India’s largest startup funding platform opens with Rs 65 crore corpus

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On the IIM Calcutta Alumni Association and IIM Calcutta Innovation Park-backed platform, promising companies can pitch their business ideas to 5,000+ angels and 7+ institutional investors who have committed a corpus of over Rs 65 crore.

Clarion Call 5.0, India’s largest startup funding and mentoring platform a corpus, is now accepting applications. With new-age entrepreneurs coming up with novel ideas to solve distinct commercial, consumer, and technology concerns, India’s startup ecosystem has grown exponentially in the last half-decade.

However, there are numerous problems associated with entrepreneurship, such as funding, team building, legislation, and so on.

Clarion Call was created and launched in 2016 to assist creators in overcoming these challenges.

Prior to this next version 5.0, the IIMCAA organized four editions of Clarion Call (CC). This year’s highlight is the opportunity for promising companies to pitch their business ideas to 5,000+ angels and 7+ institutional investors who have committed a corpus of over Rs 65 crore.

The IIMCAA-M is a non-profit organization that is organizing this event with the goal of creating a platform and a program that will provide outstanding and deserving entrepreneurs with access to investment, incubation, mentoring, as well as visibility, prizes, and credits. According to the official website, CC 5.0 will be a virtual event that does not require any travel or face-to-face encounters to participate in.

Winners will be able to obtain investment at an early stage and find the necessary guidance to help their businesses expand quickly.

The top 20 finalists will be incubated with a variety of partners, including IIM Calcutta Innovation Park, BSE Incubator ZONE Startup, and others.

Finalists would not only interact with possible investors, but they would also be exposed to industry experts and IIMCAA mentors. The initiative invites renowned IIM alumni from around the world to mentor the finalists and help the startup ecosystem.

Subrat Pani, Co-founder of OneAssist, Member of the IIMCAA-MUMBAI, and Lead Organiser of Clarion Call 5.0, spoke on the impending event.

“With Clarion Call, we hope to keep IIMC alumni linked and to explore the new business ideas being developed in our country. Its goal is to contribute to the ecosystem by giving support and acceleration for these ideas to thrive and prepare for their next stages in the market. This year is the 5th edition of Clarion Call, and we are excited to see several great entrepreneurs receive well-deserved funding. Through Clarion Call, we at IIMC hope to bring complementary knowledge, experience, and networks together to help businesses accelerate. With our forum’s continued success and the funding of start-ups, the hype surrounding the event is growing.”

Ashish Chauhan, MD and CEO of the Bombay Stock Exchange (BSE) and Honorary President of the IIMCAA-Mumbai, stated, “It’s a fantastic idea for IIMC alumni to stay connected and contribute to the ecosystem. We are all looking forward to a successful Clarion Call 5.0, so come and register with us and watch your concept become a success!”

The application deadline is April 30th, 2022 (Midnight IST).

Twitter CEO Parag Agrawal may get $42M if fired after Elon Musk deal

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Elon Musk has struck a deal to acquire Twitter.Twitter CEO Parag Agrawal would receive $42 million if he will be fired after the acquisition.

On Monday, entrepreneur Elon Musk agreed to buy Twitter for $44 billion, thereby terminating the business’s existence as a public company since 2013.

According to research firm Equilar, Twitter Inc CEO Parag Agrawal would receive an estimated $42 million if he were fired within 12 months of a change in power at the social media business.

Musk expressed his lack of confidence in Twitter’s management in an April 14 securities filing.

According to an Equilar spokesman, the estimate comprises a year’s worth of Agrawal’s base pay plus accelerated vesting of all stock awards, based on Musk’s offering price of $54.20 per share and clauses in the company’s latest proxy statement.

A spokesman from Twitter declined to comment on Equilar’s assessment.

Agrawal had previously served Twitter as its chief technical officer. But, in November, he was named CEO and his overall pay for 2021 was $30.4 million, primarily in stock awards, according to Twitter’s proxy.

NEET PG 2022 Aspirants say they will have to surrender medical degrees

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Aspirants of National Eligibility cum Entrance Test (NEET) PG 2022 want the exams to be postponed. Doctors say that they will have to surrender their medical degrees to the government.

Aspirants for the National Eligibility Cumulative Entrance Test (NEET) PG 2022 have submitted a letter to President Ram Nath Kovind requesting that the tests be postponed.

They have stated that the NEET PG counselling 2021 is not yet complete, and that the test for the next year would commence soon.

While the application forms are now available, doctors who passed the NEET PG 2021 test claim that if they wait until the NEET PG 2021 counselling is over, they will lose the opportunity to apply for the NEET PG 2022. Doctors claim they will be forced to hand over their prestigious medical degrees to the government.

They also stated in the letter that the exam bodies are harassing them and that there is no one to show empathy or compassion to them.

The NEET PG 2022 exam is set to take place on May 21. NEET PG is an entrance test for postgraduate medical education. The admission test is open to practicing doctors and recent MBBS graduates.

The letter continues, “We selected this profession to serve our country and people; little did we anticipate that we would be hounded by exam bodies like this. We are being mentally tortured by the NMC (National Medical Council) and the NBE (National Board of Examination) as a result of their mishandling.”

We are not at fault, but we are suffering as a result of the chaotic bodies such as the NMC and NBE “it went on to say

As many as 5000 interns are disqualified to take the exam because they served during the Covid-19 pandemic.

Furthermore, the National Medical Commission (NMC) requires a reasonable amount of time between one session’s counselling and the following exam. This year, though, is not one of them, as the students  say counseling will end on May 3 and the exam will be held on May 21, leaving a small gap between the two, which is “unfair.”

They also stated that the last year’s exam counselling schedule was revised seven times this year.

“According to NMC policy, there must be a sufficient space between Counselling of one session and the next examination.”

However, this year’s all-India counselling will complete on May 3, 2022, and state counselling will begin, which may last till the middle or end of the year. The exam is set for May 21, just a few days after All India Counselling concludes.

This is clearly unfair,” the letter stated, adding that NMC is “adamant” about not modifying the exam date because the academic term is set to begin in August. They also stated that postponing the exam till July will not have any impact on the academic term.

According to the letter, “Because of the insufficient time gap, we are unsure if we should attend counseling or prepare for the exam. Whatever occurs in our lives as a result of any drastic decisions made out of depression and helplessness, NMC must bear sole responsibility.”

Envision Energy Awarded 2000 MW Wind Turbine Contract in India

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Delhi, India – Envision Energy today announced that it has been awarded a 2000 MW wind turbine order in India. The 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023.

Envision will supply and commission its state-of-the-art EN156/3.3 wind turbines for the projects. EN 156/3.3 has a 156m rotor – the largest in the country. This rotor is coupled with a 3.3MW generator and a hub height of 140m. This design is uniquely suited to maximize energy produced from the low wind regimes predominant in the country.

Envision invested $25M USD to establish its 1200 MW-capacity nacelle and hub assembly plant at Pune in 2018. To meet the additional market demand, Envision will be ramping up to double the current capacity. Envision is also building a blade factory in India, which is expected to be completed by Q1 of 2023.

Envision’s existing projects in India, the 198MW Khagashree wind farm and 35MW Kagvad wind farm equipped with EN- 131 / 2.5MW wind turbines, have been in operation since May and October 2019 respectively. So far, these projects have generated more than 1.76 billion kWh clean energy for the region.

“Envision India is proud to contribute towards India’s commitment to achieve 500 GW and 50% energy requirement from renewable energy sources by 2030. With the growth of our wind and energy storage business, we are expecting to recruit more than 300 employees locally to meet the growing needs of the country as well as the newer markets of the Asia Pacific region.” says R P V Prasad, Country Head – India Region.

Kane Xu, Managing Director of Envision India and Global Vice President says, “We are delighted for the confidence our partner in India has in us, and we are proud to continue delivering our best solutions in India. Being an expert in utilizing digital technologies, we can maximize efficiency, save cost, and innovate fast to better serve our customers. In addition to wind power, we are also bringing our energy storage, digital, and other net-zero solutions to our customers, to help accelerate the energy transition, globally. “

About Envision Group

Envision Group is a world-leading green technology company and net zero technology partner. With the mission of “solving the challenges for the sustainable future of humankind”. Envision designs, sells, and operates smart wind turbines and smart storage system through Envision Energy; AIoT-powered batteries through Envision AESC; and the world’s largest AIoT operating system through Envision Digital. It also owns Envision Racing Formula E team. Envision continues to promote wind and solar power as the “new coal”, batteries and hydrogen fuel as the “new oil”, the AIoT network as the “new grid”, the net-zero industrial parks to the “new infrastructure”, and to promote the construction and cultivation of green “new industry”.

Envision Group was ranked among the Top 10 of the 2019 ‘World’s 50 Smartest Companies’ by the MIT Technology Review. In October 2021, Envision was ranked second in the world on the Fortune “Change the World” list. Envision Group joined the global ‘RE100’ initiative and became the first company in mainland China committed to 100% renewable electricity by 2025.On April 22, 2021, Envision Group announced it will achieve carbon neutral in operations by 2022 and achieve carbon neutral throughout its value chain by 2028.

For more information, please visit www.envision-group.com

Newton School gets US$25M in new funding to improve teaching with AI

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Newton School has secured US$ 25 million in a new round of funding. Among other things, the edtech startup will invest the money in breakthrough technologies like AI to improve teaching.

Newton School, a Bengaluru-based edtech firm that is constructing a neo-university for aspiring software developers, has acquired $25 million in a Series B fundraising round. Steadview Capital, a global investment firm whose portfolio includes Indian startups Nykaa, Polygon, Zomato, and Freshworks, led the round.Nexus Venture Partners and RTP Global, both existing investors, also participated in the round.

The funds received will be utilized to accelerate the company’s growth, as well as to expand its personnel, technology, and brand-building activities.

Newton School was founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari with the goal of democratizing higher education. It offers outcome-oriented learning experiences to both freshmen and working professionals, allowing people from all over India to become highly proficient software developers and pursue high-paying careers in technology.

At just over two years, the neo-university has successfully placed over 1,500 students in over 600 major firms such as Google, Lenskart, Razorpay, Flipkart, Zomato, Deloitte, Meesho, and Target. It just developed a Master’s degree program for those with non-tech backgrounds in order to give flexible learning to working professionals. Newton School is on track to have a 100 million annually run rate by 2023.

Newton School founders Siddharth Maheshwari and Nishant Chandra, stated, “This funding will help us to establish a strong brand and leadership team while investing in breakthrough technologies like AI to improve teaching.”

Every year, over a million college graduates in India fail to find appropriate work prospects, despite the fact that thousands of organizations struggle to locate talent.

Newton School’s learning platform attempts to bridge this gap, and we are pleased to collaborate with like-minded investors who believe in the revolutionary power of industry-focused education and the internet.”

Puneet Kumar, Managing Director of Steadview Capital, said, “We’re happy to support Siddharth, Nishant, and the Newton School team in fulfilling their vision of a technology-driven neo-university. Newton School’s innovative concept and platform will assist the goals of millions of Indians by removing location constraints and cutting expenses in a country where graduates have single-digit employment rates despite spending considerable amounts of money on education. We believe in Newton School’s growth potential and are excited to work with them to address critical gaps in the Indian education sector.”

NuGenomics combines data sources to generate holistic image of your health

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100 A Delhi-based startup uses AI/ML to prescribe lifestyle adjustments based on genetic tests. NuGenomics combines information sources from a user to provide a holistic view of current and future health.

Rahul Ranganathan pursued an MBA from XLRI Jamshedpur after earning his master’s degree in molecular biology. He subsequently spent the following seven years learning the ins and outs of business with companies such as PepsiCo and Flipkart.

Rahul says, “After seven years in the corporate sector, I realized I finally understand how business works. My initial love, though, was science and genomics. I decided it was time to bring the two together.”

In November 2019, Rahul founded Answer Genomics, a genetic research organization. Answer Genomics introduced its consumer-facing brand, NuGenomics, in July 2021, after two years of rigorous research, patents, and on-the-ground testing.

Rahul explains, “This has been a dream of mine for over eight years.”

NuGenomics is a machine learning and human genomics organization founded by Rahul and Dr Balamurali AR. The Delhi-based business combines a user’s many data points to provide a holistic picture of present and future health.

The two founders met after losing family members to cancer. Dr. Balamurali has worked at Alcovia Technologies, Samsung, and Cognizant.

He worked as a Postdoctoral Researcher at France’s Laboratoire d’Informatique Fondamentale.

According to Rahul, they decided to work together to find a better method to focus on data-driven health management and use genetics to anticipate, prognose, and allow for early diagnosis.

The startup employs 20 people, including consultants and interns.

NuGenomics use patented technology to predict, prevent, diagnose, and treat lifestyle diseases by giving health-related data, insights, and actionable recommendations generated by its AI/ML system rather than a nutritionist.

To optimize both short-term and long-term health, the startup leverages nearly 5 million information points per individual to deliver individualised and actionable ideas in a micro-recommendation format.

The startup’s product offerings include the Rs 8,999 Genetic Test Report, which helps consumers identify their predispositions to cholesterol, HDL, LDL, Triglyceride, and Blood Sugar levels, as well as various other diseases to support their existing trainers and nutritionists.

Other services include a DNA-based total health check-up, a DNA-based weight loss/gain program in 111 days, a DNA-based weight gain program in 111 days, and a DNA-based holistic wellness program. The startup charges a one-time fee ranging from Rs 10,000 to Rs 18,000.

NuGenomics began saliva-based genetic tests prior to the pandemic, while the startup was conducting on-the-ground studies.

However, as the pandemic progressed, the startup shifted to blood tests.

The results of these tests provide clients with information about their macro and micronutrient requirements, food sensitivities, and intolerances, while the AI/ML-based system proposes lifestyle modifications.

Rahul explains, “When you give a nutritionist a certain set of facts and ask for recommendations, and then offer the same set of information to the system, the system is more accurate. Because, as humans, we are capable of combining 5-7 diverse data sources to create an optimum plan for the individual. However, the machine examines 5 million data points.”

Sanchit Batra: the most recognised mentalist in the country

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Sanchit Batra is a recognised name when we talk about the world of mentalism and magic in present times. The Delhi-based Comic mentalist has been excellent in inexplicable predictions, mind-reading, and showmanship commonly referred to as a sleight illusionist. His extraordinary talent helps him to demonstrate what appears to be unexpected mind reading, telepathy, and foresight. 

From being invited to perform in corporate events to private parties, weddings, and other social functions, Sanchit Batra is there to entertain guests of different ages and social classes. He knows the kind of stunts that will appeal to the type of audience he is performing for. His ability to connect instantly with the audience personally by reading their minds’ thoughts makes his shows a must-watch. His Mind tricks on the stage are sure to charm and entertain you. On account of a massive turnaround at his events, television journalists like Rajiv Makhani have invited him on his talk shows like Show ‘Gadget Guru 360’ on NDTV to learn about his familiarity with Magic and how he connects with the audience at such a personal level and also he has been featured by News24 in the show named as ‘Rehesaya.’  

Recently, the media got a chance to speak to Sanchit Batra at the corporate event organised by Cloud 9 events to celebrate the 19th Anniversary and the achievement of the Rs 220 crore target of the Catalyst group. The Sleight illusionist said, “Magic when combined with different psychological principles is what a real illusion is all about. I am an artist who can distort your perceptions through misdirection and strong use of mind tricks developed myself. the outcome that comes in front of a large group of audience is for entertaining people.” He further stated that as an Illusionist, he has developed his tricks and illusions through practice and mastering the art of psychology. The skill helps him play with someone’s psyche. On the other hand, Sanchit Batra relies on the theory of utilising one’s body language and the science of psychology to predict and suggest actions.

Sanchit Batra, aka sleight illusionist, is a talented magician who has been acclaimed internationally for displaying unimaginable illusions on the stage. He blends the creativity, crafts customised acts, and innovation to showcase numerous corporate brands with their messages and core values with interactive performance. Among his popular hand magic tricks is the one where during the act, he would somehow show the corporate logo of your business for an extensive promotion nationally and worldwide. Moreover, the professional illusionist has an uncanny ability to adjust to situations where things don’t go your way. Still, his job is to make the show go on, whether he builds up unexpected moments of situational humour to encourage his audience to be active participants.

Sanchit Batra has taken Magic to a new level in the country. The man has proven in a short period with his performances why he is the most sought-after mentalists cum entertainer in the country. The way he brings excitement, joy, and thrill to a gathering of a few people to lakhs of the audience in a few minutes is just mind-blowing!

Pankaj Mahajan became international football coach after quitting alcohol

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Pankaj Mahajan, an international football coach, was once addicted to alcohol. His story has a strong motivational message for people who want to quit alcohol.

Pankaj Mahajan, of Maharashtra, was 17- year-old when he cried uncontrollably as he saw blood coming out from his mother’s head. He sat useless instead of contacting an ambulance due to his inebriation.

Pankaj, who is not become an international football coach, says, “Had it not been for my neighbors, my mother would have died in front of my eyes, all because I had been drinking since the morning. During an altercation, my father beat her on the head with a rod, and there was nothing I could do to defend her. That encounter altered the course of my life.”

He became addicted to alcohol and tobacco in Class 4 as a resident of Maharashtra’s Godhani village, and the lack of parental guidance further exacerbated the situation.

Pankaj dropped out of school to earn a living since his father was an alcoholic and his mother was disabled.

He didn’t envision a future for himself until his mother suffered a serious injury in 2011.

Pankaj’s father had a little shop that sold everyday products such as tobacco. After witnessing his father and other village elders proudly chew tobacco, a young Pankaj believed it would be ‘cool’ to follow in their footsteps.

When no one was around, Pankaj tasted beedi (mini-cigar loaded with tobacco flake) while working at the business one day.  He hid the beedi and took another drag the next day. He had devoured an entire packet before he realized it.

“The unfortunate thing was that my father once discovered me smoking and turned a blind eye. He didn’t stop me, nor did my mother. This made me think that beedi wasn’t such a bad thing. Alcohol soon entered the picture,” Pankaj says.

Parents in the village began to advise their children to stay away from Pankaj. He found himself beating an autorickshaw driver one day.

If his social life was harmed, his health and finances were not far behind. He continues, “I couldn’t run and was exhausted all the time.”

Pankaj sought more booze and cigarettes to avoid the beatings. It had been a vicious cycle until Slum Soccer NGO stepped in.

The NGO, founded by Vijay Barse, works with homeless children to empower them via football. The NGO learned of Pankaj’s plight from the villagers and decided to step in.

He was given free football training and a little stipend, and he was able to return to school.

He didn’t feel the need to smoke a beedi or binge drink every time he stepped onto the pitch.

Receiving instruction in sports and lifestyle habits was also a first. Pankaj, on the other hand, mistook this for an attempt by the NGO to separate him from the things that gave him consolation.  He withdrew from the program.

But, an incident in 2011 compelled him to re-enlist.

“Along with the game’s clever strategies, I was learning about gender equality, health, kindness, sympathy, education, and other topics. It was unquestionably a crash course in life.”

Pankaj’s dedication and focus paid off, as he quickly found himself playing at the state and national levels.

In 2013, he travelled to Poland to compete in the Homeless World Cup for the first time. He was the team’s captain.

His father felt proud of him for the first time when he was featured in various regional publications. The villagers who had formerly shunned him were now screaming his praises.

People looked up to me, especially children.

Pankaj says, “I wanted to help kids like me who were going through a family catastrophe. I enrolled in numerous NGO programs for leadership and coaching possibilities. I also finished my bachelor’s degree in physical education.”

His father made efforts to repair their relationship and even recognized that his lifestyle choices were problematic.

Pankaj, as a coach, has also propagated social messages among the girls in 25 villages as part of the ‘Shakti Girls’ project. He uses football workouts and tactics to teach the girls about menstrual hygiene, education, gender equality, and other topics that he only learned a few years ago.

“They also learn life skills such as problem-solving, decision-making, open communication, and cooperation,” Pankaj adds.

He is also studying sign language in order to train hearing-impaired coaches who would then teach deaf children.

Pankaj is now the project manager for Slum Soccer and is in charge of their social media pages.

“There was a period when my English was really weak, but I’m learning a lot owing to this job,” he says.

Pankaj has come a long way from battling addiction to now making a difference in the lives of other youngsters.

He is now a Bachelor of Arts student of Indira Gandhi National Open University and will attempt to write the paper in English for the first time.

“I planned, worked hard, and stayed focused on my goals,” he continues.

Ibrahim Kaleel’s dream journey from small town in Kerala to NASA

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Ibrahim Kaleel, a young researcher who hails from Kasaragod, Kerala, has made it all the way to NASA.  He has discussed what it takes to work for one of the world’s most technologically advanced organizations.

Ibrahim Khaleel, a small-town boy from Kerala, works at NASA Glenn Research Center in Ohio, America. Ibrahim whose parents are Majeed and Zubaida, was born and brought up in Kasaragod, Kerala. He became a part of NASA by joining it as a post-doctoral research fellow in 2021.

Ibrahim finished his sixth grade at Little Lily English Medium School before enrolling at Kendriya Vidyalaya No.1 CPCRI in Kasaragod. He earned a BE in Aeronautical Engineering from Manipal Institute of Technology, a post-graduate degree from Ruhr-Universität Bochum in Germany, and a PhD in Mechanical Engineering from Politecnico di Torino in Italy.

Ibrahim stated that his trips to various places such as Poland, Germany, Europe, and the United States to attend international conferences during his degree study helped him acquire momentum in his life. He became a member of the International Research Group and met people from many nations.

Ibrahim says he never planned to get the NASA job. He says NASA was just his dream that he never knew he  could realize.

Ibrahim says, “I’ve always had a fascination with engineering.  I used to spend a lot of time as a kid fiddling with electronic equipment, and I was always fascinated by how they worked. After high school, I didn’t bother applying for medical school because I realized my true passion was engineering. Aeronautical engineering is a fascinating discipline, and space is breathtaking. That’s why I focused more on that area,” he explained.

Ibrahim says, “During my PhD, I created a piece of software. They expressed an interest in incorporating the software into NASA’s code.I finished it in two weeks and they were really impressed. We organized conferences, and studies were also submitted as a result of this.”

Top 5 EdTech companies In India 2022

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In today’s world, high-quality education can be provided anywhere, due to EdTech. Find out the top 5 EdTech companies in India this year that have made headlines for various reasons.

EdTech is a term that refers to technology that is meant to improve educational outcomes. Today, India’s EdTech industry is the world’s second-largest, and it is just rising. These EdTech businesses in India are changing the Indian education environment in order to make education more engaging.

Here are the top 5 EdTech businesses in India in 2022, as determined by recent success.

1. BYJU’s

In India, Byju’s has become synonymous with online education. Think and Learn Pvt. Ltd, a company started in 2011 by Byju Raveendran and Divya Gokulnath, launched BYJU’s app. It began as a coaching class and has since grown to become one of the world’s leading EdTech companies.

BYJU’S is an educational tutoring software that operates on a freemium model, with freely accessible content limited to 15 days after enrollment. It was founded in August 2015, with instructional content for students in grades 4 through 12, and an early learning program for students in grades 1 through 3 debuted in 2019.

It also prepares students for tests in India such as IIT-JEE and NEET, as well as international exams like as the GRE and GMAT. In Bangalore, Byju Raveendran and his wife Divya Gokulnath founded this EdTech enterprise. They’ve even collaborated with firms like Disney to make learning more enjoyable. As of December 2021, BYJU is valued at US$ 21 billion, with over 115 million registered users.

They combine engaging video courses, personalised student journeys, countless practice tests, and unique quizzes to make learning fun.

It provides classes starting in class 4 and progressing to CAT or IAS exam preparation. It offers online classes for UPSC, CBSE NCERT, ICSE, IIT-JEE, and NEET.

They created BYJU’S for Kids, a learning software for kids that focuses on early education for children in grades 1 through 3. Two of their well-known subsidiaries are WhiteHat Jr. and SPAN Thoughtworks Pvt. Ltd.

2. UnAcademy

Unacademy is an Indian online ed-tech startup situated in Bangalore. Gaurav Munjal founded a YouTube channel in 2010, which was later incorporated as a company by Roman Saini, Gaurav Munjal, and Hemesh Singh in 2015.

The organization employs over 12,000 tutors and offers study materials for a wide range of professional and academic admission tests.

Unacademy offers free videos, PDF notes, and subscriptions. It offers a wide range of paid and free courses.

Many famous people and public figures, like Virat Kohli and Anushka Sharma, Shashi Tharoor, Kiren Bedi, Mary Kom, and Saurav Ganguly, have instructed students in live sessions as part of Unacademy’s educational program called ‘Legends on Unacademy.’

Unacademy purchased Ankit Goyal’s Kreatryx in early 2020 to expand its Graduate Aptitude Test in Engineering and Engineering Services Examination preparation services. Unacademy also purchased WiFiStudy for $10 million in 2018.

Dinesh Godara founded WiFiStudy in 2013, an online test preparation platform for students preparing for competitive public-sector exams such as the Staff Selection Commission, banks, and railways.

3. UpGrad

UpGrad is a prominent Edtech startup in India. In 2015, Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh founded the company in Mumbai. The company is the official education partner of the Indian government’s Startup India program.

Working people, college students, and organizations can all benefit from the EdTech firm’s online programs in IT, data science, management, and technology. UpGrad has collaborations with various prestigious universities, allowing students to get career-enhancing skills.

They are also India’s largest online higher education firm, supporting students in acquiring online degrees from some of the world’s top colleges. Their one-on-one mentorship and placement support set them apart. MBA programs are available in a range of sectors, including business, law, insurance, software, blockchain, and others.

In 2016, UpGrad acquired Pyoopil, a mobile SaaS-based application, to provide B2B online corporate training courses. The firm purchased Acadview in 2018 in order to enter the higher education industry for college students. In 2019, upGrad acquired CohortPlus, an online community platform focused on product management and data science.

4. Vedantu

A combination of the Sanskrit terms Veda (knowledge) and Tantu (philosophy) (network), Vedantu, was launched in Bengaluru in 2011 as a live online education platform. The company was founded by Vamsi Krishna, Saurabh Saxena, Anand Prakash, and Pulkit Jain.

It gives pupils lessons that are personalized to their needs. It primarily serves Indian Certificate of Secondary Education (ICSE) and Central Board of Secondary Education students in Grades 4 through 12.

The organization’s core business is currently live online coaching in STEM, Hindi, English, Sanskrit, German, French, Environmental Science, and Social Science. It uses a White Board Audio Video Environment (WAVE) approach for its 1-1 student-teacher class as well as in live sessions. It provides IIT-JEE, NTSE, NEET, and PSA test preparation classes.

Vedantu’s W.A.V.E platform has been granted an IP Patent for ‘Measuring the Effectiveness of An Interactive Online Learning System,’ which aids teachers in recognising a student’s attention level, increases students’ engagement, doubt-solving, participation in game-based quizzes, and provides customizable teaching patterns.

5. Classplus

Classplus is a smartphone SaaS system that enables coaching institutions, tuition centers, and private instructors to take their companies online and automate content distribution, payments, interaction, and online tests via an all-in-one teaching app.

Mukul Rustagi, Vatsal Rustagi, Bikash Dash, Nikhil Goel, and Bhaswat Agarwal formed Classplus.

Classplus provides individual instructors, tuition centers, and coaching institutions with the ideal coaching institute administration software and smartphone app solution. Innovative elements and technology have been included into teaching and learning approaches, helping educators to prepare for the future.

This Delhi-based firm, founded in 2018, aims to modernize the country’s tuition sector. Classplus is a mobile-first system that allows teachers to engage with students by giving material, assignments, online exams, and video lectures. As a result of its electronic payments and convenient teaching, Classplus has witnessed a 200K+ increase in users.

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