This capital will further fuel our commitment towards global expansion as well as deeper India penetration, as we march forward with our goal of making India the teaching capital of the world.
The new EdTech venture will offer an end-to-end learning ecosystem, which will upskill and reskill the professional community in the country and strengthen the talent pool with industry-ready employees.
India Quotient has already funded close to 70 startups over the last eight years.
In terms of hiring, the company is looking at hiring 100+ additional talents over the next couple of years.
The report highlighted that Byju's raised the most capital in the last five years at $2.32 billion (latest valuation at $12 billion), followed by Unacademy at $354 million (valuation at $2 billion).
"With Sourav's association, we look forward to facilitating the shift towards online coaching, and empowering educators to mould many more leaders of tomorrow," Mukul Rustagi, Co-Founder, Classplus, said in a statement.
BYJU'S Give is part of "Education for All" initiative that endeavors to democratise education and provide five million underprivileged children across remote areas access to quality online learning opportunities by 2025.
Hyderabad: International Institute of Information Technology (IIIT) - Hyderabad, in collaboration with Great Learning, an EdTech company, has launched Post Graduate Certificate in Software...
Professore Ramesh Loganathan, director, AIC-IIIT-H said, “This is a great opportunity to highlight how technology incubators by supporting social enterprises can make not only economic
"We are delighted to lead this investment and partner with Byju and his impressive team of education technology pioneers in their mission to help children in India and around the world achieve their true potential."
“The COVID-19 pandemic has caused severe dislocations across markets, and with many countries under lockdown, economic activity has contracted significantly.”
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