On October 15, 2021, L&T announced the launch of L&T Edutech (LTE) – it’s entry into the rapidly growing virtual education sector. It has now appointed Sabyasachi Das as the CEO of this Company. Key points to note – Sabyasachi is a Cognizant veteran having spent more than 22 years at the Company across various … Read more
Overseas education company, Leap, on Wednesday said it has raised $55 million (or roughly Rs400 crore) as a part of its Series C funding round, led by Owl Ventures. The round also saw participation from Harvard Management Company, Inc, along with existing investors Jungle Ventures and Sequoia Capital India. This round comes just six months … Read more
What Happened: China has announced a set of regulations that effectively ban the operation of for-profit education companies in the country. The new rules will no longer allow companies that teach school subjects to accept overseas investment, which could include capital from offshore registered entities of Chinese firms, according to a notice released by the … Read more
Is there any logical explanation to this? I think there is – checkout if it makes sense.
Elon Musk said his kids were “mostly educated by YouTube and Reddit” during an interview on Clubhouse. He also said he thinks education should be as engaging for kids as video games. Musk’s five older sons attend a school he created that mainly focuses on AI, coding, and applied science. Visit Business Insider’s homepage for … Read more
Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday. Further opening up of the economy with unlock measures and increased mobility has led to … Read more
Online education startup Byju’s on Tuesday said BlackRock, Sands Capital and Alkeon Capital have joined as new investors, as part of the ongoing $500-million fundraising round. Earlier this month, Byju’s raised funds from a group of investors, including private equity firm Silver Lake Partners along with existing investors General Atlantic, Owl Ventures and Tiger Global … Read more
4th note in the series… the last one for calendar year 2019 !