Education a right, no more a privilege: ZEE5 partners with startup Eduauraa to make learning affordable

Together, they aim to democratise education by giving world-class quality educational content.

Agencies
The idea to democratise education came to 23-year-old Columbia University alumnus Akanksha Chaturvedi.
ZEE5, one of India’s largest ConTech brands has announced an exclusive partnership with startup Eduauraa, a premier digital learning platform. Together, they aim to democratise education by giving world-class quality educational content at an affordable price, empowering over 310 million students.

The idea to democratise education came to 23-year-old Columbia University alumnus Akanksha Chaturvedi, founder and CEO of Eduauraa, when she realised that technology had disrupted every industry and made it more affordable, accessible and convenient.

Expensive education

From (L-R) Tarun K, Punit G, Dr Ramesh P and Akanksha C.
From (L-R) Tarun K, Punit G, Dr Ramesh P and Akanksha C.


India has the world’s largest school-going population between the age bracket of 6 and 17, with over 310 million students. Over 55 per cent of Indian students take tuitions, and on an average, 11-12 per cent of a parent’s income goes on a single child’s education.

The cost of education has risen from Rs 55,000 to Rs 1,25,000 over the past decade, an increase of over 150 per cent. And despite spending a huge portion of their earnings, parents have no control over the quality of education their children get access to.

E-learning platforms in India remain expensive ranging from Rs 15,000 to Rs 2 lakh a year. When 85 per cent of India earns below Rs 8 lakh a year, how can we afford this? Eduauraa was founded with the aim to combine quality education with technology at the right price point, to reinstate education as a right and not a privilege and to support the government’s vision to make India one of the most educated countries in the world.

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The strategic tie-up with the ZEE5’s OTT platform ensures the company gets the right distribution partner with access to over 75 million households across India.

Level playing field

Tarun Katial, CEO, ZEE5 India said, “Our larger vision at ZEE5 is to be able to build a rich repository of purposeful content across genres, which makes a ZEE5 subscription an investment for an individual to enjoy content viewing anytime, anywhere. Eduauraa coming on board with ZEE5 will help us strengthen our education content portfolio. With our wide reach across the country, including metros, tier-2 cities, tier-3 towns and villages, we hope to provide quality education to children in an engaging way at no extra cost.”

Chaturvedi said, “India can be transformed if superior quality education can reach every child. The challenge was that world-class education was expensive and only the rich could afford it. With a philosophy of empowering children and playing catalysts to equal opportunities, Eduauraa was created to democratise education by using technology, making premier quality education reach every corner of India at an affordable price.”

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The tie-up was announced at an event in Delhi by HRD Minister Ramesh Pokhriyal Nishank, Punit Goenka, MD and CEO of Zee Enterprises Ltd, Katial and Chaturvedi.

Foreign Investors Love India: Paytm Top-Valued Startup At $10 Bn; Snapdeal & Byju’s Also In The List
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Venture capitalists make a living out of backing the right horse. The corporate racecourse is filled with examples of colts that went on to win big, in part due to funding from well-heeled backers who bought into the early promise. Think Facebook, Spotify, or Alibaba.



According to a report by the machine intelligence platform CB Insights, there were 411 unicorns as of January 2019, of which the lion’s share were registered in the United States and China.

Venture capitalists make a living out of backing the right horse. The corporate racecourse is filled with examples of colts that went on to win big, in part due to funding from well-heeled backers wh..
Read More
Since the opening up of the Indian economy nearly three decades ago, a raft of businesses have sprung up, becoming torchbearers for the country on the world stage. Despite cloudy skies on the economic front, India remains a favoured destination for foreign investors, many of who see a pot of gold at the end of the rainbow. As many as 19 unicorns are stabled in India. In business parlance, a unicorn is a startup is a private company that is valued at over USD 1 billion. India has the distinction of being in the fourth spot globally in terms of the number of ‘unicorns’ according to the country of their domicile.
Since the opening up of the Indian economy nearly three decades ago, a raft of businesses have sprung up, becoming torchbearers for the country on the world stage. Despite cloudy skies on the economi..
Read More
The United States boasts 194 unicorns, while China, the United Kingdom and India have 99, 20, and 18 high-value startups. India ranks higher than countries like Germany, France, and South Korea, which have more advanced economies.
The United States boasts 194 unicorns, while China, the United Kingdom and India have 99, 20, and 18 high-value startups. India ranks higher than countries like Germany, France, and South Korea, whic..
Read More
At USD 10 billion, the top-valued Indian unicorn is One97 Communications, the parent company of Paytm. The highest-valued private company in the world is China’s Bytedance, the maker of a suite of popular social sharing apps including TikTok, which was briefly banned in India. Other Indian companies on the list include Snapdeal (USD 7 billion), Byju’s (USD 5.75 billion), Oyo Rooms (USD 4.3 billion), Swiggy (USD 3.3 billion), and Zomato (USD 2.18 billion).

Here a look at some of the highest-valued unicorns in India, industry-wise.
At USD 10 billion, the top-valued Indian unicorn is One97 Communications, the parent company of Paytm. The highest-valued private company in the world is China’s Bytedance, the maker of a suite of po..
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China’s Bytedance tops the chart at USD 75 billion, followed by Alibaba-backed SenseTime and the New York-headquartered UiPath. USD 7 billion-rated Argo AI is among the top four firms engaged in developing artificial intelligence and machine learning technology. Argo AI, which is backed by the Volkswagen Group and Ford Autonomous Vehicles, is in the process of crafting a self-driving technology platform for clients in the automobile industry. Other notable unicorns in this industry include China’s face recognition company Face+, whose investors include Ant Financial and the Russia-China Investment Fund.
China’s Bytedance tops the chart at USD 75 billion, followed by Alibaba-backed SenseTime and the New York-headquartered UiPath. USD 7 billion-rated Argo AI is among the top four firms engaged in deve..
Read More
India’s Ola makes it to the list, with secured financial backing from SoftBank Group, Tiger Global Management, Matrix Partners India. However, it is one of the smallest auto and mobility sector companies in the unicorn club. Beijing-based Didi Chuxing is the highest-valued auto unicorn at USD 56 billion. The list also includes Singapore-headquartered Grab and the U.S. scooter-on-rent startup Lime. The investors in Lime include Uber and Google-parent Alphabet.
India’s Ola makes it to the list, with secured financial backing from SoftBank Group, Tiger Global Management, Matrix Partners India. However, it is one of the smallest auto and mobility sector compa..
Read More
E-cigarette maker JUUL Labs, which was recently in the news for advertisements targeted at teenagers, is the highest valued consumer unicorn. Some of the other non-traditional entrants to the unicorn club include Zume Pizza, an automated pizza delivery restaurant, and Miniso, the Chinese low-cost retailer and variety store. Entrepreneurs tend to have an affinity for garages - and Apple and Google are not the only ones. BrewDog, a craft brewery founded in a garage in Scotland by two 24-year-olds, who initially took to selling their wares from the back of their van. BrewDog is currently worth USD 1.15 billion.https://public.tableau.com/views/consumerandretailunicorns/Dashboard1?:embed=y&:display_count=yes&publish=yes&:origin=viz_share_link
E-cigarette maker JUUL Labs, which was recently in the news for advertisements targeted at teenagers, is the highest valued consumer unicorn. Some of the other non-traditional entrants to the unicorn..
Read More
Ten of the 11 companies on this list are based in the United States, indicating its dominance in information security. China’s Tongdun Technology, which is valued at USD 1 billion, is the only non-American cybersecurity unicorn. Tanium, Kaseya, and Cybereason take the top three slots. Tanium, valued at USD 6.7 billion, was founded by the father-and-son duo of David and Orio Hindawi, Iraqi Americans.
Ten of the 11 companies on this list are based in the United States, indicating its dominance in information security. China’s Tongdun Technology, which is valued at USD 1 billion, is the only non-Am..
Read More
Peter Thiel-owned Palantir Technologies is the highest-valued data management focused on big data analytics. Like with cybersecurity unicorns, this list is also dominated by American companies, the only exceptions being Jusfoun Big Data and Alibaba-backed DT Dream. Other noteworthy firms on the list include Databricks, Mu Sigma, and Rubrik.
Peter Thiel-owned Palantir Technologies is the highest-valued data management focused on big data analytics. Like with cybersecurity unicorns, this list is also dominated by American companies, the o..
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India has two representatives on the list of e-commerce unicorns – Snapdeal and Shopclues. The former is valued at USD 7 billion, while the latter is worth USD 1.10 billion. The American online vendor Wish is the biggest e-commerce unicorn, valued at USD 11.20 billion. South Korea and Brazil are also represented, given their dynamic markets and healthy consumer spending patterns. The online Brazilian real estate rental marketplace QuintoAndar, which is backed by General Atlantic and the Softbank Group, is worth around USD 1 billion.
India has two representatives on the list of e-commerce unicorns – Snapdeal and Shopclues. The former is valued at USD 7 billion, while the latter is worth USD 1.10 billion. The American online vendo..
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