Prashant K Nanda
Stories by Prashant K Nanda
IIT Madras raises $95.8m from industry, alumni as endowment fund
An endowment fund is a new phenomenon in the Indian higher education space.
India: Maruti Suzuki, IIM Bangalore to jointly mentor 26 startups
The ventures will be allowed to pitch for incubation and funding.
Sequoia-backed education loan provider Eduvanz raises $10m debt funding
InCred, Vivriti Capital, and Northern Arc Capital joined the funding round.
India: Edtech startup Udayy raises $2.5m from Alpha Wave, Info Edge
The latest round also saw participation from Better Capital, Kunal Shah and other angel investors.
Veranda Learning buys Indian exam preparation institute Chennai Race for $13.5m
The new brand ‘Veranda Race’ will offer test prep content in 11 Indian languages by end-2021.
Indian test prep firm Aakash sets up edtech unit to cash in on online coaching boom
The digital coaching market has been growing at a fast pace due to the disruptions caused by the pandemic.
Indian govt plans to ease rules on foreign investment in education sector
The government will frame rules, targeting foreign investors and universities keen on India’s capital-starved education sector.
IIT Delhi to back deep-tech startups to foster research ecosystem
The institute will support startups focusing on connected intelligent systems, mixed reality, drug discovery and medical research, among others.
Ashish Dhawan’s CSF closes $40m fund focused on early education in India
Ashish Dhawan-promoted Central Square Foundation (CSF), London-based hedge fund Steadview Capital, the Bill and Melinda Gates Foundation (BMGF), and G
Philanthropic foundations launch $11m impact bonds to improve education in India
The fund size will be doubled in the coming days to improve the education outcome of 300,000 students in Delhi and Gujarat.
