EDTECH

What Is EdTech?
 EdTech refers to hardware and software designed to enhance
teacher-led learning in classrooms and improve students' education
outcomes.

  EdTech is still in the early stages of its development, but it shows

promise as a method of customizing curriculum for a student’s ability
level by introducing and reinforcing new content at a pace the student
can handle.
KEY TAKEAWAYS
 EdTech, short for education technology, refers to new
technological implementations in the classroom.

 In-classroom tablets, interactive projection screens

and whiteboards, online content delivery, and MOOCs
are all examples of EdTech.

 The goal of EdTech is to improve student outcomes,

enhance individualized education, and reduce teaching
burden from instructors.

 While many praise technology in the classroom, others

fear that is is impersonal and can lead to data
collection and tracking of both students and
instructors.
EDTECH STARTUP
COMPANIES
 1. BYJU’S
 India’s largest online learning platform BYJU’s was founded by teacher-
turned-entrepreneur Byju Raveendran in 2011.

 It was initially started as an offline tutorials company by the name Think

& Learn Pvt Ltd.

 In 2019, BYJU’s collaborated with Walt Disney and launched the Disney
BYJU’S Early Learn App for children aged four to eight years to make
learning more fun and engaging.

 In the past nine years, BYJU’s has become one of the world’s most
valued edtech startups and has attracted marquee global investors like
Sequoia Capital India, Chan Zuckerberg Initiative, General Atlantic,
Tiger Global, Tencent, Naspers, and others.

 Recently, BYJU’s raised $400 million from DST Global.

 2. UNACADEMY
 This Bengaluru-based startup began as a YouTube channel in 2010 by
Gaurav Munjal.

 In 2015, it was officially registered as an educational technology

platform when co-founders Roman Saini and Hemesh Singh came on
board. To date, it has raised $88.5 Mn.

 The company claims to have more than 10K registered educators and

over 13 Mn learners.

 It also says it gets 100 Mn monthly views across its various platforms
such as Unacademy, Unacademy Plus, Wifistudy, Chamomile Tea with
Toppers, Unacademy Studios and The Solutionists.