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Emerging trends in #EdTech- A look at the EdTech landscape #betterU $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:07 AM on Friday, October 12th, 2018
  • EdTech market is expected to touch $1.96 Bn by 2021, with close to 9.6 Mn users, from $247 Mn and over 1.6 Mn users in 2016
  • New innovative technologies are triggering a wave of transformation in the Indian education and learning sector – both regarding the content and the delivery
By: Anushree Sharma

For long, learning has been administered by traditional pedagogical techniques. However, the continuous changes in technology have changed the entire paradigm of learning and development at corporates. The rapid integration of technology in learning has made the educational technology sector (EdTech) as a promising market not only in the world but India too. A recent report by KPMG and Google highlights that the EdTech market is expected to touch $1.96 Bn by 2021, with close to 9.6 Mn users, from $247 Mn and over 1.6 Mn users in 2016.

 

 

For several years now, innovations in EdTech have impacted how business professionals want to learn. EdTechs such as virtual classrooms, mobile devices, digital readers, on-demand video, online gaming, and cloud-based LMSs have fed the market that has been, and continues to be hungry for innovation. Traditionally, most investments for product innovation in EdTech were focused on the higher education market. But recently, investors have looked across the traditional market boundaries beyond higher education and toward corporate training.  In fact, according to a study, the global investments in educational EdTech in 2017 crossed $9 Bn, a 30 percent jump from 2016. It was also reported that 813 different EdTech companies received funding last in 2017. One of the critical drivers for rising interest in EdTech can be the adoption rate of new technologies by the millennial community. Millennials entering the job market bring a new set of expectations on how to learn and collaborate. Hence, investment is flowing into the EdTech market at an unprecedented level.

 

                                        According to Metaari advanced learning technology report 2017, over $3.79 Bn was invested in corporate-facing educational technology companies in 2017, trailing consumer-facing companies by $60 Mn. Corporate training and education buyers across the globe are migrating rapidly away from legacy products like self-paced courseware and are now avid buyers of psychometric Game-based Learning, AI-based Learning, Cognitive Learning, and Mixed Reality Learning (that includes both VR and AR-based products).

People Matters reached out to the leaders in the EdTech industry and understood the evolution, trends, and challenges in EdTech. Here are the key findings:

Evolution of Learning Technology

“Competency development and reskilling have become a way of life, not a stage in life.”

 

Raghav Gupta, Director – India and APAC at Coursera

Online learning has evolved significantly beyond its previous reputation for low-quality learning experiences from low tier institutions. The flexible, high quality and affordable nature of the content provided by online learning platforms today are changing the way people learn.

“From a one-for-all approach to the ability to construct one’s learning path.”

 

Nikhil Barshikar, Founder and MD at Imarticus Learning

Over the next few years, EdTech will experience a rapid change in its consumption pattern. From a one-for-all approach, EdTech is now on the brink of personalization to the extent where individual consumers will have the ability to construct their learning paths. AI and Machine Learning will play a significant role in defining this new approach with meaningful recommendations and customized learning journeys.

“EdTech has reinvented the way of delivering learning.”

 

Krishna Kumar, Founder & CEO, Simplilearn

Innovation in technology is changing the way we deliver online education. EdTech is not only making learning affordable and accessible to the deepest roots of the country but has also triggered the upskilling and reskilling phenomena among students and professionals. With the impact of online learning becoming evident, EdTech has gained credibility among the government, industry, and academia which is spurring further mass adoption of this medium of learning.

Emerging trends in EdTech Sector:

In an interview with Coursera, Imarticus Learning, and Simplilearn we found that new innovative technologies are triggering a wave of transformation in the Indian education and learning sector – both regarding the content and the delivery. Here are the key trends in the EdTech sector:

  • Use of emerging technologies like AI, ML, AR, VR:

AR/VR/AI and other emerging technologies will redefine the EdTech space and the online learning experience.

“With an emphasis on skill building across industries and professionals proactively upskilling themselves, trends like hands-on learning, byte-sized learning coupled with gamification, virtual reality, and AI are changing the online learning landscape. EdTech companies need to adopt these trends seamlessly into their learning programs to ensure learners are motivated and engaged to complete their courses targeted with specific outcomes,” says Kumar

Raghav shares, “With the integration of new age technologies like  AI, VR, ML, the learning experience will be more interactive and personalized; resulting in improved access and enhanced learner outcomes.”

  •  Bite-sized or micro-learning modules:

Nikhil shares, bite-sized or micro-learning modules which cater specifically to the content consumption habits of young digital consumers are increasingly gaining traction in the EdTech space. Also, mobile is the preferred channel among young students and professionals to consume online learning courses. Also, mobile is the favorite channel among young students and professionals to consume online learning courses. This is because it allows them the flexibility to access content anytime and anywhere through easy-to-use app interfaces.

  • Personalization: 

Personalization remains a top trend among EdTech firms offering their online learning platforms since it helps to drive maximum user engagement and deliver specially curated content to learners on a variety of subjects and topics.

No doubt, the EdTech industry is brimming with opportunities, but at the same, it is rife with challenges. The most common challenges faced by the EdTech companies and startups are:

Acquisition Cost – Since online training is not bound by geography, neither are its customers which means, the same set of training providers try to attract a specific set of candidates.  This increases the cost of acquiring leads, and therefore, acquisition becomes a significant challenge. “Maintaining a healthy bottom line is EdTech’s Holy Grail,” says Nikhil.

Engagement Rates – MOOCs typically have completion rates of less than 10%. A big challenge faced by all EdTech providers is keeping its learners engaged in the learning lifecycle. Several values added services like projects, coaching and mentoring and gamification techniques are used these days to ensure higher completion.

However, Raghav is of the view that the challenges with engagement rates are diminishing. Raghav says, “Introducing credible degrees continue to be the most transformative credential for career and economic mobility globally. Constantly broadening the portfolio to bring full-fledged online degrees in domains across Business, Data Science, Entrepreneurship, Public Health, and Computer Science would help in elevating the engagement among users.”

Kumar believes that this is the best time for players like them as EdTech is proliferating globally and in India. He shares that EdTech companies need to harness the potential of technology to close the skill gap by delivering training in the latest digital technologies with product excellence and a customer-centric approach.

Source: https://www.peoplematters.in/article/pmlnd/emerging-trends-in-edtech-a-look-at-the-edtech-landscape-19411?utm_source=peoplematters&utm_medium=interstitial&utm_campaign=learnings-of-the-day

This is how online education #edtech websites can make you learn ‘deeply’ $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:49 AM on Wednesday, October 10th, 2018
What is deep learning? This is how online education websites can make you learn ‘deeply’

Deep Learning has been hailed by businesses across the globe as the next big technology in the realm of data science and artificial intelligence, and rightly so.

Widely used to facilitate automated hearing, image recognition, speech translation and recognition, Deep Learning is the same technology that powers driverless cars, teaching them to recognise signs like ‘stop’ and ‘go’, or to distinguish between a pedestrian and a lamppost.

It also powers voice-controlled functions in electronic devices like smartphones, tablets, or smart televisions.

In an increasingly technology-driven ecosystem, Deep Learning systems can have massive implications for any business, enabling them to take advantage of the massive volume of data they possess to enhance their overall operational efficiency, as well as develop new monetisation models.

What is Deep Learning?

Deep Learning is a machine learning technique which instructs computer show to learn by example, almost exactly like humans do.

Benefits of deep learning:

  • Through Deep Learning models, a computer is taught how to collect and classify information directly from images, text, or sound; these models themselves are guided by neural network architectures and large data sets, which enable algorithms to learn new information through multi-layered processing
  • Although Deep Learning is a specialised subset of Machine Learning, unlike the latter, it can automatically extract relevant information from raw data and perform classifications without any manual intervention
  • Since Deep Learning models run on neural network architectures, they are also usually referred to as deep neural networks
  • The word ‘deep’ separates them from conventional neural networks, which have two to three hidden layers at most. On the other hand, deep neural networks can have as many as 150 layers
  • Deep Learning methods based on neural networks can also perform natural language tasks such as language modelling and processing, part-of-speech tagging, named entity recognition, sentiment analysis, and paraphrase detection, much more efficiently
  • Thus, a key advantage of a deep network is that it can perform tasks with only a single end-to-end model, and without traditional, task-specific feature engineering.

Deep Learning for online learning platforms:

For online education or skilling platforms which own massive databases of visual content, categorising and managing them efficiently is difficult, thereby making all the data unusable.

However, machine learning techniques like Deep Learning help solve this problem, allowing these platforms to organise and classify their database of images.

Thus, by eliminating the need to spend numerous hours on sorting and tagging data manually, deep learning models allow online educational platforms to monetise their visual content and develop comprehensive learning modules.

Considering its wide potential use cases, knowledge of Deep Learning is currently one of the most sought-after skills for digital businesses.

More importantly, though, the demand for this technology presents a massive opportunity for young graduates and professionals to upskill and enhance their career prospects through industry-backed data science courses.

Source: https://www.indiatoday.in/education-today/featurephilia/story/what-is-deep-learning-this-is-how-online-education-websites-can-make-you-learn-deeply-1157476-2018-01-30

How Online education #edtech is beneficial for students from remote areas in #India $BTRU.ca

Posted by AGORACOM-JC at 3:41 PM on Tuesday, September 4th, 2018

  • A country’s growth is governed by many factors, and education is one of them.
  • While schools in the urban areas are complemented by state-of-the-art infrastructure, facilities, and teachers; schools in the rural areas struggle with necessary facilities like toilets and lack a proper teaching staff.
  • Needless to say, this results in a reduced sense of motivation among students and is a significant cause of poor quality of education in rural schools

Despite 85% of the government schools being in villages, students in rural areas rarely get the quality education that could benefit them. This leads to a loss of potential talent which could have contributed to the progress of the country. Keeping in mind the fact that numerous successful IAS aspirants are from rural areas, there are no limits to what these students could achieve if they are given access to quality education.

Non-Profit Organizations:

To battle this imminent problem, many non-profit organizations like eVidyaloka are now trying to improve the quality learning by bringing online education to rural classrooms. Their prime purpose is to bring about a knowledgeable and empowered rural India through the provision of quality education. The “each one, teach one” ideology encourages educated professionals to take time out of their schedules to deliver online lectures to students from rural areas.

The students thus not only get the quality education they lack, but they also get taught by teachers who are enthusiastic about teaching, which also goes a long way in boosting their morale. Online education enhances the learning outcome of students through learning modules that are focused on their classroom syllabus.

The language also poses a barrier when it comes to teaching in rural areas. NGOs, however, have overcome this barrier through an active tutor management program that focuses on taking on volunteers who are comfortable teaching in the local language, although it might not be their medium of instruction during their school days!

Government Initiatives:

The government has also played a significant role in bringing about an educational reform through online learning. The Ministry of Human Resource Development has recently launched three initiatives – Swayam, Swayam Prabha, and National Academic Depository, which aim to take the e-learning sector in India to the next level. At the inauguration of these initiatives, former President Pranab Mukherjee talked about how digital technology can enable excellent teachers to directly teach a large number of students who are not physically present in classes. The interactive learning experience will thus allow students in the remote parts of the country to benefit from lectures delivered by highly qualified teachers.

Swayam and Swayam Prabha are a rendition of digital classrooms that enable students from rural areas to connect either through the Internet or direct-to-home service and access educational content. Swayam offers courses through digital classes, and the study material is available online in the form of videos. Everything is available free of cost; however, students who want certificates will need to get registered.

India’s Chief Economic Advisor, Arvind Subramanian has also prepared a series of lectures on the Indian economy which can be accessed via Swayam and Swayam Prabha. The course structure of these online and digital classrooms will cover every aspect of education from class nine onwards, and will also include preparatory courses for competitive exams, including modules for preparation of IITs and IAS exams.

If not Internet, then DTH:

For the remote areas which still lack the facilities of a stable Internet connection, the Government will use alternative methods of communication. Swayam Prabha aims to tap into the potential utilization of Direct-to-Home (DTH) Service, and plans are already in place for setting up of a dish antenna that would give students access to 32 educational channels run by the HRD ministry. According to Dr. Pankaj Mittal, the Additional Secretary in UGC, these channels will broadcast new content of a duration of at least four hours, and this would be repeated five more times in a day, thus allowing students to view this content according to their convenience.

The online classrooms offered by government and non-profit organizations alike work towards one common goal: to provide equal quality of education to students in rural areas. These classroom programs are bridging the gap in quality education, and are thus empowering these students to do more with their lives. Thanks to these active initiatives, students in rural areas are also becoming aware of the variety of career paths they could follow, a privilege that they’d never had before.

Methods of teaching and learning processes make all the difference when it comes to education. These are also the main factors responsible for the stark contrast in the quality of education in the rural and urban areas. Online education can bridge this gap and bring to rural students the education they most rightly deserve.

Source: https://www.techgenyz.com/2018/09/03/online-education-for-remote-areas-in-india/

#Digitization in the Education Sector: Five Best Online Educational Classes in #India #edtech $BTRU.ca

Posted by AGORACOM-JC at 2:49 PM on Monday, August 27th, 2018
  • Students no longer need to sit inside a classroom to gain knowledge, as they can do the same using their smartphones, tablets and computers
  • ‘The Future of the world is in my classroom today,’ says a wise quote by Ivan Welton Fitzwater, an American educator. The statement   indeed is true; nonetheless, with the emergence of digitization, the way one views a classroom has massively changed. Students no longer need to sit inside a classroom to gain knowledge, as they can do the same using their smartphones, tablets and computers.

One of the biggest sectors in the world that has been affected by digitization is the educational sector. Therefore, educational institutions have adapted themselves in order to keep up with the current digital world. As students are increasingly accessing devices to gain knowledge, leading educational institutions are developing apps and launching channels on YouTube so as to provide classes to their students online.

Google Classroom, which was probably one of the first online educational suites to be created, recently received new tweaks and updates to make it more efficient. The new updates include a classwork page, a comment bank to provide teachers with feedback, and the ability to copy and reuse previous classwork with other classes.

Indian institutions too have taken the initiative to move towards the evolving digital platform and are coming out with apps that are revolutionizing the way we parse information. Online education could save students time, energy and money as all they need to do is attend classes from the comfort of their homes. Here are five popular online educational classes in India :

NIIT

This app brings skills training from NIIT classrooms directly to every digitally connected Indian for free. NIIT claims that it has made over 20 skill-based training programs in IT, banking and finance, retail and management available through this platform. “Learners across India will have access to the proven cloud campus learning enablers such as cloud courseware, cloud lab, online assessment and collaborative learning,” says NIIT. Anybody who owns smartphones, tablets or computers and have access to WiFi/2G/3G/4G connections may download the NIIT app and start the classes immediately.

BYJU’s

BYJU’s claims to have around 16 million registered school students on its platform. Along with offering learning programs in mathematics and science for students between classes  4th to 12th, BYJU’s also has test preparatory courses for competitive exams like CAT, NEET & JEE, IAS, GRE and GMAT. BYJU’s Founder CEO, Byju Raveendran himself takes classes for students along with other teachers. BYJU’s also has tips and tricks for IAS aspirants from IAS toppers.

Khan Academy

Khan Academy, which was started by educator Salman Khan in 2006, was one of the first educational academies to take the online initiative. The organization first started producing short lessons in the form of YouTube videos and now has an app as well. The Khan Academy also won the 2018 Google Play Best Social Impact award. Students can take mathematics classes with quizzes, and after each assessment, a personalized recommendation on exercises to focus on will be provided to students.

Coursera

Along with offering courses in mathematics to music for students, Coursera also offers advanced courses like computer science (programming, mobile, and web development), data science (machine learning, statistics, probability), business (accounting, marketing, and entrepreneurship), sciences (robotics, chemistry, nutrition and medicine), and more. One can also earn a certificate from Coursera but that has to be paid for.

Unacademy

If you want Kiran Bedi as your educator, then Unacademy could be the place for you. Unacademy claims to have some top educators including Kiran Bedi, India’s first woman IPS officer and now the Governor of Pondicherry, on board. They also provide content for provide content for major competitive examinations like UPSC, SSC CGL, CAT, GRE, GATE, CA, JEE, Pre-Medical, Railways Examinations, etc. Unacademy was co-founded by Gaurav Munjal, Roman Saini, Hemesh Singh, and Sachin Gupta. Unacademy’s YouTube channel apparently has over 1.5 million subscribers.

Source: https://www.dqindia.com/digitization-indian-education-sector-five-best-online-educational-classes-india/

betterU Education Corporation $BTRU.ca Has Been Advised That Closing of US$100 Million Investment Is Around the Corner $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:41 AM on Monday, August 13th, 2018

Betteru large

  • betterU has worked diligently to support the closing of the investment and continues to receive regular updates from TU Capital Co. Ltd. (“TUC”) on their progress
  • The CEO of TUC has confirmed that the fund management team have been in Tokyo Japan for the last couple of weeks and that they have executed on the final agreements for release of funds

OTTAWA, Aug. 13, 2018 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), would like to provide an update on the investment progress.

betterU has worked diligently to support the closing of the investment and continues to receive regular updates from TU Capital Co. Ltd. (“TUC”) on their progress. The CEO of TUC has confirmed that the fund management team have been in Tokyo Japan for the last couple of weeks and that they have executed on the final agreements for release of funds. According to TUC communications shared with betterU, the Chairman of TUC has also agreed to stay in Tokyo until the fund transfers have been completed. “While these delays have been difficult for everyone involved, we are confident that the funding completion is closer than ever. The ongoing updates, progress reports and discussions from TUC has demonstrated their commitment to completion.” says Brad Loiselle, President and CEO betterU.

While betterU continues to support TUC’s timelines, the betterU team has also continued to advance their global partnerships, the development of new technology, the adding of more educational providers to their platform, the participation in global speaking engagements and much more. Stay tuned for more announcements as it pertains to these advancements.

The majority shareholder’s approval has been provided the Corporation. The consummation of any financing, as contemplated, remains subject to TSXV approval, and among other conditions of the TSXV’s approval.

About betterU

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 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  https://ir.betteru.ca/investor-overview/press-releases/

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

For further information:

Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

Education 2020: Changing The #Education System In #India $BTRU.ca #Edtech $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:12 AM on Tuesday, July 17th, 2018
  • Online Education in India: 2021’, a comprehensive report prepared by KPMG in India and Google points out that the online education market in India is slated to witness an eight-fold growth by 2021
  • There is already a rise in the number of e-learning companies offering classroom supplement solutions and solutions for competitive examinations
  • Coming years will witness a further rise

The K—12 education sector has undergone an overhaul in the last decade. Although, technology has made inroads into the sector with the promise of actively engaging students in the learning process, thereby, improving learning outcomes and reducing teachers’ repetitive tasks, its huge potential has not been fully realised yet.

Students need to have more agency in their learning process. Teachers are still largely the sole disseminators of knowledge. But with technology intervention, the scenario could undergo a huge transformation and the teacher would become more of a facilitator in the entire teaching-learning gamut.

The increasing role of technology 

Online learning

Online Education in India: 2021’, a comprehensive report prepared by KPMG in India and Google points out that the online education market in India is slated to witness an eight-fold growth by 2021. There is already a rise in the number of e-learning companies offering classroom supplement solutions and solutions for competitive examinations.  And the coming years will witness a further rise.

  • Anytime, anywhere learning

This trend allows students to learn anytime from anywhere ensuring learning is no longer limited to the four walls of a classroom. Students can learn from the comforts of their home or while strolling in the park. This allows learners to explore their interests more. For instance, in the conventional scenario, a learner can approach the teacher only during school hours to clarify any doubts. However, many online learning platforms have doubt clarification sessions that allow students to clarify their doubts instantly.

  • Peer learning

Online learning opens the door for student collaboration. In a classroom, teachers are often pressed for time and there are not many opportunities for students to learn from one another. However, online learning platforms have a dedicated learning community where students can help each other learn. They can collaborate on projects, clarify each other’s doubts or discuss projects. This helps them gain a fresh perspective on topics and learn concepts anew.

Making learning more engaging

One of the reasons technological intervention in the K-12 sector is successful is because of its great potential to make educational content engaging and interesting. Thanks to 2D and 3D technology, digital content has made itself a useful resource for both students and teachers. Theory in itself is not enough to make students understand concepts. Digital content due to its interactive nature is easy to grasp. Students are able to understand and retain concepts better. In the near future, we would see a proliferation of content using technologies such as Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR).

Artificial Intelligence

Compared to other sectors like health and infrastructure, technology has been a late entrant in the education sector due to which the impact of artificial intelligence is also be bound to be delayed. But it has immense potential to improve the learning outcomes in the education sector.

Adaptive learning – This is a unique learning solution powered by artificial intelligence, where the learning path is personalised for each learner based on interactions with learners.  It suggests a series of assessments and study materials, to each learner to mitigate his/her learning gaps and meet their individual learning objectives.  This personalised way of learning enables learners to study at their own pace and as per their own ability. Thus, a personalised learning experience engages students effectively in their own learning.

Besides the advent of technology, the education sector has also witnessed a change in the approach towards teaching and learning in the last decade.

Focus away rote learning to building 21st century skills

Not everything is bad about rote learning, but it should not be an end in itself. Learning should focus on preparing students for their professional life. In the coming years, we will see the emergence of a curriculum that will emphasize on hands-on activities, experiential learning and more. The emphasis will not just be on acquiring skills and knowledge but also on the process of learning which will be more student-centric.

Importance of coding 

Coding involves writing programs for the creation of computer software, websites and apps. Realizing the indispensable nature of coding in today’s tech-savvy world, the concept is introduced right at the kindergarten level in many countries. . Although, the children are not taught traditional programming languages, they are introduced to fundamental programming concepts, such as sequencing, loops and conditionals, through exciting activities. Besides developing programming skills, coding also helps students develop 21st century skills – creativity, collaboration, communication and critical-thinking.

Alleviating the burden on teachers 

Technology can be a great teaching ally too. The existing digital content helps teachers engage the classroom effectively. In the coming years, we will see a rise in the incorporation of Learning Management System (LMS) into the K-12 sector. LMS aids in planning and delivering education course and also tracking its delivery. An LMS will help a teacher plan the curriculum in-depth and also track the learning progress. The detailed reports will inform teachers about the deviations encountered in the well-defined learning path so that action can be taken to mitigate these deviations.

There has been a rise in e-learning content. However, a major part of the available content is ineffective in engaging students and improving learning outcomes. Thus, parameters to evaluate content will have to be set. The role of government bodies is paramount in promoting such initiatives.

Thus it can be inferred that in the next few years, the k-12 sector will witness improved learning outcomes. It will be able to provide an environment conducive to increased student engagement and improved teacher performance.

Disclaimer: The views expressed in the article above are those of the authors’ and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. They are not intended and should not be thought to represent official ideas, attitudes, or policies of any agency or institution.

Source: http://www.businessworld.in/article/Education-2020-Changing-The-Education-System-In-India/14-07-2018-154491/

#Edtech firm #Unacademy raises $21 million from #Sequoia #SAIF #Nexus and others $BTRU.ca

Posted by AGORACOM-JC at 3:54 PM on Monday, July 16th, 2018
  • Online education start-up Unacademy on Monday said it has raised $21 million in a series C funding round from Sequoia India, SAIF Partners, Nexus Venture Partners and other existing investors at a valuation of more than $100 million

Unacademy plans to utilize the capital to get 10,000 educators on board monthly (from the present 3,000), grow its team and invest heavily in technology

Roman Saini (left), Gaurav Munjal (centre), Hemesh Singh. Unacademy raised $11.5 million in September 2017, and it has raised $38.6 million cumulatively till date.

New Delhi: Online education start-up Unacademy on Monday said it has raised $21 million in a series C funding round from Sequoia India, SAIF Partners, Nexus Venture Partners and other existing investors at a valuation of more than $100 million.

Blume Ventures also participated in this round.

Some $2-3 million has come in the form of secondary investment in which some angel investors exited the company, Unacademy co-founder and chief executive officer Gaurav Munjal said in a telephonic conversation.

Unacademy (Sorting Hat Technologies Pvt. Ltd) plans to utilize the capital to get 10,000 educators on board monthly (from the present 3,000), grow its team and invest heavily in technology.

The company also aims to use the funds raised to strengthen its brand.

The new investment comes after the education technology start-up raised $11.5 million from Sequoia Capital and SAIF Partners in September last year.

The platform, which allows educators to create multimedia content for free viewing by users, has raised $38.6 million cumulatively till date.

“Sequoia India is thrilled to lead the new round in Unacademy, which is already making a big impact in India’s online learning space,” said Shailendra Singh, managing director, Sequoia Capital (India) Singapore.

Bengaluru-based Unacademy is one of the fastest-growing education technology start-ups in the country.

The company saw 40 million views for its courses last month, along with 200,000 daily active users, Unacademy said.

The company claims to have grown six times in terms of monthly revenue since October last year, which it attributed to the paid course, ‘Plus’ on its platform. The ‘Plus’ courses allow users to engage in live video classes, private discussion forums along with personal interactions.

Unacademy is focusing primarily on four categories of competitive examinations—IIT JEE, NEET, GATE and banking examinations.

“Since we launched the paid Plus courses, we plan to improve the live-stream technology there. And also building the brand,” said Munjal, who added that the company will introduce a marketing campaign that will include television ads in the next few months.

Mint had reported in February that the education content company was in talks to raise up to $35 million from new and existing investors, and was planning to expand its international footprint.

The company will use the fresh funds to expand its presence in Indonesia, where it has more than 30 tutors, Munjal added.

However, it has halted its pilot project in Brazil.

Unacademy, which was launched as a YouTube channel in 2010 by Munjal, Roman Saini, Hemesh Singh and Sachin Gupta, offers tutors from various domains an opportunity to create video courses that are published on the Unacademy app and website.

Munjal and Singh previously founded roommate discovery start-up Flatchat, which was eventually sold to CommonFloor in 2014.

Source: https://www.livemint.com/Companies/4FYqNtsrFNBCXX5zSG9DMK/Edtech-firm-Unacademy-raises-21-million-from-Sequoia-SAIF.html

How #e-learning is changing the #Indian #education system for the better $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:04 AM on Monday, July 9th, 2018
  • As the culture of e-learning and internships spreads in the country, students will find a more efficient way to gain meaningful education where they would learn a skill online, compliment it with an internship, and repeat this cycle till they hit that sweet spot
  • E-learning is bringing universities and professors to your homes and hostels through mobiles and computers

Sarvesh Agrawal

I have been a part of the education industry for over seven years now and feel that there might come a time when the conventional and near-obsolete Indian college education system will be replaced with e-learning. Currently, the nation battles a spate of issues like skill-gap and unemployability, and the broken education system is riddled with issues ranging from an outdated syllabus, lack of hands-on practical experience, lack of quality educators, and so forth. This points out the sad and scary state of India’s engineering system and presents the difficulty graduates face while looking for a job.However, e-learning is gaining popularity in India. To illustrate how it is bringing change into the lives of Indian youth, let me share two stories.

The first story is of Akhil Yada, who pursued B.Tech in ECE. Akhil got a campus placement in business analytics profile instead of VLSI, a domain in which he wanted to make his career. Following a friend’s advice, he applied to an internship at DRDO but couldn’t land one due to lack of relevant skills. Soon, he enrolled in a six-week online training in VLSI and mastered the basics. As a part of this training, he designed an adaptive filter using VHDL, and the knowledge he had gained during this stint helped him land a two-month internship with the Research Centre Imarat, DRDO.

The second story is of Kapil Arora. Kapil had an idea for a startup but couldn’t implement it because he was unfamiliar with web design. He thought of hiring a Web Developer, but it wasn’t economical for him. So, he started learning web development online. Once he completed the training, he designed the web pages using HTML and CSS, deployed a database, and integrated the Paytm payment gateway. After a month of learning and writing codes, he went live with his own startup, Indian Mistry – a platform connecting customers with local mechanics and repairmen at pocket-friendly prices.

Image: PixabayAs the culture of e-learning and internships spreads in the country, students will find a more efficient way to gain meaningful education where they would learn a skill online, compliment it with an internship, and repeat this cycle till they hit that sweet spot.

The 2000s saw the internet bring a revolution across different sectors, from ordering food to hailing a cab. It has also brought in a revolution in the education sector; on one hand, teachers use technology in their classrooms to make learning interesting for students, and on the other hand, students use the internet to do more in-depth research on the subjects of their interest. Today, the e-learning industry is set to disrupt the higher education industry by solving three major issues:

Access

E-learning is bringing universities and professors to your homes and hostels through mobiles and computers. Certain skills like artificial intelligence and machine learning are upcoming in India but these fields are not accessible to a lot of students owing to different constraints. E-learning is an easy approach to tackle this problem and to cater to students as the educators can’t be present everywhere, especially in rural areas and Tier-II/III cities. In fact, having realised the significance of e-learning, the Ministry of Human Resources and Development and state skill development bodies like APSSDC have started uploading lectures online so that they can be easily accessed by students anytime and anywhere.

Quality

In a country like India, with a few premier colleges which have limited seats, most students are not able to get a quality education. A report issued by MHRD in 2017 pointed out that some schools have a fewer number of teachers than the required number. Due to this, teachers aren’t able to focus on the students in the classrooms nor are the students able to utilise their time spent in the classrooms. With evolving technology, there are new developments in different fields of study every day, and these changes can’t be included in the syllabus.

Through online learning, students have access to quality education, imparted by seasoned professors and professionals, on their fingertips. It can also provide personalised content to the students. While online learning is bringing quality education to students, it is also making the entire learning experience ‘fun’. Gamified learning with quizzes and challenges holds the interest of students and is, in a way, more engaging than classroom learning.

Affordability

To provide quality education to their children, parents have to shell out money right from school to the college education. The associated cost of a degree in a traditional brick-and-mortar college is comparatively higher than the one-time cost attached to online learning. Not just the education, the student has to take care of lodging and commuting as well. Quality education comes at a high cost, but with the advent of e-learning resources, students can access it at a much lower cost through e-learning.

Through e-learning, students can focus on becoming ‘employable’, discover their true interests in an efficient way (in terms of money and time spent), and build their dream career. This is just the beginning of the revolutionary concept of e-learning which has the potential to disrupt the education system in India and provide a better learning environment for the students.

Sarvesh Agrawal is the Founder and CEO of Internshala, an internship and training platform.

Source: https://yourstory.com/2018/07/e-learning-indian-education/

How Digital #India is changing the #edtech sector $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:21 AM on Friday, July 6th, 2018

  • India is increasingly becoming digitally connected due to the efforts of the Centre under their scheme “Digital India”
  • Many online education aggregators have also come up and are participating in this revolution to change the way one thinks about learning

By Sandip Kar 

Over the years, with the advent of digital media and technology, pedagogical methods and teacher-student interactions across the globe have evolved. The education sector today is not just bound to the classroom or coaching sessions, but in fact, has successfully merged with the internet to become a better serving industry. Due to digitalization and the availability of video solutions, the process of teaching and learning has greatly changed.

Benefits of video solutions

Video solutions in education include video conferencing, video lessons, video explanations amongst several others. Their importance in education is unparalleled due to their ability to create a stimulating and interactive environment which engages students, making it more conducive to learn. Audiovisual aids such as webinars and special lectures are within easy reach of students and teachers, making learning fun and more comprehensive. Additionally, incorporation of such tools has enabled differently-abled students and students with learning disorders to take inclusive classes. In fact, many students are visual learners and benefit from the incorporation of such solutions in their study regime.

Another benefit of using video solutions in education is the age-old adage of “show don’t tell,” as video solutions allow students to grasp concepts no matter how complex for a longer time. Several independent video solution providers have popped up in the industry to help make school classes ‘smart’ by equipping school teachers with audiovisual lesson by lesson teaching aids.

Digital India

Moreover, as India is increasingly becoming digitally connected due to the efforts of the Centre under their scheme “Digital India”, many online education aggregators have also come up and are participating in this revolution to change the way one thinks about learning.

These online players focus on creating video content for students across the educational spectra. They use animation and other tools with the help of teachers, lecturers, and experts to create videos which are education yet entertaining. Not to mention, the presence of these aggregators is democratising the educational scenario of the nation as the content they provide is available to everyone and not limited to people who can afford to pay for them. Students can browse through multiple providers to learn, understand and even revise concepts.

Furthermore, online education aggregators provide room for more interaction between students as opposed to traditional classroom environments where learning is restricted to a strict time of 30 or 40 minutes. These websites also give the students the liberty to study at their own pace, and they can redo concepts they have doubts in. The aggregators also provide a wide variety of subject content from languages to science and from literature to maths: you name it and they will have it. This diversity of content is especially attractive to people in colleges as well as those who are learning a new language as opposed to the traditional content available to them via their institutions and universities.

Even for people who wish to re-skill themselves or revisit a topic that they had learned ages ago, learning through video content has made things easier from them as they are less time consuming and more effective.

In this day and age, digital tools are the key to making learning more effective and fun. Video solutions have made education easier and online education aggregators have made the availability of diverse content easy for all, proving to be a game changer in the education sector.

Source: https://qrius.com/how-digital-india-is-changing-the-education-sector/

Online-based learning is transforming the #Indian #education system #edtech $BTRU.ca

Posted by AGORACOM-JC at 10:54 AM on Tuesday, July 3rd, 2018

  • Multiple issues ranging from obsolete syllabus, lack of practical learning, shortage of quality educators, and other issues formed the crux of the problem.
  • e-learning has been able to permeate many layer of the Indian society, and the platform is fast-becoming an essential tool in transforming the educational system for good

by Bhola Meena

There was a time when the state of the Indian education system was significantly dismal and bleak. Multiple issues ranging from obsolete syllabus, lack of practical learning, shortage of quality educators, and other issues formed the crux of the problem. However, in the past couple of years, one could undoubtedly observe educational efficacy evolve with the support of digital means.

E-learning has played the role of a catalyst for bringing about an equitable approach to high-quality education. It has done so by providing unlimited teaching and learning opportunities, while also improving student’s learning outcomes, participation and pedagogical innovation tremendously.

The proliferation of digital tools like apps, tablets, and laptops has introduced a sense of unbridled, real-time interaction into the learning process. A simple chalk & talk lesson has matured into engagement, collaboration and feedback. This reflects in the number of eager learners who sign up for online courses. In 2016 alone, 5.8 million students enrolled in online courses. This is a 263% increase over the last twelve years, making India the third-largest online learning market behind only the US and China.

E-learning has reached deep and wide

Breaking barriers is one thing, and the ability to consolidate education and training across geographical constraints is another. E-learning has penetrated into the Indian hinterland owing to increasing affordability of high-speed Internet as well as access to smart-phones. Students are being empowered to get quality resource and education, anytime, anywhere. Improved connectivity and digital payment access have further bolstered the concept of education for all.

It is proving to be value for money, and flexible with time

There was a 175% increase in the cost of education from 2008 to 2014. This made the online space the most cost-effective place for learners to hone new skills, supplement for school learning, prepare for competitive exams or even take up non-academic subjects. Courses online are 53% cheaper than offline alternatives. Along with that ardent learners are also able to save on time otherwise lost while travelling from one place to another. They can simply log on to their devices and leverage the benefits of e-learning on the go.

Quality has not been lost despite its reach

Online learning is a great platform to present a world-class learning experience to the ever-expanding student community and workforce. There is no denying that each year a limited number of seats are available at leading universities. Many lose out on them, and along with it, on the chance of getting a quality education. However, online education has changed this. Many online websites have opened up access to live and interactive learning in collaboration with premier schools and universities from around the globe. The faculty is best in class and the students have the opportunity to learn directly from industry stalwarts. Simple-to-use interface, virtual field trips, email, virtual labs, electronic textbooks, and free online resources are students them excellent global educational experiences.

It is customizable to personal needs and goals

Personalized e-learning enables learners to customize a variety of the elements involved in their education process. From modified schedules, personalized lesson plans and activities, customized goal-setting, everything is as per the individual’s needs.  This unique learning approach has helped provide individualized and differentiated instruction to each learner. This makes the learning experience richer and with improved learning results.

The online-to-offline strategy is removing the barricade of owning gadgets

Many e-learning centers have adopted an O2O strategy; that is an Online-to-Offline strategy. In this approach, they rope in local coaching institutes, independent tutors, and publishers, to offer students a simulated learning experience. This is a big leap in terms of providing digital access to a wider learning audience. It ensures that quality study materials and preparation guides are available to those who live beyond metro cities.

Evidently, e-learning is creating a better learning environment for learners and teachers alike. It is now expanding into areas like test preparation for government and bank jobs, re-skilling initiatives and professional certification for entrepreneurs and professionals looking to upgrade their skillset, higher education through distance-learning, and casual learning.

Product offerings are set to increase with the advent of artificial intelligence and Big Data analytics. While the former will make discovery of learning more accessible and intuitive; the latter will contextualize learning options and drive purchase behaviour based on past choices of learning modules.

To summarize, e-learning has been able to permeate many layer of the Indian society, and the platform is fast-becoming an essential tool in transforming the educational system for good.

Source: https://qrius.com/online-based-learning-is-transforming-the-indian-education-system/