Posts filtered by tags: Asia[x]


Defendant in Southern California semen-tainted flute case agrees to plead guilty

An international music program founder who allegedly distributed semen-tainted flutes to schools in Orange and Los Angeles counties and traveled to the Philippines to have sex with minors is expected to plead guilty to federal and state charges in October. John Edward Zeretzke, 61, of Ventura, who formed Flutes Across the World in 2009 and has worked with thousands of children across the United States, has agreed to plead guilty to one federal count of production of child pornography and six sta...
Tags: Facebook, Asia, Crime, News, Education, Los Angeles, Sport, Soccer, United States, Philippines, Orange County, Orange, Child Sex Abuse, Southern California, Ventura, U S District Court

Chinese online learning app Zuoyebang raises $750M

Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in — and focus on — Asia’s booming edtech market. U.S. investment firm Tiger Global and Hong Kong-based private equity firm FountainVest Partners led the six-year-old startup’s Series E financing round. Existing investors including SoftBank’s Vision Fund, Sequoia Capital China, Xiang He Capital, Qatar ...
Tags: Apps, Asia, Hong Kong, Education, China, Softbank, Funding, Tech, Beijing, Tencent, Qatar Investment Authority, Baidu, Tiger Global, Mary Meeker, Zuoyebang, Reuters

Indian startups diversify their businesses to offset COVID-19 induced losses

E-commerce giant Flipkart is planning to launch a hyperlocal service that would enable customers to buy items from local stores and have those delivered to them in an hour and a half or less. Yatra, an online travel and hotel ticketing service, is exploring a new business line altogether: Supplying office accessories. Flipkart and Yatra are not the only firms eyeing new business categories. Dozens of firms in the country have branched out by launching new services in recent weeks, in part to ...
Tags: Amazon, Facebook, Ecommerce, Apps, Asia, Instagram, Education, Entertainment, India, Tech, Walmart, Zomato, Logistics, Mumbai, New Delhi, Flipkart

Indian edtech giant Byju’s in talks to acquire Doubtnut for more than $125M

Byju’s is in advanced stages of talks to acquire Doubtnut, a two-year-old education learning app, as the Indian edtech giant looks to expand its reach in smaller cities and towns in the world’s second largest internet market. Three sources familiar with the matter told TechCrunch that the acquisition offer from nine-year-old Byju’s values the younger startup between $125 million to $150 million. The talks haven’t finalized yet and its terms could change or the deal could fall apart, the sources ...
Tags: Fundings & Exits, Facebook, Apps, Asia, Education, India, Funding, Tech, New Delhi, Mary Meeker, TechCrunch, Byju, Sequoia Capital India, Byju's, Unacademy, India Byju

Mary Meeker’s Bond backs Indian online learning startup Byju’s

Indian online learning startup Byju’s has added one more high-profile name to the list of its backers: Bond. In a statement on Friday, Bangalore-based Byju’s said it had raised an undisclosed amount from the VC fund co-founded by Mary Meeker. The first-female founded VC firm’s check valued the nine-year-old Indian startup at $10.5 billion, according to a person familiar with the matter. TechCrunch reported early last month that Byju’s was in talks with some investors to raise as much as $400 mil...
Tags: Facebook, Apps, Asia, Education, India, Funding, Tech, Atlantic, Qatar Investment Authority, New Delhi, Bond, Mary Meeker, Oyo, Byju, Byju's, Raveendran Byju

Decoding Korean Cinema: A Pretty Much Pop Culture Podcast (ep. 43) We're seeing a lot of Korean media in American popular culture nowadays, what with Parasite winning the Oscar for best picture and K-Pop and K-Dramas finding an increasing American cult following. This is not an accident: The Korean government has as an explicit goal the growth of "soft power" through exported cultural products. This Korean Wave (Hallyu) was aimed foremost at Asia but has...
Tags: Google, Asia, Podcasts, Film, College, China, United States, Korea, Cinderella, North America, Busan, K Pop, Martin, Facebook Twitter, Bong Joon, Pretty Much Pop

Classplus raises $9M to grow its Shopify-like platform for teachers and coaching centers in India

An India-based startup that has built a Shopify -like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors. The business-to-business startup, called Classplus, said on Monday that it has raised $9 million in its Series A financing round led by RTP Global, a prolific investor in early stage startups. Existing investors Blume Ventures, Sequoia Capital India’...
Tags: Apps, Asia, Education, India, Funding, Narendra Modi, Tech, Sequoia Capital, Shopify, Blume Ventures, Kirill Kozhevnikov, RTP Global, Classplus, Mukul Rustagi, Rustagi

Indian education startup Byju’s is fundraising at a $10B valuation

Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part of the Bangalore-based startup’s ongoing financing round that has already seen Tiger Global and General Atlantic invest between $300 million to $350 million into the firm. That investment by the two firms thou...
Tags: Facebook, Asia, Education, India, Funding, Tech, Atlantic, Qatar Investment Authority, Sequoia Capital, Tiger Global, New Delhi, General Atlantic, Bangalore, Paytm, Chennai, Oyo

Understanding Duolingo’s quiet $10M raise

Earlier this month, edtech unicorn Duolingo raised $10 million in new venture capital from General Atlantic, per an SEC filing . With the raise, the online language learning platform accepted its first outside investor in almost three years. General Atlantic will take a board seat at the company, per Duolingo. The company, which was last valued at $1.5 billion, says the round has increased its valuation, but it declined to share by how much. General Atlantic has invested in a number of edtec...
Tags: Startups, TC, Asia, Education, Tech, Atlantic, SEC, Edtech, General Atlantic, Duolingo, Unicorn, Recent Funding, Unacademy Duolingo, TechCrunch Tanzeen Syed

12 major league edtech VCs discuss top trends, opportunities

Ready or not, edtech has been shoved into the spotlight as millions of students shifted to remote learning due to pandemic-related school shutdowns. But backing these companies are investors who have long believed that edtech was always set up for great returns and a big impact. We reached out to several to find out about which trends they’ve been willing to put their money behind. (And frankly, what we’ve been missing.) We got into how tech can help — or hurt — underserved students struggling t...
Tags: Fundings & Exits, Startups, TC, Asia, Education, Funding, US, Tech, Venture Capital, TechStars, Lightspeed Venture Partners, Jenny Lee, Reach Capital, Marlon Nichols, Jennifer Carolan, GGV

A 1665 Advertisement Promises a “Famous and Effectual” Cure for the Great Plague

There is a level of avarice and depravity in defrauding victims of an epidemic that should shock even the most jaded. But a look into the archives of history confirms that venal mountebanks and con artists have always followed disaster when it strikes. In 1665, the Black Death reappeared in London, a disease that had ravaged medieval Europe for centuries and left an indelible impression on cultural memory. After the rats began to spread disease, terror spread with it. Then came the advertisemen...
Tags: Google, Asia, Europe, London, College, Edgar Allan Poe, History, Bbc, Current Affairs, Italy, Albert Camus, Facebook Twitter, Owens, Josh Jones, Gile, Durham NC Follow

YC-backed EduRev wants to democratize online learning in India

As edtech startups emerge and expand in India, millions of students in the country now have an additional option to choose from when they prepare for competitive exams. But despite the proliferation of cheap Android handsets and availability of some of the world’s cheapest mobile data plans, online learning platforms in India are struggling to appeal to the masses because their offering is too expensive for many. EduRev, a Y Combinator-backed startup (W20), thinks it can address this. The three-...
Tags: Android, Startups, Y Combinator, Asia, Education, India, Funding, Tech, Netflix, Yc, Satija, EduRev, Kunaal Satija

Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students

Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others who have arrived from a foreign land, they can’t secure education loans or personal loans from the banks at interest rates on par with those levied on local students. The reason why these students — or anyone else moving to a different country — have to abide by a higher interest rate is because they don’t have a credit score with any local credit bureau. So for banks and other finan...
Tags: Startups, Asia, Education, Indonesia, Finance, Funding, San Francisco, Tech, Canada, United States, Credit, Sequoia Capital, Bangalore, Nea, SAIF Partners, Online Lending

The longest holiday: parents coping with coronavirus school closures in east Asia

In a bid to stem spread of the virus, schools in Hong Kong, China and Japan have been shut for weeksCoronavirus outbreak - live updates“It’s been a long holiday,” laughs Hong Kong insurance worker and mother, Sarah Wong.Wong and her two daughters Chloe and Greeta are at a co-working space in Jordan, Kowloon. Chloe has set her desk set up like home, with an iPad, her own lamp, and an aromatherapy diffuser. The girls, aged 12 and eight, are listening to online lessons from their school which has b...
Tags: Asia, Hong Kong, Family, Japan, Education, China, World news, Asia Pacific, Infectious Diseases, Schools, Parents and parenting, Hong Kong China, Chloe, Coronavirus outbreak, Sarah Wong Wong, Greeta

On-demand tutoring app Snapask gets $35 million to expand in Southeast Asia

Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding. Earmarked for the startup’s expansion in Southeast Asia, the round was led by Asia Partners and Intervest. Launched in Hong Kong five years ago, Snapask has now raised a total of $50 million and operates in Hong Kong, Taiwan, Malaysia, Indonesia, Thailand, Japan and South Korea. Its other investors have included Kejora Ventures, Ondine Capital and SOSV Chinaccelerator (Snapask participated ...
Tags: Fundings & Exits, Startups, TC, Apps, Asia, South Korea, Hong Kong, Education, Indonesia, Southeast Asia, Singapore, Tech, Malaysia, Vietnam, Tutoring, OCR

Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics through to ukulele lessons, has picked up $50 million from a single investor, Benesse Holdings, the Japan-based educational publisher that has been U...
Tags: Startups, Lyft, Asia, Japan, Pinterest, Education, Microsoft, India, Articles, Linkedin, Tech, Cisco, Adidas, Ceo, Netflix, President

Facebook backs Indian education startup Unacademy

Unacademy, one of India’s fastest growing education startups, has just received the backing of a major technology giant: Facebook. The social juggernaut has participated in the four-year-old Indian startup’s Series E financing round, sources familiar with the matter told TechCrunch. General Atlantic is leading the round, the size of which is about $100 million, the sources said. It wasn’t immediately clear to us exactly how big of a check Facebook has cut, but a source said it was under $2...
Tags: Google, Amazon, Facebook, Apps, Asia, Twitter, Education, India, Funding, Tech, Atlantic, General Atlantic, Ggv Capital, Chan Zuckerberg Initiative, Facebook India, Gaurav Munjal

India’s Vedantu scores $24M more for its online tutoring service

Vedantu, a Bangalore-based startup that operates a learning app aimed at students aged between 12 to 18, has secured an additional $24 million as part of its Series C financing round as it looks to serve more students and make its brand a household name. The fresh infusion to Series C, which Vedantu unveiled in August last year, was led by Chinese giant GGV Capital. Some existing investors also participated in the round. The $24 million extension broadens the five-year-old startup’s Series C ...
Tags: Startups, Apps, Asia, Education, India, Funding, Tech, Mumbai, Bangalore, Ggv Capital, Krishna, Vamsi Krishna, Vedantu, MT Educare, GGV Capital Some, Lakshya Institute

Indian education startup Byju’s raises $200M from General Atlantic

Indian education startup Byju’s said on Friday that General Atlantic, an existing investor in the startup, has pumped additional money to join the new ongoing financing round. While the startup did not disclose the size of General Atlantic’s check, a person familiar with the matter told TechCrunch that it had invested $200 million in the new round at a valuation of $8 billion. The announcement today comes weeks after Tiger Global committed to invest about $200 million in the nine-year-old sta...
Tags: Apps, Asia, Education, Funding, Tech, Atlantic, Tiger Global, General Atlantic, Byju, Byju's

Two-year-old Indian edtech startup Doubtnut raises $15M

Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has raised $15 million in a new financing round as it looks to serve more people in small cities and towns of the country. The financing round, Series A, was led by Chinese giant Tencent. Existing investors Omidyar Network India, AET, Japan and Ankit Nagori (founder of fitness startup Cure.Fit), and Sequoia Capital India also participated in the round,...
Tags: TC, Apps, Asia, Education, India, Funding, Tech, Whatsapp, Gurgaon, Omidyar Network, Gaurav Munjal, Sequoia Capital India, Unacademy, Tencent Existing, Omidyar Network India AET Japan, Doubtnut

SoCal students face disappointment, uncertainty after virus outbreak cancels study-abroad sessions in China

Grant Richardson’s dad Phillip watches a press conference on the novel coronavirus at home in Newport Coast on Friday, Jan. 31, 2020. Grant Richardson, a Pepperdine University sophomore, was forced to return from his semester abroad in Shanghai due to the novel coronavirus that forced Pepperdine to suspend its program there. (Photo by Kevin Sullivan, Orange County Register/SCNG) Grant Richardson, a Pepperdine University sophomore, was forced to return from his semester abroad in Shanghai due ...
Tags: Health, Asia, Business, Japan, News, Education, China, Sport, Beijing, Soccer, Higher Education, Shanghai, Korea, World Health Organization, Associated Press, State Department

India’s InterviewBit secures $20M to grow its advanced online computer science program

InterviewBit, a Bangalore-based startup that runs an advanced online computer science program for college graduates and young professional engineers, has raised $20 million in one of the largest Series A financing rounds in the education sector. The five-year-old startup’s Series A round was led by Sequoia India, Tiger Global and Global Founders Capital among others, it said. The startup said it is also rebranding its online coding program, earlier called InterviewBit Academy, to Scaler Acade...
Tags: Google, Amazon, Asia, Education, Microsoft, India, Funding, Tech, Netflix, Global Founders Capital, Bangalore, Times of India, Google Facebook Twitter, Google Amazon, Sequoia India, Sequoia India Tiger Global

InterviewBit secures $20M to grow its advanced online computer science program in India

InterviewBit, a Bangalore-based startup that runs an advanced online computer science program for college graduates and young professional engineers, has raised $20 million in one of the largest Series A financing rounds in the education sector. The nine-month-old startup’s Series A round was led by Sequoia India, Tiger Global and Global Founders Capital among others, it said. The startup said it is also rebranding its online coding program, earlier called InterviewBit Academy, to Scaler Acad...
Tags: Google, Amazon, Asia, Education, Microsoft, India, Funding, Tech, Netflix, Global Founders Capital, Bangalore, Times of India, Google Facebook Twitter, Google Amazon, Sequoia India, Sequoia India Tiger Global

Wikipedia now has more than 6 million articles in English

Wikipedia has surpassed a notable milestone today: The English version of the world’s largest online encyclopedia now has over six million articles. The feat, which comes roughly 19 years after the website was founded, is a testament of “what humans can do together,” said Ryan Merkley, Chief of Staff at Wikimedia, the non-profit organization that operates the omnipresent online encyclopedia. The 6 millionth article is about Maria Elise Turner Lauder, a 19th-century Canadian school teacher, tr...
Tags: Social, Apps, Asia, Science, Education, Wikipedia, Tech, Wikimedia, Jimmy Wales, Marie, Wikipedia Wikipedia, Lauder, Ryan Merkley, Maria Elise Turner Lauder, Rosie Stephenson, SimilarWeb Wikipedia

Watch Annie Leibovitz Photograph and Get Scolded by Queen Elizabeth: “What Do You Think This Is?”

No matter how many cultural icons you've met, Annie Leibovitz has almost certainly met more of them. Not only has she met them, she's talked with them, spent long stretches of time with them, told them what to do, and even looked into the nature of their very being — which is to say, she's photographed them. Having put in her crosshairs the likes of John Lennon, Michael Jackson, Christopher Hitchens, and Barack Obama, one would assume Leibovitz has lost entirely the ability to be intimid...
Tags: Google, Asia, Photography, College, Los Angeles, Barack Obama, Nasa, Bbc, United States, Buckingham Palace, Annie Leibovitz, Vanity Fair, Windsor, Elizabeth, Facebook Twitter, Leibovitz

Hear Neil Gaiman Read A Christmas Carol Just as Dickens Read It

Image by New York Public Library Last Christmas, we featured Charles Dickens' hand-edited copy of his beloved 1843 novella A Christmas Carol. He did that hand editing for the purposes of giving public readings, a practice that, in his time, "was considered a desecration of one’s art and a lowering of one’s dignity." That time, however, has gone, and many of the most prestigious writers alive today take the reading aloud of their own work to the level of art, or at least high entertainment, tha...
Tags: Google, Asia, College, Neil Gaiman, Edgar Allan Poe, Los Angeles, History, Bbc, Nypl, Literature, Charles Dickens, Lewis Carroll, New York Public Library, Dickens, Facebook Twitter, Gaiman

Indian education startup Byju’s turns profitable

One of India’s biggest tech startups is no longer losing money. Education tech startup Byju’s on Tuesday posted a net profit of $2.8 million on revenue of $188.8 million in the financial year that ended in March this year. During the same period, Byju’s revenue increased to $208 million, from $73.2 million a year ago. The eight-year-old Bangalore-headquartered startup, which was valued at $5.75 billion in its previous financing round earlier this year, said it is on track to double its revenue t...
Tags: Apps, Asia, Education, Australia, India, Tech, New Zealand, Bangalore, Osmo, Mohit, Byju, Anita Kishore

What lies behind Asia’s thriving shadow education industry

In another side of the country so glamorously showcased in the hit move Crazy Rich Asians, families in Singapore spent a staggering $1.4 billion last year on academic enrichment for their children.Behind this eye popping figure lies a thriving shadow education industry that provides a mind-boggling diversity of services, from brain stimulation classes for pre-schoolers to language immersion holiday camps and robotics workshops, not to mention grade-oriented academic tuition. It is no wonder that...
Tags: Asia, Books, Featured, Education, Parenting, Children, Singapore, University, Sociology, Social Sciences, CC BY SA, Programme for International Student Assessment, Digital Age, Crazy Rich Asians, Enrichment Classes, Private Tuition

The Ultimate Korean Fashion Guide, Part 2: Edgy Street Style

Our ultimate guide to Korean fashion concludes with a look at the edgy street style aesthetic popular in Seoul.
Tags: Asia, College, Uncategorized, K-pop, Streetwear

Gradeup raises $7M to expand its online exam preparation platform to smaller Indian cities and towns

Gradeup, an edtech startup in India that operates an exam preparation platform for undergraduate and postgraduate level courses, has raised $7 million from Times Internet as it looks to expand its business in the country. Times Internet, a conglomerate in India, invested $7 million in Series A and $3 million in Seed financing rounds of the four-year-old Noida-based startup, it said. Times Internet is the only external investor in Gradeup, they said. Gradeup started as a community for students to...
Tags: Startups, Mobile, Apps, Asia, Media, Education, India, Funding, Tech, Bangalore, Naspers, Times Internet, Satyan Gajwani, Reliance Jio, Noida, Vedantu

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