Chegg shares plummet! Students abandon for free AI tools – a massive shake-up in online education

Chegg shares plummet! Students abandon for free AI tools – a massive shake-up in online education

In a striking turn of events for Chegg, the leading education technology company, shares plummeted 13% following a massive shift in student preference toward free AI-powered education tools. This downturn, one of several major blows to the company this year, raises questions about Chegg’s long-term sustainability amid a technological revolution reshaping the education landscape. With […]

Veranda Learning and Six Phrase join forces to boost employability training

Veranda Learning and Six Phrase join forces to boost employability training

Veranda Learning Solutions, a public listed education technology company, has announced a strategic partnership with Six Phrase, South India’s premier Skill Development and Career Development Enterprise. This partnership aims to enhance employability training and equip students with industry-relevant skills. With over 13 years of expertise and a successful track record of boosting the careers of […]

PowerSchool, Samart Telcoms to enhance education technology in Thailand

PowerSchool, Samart Telcoms to enhance education technology in Thailand

PowerSchool, North America’s leading provider of cloud-based software for K-12 education, has announced a strategic partnership with Samart Telcoms Public Company Limited (PCL), signaling a further expansion of PowerSchool’s PowerPartner Program. This collaboration aims to enhance PowerSchool’s global reach through its channel partner program while providing educational institutions in Thailand with access to PowerSchool Schoology […]

PowerSchool to acquire SchoolMessenger in $300m deal to enhance K-12 education communication

PowerSchool to acquire SchoolMessenger in $300m deal to enhance K-12 education communication

PowerSchool, a provider of cloud-based software for K-12 education in North America, is set to acquire SchoolMessenger, a provider of K-12 communication tools. The definitive agreement, reported to be valued at $300 million, is an effort to boost PowerSchool’s commitment to personalized education and enhance family engagement in student success. The merger will integrate SchoolMessenger’s […]

Navneet Education to acquire stake in edtech company Genext Students

Navneet Education to acquire stake in edtech company Genext Students

Navneet Education Limited said that its fully-owned subsidiary – Navneet Tech Ventures Private Limited has signed an agreement to acquire a stake of 51.80% in Genext Students Private Limited for about INR 58.5 million ($0.79 million) from Sat Industries Limited. Incorporated in 2011, Genext Students Private Limited is an Indian education technology company, which offers […]

Athena Global Technologies forays into ed-tech industry with Tutoroot

Athena Global Technologies forays into ed-tech industry with Tutoroot

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 […]

EAB acquires college research and decision platform Cappex

EAB acquires college research and decision platform Cappex

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 […]