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Indian online learning platform Vedantu becomes unicorn with $100 million funding

TechCrunch

Online learning platform Vedantu has raised $100 million in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. These are also the two major challenges that online education platforms are attempting to address.

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UK’s Atom Learning picks up $25M from SoftBank for an AI-based online learning platform aimed at elementary school-aged students

TechCrunch

Specifically, Atom’s unique selling point is that it builds education materials that use machine learning and other AI tools to adapt to a users’ specific levels of knowledge; it also applies data science to build analytics and other tools for educators and parents to also work in more targeted ways to encourage more learning.

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English learning app ELSA lands $15 million Series B for international growth and its B2B platform

TechCrunch

The capital will be used to expand ELSA’s operations in Latin America and build a scalable B2B platform, allowing companies and educational organizations to offers the app’s coaching services to employees or students. Founded in 2015, ELSA, which stands for English Language Speech Assistant, now claims more than 13 million users.

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The future of work is skill-based

Fast Company Tech

There are many AI-powered platforms available that can support skills-based hiring and internal talent mobility by identifying strengths and assessing candidates based on their demonstrated abilities, ensuring a more equitable evaluation process.

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Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform

TechCrunch

Online learning continues to see a huge boost of attention and use in the wake of the COVID-19 pandemic, and today a startup building tools specifically for enterprises to deliver on their internal education remits is announcing a big round of funding that points to the startup’s own growth and ambitions.

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Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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GoStudent raises $340M Series D funding round as it pushes into international markets

TechCrunch

The new funding will be used for international expansion, product expansion through M&A and increased market share in existing geographies, said the company. The company is creating a leading global platform for K12 education and the speed at which they are growing is impressive. In addition to GoStudent, Kahoot!,