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Looks like edtech startup, Infinity Learn, is on an acquisition spree. The company has taken over Wizklub in the latest deal. On Wednesday, Infinity Learn, an edtech firm financed by Sri Chaitanya, announced it had taken over Wizklub for USD 10 million (about Rs 77 crore). The deal is part of Infinity Learn's  push into cognitive learning. Wizklub's 100-person team will join the edtech platform and operate under the cognitive learning vertical "Infinity Futurz." Sushma Boppana, Founder and Director of Infinity Learn, said the take over of Wizklub adds significant value to what Infinity Futurz intends to provide. According to Boppana, "It fosters the development of a child's cognitive capacities from childhood, which are essential for both offline and online learning. This will allow us to take students' instruction to a higher level, focusing on how to raise their IQ levels and thinking abilities, making it easier for both Sri Chaitanya...

Newton School has secured US$ 25 million in a new round of funding. Among other things, the edtech startup will invest the money in breakthrough technologies like AI to improve teaching. Newton School, a Bengaluru-based edtech firm that is constructing a neo-university for aspiring software developers, has acquired $25 million in a Series B fundraising round. Steadview Capital, a global investment firm whose portfolio includes Indian startups Nykaa, Polygon, Zomato, and Freshworks, led the round.Nexus Venture Partners and RTP Global, both existing investors, also participated in the round. The funds received will be utilized to accelerate the company's growth, as well as to expand its personnel, technology , and brand-building activities. Newton School was founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari with the goal of democratizing higher education. It offers outcome-oriented learning experiences to both freshmen and working professionals...

In today's world, high-quality education can be provided anywhere, due to EdTech. Find out the top 5 EdTech companies in India this year that have made headlines for various reasons. EdTech is a term that refers to technology that is meant to improve educational outcomes. Today, India's EdTech industry is the world's second-largest, and it is just rising. These EdTech businesses in India are changing the Indian education environment in order to make education more engaging. Here are the top 5 EdTech businesses in India in 2022, as determined by recent success. 1. BYJU’s In India, Byju's has become synonymous with online education. Think and Learn Pvt. Ltd, a company started in 2011 by Byju Raveendran and Divya Gokulnath, launched BYJU's app. It began as a coaching class and has since grown to become one of the world's leading EdTech companies. BYJU’S is an educational tutoring software that operates on a freemium model, with freely acces...

Byju Raveendran started Byju on the terrace of a house. Here's the inspiring story of the company, which is now India's top ed-tech brand. Byju Raveendran is the Bengaluru-based educational technology company's owner, CEO, and founder. He is both an educator and a billionaire from India, who used to be a service engineer for a global shipping firm. However, the notion of teaching hundreds of kids for competitive exams altered his life, and he now owns India's largest ed-tech company. Byju's has become the most popular education software for kids of all ages. Byju makes use of original information, beautiful animations, and lectures by India's top academics. Byju Raveendran was born in 1981 in the Kerala coastal hamlet of Azhikode. His father was a physics teacher, while his mother was a math teacher. Byju attended a Malayalam medium school and earned a B.Tech from the Government College of Engineering in Kannur. During a holiday while work...

Byju Raveendran, the CEO of Byju's has made a massive investment recently. Raveendran's backing is part of a bigger $800 million round by the Indian edtech startup Byju Raveendran, co-founder and CEO of the namesake Indian edtech powerhouse Byju's, has invested $400 million in the firm. His investment is part of a bigger $800 million round raised by the Bengaluru-based startup. Sumeru Ventures, Vitruvian Partners, and BlackRock also participated in the round, the identity of which the startup did not reveal. According to a person familiar with the subject, the round values Byju's at around $22 billion. The funding comes as Byju's is generally expected to file for an initial public offering. Raveendran and his family's stake in the firm has increased to 25% as a result of the additional investment, an uncommon occurrence in the Indian startup world. Byju's, which has collected over $2.5 billion since the outbreak began, has utilised a m...

Vivek Kumar, of Uttar Pradesh, has fought many battles to build his edtech brand. Exampur now clocks a turnover of Rs 24 crore. Vivek Kumar, 29, of a tiny hamlet in Uttar Pradesh, nearly lost the business he had diligently created a few years ago when a company he had collaborated with stole the rights to his You Tube channel and demanded Rs 2.5 crore to give it back to him. His journey from a town in UP to the national capital, where he leads a team of 600 employees, including 200 teachers, is as inspiring as how he gathered the money, reclaimed his channel, and rebuilt his firm into a Rs 24 crore revenue company. Vivek is the founder of Exampur, which now trains thousands of young people for government profession. Exampur began as a You Tube channel in June 2018 from his hamlet, where he was preparing for the physical test after passing the written exam for the post of sub-inspector of police in Uttar Pradesh. He had no idea at the time that he would later refu...