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PrepInsta And Dronacharya Group of Institutions Forge Partnership To Offer Comprehensive Placement Support To Job Aspirants
OutlookIndia
·
1y ago
Medial
PrepInsta and the Dronacharya Group of Institutions have entered into a strategic partnership to provide students with placement support and upskilling opportunities. The Memorandum of Understanding (MOU) between the two entities aims to offer over 20,000 students access to industry-specific courses, mock tests, video content, and job updates from various companies. The collaboration seeks to enhance students' employability and strengthen the institute's placement records.
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Related News
Adda247 Marks Fourth Acquisition With Placement Preparation Platform PrepInsta
Inc42
·
10m ago
Medial
Adda247 has acquired PrepInsta, a placement preparation platform, expanding its offerings in job-focused education and skilling programs. This marks Adda247's fourth acquisition, following StudyIQ, Veeksha, and Ekagrata Eduserv. In the financial year 2023-24, Adda247 recorded an 88% YoY revenue growth, reaching INR 243.39 Cr, while reducing its net loss by 66% to INR 101 Cr compared to the previous fiscal year.
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Edtech startup Adda247 buys placement preparation platform PrepInsta
Economic Times
·
10m ago
Medial
Edtech startup Adda247 has acquired placement preparation platform PrepInsta. The financial details of the deal were not disclosed. Adda247 aims to become an integrated provider of job-focused education and skilling programs. This acquisition is the fourth for Adda247, following its previous acquisitions of StudyIQ, Veeksha, and Ekagrata Eduserv. Adda247 plans to expand into the private sector job market and has identified key sectors such as banking, financial services, insurance, and technology for its skilling initiatives. The company currently serves over 40 million users and reported revenue of ₹243.39 crore for 2023-24.
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'₹35,000 a month...': Viral post on PhD stipends sparks uproar over India’s research funding neglect
Business Today
·
4m ago
Medial
India's research ecosystem suffers from chronic underinvestment, impacting scientific infrastructure and support. This neglect forces researchers to choose between their passion and survival, in a system valuing rote learning over inquiry. Concerns about quality in research programs are prevalent, with many PhD aspirants and guides lacking necessary skills and over 80% of institutions lacking proper infrastructure. Consequently, many students resort to PhD programs as a means to secure a monthly income.
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Classplus Invests In Gujarat-Based Test Prep Platform GyanLive
Inc42
·
1y ago
Medial
Edtech unicorn Classplus has made a strategic investment in Gujarat-based startup GyanLive, which offers test preparation courses for state government job aspirants. GyanLive plans to use the funds to expand into national-level government job exams and school exam preparation in regional languages. The partnership will also allow GyanLive to leverage Classplus' technology to improve its tech stack. Classplus has previously made investments in edtech startups like Abhay Maths and Saarthi, although some of these investments have been involved in controversies. Classplus reported a net loss of INR 256.6 crore ($34 million) in FY23, with operating revenue of INR 102.04 crore.
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Bringing Youth At The Forefront Of India’s Startup Revolution
Inc42
·
11m ago
Medial
SUMMARY Incubators provide valuable resources such as labs and mentorship to students, enabling them to gain practical experience with advanced technologies. In addition to financial support such as seed funding and grants, universities are collaborating with private organizations to offer comprehensive financial packages for startups. Integrating business modules into the regular curriculum is also an effective approach used by higher education institutions to foster entrepreneurship.
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IBM partners with C-DAC to enhance High Performance Computing (HPC) in India
IndianStartupNews
·
1y ago
Medial
IBM has signed a Memorandum of Understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC) in India to enhance High-Performance Computing (HPC). The partnership aims to focus on processor and system design, firmware, and application development. This collaboration will leverage IBM's Power processor for HPC applications and target startups, MSMEs, research organizations, and academic institutions in India. By fostering innovation and skill development, the partnership aims to build a comprehensive ecosystem for HPC in the country. The collaboration also includes the establishment of an HPC working group to design and develop indigenous processors based on the IBM Power architecture.
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JSW Energy raises ₹5,000 cr QIP to accelerate growth plans
Livemint
·
1y ago
Medial
JSW Energy, a subsidiary of JSW Group, has raised ₹5,000 crore through a qualified institutions placement (QIP) to support its growth plans. The funds will be used for debt repayment and investment in JSW Neo Energy, the company's renewable arm. The QIP garnered strong interest from global long-only investors, domestic mutual funds, and insurance companies, resulting in an oversubscription of over 3.2 times. JSW Energy aims to reach a generation capacity of 20 GW and an energy storage capacity of 40 GWh by 2030, with carbon neutrality by 2050.
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CarDekho’s fintech firm Rupyy to expand into personal-loan segment
IndianStartupNews
·
1y ago
Medial
Rupyy, the fintech arm of CarDekho Group, is expanding into the personal lending space to diversify its revenue streams beyond auto loans. Initially targeting salaried consumers, Rupyy plans to offer small-ticket personal loans under Rs 40,000. The company aims to transform into a comprehensive financing platform and leverage its partnership with leading banks and NBFCs to scale its operations. This move comes as CarDekho Group reports impressive revenue growth, driven by Rupyy and InsuranceDekho, and aligns with its objective of achieving profitability and potentially going public.
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TCS extends deal with Bank of Bhutan
Economic Times
·
8m ago
Medial
Tata Consultancy Services (TCS) has expanded its partnership with Bank of Bhutan to modernize the bank's digital core. TCS will implement its banking software platform, TCS BaNCS, to optimize operations and integrate with the country's digital ecosystem. This move allows the bank to offer personalized financial services and support the digitization initiatives of the Kingdom of Bhutan. Additionally, this partnership highlights TCS's efforts to diversify its client base beyond North America and Europe. TCS BaNCS handles banking transactions for over 30% of the global population and helps institutions transition from legacy technologies.
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Placement-focused startup NPrep raises pre-seed round led by All In Capital
Entrackr
·
3d ago
Medial
Placement-focused startup NPrep raises pre-seed round led by All In Capital NPrep, a placement-focused company which is building an AI-powered skilling platform for nursing students and professionals, has raised an undisclosed amount in a pre-seed funding round led by All In Capital along with participation from IIMA Ventures, Chegg’s founder Aayush Phumbhra, and several family offices and angel investors. The proceeds will be utilized to expand its course offerings, strengthen and build AI-driven learning platforms, and deepen its placement partnerships with hospitals and healthcare institutions across India, NPrep said in a press release. Co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, Gourav, and Shrey Gupta, the startup aims to address the barriers of students from tier II and tier III cities by offering an AI-powered skilling and placement platform tailored to the specific needs of nursing students and professionals. According to NPrep, it will also support students through mock interviews, resume building, and automated assessment tools that help improve their job readiness. The platform claims to have more than 2 million learners every month and growing its user base to 40,000 students in the last six months alone. The company plans to expand its placement services domestically in FY26 and internationally by FY27, building on its foundation of medical and technological expertise.
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