8 eLearning Trends you need to know about in 2018

Remember those eLearning courses your grandparents used to rant about when you were growing up? No, you don’t. Because eLearning wasn’t much of a thing back then. In fact, for your grandparents, it probably wasn’t a “thing” at all.But, times are changing. And eLearning? Well, eLearning is offering possibilities of convenience, accessibility, and personalization that training has never seen before. So, with technology becoming more affordable, it’s really no surprise that the eLearning industry is expected to top $240 billion by the year 2023. Or that 77% of U.S. companies offer online professional development opportunities to their employees.But as with all industries, it’s out with the old and in with the new. The year 2018 brings about eLearning trends focused on developing work-life skills like leadership and management, problem-solving, collaboration, adaptability and communication. Skills that are characteristic of a robust workforce ready for a change.

Spotlight

Rutgers University

Rutgers is the largest university within New Jersey's state university system, and it was ranked 54th in the world academically in a 2008 survey conducted by the Institute of Higher Education at Shanghai Jiao Tong University. The university offers more than 100 distinct bachelor, 100 master, and 80 doctoral and professional degree programs across 175 academic departments, 29 degree-granting schools and colleges, 16 of which offer graduate programs of study.

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Education Technology

Understanding & Improving the Universal Tier

Article | July 20, 2022

The universal tier is the curriculum, instruction, and assessments that we provide to all students in a grade level in school. This is the instruction that’s guaranteed for all students to receive.Our universal tier instruction typically focuses on grade level standards for our state and school. Schools use universal screening data in order to identify the effectiveness of their universal tier. There are two primary questions that schools ask as they’re doing this work. The first is if 80% of their students are successful. Schools typically use 80% criteria because they have resources to intervene with about 20% of students. If they have more than 20% of students who need additional intervention in order to be successful, their resources may be strained and they may not be able to provide intervention to all of those students.

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Education Technology

EdTech in 2021: Three Key Trends Shaping the Use of Technology in Education this Year

Article | July 15, 2022

The combination of education and technology is a hot topic in 2021. Virtual classrooms and e-learning have become the new norm, and new technologies start to determine early education. The discussion about trends in educational technology has never been more lively, and it's easy to lose sight of the big picture. It’s worth asking: what's driving today's education and technology integration in schools? Let’s check which EdTech trends are evolving right now in the industry and how they will dictate the future of the entire sector. Technological optimism in the teaching profession The first trend occurs on the institutional level: More and more schools are looking to integrate technology into the curriculum. Worldwide, teachers and schools have been seeing the positive sides of integrating technology. As a result, they have started demanding new, technology-based methodologies to overcome the challenges of traditional education. This curiosity is stronger and louder than ever before. At the same time, EdTech tools such as Google Classroom allow teachers to train themselves in technology-based teaching more quickly. Former three-day teacher conferences now happen periodically in many schools via distance discussions and practical peer review sessions. In those meetings, educators share their knowledge, tools, and ideas on matching technology with their curricula. It is a good sign that technology is penetrating further into the professional development of educators. Teachers understand that students’ development depends on their own development and are finally keen to attend workshops and conferences that address technology-based learning. The rising interest in technology-based education is also reflected among students. As the McGraw-Hill Education study points out, 53% of U.S. college students prefer classes that use and teach digital technology over traditional textbook lessons. Virtual reality facilitates learning in schools The second trend is how augmented reality and virtual robots change teaching and learning. One of the most exciting developments is the vast potential that simulations and virtual robotics offer to school education. For some time, augmented reality and virtual simulations have been on everyone’s mind. However, only recently have we started recognizing the immense possibilities that virtual reality (VR) carries to improve learning experiences. Today, preschool children can explore insects in actual size and authenticity via the Google search engine. Computer simulations, such as VR, can bring distant or abstract experiences into the classroom and make them technically accessible every day. And with simulations, students can examine “what-if” situations and learn how to test hypotheses and develop scientific rigor early on. In this way, students strengthen their practical skills and logical reasoning and develop their creativity. Some application examples are phenomena like the functioning of the solar system, explosive reactions between chemical substances, or progressions on how CO2 emissions will affect the ecosystem by 2050. Even if it’s not as obvious, simulations are valuable for linguistics, history, architecture, and other educational fields. Let’s take drones as an example. Students can program a drone and use the simulation to explore the features of bridges and monuments worldwide by doing expeditions with drones. Artificial intelligence drives personalized learning You cannot miss the immense opportunities artificial intelligence, and the Internet of Things (IoT) have brought to the EdTech sector. The principles of AI and IoT and their integration into students’ learning experiences continue to proliferate in school and at home. Tools such as voice assistants and AI tutors help diversify and personalize learning experiences and boost self-regulated learning. Software like Duolingo teaches children new languages based on what they’ve learned before and what they still find challenging. Such software also integrates voice recognition and responds in real-time, allowing users to simulate a real-world language learning experience. Moreover, AI-driven learning platforms collect student data and analyze where a student might need help, send a study reminder, or gather additional material on specific topics for the individual student. On those platforms, teachers can regularly review students’ learning data and take the proactive recommendations provided by AI into account. The personalized learning experiences that AI creates are crucial to improve students’ motivation and learning success. The goal is to support students in the same personal learning stage and give teachers accurate information on the student’s progress in specific areas. Personalized training makes sure that not a single one is left behind or slowed down because of underwhelming materials. The year 2021 as a window of opportunity Not only did AI and simulations open up new learning opportunities, but 2021 also brought sweeping changes at the grassroots level of technology and education. Schools, parents, and teachers have now understood the importance of technology for successful personal development. We are in the ideal moment to continue transforming teaching and learning through technology. Now, it is only a matter of creatively using the essential tools and integrating new devices–and marking a bright educational future for everyone.

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Education Technology

Metaverse: A New Dimension and Disruption for Education

Article | July 27, 2022

Imagine a virtual world where people socialize and work, and are represented by their virtual avatars. The concept may date back 50 years as part of sci-fi stories. Thanks to advancements in digital technology, it is seeing the light of the day in the form of Metaverse. The concept has been contemplated by many scientists, writers, and artists alike. However, the release of Metaverse proved to be the pinnacle of the many possibilities that digital transformation holds in store. The most exciting part is innovating powerful applications of Metaverse across industries, and Facebook is already on it. Not just employees, but any institution that no longer requires its stakeholders to be present physically, from banking to socialization to education, will discover the biggest opportunity for transformation. Learning in 2-Dimension Online education has received a shot in the arm in the past couple of years, more out of necessity than anything else. From K-12 to higher education, children are affected and protected by online learning in educational institutions. Inclusive online education is the biggest challenge faced by educators. Next, engaging students in an environment that does not employ their full sensory capabilities hampers learning. Despite these challenges, virtual classrooms remained the bastion of academics and learning at a time when many industries came to a standstill. The phase allowed software providers and institutes to identify challenges, assess their needs, and contribute to driving innovation in the edtech space. Thanks to the exponential increase in the demand for better solutions, edtech can now consider moving from a virtual classroom that shoots up screen time to a classroom simulation that is much more immersive, engaging, and effective. Virtual spaces have been around in some form for some time now, especially in the gaming world. With games like Second Life, Minecraft, and The Sims, many children and young adults are already familiar with the use of technology to live and play virtually. Metaverse will only make it easier to transform education completely. Anywhere Classrooms Although both online learning and virtual spaces have been around for a while, the conflux of both will engineer a new dimension and disruption for education. The blurring of physical boundaries and geographies is one of the most significant advantages of the Metaverse.While access to virtual classrooms still remains a big hurdle, the value addition from VR-based classrooms could solidify the case for virtual only classrooms. Compared to reading and lectures, which have a knowledge retention rate of 5% and 10%, respectively, VR has a retention rate of 75%. The high retention rate can encourage educational institutes to redirect their teaching equipment budget to educate more children, say, at the NASA space station or in the Amazon rainforest, all without them having to leave their homes. Anywhere classrooms may just be the detour that education needs to leverage the current landscape and create a powerful transformation for the industry. To Wrap Up Education is heading for a rebranded future with classrooms being replaced by virtual reality in the pursuit of remote learning. Anywhere classrooms will help eliminate virtual walls that are currently nowhere near providing the experience that a real classroom can. With children being well-versed with virtual reality ecosystems, Metaverse will further simplify the seamless adoption of a two-dimensional learning space that offers better education, near hands-on experience, and actionable knowledge.

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Education Technology

3 Inclusive Classroom Strategies to Use for Higher Student Enrollment

Article | May 21, 2022

In 2021, the National Student Clearinghouse Research Center reported that student enrollments were at an all-time low. Community college enrollment dipped by 11% while post-secondary enrollment saw a dip of 4.2% year-on-year. The impact of the last two years’ events clearly demonstrates the strain faced by all levels of educational institutions. The shift to the virtual classroom setup also saw parents and students recognize the importance of teaching and learning online. The significance of a virtual classroom is emphasized more than ever. It has forced schools to improve their online teaching infrastructure so that they can keep growing. But this has also affected inclusivity. According to UNESCO, school closures during the pandemic affected 1.2 billion children in 186 countries. In this article, we discuss why virtual learning is in dire need of inclusivity and inclusive learning practices. Why Does Inclusive Learning Matter in the Era of Zoom Classes? Edtech is a booming industry. In 2019, edtech investments reached a whopping US $18 billion. Further, the online education market is estimated to cross the $350 billion mark by 2025. There is no doubt that learning institutions are investing heavily in online learning. But inclusivity is still lagging far behind. The OECD’s Programme for International Student Assessment (PISA) found that 25% of secondary school-aged students from underprivileged backgrounds lack a computer. The writing on the wall is clear. Virtual learning is bound to widen the divide, and its impact will be felt most by underprivileged students. For educational institutions, delivering a positively inclusive learning experience online is essential to attracting students who do have access to educational technology. “In the higher education space, most schools were, and still are, predominantly focused on that in-person campus visit to do all those same things, but it’s expensive and it means only students and parents who travel to campus can get that real-life feel and experience.” - Matthew Pellish, Vice President of Strategy and Business Development at CampusReel Bringing Personalization to the Virtual Classroom Although virtual learning has stripped away the human touch that accompanies a classroom setting, there are ways to make it more engaging and meaningful. Engage students even before the class starts. This can be done by setting an agenda for the session beforehand and asking students to send in their queries and expectations from the session. Turning the greeting into a short discussion is a great way to engage everyone right off the bat. Tools like Zoom make it simpler to personalize every class with features like backgrounds and notes. Use the chat feature generously. Teaching and learning online has to be a one-sided flow of information for it to be effective. However, the chat feature empowers teachers to break the monotony. The best way to keep students attentive is through personalization. Attentiveness can be achieved by asking many questions, even if they are simply yes-or-no questions. It enables teachers to keep a check on engagement and pivot when needed. Simulating a Sense of Community A discussion on an inclusive learning environment is incomplete without mentioning student community building. Online teaching and learning is limited in its ability to provide a sense of community. Since students are physically separated from their peers, one-on-one connections are lacking. Despite the distance, there are a few solutions you can use to reduce the distance virtually. Identify the type of community you want to develop. Whether you’re offering synchronous or asynchronous courses, it is crucial to keep the student-peer-instructor link active. Create a loop of feedback between teachers and students to enable community building. Modern tools offer a number of ways to seek feedback that provides insight on teaching style and the general classroom environment. Create a classroom forum online. Forums offer the best of two-way interactions with a platform outside of the online class. This ensures constancy and inclusive learning even after the class is over. For those who weren’t able to attend due to technical difficulties or poor connectivity, they never lose track of what’s going on. Cultivating Two-Way Interaction Two-way interactions are an integral part of engaging learning experiences. Inclusive classroom activities online may not completely replace them, but much can be done to build a more involved form of communication. One way to design such activities is to use the Kanevsky and Keighly framework to engage students with the five Cs: choice, challenge, control, complexity, and care. Use screen sharing and remote access tools. Physical classrooms offer avenues for students to present to their peers. In a virtual classroom setting, this can be achieved with screen sharing. Empower students to retain better by making them present their perspective and understanding of different concepts. This gives other students the impetus to do the same. Initiate group discussions through your course management system. Inviting students to design the resources and collaborate on group projects will jumpstart in-depth discussions. Many course management systems allow students to share their notes with each other. This creates inclusive learning environment. Finally: Why Will the Online University Experience Will Attract More Students Although learning institutions are beginning to open up for the in-person learning experience, the effectiveness of a virtual classroom is undeniable. Like remote working, remote learning is gaining ground, and inclusive online teaching is inevitably important. A Cengage survey revealed that 68% of students prefer hybrid learning: a combination of online and offline course delivery. In addition, the Department of Education’s Integrated Postsecondary Education Data System (IPEDS) found that the number of students who enrolled in online-only programs rose from 3.5 million during the fall to 5.8 million. Fostering meaningful, hands-on learning similar to that in a classroom is difficult. Even though student enrollment in online courses is rising, learning institutions are facing the challenge of delivering a highly engaging learning experience. But with an understanding of the learning outcome and the right tools, institutions can develop robust, inclusive classroom activities that every student will want to benefit from. Frequently Asked Questions Do students and teachers prefer online teaching and learning? According to a recent survey by Cengage, about 73% of students prefer some courses to be delivered fully online. In addition, 57% of teachers said they prefer teaching hybrid courses over online-only courses. Is online teaching and learning a growing trend? Yes. Online learning platform Coursera experienced a huge spike in enrollments. In 2021, enrollment increased by 32% and peaked at 189 million. What are the principles of inclusive education? The principles of inclusive education are: Togetherness Participation Acceptance Equality

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Spotlight

Rutgers University

Rutgers is the largest university within New Jersey's state university system, and it was ranked 54th in the world academically in a 2008 survey conducted by the Institute of Higher Education at Shanghai Jiao Tong University. The university offers more than 100 distinct bachelor, 100 master, and 80 doctoral and professional degree programs across 175 academic departments, 29 degree-granting schools and colleges, 16 of which offer graduate programs of study.

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Education Technology

Schoox Recognized as a Top LMS with Learning Analytics Tools by eLearning Industry

Schoox | July 07, 2022

Learning management and talent development software provider Schoox has been acknowledged by eLearning Industry for the effectiveness of its integrated Business Impact which provides actionable insights to learning and development programs. Innovative organizations know learning is a strategic investment with the ability to accelerate business performance. Schoox’s Business Impact capabilities go beyond industry standard LMS analytics to help companies correlate training with results. By importing KPI data, businesses can measure the results of training and explore dependencies between sales, customer satisfaction, product and more. This sets Schoox apart from other LMS analytics tools in the market. And it’s provided to all Schoox customers at no additional charge. “Our team is committed to designing a solution that is as impactful as it is easy to use. “It’s exciting to see our hard work and dedication acknowledged with this ranking." Lefteris Ntouanoglou, founder and Chief Executive Officer of Schoox The recognition by eLearning Industry is the latest industry accolade for Schoox, which was also named a 2022 Corporate Learning Management Systems Leader by G2, the world’s largest tech marketplace. About eLearning Industry eLearning Industry (eLI) is the leading publishing platform that delivers inspiring, industry-specific content to eLearning professionals. As a top-tier eLearning marketplace, we offer a plethora of sophisticated, online marketing solutions to corporate training companies to empower and help them grow. Learn more at https://elearningindustry.com/ About Schoox Schoox transforms learning into business growth. Our SaaS learning platform and course marketplace help companies accelerate business results by unlocking employee potential, boosting customer retention, and driving reseller revenue through learning. Schoox powers learning experiences for numerous organizations around the world, including Subway, Celebrity Cruises, Phillips 66, and Sonesta Hotels.

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Corporate Learning Systems

ProctorFree Releases Latest LMS Integration With Jenzabar

ProctorFree | January 19, 2022

A seamless integration has been developed that provides ProctorFree's on-demand proctoring solutions directly within the Jenzabar One ecosystem. This integration between ProctorFree and Jenzabar eLearning will offer a higher level of security and confidence to exams and other testing performed by higher education institutions, associations, and organizations across the world. The integration will ensure a better online learning and testing experience for students, faculty, and exam administrators using the robust Jenzabar eLearning LMS platform. ProctorFree's secure online exam proctoring technology verifies student identity, protects test content, and deters cheating. Jenzabar offers a complete learning management system (LMS), student information system (SIS), and a host of additional solutions for higher education. "We're so excited to announce our most recent integration with Jenzabar. Jenzabar is well-respected in the higher education industry for its robust solutions, including their learning management system. ProctorFree proudly delivers award-winning online proctoring solutions including fully automated proctoring, human-assisted proctoring, secure web browser, and consultative assessment delivery services. The integration is seamless and easy to use for students, faculty, and administrators." Mike Murphy, CEO of ProctorFree For higher education institutions that necessitate a medium- to high-stakes assessment of knowledge and competency, the ProctorFree-Jenzabar integration establishes additional levels of security. From higher education institutions to government organizations to professional associations, ProctorFree serves a broad range of entities across the globe to add rigor and security to online exams. When student knowledge is assessed via an exam, quiz, or other test, ProctorFree's state-of-the-art technology continuously verifies a student's identity, deters academic dishonesty, and maintains the integrity of exam material by preventing recording or copying of test material during the exam. About ProctorFree Based in Davidson, North Carolina, ProctorFree delivers on-demand, easy-to-use, and cost-effective online proctoring solutions, including fully automated proctoring, human-assisted proctoring, secure browser-based testing, and exam delivery services.

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Education Technology

LEAD, India's largest School EdTech major, becomes first 'EdTech Unicorn' of 2022 after raising $100 mn

LEAD | January 14, 2022

LEAD, India's largest School EdTech player, has raised US $100 million at a valuation of $1.1 billion to continue its mission of transforming schools in India. This funding creates history on several fronts: Makes LEAD the first School EdTech player to enter the Unicorn club Makes LEAD the first EdTech Unicorn of 2022 The Series E funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company's ambitious vision of providing excellent education to every child. While most other EdTech companies offer supplemental education in K-12 or Higher education, LEAD is the only EdTech unicorn focused on transforming core schooling in India with its tech-integrated solutions. The company has seen rapid adoption in the last 4 years and will enter Academic Year 22-23 with 5000 schools across 500+ cities in India with an annual revenue run-rate of $80 million. It'll serve close to 2 million students and is unique in committing and delivering measurable improvement in student learning outcomes in schools. The company plans to use the proceeds to achieve its vision of providing quality affordable education to 25 million+ students with an annual revenue run-rate of $1 Bn. Immediate focus would be towards product and curriculum innovation, growth in its footprint and hiring top talent across functions. In the long term, the company plans to go deeper in the country to serve students in lower fee schools and expand internationally in similar geographies. "A child spends 6 hours in school and only 1 hour in tuitions. Transforming schools, when done right, has massive potential to alter our country's future. LEAD, with its integrated school system has broken new ground in this direction. We believe that in EdTech, Saraswati precedes Lakshmi. Our intense focus has been on learning outcomes and life success of our students. And this has resulted in not only strong adoption and retention by schools but also interest from investors who value returns with real impact. We're extremely thankful to our team of LEADers for staying true to our mission and helping take LEAD to all corners of the country. And we're fortunate to have the trust and support of partners such as WestBridge, Elevar Equity and GSV in this journey. This is a small milestone in our quest towards excellent education for every child." LEAD Co-founders Sumeet Yashpal Mehta and Smita Deorah WestBridge Capital Managing Director Sandeep Singhal said, "We are extremely proud of LEAD's success as the largest School EdTech provider in India. LEAD's growth last year, despite COVID disruptions, underlines its consumer first approach and deep focus on learning outcomes. We are excited to double down our investment in LEAD, to support in its mission of transforming the education sector in India and touching lives of millions of students." GSV Ventures Managing Partner Deborah Quazzo said, "LEAD has emerged as the gold standard for transforming K-12 education in India. The company acts as the Intel inside for affordable schools and guarantees 70%+ mastery in all subjects and all grades for low/middle income students and exceeds the guarantee. We, at GSV, believe that the mastery guarantee is a revolutionary offering in K12 education space and has the potential to be societally transformational for students. With this strong and unique value proposition and exceptional management team, LEAD is well on its path to become world's largest and most impactful School EdTech company." The company's valuation has doubled in the last 9 months on the back of strong growth in its operating and financial metrics. The current round is its fifth round of institutional funding since 2017. Founded by Sumeet Yashpal Mehta and Smita Deorah in 2012, LEAD has been transforming core schooling in India with its innovative full-stack School EdTech solution. Over the years, LEAD has been making global-standard education accessible and affordable to students, especially in non-metro cities. The curriculum in a LEAD-powered school is benchmarked with the best in the world, including schools in Singapore, Canada and USA. About LEAD: LEAD is India's foremost player in the School EdTech category promoted by Sumeet Yashpal Mehta and Smita Deorah, with the mission to transform school education in India. It combines technology, curriculum, and pedagogy into an integrated system of teaching and learning, thus improving student learning outcomes and teacher performance in schools across the country. LEAD's innovative and highly-effective Integrated Learning System significantly strengthens the role of schools, teachers, and parents in advancing the overall growth and development of every child by providing quality education.

Read More

Education Technology

Schoox Recognized as a Top LMS with Learning Analytics Tools by eLearning Industry

Schoox | July 07, 2022

Learning management and talent development software provider Schoox has been acknowledged by eLearning Industry for the effectiveness of its integrated Business Impact which provides actionable insights to learning and development programs. Innovative organizations know learning is a strategic investment with the ability to accelerate business performance. Schoox’s Business Impact capabilities go beyond industry standard LMS analytics to help companies correlate training with results. By importing KPI data, businesses can measure the results of training and explore dependencies between sales, customer satisfaction, product and more. This sets Schoox apart from other LMS analytics tools in the market. And it’s provided to all Schoox customers at no additional charge. “Our team is committed to designing a solution that is as impactful as it is easy to use. “It’s exciting to see our hard work and dedication acknowledged with this ranking." Lefteris Ntouanoglou, founder and Chief Executive Officer of Schoox The recognition by eLearning Industry is the latest industry accolade for Schoox, which was also named a 2022 Corporate Learning Management Systems Leader by G2, the world’s largest tech marketplace. About eLearning Industry eLearning Industry (eLI) is the leading publishing platform that delivers inspiring, industry-specific content to eLearning professionals. As a top-tier eLearning marketplace, we offer a plethora of sophisticated, online marketing solutions to corporate training companies to empower and help them grow. Learn more at https://elearningindustry.com/ About Schoox Schoox transforms learning into business growth. Our SaaS learning platform and course marketplace help companies accelerate business results by unlocking employee potential, boosting customer retention, and driving reseller revenue through learning. Schoox powers learning experiences for numerous organizations around the world, including Subway, Celebrity Cruises, Phillips 66, and Sonesta Hotels.

Read More

Corporate Learning Systems

ProctorFree Releases Latest LMS Integration With Jenzabar

ProctorFree | January 19, 2022

A seamless integration has been developed that provides ProctorFree's on-demand proctoring solutions directly within the Jenzabar One ecosystem. This integration between ProctorFree and Jenzabar eLearning will offer a higher level of security and confidence to exams and other testing performed by higher education institutions, associations, and organizations across the world. The integration will ensure a better online learning and testing experience for students, faculty, and exam administrators using the robust Jenzabar eLearning LMS platform. ProctorFree's secure online exam proctoring technology verifies student identity, protects test content, and deters cheating. Jenzabar offers a complete learning management system (LMS), student information system (SIS), and a host of additional solutions for higher education. "We're so excited to announce our most recent integration with Jenzabar. Jenzabar is well-respected in the higher education industry for its robust solutions, including their learning management system. ProctorFree proudly delivers award-winning online proctoring solutions including fully automated proctoring, human-assisted proctoring, secure web browser, and consultative assessment delivery services. The integration is seamless and easy to use for students, faculty, and administrators." Mike Murphy, CEO of ProctorFree For higher education institutions that necessitate a medium- to high-stakes assessment of knowledge and competency, the ProctorFree-Jenzabar integration establishes additional levels of security. From higher education institutions to government organizations to professional associations, ProctorFree serves a broad range of entities across the globe to add rigor and security to online exams. When student knowledge is assessed via an exam, quiz, or other test, ProctorFree's state-of-the-art technology continuously verifies a student's identity, deters academic dishonesty, and maintains the integrity of exam material by preventing recording or copying of test material during the exam. About ProctorFree Based in Davidson, North Carolina, ProctorFree delivers on-demand, easy-to-use, and cost-effective online proctoring solutions, including fully automated proctoring, human-assisted proctoring, secure browser-based testing, and exam delivery services.

Read More

Education Technology

LEAD, India's largest School EdTech major, becomes first 'EdTech Unicorn' of 2022 after raising $100 mn

LEAD | January 14, 2022

LEAD, India's largest School EdTech player, has raised US $100 million at a valuation of $1.1 billion to continue its mission of transforming schools in India. This funding creates history on several fronts: Makes LEAD the first School EdTech player to enter the Unicorn club Makes LEAD the first EdTech Unicorn of 2022 The Series E funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company's ambitious vision of providing excellent education to every child. While most other EdTech companies offer supplemental education in K-12 or Higher education, LEAD is the only EdTech unicorn focused on transforming core schooling in India with its tech-integrated solutions. The company has seen rapid adoption in the last 4 years and will enter Academic Year 22-23 with 5000 schools across 500+ cities in India with an annual revenue run-rate of $80 million. It'll serve close to 2 million students and is unique in committing and delivering measurable improvement in student learning outcomes in schools. The company plans to use the proceeds to achieve its vision of providing quality affordable education to 25 million+ students with an annual revenue run-rate of $1 Bn. Immediate focus would be towards product and curriculum innovation, growth in its footprint and hiring top talent across functions. In the long term, the company plans to go deeper in the country to serve students in lower fee schools and expand internationally in similar geographies. "A child spends 6 hours in school and only 1 hour in tuitions. Transforming schools, when done right, has massive potential to alter our country's future. LEAD, with its integrated school system has broken new ground in this direction. We believe that in EdTech, Saraswati precedes Lakshmi. Our intense focus has been on learning outcomes and life success of our students. And this has resulted in not only strong adoption and retention by schools but also interest from investors who value returns with real impact. We're extremely thankful to our team of LEADers for staying true to our mission and helping take LEAD to all corners of the country. And we're fortunate to have the trust and support of partners such as WestBridge, Elevar Equity and GSV in this journey. This is a small milestone in our quest towards excellent education for every child." LEAD Co-founders Sumeet Yashpal Mehta and Smita Deorah WestBridge Capital Managing Director Sandeep Singhal said, "We are extremely proud of LEAD's success as the largest School EdTech provider in India. LEAD's growth last year, despite COVID disruptions, underlines its consumer first approach and deep focus on learning outcomes. We are excited to double down our investment in LEAD, to support in its mission of transforming the education sector in India and touching lives of millions of students." GSV Ventures Managing Partner Deborah Quazzo said, "LEAD has emerged as the gold standard for transforming K-12 education in India. The company acts as the Intel inside for affordable schools and guarantees 70%+ mastery in all subjects and all grades for low/middle income students and exceeds the guarantee. We, at GSV, believe that the mastery guarantee is a revolutionary offering in K12 education space and has the potential to be societally transformational for students. With this strong and unique value proposition and exceptional management team, LEAD is well on its path to become world's largest and most impactful School EdTech company." The company's valuation has doubled in the last 9 months on the back of strong growth in its operating and financial metrics. The current round is its fifth round of institutional funding since 2017. Founded by Sumeet Yashpal Mehta and Smita Deorah in 2012, LEAD has been transforming core schooling in India with its innovative full-stack School EdTech solution. Over the years, LEAD has been making global-standard education accessible and affordable to students, especially in non-metro cities. The curriculum in a LEAD-powered school is benchmarked with the best in the world, including schools in Singapore, Canada and USA. About LEAD: LEAD is India's foremost player in the School EdTech category promoted by Sumeet Yashpal Mehta and Smita Deorah, with the mission to transform school education in India. It combines technology, curriculum, and pedagogy into an integrated system of teaching and learning, thus improving student learning outcomes and teacher performance in schools across the country. LEAD's innovative and highly-effective Integrated Learning System significantly strengthens the role of schools, teachers, and parents in advancing the overall growth and development of every child by providing quality education.

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