Veranda Learning Solutions, an Indian edutech company, said that its subsidiary Veranda RACE has opened its 25th RACE delivery partner centre, which is located in Krishnagiri, Tamil Nadu. For more than 10 years, Veranda RACE has been offering education and training via blended and offline learning models to students for banking, insurance, railways, staff selection […]
NIIT Limited, an Indian skills and talent development company, has announced a partnership with Sushant University for offering the upcoming batches of the latter with Bachelors in Computer Applications (BCA) and Bachelors in Technology (B Tech) in Computer Science specializations in banking and finance, and StackRoute – Full Stack Product engineering, respectively. Sushant University is […]
Athena Global Technologies, a Hyderabad-based software application developer, has forayed into the ed-tech industry by launching a new subsidiary called Tutoroot. According to the company, Tutoroot’s technologies have been developed an in-house “LEARN” customized platform that offers access to live interactive classes, live simulations, adaptive assessments, subject demo videos, as well as courseware for students […]
Kahoot!, a Norway-based game-based learning platform company, has agreed to acquire US edtech company Clever Inc. in a deal valued in the range of $435-500 million. The consideration has a performance-based element for 2021-2022 and will be made through a mix of cash and Kahoot! shares. Clever Inc. is said to be among the largely […]
Online education platform Nerdy is set to become a publicly listed company via a $1.7 billion worth merger deal with TPG Pace Tech Opportunities, a special purpose acquisition company (SPAC). TPG Pace Tech Opportunities is a publicly-traded company owned by global alternative asset firm TPG. In its October 2020 initial public offering (IPO) TPG Pace […]
Adtalem Global Education (formerly DeVry Education Group), a US workforce solutions provider, has agreed to acquire Walden University, a Minnesota-based online healthcare education provider, from Laureate Education, for $1.48 billion in an all-cash deal. Through the acquisition, Adtalem Global Education said that it will become a top healthcare educator in the US and enable it to […]
Laureate Education, said it has wrapped up the previously announced $218 million sale of its Chilean operations by transferring the control of its not-for-profit institutions to Fundación Educación y Cultura and the divestiture of its for-profit operations. Founded by Chilean professionals, Fundación Educación y Cultura is a Chilean not-for-profit entity, which is said to have […]
EAB, a US-based education technology company, has acquired Cappex, a college research and decision platform for helping students search for both schools and scholarships. The financial terms of the deal were not disclosed. The Cappex platform is said to offer free tools for students to find their best-fit colleges and scholarships from over 3,000 college […]
Quizlet, a global learning platform with artificial intelligence (AI) powered study tools, has raised $30 million in a Series C funding round led by growth equity firm General Atlantic. The proceedings from the funding round are expected to help in driving Quizlet’s continued product innovation with a focus on data science and machine learning capabilities. […]
GSX Techedu, an online K-12 large-class after-school tutoring service provider in China, said that it had acquired several commercial real estate plots in the Economics Development Area of Zhengzhou in Henan Province for a total sum of RMB333.8 million ($48 million). The Chinese education company paid the first installment of RMB69 million ($9.95 million) and […]