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The School of Business, Woxsen University, establishes International Advisory Board

Woxsen Image

Hyderabad, 22nd July, 2022: The School of Business, Woxsen University announces the establishment of an International Advisory Board (IAB), comprising renowned experts from diverse backgrounds, disciplines and industry. The IAB will be a prominent body providing expert advice and value-driven insights on key strategic activities and initiatives towards the pedagogy of the University.

The International Advisory Board has been tasked with making concrete suggestions on advancing the international recognition of the school and help develop the quality of its educational output on international standards. It brings together fifteen highly experienced, senior representatives and experts from eminent international Industry, Public Sector, Academics and Research Organizations. They will play a pivotal role in providing practical guidance, critical analysis and assistance in relation to the organization’s industrial approach & help ensure Woxsen’s graduates are prepared for the real-world of business.

The body will convene bi-annually to assess the progress of School of Business. Besides its active involvement in building a stronger international dimension in curriculum, research and teaching methodology, the board will promote student success, learning and development on a global level.

The International Advisory Board Members for School of Business, Woxsen University:

The International Advisory Board consists of Heads of Departments & Alumni of Leading Universities with Global FT Ranking and Triple Crown, Representatives of International Accreditation Bodies and Woxsen University Alumni. This will facilitate cooperation with reputed universities across the globe for collaborative academic and research programs.

Dr. Cobus Oosthuizen
Dean, Milpark Business School

Dr. Logan Rangasamy
Academic Director, Wits Business School, University of Witwatersrand

Ms. Savana Pires
Head of International Relations, Porto Business School

Dr. Morris Altman
Dean & Chair Professor of Behavioural and Institutional Economics & Co-operatives, School of Business, University of Dundee

Dr. Joseph Altarriba
Associate Dean for Education and Academic Affairs, UPF Barcelona School of Management

Dr. Bruno Henrique Rocha Fernandes
Dean, PUCPR, Brazil

Dr. Raj Devasagayam
Dean, Monmouth University

Dr. Ali Taleb
Associate Dean for Research, International & Community Engagement
MacEwan University School of Business

Dr. Dima Rachid Jamali
Dean, College of Business Administration, University of Sharjah

Dr. Krisztian Szucs
Vice Dean General, University of Pecs

Dr. MaryAnne Hyland
Dean- Robert B. Willumstad School of Business, Adelphi University

Mr. Pranay Kumar Pokala
Alumnus, Woxsen University

Ms. Anushka Johari
Current Student (MBA 2023), Woxsen University

Mr. Nishit Jain
Senior Special Advisor – EFMD Asia, EFMD

Mr. Roman Pastoors
Alumnus, HHL Leipzig Graduate School of Management

Dr. John Anchor
Associate Dean (International), The University of Huddersfield

Dr. Anicia Jaegler
Associate Dean for Inclusivity, Kedge Business School

Mr. Vivek Kalia
Head of Business Operations- India & South Asia, Airbus

About Woxsen University, Hyderabad: Woxsen University, located in Hyderabad, is one of the first private universities of the state of Telangana, India. Renowned for its 200-acre state-of-the-art campus and infrastructure, Woxsen University offers new-age, disruptive programs in the fields of Business, Technology, Arts & Design, Architecture, Liberal Arts & Humanities. With 80+ Global Partner Universities and Strong Industry Connect, Woxsen is reckoned as one of the top universities for Academic Excellence and Global Edge. Woxsen is Ranked #13, All India Top 150 B-Schools by Times B-School Ranking 2022, Rank #16, All India Top Pvt. B-School, Business World 2021 and features in India’s Best B-Schools beyond IIMs by Dalal Street Investment Journal.

 

 

Youth: Forerunner of the future & the way ahead

International Youth Day

The torch bearer of future developments and nation-building, youth has all the power to spearhead the changes needed in the constantly evolving world. Commemorating the youth’s excellence and their unbreakable courage, we have marked the 22nd anniversary of “World Youth day”.

On December 17, 1999, the UN General Assembly endorsed the recommendation made by the World Conference of Ministers Responsible for Youth, and International Youth Day was formed. From the first time celebrating it in August 2000, we have destined it for a long. Ever since then, youth is bringing value addition & societal alteration for the better. The major purpose of the UN while formulating this special day was to look at the challenges and problems faced by youth.

After the stagnant two years through the pandemic, youth is facing some major challenges in the education sector. The entire dishes on the platter of the education arena are altered. Now, the world is looking forward to educators not only as preachers of context but also as industry experts who can reskill, and upskill the students for a future-ready workforce. Youth can be a pertinent part to direct this entire changing landscape to end at a promising vista.

On the occasion of “World Youth Day”, Sheeba Chauhan of Elets News Network(ENN) interacted with a few industry leaders to get some enlightening insights. Edited Excerpts:

CP Gurnani

CP Gurnani, Managing Director & Chief Executive Officer, Tech Mahindra, said, “The pandemic has further underscored the dire need to seek transformational change towards a more sustainable tomorrow. I firmly believe that young minds across the globe have the power to lead this evolutionary change. We are currently living in the era of purpose and youth is our ‘Parth Saarthi’, navigating the chariot of the economy around undulating bends. They can shoulder the responsibility of creating a new world that is resilient and sustainable. From time immemorial, their intellect and undefeatable spirit have anchored nations to safety in troubled situations.

On this International Youth Day, I urge young minds to vigorously engage their passion, ability, aptitude, and intellect in gaining relevant skills to lead the change from the front and remain in sync with the innovation-driven world. I also call upon the industry, academia, and the government to collaborate to provide the perfect mix of ‘industry-ready’ skill sets to the youth that can empower them to become job generators rather than job seekers. A collaborative approach is a key to addressing the skill gap for the creation of a new tomorrow.”

Rajiv Bhalla

Rajiv Bhalla, Vice President of Sales, Large Video Wall Experience, Barco APAC said, “India’s most treasured asset is its youth population, our demographic dividend in terms of the youth population is a key factor that is expected to propel economic growth, innovation, drive culture, and diversity. The large youth population offers great workforce and entrepreneurship opportunities in domestic and international markets contributing significantly to digital natives and new age skills. The attractive proposition of youths in India can provide a host of services to several countries in various sectors such as disruptive technologies, IT, pharmaceuticals, healthcare etc. The current working Indian population presents multiple unique and interesting possibilities for our nation’s future, in terms of economic growth, social mobility, and diverse cultural fabric. This International Youth Day let’s pledge to enable our youth with new age technologies, encourage learning and acquisition of skills, creating a technology-powered world aimed at achieving global sustainability and driving social impact.”

Agendra Kumar, Managing Director, Esri India, said, “The youth are the embodiment of energy, positivity, creativity and an innovative spirit. They possess huge potential in solving the most difficult challenges of the world, provided they are given the right direction and training at the right time. The significance of geospatial technologies in creating a more sustainable world for everyone cannot be stressed enough, and as a leader in GIS software and solutions, we are strongly inclined to inculcate the necessary knowledge and skills in the youth so that they can make a measurable impact in the future. Along with working with 800+ universities, we strive to empower the youth with technical competence through unique initiatives like the Esri India Young Scholar program, GeoInnovation, etc. A major part of our workforce comprises of young talent, and by nurturing them, we hope to make a significant contribution towards building a stronger digital India.”

Eupheus Learning & AWS join hands to launch ‘NEP STAR School’

Eupheus Learning

Edtech startup Eupheus Learning, the largest school-focused distribution platform in India, has partnered with Amazon Web Services (AWS) to launch a new initiative, ‘NEP STAR School’.

The Eupheus Learning-AWS collaboration is aimed at enabling schools to seamlessly implement digital solutions.

As part of the initiative’s pilot phase, the edtech company intends to establish a 21st-century learning environment in 400 schools in over 110 cities.

India has recently marked two years of the National Education Policy (NEP), which ushered in a number of innovative reforms in the education sector, with the integration of technology into education being a key highlight of the policy. This also led to the rise in edtech companies across the country with a focus on different aspects of the Indian education system. Reports suggest that the education market in India is expected to grow from $117 Bn in FY20 to $225 Bn by FY25, according to the data.

Through this initiative, the homegrown edtech company, which has a reach of over 20,000 schools, is aimed at providing existing user schools with a comprehensive platform comprising content, learning management systems (LMS), and enterprise resource planning (ERP) under a single sign-on.

Additionally, to make the task simple for all stakeholders viz., students, teachers, school management and parents, the company is working to offer a unified, one-stop solution.

Talking about the initiative, Sarvesh Srivastava, Founder and Managing Director, Eupheus Learning said, “NEP STAR School initiative aims at upgradation for schools on multiple levels — learners will benefit from integrated content and educators with teaching aids; technology will enable play-based and experiential content, and automation will help create efficiency around routine tasks like marking attendance of students and assigning homework.”

He added, “Importantly, the initiative will help achieve a more positive impact on the learning outcomes through an integrated progress report for students, rather than relying only on assessments and examinations.”

All participants under the ‘NEP STAR School’, will receive hands-on support for better learning outcomes; improvement through the use of technology in the efficacy of school operations thereby creating benchmarks for other schools in terms of usage of technology for administrative work, learning, school management as well as teaching.

The Edtech is certain that this initiative will lead to the successful implementation of the NEP mandate at schools, help in tracking and improving the overall learning environment.

Eupheus Learning has the largest content offerings for schools and gives them a platform that helps boost learning outcomes while automating the school’s operating system.

The Eupheus Learning’s platform is powered by a range of cloud services from AWS. It’s operating system (OS), learning environment and financial system run on Amazon Elastic Compute Cloud (Amazon EC2) offering scalable compute capacity. While SchoolMitra, which provides schools with an easy-to-use web and mobile application, leverages Amazon Cognito for the purpose of authentication, authorisation, and user identity management.

While the content delivery for Eupheus Learning is powered by Amazon CloudFront, a content delivery network (CDN) service built for high performance, security and developer convenience, the Amazon Simple Notification Service (SNS) provides it with a scalable, secure and cost-effective service for all the mobile application notifications sent by the edtech platform to its users.

Sharing his thoughts on the initiative, Sunil PP, Lead—Education, Space, and Nonprofits, Amazon Internet Services Private Limited, AWS India and South Asia said, “By participating in the ‘NEP STAR School’ initiative, schools can leverage digital technologies to develop more immersive and engaging learning experiences for their students and teachers, enable smarter decision-making, and run administration operations more effectively and efficiently.”

UGC & MeitY join hands to launch an e-resources portal for rural students

UGC & MeitY

The Ministry of Information and Technology (MeitY) and the University Grants Commission (UGC) have now partnered to launch a UGC e-resources portal, which will provide UG and PG digital course content to millions of students in rural areas.

The portal will provide 25 Postgraduate Non-Engineering Massive Open Online Courses (MOOCs) in eight Indian languages including Hindi, Gujarati, Marathi, Bangla, Telugu, Kannada, Malayalam, Tamil, under SWAYAM (the Study Webs of Active-Learning for Young Aspiring Minds) programme.

Additionally, it will include 135 PG and 243 UG SWAYAM MOOCs in emerging fields, as well as e-PG Pathshala e-content that is developed in 67 PG subjects.

The initiative’s objective is to reduce language barriers and promote Indian languages while also giving students the flexibility to learn in their mother tongue.

UGC stated, “To mark two years of the National Education Policy (NEP) 2020 and to facilitate last mile accessibility (ensuring that no learner is left behind), the UGC has integrated its ‘UGC e-resources Portal (http://ugceresources.in/)’ with Common Service Centres (CSCs)/Special Purpose Vehicle (SPV) of MeitY in rural India.”

“Through the 2.5 lakh, CSCs and SPVs of MeitY centres in Gram Panchayats and 5 lakh+ CSCs and SPVs centres across the nation, digital access and e-governance services are made available to the citizens at their doorstep, especially those who are living in rural India” the notice further stated.

“Anyone desirous of learning can access and benefit from these Open Educational Resources (OER). Also, universities may utilise these OER for flipped classroom learning and blended mode of learning,” it further added.

Recently, UGC and the MeitY collaborated to integrate UGC e-resources with their Common Service Centers (CSC) and Special Purpose Vehicle (SPV) Centers, enabling last-mile connectivity.

Besides, learners can use these resources to augment their studies in regular programmes. Moreover, the resources can be used along with the Academic Bank of Credits, to earn credits online, which UGC has already approved.

While there are more than 5 Lakh CSCs/SPVs centres operating across the country, there are only about 2.5 Lakh CSCs/SPVs centres operating in Gram Panchayats.

Additionally, anyone can access the courses on the UGC platform for free. A user must pay a price of INR 20 per day or INR 500 per month to access the CSC/SVP infrastructure in order to reimburse the virtual learning environment (VLE) for their efforts and the cost of their infrastructure.

Various courses will be available on a single portal and students can immediately access all of these courses through CSC/SVPs run all around the nation or on their own devices with internet connectivity.

In particular for individuals who live in rural India, CSCs work to provide every citizen with access to the internet and make e-government services available at their doorstep.

Ayushman Bharat Yojana, PM Kisan Samman Nidhi Yojana, e-Shram, Pan Card, Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYM), and numerous other government initiatives are similar to this and working towards the growth of rural India.

 

InfoComm India back in-person

InfoComm India

InfoComm India 2022 will be the fitting arena for firing up new ideas, solutions and strategies to forge new growth avenues. After two years of virtual presentations, InfoComm India 2022 is welcoming all visitors in person to fully immerse in the InfoComm India experience again. The Show is slated for 5 – 7 September at the Bombay Exhibition Centre in Mumbai.

Having facilitated business continuity albeit virtual events in 2020 and 2021, Show Organizer InfoComm Asia is thrilled to be bringing the in-person Show back this year – this time, thanks to its tried and-tested online facilities, with added stakeholder confidence in being disruption-ready as well as in further industry engagement beyond borders.

Said Richard Tan, Executive Director of InfoComm Asia, “Ready to claim back the past two years, the industry is all geared up to reconnect in person, and share learning points and innovative advancements towards the disruption-ready demands of the new business landscape. And where better to meet than in India, the fastest-growing economy in 2022. Projected by the IMF to be the 5th largest economy by 2025, opportunities to deepen existing and build new business relations abound.”

Visitors can expect a deeply engaging Show experience with an even wider array of innovative business capabilities to tap into.

The Exhibition

InfoComm India 2022 will host a gathering of the best and brightest luminaries in the Professional Audio Visual (Pro-AV) and Integrated Experience Technology sectors. 160 exhibiting companies, hailing from over 15 countries, will be presenting their innovations in Mumbai’s biggest exhibition space, spurring visitors to concretize their vision and elevate their projects and endeavors.

Solution-seekers across India, in industries ranging from education to government, hospitality to healthcare, broadcast to enterprise, will find the answers they need at InfoComm India 2022. They can expect to see technologies and solutions that include:

  • Large screen, projection mapping, AR/VR solutions for live events, museums, education and simulation training
  • Security, flood and surveillance monitoring systems for network operations centers
  • Control and automation solutions for smart city management
  • Room automation and centralized systems for smart homes and offices
  • Collaborative conferencing systems for in-person and hybrid meetings
  • Smart classrooms
  • Digital signage and display solutions for advertising and information
  • Virtual and hybrid learning solutions

… and more

Discover Solutions with vBooth

To enhance visitors’ experience and help them discover solutions relevant to their businesses, InfoComm India has introduced the all-new vBooth on the Show website. This allows solution-seekers to be matched with appropriate exhibitors and to identify specific ones to meet.

  • In quick time through an intuitive business matching system, visitors will be presented with a list of exhibitors, based on the searcher’s industry and solutions sought.
  • With vBooth – a dedicated page for every exhibitor, visitors can explore solutions via multimedia presentations. Information will include solutions the exhibitor offers, and the products and solutions that the exhibitor will be showcasing at the event.
  • When ready to connect with exhibitors, visitors will be able to use the business card drop facility for callback, and schedule an appointment to meet at the Show.

All these serve as immediate gateway for visitors to identify exhibitors and organize their visit way before the Show begins. Fully-utilised, visitors are channelled towards a productive experience at the Event.

The Summit

InfoComm India’s Summit line-up is renowned as a learning platform across industries. Knowledge exchanges by international experts and trade industry leaders take place at well-curated discussions, seminars, forums and networking sessions. This year’s Summit will center on these dedicated formats: Industry Forums, AV Leaders Connect, AV Managers Day and AVIXA Seminars.

The Industry Forums will explore significant topics that are important to various industries, such as the following:

  • Tactical Cybersecurity Planning for Government & Defence Installations for the Government, Security & Defence industries
  • India at 75 – Imagining the Next 25 Years for the Government and Urban Authorities
  • Managing Hybrid Work Environment in Large Organisations – Challenges for the Corporate and Enterprises
  • The Future of Education in India for the Education industry
  • Reimagining Sustainable Living in Future Ready Smart Spaces for Retail, Hospitality, and Enterprises
  • IT Business Opportunities in the Pro-AV Segment for the IT Channel

… and more.

AV professionals keen to delve deeper into technical issues of Pro-AV applications and project management can look forward to the AVIXA Seminars and AV Managers Day. These are specialized seminars led by subject matter experts and designed to enhance the AV professional’s technical skills and knowledge. Pro AV professionals can look forward to in-depth discussions on a plethora of topics such as fundamentals in acoustics, AV protocols, small room acoustics, best practices in network audio, hybrid communication in education, and more.

Since launching in 2013, InfoComm India has drawn the region’s technology innovators and industry stakeholders to one location where ideas pulsate to impact how communities live, work and play. The 2022 edition will be another ground-breaking event.

The AV Leaders Connect – a by-invite-only program for the AV industry’s C-suite and directorate-level leaders – will be headlined by Tilak Raj Dua, Director General of Digital Infrastructure Providers Association (DIPA). This one-day session will highlight the investment in India’s digital infrastructure, and how emerging tech will transform AV in the next 3 to 5 years.

Registration is Open

InfoComm India 2022 runs from 5 – 7 September, 10 am – 6 pm Indian Standard Time at Bombay Exhibition Center in Mumbai. Visitors can register to visit the Show at www.infocomm-india.com. Admission is free.

Accenture partnering with AWS to upskill Indian youth in cloud technology

Accenture and AWS

Accenture is collaborating with Amazon Web Services (AWS) to help underemployed or unemployed Indians start a career in cloud computing.

The collaboration will provide free access to a variety of skill-development programmes through AWS re/Start, a 12-week programme that prepares learners for entry-level roles in areas including infrastructure support, site dependability, and IT operations.

Additionally, it will connect learners with potential employers, and provide guidance with resume building, along with coaching for job interviews.

Four nonprofit organisations that are a part of Accenture’s Indian skilling ecosystem—the Anudip Foundation, Don Bosco Tech Society, Magic Bus Foundation, and the Hope Foundation—are receiving funds from the company to implement the programme in the country. Volunteers from Accenture will also offer mentoring support to the learners.

The program’s first 12 cohorts have started in 11 major cities, including Kurnool, Trichy, Kochi, Punalur, Vijayawada, New Delhi, Mumbai, Chennai, and Bengaluru, Kolkata, and Hyderabad.

In spite of the anticipated high demand for employees with cloud-based skills, a recent study conducted by AlphaBeta and commissioned by AWS found that almost half of Indian workers (46%) lack confidence in their ability to acquire digital skills quickly enough to advance their careers.

A startling 95% of workers and businesses encounter obstacles to digital upskilling, according to the survey.

Reportedly, the demand for access to upskilling programmes is increased by the prediction that 27.3 Mn Indian workers will need training in digital skills over the course of the next year alone.

Commenting on the collaboration, Kshitija Krishnaswamy, Managing Director — Corporate Citizenship, Accenture in India, said, “At Accenture, we have a long-standing commitment to being a talent creator that develops skills to improve lives. Since 2010, we have empowered more than a million people in India, including youth and women from economically disadvantaged backgrounds and persons with disabilities, to find work or earn a livelihood by equipping them with relevant skills. Besides skill building at scale through collaboration with learning partners, a key pillar of our efforts is to build a bridge between the skilled and employers, and we are using our vast network and experience to help realise the tremendous opportunities presented by cloud technologies.”

Amit Mehta, Head of Business Development for Education & Training, Amazon Internet Services Private Limited, said, “The AWS re/Start program is a solution designed for individuals in need, their communities, and the organisations they work for. Our training program is helping unemployed and underemployed people across India develop critical cloud skills and find in-demand cloud opportunities.”

Moreover, anyone who is unemployed or underemployed can go for the programme. Through scenario-based exercises, practical projects, and coursework, the participants will develop their skills in relational databases, networking, security, and programming languages such as Linux and Python.

85% of children in India have experienced cyberbullying: Survey

cyberbullying

A whopping 85 percent of children across India have reported being cyberbullied as well as having cyberbullied someone else at rates much over twice the global average, according to a report by top computer security software company McAfee.

According to the McAfee Cyberbullying report, a survey of 11,687 parents and their children was conducted this year between June 5-July 15 in 10 different countries.

According to the report, children in India witness and experience the majority of cyberbullying incidents on almost all social media and messaging platforms.

Personal insults, racism, sexual harassment, and trolling are just a few examples of cyberbullying.

Sharing his views in the report, Gagan Singh, Chief Product Officer, McAfee said, “Cyberbullying in India reaches alarming highs as more than 1 in 3 kids face cyber racism, sexual harassment, and threats of physical harm as early as at the age of 10 – making India the number 1 nation for reported cyberbullying in the world.”

The McAfee report stated that ”85 percent of Indian children reported being cyberbullied as well as having cyberbullied someone else at rates well over twice the international average.”

The report added, ”Indian children said that they are more likely to be cyberbullied by strangers compared to other children around the world, at 70 percent in India versus 45% worldwide.”

The survey also highlighted that 45 percent of children in India hide their cyberbullying experiences from parents, owing to the relative absence of conversation.

It is pertinent to note that 42 percent of children have experienced racist cyberbullying, which is disturbingly 14 percent more than the global average of 28 percent, according to Indian parents.

The report further said, “Extreme forms of cyberbullying reported besides racism include trolling (36 percent), personal attacks (29 percent), sexual harassment (30 percent), the threat of personal harm (28 percent), and doxing (23 percent), all of these at almost double the global average.”

Additionally, India reported notable instances of cyberbullying, including name-calling (34 percent), exclusion from groups and conversations (35 percent), and the spreading of false rumours (39 percent).

”Indian children reported cyberbullying up to 1.5 times more than children in other countries across fourteen surveyed platforms, ranging from Facebook and Instagram to Snapchat and WhatsApp. The one exception is TikTok, which remains banned in India,” the report added.

Besides, the report stated that nearly 3 out of 5 (58 percent) children are said to have deleted a social media account to avoid cyberbullying as compared to the global average of 33 per cent.

The report also found that 87 per cent of children said they discuss cyberbullying with their peers, which is 25 per cent again higher than the global average of 62 per cent.

Earlier in May, the McAfee study reported that 83 percent of children aged 10 to 14 in India use smartphones, which is seven percent more than the global average of 76 percent. This led to greater exposure to online risk, which in turn increased the number of children who were victims of cyberbullying and cyber crimes.

Moreover, the survey reported that only 47 percent of Indian parents were concerned about cyberbullying and abuse on social media, which is 10 percent less than the global average of 57 percent.

Additionally, the study titled “Life Behind the Screens of Parents, Tweens, and Teens” found that Indian children were engaging in private chats without knowing a person’s true identity which was noticeably 11 percent higher than other children around the world.

upGrad nets $210 Mn in latest fundraise

upGrad nets

The edtech unicorn upGrad has today said it has raised a fresh round of funds to the tune of $210 Mn from key investors and family offices who join the company capitalization table.

This round has witnessed participation from ETS Global (the world’s largest TOEFL & GRE Test Leader), Bodhi Tree (a JV of James Murdoch & Uday Shankar). Other investors that participated in the round include – Singapore’s Kaizen Management Advisors Pvt. Ltd, Family office of Bharti Airtel, Narotam Sekhsaria Family Office (Ambuja Cements and ACC), and Artisan Investments (Family Office of Lakshmi Mittal – Arcelor Mittal) along with existing investors Temasek, IFC, and IIFL.

In order to maintain their more than 50% stake in the edtech company, the Founder Group also invested $12.5 Mn in this funding round.

Sharing their views on the fundraise, upGrad Co-founders, Ronnie Screwvala and Mayank Kumar in a joint statement said, “We welcome our new investors and industry veterans to the upGrad cap table. There is a massive Re-skilling Revolution taking place around the world and over the last 5 years, our 4800+ colleagues have worked hard & smart to be at the epicenter of taking advantage of this, not just in India but around the world. Higher EdTech will be on the rise for the next 4 to 5 decades. upGrad in the last 12 months has re-shaped itself to be the most integrated company in this space with career opportunities for the College learners and Working Professionals from the age of 18 to 58 and will be a lifelong learning partner for millions in the coming years. We have always been very capital efficient while growing 100% year-on-year and hope to retain that discipline.”

With the fresh fundraise, the company plans to increase its team strength from the present 4,800 to 7,600 during the course of the next three months. This includes roughly 170 full-time faculty; 1,600 teachers, and more than 5000 on-contract coaches and mentors.

With a program completion rate of over 80 percent, upGrad has defied the trend of slump in the edtech sector and emerged as a world leader in higher education.

About 40 percent of the total revenue of upGrad is realized from Repeats and Referrals year-on-year, according to the company.

The edtech startup is on track to generate annual gross revenue worth $400-500 Mn in the current financial year. According to the company, about 45 percent of the total revenues for FY23 will be realised from upGrad’s own-branded online courses and programs.

Founded in 2015, upGrad is a pioneer in the online education space. The company is focused on promoting career success for a global workforce of over 1.3 Bn with the help of its online education platform.

With a learner base of over 3 Mn across 100+ countries and over 300 University partners, it is one of the few Integrated Life Long Learning Tech Companies in the world, spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses, Campus & Job Linked Programs, Studying Abroad, short form to executive programs to Degrees, Masters, and Doctoral.

Termed as a leader in Asia’s higher edtech market, upGrad is now steadily expanding its activities across the globe to become the world’s leading edtech platform. Apart from India, it is currently operating in the Middle East, Singapore, the UK, the US and Vietnam, and various other countries.

Hindustan Online- CODE enters into partnership with DADB to offer course in 5G technology

Hindustan Online- CODE

The e-learning arm of Chennai-based Hindustan Institute of Technology and Science (HITS) has entered into a Memorandum of Understanding (MoU) with the German Academy of Digital Education or the Deutsche Akademie fur Digitale Bildung (DADB) to offer course in fifth-generation (5G) technology.

The course will be offered to the regular students of HITS pursuing Electronics and Communications Engineering (ECE).

Also Read:- The future of e-learning in India

German professors and experts from the industry will conduct the overall four-month certification programme in 5G technology for which the course fee is Rs 5000. Eligible students should have a basic understanding of the wireless communication systems to pursue this course.

Sharing her views, Ami Agarwal, Head, Hindustan Online – CODE said, “There lies massive career opportunities in 5G technology with the increased digitisation across all sectors. With our collaboration with DADB, our students will be benefitted immensely in understanding the essentials and basics of 5G technology from the leading German professors and industry experts. This will be useful to those students who wish to enter this field or professionals working in the communication sector who would like to gain an in-depth understanding of the various aspects of advanced communication systems and the skills necessary to implement them.”

Launched in early 2021, the Hindustan Online-CODE claims to offer various University Grants Commission (UGC) approved undergraduate and postgraduate degree programs through online learning mode.

Earlier in May this year, while introducing new specialisation courses for academic year 2022-23 by Hindustan Online-CODE, Ami said, “With Hindustan Online – CODE, we offer people of all ages a convenient platform for pursuing higher education at their own pace. Designed by experts, Hindustan Online – CODE’s programs are backed by the experience and expertise of HITS, which has been established as a centre for excellence in delivering quality education over the years. It is our mission to reach out to all segments of society in their quest for knowledge, to empower and enrich them with global standards.”

The organisation aims to equip aspiring students and working professionals with requisite skills and knowledge required for them to be job-ready for the future in view of the growing demand for qualified and skilled professionals globally.

The Hindustan Online-CODE programmes are designed not merely to provide theoretical learning but they also focus on practical application of the concepts by following outcome-based learning modules.

The programs offered by the DADB are supported by German technology and expertise. Apart from 5G Technology, the DADB offers a wide variety of programmes that range from topics like Augmented Reality (AR), Automation, Industry 4.0, Robotics, and virtual reality among others.

The well-renowned Hindustan Group of Institutions, in its quest to be at the forefront of quality education, launched Hindustan Online – CODE. The programs offered by Hindustan Online – CODE are all well-curated with well-researched curriculum.

IIT Kanpur signs MoU with NPCI to share knowledge and collaborate on research

IIT Kanpur signs MoU with NPCI

A Memorandum of Understanding (MoU) has been signed between the National Payments Corporation of India (NPCI) and the Indian Institute of Technology Kanpur.

This agreement paves the way for the exchange of creative ideas and collaboration on the development of indigenous digital payment solutions.

Also Read:- IIT Kanpur signs MoU with Alliance Francaise to teach French to students

According to reports, the collaboration will also aid in strengthening cybersecurity controls for NPCI and its subsidiaries’ products and services. Moreover, the MoU will spur NPCI and IIT Kanpur to work together on a variety of projects.

With the help of this alliance, renowned faculty members from the institute will conduct in-depth educational sessions and share thoughts for NPCI staff on cybersecurity and the latest trends in Artificial Intelligence (AI), Machine Learning (ML), and Security Product Roadmaps, and Distributed Ledger Technologies (DLT).

Besides, IIT Kanpur students will have the opportunity to participate in internship programmes through NPCI, which will give them the invaluable experience of working on live projects of NPCI.

While the domain-centric knowledge and expertise of IIT Kanpur scholars will aid NPCI in swiftly carrying out the changing demands of consumer-oriented offerings.

Commenting on the MoU, Prof. Abhay Karandikar, Director, IIT Kanpur said, “IIT Kanpur has been at the forefront when it comes to developing secure and innovative solutions to digital transaction and storage of data. The institute houses the C3i Hub dedicated solely to developing cyber security solutions and cyber-physical systems. This collaboration with NCPI further strengthens our goal to achieve a holistic cyber secure ecosystem for our country. This association will not only give converge to the best of both the institutions in developing a robust digital payments system but will also pave the way for multi-disciplinary research and opportunities.”

Sharing his views, Antony Prakash, Chief Information Security Officer (CISO), NPCI said, “At NPCI, we are committed to building a robust digital payments infrastructure and are constantly creating innovative offerings for seamless payments system. The association provides NPCI and IIT-K an excellent opportunity to develop advanced technical solutions that will provide customers with a best-in-class, convenient, and safer payments experience. We believe it will usher in the development of a more refined digital payments ecosystem which will further ameliorate any potential bottlenecks in the system.”

Prof. Sandeep K Shukla, Professor, Computer Science & Engineering Department, IIT Kanpur, and Joint Project Director, C3iHub, IIT Kanpur, stated, “IIT Kanpur has been paving the way for critical research and development in the field of cyber security and digital data privacy for long. In recent years, several blockchain-based and other cyber security initiatives have been developed and executed by IIT Kanpur. However, many of them are multi-disciplinary initiatives, and the need for such collaborations in today’s time is very crucial. This association with NPCI is in the same line and would ensure the development of a more secure and holistic ecosystem in the domain of digital payments and collaborative research initiatives.”

The MoU will mutually benefit both parties with its knowledge-sharing nature and will enable the constitution of better and more secure digital payment products and services oriented towards national interest and upliftment.

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