US-based Owl Ventures led the financing round. by Derrick Vikiru. September 28, 2020 The COVID-19 crisis has been a major catalyst in enhancing the learning process not just for students and educators, but also for investors and edtech startups. As of 3 January 2021, there are now 19 EdTech Unicorns around the world who have collectively raised over $13.7 billion of total funding in the last decade and are now collectively valued at $64B+. ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding.The round is … From studying in a group under ‘peepal ka tree’ to having an online study session via mobile phone or laptop/desktop, technology has totally revolutionized the education system in India. Posted by Ana Martinez on 8/21/19 6:42 PM; Tweet; The world population is expected to increase to 9 billion by 2050, which means we need to increase global food production by 70% to prevent massive famine according to the United Nations’ Food and Agriculture Organization. With the American edtech unicorn heard doubling in size in 2020 alone, and the pandemic forcing learning at all levels online, the sector is enjoying significant tailwinds. Cindy Mi. As the pandemic wreaked havoc across sectors and industries in the Indian market, even the traditional education system was brought to its knees. While many used to wonder how and when edtech startups would find a footing, that moment has come. EdTech CEO of the Year. Bambinos. The 2020 Dean's List: 30 Higher Ed IT Influencers Worth a Follow. The year before the pandemic saw already high growth and adoption in education technology, with global edtech investments reaching €15.87 billion in 2019. It consists of four main topics: business models, local ecosystems, consumer surveys, and business perspectives. Dive Brief: A CB Insights report identified a group of leading startups to watch next year in a dozen categories, as part of its Game Changers 2020 report.The young companies across sectors exhibit "high-momentum" and are currently developing technology that can potentially "transform society and economies for the better." October 17, 2020. SurveyAuto. Cirrus Assessment. Featured Image: Meritt Thomas, Unsplash. Here are the 6 Edtech startups that have helped the youth/children groom their skills and apply intelligence in everyday life with active brain development. Running EdTech startups is more than just growing a business, acquiring new customers, and generating early revenues. ... EdTech Startup of the Year. The spotlight on edtech grows brighter and harsher: On one end, remote-learning startups are attracting millions in venture capital. Over 14 startups have raised funding since March 2020, as online education sees a massive boom in India. Edtech startups raised more than $1.43 Bn across 100 deals between January 1 to December 15, 2020. It's about building a scalable business model. EdTechXGlobal is pleased to announce the eighth annual All Stars Awards, honouring the fastest growing and most innovative startups across the worldwide EdTech industry. Edtech Report 2020. Future of EdTech: What Startups Need to Know. Even before March, Byju’s raised $400 million and Unacademy raised $100 million in … Funding: Undisclosed. This report summarizes the growth of the education technology (edtech) startup in Indonesia. Enhanced Curriculum Solution Provider of the Year. Randi Eka - 18 August 2020. Sunitha Viswanathan, Vice President, Unitus Ventures It is safe to say that 2020 was a big bang year for edtech startups in India. The VC fund is the largest fund focused on the world’s edtech market, with over $1.2 billion in assets under management. iStock Indian ed-tech startups have received a total investment of $2.22 billion in 2020 alone, compared to $553 million in 2019, according to a report by PGA Labs and Indian Private Equity & Venture Capital Association. The EdTechXGlobal All Stars Awards are divided into three categories based on company size/growth and impact - the EdTechXGlobal Startup Awards, the EdTechXGlobal Scale-Up … EdTech Breakthrough Award Winners ... products and services in the field of educational technology. Investments shrank and plenty of resorted to layoffs, Startup investors seek GST reform, edtech sops, easier FDI rules * Blog for Startups ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. Cirrus Assessment is dedicated to creating the easiest to use, engaging, and … Artificial Intelligence Startups. Multiverse has raised some $44 million in Series B funding. Enhanced Curriculum. That’s a nearly 30 percent increase from the $1.7 billion invested in 2019, which was spread across 105 deals. On the other, many educators and parents are … August 2020 saw the education technology platform, Byju’s, owned by Think and Learn, acquiring the coding platform, WhiteHat Jr. in a $300 million deal. As Budget 2021 looms, the edtech sector, which looks to continue its remarkable growth momentum, expects to receive clarifications and directions on the National Education Policy (NEP) reform.. Investors: Bill and … In 2020, U.S. education technology startups raised over $2.2 billion in venture and private equity capital across 130 deals, according to the EdSurge edtech funding database. Over 90 ed-tech players have received funding in 2020, out of which 61 players received seed funding. The online EdTechX summit gathered 900+ global decision makers to discuss how COVID-19 is the disruptor of education and work As COVID-19 upended companies worldwide in 2020, Indian startups weren't spared. Nigerian educational and learning technology platform, uLesson announced today that it has closed a $7.5m Series A round. Top 10 Ed-Tech Startups - 2020 With the advancement in technology, the world has changed, so is the process and the way of doing a work has transformed. A unicorn startup or unicorn company is a private company with a valuation over $1 billion USD. Four Edtech Startups That Are Scoring Top Marks With Homeschoolers. ... an esports arena and a coworking space that will house an incubator for startups. A venture intelligence report said that education tech startups have collectively raised more than $795 million in H1 of 2020 in comparison with $108 million of last year. 10 Best Edtech Startups - 2020. https://magazine.startus.cc/7-edtech-startups-reshape-future-education The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. 15 Agtech Startups to Watch in 2020. Enhanced Curriculum Solution of the Year. It was recently named Best Education App at the 2020 … Modernization and technological invasion has hugely revolutionized the education system of the nation. Other participants include LocalGlobe and existing investors, including TLcom Capital and […] Indian edtech startups have collectively raised over $795 million in the first half of 2020 as compared to $108 million in the previous year, said a Mint story quoting a Venture Intelligence report. Alison Coleman Senior Contributor. 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