edtech Archives | Global Education Times (GET News)

Edtech firm Instructure bought by Thoma Bravo for $2bn

January 14, 2020January 14, 2020Josephine WalbankLeave a Comment

In a $2 billion deal, Thoma Bravo has acquired Utah-based educational software maker Instructure, with the acquisition is expected to come in to effect in the next few months.

In December last year, private equity investment firm Thoma Bravo purchased Instructure in a cash transaction worth approximately $2 billion.

The firm predominately focuses on software and technology service sectors, and aims to assist in edtech innovation and international expansion of Instructure into its future.

Nexford University announces scholarships in honour of Equal Pay Day

November 21, 2019November 20, 2019Kate FrazerLeave a Comment

Nexford University has announced that it will be offering scholarships to women for their MBA and BBA degree courses as part of its support for Equal Pay Day.

The Office of National Statistics reported on 29 October 29 that the gender pay gap currently stands at 17.3%, based on a median average, with this data leading to the derivation of this year’s date.

Equal Pay Day is a symbolic day dedicated to raising awareness of the gender pay gap, which stands to represent the day upon which a woman’s salary is no longer equal to a man’s. This year, Equal Pay Day was marked on 14 November.

Online coding school Codemao secures $57 million funding

November 11, 2019November 8, 2019GET News TeamLeave a Comment

Chinese online education platform Codemao has announced this week that 400 million yuan ($57 million) has been secured in a Series C round of financing led by the Russia-China Investment Fund.

Codemao specialises in offering online coding classes to children and young adults.

Also joining this round of funding were Hillhouse Capital; Asia-focused private equity firm SAIF Partners; Everbright New Economy USD Fund, a $483-million investment platform of Hong Kong-based financial services company China Everbright Limited; and Chinese state-owned Guangdong Technology Financial Group.

Atom Learning launches Atom Prime internationally

November 8, 2019November 6, 2019Kate FrazerLeave a Comment

Edtech platform Atom Learning has announced plans to launch Atom Prime globally by expanding into Asia, Africa and
the Middle East.

Atom Prime, the award-winning online learning platform, is now used by schools in Hong Kong, South Korea, Singapore, Nigeria and Abu Dhabi.

With over 50% growth month-on-month, Atom Learning has more than doubled its staff in the last two months, with a number of significant new positions announced.

School of Accelerated Learning bags $300K funding

October 28, 2019October 24, 2019Hari SrinivasanLeave a Comment

India’s first hybrid learning venture, School of Accelerated Learning (SOAL), has closed its first round of funding of $300,000 with Astarc Ventures as the lead investor.

LiveMint has reported that others investing in the school in this round include tech and start-up leaders Srinivas Kollipara, founder of T-Hub; Ramki Gaddipatti, founder and CTO of Zeta; and Krishnan Menon, founder of BeeCash.

The aims of the School of Accelerated Learning are to nurture students into disruptive, tech-empowered creators and leaders who can enable rapid progress of society.

EduTok on TikTok India a social media success

October 24, 2019October 21, 2019Hari Srinivasan1 Comment

Popular social media app TikTok has announced that Edutok, its knowledge-based campaigns in India, has been seeing a positive response since its inception at the start of summer 2019.

In this time, the Edutok campaign on TikTok India has been consistently trending with over 42.5 billion views in total, reports the Economic Times (India).

The Edutok campaign in India, identified by the use of the hashtag #EduTok, was launched with the intent to empower TikTok users to create meaningful and inspiring content around various themes.

Modernisation driven by edtech will boost global experience economy

October 10, 2019October 16, 2019GET News TeamLeave a Comment

The global experience economy continues to grow, and international student mobility will nearly double from 4.5 million students in 2016 to over 8 million by 2025, according to OECD figures.

International students currently spend over US$100 billion on education in four host countries – UK, US, Canada and Australia.

According to the Higher Education Policy Institute, international students are worth £20 billion to the UK economy, with about 230,000 students arriving each year for university courses – most of them postgraduates, with China and India the most common country of origin.

Edtech startup Learning with Experts bags £800K investment

September 12, 2019September 12, 2019Kate FrazerLeave a Comment

Edtech startup Learning with Experts has just completed their latest funding round above target, raising £800K with a group of high net worth angel investors.

The investment followed an investor showcase pitch to The Oxford Opportunity Network (OION) at Rathbones. New investors joining via OION include New Chairman, Rupert Pennant-Rea, former editor of The Economist and Deputy Governor of The Bank of England.