Technology In Education

Agassi, who struggled academically as a young student-athlete, now devotes his life to improving access to education for youth

Companies in the country have raised over $9 billion through IPOs this year, higher than the $7.42 billion raised in 2023, according to data compiled by LSEG

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The ongoing year will be the best period in terms of growth and profitability for Unacademy, the co-founder and CEO of the edtech company, which has laid off 250 employees, said on Wednesday. Amid claims that the edtech company is up for sale, Unacademy Co-Founder and CEO Gaurav Munjal in a social media post asserted that the management is building the company for the long run. "There is a lot being said about Unacademy currently. To set the record straight, Unacademy will have its best year in terms of growth and profitability. We also have many years of runway. We are building Unacademy for the long run," Munjal said on social media platform X. The company has laid off around 250 employees comprising 150 sales personnel who were asked to leave for not meeting performance criteria, according to sources privy to the development. A source said that the company had laid off only about 100 employees and they have been given severance packages while sales employees have to leave for no

Edtech firm Infinity Learn has increased focus on tapping 6th-12th grade students to expand user base following the government's restriction on physical coaching for those below 16 years, and the company expects to double revenue to Rs 400 crore this fiscal. Ujjwal Singh, Founding CEO of Infinity Learn by Sri Chaitanya, said the new rule that barred coaching centres from admitting students below 16 years has opened a new market for the company which already has a large user base of those preparing for all-India level engineering entrance exam JEE and medical entrance NEET. Singh said that the company expects to double revenue this fiscal to Rs 400 crore with expansion of its business both in India as well as overseas. "The new rule... is actually very helpful for us. Students can stay back home and attend online classes. We are addressing them. That is a new big market which has opened for years and this is the reason we have enhanced focus on grade 6-10," Singh said. The edtech fi

In a video interview, Amith Singhee talked about Research Lab's role and generative artificial intelligence (GenAI). Edited excerpts

In the new model, managers will have the role of mentors and not of taskmasters. Employees are encouraged to report any ill-treatment by managers directly to founder Byju Raveendran

A high-powered delegation of 31 provosts, vice provosts, deans, and other leaders from 17 top American universities are travelling to India next week as part of their goal to strengthen India-US collaboration and student and scholar mobility between the two countries. The delegation from the American universities will visit 26 institutions in New Delhi, Mumbai and Hyderabad. This visit gains significance in the wake of the recent spate in incidents of attacks on Indian students and those of Indian origin in various parts of the country. The delegation builds on recent years of US and Indian government-led efforts to partner in pursuit of mutually beneficial strategies. Last year, the president and prime minister from each country embarked on state visits to the other, affirming the US-India Comprehensive Global and Strategic Partnership, a media release said. We will have the opportunity to meet with 26 Indian institutions to talk about collaboration, mobility of students and scho

PW's revenue from operations rose to Rs 771.76 crore during the fiscal year ended March 2023, compared to Rs 232.47 crore in the previous fiscal year and Rs 24.6 crore in FY21

Responsible AI refers to the deployment and use of artificial intelligence technology in an ethical and safe manner

A decadal calendar of multiple such technology-powered goals for Amrit Kaal may be essential if Bharat is to realise the Prime Minister's vision of becoming a developed nation by 2047

The edtech firm is yet to file its FY22 results with Registrars of Companies and this delay has been a key concern among investors as well as the lenders

The multiple entry and exit system is being operated by western educational institutions quite effectively but Indian institutions are likely to face several issues in its implementation, a parliamentary panel has noted. The Parliamentary Standing Committee on Education, Women, Children, Youth and Sports, headed by Rajya Sabha MP Vivek Thakur, said in its report tabled in the Upper House last week that the institutions have not thought very clearly about this problem and how they will resolve it when it is at their doorstep. "New Education Policy (NEP) proposes multi-entry and multi-exit options for the students. While it looks like a flexible system, which is being operated by western education institutions quite effectively, Indian institutions are likely to face several issues in implementing this system. Due to high population, the estimated intake of students in higher education every year is quite high. "If institutions allow MEME (multiple entry and multiple exit), it would b

Edtech firm Infinity Learn by Shri Chaitanya has turned profitable in the second year of its operation, with revenue of over Rs 100 crore, a senior company official said on Thursday. Infinity Learn by Sri Chaitanya founding CEO Ujjwal Singh said the company expects Rs 500 crore in revenue by 2025 and over seven times growth in overall subscriber base to 5 crore. "In less than two years of commencing operations, we have turned profitable, and our topline has crossed Rs 100 crore. We aim to be a Rs 500 crore firm by 2025," Singh told PTI. Infinity Learn commenced operation in June 2021 and closed the first fiscal with a loss of Rs 37 crore. The edtech firm, at present, has a gross user base of 70 lakh, out of which 7.5 lakh are paid subscribers. Singh said the company has started three offline centres and plans to set up 40 centres by 2025. "Each of the centres will have the capacity to accommodate 2,500-3,000 learners," Singh said. Infinity Learn will scale up the integrated scho

Virtual assistants can slash the load for teachers; systems like Chat GPT can provide students personalised inputs

Some 22% of workers now fear that they could be sidelined by technology, up from 15% two years ago, says Gallup survey

UNESCO report suggests that excessive use of mobile phones is leading to reduced educational performance, with more screen time impacting the emotional stability of children negatively

Role of technology comes into play as educators look for fun ways to combat a perennial fear

A day after ED conducted searches, seizure action at premises of Byju's, the founder and CEO Raveendran said that the company has taken all efforts to comply with all applicable foreign exchange laws