Subscribe

Edtech

Edtech

Read news and data about education technology companies in the world's largest emerging markets in Africa, Asia, Latin America, Eastern Europe, and the Middle East.

Investment platform Bodhi Tree acquires Allen Career Institute for $600 million

Investment platform Bodhi Tree acquires Allen Career Institute for $600 million

Bodhi Tree Systems, a joint-owned investment platform based in India, has acquired a 36% stake in Allen Career Institute in a $600 million deal. * The funding would be used to expand the startup's services in transforming education through quality test preparation in India. * Founded in 1988, Allen Career is an

Saudi Arabia-based edtech startup AlGooru raises $1.8 million in seed round

Saudi Arabia-based edtech startup AlGooru raises $1.8 million in seed round

AlGooru, an edtech startup connecting students to a team of knowledgeable private tutors in KSA, has raised $1.8 million in its seed round funding to support its growth plans. * The fund will enable the startup to widen its scope and expand its services in the edtech space in Saudi

REPORT: Tech Layoffs in emerging markets of 2022

REPORT: Tech Layoffs in emerging markets of 2022

The post-pandemic funding boom is gradually winding down with reverberating layoffs in tech startups across the world. According to Techloy startup layoff tally since the beginning of 2022, around 10,000 employees in the technology sector across Asia, Africa, Latin America, and the Middle East have been laid off in

Indian revenue-based financing startup GetVantage raises $36 million in funding

Indian revenue-based financing startup GetVantage raises $36 million in funding

GetVantage, a revenue-based financing (RBF) startup based in India, has raised $36 million in its new funding round led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, Chiratae Ventures, and Dream Incubator Japan. * The fund will help the platform grow its financing solution and embedded finance products, improve its technology

Kenyan edutainment startup Kukua raises $6 million in Series A round

Kenyan edutainment startup Kukua raises $6 million in Series A round

Kukua, a Kenya and London-based educational entertainment startup that created the first African animated superhero franchise, tagged 'Super Sema' has raised $6 million in its Series A funding round. * The fund will be invested in building IP-focused edutainment for children through the new Super Sema original content, licensing, merchandising, and

Bertelsmann raises $500 million to invest in Indian startups

Bertelsmann raises $500 million to invest in Indian startups

The venture capital investment arm of Bertelsmann SE & Co. KGaA, Bertelsmann India Investments (BII), has raised $500 million to invest in Series A-D tech-driven Indian startups. * The fund is targeted for investments in early-stage deals in India-based startups. * The investment fund focuses on enterprises including agritech, healthtech, edtech, adtech, and

Nigerian edtech startup Kibo School raises $2 million in seed funding

Nigerian edtech startup Kibo School raises $2 million in seed funding

Kibo School, a Nigeria-based edtech firm focusing on STEM education has raised $2 million in its seed round funding led by Neo, a VC firm. * The fund will be used to support its plans to launch degree programs on its platforms and expand its coverage in Africa. * Kibo School offers

Animoca Brands acquires edtech firm TinyTap for over $38 million

Animoca Brands acquires edtech firm TinyTap for over $38 million

Animoca Brands, a gaming investment firm based in Hong Kong has acquired TinyTap, an edtech firm based in Israel for $38.88 million, combining cash and shares. * Animoca Brands holds an 84.1% stake in the TinyTap with the acquisition. * TinyTap, a user-generated content edtech firm will now be used

Indian edtech firm Upgrad raises $255 million in fresh funding

Indian edtech firm Upgrad raises $255 million in fresh funding

Upgrad, an edtech firm focusing on higher education learning and upskilling has raised $255 million in its new funding round, at a $2.25 billion valuation. * The firm offers educational services including study abroad test prep, undergrad degrees to campus in 250 universities, and courses in law, business, finance, and

Digital coaching platform CoachHub raises $200 million to expand in the Asia Pacific

Digital coaching platform CoachHub raises $200 million to expand in the Asia Pacific

CoachHub, a digital coaching platform based in Germany and regionally headquartered in Singapore has raised $200 million in its Series C funding round to democratize coaching and expand its operations in the Asia Pacific and other areas globally. * The firm will use the fund to scale its product innovation, improve