CURRENT AFFAIRS

Detailed explanation-1: -Officially launched at EdTech Europe in June 2015, startup accelerator EDUGILD, a part of MIT Pune University and the brainchild of Dr Sunil Karad, Managing Trustee of MIT Group of Institutions, Maharashtra, aims to infuse promising edtech startups with long term value.

Detailed explanation-2: -Byjus. Byjus is so far one of the best ed-tech companies in India. Even though it started after Unacademy, Byjus has the highest market valuation in India. Founded by Byju Raveendran and Divya Gokulnath, the company’s primary goal is to deliver education to K-12 (Kindergarten to 12th Class) students.

Detailed explanation-3: -Vedantu. Vedantu is among the fastest growing EdTech Startups based in Bangalore. It was just founded 6 years before and currently has more than 30 million users across 1000 cities.

Detailed explanation-4: -Aptus Learning is an ed-tech company that offers post-graduation diplomas, certification courses, as well as industrial training in the niche field of Data Science. they also provide job opportunities in the data and analytics domain.

Detailed explanation-5: -Think & Learn Pvt Ltd, the world’s most highly valued edtech company, which operates the education platform Byju’s, is also the most expensive edtech company for global investors after its revenue multiple soared due to lower revenue in FY2021 (2020-2021).