Are cartelisation, regulatory failure led to high airfares? How does India's tutoring industry compare to the world? Are FDs a better bet over equities for next year? What is the NDRF? Answers here
Battered by a regulatory crackdown, China's multi-billion dollar private tutoring sector could seek to separate its business segments and bulk up non-academic tutoring as it tries to soften the blow
Online live tutoring platform Vedantu has seen significant growth in the number of users coming to the platform, and the company aims for its paid userbase to touch one million by March next year. Vedantu, which competes with players like Byju's, has also launched a national initiative - V.O.T.E (Vedantu Online Talent Exam) that will include an assessment exam for students of grades 5-12. "2020 and the pandemic has had a major impact on the industry and the company. This is the year when the category and the category awareness shot through. The challenge was around making parents aware and understand the format, and get them to trust the format because their default was to go to an offline tutoring or coaching centre," Vedantu Chief Executive Officer and co-founder Vamsi Krishna told PTI. He added that during COVID-induced lockdown, online classes were the only option. "This was a mega awareness-building episode and parents now know that this is a viable option. This year, we have
With this, Bjyu's, which is currently valued at around $11 billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space
Chinese parents are spending an average of $42,892 each year on their children's education, with 93 percent of them paying for private tuition