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INTERVIEW: betterU $BTRU.ca Discusses $100M Investment at $3USD / Share

Posted by AGORACOM-JC at 7:22 PM on Thursday, February 15th, 2018

betterU Education Corporation $BTRU.ca Scheduled to Launch National Marketing Campaign Across India During Prime Minister Trudeau’s State Visit $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 8:55 AM on Thursday, February 15th, 2018

Betteru large

  • Announced the completion of the first tranche of $1.25M from the $10M equity investment to be made by Hindustan Times over the next two years
  • Corporation will launch national marketing print campaign across India promoting betterU’s brand, courses, services as well as global partnerships.
  • Timing of the campaign is scheduled to coincide with Prime Minister Trudeau’s State visit

OTTAWA, Feb. 15, 2018 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), is pleased to announce the completion of the first tranche of $1.25M from the $10M equity investment to be made by Hindustan Times over the next two years into betterU subject to TSXV and board approvals at time of consumption. This private placement announcement was first announced on December 21, 2017.

Starting February 19th 2018, the Corporation will launch a national marketing print campaign across India promoting betterU’s brand, courses, services as well as global partnerships. The timing of the campaign is scheduled to coincide with Prime Minister Trudeau’s State visit. The launch during the state visit will enhance the exposure of betterU’s campaigns, increase awareness about Canada’s brand along with supporting Canada and India’s collective innovation towards education. The Corporation’s national campaigns will run daily across Hindustan Times (English print), Hindustan (Hindi print) and The Mint (Business print) for the duration of Prime Minister Trudeau’s visit and will continue on regular intervals for the foreseeable future. “Our team is excited that millions of people across India will learn more about what betterU has to offer and how we can help advance their careers, upgrade their skills, prepare them for job opportunities and so much more. Mass marketing is a critical part of our business and this step is the first to significant awareness and growth,” said Brad Loiselle, President and CEO betterU.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

On behalf of the Board of Director,
betterU Education Corp.
Brad Loiselle, CEO

For further information:

Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

betterU Education Corporation $BTRU.ca Signs Definitive Agreement and Provides Update on $100 Million Investment

Posted by AGORACOM-JC at 12:20 PM on Tuesday, February 13th, 2018

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  • Announced that on February 1st, 2018 Treasure Union Limited and the Corporation executed a definitive agreement
  • Definitive Agreement solidifies the terms and conditions required to complete the final details for the US$100M equity investment in betterU

OTTAWA, Feb. 13, 2018 — betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), is pleased to announced that on February 1st, 2018 Treasure Union Limited (“TU”) and the Corporation executed a definitive agreement (the “Definitive Agreement”). The Definitive Agreement solidifies the terms and conditions required to complete the final details for the US$100M equity investment in betterU, previously announced on November 3rd, 2017, November 24th, 2017 and January 16th 2018.

The Corporation would also like to provide an update on the timing for the delivery of funds and issuance of shares.

The Definitive Agreement includes several conditions precedent that are required to complete prior to closing. These include:

  • TU to Establish Cayman Island Fund. TU is establishing the fund to support the investment into betterU (the “Fund”). TU has confirmed that the name of the Fund will be ‘Cayman Island DGS Holdings’. They have also confirmed that the bankers of DGS Holdings will be HSBC. TU has further stated that it is expected that the process to establish the Fund will be completed by the end of February, early March 2018;
  • TUCapital. TU indicated that the Fund will establish several additional subsidiary companies to support their investment targeted companies, including betterU. A new corporation (“TUCapital”) will be incorporated by the Fund and will hold the shares of betterU.
  • Execution of Subscription Agreement. Once incorporated, TUCapital will execute a subscription agreement for 33,333,333 shares at US$3.00/share of betterU. Mr. Kenny Ho, currently the CFO of TU and the lead representative between the overseas investment group and betterU, will be appointed as the Chairman of TUCapital along with Mr. George Mueck as the President and CEO. Mr. Mueck is a Canadian businessman having worked closely with Mr.Ho for many years overseas as well as for several decades with Tony Keenan, betterU’s Chairman. Both individuals will have the authority to enter into the Subscription Agreement. This is expected to be completed by mid-March 2018;

Funds are expected to be available for issuing from the Fund to TUCapital between March 15th and the 31st and shortly afterwards to betterU. Only a date range for receipt of funds has been provided by TU to betterU. TU continues to manage the process between the Corporation and the Investor and does not have direct control over the funds until TUCapital has been established.

betterU continues to be optimistic in the closing timeframe of this equity investment deal and continues to advance its efforts in the hiring of key global leaders, office expansion, infrastructure set-up and much more to support their growth projections post funding.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

On behalf of the Board of Director,
betterU Education Corp.
Brad Loiselle, CEO

For further information:

Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

betterU $BTRU.ca Update on Proposed Equity Investment by Hindustan Times $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 1:06 PM on Monday, January 29th, 2018

Betteru large

  • Provides update regarding the proposed $1,250,000 equity investment by HT Overseas
  • Purchase of 3,205,128 common shares of the Corporation at $0.39 per share
  • HT has been working towards receiving all necessary approvals from India’s government authorities to complete the transfer of funds from India to Canada

OTTAWA, Jan. 29, 2018 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), is pleased to provide the following update regarding the proposed $1,250,000 equity investment by HT Overseas Pte. Ltd., a wholly owned subsidiary of HT Media Limited, (“HT”) for the purchase of 3,205,128 common shares of the Corporation at $0.39 per share (the “Private Placement”). The Private Placement and agreement with HT was previously announced on December 21, 2017.

HT has been working towards receiving all necessary approvals from India’s government authorities to complete the transfer of funds from India to Canada. The first of eight proposed tranches of Private Placement is expected to close on February 5, 2018.

About HT and HT Group

HT Group has built a Pan India reach via its various print, radio and digital properties.  The combined reach is an astonishing ~10% of Indian population.  In print alone, HT Group’s Hindustan Times (English medium); Hindustan (Hindi medium), Mint (English Business daily) give a combined readership of over 29.9 million.  This readership is multiplied significantly through HT’s radio channels (104 Fever and 107.2 Nasha) which have a dedicated audience of over 21.7 million in Delhi, Kolkata, UP, Bangalore, Chennai, Hyderabad and the Indo Gangetic belt.  This is further complemented by HT’s digital presence including hindustantimes.com; livehindustan.com; livehindustan.com; desimartini.com and shine.com.

Geographically, HT Group has the following reach:

  • In the West, HT is able to reach 7 million population in Mumbai through their highly recognised Brands in Print (HT/Mint), Radio (Fever/Nasha) & Digital
  • In the North, HT Group’s mediums directly touch “8 out of every 10” population in Delhi NCR.  Print readership of around 4.3 million complemented by leading radio channels such as 104 Fever and 107.2 (giving an additional audience of 8.1 million) makes HT Group a clear leader in the Delhi NCR region.

Hindustan Times is an Indian English-language daily newspaper founded in 1924 and the flagship publication of HT Media. Hindustan Times is one of the largest newspapers in India, by circulation. According to the Audit Bureau of Circulations and it has a circulation of 1.16 million copies as of November 2015. HT is one of the top most widely read English newspapers in India. It is popular in North India, with simultaneous editions from New Delhi, Mumbai, Kolkata, Lucknow, Patna, Ranchi and Chandigarh.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company’s vision is to help foster the equalization of education for all by bridging the prevailing gap in the education and job industry and enhance the lives of its learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

betterU Education Corp.
Brad Loiselle, CEO
On behalf of the Board of Directors

For further information:
Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

betterU Education Corporation $BTRU.ca Provides Update on $100 Million Investment $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 12:03 PM on Tuesday, January 16th, 2018

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  • Provides an update to the milestones previously announced by the Corporation on December 15th 2017 in regards to the closing of the US$100 million equity investment at US$3.00 / share
  • Fund to be set-up in the Cayman Islands by January 15th, 2018 is in progress to being completed

OTTAWA, Jan. 16, 2018 — betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), would like to provide an update to the milestones previously announced by the Corporation on December 15th 2017 in regards to the closing of the US$100 million equity investment at US$3.00 / share from an overseas private investment fund.

The Fund to be set-up in the Cayman Islands by January 15th, 2018 is in progress to being completed. betterU management received confirmation and further details from the investment group on January 3rd and again on January 9th 2018 that they are advancing with all milestones and will provide the Corporation with verification of account details and validation of Fund capacity upon completion. The Corporation is expecting completion of the process within the next couple of weeks.  Remaining actively involved with the investment group, betterU remains confident that the completion of all agreements and receipt of the funds will still be on or before March 15th, 2018.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

Investor contact:

Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

betterU Education Corp. $BTRU.ca Increases Core Leadership and Expands Global Footprint to Western Europe $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 9:21 AM on Monday, January 8th, 2018

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  • Begun the hiring of its key global leadership as part of the Corporation’s expansion plans and in preparation of the proposed US$100 million funding which the Corporation still expects to close on or before March 15th 2018
  • Mr. Stefan Strub has joined betterU on January 4th 2018 as the Director of Western Europe to support the Corporation’s access and growth to Western Europe’s education, corporate, employment and government partnerships

OTTAWA, Ontario, Jan. 08, 2018 – betterU Education Corp. (the “Corporation” or “betterU”) is pleased to announce that it has begun the hiring of its key global leadership as part of the Corporation’s expansion plans and in preparation of the proposed US$100 million funding which the Corporation still expects to close on or before March 15th 2018.  Mr. Stefan Strub has joined betterU on January 4th 2018 as the Director of Western Europe to support the Corporation’s access and growth to Western Europe’s education, corporate, employment and government partnerships. Mr. Strub will operate in Switzerland and report to betterU’s President and CEO until the Corporation has completed the recruitment process for their Chief Operating Officer which is also expected to be completed by February 2018.

Mr. Strub has extensive experience in management and business development with a spark for entrepreneurship. He holds a Master’s degree in Banking & Finance from the University of St. Gallen and a Bachelor in Economics & Business Administration from the University of Zurich, Switzerland. For the last 6 years he has worked in the financial services industry and has a successful track record in leading both strategy development & executing on projects in various countries across Europe, Asia, the Americas and the Middle East. “I am always on the lookout for good talent having both intellectual and emotional intelligence, hardworking, pleasant to work with and of course has a passion to make a difference in people’s lives. Building a business such as betterU requires dedication and strategic thinkers who are passionate every day. I knew the first time I met Stefan that he had the qualities to not only fit within our culture, but also help us grow our partnerships in Western Europe,” said Brad Loiselle, President and CEO of betterU.

Having the right leaders in place to support resource acquisition and management is critical and Mr. Strub is part of this support. Upon completion of the funding, over the course of 2018, the Corporation plans to hire several hundred additional resources which would include:

  • resources for the expansion of their Canadian head office’s core IT, financial, M&A, brand, creative, global management and governance teams.
  • resources across the USA, Europe and Australia focused on partnership development to support betterU’s marketplace services.
  • resources in India to support the maintenance and growth of betterU’s marketplace, additional Ed-Tech initiatives, national marketing campaigns, business development, operations and overall to provide global support services.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company’s vision is to help foster the equalization of education for all by bridging the prevailing gap in the education and job industry and enhance the lives of its learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

On behalf of the Board of Director,
better Education Corp.
Brad Loiselle, CEO

For further information:

Gurinder Sandhu
Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

Technology can bridge the gap in our broken #education system #India #edtech $BTRU.ca $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 2:49 PM on Wednesday, January 3rd, 2018
  • The last three years have witnessed a paradigm-shift when it comes to the K-12 education space in India all thanks to the advent of new technology.
  • India’s online education industry is expected to grow almost eight times to $1.96 billion by 2021,
  • Number of paid users estimated to rise as high as 9.6 million

Toppr currently has over 2 million registered students in classes 5th to 12th

This has also attracted high volume investment into India’s online education industry with millions of dollars being poured into personalised e-learning startups.

Can technology reform public education in India?

Many of these ed-tech startups are not just focused on building a successful business, but are trying to address a serious problem that has been fundamental to the progress of our nation. Power technology startups, such as Toppr, are trying to bridge the gaps in our broken public education system, as India is ranked 92 in education among 145 countries, according to Legatum Prosperity Index.

“Through the application of machine learning, it has opened up transformative possibilities to personalize learning in a country with over 315 million students, and a skewed student-teacher ratio. With the government’s aid, it can further bridge the gaps in the public education, and considerably improve its health,” said Zishaan Hayath co-founder and CEO of Mumbai based e-learning startup Toppr in an exclusive interaction with PCMag India.

E-learning is also effectively democratic in that it levels the plane for learners from diverse social backgrounds. “With deepening internet penetration, the apps will enable a massive student community to study at their own pace, and in their own unique styles,” Hayath added.

Toppr was founded in 2013 by two IIT alumni Zishaan Hayath and Hemanth Goteti. They are now pursuing an aggressive expansion, projecting exponential growth expecting to take revenue to over $500 million by 2021.

Challenging legacy institutions

With a reward of hundreds of million dollars, the ed-tech industry is facing a cut-throat competition. Gone are the days when a retired teacher or professor could just walk in, rent a classroom and create a coaching center, which used to be a very lucrative business.

According to Zishaan Hayath, “Taking the digital DNA to the Indian education sector has been an extremely rewarding journey for us. Our objective is to revolutionise after-school learning through a platform that analyses and monitors both students’ strengths and weaknesses.”

Startups such as Toppr have been putting a lot of thought into their product by identifying the right needs of modern-day students and aspiration of current middle-class parents, unlike the legacy after-school tuition centers and coaching classes.

“Our biggest challenge was establishing a strong product-market fit. We know that the most valuable currency in a student’s life is time – irrespective of background, the medium of instruction or location. They must, hence, commit their time to the right learning tool,” Zishaan explained the initial challenges Toppr faced. “Our challenge, then, was to build trust within the student community by establishing a strong product-market fit. We had to demonstrate that the app was worth their time,” he added.

However, established institutions based on the traditional classroom business model are aware of the threat startups are bringing and they have been on the verge of digital transition as well.

“The companies currently in the online education space are of two kinds. The first is trying to leverage the internet for their conventional business models. These companies typically talk about content distribution and teacher pedigree. They look at technology as a means to user acquisition and delivering content,” Zishaan explaining the current trend in ed-tech space.

“The second set of companies is applying technology to solve specific problems that conventional methods and resources cannot tackle. They think of technology as the enabler and the internet as a platform centered around solving students’ problems,” he added.

“Toppr is distinctly in the second set with exceptional technology pedigree applied to rethinking education. This is a complex, long-term process, so we are not too worried about the crowding of online-learning offerings,” says Zishaan Hayath.

Responding to the aspirations of tier 2 and tier 3 cities

 

In recent years top colleges and academic institutions across the country have been demanding higher cut-off marks. It was not so long ago that Delhi University demanded a full score of 100 percent as cut off, a result of higher competition and demand.

This trend has put significant pressure on the students and their parents, especially in tier 2 and tier 3 cities and towns where there is a significant lack of quality after-school coaching and tuition centers. And for them, apps such as Toppr offers much-needed help.

“The vision is to penetrate deeper into the heart of India and cater to the varying learning styles of all young learners in the near future,” said Zishaan Hayath.

“While anyone across the country can download the app, the company has dedicated regional counseling teams in over 15 cities including Mumbai, Delhi, Bangalore, Hyderabad, Pune, Kota, Jaipur, Nagpur, Vijayawada, Ahmedabad, Bhopal, Indore, Chennai, Gurugram, Baroda, and Lucknow. We should reach another 15 in the coming months, and the impact is becoming increasingly visible,” Zishan added.

In recent months Toppr raised over $6.92 million dollars from investors such as AIF Partners, Helion Ventures, and FIL Capital Management, bringing the numbers to a total of $18.5 million.

Source: http://in.pcmag.com/edtech/118190/feature/technology-can-bridge-the-gap-in-our-broken-education-system

betterU Education Corp. $BTRU.ca Signs Definitive Agreement With Swift e-Learning Services Pvt Ltd. Launching an e-Template Marketplace to Support India’s Content Development Requirements $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 1:21 PM on Saturday, December 30th, 2017

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  • Entered into a five-year partnership agreement with Swift eLearning Services Pvt. Ltd
  • Partnership will support SWIFT in managing an online e-template marketplace which will include both betterU and SWIFT’s library of hundreds of online content development e-templates created over the last several years

OTTAWA, Dec. 30, 2017 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”) has entered into a five-year partnership agreement with Swift eLearning Services Pvt. Ltd (“SWIFT”), an Indian e-learning development services company. The partnership will support SWIFT in managing an online e-template marketplace which will include both betterU and SWIFT’s library of hundreds of online content development e-templates created over the last several years. These e-templates were created to support developers in the constructing of online courses to make development work more efficient and affordable while improving quality. The e-templates will be supported as well on betterU’s global education marketplace, sold in bundles including predeveloped, predesigned, animated course structures, lesson pages, assessments, learning games, interactivities and much more supporting the top global authoring tools.

The development of the e-template library started several years ago after Brad Loiselle, CEO of betterU connected with the CEO of SWIFT to discuss his vision for the automation of course development work. Today, betterU and SWIFT are ready to move forward with the advancement of their efforts.  To learn more about these efforts and around the advancement of the e-template opportunity for emerging markets, please read the following article – https://www.linkedin.com/pulse/streamlining-online-content-development-emerging-markets-loiselle/

Emerging markets such as India are in high demand for the development of quality online content. A countless number of Corporations, government and educational institutions are turning to e-learning development companies to help advance and transform their content online. Through betterU and SWIFT’s libraries of resources, this partnership will help advance the country’s efforts while saving them time and money.  As betterU is focused on the education-to-employment ecosystem, quality content availability for training of employees and the market is an important part for supporting the education system.  “When we first approached SWIFT several years ago about our plans for the development of an e-template library, I was excited to see their level of interest in supporting us. Their contributions over the years have advanced this library to now include hundreds of additional e-templates making our library one of the largest available in India,” said Brad Loiselle, president and CEO of betterU.

More about SWIFT

Swift eLearning Services Pvt. Ltd., is a custom eLearning service provider with a blend of technical and subject matter expertise that caters to the specific needs of the training. Their services include: Custom Courseware Development, Rapid e-learning tools, Translations and localizations.

Visit e-templates at:  http://elearningtemplates.swiftelearningservices.com/

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company’s vision is to help foster the equalization of education for all by bridging the prevailing gap in the education and job industry and enhance the lives of its learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

On behalf of the Board of Director,
better Education Corp.
Brad Loiselle, CEO

For further information:

Gurinder Sandhu
Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

The Future Of #Education In In#dia Heavily Relies Upon Online Learning $BTRU $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 9:37 AM on Friday, December 29th, 2017
  • To stay relevant in the internet age, there is an increased focus on continuous re-skilling
  • Globally, the dynamic landscape of e-learning is evolving at a tremendous pace
  • The rising utilisation of mobile gadgets and devices are driving up the demand for e-learning

With a lot of focus on e-learning, ed-tech has gained much prominence. Ashwin Damera, Executive Director of Emeritus Institute of Management talks about relevance in digital age, new developments in education system and digital learning. Edited Excerpts:

To stay relevant in the internet age, there is an increased focus on continuous re-skilling. What are your views on this?

The increasing rate of technological innovations and industry disruptions caused by it has led the organisations and executives to seek and focus on re-skilling opportunities. Digital disruptions in traditional sectors like banking, IT and retail have given rise to new opportunities; along with the need for working professionals to up-skill themselves. A recent survey conducted by Emeritus found that over 50 percent of executives who seek re-skilling opportunities have over 15 years of experience. Thus further emphasizing that re-skilling is the key area of focus for organizations and professionals.

How e-learning is getting its sheen back?

E-Learning received a boost from technological advancements such as interactive videos, micro learning, social interaction, live teaching and mobile learning. Furthermore, adoption of technologies such as VR (Virtual Reality), gamification and AI (Artificial Intelligence) will offer higher engagement and deeper, interactive learning experience for participants.

How govt. push for digital learning will further accentuate the growth of e-learning in India?

Digital Initiatives like Digital India, Make in India and Skill India have signaled the intent by the government to transform India into a knowledge economy. Furthermore, the Ministry of Electronics & Information Technology have identified e-learning as an area of focus with the objective to develop tools and technologies to promote it. These initiatives underline the government’s ambition to promote e-learning. As half of the population is under the age of 25 and the number of internet users expected to reach 500 million, the future of education in India heavily relies upon online learning. Thus the push for digital learning will strengthen the e-learning ecosystem.

What are the new developments taking place in the industry?

Globally, the dynamic landscape of e-learning is evolving at a tremendous pace. The rising utilisation of mobile gadgets and devices are driving up the demand for e-learning. Today, the popular e-learning trends are mobile learning, micro learning, Virtual Reality, Gamification and AI; while the trending e-learning themes revolve around technical and soft skills, leadership development, compliance and business acumen.

How AI is been used in the system?

Artificial Intelligence (AI) in e-learning is still at a nascent stage, but has immense potential to address the numerous e-learning challenges. Some of the applications of AI in e-learning include adaptive learning (using AI to adapt to the learners goals, needs and preferences) and chatbots (interacting with learners in a human-like manner). AI will definitely have a bigger part to play within the e-learning space in the coming years.

How Emeritus is helping the Indian education system?

Traditional classroom-based learning forms an integral part of the Indian education system – and it is losing out to the increasing internet access and adoption. This method of learning cannot be updated real-time and thus fails to deliver knowledge and skills relevant in our fast-paced, dynamic professional world. At Emeritus, we develop programs focusing on the learning themes applicable in our professional environment. Emeritus offers management education programmes in collaboration with three top-ranked global business schools, MIT Sloan Executive Education, Columbia Business School Executive Education and Tuck Executive Education at Dartmouth College.

Source: http://businessworld.in/article/The-Future-Of-Education-In-India-Heavily-Relies-Upon-Online-Learning-Ashwin-Damera-Executive-Director-Emeritus-Institute-of-Management/18-12-2017-135031/

betterU $BTRU to Launch an Education #Blockchain Ecosystem Project as Part of the Corporation’s 2018 Growth Strategies $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 11:27 AM on Wednesday, December 27th, 2017

Betteru large

  • Developed a strategy that will pioneer the advancement of an education blockchain ecosystem starting early 2018, linking to the Corporation’s global education marketplace for emerging markets
  • betterU’s vision has been to equalize education for emerging markets such as India by providing access to the top global educators and institutions, supporting opportunities from education to employment

OTTAWA, Ontario, Dec. 27, 2017- betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), is pleased to announce that it has developed a strategy that will pioneer the advancement of an education blockchain ecosystem starting early 2018, linking to the Corporation’s global education marketplace for emerging markets.

The development of the strategy comes after months of research and the further understanding of the advancement that blockchain technology can provide to the education industry. betterU’s vision has been to equalize education for emerging markets such as India by providing access to the top global educators and institutions, supporting opportunities from education to employment. The following article, written by the CEO of betterU provides insights into the potential that blockchain can provide for the advancement of global opportunities. These insights form the thinking around betterU’s strategies for the advancements of their education blockchain ecosystem.

Article: Thinking Through an Education Blockchain Ecosystem
https://www.linkedin.com/pulse/thinking-through-education-blockchain-ecosystem-brad-loiselle/

The equalization of education isn’t just about being able to provide access to the same education to everyone everywhere, it’s also about being able to rationalize that everyone should have the same opportunities despite where they received their education or where they reside. The acceptance and validation of their credentials on a global scale is a requirement for equalization. “Blockchain enables transparency and with the involvement of globally trusted partners, we will be able to help advance the credibility and validation for all individuals, taking us that much closer to achieving our vision,” said Brad Loiselle, President and CEO of betterU.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company’s vision is to help foster the equalization of education for all by bridging the prevailing gap in the education and job industry and enhance the lives of its learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

Brad Loiselle
President and CEO
1-613-695-4100 Ext. 233
Email: ir@betteru.ca

Investor contact:

Gurinder Sandhu
Investor Relations
1-613-695-4100 Ext. 233
Email: ir@betteru.ca