Lavish Somvanshi

Eblity in association with Draper Startup House and eChai Ventures presents a compelling panel discussion on Harnessing AI for Social Impact: Addressing Education Inequality in India Education inequality is a critical challenge in India that needs our immediate attention. Various stakeholders face difficulties in solving this issue due to a lack of resources. However, emerging technologies, like artificial intelligence, present promising opportunities to significantly bridge this resource gap. Let’s delve deeper and explore these solutions! 🗓️ 23rd May 2024, Thursday at 6:30 PM Register Here: https://lnkd.in/d7zdDbtG 💫 Why Attend? •⁠ Learn from leading experts in the social sector •⁠ Network with peers committed to making a difference. •⁠ Gain insights into approaches to tackling educational inequality. Join us to explore how AI can transform the educational landscape in India! Venkataramanan Sriraman Rupali Ramesh Patil Steven Suting Rishi Mazumdar

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While meeting budding Edtech founders and product managers one question always arises : Question-When do we get to realize that our product is now market fit and ready to roll in market? Answer - When we see our own, friend's/relative's kids willing to use it,re-use it and consequently with learning impact. PS-Our retention rate is highest with least marketing budget #myedubag #edtech

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edtech is dead? long live edtech! in india, we all now know what doesn't work in edtech. and that is a good thing, as long as we honestly accept it. at better, we are super passionate about improving education outcomes because it is the single most important thing for our world to change for the better, across all dimensions. so we invested heavily in modern education services - tutoring & content - from early learning to adult learning, partnering with some of the best founders india has. all incredible journies - many things worked and many things didn't. but the biggest learning was a simple one: hundreds of millions of people *want to learn* to improve their lives. the second biggest was this: a lot of what was imagined in the early attempts around content and tutoring and digital cohort classes was not the right fit for the massive tam and its needs. over the past 2 years, we drilled down on the above learnings and wondered how best to solve this problem. digital was clearly the only way to scale. but it had to be a lot cheaper, it had to be a lot more personalized, and it had to have "pull" for cac/ltv to work. fortunately, chatgpt came along just at the right time with LLM models that essentially solved these problem statements *especially* since we had so much context and content (fine-tuning data) and teams that were truly in love with the problem and their audience. toddle is a great example that changed school teachers' lives with their ai features - 100s of hours saved from cumbersome work that is now dedicated to working directly with students. sparky is another great example - a team that is deeply passionate about solving english learning - they pivoted completely to an ai-first product, that was built on their own context and content data of running english learning cohorts. the result was telling: higher usage, better outcomes, lower cac, higher ltv and everything that comes along with it. both are portfolio companies so we were fortunate to see these journies every step of the way. for those of us who remain deeply committed to edtech, its almost like ai threw us a lifeline and how. edtech is alive again with ai and the new generation of ai-first education companies are fulfilling the promise of what we really need to change our world --- and we are just seeing the tip of the iceberg right now. so.... long live edtech. yes?

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The Choice-Based Credit System (CBCS) is a key aspect of the National Education Policy (NEP) in India. What is CBCS? The Choice-Based Credit System is a flexible and student-centric approach to education. It allows students to: 1. Choose from a range of courses and electives 2. Earn credits for each course completed 3. Accumulate credits to earn a degree Key Features: 1. Interdisciplinary courses : Students can take courses from other disciplines 2. Electives : Students can choose from a range of electives to enhance their skills 3. Credit transfer : Students can transfer credits earned from one institution to another 4. Multiple entry and exit points : Students can enter or exit programs at various stages 5. Flexibility : Students can tailor their learning journey to suit their interests and goals Benefits: 1. Student autonomy : Students have more control over their learning journey 2. Interdisciplinary learning : Students can explore multiple disciplines 3. Skill development : Students can develop a range of skills and competencies 4. Employability : Students become more employable with a range of skills and credits 5. Global compatibility : CBCS aligns with global education systems, making Indian students more competitive Implementation: The CBCS is being implemented across Indian universities and institutions, with the aim of: 1. Standardizing credit systems across institutions 2. Enhancing student mobility and flexibility 3. Improving employability and skill development 4. Aligning Indian education with global standards The CBCS is a significant aspect of the NEP, aiming to transform India's education system into a more student-centric, flexible, and globally compatible one. #NationalEducationPolicy #NEP2020 #AcademicBankOfCredits #HigherEducationReform #IndiaEducation #TransformingEducation #eazealliance #salahlo #letsconnect #rishabhmehrotra

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Are you a fresh graduate aiming to kickstart your career as a Java Full Stack Developer? Embarking on your interview journey can be both exciting and daunting. Here's a comprehensive guide to help you ace your Java Full Stack Developer interviews 1. Technical Interview Rounds: a. Coding Round: - Expect coding problems focusing on data structures (arrays, linked lists, stacks, queues, trees, graphs) and algorithms (sorting, searching, recursion, dynamic programming). - Practice solving problems related to web development, such as implementing CRUD operations, handling user authentication, or working with APIs. b. Core Java Concepts: - Brush up on OOP concepts, exception handling, multithreading, and collections framework. - Java 8 features: Lambda expressions, Stream API, Optional class, Date and Time API. c. Frontend Development: - HTML, CSS, JavaScript fundamentals. - Understanding of DOM manipulation, event handling, and asynchronous programming. - Knowledge of popular frontend frameworks like Angular, React, or Vue.js might be advantageous. d. Backend Development: - Servlet, Spring MVC/SpringBoot for building web applications. - RESTful API design principles and implementation. - Database connectivity and SQL queries using JDBC or ORM frameworks like Hibernate. - Spring Framework basics: Dependency Injection, Spring Boot for rapid application development. e. Database Knowledge: - Basic understanding of relational databases (MySQL, PostgreSQL, etc.). - Knowledge of database modeling, normalization, and query optimization. 2. Behavioral Interview Round a. Be prepared to discuss your academic projects, internships, or any personal projects related to full-stack development. b. Showcase your problem-solving skills, teamwork experiences, and your ability to learn and adapt quickly. c. Demonstrate your communication skills by articulating your thoughts clearly and concisely. Preparation Tips a. Practice coding regularly on platforms like LeetCode, HackerRank, or CodeSignal. b. Work on real-world projects to gain practical experience and demonstrate your skills. c. Review your resume and be ready to discuss each project or internship listed on it. By focusing on these areas and adequately preparing for each stage of the interview process, you'll increase your chances of securing a Java full-stack developer role as a fresher in 2024. Good luck! www.edubridgeindia.com #ThankYouEduBridge #JavaFullStack #InterviewPreparation

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Lots happening in the ed-tech space in India - especially Byjus and now Unacademy. Fueled by VC dollars, several startups wanting to disrupt offline and online education/coaching sprung up over the past few years. Dont think anyone needs more context on why and how - so much has already been said several times. I agree that VC bets in this space have not been done as well. The larger responsibility for any missteps lies with the companies themselves. They are the ones slogging it out in the trenches, day in and day out, and also have access to all sorts of signals on the markets. If ever these teams felt the market was not really ripe for the taking, maybe it was not prudent to throw mode good money at bad money. Now at what point this became clear is anybody's guess. But to hang this albatross around the neck of VCs seems a bit harsh. 😑

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💼 Tough news recently for #BYJUS again! A recent #USCourt ruling has ordered the company to return two educational #apps to a court-appointed trustee. These apps had been generating about $1M in monthly revenue, but, according to reports, they were allegedly transferred to other accounts without approval. This decision is part of a larger financial dispute, as BYJU'S reportedly owes around $1.2 billion to US lenders. While this is a challenging moment, it’s one that highlights how vital trust and transparency are in such high-stakes situations. Here’s to hoping for a clear path forward that supports everyone involved – employees, lenders, and our mission in #education! 💼✨ #CorporateNews #EdTech #Transparency #BYJUSUpdates #byjus #nclt #bcci #glastrust BYJU'S BYJU'S TUITION CENTRE BYJU'S Learning BCCI Board of Control for Cricket in India (BCCI) National Company Law Appellate Tribunal (NCLAT) Prosus Group GLAS

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Techbook continues to generate immense interest. Good News Today TV covers the exciting possibilities of Techbook for learning!

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Recently, I was requested to be the chief guest at a function where an Edtech Company was launching its skilling courses. The request also included a tête-à-tête with a big-time social media influencer with millions of followers. Knowing and learning about the influencer, I politely turned down the request. It is no secret that much of the youth is hooked on to video content. It also spawned social media influencers who use every means to build up a loyal follower base. However, the monetization of such audience is where the darker side begins. They sell betting apps, recommend stocks, provide gambling suggestions. Now, encouraged and motivated with the money on offer, they are now recommending skilling and education courses and counsellors. There is nothing wrong in making recommendations or even covering and even some of these courses. However, the lack of proper disclosure that they have been paid to cover them makes it an unethical act. Their loyal fan base believe that the recommendation is given for their benefit, which is a lie. These influencers do not understand the intricacies nor have the resources to dive deeper before making such a recommendation that may endanger careers and lives of the students. SEBI has taken the first step in going after such influencers. I just hope even the ministry of education looks at this in seriousness and clamps down on social media influencers hawking Education courses without proper disclosures..What has been an untethical act must also be made into an illegal act. When self-discipline and ethics donot work, law must take over. To protect India’s youth. 

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The EdTech Rollercoaster: Are We Back to Square One? The news of #Allen Institute's potential acquisition of #Unacademy for a significantly reduced valuation ($800 million compared to Unacademy's peak of $3.4 billion) is a stark reminder of the rapid consolidation and shift within the Indian EdTech landscape. A Course Correction, or a Missed Opportunity? The initial promise of EdTech was revolutionary - increased accessibility, personalized learning, and a tech-driven approach to education. However, the recent wave of mergers and acquisitions paints a different picture. Are we witnessing a course correction, or have these companies simply failed to deliver on their value proposition? Here's what concerns me: Declining Valuations: The plummeting valuations of EdTech giants highlight a disconnect between initial hype and actual impact. Merging Backwards: The potential acquisition by a traditional institute like Allen raises questions about whether EdTech innovation has truly moved the needle. Quality Conundrum: Has the focus on mass access overshadowed the critical need for quality improvement in our academic ecosystem? India's Education Imperative India's demographic dividend demands a robust education system. We can't afford for EdTech to simply be a flash in the pan. The Way Forward Instead of a complete retreat, let's leverage the lessons learned: 1-Focus on Quality: EdTech's true value lies in augmenting, not replacing, quality educators. 2-Innovation, Not Disruption: We need EdTech solutions that enhance traditional strengths, not simply disrupt existing structures. 3-Data-Driven Decisions: Let's move beyond hype and base our education strategy on data-driven insights for measurable improvement. The question remains: Can EdTech 2.0 deliver on its initial promise? The time to act is now, and India needs to be at the forefront of this crucial conversation. #EdTech #EducationReform #India #unacadmy #Allen #Startups

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Do you know that there are a handful of VC-backed businesses in India that are profitable? And it's even more rare to find one, that is operating in the EdTech space. You guessed it right :) We are talking about PW (PhysicsWallah)! Through the detailed guide below, we help you understand the company's initial years, what it did that clicked, and the current context. Hope you find it interesting, read on! Follow us (Career Edge) for more such content, if you found this helpful! #careers #consulting #knowledge

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Collapse of EdTech Companies in India: The education technology (edtech) sector in India has seen rapid growth, driven by factors such as internet penetration and a rising demand for online education. Despite this, several edtech companies have faced challenges and collapsed. Factors contributing to their downfall include fierce competition, lack of differentiation, monetization issues, quality concerns, regulatory hurdles, technological infrastructure, overreliance on funding, and ineffective marketing strategies. The collapse of these companies highlights the need for innovation, quality prioritization, adaptation to regulations, infrastructure investment, and sustainable business models in the competitive edtech landscape in India. #EdTech #India #EducationTechnology #BusinessStrategies

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Unacademy is down, Byju’s is out – who’s winning India’s education race? With two of India's top edtech platforms facing challenges, there's a noticeable shift away from online learning in the K-12 and test prep segments. Parents, students, and investors are turning their attention back to local tuition centers and offline coaching chains – the very entities edtech aimed to disrupt. In response, edtech companies are revamping their marketing and sales strategies to rebuild trust with stakeholders. Investors are also diversifying, increasingly focusing on higher education and upskilling platforms. #EdtechIndia #K12 #MarketingStrategies #InvestorTrends

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The current state of #EdTech in India has left many tutors questioning their future, with concerns about job security, limited opportunities, and industry challenges. But while EdTech may face up’s and down’s, ✨ #SkillTech is here to stay. At EnglishYaari, we've earned the trust of over 100 expert tutors and we're on our way to building a team of 1,000+. But the question is - Why do tutors choose us? 1) Flexibility: 💻 Work from anywhere, anytime—complete freedom to teach your way. 2) Steady learners Flow: Consistent learners mean consistent and predictable 💸 earnings monthly. 3) Supportive Environment: We listen to our tutors and act swiftly on their feedback. 4) Connection & Community: Regular team meetings and celebrations ensure you never feel isolated. 5) Recognition & Rewards: Achievements are celebrated, with bonuses and incentives for going the extra mile. Our tutors are handpicked through a rigorous 4-step hiring process. Most of them join us through referrals from existing tutors, some are navigated through platforms that train trainers (like TEFL, TESOL, CELTA), and LinkedIn indeed helps in reaching out to potential profiles. Our reputation among language learners also attracts new talent. At EnglishYaari, we believe that trust is the foundation of every relationship. Learners trust us to guide them toward fluency, and we trust our tutors to lead the way. If you're confident in your skills and ready to make a difference, we’d love to welcome you to our community. Click on the link below 👇🏻 to Become a tutor https://lnkd.in/gJJ3uWJr #EnglishYaari #EnglishYaariTutor #SpokenEnglish #BusinessEnglish #LanguageLearning #tefl #englishteacher #eslteacher #certifiedtrainer #corporatetrainer #english #EnglishTutor

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Breaking News: PW (PhysicsWallah), the leading edtech platform led by Alakh Pandey, has secured a massive $210 million in funding, valuing the company at a staggering $2.8 billion. This marks the largest fundraise by any Indian edtech company in the past two years, sparking significant interest and discussion among netizens. So, what's driving this massive investment? PhysicsWallah's goal is clear: to expand its academic content and offerings, especially for competitive exams like JEE and NEET. To achieve this, the company is focusing on three key areas: Talent Acquisition: Attracting and retaining top-notch teachers and management staff is crucial for delivering exceptional educational experiences. By investing in talent, PhysicsWallah aims to create a more engaging and effective learning environment for its students. Quality and Affordable Education: PhysicsWallah's commitment to providing high-quality education at affordable prices has been a major factor in its success. The company's lectures are designed to cater to students of all levels, and its pricing structure ensures that education is accessible to a wide range of learners. Effortless Accessibility: In addition to its paid courses, PhysicsWallah offers a wealth of free educational content on YouTube. This makes it easier for students to access quality education from anywhere in the world, regardless of their financial circumstances. Is this fundraising necessary? Absolutely. The influx of funds will enable PhysicsWallah to maintain its affordable pricing model, expand its reach, and continue to invest in quality education. This is a win-win situation for both the company and its students. PhysicsWallah's latest fundraise is a testament to the company's vision and its potential to become a dominant force in India's edtech landscape. By focusing on talent, affordability, and accessibility, PhysicsWallah is empowering students to achieve their academic goals and build a brighter future. ##education #tech #startup #funding #edtech #innovation #technology #learning #science #STEM

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One student who is already doing PGDM asked me and I flatly told him not to proceed ! Why ? Level 1 pass percentage is 50% Level 2 is about 40% Level 3 is about 30% Approximately if you see last 10 years data which means if 100 students enroll only 50 will ever clear level 1 . Out of these only 20 will clear level 2 … ever … n of that 20 only 6 will become CFA charter holders …so probability of success is just 6% ! Probability of failure is 94% !!! Whereas the course you are doing … probability of success is 99% failure is 1% . So study subjects of PGDM very well first . End As it is the investment to do a full time on campus PGDM is close to 15 lakhs and I am of the firm belief that what you learn here is more than adequate . Corporate sector is unable to absorb does not mean one needs to keep spending and adding alphabets .

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The narrative for the global Edtech market is changing. The top player in the Indian Edtech market Unacademy is in talk to be purchased by Allen an offline legacy company(coaching institute). Unacademy which was once valued at 3.4billion is now in talks to be sold at just 800million. The bullish optimism to Edtech is changing and we are moving towards a blended model. It's time to rethink the scale of tech and its potential in this sector. What does it say for the Edtech companies in Bangladesh and what other innovation is required to make the industry evolve. Edtech entrepreneurs will be faced with challenges to provide value at scale. One question arises in my mind what comparable do we have with BIJUs bankrupt and Unacademy being sold.

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All edtech in Bangladesh will eventually be online and offline tutoring centers. The global edtech superstar Byjus is now worth zero, from USD 22B valuation from 2 years ago. It's only notable asset on the book is 'Aakash' - indian's largest coaching center chain. No matter the reason for the Byjus downfall, it will impact on how investors viewed edtech before. The valuation calculation by investors for edtech will change. And it will be difficult to raise investment with the same multiples, compared to the previous round. We will see aggresive physical center opening by local edtech. With each vertical, they will compete with the likes of Saifurs, Udvash etc. Eventually, the edtech will only take a portion of 25,000 crore taka private tution market. The online operation will eventually account for less than 10% of the revenue at the matured stage of the business. This is inevitable. I wish instead of 200+ edtech in Bangladesh, we had 20 great tutoring brands who could operate 200-300 centers each across the country offering various skills from primary to tertiary level. #edtech #bangladesh

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