WhiteHat Jr’s founder and CEO, Karan Bajaj, is leaving the company a year after selling it to Indian edtech behemoth Byju’s for $300 million. Trupti Mukker, who formerly led Whitehat Jr’s customer experience, will now oversee WhiteHat Inc. Bajaj and Byju’s founder and chief executive Byju Raveendran said the departure was a “mutually decided” choice made at the time of the acquisition of WhiteHat Jr. in an email to workers on Wednesday.
Rajasthan govt, as schools continue to remain closed, has signed an MOU with edtech firm ConveGenius to make e-learning accessible to 70 lakh students enrolled in govt and low-fee private schools in the state. The new initiative will help students to improve performance and address weak points by providing targeted content and recorded e-kaksha (e-classes). The partnership will also strengthen the state govt’s ‘Aao Ghar Mein Seekhein 2.0’ program.
E-learning platform AlmaBetter aims to train 25,000 aspiring data scientists by the end of March 2022. It has allocated Rs 2 cr for the project and a part of the funds will be used for scholarships. There are nearly 1.1 lakh vacancies in the data science sector and 25,000 will be trained to fill the gap. Teachers on AlmaBetter are from premier institutions, fortune 500 companies, and the curriculum is designed considering industrial relevance.
Byju’s has acquired test preparation firm Aakash Institute for a nearly $1bn cash and stock deal to build one of the largest education groups in India, The institute, backed by Blackstone Group, will continue to function independently under the leadership of Founder JC Chaudhry and Aakash Chaudhry. It has over 200 brick and mortar educational centres across India and teaches aspirants of the country’s top engineering and medical schools.
An Internshala Trainings, the e-learning arm of Internshala, report said that 26% of students enrolled for programming with Python training, 23% for digital marketing, and 22% on learning web development. Ethical hacking and machine learning also charmed students with 15% and 14% enrolments respectively. Digital marketing (39%) and web and mobile app development (16%) were the top profiles among employers hiring remote interns and entry-level employees.
Edtech startups in India have raised a total $2.22 bn in 2020, according to a report by Indian Private Equity and Venture Capital Association and PGA Labs. These startups, so far, have raised a total of $4 bn since 2016. Byju’s and Unacademy topped the list with a total of $2.32 bn and $354 mn, respectively. Followed by Vedantu at $206 mn, Toppr at $107 mn, and Lead School at $39.4 mn. B2B edtech firms raised a total funding of $31 mn between 2017 -20.
E-learning platform Vedantu has appointed Ranjan Sakalley as Head of Engineering and Technology. Ranjan will be based out in Bangalore and report to Vamsi Krishna, CEO and Co-founder. He will head the expansion of Vedantu’s tech and 200 strong engineering team. Vedantu has 1.5 lakh students study live every month and more than 25 mn users every month from 1,000+ cities and 40+ countries access free content, tests, doubts, videos.