tech market size to touch $2.5 bn this year, says report

The market size of online supplemental education opportunity in India is expected to touch $2.5 billion in 2016 and is poised to grow at 15% over the next three years, driven by innovative ways of delivering courses and study material by players in the space, according a report by research and advis...

19 September, 2016 | More »

Rajan Anandan

Ed-tech startup Stoodnt gets funding from Google’s Rajan Anandan

Stoodnt, an educational-technology firm which facilitates interaction between students and admission counsellors or educational institutions, has raised $300,000 (Rs 2 crore) in a seed funding round led by Google India managing director Rajan Anandan, the startup’s founder told TechCircle. The com...

12 September, 2016 | More »

Byju's

Ed-tech firm Byju’s gets $50 mn led by Mark Zuckerberg’s foundation

Ed-tech startup Byju’s has raised $50 million (Rs 332 crore) in a round co-led by Chan Zuckerberg Initiative (CZI), marking the first investment of the philanthropic foundation of Facebook founder Mark Zuckerberg and wife Priscilla Chan in Asia. Times Internet Ltd, part of media conglomerate Times...

8 September, 2016 | More »

prozo

Exclusive: Ed-tech startup Prozo raises pre-Series A round

Prozo.com, an online marketplace for buying and selling study material, has raised its pre-Series A round of funding from a London-based venture capital firm and two affluent individuals, a person familiar with the development told TechCircle. Prozo, operated by Global Edu4Share Pvt. Ltd, has raised...

7 September, 2016 | More »

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Ed-tech firm ConveGenius raises $900K from Michael & Susan Dell Foundation

Noida-based ConveGenius Edu Solutions Pvt Ltd, a mobile-based education venture, has raised equity investment worth Rs 6 crore ($90,000) from Michael & Susan Dell Foundation. The firm will leverage the funds to provide impactful ‘education for the masses,’ it said in a statement. “With the...

24 August, 2016 | More »

Money111

Byju’s set to raise $50 mn for international expansion

Ed-tech company Think & Learn Pvt Ltd announced on July 24 that it is set to raise $50 million that will be used for inorganic growth through global acquisition and international expansion of its online test preparation platform Byju’s Learning App. While the company did not disclose the sourc...

25 July, 2016 | More »

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