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Edu-Fintech startup Financepeer launches “UVA”, an innovative numberless dual-interface card for students

By
digitalLEARNING Network
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Financepeer

With an aim to achieve cash-free campuses, Financepeer, one of India’s leading edu-fintech startups has unveiled its latest offering – the UVA Card, powered by Visa. Financepeer UVA Card Program will be their numberless prepaid photo ID card for students, parents, and institutes to make day-to-day transactions easy and hassle-free.

UVA Card, technologically backed by Visa, is an innovative approach to digitising the financial system in educational institutes across India. The program intends to create cash-free campuses by enabling the institutes, parents, and students to pay and receive fees, withdraw cash, do e-commerce transactions and be able to make payments effortlessly at any retail outlets that use point of sale (POS) terminals. UVA Cards are pre-paid contactless cards that can drive financial independence among young adults. This card helps in getting extended credits, makes hassle-free payments, and teaches the youth to save and spend money wisely, besides offering various rewards and discounts.

Mr. Rohit Gajbhiye, CEO and Founder, of Financepeer, said, “We are working towards bringing a revolution in Edu-fintech space through technology and at the same time creating impact at the bottom of the pyramid, via increasing access to quality education. Our recent funding and collaboration with industry stalwarts have given renewed strength and a new purpose to our mission. In view of this, we are launching a numberless dual interface product which is a photo ID card to make cashless transactions easy for students, parents and institutes with just a tap. To make electronic payments safer and hassle-free for our students, these Visa cards have been designed with EMV chips”.

Mr. Sujai Raina, Head of Business Development, Visa India said “As a network working for everyone, Visa is committed to expanding financial access and inclusion across diverse demographics. We are delighted to collaborate with Financepeer as they launch the UVA Card, an innovative, prepaid card solution that not just works as a photo ID and payment instrument but aids financial discipline. The UVA card has been designed specifically keeping in mind the unique spending needs of students and their guardians, and is a decisive step towards building a cashless economy among young consumers.”

Imagine Language & Literacy and Imagine Robotify earn top honours from education technology industry leaders

By
digitalLEARNING Network
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Imagine Learning

Imagine Learning, the largest provider of digital curriculum solutions in the U.S., serving over 15 million students in more than half the school districts nationwide, has won two 2022 SIIA CODiE Awards for Imagine Language & Literacy and Imagine Robotify. The prestigious CODiE Awards recognise the companies producing the most innovative education technology products across the country and around the world.

“It’s a tremendous honour to be recognised with a CODiE Award,” said Sari Factor, Vice Chair and Chief Strategy Officer for Imagine Learning. “We are fortunate to have exceptional development teams who create innovative solutions to advance learning for all. We couldn’t celebrate these successes without all our school partners; these are wins for the many educators across the country who collaborate with us every day to help us develop effective products to achieve greater learning.”

This is the second consecutive win for Imagine Language & Literacy, which won “Best Foundational English Language Arts Instructional Solution” in 2021. It is the only personalised learning program that accelerates both literacy skills and English language development for students in grades PreK-6. Imagine Language & Literacy’s uniquely combined approach, emphasis on building academic language explicitly, and first language support in 15 languages has proven to accelerate mastery of skills that empower students to unlock learning across all subject areas. As learners explore and practice skills, their individualised learning sequence adjusts dynamically to maximise engagement and progress, accelerating to match a cognitive leap, or adjusting to accommodate unfinished learning.

Imagine Robotify is a browser-based digital solution designed to teach coding using the world’s best computer science simulator. The platform offers learners the freedom and creativity they need to realize their original ideas and, in the process, develop their capacity for critical thinking, problem solving, and collaboration. Imagine Robotify provides students with the ability to master coding skills and apply their critical thinking to robotics, math, science, and coding skills through project- and game-based learning. Students have access to more than 1,000 different coding activities and games, including 24/7 access to the latest virtual robots without having to ever purchase physical hardware.

“The 2022 EdTech CODiE Award winners exemplify the outstanding products, services and overall innovation that enables learners of all types to connect with educators and educational materials,” said SIIA President Jeff Joseph. “We are so proud to recognise this year’s honourees—the best of the best—that provide solutions to many of the critical challenges facing learners today—from access and equity, to personalised and tailored learning and beyond. Congratulations to all of this year’s CODiE Award winners!”

The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced the full slate of CODiE winners during a virtual winner announcement. Awards were given for products and services deployed specifically for education and learning professionals, including the top honor of the Best Overall Education Technology Solution.

A SIIA CODiE Award win is a prestigious honor, following rigorous reviews by expert judges including educators and administrators whose evaluations determined the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners.

Pandharpur college inks MOU with Silicon Valley firm for rural innovation

By
digitalLEARNING Network
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Sanjeev Chitre

Shri Vithal Education and Research Institute Pandharpur (SVERI) & the U Group LLC of Silicon Valley, have launched a “Entrepreneurial Center for Rural Innovation (ECRI)” in the College of Engineering Campus. A first-of-its-kind strategic partnership has been inked between SVERI Pandharpur and the U-Group LLC to establish an ‘Entrepreneurial Center for Rural Innovation (ECRI)’ to accelerate the development and commercialization of quality products/services to address rural needs in India and other developing nations.

The U-Group LLC is a premier technology execution firm that develops intelligent growth strategy and Exit-Engineered Execution for small and mid-cap technology and health enterprises in the Midwest region of the United States.

“While local entrepreneurs understand rural needs and can find cost effective solutions that enhance agricultural efficiency, they would benefit greatly from the vision, the experience and the mentorship of the U-Group LLC, led by Sanjeev Chitre to build successful ventures from them.  They can help us produce locally and think globally”, says Dr. Babruvahan P Ronge, Chairman and Founder of SVERI.

Sanjeev Chitre, Managing Partner of the U-Group LLC added, “We have a fivefold focus for this collaboration. The ECRI will provide handholding support and assistance to potential entrepreneurs in five key areas including:

1. Transformation of a concept, prototype or a product/ service into a potential business entity through interactive conversations and guidance.

2. To infuse local products with global thinking.

3. Assist with capital and infrastructure development.

4. Identify pathways for other developing nations through Foundation Funds like World Bank, Gates Foundation, Rockefeller Trusts etc.

5. A baseline for building enterprise value for all shareholders.

Interestingly enough, Mr. Chitre’s debut book, a ‘Bible’ for entrepreneurs ‘What Not to Do in Entrepreneurship’, and his passion for mentoring was the starting point for the conversation around setting up the ECRI.

Talking about the need for global mentors to be available to guide local entrepreneurs, Prof. Nitin Misal, President of SVERI who has been appointed also as the Chairman of ECRI, says, “We now have our entrepreneurial community inspired to make a global difference. This is truly a win-win for all in Pandharpur, in India and Global Rural Communities.”

Procare Solutions and Marcopolo Learning partner to deliver award-winning digital learning videos and educational resources to Child Care Centres

By
digitalLEARNING Network
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Marcopolo Learning

Procare Solutions, the most widely used child care management software, and MarcoPolo Learning, the Emmy-nominated global developer of educational videos, games and digital platforms for educators and children ages 3-7, has announced a partnership that will provide high-quality educational resources through the Procare platform.

This partnership enables both teachers and parents to access MarcoPolo Learning’s award-winning library of English, Spanish and Modified/ELL learning videos and educator resources that align with the school’s early learning curricula. MarcoPolo’s video library is the most comprehensive for early childhood educators with over 1,200 videos, educator guides and other classroom materials that bring curriculum to life.

“Educational content is being used by most early childhood educators to enhance learning and engagement, but not all content found online is safe and designed for young children. Our proprietary video library supports teachers by giving them access to high-quality curriculum-aligned content, educator guides, and innovative child-facing technology that allows classroom content to be shared with families,” said Justin Hsu, CEO and Founder of MarcoPolo Learning. “By better supporting early childhood educators and young children, we can also positively affect teacher engagement and retention, as well as foster children’s passion for lifelong learning.”

“This partnership is another step forward in our mission to simplify child care operations and enhance children’s learning with high-quality education,” said JoAnn Kintzel, CEO of Procare Solutions. “Educators will now have the ability to access MarcoPolo Learning’s videos, resources, activity ideas and family engagement suggestions easily through the Procare platform.

Integrating MarcoPolo Learning’s program into the Procare Solutions platform helps solve some of the most common pain points for early childhood educators, and it provides institutional grade resources most commonly found in large school districts, national childcare providers and Head Start programs.

Woxsen University to set up Chair Professorship in honor to Prof. Dr. Ingmar Nolte in Financial Econometrics

By
digitalLEARNING Network
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Prof. Dr. Ingmar Nolte

Woxsen University announces the establishment of the Ingmar Nolte Professor of Financial Econometrics in honor to Prof. Dr. Ingmar Nolte. The selection process for the chair holder is undergoing.

Prof. Dr. Nolte holds a Dr. rer. pol. (Economics), University of Konstanz, Germany, (summa cum laude) and a MSc Mathematical Finance, University of Konstanz, Germany, (with distinction).

He is a Full Professor of Finance and Econometrics, Lancaster University Management School, Lancaster University.

His research interests lie in the area of financial econometrics, market micro structure and forecasting. He is interested in high frequency finance & econometrics and the modelling of multivariate trading and volatility processes. Prof. Dr. Nolte is currently working on developing micro-econometric techniques (discrete choice, count data, point process models) for the analysis of complex finance relationships, which involves researching the econometrics of such models for time-series and panel setups.

These models are applied to gain a better understanding of the disaggregated trading process, which involves understanding the behavior of individual market participants such as traders, brokers, and analysts.

The endowed chair/professorship holder is expected to continue outstanding scholarly activity. This may include scholarship in discovery, integration, application, or teaching. Evaluation criteria include impact and contribution to the holder’s department, the profession, and society at large.

The endowed chair/professorship holder is expected to provide leadership and impact, on an ongoing basis and in the broadest sense possible, throughout his or her term as an endowed chair/professorship holder.

Edtech startup PhysicsWallah becomes India’s 101st unicorn

By
digitalLEARNING Network
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PhysicsWallah

Educational technology (edtech) startup PhysicsWallah (PW) has entered India’s unicorn club and is the 101st startup to have a total valuation of USD 1 billion.

It has raised USD 100 million in Series A funding from WestBridge Capital and GSV Ventures and was valued at USD 1.1 billion after closing the transaction.

Holberton partners with Jigsaw Academy to offer PG certificate in full stack development in India

By
digitalLEARNING Network
-
Holberton

With an aim to make software engineering education affordable and accessible globally, US-based Holberton partnered with India’s leading data science and emerging technologies institute, Jigsaw Academy. Under this partnership, students in India will receive postgraduate (PG) certification in Full-Stack Development as part of the curriculum, which includes the concept, hands-on assignments, and real-world case studies using Holberton’s OS of Education.

Recognising the value of skilling fresh graduates, early-career professionals, and those seeking to change their career trajectory, the partnership comes as a part of Holberton’s OS of Educations’ initiative to support its primary objective of skilling people at the grass-root level. The goal is to make learners competent professionals with the relevant skills for a successful career. A Post Graduate Certificate program in Full Stack Development will help in training talented Indian students to become world-class software engineers who are ready to contribute from their first day on the job.

With its OS of education offering, Holberton will provide the projects, platform, tools and services required for the training purpose whereas Jigsaw will be responsible for delivering the Programs from the Holberton Platform and also provide mentoring support to the students enrolling for the program. The course includes a holistic curriculum (10 hours of learning per week) taught by industry mentors to polish learners into job-ready individuals who will assist them in their future endeavours. The 9-month program is the only Full Stack Development program that provides Weekend Online Live Instructor-Led training on Java Full Stack technologies and a Capstone Project.

Speaking on the occasion, Julien Barbier, Founder, and CEO of Holberton, said, “We are truly honored to work with Jigsaw Academy to drive the best global standards for the PG certificate program. The initiative will help in offering students and faculty members exposure at a global level. We aim to prepare Indian students to meet the challenges of tomorrow’s world and to achieve this we are stressing on skilling the current workforce and equipping today’s pragmatic youth with the necessary skill sets to become self-reliant.”

With digitisation seeping into our lives, there has been an evident gap in finding the right resources for the job. Organizations have started to understand the importance of skilling the current and new workforce in order to meet the growing demand for skilled workforces. The initiative aims to inculcate and touch upon the importance of holistic skill development and offer better career opportunities in the ever-changing technological landscape.

Highlighting this partnership, Sarita Digumarti, Co-founder of Jigsaw Academy, said, “Jigsaw Academy is excited to be partnering with Holberton for our PG certificate program in Full Stack Development. Holberton’s state of the art platform allows students to gain project experience that will make their full stack skills more relevant and real world focused. We are fully committed to offering the best experience to all our students and are looking forward to working closely with Holberton to create the next generation of skilled software engineers in India.”

UK varsities delegation discusses international education academic mobility with Indian counterparts

By
digitalLEARNING Network
-
UK varsities

A delegation of representatives from 22 UK universities and higher education leaders discussed with Indian counterparts, the new policy measures and activities to support internationalisation, quality assurance and collaborating through teaching, industry-academia partnerships and different models of transnational education allowed under the new National Education Policy (NEP).

The delegation on a five-day visit to India, first after introduction of NEP, met representatives from Ministry of Education (MoE), University Grants Commission (UGC), Association of Indian Universities (AIU), AICTE and National Assessment and Accreditation Council (NAAC).

“We welcome the delegation of UK higher education leaders to India to continue the bilateral collaboration in education benefitting both countries. The focus is on increasing two-way mobility of students, faculty as well as institutional mobility between India and the UK. We invite the UK HEIs to work with Indian counterparts to offer twinning, joint degree, and dual degree programmes; as well as explore setting up campuses in GIFT City Gujarat,” said Manju Singh, Joint Secretary, UGC.

The delegation represents apex education bodies such as the Universities UK International (UUKi), The Russell Group, Universities Wales, and 22 UK higher education institutions, making it the largest ever delegation of higher education leaders from the UK to visit the country.

Over June 6-10, the delegation has had planned to meet Indian central and state government officials, policymakers and senior university leaders from 10 Indian states, in the national capital, Bengaluru, Ahmedabad and Kolkata to discuss partnerships and collaborations that meet the NEP’s vision of internationalisation of Indian higher education institutions via promoting transnational education.

“This is the first major delegation Universities UK has undertaken since the advent of Covid-19, and it is important that so many of our universities are here this week. We eagerly anticipate the opportunity to hear from our colleagues here in the India about the latest developments, including the New Education Policy, and to learn more about your ambitions for the India-UK relationship,” she said.

The officials said that the delegation intends to identify partnerships and collaborations for the UK’s coveted and trusted educational institutions, across major Indian education hubs.

Karnataka Education Minister announces collaboration between EMBIBE and State Education Department

By
digitalLEARNING Network
-
Karnataka Education Minister

Primary and Secondary Education Minister of Karnataka, Sri. B.C.Nagesh earmarked a long-term partnership between the Karnataka State Education Department and EMBIBE (Indiavidual Learning Ltd.), India’s foremost AI-powered, Personalised Adaptive Learning platform. This partnership will see all Karnataka Board students benefit from their entire school curriculum content being made available in Kannada. The objective of this partnership is to provide students of Karnataka, access to the highest quality digital education with world-class, authentic 3D content for Science & Maths in their language. The platform caters to Classes 6th to 12th along with Engineering and Medical entrance exams.

Speaking about the partnership, the Hon’ble Education Minister said, “We are extremely happy to learn that EMBIBE is providing Personalised Learning Outcomes App free to all the students of the state. With built-in features of adaptive learning, practising and self-assessments, the app draws a personalised learning path for each student helping them to achieve the competencies and skills desired under National Curriculum Framework (NCF) and as envisaged in National Education Policy (NEP) 2020.”

Ms. Aditi Avasthi, Founder & CEO of EMBIBE expressing her delight at partnering with the Karnataka State Education Department said, “We’re excited to be working with the state of Karnataka to ensure that all students will now gain access to India’s first ever, immersive & interactive learning experience in Kannada & gain real-time guidance on how to improve. The platform, powered by Artificial Intelligence, plays the role of an expert teacher aligned to every student, truly personalising the learning experience. Not only does it serve the right content to students, but it also monitors their progress across learning , behaviour & skills, giving them the right guidance at the right time to ensure each student achieves their best. With built-in features of adaptive learning, guided practic,e and real exam-like tests, the platform draws a personalised achievement journey for each student, where no two journeys are alike!”

About The Company: EMBIBE, backed by Jio, is India’s leading edtech platform, powered by Artificial Intelligence designed to deliver truly personalised learning and outcomes for each student. It is the only platform with products catering to the entire education ecosystem including students, parents, teachers, schools, and the administration. It brings together world class content, aligned to every prescribed school & test prep curriculum, in every language & patented Artificial Intelligence that forensically tracks & fixes gaps in learning, behaviour & skills ensuring every student’s performance always matches their maximum potential. Launched in 2013, EMBIBE has been recognised by the World Economic Forum as a Global Innovator in the education space, truly harnessing the power of AI to deliver student success. EMBIBE has also won two of the most prestigious awards including the Webby People’s Voice Award 2022, as “The Best Platform in Learning & Education”, and the Google Play Best Of Users’ Choice Award 2021, as “The Best App For Personal Growth”.

Cloud Computing: The Way Forward in Education

By
digitalLEARNING Network
-
Bhavesh-Goswami

Bhavesh Goswami is a stalwart in the Cloud Computing space with an illustrative experience of working for companies like Amazon Web Services (AWS) and Microsoft since 2005. He began his entrepreneurial journey as Founder & CEO of CloudThat in 2012. Read on excerpts from his interview for Digital Learning Portal.

How do you understand the change in careers in cloud computing?

A surge in careers in cloud computing has been witnessed in recent times and it can be attributed to the snowball effect of several factors fostering cloud growth, like:

· Gartner reports that by 2025, 95 per cent of new digital workloads will be deployed on cloud-native platforms, as against 30 per cent in 2021.

· Also, it is estimated that 85 per cent of the organisations will adopt a cloud-first principle by 2025.

· Tata Consultancy Services (TCS) and Infosys hired a record 1.85 lakh freshers between them in the previous fiscal year that ended on March 31, 2022. Also, TCS and Infosys have plans to hire 40,000 and 50,000 freshers respectively in the fiscal 2023 and these roles are for digital native positions in the cloud space.

· Digitisation and virtualisation of all aspects for business functioning due to the pandemic.

As a result of all these factors, organisations are being forced to embrace cloud-native architectures to implement comprehensive digital strategies bringing a change in career roles in cloud computing.

Moreover, different cloud roles have gained prominence in recent days such as Cloud Consultant, Cloud Architect, Cloud Engineer, Cloud Service Developer, Cloud System Administrator, Cloud Data Engineers, Information Technology Architect, Cloud Network Engineer, DevOps Cloud Engineer any many more.

How do you contribute the increase in demand of digital transformations that have seen a boom in recent times?

Cloud Computing as a technology has a legacy of two decades and it gained popularity way back in the mid-2000s. In fact, I was part of the enthusiastic AWS team that worked on building and launching the AWS Simple Storage Service (S3) way back in 2006 at Seattle, USA. But the digital transformation caused by the pandemic and other factors have further accelerated the cloud adoption rate and has contributed significantly to a boom in the cloud space. I primarily attribute two factors to the boom in cloud computing due to digital transformation: Firstly, digital transformation makes it inevitable for organizations to embrace recent technologies like artificial intelligence, machine learning, big data analytics, and the internet of things to automate, speed up, and improve business outcomes. Importantly, all these technologies demand huge computational power and storage and cloud computing offers exactly that, along with the solutions to integrate all these technologies. Secondly, the need for business continuity and crisis management which gained more traction during the onslaught of the pandemic plays a vital role. The way organizations could find suitable solutions for their business continuity needs by adopting cloud computing and ensuring a more pervasive model of business is a key factor driving digital transformation through cloud technologies.

What are some of the skills required for better career opportunities in cloud computing?

In the CloudThat’s illustrative experience of 10 years, we have trained 500K+ professionals on cloud technologies. The insights we could draw from our vast training experience are quite interesting. From the data we have, alongside prominent cloud technologies like Azure, AWS, GCP, and VMware areas like DevOps, AI/ML, IoT (Internet of Things), Big Data Analytics, Microsoft Dynamics and Cloud Security are in huge demand amongst both fresh and experienced professionals. Even a recent LinkedIn survey endorsed the same. According to me, important skills for etching an illustrative career in the cloud arena include:

Cloud platform expertise, Application Programming Interfaces (APIs), Database Management, Network Management, DevOps, Machine Learning and AI, Cloud Security, Hybrid-cloud, Multi-cloud, Virtualization, Containerization, Automation, Cloud Orchestration, Linux & Programming Skills, Serverless Computing, Data Migration, Application Migration, and Deployment skills.

Importantly, earning certifications from major public cloud providers like AWS, Azure, Google, VMware, and others to endorse your skills, plays a vital role in building a career in the cloud space.

Moreover, we offer a Career Transformation Guarantee Program with live, hands-on sessions and capstone projects that prepare them with rigorous training to boost their learning in the cloud space. Following this, they can flourish in their career paths.

Looking at the aspirational value of cloud computing, do you think it offers a great career opportunity for students?

The career growth opportunities in cloud computing are phenomenal, According to Burning Glass Technology, a labour-market-analytics company, the demand for cloud skills in the US will see 28 per cent growth in the next five years. Also, according to a recent NASSCOM report, India will need 20 lakh cloud professionals by 2025, and with the current baseline growth, we are expected to produce only an estimated 14-15 lakh cloud professionals within this timeline. This statistic clearly depicts how career opportunities in the cloud space are expanding for students. Interestingly, start-ups, unicorns and big, small, and medium sized businesses from all verticals have a requirement for cloud skills in the current scenario. Interestingly, Microsoft, for whom we are an Authorised Training partner, is at the forefront of taking Cloud Skills to Universities through their program called ‘Microsoft Learn for Educators.’ This program incorporates training for industry-recognized Microsoft Certifications into the curriculum for the benefit of both the teaching and student community. Also, as part of our mission to enable the student community on niche technologies, we have taken numerous initiatives called the AI classroom series in association with Microsoft and NASSCOM to impart training for 1 million students in the Artificial Intelligence space. Moreover, as part of our mission to build a better cloud ecosystem, we offer Research Internships every year to meritorious students and train them on various cloud skills like Cloud Migration, AI/ML and IoT, DevOps, Cloud Security, Analytics by providing them access to real-world projects.

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