Education

Gurugram-based edtech startup Filo that offers online classes in a variety of subjects, announced today that it has raised $23 million (roughly Rs 174 crore) in a new funding round to expand its product portfolio, tap into new categories, expand its team, and scale its tutor base across the country. Anthos Capital, based in the United States, led the new Series A investment. Existing investor Better Capital, as well as GSV, Sapling Capital, Gokul Rajaram, Rob Frohwein (Co-Founder – Kabbage), Mate Pencz, and Florian Hagenbuch (Founders, Loft), and Ross Lipson,…

The central government is developing a policy to regulate the country’s edtech players. The proposed policy aims to reduce monopolies and prevent some edtech platforms from exploiting students through lofty promises or unfair practises. The Union Education Ministry is in discussions with the Ministries of Law and Electronics and Information and Technology (MeitY) to develop a common policy for the sector, which has seen a surge in the last two years. Education Minister Dharmendra Pradhan on January 3 said he respects edtech firms and is not against their business growth….

Masai School, an edtech and skilling startup based in Delhi, has paid $1 million for Prepleaf, an end-to-end placement preparation company specialising in Data Analytics. Prepleaf, founded in 2017 by IIT Kanpur alumni Ankit Agrawal, Amit Saharan, and Aman Singhal, provides 5-month Data Analytics courses. Masai will now offer courses in Data and Business Analytics in addition to Web Development and UI/UX Design, aiming to become India’s one-stop destination for outcome-based education, according to founder and CEO Prateek Shukla. The acquisition comes after the company announced an undisclosed funding round in October from Paytm founder Vijay Shekhar Sharma and CRED founder Kunal Shah, as well as a Series A round earlier this year led…