-
India’s Physics Wallah Raises $210 Million at $2.8 Billion Valuation Even as EdTech Funding Remains Scarce
One of Physics Wallah’s key strengths is the affordability of its courses, with prices starting as low as $50 for an entire year.
- Categories
- Education, Technology
- Region
- Asia Pacific
-
Press Release: Unlocking Opportunity for the World’s Underprivileged Children and Youth: International Finance Facility for Education (IFFEd) Commits to $1.5 Billion for Global Education and Skills in LMICs
This historic public-private, non-partisan international finance facility of $1.5bn was commitment for 2024-2025 to global education at the UN Summit of the Future.
- Region
- Global
-
Egyptian Ed-Tech Startup Educatly Plans MENA Expansion After Banking Seed Funding
The platform serves over three million students, and is operational in Egypt, Saudi Arabia, the United Arab Emirates (UAE), Nigeria, Kenya, and Ireland.
- Categories
- Education, Technology
- Region
- Global
-
Berlin Edtech Pioneer EIDU Open Sources Code to Boost Global Learning
EIDU partners with governments in low- and middle-income countries (LMICs) to sustainably and affordably digitise public education systems.
- Categories
- Education, Social Enterprise
- Region
- Global
-
Solving the Educational Disparity in India: A Scalable Solution Leverages AI and Behavior Change to Reach Underserved Communities
Around 37 million Indian children lack access to any form of early education service. Vishal Sunil and Sushmita Roy at Rocket Learning discuss how their organization is addressing this issue through its learning platform, which leverages AI technology and WhatsApp to provide free educational tools to children and parents, while offering training and other resources to the daycare workers who play a key role in the country’s early childhood development landscape.
- Categories
- Education, Technology
-
Mobilizing Capital in the Low-Cost Private School Sector: Key Insights Two Years into an Innovative Partnership
One in five children in sub-Saharan Africa are out of school, and without scalable solutions, the region — like other emerging markets — won’t meet SDG 4’s goal of education for all. Mauricio Rincon and Mathieu Fourn at Opportunity International, and Alvaro Ma at Oikocredit argue that affordable non-state schools can help address this need — but only if they're supported by financial institutions and impact investment. They share learnings from a partnership between Opportunity and Oikocredit that is directing millions of dollars in capital to these schools, along with capacity building and other support.
-
IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
-
An African Approach to Online Education: An Innovative Platform Aims to Prepare the Continent’s Youth for the Jobs of the Future
By 2050, one in every four individuals in the world will be African. In response to this demographic shift, it's essential to ensure that young Africans possess the necessary skills to compete in the global job market. But according to Adewale Yusuf at AltSchool Africa, conventional educational approaches have failed to meet these students' unique needs. He explains how AltSchool Africa developed an online platform based on African approaches to learning, and how the platform provides young students with the job skills they need to succeed in an increasingly global economy.
- Categories
- Education, Technology