Edinbox
Edinbox Blog
Byju’s ongoing insolvency saga has taken a new turn, with US-based lenders contesting founder Byju Raveendran’s assertion that the company's verified debt is only Rs 20 crore. Glas Trust, representing the US lenders, has countered this claim, stating that the ed-tech giant must repay the full $1.2 billion Term B Loan, plus interest.
As artificial intelligence (AI) increasingly permeates everyday life, its influence on international education is becoming profound and transformative. Universities and educational institutions worldwide are integrating AI into various aspects of the academic experience, reshaping the way students engage with their studies abroad.
The Indian EdTech sector, once hailed as a beacon of innovation and growth, is now facing a harsh reality check. Funding has plummeted by 30%, from $308 million in 2022 to $215 million, leaving the industry reeling.
To tackle the skill gap in India's workforce, ed-tech company NxtWave has partnered with the National Skill Development Corporation (NSDC) to launch the SkillUp India 4.0 initiative. This ambitious program aims to provide free online training to over 30 lakh students nationwide, focusing on emerging technologies such as Artificial Intelligence (AI), Data Science, Cybersecurity, and more.
To reshape the educational technology landscape, the Tamil Nadu government has partnered with Google to establish the Tamil Nadu AI Labs in Chennai.
Turnitin, a global frontrunner in academic integrity and assessment technologies, has launched innovative features tailored for Indian educators. As the new academic year approaches, these offerings are set to revolutionise the classroom experience by enhancing digital integration, streamlining grading processes, and fostering original thinking among students.
Psychoanalysis, a method of exploring and understanding the human mind, has traditionally relied on face-to-face interactions between therapists and patients.