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#Coronavirus: How tech companies are fighting against the pandemic – #Edtech brands step in – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 12:16 PM on Monday, March 30th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Coronavirus: How tech companies are fighting against the pandemic – Edtech brands step in

  • The Coronavirus pandemic has tech players helping in key areas including donating essential equipment, providing cloud solutions, filling in for shut down schools and everything in between.

By: Chetan Nayak

At this point in time, neither the Coronavirus nor the damage it has done to the world needs an introduction. Affecting over 190 countries around the world, the pandemic has brought most industries to a complete standstill. In countries like Italy, Spain and the USA, everything but essential services is on hold. A similar situation has recently hit India.

However, despite the global slowdown, there are brands that are still working. Working not just in their respective fields, but in new avenues, aiming to curb the disease or help those fighting against it. Tech brands across the globe are using their resources for the greater cause. Let’s have a closer look at how companies are making a difference in India.

Smartphone brands to the rescue

Smartphone brands probably have a closer connect with the public than other tech companies. Popular brands like Xiaomi and Vivo have taken steps to improve the ongoing situation in India. Vivo recently donated a large number of N95 masks for doctors and healthcare professionals. Xiaomi went ahead and also provided hazmat suits to the brave doctors who deal with many coronavirus patients on a daily basis. Oppo also announced recently that it has donated 300,000 masks to affected countries apart from China.

Customers in need not abandoned

There are also companies that are extending their warranties and customer-centric services through the lockdown period in India. Brands like Oppo, OnePlus, Realme and Huawei have extended their warranties. Moreover, despite manpower hitting an all-time low, brands are continuing to offer real-time support via email, chat and more. Service centers are still running, and brands are adopting measures like only taking in four customers at a time. Huawei is also providing doorstep repair services for users of the Huawei Watch GT series in India.

There are also leaders who are using their resources to help countries in need. For instance, Alibaba founder Jack Ma sent out a shipment of 1 million masks and 500,000 coronavirus testing kits. The billionaire recently took to Twitter to let people know that the first shipment was on its way to the USA. The Jack Ma foundation also announced in January that it will donate 100 million yuan ($14 million) to support the research and development of a coronavirus vaccine.

Cloud computing – The pandemic’s unsung heroes?

Most countries depend on various websites to keep things running. These include e-commerce platforms that are on war-footing, delivering groceries and other essential items. There are also OTT platforms including Netflix and Amazon Prime Video that people are using at a much higher rate due to them staying at home. Most of these websites and domains are running efficiently and catering to a large population like that of India because of well-run cloud computing.

Players like Google Cloud, Amazon Web Services (AWS) and Microsoft Azure are making the shift from personal to virtual possible. “We have taken measures to prepare and we are confident we will be able to meet customer demands for capacity in response to COVID-19,” said an AWS spokesperson to CRN. Microsoft meanwhile is prioritizing its cloud services to first responders and emergency services. This means that even if the scale of the Coronavirus pandemic grows larger, Microsoft has partnered with governments across the world to support critical infrastructure and emergency management services on priority.

Google is prepared, should Coronavirus make things worse

Meanwhile, Google also has been prepared for unseen circumstances like these. In a recent Google Cloud blog post, the company mentioned that “peak traffic to Google services including cloud, increased by up to 16 percent between February 10 and March 16 in Europe”. Further, it also mentioned that despite the shift from enterprise-grade office networks to people’s personal networks, the company has surplus computational resources. As per the post, in locations like the US, Google is utilizing only 25 percent to 33 percent of its total capacity during peak hours during the Coronavirus pandemic. That still leaves 75 percent to 66 percent of resources to allocate in these regions.

How are e-commerce players in India keeping up

Since March 24, Amazon and Flipkart, India’s largest online retailers, restricted customers from placing orders. Amazon mentioned that it would prioritize the delivery of ‘critical’ items like household staples, packaged food, healthcare, hygiene, and personal safety products. “This also means that we have to temporarily stop taking orders, and disable shipments, for lower-priority products,” wrote the company in a blog post.

Many Amazon customers also reported that their ‘non-essential‘ orders placed before March 24 were canceled as well. Meanwhile, Flipkart started the Coronavirus lockdown by ceasing all operations. It later started operating after a few hours only for grocery and essentials deliveries.

Edtech brands step in

Back in November 2016, digital payments became mainstream in India over the course of a single night. That was the consequence of India’s Demonetisation. Now, popular Edtech platforms in India are temporarily filling in for schools. Taking the opportunity, Edtech platforms Byju’s made all its learning platforms free till April end. Applicable for students from class 1 to 12, the platform will help kids stay on track with the syllabus.

Rival Toppr also offered free access to its live, video classes for school kids till March 31. The company also said that free sessions will be further extended if schools can’t reopen after March. Meanwhile, Unacademy announced 20,000 free live classes for people preparing for various entrance exams. “We want learners to utilize this time…We will support the education system in every way possible to weather the storm,” said Gaurav Munjal, co-founder, and CEO of Unacademy.

Source: https://www.bgr.in/news/coronavirus-how-tech-companies-are-fighting-against-the-pandemic-from-all-fronts-883066/

What Indian #Edtech Leaders Are Saying About #COVID19 Pandemic – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 12:13 PM on Friday, March 27th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

What Indian Edtech Leaders Are Saying About COVID-19 Pandemic

  • Employees of most IT companies have been directed to work from home
  • Furthermore, many of these organizations have taken various initiatives to extend their support to employees who have been struck by this pandemic

Sameer Balaganur

India has been going through a difficult time. COVID-19 has proven to be a bigger problem than what anyone could have anticipated. The pandemic has been spreading at an alarming rate and has impacted everything – from people’s daily lives, to operations in various industries.

Employees of most IT companies have been directed to work from home. Furthermore, many of these organizations have taken various initiatives to extend their support to employees who have been struck by this pandemic.

Here are some of these initiatives led by business leaders as they get together to combat this disease collectively:

Vijay Shekar Sharma, Founder of Paytm

Vijay Shekar Sharma has pledged Rs 50 million for any medical innovation related to COVID-19. His company has also launched an ‘India Fights Corona’ campaign in partnership with consumer goods company Hindustan Unilever’s Lifebuoy and Yuvraj Singh’s YouWeCan Foundation. Paytm also plans to distribute one million soaps to those affected.

Paytm users can contribute to the ‘Donation’ section in the app, or on the website. Innovators, research teams and doctors can also reach the company for support at [email protected]. Sridhar Vembu, Founder of Zoho

Sridhar Vembu recently announced a Small Business Emergency Subscription Assistance Program. The plan is to waive three months’ fee for software that small businesses have already been using. This move will benefit 20,000 of its existing customers who have 25 or fewer employees. These small businesses will get a Zoho Wallet credit, which will be equivalent to three months of their bill, and the business owners can choose to use the wallet credits as they deem fit.

In addition to these efforts, Zoho is providing free access to its Zoho Remotely suite of web and mobile apps to offer remote working options for all businesses until July 1, 2020. This includes a set of 11 apps which provide services like document management and video conferencing, among others.

“You will see the impact on guidance and revenue growth (by Indian IT companies) for next year. Next year, growth is going to be very challenging for the Indian IT services industry.”

Ex-CFO, Infosys Ltd V Balakrishnan in an interview.

Byju Raveendran, Founder of Byju’s

The popular edtech firm’s flagship app – Byju’s – will have free access for users, and the offer stands until the end of April. It will offer math and science lessons suitable for children from grades 2-4, along with Disney Byju’s Early Learn app that offers math and English lessons for students from grades 1-3. This app could help thousands of students who have been stuck at home without the guidance of teachers.

Manoj Bubna, Gautam Gurtoo & Biren Shah (Nitrogen founders)

Nitrogen is a Mumbai-based SaaS company that announced free use of its digital platform for three months for hospitals, grocery outlets and pharmacies. The founders believe that the three industries – healthcare, consumer products and pharma – could face a lot of traffic during the 21-day lockdown. It can help websites handle peak traffic and strengthen their security. “The IT sector may see some indirect impact in the medium to long term as some of the clients have exposure to manufacturing in China.”

Pravin Rao, NASSCOM vice-chairman, as well as COO of Infosys in an interview

Mukesh Ambani, MD of Reliance Industries 

Although not necessarily considered a tech leader, Ambani has announced a multi-pronged plan that involves prevention, mitigation and ongoing support related activities to stem the spread of COVID-19. His foundation has set up India’s first dedicated COVID-19 centre with 100 beds and a fully equipped isolation facility in Lodhivali, Maharashtra. As far as tech is concerned, the company’s telecom arm has increased its data limits for its existing broadband users and waived charges for new ones.  

With Jio Haptik Technologies, the company’s digital unit has also built a chatbot for free. This chatbot is built for Government functionaries and is called MyGov Corona Helpdesk. The bot is created to answer questions around the pandemic and provide accurate information to curb false news. 

Outlook 

As India battles COVID-19, there has been an extended lockdown for the entire country. This pandemic has disrupted all industries. Moreover, many analysts say that these companies might not be able to recover from the impact for many months to come.

The pandemic has put the IT sector’s ability to deliver services on-site to test, and that is why the majority of them have been moving towards working remotely. Many believe that this will cause a recession that could be worse than 2008 one if the pandemic is not brought under control fast.

Source: https://analyticsindiamag.com/what-indian-tech-leaders-are-saying-about-covid-19-pandemic/

#Coronavirus: Students Flock To Online Learning #Edtech Amid Lockdowns – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 5:44 PM on Tuesday, March 24th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

Coronavirus: Students Flock To Online Learning Amid Lockdowns

By: Debroop Roy

  • With edtech start-ups such as Byju’s and Toppr coming up with free learning courses and modules to help students during the pandemic, engagement numbers of these online platforms have seen a massive surge

As the coronavirus disease (COVID-19) outbreak has resulted in lockdowns across states in India, students and institutions too have seen a disruption in their learning. While schools, colleges and other educational places were among the first to be asked to shut down, several boards have since taken the decision to postpone examinations.

At such a time, several start-ups that use technology to bring quality education to students across the country, and around the world, have come up with free courses to help learners and teachers through the crisis.

Massive Surge In Numbers

Edtech Unicorn Byju’s was among the first few to take the initiative and provide free access to all of the company’s learning programmes till the end of April. “Since our announcement last week, we have witnessed a 60 per cent increase in the number of new students using the app to learn from home daily,” said Divya Gokulnath, co-founder of the Bengaluru-based company.

Gokulnath said the number of queries from students and parents for home learning programmes had more than doubled in the last week with learners across metropolitan and non-metropolitan cities increasingly using the app. She added that while students with year-end exams were using video lessons to revise crucial concepts, younger grade students are learning new concepts to prepare for the next year’s curriculum.

“We have seen a 124 per cent increase in student engagement on our platform amid the coronavirus outbreak,”  said Anant Goyal, founder at Bright Tutee, a platform that offers video lectures for 18 state boards.

Mumbai-based Toppr, a learning platform spanning across the K12 and competitive exam verticals, has made all live classes free till schools resume. Separately, on demand learning videos are available as a free learning resource on the app.

The company has seen massive growth in engagement over the last few weeks, according to co-founder Zishaan Hayath. There has been a 100 per cent growth in free user engagement over the last month while the time spent across modules has risen more than 50 per cent, with the highest growth seen for Ask Doubts.

Specifically for live classes, subscribers have grown by 50 per cent as well. In terms of age groups, he said that growth in time spent by students of senior classes (10-12) had been double that of those in junior classes (6-9).

Another edtech start-up Gradeup too has found numbers increasing since launching free live classes for students between grade 8 and 12.

The free classes launched have a “focus on topics that are covered during the first 2 months of school…parents want their children to utilise this time, and an offer like this fits very well. Since this is the period when the new session begins, it makes sense to cover the topics taught in the first two months of school,” said Gradeup co-founder Shobhit Bhatnagar.

Bhatnagar added that while there has been a spike across segments, ranging between 25 and 40 per cent, it was especially true for aspirants of competitive exams such as JEE and NEET.

Across Verticals

This surge in online learning is not, however, limited to these.

Testbook, a start-up that provides an online learning platform for government job aspirants, on Friday announced that it was making all courses free to use for the next few days. According to co-founder Ashutosh Kumar, the company saw 250,000 transactions in the first 48 hours, which compares to 300-400 transactions on any normal day. 41.7 per cent of the users registering for courses were first timers.

Similarly, professional courses platform Great Learning has seen increased traction since launching its free of cost learning resource.

“We are receiving tens of 1000s of visitors daily on free learning resources; content consumption for our learning programs is seeing a 3x increase week on week,” said Great Learning co-founder Hari Krishnan Nair. Most of the surge was coming from metro cities such as Bengaluru, Mumbai, Chennai, Hyderabad and Delhi.

Source: https://www.entrepreneur.com/article/348112

Lido Learning #Edtech pulls in 25% new organic users amid #Covid19 SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 12:10 PM on Monday, March 23rd, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

Lido Learning pulls in 25% new organic users amid Covid-19

  • Platform has observed 25% new organic users visiting the website daily since the beginning of March as well as a 2x pull in acceptability and adaptability of users
  • Company has also initiated a new outreach model which will provide additional data in terms of quantifying demand

Delhi: Online tutoring platform Lido Learning is gaining immense traction with students becoming more digitally inclined amid the social distancing period. Catering to the K-12 market for students from Class 5-9, Lido offers classes in Math, Science and English. The platform has observed 25% new organic users visiting the website daily since the beginning of March as well as a 2x pull in acceptability and adaptability of users. The company has also initiated a new outreach model which will provide additional data in terms of quantifying demand.

While schools, workplaces and even recreational centres have been shut down with immediate effect, EdTech companies have filled the education gap for students seamlessly. Hence, students as well as parents are steering towards digital platforms to bridge the learning gap.

Continuous learning is imperative for a child’s holistic development and therefore Lido Learning is a no-brainer solution for students to continue building upon their skills while also staying safe and practising social distancing.

While individualized attention towards every student is the need of the hour, Lido Learning has always ensured that the teacher-student ratio is always 1:6, ensuring that each of their academic progress is monitored and built upon individually.

With the Government also promoting online education in recent announcements, Lido Learning aims to deliver the best learning experience for each student with state-of-the-art technology, engaging content involving quizzes and games, coupled with highly-qualified faculty.

Source: https://indiaeducationdiary.in/lido-learning-pulls-in-25-new-organic-users-amid-covid-19/

betterU $BTRU.ca / Ottolearn launch FREE #COVID19 mobile resource toolkit to fight the global crisis $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 4:17 PM on Friday, March 20th, 2020
  • Announced the launch of a curated COVID-19 Resource Toolkit to help support individuals, employees, employers and governments in managing this crisis by providing access to relevant, current and critical global information
  • Over the last several weeks, betterU doubled down their efforts in the development of the COVID-19 Resource Toolkit

OTTAWA, March 20, 2020  — betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU”) is pleased to announce the launch of a curated COVID-19 Resource Toolkit to help support individuals, employees, employers and governments in managing this crisis by providing access to relevant, current and critical global information.

The speed in which COVID-19 has hit the world, closing businesses, cities and countries, has created a global panic and confusion that has only been compounded by the wave of both social media and the sensationalism of the media. betterU who is focused on education realized that their recently launched SaaS Mobile Enterprise solution, Ready-To-Go, could be adapted to help support the world by curating global content into one source application that could be made available instantly across the world in up to 20 languages. Please visit https://readytogo.betteru.ca/ to start the process of downloading the app and getting access to your COVID-19 Resource Toolkit.

Over the last several weeks, betterU doubled down their efforts in the development of the COVID-19 Resource Toolkit. The Company added modules into Ready-To-Go that comprised of content, links, fact sheets, PDFs, videos and graphics to support detailed information on the virus, live updates, risks of infection, symptoms and treatments, how to prepare, proper hygiene, self-isolation, managing anxiety and stress, travel advice, information for children, vulnerable populations, myths and questions and more! The information has been curated only from reliable sources such as the World Health Organization (WHO), Centre for Disease and Protection (CDC), the Canadian Government, many medical professional and leading global experts.

In addition to critical information about the virus, betterU has reached out to many of their global educators and partners for assistance in being able to provide their technology and learning programs that could support a free solution supporting people now working from home, to help deal with financial management, their home working environment, support risks and fear management, effective communication virtually and much more. The goal is to provide a fully comprehensive resource toolkit that provides an all-in-one solution that informs, supports and helps advance personal and business successes in a time of critical need.

“When betterU approached us about working together on this important issue, we had already been thinking about the how we could create something similar, so it was a no brainer for us to join betterU’s efforts. Our customers, their employees and their families are very important to us and we are working hard to support them all in this time of need.” Said Dan Belhassen, President of Neovation Learning Solutions – creators of the OttoLearn Agile Microlearning platform (Ottolearn.com)

betterU, Ottolearn and their education partners are providing these services and content for free to ensure we can help everyone, everywhere. betterU is continuing its efforts to bring together global educators, influencers and more to help support the world.

“These times are not easy, and we are all facing our own challenges. We need to come together as a community, a country and a world to support each other the best we can. This is what we thought could help, and while we know it is not enough, we hope it does support you.” Said Brad Loiselle, President and CEO of betterU.

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end solution leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales.

betterU has integrated into its platform the content, technology and support for tailored skills assessments, learning pathways and training modules from 100+ of the world’s leading online education providers. betterU’s eco-system includes detailed job, skill, employer, and educational profiles spanning 3,000+ standardized jobs. betterU’s integrated platform is the most efficient solution to address evolving skilling challenges for employers and employees through the employment lifecycle from entry level to executive. We don’t sell content, we help build better people.

For more information, please visit https://corporate.betteru.ca, https://readytogo.betteru.ca/

Contact:

Brad Loiselle, CEO
[email protected]
1-613-695-4100

betterU Education Corp.
Investor Relations
Email: [email protected]

About Neovation Learning Solutions

Led by award-winning Winnipeg entrepreneur Dan Belhassen, the Neovation Learning Solutions team is committed to providing over 500 clients worldwide (representing nearly a million learners) with “best-in class” L&D services. Clients reap the benefits of Neovation’s leading-edge software platforms (SmarterU.com and OttoLearn.com) and content creation services (Flarelearning.com.) Since 2012, Neovation has built a diverse and growing team of software developers, instructional and graphic designers, client care specialists and a sales and marketing team united with one purpose – to make learning magical for their clients. OttoLearn.com is Neovation’s agile microlearning platform that delivers knowledge retention and learner engagement to help companies improve their training KPIs.

Media Contact: Dan Belhassen, President, Neovation Learning Solutions
https://www.neovation.com/  or https://www.ottolearn.com/
[email protected]  – 204-594-1341 (x201) – Mobile: 204-955-8038

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa810f37-d751-4d4f-b9ff-73f0e0a6b6e5

betterU’s Ready-To-Go COVID-19 Resource Toolkit

COVID-19 Resource Toolkit is comprised of content, links, fact sheets, PDFs, videos and graphics to support detailed information on the virus, live updates, risks of infection, symptoms and treatments, how to prepare, proper hygiene, self-isolation, managing anxiety and stress, travel advice, information for children, vulnerable populations, myths and questions and courses with more to come.

Focus On Survival Amid #Coronavirus: Lightspeed’s Lessons From #China For #Indian Startup Founders – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 1:57 PM on Thursday, March 19th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

Focus On Survival Amid Coronavirus: Lightspeed’s Lessons From China For Indian Startup Founders

By: Bhumika Khatri

  • The VC’s partners from China and India suggested startups work on reducing cash burn, spending
  • Lightspeed China’s James Mi said the Chinese ecosystem is focussing on extending runway through cost-cutting
  • Mi advised founders to have at least six months of runway

The Indian startup ecosystem has joined the fight against the coronavirus pandemic, as over 125 confirmed cases have emerged in India. With three deaths so far, India has not yet seen the worst of the outbreak. While many startups have advised employees to work from home, some are also offering medical support, while helping employees take up self-quarantine for Covid-19 and creating contingency plans — life has truly changed in the age of the pandemic for many people, startup founders included.

Many are saying that India is in the same place as China was almost 30-45 days back when the coronavirus had not yet been given the pandemic status. So startups may have a few lessons to learn from their Chinese counterparts. To make this happen Lightspeed India hosted a closed-door founders-only online session recently to facilitate interactions between Indian startup founders and venture capitalists in China so that each group can learn from their experiences.

The discussions were led by James Mi, partner, Lightspeed China, Udaan cofounder Amod Malviya with Lightspeed India partners’ Bejul Somaia and Hemant Mohapatra. The VC fund received over 200 questions from founders, with over 60 founders joining the session.

A founder who was part of the interaction told Inc42 that the session focused on fundraising, business environment and work from home. From the experience of China, James Mi noted that the strategy was first to focus on containment and as a result, hospitality businesses saw decline while businesses like grocery delivery grew. However, logistics was impacted negatively.

Other businesses that saw high adoption, traction and growth were digital content, video streaming, edtech among others. Mi also said that enterprise SaaS businesses saw some downturn due to the lack of face-to-face meetings, which are crucial for large sales contracts.

Shoring Up The Runway

In terms of fundraising, Mi advised founders to have at least six months of runway and first focus on optimising unit economics. However, if they don’t have such a runway, they should aim to reduce burn by cutting down unnecessary expenses on marketing and even reduce headcount if need be. Founders were also advised to find alternative financing options like bank loans.

Mi also urged startups to lock any existing offers and secure the funding to support the runway as VC funding is expected to slow down in the next quarter. He also suggested that businesses should go back to decisions taken at earlier stages to reduce burn and work on unit economics, rather than increasing market reach.

Lightspeed India’s Somaia shared a similar sentiment and said that fears in financial markets are similar to the consumer market as the capital gets scarce and selective. He said that even though financing won’t stop, it would now be more selective, focussing on quality and business fundamentals.

He noted that in such situations, reckless spending isn’t appreciated and that startups should plan in a way where they can spend 2020 without external funding. Somaia advised that the startups can top-up from the recent funding round as well if there is an interest. The trio emphasised that founders should focus on survival on priority.

The three experienced VCs also noted that the conditions are benign today but may become severe tomorrow. The impact on business from the pandemic is expected to last at least two quarters. The responsibility of businesses has changed from being equitable and fair employers to taking precautions ranging from temperature checks to masks and sanitisers.

Mi recollected that in China, even though factories were allowed to work, they didn’t have the infrastructure like masks and other sanitary needs set up to fulfil recommendations, which meant many workers couldn’t come in. So founders need to provision for all manner of things that they had not earlier.

Udaan cofounder Malviya shared the experience of work from home saying that it needs a planned approach and should be embraced correctly. He said that it becomes important to document decisions and startups should have well-defined touchpoints on a daily and weekly basis for different groups.

He said that work from home requirements are different for teams which are in operations and are on managerial work etc. Among the challenges with work from home for operational teams that Malviya noted was a drop in productivity. He advised founders to rely on products like Notion for documentation, Kettle.ai to track daily productivity and Hangouts and Zoom for video collaboration.

Source: https://inc42.com/buzz/focus-on-survival-amid-coronavirus-lightspeeds-lessons-from-china-for-indian-startup-founders/

betterU $BTRU.ca Trading Reinstated, Message from the CEO, Business Update and Annual General Meeting $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:11 AM on Thursday, March 19th, 2020
  • Announced the reinstatement of BTRU to trading effective as of March 23rd , 2020
  • Company is providing an update on the business and notice of the Annual General Meeting of shareholders

OTTAWA, March 19, 2020 – betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU”) has been working with the TSX Venture Exchange to file all necessary outstanding filings and is now pleased to announce the reinstatement of BTRU to trading effective as of March 23rd , 2020. The Company is providing an update on the business and notice of the Annual General Meeting of shareholders.

Message from the CEO –

“Our company has gone through a lot of turmoil over the last year, and I want to thank all of you – our shareholders and extended stakeholders – for weathering this storm with us. The good news is that we are emerging stronger – more operationally and commercially focused – than ever. While the company’s trading was suspended over the last six-months we redoubled our efforts to build value for the Company and our shareholders.

I am pleased to announce the official launch of our enterprise B2B SaaS platform for skills development called ‘Ready-To-Go”, which is the first mobile platform on the market to bring together everything an employer needs to continually assess and skill any employee from entry level to executive in an integrated manner. Ready-To-Go is proving valuable to corporate customers globally, and we will be announcing contracts with companies in Canada, US, India and beyond in the coming months.  Ready-To-Go completely aligns with our founding vision to provide best in class education-to-employment solutions for individuals and companies globally. What is different from the past was the realization while in stealth mode over the last few months, that we are not in the business of selling courses, we are in the business of building better people (hence our brand ‘betterU’). As such we have shifted our business model away from a pay-per-course (transactional) model to a pay-per-employee (software-as-a-service) model – whereby employers pay monthly subscriptions per employee for continual skills improvement and tracking.

This simple shift in framing – which is both on brand and on mission – is resonating strongly with public sector partners, private enterprise customers, and with individuals as end-user beneficiaries. While our focus has become more global in nature, we continue to maintain dedicated staff and skilling platforms for India, which inspired all of our hard work up to this point. There is still a lot of hard work ahead of us, but we now have a solid foundation to become a more sustainable company.”  Brad Loiselle, President and CEO betterU.

Business UpdateThe following are additional updates on the business:

  • Cancelled Shares for Debt – As previously reported on July 26th, 2019 and November 29, 2019 as part of ongoing efforts to reduce the Company’s debt and operational liabilities that its board of directors had approved the settlement of $125,000 of debt through the issuance of common shares of the Company (the “Debt Settlement”). The Company had since decided not to move forward with the Debt Settlement due to the downward pressure of the stock price and the level of dilution it would have created. The Company continues to look at debt reduction options.
     
  • Board approved restructuring plan – On December 2, 2019 betterU’s board of directors approved a plan to restructure the Company’s existing debts and liabilities in efforts to deleverage its balance sheet. The restructuring would take place over the course of 2020 i n connection with a planned subordinated secured convertible debenture offering and subsequent private equity placement to fund a global rollout of the Company’s Enterprise SaaS skilling platform and also convert or otherwise pay down the Company’s currently existing liabilities to a sustainable level.
     
  • betterU Enterprise SaaS Platform ‘Ready-To-Go’ – is fully operational and has been showcased to multiple corporate clients in Canada, USA, UK and India. The Company has begun contracting with several enterprise users, which will be announced in the week to come. betterU has built over the last several months a database from interested parties of 400+ Directors of Learning and Development, VPs and HR heads from companies around the world. To support such growing demand the Company would first have to raise additional capital through its planned subordinated secured debenture offering. For more details about betterU’s recently launched Enterprise SaaS ‘Ready-To-Go’ platform, please visit  https://readytogo.betteru.ca/
     
  • Partnerships – Adding to our existing content partnerships encompassing tens of thousands of courses from 100+ of the world’s leading online education and training providers, betterU has been expanding its offering of assessment tools required to support employers in determining their employee skill gaps.  We are pleased to announce the Company has entered a partnership with Cyprus firm Byrq to support betterU’s Enterprise SaaS Platform for pre-hiring candidates. With a proven I/O psychology framework that is scientifically validated and EEOC compliant, betterU will now be able to measure cognitive skills including numerical, verbal, problem solving and attention to detail as well as 16 personality traits. betterU is also pleased to announce they have entered a partnership with USA based firm eSkill, providing betterU with access to 600+ assessments across job roles, subject base and modular. This partnership enables betterU to support entire departments and job roles across organizations in determining the skills required per employee and mapping them to their skills on betterU’s Enterprise SaaS Platform Ready-To-Go.
  • Corporate Portal –  betterU has developed and launched a corporate website  https://corporate.betteru.ca/, that provides access to more details about betterU’s history, leadership, 2020 focus, Investor Relations and more information on the Company’s ongoing activities. betterU’s corporate website will support more visibility, transparency and access to current and relevant details about how the business is moving forward.  Please visit the site regularly so that you are kept current.
     
  • Stock Option Grants – The following stock options were issued to an insider on December 13th 2017, Positive Venture Group for 125,000 at an exercise price of $0.335 for a 5 year term, with 1/3rd allowed to exercise on the 1st, 2nd and 3rd anniversary date.
     
  • AGORA Internet Relations Corp. – The Company has issued the following number of shares in connection with settlement of $56,500 owed to Agoracom for marketing services according to the terms of the agreement disclosed on April 12, 2017.          
 
  Marketing ServicesPrice per ShareNumber of Shares  
 15-Mar-17$11,3000.4525,111 
 15-Jun-17$11,3000.5719,824 
 15-Sep-17$11,3000.3829,736 
 15-Dec-17$11,3000.3829,736 
 15-Mar-18$11,3000.7914,303 
 Total $56,500 118,710 
 
  • Annual General Meeting (“AGM”) Notice – Take notice that the annual general meeting (the “Meeting”) of shareholders of betterU Education Corporation (the “Corporation”) will be held at 1 Hunt Club Rd, Ottawa, ON K1V 1B9 on Thursday May 28th, 2020 at 11:00 a.m. (Ottawa time) for the following purposes:
  1. To receive the financial statements of the Corporation for its fiscal year ended March 31st 2019 and the report of the auditor thereon;
  2. To elect directors of the Corporation for the ensuing year;
  3. To appoint an auditor of the Corporation for the ensuing year;
  4. To consider and if thought fit to pass, with or without variation, an ordinary resolution to approve the Corporation’s Stock Option Plan allowing the granting of up to 10% of the Corporation’s issued and outstanding common shares at any time; and
  5. To transact such other business as may properly come before the Meeting or any adjournment thereof.

The Corporation has elected to use the notice-and-access (“Notice-and-Access”) provisions under National Instrument 54-101 Communications with Beneficial Owners of Securities of a Reporting Issuer and National Instrument 51-102 Continuous Disclosure Obligations to distribute Meeting materials to shareholders. Notice-and-Access is a new set of rules that allow issuers to post electronic versions of proxy-related materials on SEDAR and on one additional website, rather than mailing paper copies to shareholders. Shareholders have the right to request hard copies of any proxy-related materials posted online by the Corporation under Notice-and-Access.

Meeting materials, including the Circular, will be available under the Corporation’s profile at www.sedar.com and also at https://corporate.betteru.ca/ by April 29th 2020. The Corporation will provide to any shareholder, upon request to the Corporation’s transfer agent, a paper copy of the Circular and any financial statements or management discussion and analysis of the Corporation filed with the applicable securities regulatory authorities during the past year. In order to allow reasonable time for you to receive and review a paper copy of the Circular or other document prior to the proxy deadline, you should make your request for a paper copy by April 13th 2020.

A shareholder who is unable to attend the Meeting in person and who wishes to ensure that such shareholder’s shares will be voted at the Meeting is requested to complete, date and sign the form of proxy for the Meeting, or voting information form (“VIF”), and deliver the form of proxy, or VIF, in accordance with its instructions. 

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end solution leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales.

betterU has integrated into its platform the content, technology and support for tailored skills assessments, learning pathways and training modules from 100+ of the world’s leading online education providers. betterU’s eco-system includes detailed job, skill, employer, and educational profiles spanning 3,000+ standardized jobs. betterU’s integrated platform is the most efficient solution to address evolving skilling challenges for employers and employees through the employment lifecycle from entry level to executive. We don’t sell content, we help build better people.  

For more information, please visit https://corporate.betteru.ca/corporate-gov/

Contact:

Brad Loiselle, CEO
1-613-695-4100

betterU Education Corp.
Investor Relations
Email: [email protected]

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.

IMPORTANT: #betterU $BTRU.ca Provides Free #COVID19 Toolkit

Posted by AGORACOM-JC at 2:50 PM on Wednesday, March 18th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

FROM THE DESK OF BRAD LOISELLE:

I hope you are well.  betterU, in partnership with several of our content partners, have decided to assemble a COVID-19 All-In-One resource toolkit available on mobile through betterU’s Ready-To-Go platform. We have decided to make it available for FREE to support you, your families, coworkers, employees, friends and our communities. We want to get this in the hands of as many people as possible so feel free to share the link.

Simple go to https://readytogo.betteru.ca/get-started/ to start the process. It is very simple! The COVID-19 package will be automatically added to your profile. 

The noise of the media is creating confusion, fear and panic, while becoming more difficult to determine what is true or false. The app includes access to all the most relevant COVID-19 information assembled from leading sources around the world such as the World Health Organization, CDC and more. It includes content in the form of videos, text, PDFs, graphics and links. It also includes resources to support your personal well-being as well as professional challenges of working from home. We will be adding more content to continue to support community needs.  

Be well, be safe and stay informed.

Brad

Indian #Edtech industry to grow at an incredible rate in 2020 – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 12:53 PM on Tuesday, March 17th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

Indian edtech industry to grow at an incredible rate in 2020

  • Not everyone has access to quality academic resources at school, but more and more people have a phone in their hands nowindicating how edtech is helping democratize education
  • At the same time, the consumer base is increasing phenomenally, paving way for opportunities not just in the academic space, but in vocational courses and skill development as well

With a robust rise in smartphone ownership and internet adoption, learning has become more personalized, convenient, and all-encompassing. Not everyone has access to quality academic resources at school, but more and more people have a phone in their hands nowindicating how edtech is helping democratize education. At the same time, the consumer base is increasing phenomenally, paving way for opportunities not just in the academic space, but in vocational courses and skill development as well.

AMIDST ALL THESE DEVELOPMENTS, HERE ARE SOME TRENDS THAT SIGNIFY HOW THE EDTECH INDUSTRY IN INDIA WILL CONTINUE GROWING AT AN INCREDIBLE RATE IN 2020, AND BEYOND:

With the proliferation of smartphones, there has been a significant shift towards mobile-first solutions and products. In the edtech space, mobile-first approach will become central for learner experience. There are many effective ways for mobile learning to be tapped into which can provide consumers an enhanced experience within a short-time span. Because of this and other such factors, mobile-first learning products will explode in the country’s edtech space.

There lies a massive opportunity in the space of vernacular content. A report by Google India and KPMG estimated that as much as 73% of the Indian internet users are going to interact in a regional language by 2021. Amid this, having an English-only approach for the platform will limit the consumer base to a significant extent. Therefore, there is a lot of scope for business in the vernacular market, and further scope for them to play a role in bridging the country’s digital divide.

Indians are more than willing to pay for digital services now. Due to a rise in disposable income, there has been certain income elasticity towards expenditure on education-related products. This indicates how across various income levels, Indian consumers are willing to invest in value-added online learning products and platforms. The ‘freemium’ model has also led to the rise of paid models by facilitating free trials for better decision-making on the consumers’ end.

These are some of the several innovations and developments taking place in various fields of edtech, leading to new delivery methods, improvement in student engagement tactics, democratized access to education, personalized experiences, and more. India has a large consumer base and there are diverse categories of learners, learning modes, courses, and outcomes that entrepreneurs in the edtech space, or edupreneurs’ can explore. With our classrooms, workplaces, and job markets changing owing to the rapidly emerging technologies, edtech has become all the more relevant today, and will continue to positively impact more and more people across the country in 2020, and beyond.

Authored article by Micha Borkowski, CEO and co-founder of Brainly, an edutech startup.

Source: https://www.covaipost.com/education/indian-edtech-industry-to-grow-at-an-incredible-rate-in-2020/?__cf_chl_jschl_tk__=0627c64727cee43a87923430ee1e4e3c4eb780e8-1584450527-0-AerzakfTmf8uESW8-t5AfnXqFj0qgxEQqwf9goj0MHZ9orDC55Bg_OyUOYIg2ITgp9MsiXswacWkLJk5iZ6hgmzPk1oNUrYctq8ttrPtNyGjJPkRJNxcSpi1xPKHlRBspmpB1xQwqfADabPHAO9dmnG193H6WHtAIR76QdnpEUD5LGjftT6mSFfEreulK-6ZzfIM35C1EKpy0hRsllAm2Qv2xctyK8t04kcsWNqPAU9Zcxj8SD835Zg_rhzADSaUKYphp17QToVvJ6FWJbCKSqMJE77DESY7at-8r8WcpdFdpO6uY-lIBeA8BZ9a4U0v-ycAEpupu68pCXJobNW0NYCuT1MtZu4tyUE2lq7AQlf5yMWkSyQOK6ByJhWvLaftEA

Can #coronavirus do for #edtech what demonetisation did for digital payments in India? – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 4:43 PM on Monday, March 16th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.

Can coronavirus do for edtech what demonetisation did for digital payments in India?

  • The Covid-19 pandemic has forced several schools and colleges across India to temporarily close. In Delhi alone, over two million kids are being forced to stay at home with primary schools shut until March 31.
  • With fresh cases being reported each day, there are expectations that more schools and colleges will be closed in the coming weeks.

By Ananya Bhattacharya

On Nov. 8, 2016, digital payments companies became mainstream in India overnight after the government suddenly decided to demonetise two high-value currency notes. Now, education technology (edtech) firms are hoping for an encore in the wake of the coronavirus outbreak.

The Covid-19 pandemic has forced several schools and colleges across India to temporarily close. In Delhi alone, over two million kids are being forced to stay at home with primary schools shut until March 31. With fresh cases being reported each day, there are expectations that more schools and colleges will be closed in the coming weeks.

Edtech companies are jumping to make the most of the situation, offering free access to their courses during a time that typically flags off the exam season.

But overnight success might be hard to come for these platforms, experts said.

“While a smartphone is good enough for browsing, social media, and so on, for studies, assignments, and projects, it doesn’t suffice,” Prateek Shukla, CEO & co-founder Bengaluru-based coding bootcamp Masai School, told Quartz. “A stable internet and electricity connection is the biggest challenge.” Power outages are still very frequent across most Indian cities, especially in smaller towns.

And that is just one of the many hurdles. Companies, though, are going all out to make hay.

Wooing India

On March 11, Bengaluru-based Byju’s, the world’s biggest edtech firm, said it was making all its learning programmes for students in classes 1 through 12 free until April-end. Soon after, rival Toppr offered free access to its live and video classes for school kids until March 31, and Unacademy announced 20,000 free live classes for candidates looking to prep for entrance exams for union public service commission, banking, railways, and more.

“We want learners to utilise this time…We will support the education system in every way possible to weather the storm,” said Gaurav Munjal, co-founder and CEO of Unacademy. Toppr said it will consider extending the free access for students if schools don’t reopen after March.

Edtech is already well equipped to handle a possible surge in demand, said Akash Singhal, founder & CEO of edtech startup Illumnus. Teachers producing online lessons have already been working remotely, so there is no additional cost in producing lessons.

The initiatives are already bringing in gains.

Noida-based Gradeup has seen a 25% uptick in daily enrolments since it doubled the number of free video on its platform in light of the coronavirus outbreak.

Source: https://qz.com/india/1817115/byjus-toppr-unacademy-ready-for-coronavirus-pandemic/