Highlights of Union Budget (2021-22) – M&A and Startup
Byju’s on its way to become the World’s Largest Edtech Startup
India’s largest online education startup, Byjus, is set to acquire the medical test prep leader, Aakash Educational Services Ltd (AESL), for $1 Billion in the upcoming months. This acquisition will be one of the largest in the Ed-Tech sector. Byju’s has been on a fundraising...
Musk Foundation’s $5 million Donation to Khan Academy
In a video posted by Khan Academy on YouTube, founder Salman Khan thanked Elon Musk for his generous donation of $ 5 million through Musk Foundation. Khan said that he hoped that Elon really felt good about the donation as the amount would help...
Is banning Chinese Apps in favor of promoting Jio Platforms?
Indian Government has announced on 29th June 2020 to ban 59 Chinese apps as it is believed to be prejudicial to sovereignty and integrity of India, security of state and public order. This move is following Galwan Valley clash between Chinese and Indian armies. ...
Indian EdTech Sector during COVID Pandemic
Global education market size is worth $6 Trillion. India is positioned distant 3rd after China and the US at $ 215 billion in terms of the market size in education sector. Indian EdTech industry is estimated to be worth $2 billion in 2021 and is estimated to reach $5 billion by...
Addressing Total Addressable Market and Target Market
How to calculate Total Addressable Market, Served Available and Target Market? Bottom up approach and Top down approach Helpful in fundraising and building up startup story Relevance of Total Addressable Market and Target Market for investors