Agoracom Blog

INTERVIEW: BetterU $BTRU.ca On The Move In India With Partnerships, Products and Personnel $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:30 AM on Wednesday, April 24th, 2019

BetterU (BTRU:TSXV) has been taking some heat in 2019 for delays of a very significant financing, which quite frankly has been out of their hands.  However, while funders get themselves sorted out, BTRU has been on the move in a big way with new content partners, updating their product offering with some head snapping features and the addition of some great personnel.  Specifically,  Gurmit Singh, Former Managing Director of Yahoo India and CEO Forbes India has entered into an agreement to support BTRU.


Watch this video interview with Company CEO, Brad Loiselle to get the full story about what has happened in 2019 and the exciting things to to look forward to for the remainder of the year.

INTERVIEW: Bougainville $BOG.ca Accelerates Vertical Integration With 5 Marijuana Locations In Alberta + Hemp CBD In Oregon $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 6:09 PM on Tuesday, April 23rd, 2019

Bougainville (BOG:CSE) has laid a strong foundation for growth – literally – by establishing itself as the landlord to smaller USA marijuana growers that needed a turnkey solution.  With it’s first tenant moving into 10,000 square feet this June in Washington State and adding another 20,000 thereafter, the Company is confidently branching out to become a vertically integrated producer and retailer in Canada. 

Most companies would be happy with two lines of business but BOG is adding a 3rd line via Hemp CBD production in Oregon.

Watch this video to learn more about Bougainville Ventures (BOG:CSE).

Lomiko Metals $LMR.ca and Quebec Precious Metals Report Intercept of 87.9 m of 7.14% Including 21.0 m of 15.48% Flake Graphite from La Loutre $DNI.ca $CJC.ca

Posted by AGORACOM at 4:44 PM on Tuesday, April 23rd, 2019
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564363/hub/lomikoLogo300x100_copy.gif
  • First exploration diamond drill hole received from the 2019 program at the Refractory Zone at the La Loutre graphite project.
  • 87.9 m of 7.14% Including 21.0 m of 15.48% Flake Graphite
  • 21 holes were completed on the Refractory Zone for a total of 2,800m
  • Results from remaining 20 holes will be reported as they are received and compiled

Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) (Lomiko or the “Company”) and Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF)(“QPM”) are pleased to announce the results from the first exploration diamond drill hole received from the 2019 program (see Table 1 below, and Figure 1) at the Refractory Zone at the La Loutre graphite project (the “Project”). A total of 21 holes were completed on the Refractory Zone for a total of 2,800 metres. Results from remaining 20 holes will be reported as they are received and compiled. Lomiko currently owns 80% of the Project.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190423005760/en/

Exponential Rise in EV Sales in the Next Decade Will Drive Graphite Demand (Photo: Business Wire)

Exponential Rise in EV Sales in the Next Decade Will Drive Graphite Demand (Photo: Business Wire)

“We are impressed with the size and grade of the Refractory Zone. It has exceeded our expectations.”, stated A. Paul Gill, CEO of Lomiko.

Table 1: Results of the first hole of the 2019 drill program. The width is drill indicated core length.

Hole ID UTM E UTM N Azimuth Dip Mineralization Cg %
From (m) To (m) Interval
(m)
LL-19-16 499851 5097829 66.50 -50.00 4.10 92.00 87.90 7.14
including 70.50 91.50 21.00 15.48
132.00 160.50 28.50 3.86

The drill campaign focuses on the Refractory Zone. An independent technical report in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, prepared by B. Turcotte and G. Servelle of InnovExplo Inc. from Val-d’Or, Québec, and O. Peters, of AGP Mining Inc., dated March 24, 2016, was filed for the Project’s Graphene-Battery Zone. The report presented a mineral resource estimate of 18.4 M Tonnes at a grade of 3.19% carbon flake graphite (“Cg”) in the Indicated category and 16.7 M Tonnes at 3.75% Cg in the Inferred category using a cut-off of 1.5% Cg. The Project also includes several other untested anomalies.

The drill hole intercept is approximately 450 m SE from high grade intercepts drilled in 2017: 7.74% Cg over 135.6 m including 16.81% Cg over 44.1 m from LL-16- 01, and 14.56% Cg over 110.8 m from LL-16-03. Both holes are located at the Refractory Zone.

On the basis of the available geophysical and 2016 drilling data, the strike length of the mineralization is estimated at 900 m in the NW-SE direction and is open in both directions. A detailed interpretation of the results will be carried out to better estimate the thickness and strike length of the mineralized zone.

The Project consists of contiguous claim blocks totaling 29 km2 situated approximately 53 km E of Imerys Carbon and Graphite, formerly known as the Timcal graphite mine, North America’s only operating graphite mine, and located 117 km northwest of Montreal.

The 2019 exploration program is managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.

Quality Assurance/Quality Control

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted at a regular interval into the sample stream.

The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Carbon Graphite using the C-IR18 method.

Qualified Person

Jean-Sebastien Lavalleìe (OGQ #773), Geologist, is a shareholder of both companies, VP Exploration of QPM and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

For more information on Lomiko Metals, review the website at www.lomiko.com.

On Behalf of the Board,

“A. Paul Gill”

Chief Executive Officer

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20190423005760/en/

A. Paul Gill at 604-729-5312
email: [email protected]

North Bud Farms Inc. $NBUD.ca – #Pot stocks are soaring and the #cannabis industry is poised for ‘tons of growth’ $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 12:00 PM on Tuesday, April 23rd, 2019

SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

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Pot stocks are soaring and the cannabis industry is poised for ‘tons of growth’

  • Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use
  • Cannabis has also gone mainstream thanks to big investments and partnerships between marijuana sellers and blue chip consumer companies.

New York (CNN Business) For decades, though nobody was really sure why, April 20 has been the unofficial holiday for marijuana users and a joke by and about them. Now, though, it’s also a reminder of how quickly marijuana is moving from illegal and a joke to a multi-billion dollar legal business — and a good time for us to take another look at how well cannabis stocks have been doing. Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use. Cannabis has also gone mainstream thanks to big investments and partnerships between marijuana sellers and blue chip consumer companies. Corona owner Constellation Brands (STZ) has a more than 35% stake in Canopy Growth (CGC), a Canadian cannabis company that intends to take a bigger step into the United States with plans to buy American cannabis firm Acreage Holdings. Constellation also disclosed Thursday it may eventually boost its stake in Canopy to 50%.   Pot stocks may be a bubble that needs to burst Marlboro-owner Altria (MO) invested $1.8 billion in cannabis producer Cronos Group (CRON). And Tilray (TLRY) is working on cannabis-infused drinks with Budweiser owner AB InBev (BUD). But many of these stocks have soared this year already — Cronos is up nearly 60% so far while Canopy has gained 70% — leading to questions about whether this is just a speculative mania like tulips and dot-com companies.

Bubble or bargain?

“This business is still in its infancy. It’s like investing in alcohol post-Prohibition. There will be tons of growth,” said Dan Ahrens, chief operating officer with investment firm AdvisorShares. “But there are going to be home runs and there will be lots of strikeouts.” Ahrens thinks that investors need to be patient and selective. But he believes they will be rewarded — that is, if they wind up picking the winners. “These are new, up and coming companies. There is going to be volatility so you have to be selective,” Ahrens said, adding that he favors companies that haven’t already shot up because they’ve done big deals like Canopy and Cronos have.   Ex-NFL player Tiki Barber now invests in pot AdvisorShares just launched the Pure Cannabis ETF (YOLO), an actively managed fund that invests in cannabis stocks. Some of its top holdings are Canadian cannabis companies CannTrust (CTST), Aphria (APHA) and Hexo (HEXO).   Canopy Growth co-CEO: Product opportunity is ‘substantial’05:27 Rob Almeida, global investment strategist with MFS Investment Management, said investors may be getting ahead of themselves. He’s worried that cannabis stocks are going to turn out to be an investing fad like 3D printing and blockchain companies. “Cannabis is not going to have parabolic growth,” Almeida told CNN Business. “There is a lot of hope and enthusiasm.”

Cannabis prices are falling

One cause for concern: Now that more states are legalizing marijuana use, prices are dropping as competition has increased. Research firm BDS Analytics, which calculates a consumer price index for the cannabis industry in the United States, recently reported that overall prices in February for products such as ingestibles, topical creams, vaporizers and vape pens and pre-rolled joints, fell 2.7% from February of 2018. Prices were down nearly 2% from the prior month. Many of the publicly traded cannabis companies have been reporting a drop in the retail price in Canada since legalization last October as well. Aphria, for example, reported sales this week that missed forecasts. Shares plunged nearly 15% on the news. But the stock is still up more than 40% so far in 2019.

More deals likely on the way

A lot of the excitement has to do with expectations of more mergers and partnerships. Aurora Cannabis (ACB), a Canadian company whose stock has soared 80% this year, recently announced that it was adding legendary investor and deal maker Nelson Peltz as an adviser. That’s led to speculation that Peltz may help Aurora team up with a consumer products or healthcare company. Tilray, for example, also has a strategic relationship with generic drug maker Sandoz, a subisidiary of Novartis (NVS). So other cannabis firms may look to team up with Big Pharma.   Canopy’s plans to buy Acreage could lead to another wave of consolidation too. Matt Hawkins, managing principal at Cresco Capital Partners and an investor in Acreage, said in an email to CNN Business that “this is the moment the cannabis sector knew was coming — consolidation.”   Hawkins added that the deal “will lead to a rush of cannabis companies merging in order to compete with Canopy/Acreage” and that “it’s now going to be very hard for early start-ups to enter the space and compete with the growing/emerging conglomerates.” In other words, there’s another sign that cannabis is going legit: It’s starting to function just like any other major consumer industry.   Source: https://www.cnn.com/2019/04/19/investing/cannabis-stocks-420/index.html

Iconic $ICM.ca Announces 2019 Exploration Plans Bonnie Claire Lithium Project in Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 10:38 AM on Tuesday, April 23rd, 2019
  • Finalized plans for its 2019 drilling program at Bonnie Claire
  • Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults

Vancouver, British Columbia–(April 23, 2019) –  Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) has finalized plans for its 2019 drilling program (the “Drilling Program”) at Bonnie Claire. Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults. The purpose of the Drilling Program is to define shallow lithium mineralization which the Company can utilize for bulk sampling and extend the resource to the south. If results are favorable, one or more of the shallow holes will be deepened to +600 meters (2,000 feet) to further enlarge the resource. A map of the drilling, surface lithium sampling results and interpreted faults can be found on the Company website (www.iconicmineralsltd.com).

The Drilling Program is located 2-5 kilometers (1.3-3.1 miles) south of drill hole BC1602 (see map). The shallow holes will be drilled using a tracked or buggy reverse circulation (RC) rig suitable for the salt flats being tested. Down-hole sediment samples will be collected continuously in 6 meter (20 feet) intervals and sent to a geochem lab for analysis.

Drilling will be initiated when the wet season has ended and the salt flats dry sufficiently to allow access. This year has seen the fourth wettest season in history.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). Four drill holes have identified an open ended, 43-101 compliant resource of 28.58 billion kilograms of lithium carbonate equivalent. The drilling that defined the current resource only covered an area of 3.0 km2 (1.2mi2), while previously run MT geophysics show a potentially mineralized area of 27.3 km2 (10.5mi2). Drilling to date has shown strong correlation between the MT results and the lithium mineralization. The thickness of the lithium mineralization is unknown, but drilling indicates it is greater than 600 meters (2,000 feet). The current claim block covers an area of 57.5 km2 (22.2mi2). Further drilling has been permitted and metallurgy to determine the most efficient recovery method is currently in progress.

Richard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

On behalf of the Board of Directors

SIGNED: “Richard Kern”

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicmineralsltd.com. The Company’s public documents may be accessed at www.sedar.com

Forward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44232

Gurmit Singh, Former Managing Director of #Yahoo India and CEO #Forbes #India enters into agreement to support betterU $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:47 AM on Tuesday, April 23rd, 2019
  • Former Managing Director of Yahoo India and CEO Forbes India enters into agreement to support betterU
  • Mr. Singh comes to betterU with over 20 years of experience, including most recently as the Managing Director of Yahoo! India Pvt. Ltd. (formerly known as Yahoo! Inc.).

OTTAWA, April 23, 2019 — betterU Education Corp. (the “Company” or “betterU”) is pleased to announce that Mr. Gurmit Singh through his firm DAUWAU will work as a consultant in order to support the Company’s efforts in providing access to education across India.

Mr. Singh comes to betterU with over 20 years of experience, including most recently as the Managing Director of Yahoo! India Pvt. Ltd. (formerly known as Yahoo! Inc.). Mr. Singh managed Yahoo!’s business in India and was responsible for its growth in the country since 2012. Prior to this, he served as the Chief Executive Officer of Forbes India at Network 18. During his career, he held many leadership roles across consumer products, music, entertainment and media sectors, working for companies such as Sony Music, Hindustan Times, India Today Group, Rajshri Media, Marico Industries and Network 18.  

As India continues to grow and evolve, education plays one of the most critical roles in the country’s success. Access to quality education and skills development is one of the country’s key priorities. Currently skill initiatives such as the Government’s ‘Skills India’ push has been working to solve the skilling of over 150 million people across all sectors.  Mr. Singh, having overseen the growth of Yahoo! India, has first-hand experience with the high level of content consumption in India. After exiting from his role at Yahoo!, Mr. Singh initiated more in-depth research into the education market, which led him to betterU.  “I was pleasantly surprised to hear of the efforts betterU has been making in India. I believe that what they have been building could pioneer a shift in access to education that could support everyone everywhere. This is only possible by bringing together as many partners that betterU has been able to accomplish. When Brad Loiselle, CEO of betterU and I first spoke, I was excited to not only learn more, but to offer my support in helping them get their company more known,” said Mr. Singh.

Online education in India continues to grow at an exponential rate and according to a report by Google and KPMG, by 2021 the Indian online learning market will reach close to $2 billion in revenues.  UNESCO stated that by 2030 there will be a shortage of over 65 million teachers globally. This will have a significant impact on the world’s ability to provide access to quality education unless the world’s educators come together to solve this problem. “betterU has been focused on this problem for many years and I was thrilled that someone with Gurmit’s experience saw the value in what we have been building for India.  My team and I are looking forward to working with Gurmit and advancing betterU’s nation efforts in India,” said Brad Loiselle, President and CEO, betterU.

About betterU – www.betterU.in

betterU, a global education-to-employment platform, 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 complement 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.

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.

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

CONTACT INFORMATION

Investor Relations
1-613-695-4100
Email: [email protected]

Client Feature: AMK Partner Tudor Gold to Fast-Track Exploration Program at Treaty Creek $SEA $SA $SKE.ca $TUD.ca $PVG $MRO.ca

Posted by AGORACOM at 7:33 AM on Tuesday, April 23rd, 2019
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In the Richest Part of the Golden Triangle
  • JV Partner Tudor Gold Has Retained P&E Mining Consultants for 2019 Treaty Creek Project Drilling and Future Initial Resource Estimate
  • P&E are next stage project development Engineers and specialize in geological modeling and mine design
  • P&E will produce an initial 43-101 mineral resource estimate
  • 2018 Treaty Creek Drill Program ended with 563 meters of 0.98 g/t gold.
  • Goal is to fast-track the exploration program at Treaty Creek during summer 2019
  • The Treaty Creek JV property has a fully carried interest to production
https://www.americancreek.com/images/treatycreek_map.png


Hub On AGORACOM

FULL DISCLOSURE: American Creek Resources is an advertising client of AGORA Internet Relations Corp.

Esports Entertainment Group $GMBL – Vinik-backed #Esports group gets $21.5 million investment $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 9:00 PM on Monday, April 22nd, 2019
SPONSOR: Esports Entertainment $GMBL Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with 190 Esports teams. Click here for more information
GMBL: OTCQB

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Vinik-backed esports group gets $21.5 million investment

  • Los Angeles-based AXiomatic LLC raised $21.5 million earlier this month
  • In 2016, the organization dove into the esports industry with the acquisition of esports brand Team Liquid.

By Lauren Coffey  – Reporter, Tampa Bay Business Journal

While the esports sector continues to rise in the technology industry, Tampa Bay Lightning owner Jeff Vinik‘s own esports investment is following suit.

Los Angeles-based AXiomatic LLC raised $21.5 million earlier this month, according to an SEC filing. The company requested $25 million and received the $21.5 from an unnamed investor. Calls to AXiomatic were not returned by Monday afternoon.

AXiomatic was founded in 2015, formerly called TLC eSports LLC. In 2016, the organization dove into the esports industry with the acquisition of esports brand Team Liquid.

Vinik is a co-executive chairman of aXiomatic and one of five people on aXiomatic’s board, after joining in 2017. In June 2017, aXiomatic raised $16 million in a Series A funding round in part from Vinik. In October 2018, former NBA star Michael Jordan joined Vinik and the other investors by leading a $26 million round of funding.

Vinik originally rose to fame with Fidelity Magellan Fund in the 1990’s and is now a major investor in a slew of real estate and tech projects in the region, including Water Street, tutoring app Knack and innovation hub Embarc Collective.

AXiomatic is a heavy investor in other gaming companies, most recently in January of this year with Pokémon Go developer Niantic with a $245 million Series C funding round.

Source: https://www.bizjournals.com/tampabay/news/2019/04/22/vinik-backed-esports-group-gets-21-5-million.html

BetterU Education Corp. $BTRU.ca – Bringing #edtech solutions to the next half billion $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 3:35 PM on Monday, April 22nd, 2019
SPONSOR:  Betteru Education Corp. Connecting global leading educators to the mass population of India. BetterU Education has ability to reach 100 MILLION potential learners each week. Click here for more information.
BTRU: TSX-V

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Bringing edtech solutions to the next half billion

As entrepreneurs ride the internet wave to build and provide disruptive edtech solutions, it is important to remember that we’re only just scratching the surface with its possibilities.

  • Today, there are about 260 million students in K12 schools and 30 million in higher education institutions
  • Further, there are 75 million children in the 3-6 year early childhood category, while at the other end of the age spectrum there are hundreds of millions of working professionals in need of constant upskilling due to the evolving nature of their jobs.

By Namita Dalmia

Today, there are about 260 million students in K12 schools and 30 million in higher education institutions. Further, there are 75 million children in the 3-6 year early childhood category, while at the other end of the age spectrum there are hundreds of millions of working professionals in need of constant upskilling due to the evolving nature of their jobs.

Families rely on education as a gateway to opportunity and a meaningful life. Hence, 40% of K12 students go to private schools and one-fourth students, from both government and private schools, opt for after-school tuitions. Despite this, learning and employability outcomes remain poor. Only 26% of Grade 5 students can do a simple division (ASER 2016), 38% of youth in age 14-18 can apply mathematics to the real-world problem of calculating ‘discount’ (ASER 2017), and 56% of employers continue to report talent shortage (Manpower Group 2018).

However, it isn’t all bad news. India’s increasingly mobile-first outlook offers the solution. In July 2018, 390 million Indians were consuming nearly 8GB internet data each month. Over the next five years, half a billion more will come online for the first time due to declining internet prices and improving connectivity. Given the education outcomes gap and India’s growth in mobile penetration, education technology or edtech provides us a tool to level the field. But in order to capitalise on this opportunity, edtech entrepreneurs will have to build trust with the users, just like many other sectors have—for example, bill payments, travel and online shopping. Over the last few years, we have learnt the following ways in which edtech can overcome some of these trust issues:

Rooting in sound, holistic pedagogy: Great teachers focus on deep conceptual learning, real-life applications, personalised feedback and continuous motivation. While most edtech provides some of these, they miss out on other crucial elements. These solutions then rely on successful implementation—at home by parents or in-class by teachers, which is often lacking. Vedantu—a full-stack, live teaching solution—bridges this gap by combining the skills of a great teacher with an AI-personalised platform for individual learning support and providing an academic mentor for motivational support.

Keeping users at centre: Any edtech solution must keep both teachers and students at the centre of the solution. For a decade, a large amount of content has been created and made available but has failed to see significant pull from users. Doubtnut, a learning app, on the other hand sees organic adoption and engagement with its doubt resolution feature that solves pain point of students when they get stuck solving tricky problems.

Linking & ensuring outcomes: Exam results and competitive examinations ranks are yardsticks that help parents and schools to measure outcomes. Offline players like tuition classes have created brands on the back of the outcomes. Edtechs have surfaced but need to accelerate outcomes in order to win in the long run. Similarly, upskilling programmes for working professionals, English language learning for vocational learners and coding boot camps for university students can demonstrate success through job placements or increased wages.

Going beyond ‘academic’ outcomes: Developing competencies like critical thinking and creativity, and mindsets such as grit and empathy are vital to quality learning and crucial for learners to succeed as the workforce of the future. There is an opportunity for entrepreneurs to build solutions that focus on building 21st century skills and integrating these in the pedagogy of academic subjects. Code.org is an example of a platform for building logic, creativity, algorithmic thinking skills by teaching students how to code.

Optimising pricing: Edtech sold direct to learners will eventually need to replace offline purchases and not just remain supplemental in order to create value through monetisation. It must reduce the burden on both parents’ wallets and students’ time and so a full-stack solution has higher potential than a fragmented offering. Moreover, offering trials or small-size purchase options before a full purchase is a useful strategy to break trust barriers with first-time customers.

Building cultural relevance: A majority of learners are comfortable in vernacular or bilingual medium of instructions, even when they go to “English-medium” schools. Platforms like Khan Academy, DIKSHA, Doubtnut cater to this need. Besides localising content offerings, edtech entrepreneurs should adopt relevant UI/UX and product flow strategies that will work with their target segments.

As education entrepreneurs ride the internet wave to build and provide disruptive edtech solutions, it is important to remember we’re only just scratching the surface with its possibilities. But there’s no doubt that the education sector is ready more than ever for disruption at scale.

The author is principal, Investments, Omidyar Network India, an investment firm focused on social impact

Source: https://www.financialexpress.com/education-2/bringing-edtech-solutions-to-the-next-half-billion/1554971/

CLIENT FEATURE: FanLogic ($FLGC) Expands Database by more than 1 Million Fans

Posted by AGORACOM at 2:48 PM on Monday, April 22nd, 2019
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Where Celebrities Convert Followers Into Fans
  • Expanded Database of Users To Over 1 Million
  • Helps Athletes, Actors and Celebrities Convert Followers Into Paying Fans
  • FanLogic Platform Provides Fans With VIP Access, Contests and Prizes That Generate Long-Term, Recurring Revenues For The Celebrity
  • FanLogic Provides Celebrities With Smart and Fun Tools To Directly Engage Their Fans With the Exception Of The Top 1% Of Celebrities,
  • Most Other Celebrities Are Unable To Monetize Their Audiences Beyond Simple Advertising and Sponsored Post

Alberto “El Patron” Del Rio READ MORE

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NASCAR Xfinity Series Race Team READ MORE

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