As edtech platforms continue to lay off employees in India, US-based celebrity-driven learning provider MasterClass has announced it is reducing its workforce by 20 per cent. MasterClass CEO David Rogier said the decision was taken to “adapt to the worsening macro environment and get to self sustainability faster”. The layoff impacts nearly 120 people across […]
Invact Metaversity is a higher education edtech company set up in the metaverse. It has raised $5 million in February 2022 from 70 top global leaders, including Future Group’s Kishore Biyani. CEO Maheshwari previously acknowledged that both the founders had differences over the vision of the company. Manish Maheshwari — former Twitter India head — […]
New Delhi: Camp K12, an edtech startup building a global online school for 21st-century skills has launched Hatch Kids, a metaverse and AR/VR creation platform for young learners. Hatch Kids is a free online 3D creation platform for kids aged between 6 – 18 to design, code and publish 3D games, Augmented Reality (AR) apps, […]
Over the past 6 months, Hatch Kids has grown organically to 1.1M+ users across 150 countries via school, government, and ed-tech partnerships, with 75% of users coming from US and Canada. Other top geographies include UK, Australia, and India. Students have created 3.6M+ projects on the platform to date. Speaking about Hatch’s vision, Camp K12’s […]
SINGAPORE, May 11, 2022 (GLOBE NEWSWIRE) — Genius Group (NYSE American: GNS) is pleased to announce that it’s Edtech arm, Singapore based GeniusU Ltd, has completed a seed round to support the development of its Genius Metaversity virtual learning plans, valuing the Edtech subsidiary at $250 million. GeniusU has attracted over 2.8 million students and […]
After losing control of most of his first generation of businesses under the Essel Group, including road infrastructure, solar projects and entertainment, 71-year-old Subhash Chandra is gearing up for version 2.0 with focus on new age businesses including digital education and metaverse. “I have made some mistakes and I accept it. But if you have the mettle in you, you can build […]
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users. The funding will enable the global rollout of its education and research cloud workspace product, Nuvolos. The startup is currently operating in the DACH region. According to the platform, Nuvolos bridges the gap […]
WU Executive Academy, a leading business school in Vienna, has partnered with EdTech firm Tomorrow’s Education to launch a Master’s degree in the Metaverse. Metaverse projects are growing in popularity as tech leaders like Facebook bank on it being the next great innovation. Earlier this year, business school deans predicted the Metaverse will impact education […]
Back in 2014, Mayank Grover, Founder of Outscal, realized that not only there is a talent shortage in the gaming industry but also that there are no channels in the existing education system to address this gap. Speaking about his first job as a game developer Mayank says, “After my master’s from CMU, in 2014 […]