Tas Jawaharlal Nehru’s Post

🚀 Sparkl Edventure Secures $4 Million Backing 🎓 Aakash Institute-backed Sparkl, the latest edtech venture led by former Aakash CEO Aakash Chaudhry, has successfully raised $4 million in seed funding. 💰 Key Investors: 1. Deepinder Goyal, Founder & CEO of Zomato, 2. Nithin Kamath, Co-founder & CEO of Zerodha (via Rainmatter) Sparkl aims to revolutionize the Indian edtech landscape with innovative online learning solutions, setting the stage for a transformative impact in education. This significant investment highlights the growing confidence in the edtech sector’s potential to shape the future of learning in India. #SparklEdventure #EdTech #StartupFunding #AakashChaudhry #EducationInnovation #Zomato #Zerodha

Our Journey towards Sparkl's Exponential Growth begins. At Sparkl, our mission has always been to simplify learning and empower students to achieve their full potential and to solve real challenges faced by students in a rapidly evolving academic environment. Sparkl.me is built to deliver exactly what students need—personalised learning experiences tailored to their unique goals and learning styles. With one-to-one tutoring, a focus on customised and adaptive learning, and deep expertise in IB and Cambridge curricula, we’re helping students overcome academic hurdles with clarity and confidence. It’s not just a platform; it’s a partner in their academic journey. None of this would have been possible without the vision of our cofounders and the relentless passion of our teams. From product to Technology to operations to academics, every single person has worked tirelessly to ensure that our solutions are impactful and that students are supported in the best way possible. Here’s to building the future of education—one student at a time. 🚀 #EdTech #PersonalisedLearning #OneToOneTutoring #AdaptiveLearning #IBCurriculum #CambridgeCurriculum #EducationMatters #StudentSuccess #FutureOfLearning #GrowthJourney #InnovationInEducation

🚀 Biggest EdTech Funding in 2 Years! 🚀 PhysicsWallah has raised $210M in Series B funding, taking its valuation from $1.1B to $2.8B, now surpassing Upgrad to become the 3rd largest EdTech in India! 🌟 📊 Top EdTech Valuations: Unacademy - $3.44B Eruditus - $2.9B PhysicsWallah - $2.8B Upgrad - $1.86B Vedantu - $0.92B 🏅 PW now covers 98% of India’s pin codes and hit Rs. 779 crore in revenue in FY23, despite a 90% dip in profits to Rs. 8.87 crore. FY24 is expected to be its best year yet! Investors: Hornbill Capital, Lightspeed Venture Partners, GSV, WestBridge Capital. 📈 Source: BS, Inc42 #EdTech #SeriesB #StartupSuccess #FundingRound #Innovation #Education #IndiaGrowth #TechTrends #PhysicsWallah

Aakash Chaudhry, the cofounder of offline coaching institute Aakash Educational Services Limited, has secured a seed funding of $4 Mn (around INR 34 Cr) from Zomato’s founder and chief executive Deepinder Goyal and Zerodha’s cofounder and CEO Nithin Kamath for his new online tutoring platform Sparkl Edventure👇 Other marquee investors are also expected to join the cap table apart from Zerodha founder’s fintech and sustainability-focused fund Rainmatter and Goyal. Chaudhry launched Sparkl in October this year, along with Meritnation founders Pavan Chauhan and Ritesh Hemrajani. It offers tailor-made learning programmes for students navigating the international waters of International Baccalaureate (IB) and Cambridge curricula, with its internationally certified and trained teachers, AI enhanced pedagogy, a proprietary technology platform. To read the in-depth article, click here: https://4-2.co/4gRflOl #news #startup #funding #zomato #zerodha #founders

In 2022, EdTech VC funding totaled $10.6 billion, a 49% decrease from the $20.8 billion in 2021. The decline was driven by fewer large funding rounds and reduced Chinese investment due to regulatory changes. Major funding went to companies like BYJU'S and GoStudent. Despite the drop, the US, Europe, and India saw significant growth. The year ended with 30 EdTech unicorns valued at $89 billion, though valuations might decrease further. The focus is now on sustainable growth and innovation in the EdTech sector. https://lnkd.in/eKbtbUqh

Aakash Chaudhry, the cofounder of offline coaching institute Aakash Educational Services Limited, has secured a seed funding of $4 Mn (around INR 34 Cr) from Zomato’s founder and chief executive Deepinder Goyal and Zerodha’s cofounder and CEO Nithin Kamath for his new online tutoring platform Sparkl Edventure👇 Other marquee investors are also expected to join the cap table apart from Zerodha founder’s fintech and sustainability-focused fund Rainmatter and Goyal. Chaudhry launched Sparkl in October this year, along with Meritnation founders Pavan Chauhan and Ritesh Hemrajani. It offers tailor-made learning programmes for students navigating the international waters of International Baccalaureate (IB) and Cambridge curricula, with its internationally certified and trained teachers, AI enhanced pedagogy, a proprietary technology platform. To read the in-depth article, click here: https://4-2.co/4gRflOl #news #startup #funding #zomato #zerodha #founders

🚀 Unacademy and K12 Techno Services Pvt. Ltd. : Forging a Transformative Alliance 🚀 Exciting news echoes through the edtech landscape! Unacademy, the trailblazing unicorn, is currently in talks to merge with K12 Techno Services Pvt. Ltd. Techno Services—the driving force behind the renowned Orchids International Schools chain. This potential consolidation marks a significant milestone, especially considering the recent funding challenges faced by the edtech sector. 🌟 📚 A Synergy of Excellence 📚 Unacademy’s commitment to quality education and K12 Techno’s expertise in managing educational institutions converge in this strategic move. Orchids International Schools, with their strong presence across metros like Bengaluru, Mumbai, and Gurugram, have been shaping young minds for years. As discussions unfold, the contours of this merger—valuation, shared vision, and the path forward—are yet to be finalized. Let’s watch closely as these two giants explore new horizons together! 🎉🔍 #Unacademy #K12Techno #Edtech #MergerTalks #Business #Growth #Startup #InnovationIn #Future #Market #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/gFfsb6hz

The EdTech Rollercoaster: Are We Back to Square One? The news of #Allen Institute's potential acquisition of #Unacademy for a significantly reduced valuation ($800 million compared to Unacademy's peak of $3.4 billion) is a stark reminder of the rapid consolidation and shift within the Indian EdTech landscape. A Course Correction, or a Missed Opportunity? The initial promise of EdTech was revolutionary - increased accessibility, personalized learning, and a tech-driven approach to education. However, the recent wave of mergers and acquisitions paints a different picture. Are we witnessing a course correction, or have these companies simply failed to deliver on their value proposition? Here's what concerns me: Declining Valuations: The plummeting valuations of EdTech giants highlight a disconnect between initial hype and actual impact. Merging Backwards: The potential acquisition by a traditional institute like Allen raises questions about whether EdTech innovation has truly moved the needle. Quality Conundrum: Has the focus on mass access overshadowed the critical need for quality improvement in our academic ecosystem? India's Education Imperative India's demographic dividend demands a robust education system. We can't afford for EdTech to simply be a flash in the pan. The Way Forward Instead of a complete retreat, let's leverage the lessons learned: 1-Focus on Quality: EdTech's true value lies in augmenting, not replacing, quality educators. 2-Innovation, Not Disruption: We need EdTech solutions that enhance traditional strengths, not simply disrupt existing structures. 3-Data-Driven Decisions: Let's move beyond hype and base our education strategy on data-driven insights for measurable improvement. The question remains: Can EdTech 2.0 deliver on its initial promise? The time to act is now, and India needs to be at the forefront of this crucial conversation. #EdTech #EducationReform #India #unacadmy #Allen #Startups

In recent days I barely see any ed-tech startups bagging investments compared to the COVID era. Till 2022 if I remember correctly saw some big investments in the sector but now, I barely hear of any. Meanwhile, biggies like Byjus and unacademy have ruined the path of edtech (sort of). Do you still think any of the Edtech firms will make it to the unicorn status? I think there is a very slight chance, and the slightest hope is also because if a company can optimize AI to make a personalized learning experience possible and one more kindling doubt out to recruiters. Are online degrees even considered over offline ones? #edtech

📉 Edtech funding is hitting new lows in 2024, with global investments totaling just over $1 billion so far. Despite high demand and growing enrollment, venture capital interest has waned, and big exits like IPOs are scarce. High-profile failures, such as BYJU’s, contribute to investor caution. However, edtech's potential remains strong with expected growth in spending, driven by advances in AI and increased internet access. 🔗 https://lnkd.in/g8j7ZevM