Series C funding round led by Westbridge Capital with participation from existing investor Elevar Equity
In FY20, the company posted a revenue of Rs 2,800 crore ($370 million), a 100 per cent growth over the previous fiscal.
The deal is the biggest in the Indian edtech sector by far
Byju's has bought the company for $300 million according to DC Advisory (DC), which acted as the exclusive financial advisor to WhiteHat Jr on its sale to the Bengaluru-based education technology firm
He talks about the latest trends, initiatives and the fallout of the pandemic
Edtech firms like Toppr are also willing to join the bandwagon by assisting the government in education through digital and TV medium
CRISIL's interactions show that most players, even SMEs, have managed to reach students amid the lockdown by switching to online channels.
How Lucknow's City Montessori Schools managed to offer comprehensive online education to its 57,000 students during the Covid-19 crisis
Online education is not so easy as speaking into the microphone at one end, and connecting a laptop and listening in on the other; there are challenges faced at both ends of the spectrum
The size of India's ed-tech software market is estimated to touch $2 billion by 2021
Students are reaching places even without being hired
Launched three digital initiatives- Swayam, Swayam Prabha, National Academic Depository
A national depository would be set up to store digital versions of verified educational records
Initiatives will increase Gross Enrolment Ratio in higher education - 24.5 (2015-16) to 30 (2020)