Showing posts with label Online Education. Show all posts
Showing posts with label Online Education. Show all posts

Tuesday, March 31, 2020

Byju's, Toppr close social distance as demand for online education spikes


Edtech brands offer discounts, add fresh content and engage more frequently with users.


Over the past fortnight as students across the country and across age groups have been forced to rely increasingly on online learning, educational tech or edtech brands have been drawn under the spotlight. Byju’s, Toppr, upGrad and Lido Learning, among others, have seen a sharp rise in student engagement and enquiries on their platforms. And to make the most of the demand pull in the time of a countrywide lockdown, these brands have stepped in with attractive offers, extensions and a host of user engagement initiatives, hoping that this is the best time to bridge the digital gaps on internet’s educational highway.

Some brands have made their content free, unlocking what used to be hitherto premium access, while many have launched short, engaging content, hoping to hook first timers on to their platforms. Byju’s has made the learning app free for all students till the end of April. Similarly, an after-school personalised learning app, Toppr has made its ‘live’ and ‘video’ classes free for students from class 5 to class 12. Higher education platform, upGrad has opened up its ‘live platform’ to colleges, universities, NGOs and government agencies.

This is the edtech moment say experts. Much as demonetisation was the turning point for fintech brands, the present lockdown will give online learning its biggest boost ever, believes N Chandramouli, CEO of TRA Research. While the benefits and convenience of digital learning may have been evident for a while, its importance was never driven home as sharply as is being done now. With students being restricted to their homes and being tutored by parents, there is an educational gap that must be filled. And since parents don't want their children to lose out, they are more open to edtech platforms he pointed out. “The edtech brands have come out at the right time (with their offers),” Chandramouli added.

“Since our announcement, there is a 60 per cent increase in the number of new students using the app daily. The number of queries from students and parents have more than doubled in the past week,” said Divya Gokulnath, co-founder and director, Byju’s. The numbers have zoomed for Toppr too according Zishaan Hayath, its founder and CEO. The platform has seen a 50 per cent growth in subscribers for its ‘live’ classes. “Students are also spending more time on all modules, with the highest growth on ‘Ask Doubts’ module,” he added.

Wednesday, July 24, 2019

Byju's to replace Oppo on Team India jersey after West Indies tour


BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of the deal.


From September onwards, Team India will have a new brand name on their jerseys.
Chinese mobile-maker Oppo will be replaced by Byju's, the Bangalore-based educational technology and online tutorial firm.

Team India will sport Oppo logo on their jerseys till the West Indies tour which commences from August 3 and ends on September 2.

Once, South Africa tour of India begins from September 15, Byju's will takeover the jersey.

In March 2017, Oppo had won the Indian team sponsorship rights for a five-year period, i.e. till March 2022 for a whopping amount of Rs 1079 crores, outbidding Vivo mobiles' Rs 768 crore bid.

However, according to a Times of India report, Oppo has now decided to exit the space because it finds the value at which it acquired the rights in 2017 to be "extremely high" and "unsustainable".

The report further says that BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of the deal which runs till March 31, 2022.
Oppo was paying BCCI Rs 4.61 crore per bilateral match and Rs 1.56 crore for an ICC event match.

Before that, STAR India used to pay Rs 1.92 crore per bilateral match and Rs 61 lakh for an ICC match.

Business Standard