Education Technology
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 | 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 | 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