Posted by AGORACOM-JC
at 2:45 PM on Tuesday, January 28th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
Edtech startup InterviewBit secures $20m from Sequoia India, others
Indian edtech startup InterviewBit has raised US$20 million in a series A round led by Sequoia India and Tiger Global, along with other investors.
Founded in 2015 by Abhimanyu Saxena and Anshuman Singh, the Bengaluru-based startup offers computer science courses through live online classes. Students are mentored and taught by tech leaders and experts working with companies such as Facebook, Twitter, and Netflix, among others.
Founded in 2015 by Abhimanyu Saxena and Anshuman Singh, the
Bengaluru-based startup offers computer science courses through live
online classes. Students are mentored and taught by tech leaders and
experts working with companies such as Facebook, Twitter, and Netflix,
among others.
The company plans to use the new funds to scale up its enrollment
efforts, launch in new markets, and invest in their curriculum and
live-teaching products, according to a statement.
In April last year, InterviewBit launched an advanced online computer
science program for college graduates and young professionals called
Scaler Academy (rebranded from InterviewBit Academy).
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The first batch from the program comprises of 200 students. Since
then, six more cycles of the program have been initiated, with one being
conducted in the US. The startup said it received a total of over
200,000 applications in nine months after the program’s debut.
According to a recent National Employability Report for Engineers,
the employability of Indian engineers continues to be as low as 20%.
With that in mind, InterviewBit said it designed the Scaler Academy to
effectively enhance the coding skills of professionals through a modern
curriculum that exposes them to the latest technologies.
“Within a short period of time, it has made a huge impact on the
capabilities of our students who spend, on average, four to five hours
per day on our online and live-learning platform,†said InterviewBit
co-founder Abhimanyu Saxena.
InterviewBit was one of the 17 startups that formed the first batch
of Surge, Sequoia India’s startup accelerator program. Surge invested US$1.5 million in seed money in each of the participating companies.
Posted by AGORACOM-JC
at 1:40 PM on Monday, January 27th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
The Top 5 Tech Trends That Will Disrupt Education In 2020 – The EdTech Innovations Everyone Should Watch
According to Deloitte, the Chinese education market should reach $715 billion by 2025 and was responsible for creating seven new billionaires.
The richest was Li Yongxin, who leads Offcn Education Technology that provides online and offline training for individuals who want to take civil service exams, but there were other EdTech business leaders represented. Here we consider the key technologies that underpin the EdTech revolution as well as the top 5 tech trends set to disrupt education in 2020.
Key Technologies that Underpin the EdTech Revolution
A discussion about the top tech trends that will disrupt education
must first begin with the technologies that will influence these trends.
Artificial intelligence will continue to fill gaps in learning and
teaching and help personalize and streamline education. As students
interact with connected Internet of Things (IoT) devices and other
digital tools, data will be gathered. This big data and analysis of it
is instrumental for personalized learning, determining interventions,
and what tools are effective. Extended reality, including virtual,
augmented, and mixed realities, helps create different learning
opportunities that can engage students even further. Education is
increasingly becoming mobile, and educational institutions are figuring
out ways to enhance the student experience by implementing mobile
technology solutions. Of course, this technology requires a capable
network to handle the traffic demands, and 5G technology will provide
powerful new mobile data capabilities. Finally, blockchain technology
offers educational institutions to store and secure student records.
Top 5 Tech Trends That Will Disrupt Education in 2020
1. More accessible education
There aren’t only financial considerations when speaking about how accessible education is. The UN estimates there are more 263 million kids globally who are not getting a full-time education.
While there are many reasons for this statistic, such as access to a
qualified educational facility, there are also issues with proper
materials, learning accommodations, and more. Online learning makes
education available to those even in remote areas as well as make it
easy to share curriculum across borders. EdTech solutions can overcome
many common barriers to a quality education.
Technology can improve access to education. Digital textbooks that
can be accessed online 24/7 won’t require transportation to get to an
educational facility or library during certain hours. Digital copies are
relatively cheap to produce, so textbook fees aren’t as taxing for
digital versions as they might be with physical versions that cost more
to create. Similarly, translating physical textbooks into all the
languages natively spoken is cost-prohibitive for publishers when they
are producing only physical copies of books. Digital versions make these
translations much more feasible.
Within the classroom, the ultimate accommodation for learning
differences is called differentiated learning. This allows students to
have learning that is tailored to their personal needs. This and
student-paced learning where students can move through and review
material at the speed they need is much more feasible when using
technology. There are also tech solutions for students who have physical
or learning disabilities.
2. More data-driven insights
Just like it does for other industries, technology can help
educational institutions and educators be more effective and efficient.
By analyzing the data about how digital textbooks are consumed, or
educational technology is used, valuable data-driven insights
for how to enhance learning can be attained as well as provide info to
make decisions about what tools aren’t effective. Technology, including
big data, machine learning, and artificial intelligence, will also allow
for more in-depth personalization of the content for an individual’s
learning needs. At the university level, data is no longer siloed into
individual department’s Excel spreadsheets but is consolidated at the
institution level, so insights can be extracted. With the assistance of
data-driven insights to readily see where students need more support and
what support is necessary, teachers are freed up to inspire students
and change lives.
3. More personalized education
While a personalized education
experience isn’t a novel concept, technology can make achieving it much
easier. Today’s classrooms are diverse and complex, and access to
technology helps better meet each student’s needs. Technological tools
can free teachers up from administrative tasks such as grading and
testing to develop individual student relationships. Teachers can access
a variety of learning tools through technology to give students
differentiated learning experiences outside of the established
curriculum.
4. More immersive education
Extended reality
encompassing virtual, augmented, and mixed reality brings immersive
learning experiences to students no matter where they are. A lesson
about ancient Egypt can literally come alive when a student puts on a VR
headset and walks around a digital version of the time period. Students
can experience hard-to-conceptualize current-day topics through
extended reality, such as walking among camps of Syrian refugees. This
technology enables learning by doing. Students are used to using voice interfaces
at home when asking Alexa to define a word when doing homework, but
this technology can also support learning and improve education in other
ways. Chatbots can deliver lectures via conversational messages and
engage students in learning with a communication tool they have become
quite comfortable with, such as what CourseQ
offers. Ultimately, if chatbots can make the learning process more
engaging for students and reduce the workload on human educators, their
use in education will continue to grow.
5. More automated schools
Many schools already rely on online assessments that are flexible,
interactive, and efficient to deliver. Automation will continue to alter
schools as more smart tools get incorporated, including face
recognition technology to take attendance, autonomous data analysis to
inform learning decisions so teachers don’t need to analyze data as well
as help automate administrative tasks. When a student interacts with
online technology, they leave a digital footprint that informs learning
analytics. But automation will also help control building costs by
automatically controlling lighting and heating/cooling systems and to
help keep students safe with automated school security systems.
Tags: CSE, edtech, india, online education, stocks, tsx, tsx-v Posted in betterU Education Corp | Comments Off on The Top 5 Tech Trends That Will Disrupt Education In 2020 – The #EdTech Innovations Everyone Should Watch SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca
Posted by AGORACOM-JC
at 11:30 AM on Thursday, January 23rd, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
Edtech Startup Eupheus Learning Raises $4.3 Mn To Scale Operations
The funds will be used to increase nationwide presence, develop new product offerings etc
It will also start its operations in the Middle East
The company claims that in H1 FY20, it recorded a 3x increase in revenues
New Delhi-based edtech startup Eupheus Learning, on Thursday (January
23), announced that it has raised $4.3 Mn (INR 30 Cr) in its Series A
funding round. The investment is a mix of equity and venture debt, which
was led by Yuj Ventures.
Other investors in the round included Sixth Sense Ventures.
The funds will be used to increase nationwide presence, develop new
product offerings, and expand the team. The company said it will also
start its operations in the Middle East and drive international
expansion in other markets.
Eupheus Learning was founded in 2017 by Sarvesh Shrivastava, Rohit
Dhar, Ved Prakash Khatri, and Amit Kapoor. Operating across the Pre-K to
Class XII segments, Eupheus offers products in all subject areas and
packages both the curriculum and homework tracking tools in phygital
form.
Sarvesh Shrivastava, managing director of Eupheus Learning said, “The
online education segment in India is primed for massive growth, as the
next generation of children enter classrooms across the country. By
leveraging the power of technology, we’ve been able to bridge the divide
between in-school and at-home learning and offer a seamless, end-to-end
learning experience.â€
The company claims that in H1 FY20, it recorded a 3x increase in
revenues compared to the same period last year. It also said that it
expanded its geographical presence to 70 cities in India from 52
earlier. The team has also grown to 175 employees as it has also forged
new alliances with four international education players, taking its
roster of global partnerships to 17.
“We are impressed by the founders’ experience, the previous track
record of developing cutting edge content at Britannica, and the manner
in which they have scaled Eupheus in a profitable manner in the last two
years in a competitive market,†said Madhav Soi of Yuj Ventures.
Digital evolution and the boom in smartphone adoption are expected to
define the way Indian students learn. Real-time book updates, online
tutoring, edutainment, online test preparation, web-based research, and
gamification — technology has changed our traditional education system
in more ways than one.
Posted by AGORACOM-JC
at 10:30 AM on Monday, January 20th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
Budget 2020: Let’s grow both edtech and skill-tech
B-Schools, and the education industry in general, expect Budget 2020
to offer robust remedial solutions that are aligned with the vision of
creating a thriving education ecosystem
We hope the government will roll out incentives to provide impetus
to the activities and subsequently to the growth of edtech as well as of
skill-tech enterprises
By Vibhava Srivastava
Budget 2020 India: In Union Budget 2019, finance minister Nirmala
Sitharaman proposed the New Education Policy (NEP) that acknowledged the
importance of promoting skill development through schools as well as
higher education with an emphasis on technology, including machine
learning, artificial intelligence, big data analytics. The draft NEP
2019 envisioned preparing students not only to seamlessly merge with the
workforce of tomorrow, but also to be in sync with evolving needs of
Industry 4.0.
However, the said draft has a number of missing dots. It neither
addresses current challenges (structural unemployment, decreasing job
security, rise of gig economy), nor it suggests any mechanism to
overcome these challenges. The upcoming Union Budget is an opportunity
for the government to right its past wrongs.
B-Schools, and the education industry in general, expect Budget 2020
to offer robust remedial solutions that are aligned with the vision of
creating a thriving education ecosystem. We hope the government will
roll out incentives to provide impetus to the activities and
subsequently to the growth of edtech as well as of skill-tech
enterprises. Such incentives along with funding provisions will create
space for collaboration amongst the eminent B-Schools and industry. This
will provide a boost to the industry’s sluggish growth.
The author is assistant professor, Marketing, MDI Gurgaon
Posted by AGORACOM-JC
at 9:15 PM on Sunday, January 19th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
How Edtech became personalised in the 2010s
The internet is being used to reach this diverse population in the remotest corners, and advanced tech is being used to create new learning experiences
If we look at the new technology accessible to teachers and students today, then we would agree that the accepted way to teach and learn has changed
The integration of technology started with improving classroom
experiences and reached adaptive learning platforms that students can
personalise, says Toppr’s Zishaan Hayath
We are in an era where unprecedented ideas are unfolding in education, driven by technology. Digitising learning content has been imperative, keeping in mind affordability, accessibility and inclusiveness of the large trainable youth population. The internet is being used to reach this diverse population in the remotest corners, and advanced tech is being used to create new learning experiences. If we look at the new technology accessible to teachers and students today, then we would agree that the accepted way to teach and learn has changed. It is undeniable that education has evolved so much, and technology has opened up the world a lot for both students and teachers. In this article, we explore the journey of edtech through this decade that saw it evolve from smart classes to personalised learning apps on smartphones.
EDTECH SOLUTIONS WERE DESIGNED AROUND IMPROVING THE CLASSROOM EXPERIENCE AND HELPING TEACHERS
Integration of technology in the learning and education system is
evidently the greatest change in education in the past decade. The
earliest technology innovations for schools were created around
providing software and hardware to make the classroom experience better.
More emphasis was put on the use of rich multimedia content as a
teaching tool inside classrooms. We saw more and more teachers making
use of overhead projectors and videos during their lessons. This was
then considered to be a revolutionary in-classroom technology,
leveraging a large repository of digital content across virtually all
subjects from kindergarten to Class 12. This new technology helped
schools with better educational resource planning and helped teachers
with better lecture delivery. Performance management and tracking
systems enabled teachers to measure the progress of students
systematically. Such classrooms were called “smart classesâ€. Progress in
technology, however, has led to much more.
INTERNET SHIFTED FOCUS FROM CLASSROOMS TO VIRTUAL CLASSROOMS WITH DIGITISED CONTENT.
Smart class solutions faced challenges like high set-up cost,
hardware maintenance and non-payments by institutions. As a result,
edtech companies started moving to asset-light models. Digitisation of
learning material and availability on platforms, including YouTube,
followed the wave of smart classes. Internet penetration made everything
easier and faster, enabling students to access digital study material
that was informational and interactive and could be accessed anytime,
anywhere. The gap in the ability to access high quality learning
material was shrinking. This boom in digitisation of content helped
scale the concept of pre-recorded online classes in India. The
availability of fast internet connections and easy access allowed
students to be more informed and open to new avenues. ‘In jobs, expertise from experience is no longer critical’
Students were able to take on-demand classes without having to attend
any physical classes. For students, this improved affordability, while
reduced travel time allowed them to study at their own pace and time.
EDTECH STARTED GROWING EXPONENTIALLY WITH LEARNING APPS
As students started accessing learning material over the internet, it
gave rise to a new opportunity. Newly introduced learning apps started
providing content at one place, which was otherwise scattered. The
content was now organised and designed around a teacher’s pedagogy.
Online courses developed by proficient tutors gave students the
experience of real-time learning while sitting in the comfort of their
homes. Edtech saw growth in many disciplines, including primary and
supplementary education, test preparation, reskilling and online
certifications, and language learning. Global institutions started
running online certification courses powered by edtech that helped in
course delivery, examinations and assessments. Indian entrepreneurs made
an impressive effort in following and customising the global trend of
digitisation of the education system. Increasing awareness and higher
disposable income boosted the edtech market and it attracted significant
investments from Indian and global investors.
PERSONALISED LEARNING MARKED THE NEW AGE OF EDTECH
The second half of the last decade saw the use of advanced
technology. Cutting edge tech, including artificial intelligence (AI)
and machine learning (ML), gave rise to education platforms that
addressed the basic problem of the education system of India—the
one-size-fits-all-approach. With a typical classroom having a
teacher-to-student ratio of 1:50, the quality is often compromised and
that’s where technology is useful. Adaptive learning platforms using AI
and ML create personalised learning paths helping students study in the
way they best understand, thus enabling them to learn as per their
needs. Gamification in learning has helped engage students in a
meaningful way, making them genuinely interested in their subject
matter. Why companies will have to fill digital skill gaps soon: Wipro’s Saurabh Govil
Cloud-based learning is fast emerging as the medium to make
personalised and high quality learning available to all students. Live
classes with teachers can be conducted on such platforms, along with
pre-recorded video classes, where the students can access the material
on their own time. Students can now reach out for academic help 24×7.
This is quickly changing the possibilities of delivery mediums when it
comes to affordable access to high-quality learning.
CUSTOMER ACQUISITION AND RETENTION WOULD BE KEY CHALLENGES TO FURTHER GROWTH
Availability and access to the internet are important for all of
these technologies to become relevant to end-users, i.e. students and
teachers. The number of people accessing the internet has grown manifold
over the last decade. However, for a society like India where the
culture of coaching classes is deep-rooted, it is challenging to drive
the adoption of edtech platforms as an alternative. Students, parents
and teachers need to be better informed of the benefits of edtech.
Startups are trying various business models, including free, freemium
and premium subscriptions to drive usage and trial. However, there is a
lot of ground to be covered. As this decade ends, we recognise that the
Indian education system has evolved fast, along with global trends.
Technology has also enabled streamlining of the learning experience,
improved accessibility and offered new resources to students. And there
is only more to come. With one of the largest populations in the world,
stronger implementation of AI and ML will help bring truly adaptive and
personalised platforms addressing the real learning needs of students
and professionals. Edtech is all set to give more accessible,
high-quality and personalised learning and prepare the leaders of
tomorrow.
Posted by AGORACOM-JC
at 4:03 PM on Thursday, January 16th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
2020 vision: edtech in 2020 with John Ingram
Thursday 16th January 2020
Q. What should schools, colleges and universities be focusing on for 2020?
Certainly, from our experience working with schools, they need
to be supported more when it comes to training teachers to use
technology. We find that teachers are usually keen on the idea of using
new technologies in the classroom, but that implementation needs to be
handled with greater care. Tech in UK classrooms often goes unused,
which ultimately means that millions of pounds are potentially going to
waste. Colleges and universities are making better progress on training
teachers to use technology, so I’d like to see more improvement at
school level.
Q. What, if any, policy changes would you like to see in education this year?
It was encouraging to hear the government announce new measures
to help boost the nation’s skills and transform technical education,
such as providing up to £120m to establish up to eight more Institutes
of Technology. However, many of the measures aimed at boosting the UK’s
productivity and building a skilled workforce are targeted towards
further education, so it would be great to see some more focus given to
schools.
It would also be great to see some progress around the UK Youth Parliament’s campaign for A Curriculum for Life.
Young people are calling for the education system to do more to prepare
them for life after school and college – a critically important area
that often flies under the radar – and it’s important that they are
heard.
Q. If you could pinpoint one area of improvement for the education sector during 2020, what would it be?
If I had to choose one area, it would be improving the way we
treat and support teachers, addressing serious problem areas such as
excessive workloads and teacher retention.
There are many tools on the market that can help with
onerous non-teaching tasks such as marking, assessment and lesson
planning. The challenge is to ensure that schools are made aware of the
best of these, so that they can spend their tight budgets wisely.
Schools are often tasked with helping reduce teacher workload
and ensuring staff retention, but this can be difficult against a
backdrop of increasing budget cuts and Ofsted pressures.
I believe edtech can play a role here. There are many tools on
the market that can help with onerous non-teaching tasks such as
marking, assessment and lesson planning. The challenge is to ensure that
schools are made aware of the best of these, so that they can spend
their tight budgets wisely.
Q. Is there a particular area within edtech that you think should be the main focus for 2020?
I think adaptive learning and targeted education are set to
feature prominently in 2020 – there are many platforms out there making
big strides, but there’s still a long way to go. The end goal is for
classrooms to have adaptive learning platforms that retain the benefits
of learning in a group (social skills, motivation, etc) and combine this
with fully personalised instruction. We’re making progress towards
this, but fully moving away from ‘one-size-fits-all’ learning, and
inflexible learning pathways, will take time.
Separately, I’d also like to see more of a push towards
technology being used at earlier ages in schools, so that comfort and
familiarity with using tech amongst students and teachers is embedded
early on. Nevertheless, no matter what technologies are introduced, we
must bear in mind that not everyone is a technophile. For edtech
adoption to take off, schools and universities must work to adjust
internal cultures so that they are open to advancements.
Posted by AGORACOM-JC
at 10:30 AM on Wednesday, January 15th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
Matrix Partners backs edtech startup Toddle
Educational technology startup Toddle has raised its first institutional funding round, led by Matrix Partners India.
Better Capital and angel investors such as Swiggy co-founder Rahul Jaimini also participated in the capital raising, Deepanshu Arora, cofounder of Toddle told ET, without disclosing the funding amount.
Educational technology startup Toddle has raised its first institutional funding round, led by Matrix Partners India.
Better Capital and angel investors such as Swiggy co-founder Rahul Jaimini also participated in the capital raising, Deepanshu Arora, cofounder of Toddle told ET, without disclosing the funding amount.
Bengaluru-based Toddle, which helps teachers streamline curriculum planning, documentation, parent communication and analytics, was founded last year by Arora and Parita Parekh.
Arora and Parekh earlier ran a network of pre-schools in Ahmedabad, Mumbai and Hyderabad. Toddle says it has more than 10,000 teachers on its platform.
“Today’s teachers are very tech-savvy and use technology for a variety of needs. The struggle is that they have to juggle between multiple tools to solve for these needs. Our goal is to simplify the entire teaching and learning cycle with one seamless and intuitive solution,†Arora said.
The company plans to use the money to cater to more educational segments.
“Having been educators themselves, the Toddle team has built a product that is revolutionizing the way teachers plan, interact and collaborate with other teachers, students and parents,†said Rajat Agarwal, Director, Matrix India.
The Indian ed-tech market is expected to reach $2 billion by 2021, according to a report by KPMG and Google.
Posted by AGORACOM-JC
at 11:54 AM on Tuesday, January 14th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
Top edtech trends to rule India’s virtual learning space in 2020
Today’s educators are completely aware of the fact that the 21st-century student is no longer receptive to the practice of offline learning, which limits them to textbooks and classrooms
Rather, they prefer online channels that are easily accessible and give them a much wider choice of self-learning. According to a recent KPMG report, the online education industry is anticipated to gain a user base of 9.6 million by 2021 as compared to 1.6 million in 2016
By Akhand Swaroop Pandit, Founder and CEO, Catalyst Group, Online Learning Platform.
Since time immemorial, we have been acclimatised to attain our
educational goals through classroom-based learning, which is majorly
based on a theoretical exam-driven system. From the very childhood, this
archaic system pushes us to focus on scoring well, instead of
practically understanding the concepts. However, now that this belief is
changing with the advent of various online learning tools, educators
are rapidly adopting online learning pedagogies, which involve the right
mix of offline as well as online learning techniques.
Today’s educators are completely aware of the fact that the
21st-century student is no longer receptive to the practice of offline
learning, which limits them to textbooks and classrooms. Rather, they
prefer online channels that are easily accessible and give them a much
wider choice of self-learning. According to a recent KPMG report, the online education industry is anticipated to gain a user base of 9.6 million by 2021 as compared to 1.6 million in 2016.
In fact, the scope of online learning is not only limited to school
and competitive exams but has gone beyond these boundaries. A large
number of online players have forayed into upskilling – helping job
seekers acquire new skills and prepare for today’s evolving job market.
That said, the education system in India is surely reshaping by leaps
and bounds and is turning into a student-friendly ecosystem that
focusses mainly on fostering effective learning.
On the back of
this transformation, the education industry is witnessing several
trends, and this is just the beginning! Here’s an outlook on the top
trends that India is likely to witness in 2020:
Personalised learning
For ages, it has remained a challenge for educators to assess each
and every student in the classroom. Even the practice of parent-teacher
meeting has not been much of a success. However, players in the online
learning space are highly focused on addressing this challenge. With the
kinds of online tests these players conduct and the way they leverage
the digital footprints of users, it has become both easy and efficient
to cater to the needs of students as emphasising on their strengths and
weaknesses that they would need to work upon.
Artificial intelligence (AI)
Although not every new to the human ears, AI is certainly redesigning
the path of online education by automating and making the process more
engaging than ever. The integration of AR and VR in the online space
significantly adds an audio-visual factor to the overall learning
process with elements such as 3D designs, animations, and sign
languages, among others – making learning fun for both students and
educators. It is clear how education has come out of the textbooks and
is leaving digital imprints on the minds of learners, which was not the
case a few years ago.
Gamification
While video games were one of the major causes why children once got
scolded by parents, gamification has emerged as a new kind of learning
technique that is widely being adopted and accepted by educators. A
large number of players in this space are gamifying different concepts
that can help students enhance their problem-solving power, retain
information and improve their overall performance in a very engaging and
fun-learning manner. Even in schools, this technique has been adopted
by educators to teach valuable skills that they will need to fit into
future job roles.
Mobile-based learning
With smartphones becoming an all-time tool for students to gain and
collect information from the internet, edtech players are rapidly
developing mobile-based content and online study materials that are
easily accessible, anytime and anywhere. By leveraging tech advances,
these new-age educators are able to expand their reach even to the rural
geographies, where imparting education has majorly been an age-long
challenge.
Video-based learning
Gone are the days when coaching classes were only seen as offline
tutoring sessions. With mentors and educators coming online, students
are now enabled to access the same offline sessions through online
platforms, on their smartphones. The best part about video-based
learning is that it can be replayed an infinite number of times, which
naturally eliminates the probability of missing anything associated with
the subject. Not only do students get access to live online lectures,
but they also have the choice of watching a wide variety of rich and
well-researched videos related to their respective subjects.
With the rise of technology disruptions, the future of online
learning seems promising and filled with a barrage of opportunities for
edtech players to innovate further. Not only are these new-age platforms
ensuring quality education to student masses, but also making sure that
learning reaches to every corner of the country. The aforementioned
trends are gaining wider adoption and are already being implemented by
several educational institutions across the country. Besides, it is
anticipated that these advances will slowly but surely help India turn
into a digital-first nation and make its citizens smart enough to secure
future jobs, which would be largely driven by technology.
Posted by AGORACOM-JC
at 12:00 PM on Monday, January 13th, 2020
SPONSOR: BetterU Education Corp.
aims to provide access to quality education from around the world.
The company plans to bridge the prevailing gap in the education and job
industry and enhance the lives of its prospective learners by developing
an integrated ecosystem. Click here for more information.
How Edtech Can Fill Gaps In Quality Education In Tier-3 Cities?
A majority of young Indians, mostly belonging to Tier-3 cities, are deprived of quality education due to a lack of accessible educational infrastructure and resources
Lack of committed educators, unavailability of textbooks, and a dearth of credible coaching centres are among a few of the problems underserved Indian students have to deal with on a daily basis
While there is some merit to heeding to
your relatives’ advice of devoting more time to “self-studyâ€, for a
large number of students across the country it happens to be a singular
necessity and unfortunate compulsion. A majority of young Indians,
mostly belonging to Tier-3 cities, are deprived of quality education due
to a lack of accessible educational infrastructure and resources. Lack
of committed educators, unavailability of textbooks, and a dearth of
credible coaching centres are among a few of the problems underserved
Indian students have to deal with on a daily basis.
The absence of quality coaching centres
in Tier-3 cities in India is a major reason why multiple youths
preparing for competitive examinations like UPSC choose to migrate to
Tier-1 and Tier-2 cities like Delhi, Nagpur, Pune, Jaipur,
Mumbai, etc., in search of better learning prospects. However, in
addition to offering greater learning resources and opportunities, and
an improved lifestyle overall, the expense of living in metro cities
also puts a magnified financial burden on to these students. Besides
paying the fees of the institution they join, the basic outlay of living
(surviving) alone, which includes food and rent of hostels or PGs,
becomes unmanageable for all youths not belonging to the affluent class.
Add to this the expenditure of buying study material and conveyance, at
the minimum. All of these expenses together end up causing the students
to go in debt.
The financial aspect aside, the teaching
institutes and coaching centres accommodate a very large number of
students and the curriculum in these places is designed to cater to
those who are either fast-learners or those who have already had a solid
academic foundation. A lack of individual teaching approach aimed at
educating each and every student based on their individual learning
abilities and sensibilities causes a majority of at-risk students to
struggle with mental health problems. Impersonal teaching methods of the
teachers bent upon drilling information into the students’ heads
further adding to the tribulations of most of these students who find it
difficult to cope with the vast and fast-paced nature of the syllabi.
It is here that EdTech presents itself as an impeccable solution to all of these problems.
By providing a personalised learning
experience to students, EdTech platforms enhance their methods of
self-study and self-assessment. Since most of the EdTech platforms
contain video lectures on the same topic by multiple instructors, a
student can choose to watch the video most agreeable to his or her
style. The most empowering featuring of video lectures when compared
with in-classroom lectures is that a video can be played, re-played, and
paused as many times and as per the convenience of the viewer. Thus, a
student can watch and re-watch a lecture until they get the wholesome
understanding of a concept, something that is not possible in real-time.
This feature comes as a boon for shy
students who find it difficult to engage in discussions during a
lecture. For most youths, the overcrowded classroom atmosphere can feel
overpowering and even suffocating. E-learning tools can solve their
problem by letting them hold one-on-one interactions with senior
students or subject experts over the cyberspace. In this way, online
engagement gives a student a way out of the limiting classroom
environment to get their queries resolved on their own terms as suits
them best without them having to follow rigid classroom schedules that
run on express speed.
In addition to these facilities, most
EdTech platforms also leverage advanced AI-based technologies like data
analytics, machine learning and deep learning to map a student’s
learning journey and produce recommendations accordingly. The e-learning
platforms can then use this data to come up with personalised test
series and assessment plans for individual students. Simultaneously,
students can also utilize this facility to make self-assessments and
accordingly work upon their weaknesses and strengths with respect to
each subject.
EdTech is already disrupting the
education sector the world over on the back of its exceptional
accessibility, efficiency, and unparalleled convenience. For students
belonging to a developing country like India, EdTech comes as both a
welcome extension and a much-needed alternative to the existing
educational infrastructure.
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The Major Edtech Trends In 2020, According To VCs In India
Indians spend tens of billions on education every year
With disposable incomes continuing to rise, there is a massive prize for the startups that achieve success in this space
According to Anirudh Damani, managing partner, Artha Venture Fund, the key to success for an edtech startup will be to sell directly, thereby keeping a short feedback loop
India, being one of the youngest countries in the world and boasting a
rapidly-growing startup ecosystem, offers a widely untapped opportunity
for many sectors, both locally and globally. Venture capitalists have
gravitated to the Indian market in great numbers in the past decade to
pour capital into this opportunity, pushing startups towards scalability
in every sector. Edtech is no different, and in recent years, this
sector has become one of the biggest opportunities for tech startups in
the Indian context.
As Unitus Ventures’ senior associate Sunitha Viswanathan told Inc42,
the large market of close to 250 Mn students in the K-12 segment and
over 10 Mn youth graduating every year mean that India is the land of
massive potential for edtech disruption.
“Given the huge lopsided teacher: student ratio, this can only be
solved by using tech. Hence, there is a necessity more than a choice.
And rightly so,†she added.
While we spoke to edtech startups about the trends
they expect to observe in 2020, we also wanted to take the VC view and
what they expect from the ecosystem in the new year. What will be the
factors that make or break edtech startups in 2020.
Factors For Success In Edtech
Indians spend tens of billions on education every year. With
disposable incomes continuing to rise, there is a massive prize for the
startups that achieve success in this space. According to Anirudh Damani,
managing partner, Artha Venture Fund, the key to success for an edtech
startup will be to sell directly, thereby keeping a short feedback loop.
“That will allow them to innovate faster, adapt, and cater to their
end-user requirements quicker. Therefore, in my opinion, selling
directly to end-users is the key to creating success in the edtech
space,†he added.
Sajith Pai,
director, Blume Ventures further said that the increased focus on
regional language learning and data analytics will play an important
role in the success of edtech startups in 2020, just like it did in
2019.
Edtech’s Focus On Increasing User Adoption In 2020
Omkar Kulkarni,
the head of GMC Calibrator (Gray Matters Capital’s Digital Accelerator
Program, suggests four areas that edtech startups in India need to focus
on in the near future:
Gain engagement by learning insights through user behaviour analytics
Highlighting common user patterns to improve product and monetisation at early stage
Cut reliance on digital marketing to reach out to users
Deliver content through a human-centric design process to increase engagement
Blume’s Pai further added that products that teach with a mix of
technology and human intervention will be able to generate faster
adoption while keeping costs low and scalability high.
“Also, college admissions and employability are becoming highly
competitive and thus big stress points for parents and students. Thus,
education platforms that can create FOMO among students (or parents) –
either by having a large number of students on board or by having the best students onboard, attract more customer adoption faster,†Pai told Inc42.
Pranjal Kumar,
CFO and head of Education Fund at Bertelsmann, believes that being
outcome focussed i.e. credentials, test results, job placements etc will
deliver a higher chance of success for edtech startups. “High-quality
product with high average-order-value and the right balance of online
and offline, depending on the target learner and segment of education
should be the focus in the near future for edtech startups.â€
7 Trends For Indian VCs In Edtech In 2020
Indian edtech startups are currently focussing on all fronts — B2B,
B2C, B2B-B2C and C2C. The most prominent sub-sectors have been test
preparation, online certification, skill development, online discovery,
STEAM kits, and enterprise solution among others.
According to Datalabs by Inc42, in terms of
the number of unique edtech businesses funded between January 2014 and
September 2019, skill development-focused startups have been the most
preferred. However, capital inflows into the test preparation and online
certification segments are comparatively higher. Together, these two
sub-sectors make up for 91% of the total funding in edtech startups.
This shows an imbalance in terms of business models in the Indian edtech
ecosystem.
However, according to Bertelsmann’s Kumar, a few more models are
expected to see a lot of innovation in the near future. He said
bootcamps with or without job assurance, higher education, online
programme management models, K-12 tutoring will be huge markets and are
currently starved of quality teaching both in curricular as well as
co-curricular subject.
Here’s what VCs told us to expect in 2020.
Skilling Startups
The pace of change in technology continues to accelerate. Therefore,
education is no longer just the standard 12+4+2 experience. There’s a
need for continuous education that will re-skill or up-skill the workers
of today for the challenges of tomorrow. Startups that provide
platforms to teach, train, and engage the working population to improve
their skills will do very well.
AI Transformation
AI in edtech can help understand better how learning actually
happens. If we can understand how one learns the steps in quadratic
equations, then this can be used in classrooms by teachers to deliver it
more effectively. This will help define pedagogy more tightly
OTT Educators
Even though we hear a lot of buzzwords like artificial intelligence,
virtual reality and blockchain, it is the exponential increase in
viewership of the likes of TikTok, YouTube and other OTT platforms that
will see a trend of content creators delivering educational content on
OTT platforms to improve discoverability, reach and scale.
Parents To Invest More
Another challenge for edtech platforms is the cost aspect for
families. As far as high school education is concerned, VCs see parents
getting more accustomed to spending on tech products for cognitive
learning as well as a change in focus of parents from traditional
curriculum to 21st-century skills.
Unbundling Of Education
Don’t hope for an edtech superapp. Venture capitalists see startups
providing customers (students and teachers) specific standalone services
(test prep, counselling, professional and vocational training among
others) rather than a combined / bundled product which does it all.
Vernacular Learning
Just over 10% of India’s population can speak English. To build large
businesses that can capture greater value, incorporating vernacular
learning is key. As seen in the OTT, media and entertainment space,
regional language learning will be one of the biggest trends in 2020,
according to the VCs that Inc42 spoke to.
Learning for ‘Yearning’
Learning programmes that cater to non-professional interests, or those that work with passion projects and hobbies will see an uptick according to investors. These may or may not lead to employment-related outcomes, but will be about holistic individual skill development, which will be critical for the edtech ecosystem as well as startups at large.