AGORACOM Small-cap Investor Relations Blog

• Named as the Education Partner for the 17th Hindustan Times Leadership Summit taking place in New Delhi, India December 6-7.
• betterU will be announcing the launch of its new B2B software-as-a-service (SaaS) Enterprise Skills Platform to an audience of over 800 senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators and analysts

OTTAWA, Dec. 02, 2019 — betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU“) is pleased to announce that it has been named as the Education Partner for the 17th Hindustan Times Leadership Summit taking place in New Delhi, India December 6-7. betterU will be announcing the launch of its new B2B software-as-a-service (SaaS) Enterprise Skills Platform to an audience of over 800 senior politicians, bureaucrats, diplomats, business executives, thinkers, commentators and analysts coming together to hold ‘Conversations for a Better Tomorrow’, which is a foundational theme of this year’s event.

betterU’s CEO, Brad Loiselle, will share the stage with 23 global leaders including: https://www.globenewswire.com/NewsRoom/AttachmentNg/6413f09f-7e08-4517-8530-b8fc2f74d8dd

Mr. Loiselle has been asked to share his thoughts on the challenges and opportunities of continual reskilling and upskilling in corporate competitiveness, and what emerging technology companies like betterU are doing to address continual change and disruption. Mr. Loiselle will demonstrate betterU’s breakthrough B2B SaaS Enterprise Skill Platform, which will be showcased throughout the event.  

The Company is also pleased to announce that its B2B SaaS Enterprise Skill Platform will be a global offering open to enterprise clients in both developed and developing economies. betterU if offering special promotions to companies with 50 to 50,000 employees who wish to immediately participate as beta customers in advance of full commercial launch in early 2020. betterU greatly appreciates the opportunity to contribute to the 17th Hindustan Times Leadership Summit and to build awareness for the Company’s breakthrough B2B SaaS Enterprise Skill Platform.

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end skilling solution using artificial intelligence and skill automation designed for organizations who are seeking to skill, reskill or upskill their talent.

betterU has curated and collaborated with over 100 global organizations who has provided access to their content, technology and support the developed of skills assessments/reassessments, learning paths, and career development opportunities in betterU’s easy to use integrated platform. betterU’s eco-system includes full job / skill / employer / educational profile for essentially every country and every city with detailed job profiles (automation, skills, employers, etc) for 3,000 standardized jobs. They have also added taxonomy for 30,000+ skills with clustering and hierarchy and 30,000+ educational institutions and their individual programs mapped across Job / skill / talent profiles for millions of companies globally. The collaboration solution is the only way forward to solve mass skilling challenges for employers and employees globally.

We are helping India build better companies by developing better employees.

CONTACT INFORMATION

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

CONTACT INFORMATION

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

Speakers of Leadership Summit

Dec 6-7 Hindustan Times Leadership Summit. betterU is the Education Partner and CEO will be announcing new Enterprise Skill Platform

Edtech Startups Transforming The Way Indian Children Learn

• Many edtech startups today are leveraging the increasing literacy rate coupled with increased internet penetration
• These startups are trying to address the most important issue faced by the Indian education system

India has roughly 1.5 million schools, 38,000 colleges, and 760 universities as per MHRD. This translates into one school per 200 school-goers and one college per 3,700 college-goers. According to a report by management consulting firm Technopak in 2016, India’s education market is valued at $100 Bn while the digital learning market is estimated at $2 Bn. The report also said that the digital learning market is expected to reach $5.7 Bn by 2020 as the number of internet users is increasing.

Many edtech startups today are leveraging the increasing literacy rate coupled with increased internet penetration. These startups are trying to address the most important issue faced by the Indian education system, which is the lack of upgrade. By bringing in technology, these startups are trying to bridge the gap between rural and urban India as well.

Samsung-backed TagHive recently launched an AI-powered classroom engagement solution, Class Saathi, to make tech-based learning accessible and affordable for schools in rural India with little or no infrastructural investments. The Central Board of Secondary Education (CBSE) also partnered with Microsoft India and IBM to focus on tech reskilling for teachers and AI curriculum in schools. Through this, CBSE will be conducting capacity building programmes for high school teachers with an aim to integrate cloud-powered technology in K12 teaching and inculcating digital teaching skills in educators through the curriculum as well as extra-curricular training.

Source:https://inc42.com/buzz/india-ranks-fourth-in-providing-entrepreneurial-training-in-schools/

Samsung-Backed TagHive Enters India To Digitise Public Schools With Edtech Device And Platform

• TagHive has launched Class Sathi in two Madhya Pradesh districts
• The startup was a part of Samsung’s C-lab incubator programme
• TagHive aims to bring affordable digital learning to primary schools in rural India

In the Indian context, the education infrastructure and quality of learning has always come under scrutiny, especially due to concerns of outdated syllabi and teaching methods at the primary level in public schools.

Most edtech startups in India are looking to solve this by bringing learning to the mobile phone or PC, but that’s not always possible at schools in smaller towns and villages, which do not have the wherewithal to implement such high-tech solutions. That’s what TagHive is looking to overcome with its affordable edtech platform (device and software) for the Indian public and primary school market.

Suwon, South Korea-based TagHive has launched its flagship product Class Saathi in two districts of Madhya Pradesh. Tying up with the state government, TagHive’s Class Saathi mobile clicker solution and the companion app will be available across 13 schools in its two districts.

Founded in 2017 by IIT and Harvard alumni, Pankaj Agarwal, the startup for his innovation in the education segment has received funds from Samsung Ventures and Enlight Ventures. The startup was also incubated by Samsung’s internal C-Lab programme after the South Korean chaebol discovered Agarwal’s idea during his stint at the company.

Speaking to Inc42, the founder said that Samsung C-Lab supported TagHive with the necessary resources such as funding, workspace, technical support and culture-building through the incubation programme. “After 15 months of working on my idea at Samsung, it was chosen to be spun off as an independent company, TagHive. Samsung Ventures has put in seed capital of over INR 2.5 Cr,” Agarwal said.

The AI-powered classroom engagement solution Class Saathi aims to make tech-based learning accessible and affordable for schools in rural India with little or no infrastructural investments. The startup also aims to increase student participation and learning outcomes, while at the same time supporting and motivating teachers to improve their teaching methodology.

TagHive doesn’t just limit itself to teachers and students but also involves another key stakeholder in the education chain — the child’s parents. Agarwal said that this helps keep everyone in the loop about the student’s progress.

Source: https://inc42.com/buzz/samsung-backed-taghive-enters-india-to-digitise-public-schools-with-edtech-device-and-platform/

Edtech Startup Lido Learning Raises $3 Mn in Funding from Ronnie Screwvala, Others

• Mumbai based Edtech startup Lido learning has raised $3million as part of a Series A funding round
• Led by prominent investors like Ronnie Screwvala (Chairman Upgrad), Ananth Narayanan (CEO Medlife), Vikrampati Singhania (MD JK Tyres), Anupam Mittal (CEO Shaadi.com), Arihant Patni (MD Patni Wealth Advisors), amongst others.

By Vardaan

Mumbai based Edtech startup Lido learning has raised $3million as part of a Series A funding round led by prominent investors like Ronnie Screwvala (Chairman Upgrad), Ananth Narayanan (CEO Medlife), Vikrampati Singhania (MD JK Tyres), Anupam Mittal (CEO Shaadi.com), Arihant Patni (MD Patni Wealth Advisors), amongst others.

Founded in April 2019 by second time ed-tech entrepreneur Sahil Sheth, Lido Learning is revolutionizing traditional tutorials through immersive live small-group online tuitions. Lido caters to students from Class 5-9; offering yearlong coaching classes in Math and Science through an integrated online platform that combines unique interactive content with the best tutors from across the country.

“Ed-Tech is presently under invested but is a massive opportunity in India. Online tutoring is very nascent and Lido has a clear opportunity for market leadership with the strong product and tech it has developed. They are onto something very big here “, said Ronnie Screwvala.   

According to a Google-KPMG report, the online tutoring market is expected to grow dramatically in the next two years, to around 10 Million users by 2021. This is still only a tiny sliver of the Indian market that has over 250 million students currently enrolled in schools so that the potential for future growth is tremendous.  Lido’s ultimate goal is to provide a personalized learning experience to every student – 250 million unique classrooms for 250 million unique students.

Within 3 months of operations, Lido has gained incredible traction and is expanding rapidly across the country. 

Lido’s key value proposition is in its dynamic learning environment – interactive classroom, excellent teachers and supportive academic advisors. At the centre of this is the state-of-the-art online classroom with animated visual content, immersive games and quizzes with real-time results. Every class has a maximum student to teacher ratio of 6:1 to ensure that each student receives enough coaching, feedback and doubt clearance. Lido aims to build an entire learning ecosystem around students so to push them to their furthest achievement levels with academic advisors assigned to every student to mentor and coach them. Within a few weeks of learning on Lido, students are performing 20% better on classroom tests and are feeling more prepared and confident to participate in class.

Given its futuristic platform, engaging content and highly skilled teachers and mentors, Lido is expected to disrupt the existing K-12 ed-tech industry through a massive improvement in quality while being affordable to the average student. 

About Lido:

Lido Learning (Quality Tutorials Pvt Ltd) was launched in April 2019 by Sahil Sheth, offering live tutoring and personalized online coaching sessions to students from Class 5-9 in Math and Sciences from both CBSE and ISCE boards. The platform characterizes itself as an online immersive live tutoring platform for students including features like interactive sessions, engaging quizzes and immersive games. 

Every session has a maximum student to teacher ratio of 6:1 to ensure that each student receives enough coaching, feedback and doubt clearing. Within the classroom, students are grouped according to similar achievement levels to ensure that the in-class experience can be personalized as per pace and content. With advanced analytics and tracking, Lido can create unique learning journeys for every student. Based on their class performance, students are given customized homework, remedial help, and challenges to push their limits. 

Lido has pioneered gamification through ‘Learn for Rewards’ that tie learning outcomes to real-world prizes.

Source: https://www.indianweb2.com/2019/11/11/ed-tech-startup-lido-learning-announces-series-3-million-funding/?doing_wp_cron=1573573981.5977289676666259765625

Edtech Startups That Changed Learning Game In India

As the country observes National Education Day, let’s have a look at major Edtech startups that contributed to the revolution of online learning in India.

Written By Kunal Gaurav

As the country observes National Education Day on November 11 to commemorate the birth anniversary of Maulana Abul Kalam Azad, let’s have a look at major Edtech startups that have contributed to the revolution of online learning in India.

BYJU’S – The learning app

The Bengaluru-based educational technology, founded by Byju Raveendran in 2011 as Think and Learn Private Ltd, is the world’s most valued edtech company at $5.4 billion. It mainly runs on a mobile app that was launched in 2015. Though it trains students for competitive examinations such as IIT-JEE, NEET, CAT, it focuses primarily on school students from class 1 to 12. The concepts are explained through animated videos of 12-20 minutes. Think and Learn Private Ltd, which became a business case at Harvard Business School, also launched BYJU’S Math App for kids and BYJU’S Parent Connect app to help parents track their child’s learning course. 

Unacademy

Unacademy is a Bengaluru-based company that offers online education in India for several competitive exams but mainly focused on civil services examinations (CSE). It was started as a YouTube channel in 2010 which later turned into full-fledged venture in 2015. Anyone can register at Unacademy as an educator and create educational content for the platform. Unacademy won the Digital Start-Up of the Year award at the IAMAI 12th India Digital Summit. It has raised a total of $38.6 million in various funding rounds from investors with $21 million raised in a Series C round of funding from Sequoia India, SAIF Partners, Nexus Venture Partners and others.

Guru-G learning

Founded by Amruth BR, Anand Joshi, and Shivananda Salgame in 2013, the online platform works without the internet on its android application. The app generates lesson plans, logbooks, reports and also provides interesting analysis on student learning. Guru-G is also integrated with Diksha – a national teacher platform. According to the online platform, it has an impact on more than 3,20,000 students across 1200 schools. initially rolled out content in five languages, the platform now accommodates all Indian languages in the application. The app has been gamified for teachers and adapts to the mood of the student.

Source: https://www.republicworld.com/india-news/general-news/education-day-edtech-startups-that-changed-learning-game-in-india.html