Learn by gamification.
According to foreign media a> Reported that India’s Eduisfun has raised $ 28 million in angel round financing. Deepak Parekh and Chairman of Housing Development Finance Corporation and Bollywood actor Amitabh Bachchan and other angel investors co-funded with high net worth individuals. This round of financing will be used to increase the scholarship set up by Eduisfun and update the STEP App.
Eduisfun is an educational technology company , founded in 2014, headquartered in Mumbai, India, co-founded by Jatin Solanki and Praveen Tyagi. The STEP App , developed by the company’s , can help children learn easily by asking questions and giving children a clear understanding of mathematical and scientific concepts through gameplay.
According to the official website of Eduisfun, India ’s Maharashtra 16 tribal schools have adopted the app , Eduisfun is also working with the Maharashtra tribal development department to manage Boarding schools have established contact.
This model is similar to China’s Onion Academy, which also focuses on gamified teaching and establishes cooperation with many public schools. Helps teachers teach students something difficult to understand by using a chalk in traditional classrooms. Problems, such as vividly presenting very abstract mathematical concepts through digital video.
Onion College does a personalized course system for human-computer interaction, forming a closed loop of learning in a digital environment. The presentation of the course is more vivid and intuitive. Students take the initiative to participate in learning and learn at any time and place according to their own pace. Through artificial intelligence and interaction, thousands of people can learn.
STEP App for Eduisfun
Eduisfun recently launched a new program, Scholarships ranging from Rs 10,000 to Rs 10 million for students in financial difficulties One student in each grade receives a Rs 10 crore scholarship, and 50 students in each grade receive a Rs 100,000 scholarship each.
The company states that STEP APP has more than 150 franchisees in 67 cities in India , and its main competitors include Indian education technology companies Byju’s and MarkSharks.
According to India ’s “Economic Times” report, data from Venture Intelligence, an Indian investment data and analysis agency, shows that in terms of transaction volume, this year ’s Indian education technology sector can rank fifth in this round.