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THIS Puducherry College topped the AICTE IDEA Lab Tech Fest 2025

AICTE IDEA Lab Tech Fest 2025

The All India Council for Technical Education (AICTE) recently conducted its AICTE Idea Lab Tech Fest 2025 on Friday at its headquarters in New Delhi. Shri Shankaracharya Institute Of Professional Management And Technology at Raipur and Bhilai Institute of Technology at Durg have won the second and third prize in the festival. Puducherry’s Sri Manakula Vinayagar Engineering College topped the IDEA Lab Tech Fest 2025.

In 2021, the AICTE established IDEA (Idea Development, Evaluation & Application) Lab for its approved institutions, encouraging students for application of science, technology engineering and mathematics (STEM) fundamentals towards enhanced hands-on experience, learning by doing and even product visualisation. 

According to the criteria for this festival, the institution must be at least 10 years old and at least one course with live NBA accreditation. Aspiring institutions shall have to muster financial contribution to the tune of at least 50% for the IDEA Lab. Weightage is given to additional quantum of funds, coming especially from the industry.

At a recent event held at the All India Council for Technical Education (AICTE) headquarters in Delhi, over 76 interactive stalls served as a platform for students and faculty to present pioneering projects. These initiatives showcased advanced technological solutions addressing critical real-world challenges in sectors such as agriculture, farming, and sustainable urban development. The AICTE IDEA Lab initiative is designed to equip technical education institutions throughout India with advanced facilities that foster innovation, experimentation, and prototype development.

Also Read: IICA inaugurates its 4th batch of its ESG Impact Leader Programme

The AICTE IDEA Lab Tech Fest 2025 featured institutions with IDEA Labs displaying their most promising projects, drawing in over 1,500 attendees. The audience included exhibitors, innovators, faculty, and technology enthusiasts. A panel of five experts, comprised of academics and industry executives, evaluated the projects based on their creativity, technical proficiency, and potential impact. The top-performing teams were awarded prizes of ₹1 lakh, ₹75,000, and ₹50,000 for first, second, and third place, respectively.

 

IICA inaugurates its 4th batch of its ESG Impact Leader Programme

IICA

In a significant step towards strengthening India’s ESG ecosystem and fostering responsible business practices, the Indian Institute of Corporate Affairs (IICA), under the aegis of the Ministry of Corporate Affairs, inaugurated its fourth batch of the IICA Certified ESG Professional – Impact Leader Programme on Sunday in a virtual ceremony. This flagship initiative serves as a vital platform for building ESG leadership and regulatory expertise, equipping professionals with the skills necessary to integrate and imbibe the spirit of responsible business conduct and investment strategies into the DNA of businesses.

In her welcome address, Prof. Garima Dadhich, Programme Director & Head, School of Business Environment, IICA, acknowledged the visionary leadership of Dr. Ajay Bhushan Prasad Pandey, DG & CEO, IICA, and expressed gratitude for his unwavering support in advancing ESG excellence and shaping the institute’s initiatives. She also underscored the growing financial significance of ESG, noting that India requires an estimated $2.5 trillion by 2030 to meet its climate and sustainability targets. She emphasized that sustainable finance, green bonds, and impact investing will be key enablers in bridging this investment gap and called for greater corporate participation in ESG-led economic transitions.

Delivering the inaugural address, Inderdeep Singh Dhariwal, Joint Secretary, Ministry of Corporate affairs, emphasised that ESG is no longer an option but a necessity for businesses to remain competitive in an evolving global landscape. Pramod Rao, Executive Director, SEBI, provided insights into SEBI’s ongoing efforts to enhance ESG disclosures, sustainability-linked investments, and the credibility of ESG ratings, ensuring greater accountability in corporate sustainability reporting.

Bo Beiskjaer, Chief of Resource Mobilisation and Partnerships, UNICEF India, highlighted the social dimension of ESG, urging businesses to integrate diversity, equity, and social responsibility into their ESG strategies to drive inclusive and sustainable development.

Sanjay Dubey, Additional Chief Secretary, Government of Madhya Pradesh, emphasised the critical role of the Programme in equipping professionals with the knowledge and skills needed to drive sustainable transformation across industries. He highlighted the National Association of Impact Leaders (NAIL) as a key feature of the programme, serving as a dynamic platform that fosters collaboration, knowledge exchange, and thought leadership among ESG professionals.

Also Read: Arunachal Pradesh Unveils ‘Mission Shikshit Arunachal 2029’: A Transformational Roadmap for Education Reform

Providing an overview of the programme, Prof. Garima Dadhich, Head, School of Business Environment, IICA, highlighted the diverse cohort of 100+ senior professionals from key industries, with 35% female participation and representation from 23 states, reflecting India’s expanding ESG landscape. The Inaugural programme was successfully moderated by Programme co-ordinator and Senior Research Associate, Ms. Shivangi Vashishta.

The programme fosters ESG leadership and industry-academia collaboration empowering ESG leaders with the expertise to drive climate resilience, inclusive growth, and responsible business practices, aligning with India’s commitments under the Paris Agreement and SDGs. Successfully certified candidates join the National Association of Impact Leaders (NAIL), an online platform and dynamic community of 350+ ESG professionals, fostering ongoing learning, networking, collaboration, leadership, and policy advocacy to drive India’s ESG transformation.

Arunachal Pradesh Unveils ‘Mission Shikshit Arunachal 2029’: A Transformational Roadmap for Education Reform

Mission Shikshit Arunachal 2029

“This is not just a transformation, but a metamorphosis. We have set a deadline, and the results will be defined by our collective efforts”, expresses Hon’ble Education Minister of Arunachal Pradesh, Shri Pasang Dorjee Sona. 

Arunachal Pradesh has taken a decisive step toward revolutionizing its education sector with the launch of ‘Mission Shikshit Arunachal 2029’, a visionary three-year roadmap aimed at addressing long-standing challenges in the state’s education system. Announced at the Arunachal Pradesh Legislative Assembly by Hon’ble Education Minister Shri Pasang Dorjee Sona, the initiative was met with overwhelming appreciation from ministers and stakeholders, marking a significant milestone in the state’s commitment to educational reform.

A Bold Vision for Transformative Change

The Mission Shikshit Arunachal 2029 is designed to overhaul key aspects of the education ecosystem, including learning outcomes, teacher training, school infrastructure, and governance, ensuring access to quality education for every child in the state. With the strong leadership of Shri Pasang Dorjee Sona and the unwavering support of Hon’ble Chief Minister Shri Pema Khandu, this initiative is set to bring substantial improvements to the existing education framework.

The roadmap was developed following an extensive groundwork phase, which included six months of district visits, consultations with local communities, and insights from the Chintan Shivir cum Education Conclave 2024. The plan directly addresses the teacher-student ratio imbalance, inadequate infrastructure, and low learning outcomes that have hindered progress in the past.

Reaffirming his dedication to the initiative, Hon’ble Education Minister, Shri Pasang Dorjee Sona stated, “We often see that after every symposium, people go back, and there is no follow-up. But this time, it was different. After the three-day Chintan Shivir, we visited every district of Arunachal Pradesh over the next six months. Thanks to our energetic team, our advisor, and the members, we were able to translate those discussions into this roadmap. Education is the foundation of progress, and we must confront our weaknesses head-on. The more you hide your weaknesses, the weaker you become. And here we are, committed to finding solutions. This is not just a transformation, but a metamorphosis. Deadlines amuse me, and this three-year deadline will be defined by the efforts we put in together. And today, we proudly present this roadmap to this house.”

Key Reforms Under ‘Mission Shikshit Arunachal 2029’

  • School Rationalization: Consolidation of low-enrollment and single-teacher schools to ensure optimal resource allocation and improved learning outcomes.
  • Infrastructure Upgradation: Launch of a School Infrastructure Validation Survey to assess and enhance school facilities across the state.
  • Competency-Based Learning: Shift from traditional rote learning to a modern, skills-based education system aligned with national and global standards.
  • Technology-Driven Student Performance Tracking: Digital tools for real-time performance monitoring and personalized learning interventions.
  • Teacher Training and Capacity Building: A structured training program for teachers and administrators to ensure high-quality instruction and governance.

Highlighting the necessity of strong political will, Hon’ble Education Minister, Shri Pasang Dorjee Sona further emphasized, “We have to do what we commit. Every child in Arunachal Pradesh is our child, and their education is our responsibility.”

A Lucrative Opportunity for Education Industry Leaders

For education business leaders and EdTech firms in India, ‘Mission Shikshit Arunachal 2029’ presents an unparalleled opportunity to expand operations and play a vital role in shaping the future of education in Arunachal Pradesh. The mission’s emphasis on digital transformation, infrastructure development, and competency-based learning creates a high-demand market for innovative solutions.

Opportunities include:

  • EdTech Integration: Arunachal Pradesh’s push for technology-driven governance and digital learning opens doors for EdTech startups and established companies to introduce smart learning solutions, AI-based student monitoring, and adaptive learning platforms.
  • Teacher Training and Capacity Building: With a structured training program as a key focus area, companies specializing in teacher upskilling, e-learning modules, and leadership training can find new business avenues.
  • School Infrastructure Development: The school rationalization and infrastructure validation survey indicate potential collaborations for construction firms, furniture manufacturers, and classroom technology providers.
  • Public-Private Partnerships (PPP): The initiative provides room for PPP models, where private education firms can work alongside the government to implement large-scale reforms in a sustainable manner.

With government backing, structured implementation plans, and an emphasis on measurable outcomes, education enterprises investing in Mission Shikshit Arunachal 2029 stand to gain long-term growth while contributing to a historic transformation in India’s education landscape.

Also Read: Simandhar Education Launches Women’s Day Scholarship Program to Empower Women in Finance and Accounting

A Call to Action for Industry Leaders

With an ambitious three-year deadline and a clear action plan, ‘Mission Shikshit Arunachal 2029’ is more than just an education reform—it is a game-changing opportunity for industry leaders to bring their expertise and solutions to one of India’s most promising yet underdeveloped education markets.

For education businesses looking to expand into untapped territories, create impact-driven projects, and forge strategic government partnerships, Arunachal Pradesh is now a prime destination.

The time to act is now. The future of Arunachal Pradesh’s education sector is being shaped today—and it invites innovators, investors, and changemakers to be part of its transformation.

Simandhar Education Launches Women’s Day Scholarship Program to Empower Women in Finance and Accounting

Simandhar Education

In a bid to foster greater gender diversity and empower women in the finance and accounting sectors, Simandhar Education has introduced its Women’s Day Scholarship Program. This initiative aims to provide financial support for women aspiring to earn globally recognized certifications, including CPA, CMA, CIA, and EA.

Running from March 6 to March 31, 2025, the scholarship offers ₹30,000 off on the CPA (2-year plan) and ₹15,000 off on CMA, EA, and CIA programs. To qualify, applicants must achieve a minimum score of 70% on an online scholarship test, which evaluates accounting knowledge, financial aptitude, problem-solving skills, and logical reasoning.

Addressing the Gender Gap in Finance Leadership

The finance and accounting sectors have a substantial female workforce, yet women remain underrepresented in leadership positions. Financial constraints often prevent professionals from pursuing advanced certifications, which are crucial stepping stones to career growth.

Poonam Jain, Co-Founder of Simandhar Education, highlighted the importance of this initiative, stating: “Having worked in the finance sector, I understand the barriers women face in advancing their careers. Education and professional certifications are key to overcoming these challenges. This scholarship program is a step toward making high-value credentials more accessible and helping women succeed in leadership roles.”

Echoing this sentiment, Shruti, Vice President of Simandhar Education, added: “Women constitute a significant part of the finance workforce, yet leadership opportunities remain limited. Financial hurdles often restrict them from pursuing advanced certifications, ultimately slowing career progression. Our scholarship program aims to bridge that gap, making it easier for women to earn globally recognized credentials and step into leadership positions.”

This marks Simandhar Education’s first dedicated scholarship program for women, reinforcing its commitment to fostering a more inclusive finance industry. By making advanced finance certifications more accessible, the organization seeks to support talented women professionals in securing leadership roles and driving industry-wide change.

Simandhar Education is a premier accounting training institute and an official partner of AICPA and IMA, offering globally recognized certifications such as CPA, CMA, CIA, and ACCA. With a strong focus on bridging the awareness gap in accounting education, Simandhar provides live classes, digital learning resources, and career placement support across key Indian cities. Through partnerships with top accounting firms, the institute ensures that students gain practical insights and industry placements, making it a trusted platform for aspiring global finance professionals.

Also Read: Assam Cabinet Approves Establishment of Two New Private Universities to Boost Higher Education

By launching this scholarship program, Simandhar Education underscores its dedication to empowering women in finance and bridging the gender gap in leadership roles. As the financial sector continues to evolve, such initiatives play a pivotal role in creating a more diverse and inclusive industry. Women finance professionals across India are encouraged to seize this opportunity and take a decisive step toward advancing their careers.

Assam Cabinet Approves Establishment of Two New Private Universities to Boost Higher Education

Assam Cabinet

In a significant move aimed at enhancing higher education infrastructure and fostering skill-based learning, the Assam Cabinet has approved the establishment of two new private universities—EdTech Skills University in Tinsukia and Maa Kamakhya National University in Sipajhar. These institutions are expected to play a crucial role in meeting the evolving demands of education and research in the state.

Strengthening Higher Education Through Private Institutions

The newly sanctioned universities will focus on providing industry-relevant education and research opportunities, helping bridge the gap between academic learning and professional requirements. The Assam government has emphasized that these universities must comply with strict regulations to ensure quality education. In line with this, the Cabinet has approved amendments to the Assam Private Universities Act, 2007, which mandates a national security clearance for private universities before they can commence operations. This initiative is designed to uphold academic integrity and prevent any regulatory violations.

Policy Reforms to Enhance Skill Development

Furthering its commitment to skill enhancement, the Assam government has partnered with PanIIT Alumni Reach to establish 10 skill development centers across the state. These centers will be set up at an estimated cost of ₹90 crore, with ₹10 crore contributed by the state government and the remainder funded by the PanIIT Alumni Association. The initiative aims to equip students and professionals with industry-ready skills, boosting employability and entrepreneurship.

Assam’s Industrial Growth and Construction Sector Reforms

Beyond education, the Assam Cabinet has introduced multiple policy reforms to position the state as a preferred industrial hub. A notable initiative is the Assam Electronics System Design & Manufacturing (ESDM) Policy, aimed at attracting investments in the electronics sector and strengthening local manufacturing capabilities.

The government has also taken strategic measures to integrate unemployed graduate and diploma engineers into Assam’s construction industry. A new policy relaxes pre-qualification criteria for government projects, allowing unemployed engineers to bid for tenders. Those who do not meet the financial criteria can form a Special Joint Venture (SJV) with an eligible financial partner, ensuring broader participation in infrastructure development projects.

Additionally, the Cabinet has approved the inclusion of Engineered Bamboo Composite Materials in the Schedule of Rates (SOR) under PWD (Building & National Highways). As part of this initiative, all new public buildings in Assam must incorporate at least 5% bamboo-based materials, promoting sustainability and leveraging the state’s rich bamboo resources.

Honoring Ratan Tata: Assam’s New Electronics City

In recognition of the contributions of Ratan Tata, the Assam government has decided to name the upcoming logistics park, semiconductor assembly and testing facility, and proposed township in Jagiroad as ‘Ratan Tata Electronics City (RTEC), Jagiroad.’

A Transformational Step in Assam’s Educational and Industrial Landscape

With these initiatives, Assam is set to witness a transformative phase in higher education, skill development, and industrial growth. The establishment of private universities, along with policy reforms in education and infrastructure, underscores the state’s commitment to creating a well-equipped workforce and attracting investments in key sectors. These steps are expected to bolster Assam’s position as an emerging hub for quality education, research, and industry-driven skill development.

PhysicsWallah Expands AI-Powered NEET, JEE Courses in Regional Languages Facilitating Accessibility in Indian Education

PhysicsWallah

In a groundbreaking move aimed at making quality education more accessible, edtech unicorn PhysicsWallah (PW) has announced its initiative to offer AI-powered courses for the National Eligibility-cum-Entrance Test (NEET) and Joint Entrance Examination (JEE) in five regional languages. This initiative, known as Project Bharat, was unveiled during PW’s annual flagship event, Vishwas Diwas, and seeks to bridge language barriers, particularly benefiting students from rural and non-Hindi/English-speaking regions of India.

Breaking Language Barriers with Bharat Batches

Under Bharat Batches, PW’s flagship Lakshya program will now be available in Marathi, Bengali, Gujarati, Kannada, and English, with plans to expand to more languages in the future. By providing high-quality educational content in regional languages, PW aims to ensure that students across India receive equal learning opportunities, irrespective of their linguistic background.

The course content under Project Bharat will be scripted in native languages, dubbed for clarity, and further enhanced using Artificial Intelligence (AI). This innovative approach replicates the in-person learning experience, allowing students to grasp complex concepts more effectively.

AI-Driven Learning Enhancements

Alongside Project Bharat, PW introduced a suite of AI-powered tools designed to elevate the student learning experience:

  • Prep Meter: An advanced performance-tracking system that assesses students’ learning progress, identifies strengths and weaknesses, and provides AI-driven personalized video recommendations for improvement. The tool monitors students’ lecture viewing habits, Daily Practice Programs (DPP), and test performances, offering real-time performance analysis to help them enhance their preparation.
  • PW Books: A smart digital NCERT book available as a standalone app on the Google Play Store, offering an interactive way for students to engage with their study materials. Using AI-powered features, students can click pictures to access relevant content, highlight key concepts, take notes, and receive instant explanations, making their study sessions more effective and streamlined.

Gamifying Learning with Level-Up

PW has also launched Level-Up, a reward-based system that transforms studying into an engaging and competitive experience. This feature allows students to track their progress and compete with peers nationwide, motivating them to stay consistent with their studies. During a pilot phase conducted among Class 9 and 10 students, the feature reportedly led to a 30% increase in study time on the PW App.

Students using Level-Up start at an initial level and are grouped with 30 peers, earning XP points for completing academic activities such as watching lectures, solving DPPs, taking mock tests, and participating in regular assessments. This gamification strategy fosters motivation and encourages students to stay on track with their learning goals.

Pegasus: A Premium Program for NEET & JEE Aspirants

For students aspiring to excel in JEE Advanced and NEET, PW has introduced Pegasus, a specialized premium course available in both four-year and three-year formats. This program offers early advantages with a fast-paced curriculum, integrates Olympiad preparation, and includes an eight-month practice and testing phase before board exams. By providing a structured and comprehensive approach, Pegasus ensures that students receive rigorous training and ample preparation time to succeed in these highly competitive exams.

Revolutionizing Indian Education with AI and Vernacular Learning

The launch of Project Bharat and AI-driven educational tools marks a transformative shift in India’s education sector, setting a precedent for inclusivity and innovation in learning. By integrating regional languages, AI-powered study tools, and gamified learning strategies, PW is breaking barriers and making high-quality education more accessible, engaging, and effective.

Alakh Pandey, Founder and CEO of PhysicsWallah, emphasized the company’s commitment to serving the student community, stating, “Throughout the previous year, I have received feedback from students requesting educational content in their regional languages. Project Bharat is our first attempt towards making this vision a reality. Additionally, with AI-driven tools like Prep Meter, PW Books, and Level-Up, we are ensuring that students receive a holistic and enriched learning experience.”

Also Read | PhysicsWallah Crosses 150 Centres Across India; New Vidyapeeth Centres in Dibrugarh, Chennai and Udaipur

This initiative is expected to empower millions of students, particularly those from underprivileged backgrounds, by eliminating language barriers and providing cutting-edge digital learning solutions. With AI, regional content, and gamification, PhysicsWallah is poised to redefine the landscape of competitive exam preparation in India, making quality education equitable and accessible for all.

Leap Finance Secures $100 Million Debt Facility from HSBC to Expand Study Abroad Loans

Leap Finance

In a significant development for the Indian education financing landscape, Leap Finance, the student lending arm of South Asia’s largest study-abroad platform, has secured a $100 million debt facility from HSBC under its ASEAN Growth Fund. This milestone funding is poised to benefit thousands of Indian students aspiring to pursue higher education abroad, while also influencing the broader education ecosystem in India.

Boosting Access to Global Education

The lack of affordable and flexible financing options remains a primary barrier for many talented students aiming to study abroad. Leap Finance addresses this challenge by offering collateral-free, USD-denominated loans that cover the full cost of international education. Unlike traditional banking models, which often rely on a family’s existing financial standing, Leap’s model evaluates a student’s future earning potential, making education loans more accessible and inclusive.

With this new debt facility, Leap Finance aims to expand its reach across the United States, enhance university partnerships, and strengthen its presence in India. The company has already facilitated over $250 million in education loans, enabling more than 5,000 students to pursue postgraduate degrees overseas.

“With lack of financing often the largest impediment to global aspirations, this facility will enable us to help hundreds of students make their move abroad,” said Vaibhav Singh, Co-founder, Leap Finance.

Impact on the Education Industry in India

The infusion of $100 million into Leap Finance’s lending portfolio will have significant ripple effects across the education ecosystem in India.

  1. Enhanced Student Mobility: The expansion of Leap Finance’s loan offerings will enable more Indian students to access world-class institutions abroad, fostering international collaborations and knowledge exchange.
  2. Growth Opportunities for EdTech & Study-Abroad Consultants: The study-abroad sector in India, including test preparation services, visa consultancies, and overseas education advisory firms, is likely to witness increased demand, driving business growth.
  3. University Collaborations: With Leap Finance expanding its partnerships with global institutions, Indian education service providers will have enhanced opportunities to collaborate with foreign universities, facilitating smoother admissions and student transitions.
  4. Innovation in FinTech and EdTech: The success of Leap Finance’s lending model, which relies on future earning potential rather than current financial status, sets a precedent for other fintech companies to develop innovative education financing solutions.
  5. Economic Upliftment: Indian students who graduate from top international universities typically see a significant increase in their earning potential. As they return to India or work in global markets, their enhanced financial capabilities contribute to economic growth and professional upskilling within the country.

Also Read: Strengthening Higher Education & Research Collaboration: Key Takeaways from the Visitor’s Conference 2024-25

Industry Leaders Weigh In

“With the unique metrics of the ASEAN Growth Fund, we are able to support Leap Finance as they expand their business and footprint,” said Shaun Sakhrani, Head of Structured Banking, Southeast Asia, HSBC. 

The strategic partnership reflects the growing confidence in India’s education financing sector and its potential to create global opportunities for students.

This announcement follows Leap Finance’s $65 million Series E equity funding round led by Apis Partners last month. With cumulative funding exceeding $400 million since its inception in 2019, Leap Finance continues to be a pioneering force in international education financing.

As the demand for global education continues to rise, innovative financing solutions like those offered by Leap Finance play a crucial role in bridging the accessibility gap. With its latest funding, the company is well-positioned to empower more students, strengthen industry partnerships, and drive significant growth in the education sector in India. Education leaders, fintech innovators, and university stakeholders must take note of this transformative shift and explore collaborative avenues to enhance student mobility and financial inclusivity on a global scale.

For education businesses, study-abroad consultants, and universities, Leap Finance’s expansion represents a growing market and a testament to the evolving role of technology and finance in reshaping the future of education.

Strengthening Higher Education & Research Collaboration: Key Takeaways from the Visitor’s Conference 2024-25

Visitor’s Conference 2024-25

The Visitor’s Conference 2024-25, hosted at Rashtrapati Bhavan, marked a significant milestone in India’s higher education landscape, bringing together Vice Chancellors, Directors, and key stakeholders from Central Universities, IITs, NITs, and other prestigious institutions. Presided over by President Droupadi Murmu, the conference served as a vital forum for deliberations on policies, advancements, and challenges in the education sector.

Visitor’s Conference 2024-25

Key Themes & Discussions

  1. Innovation in Higher Education: Exploring ways to enhance curriculum flexibility, integrate emerging technologies like AI and quantum computing, and adopt interdisciplinary approaches to problem-solving.
  2. Industry-Academia Collaboration: Strengthening partnerships between universities and industries to enhance employability, foster R&D, and drive economic growth.
  3. National Education Policy (NEP) 2020 Implementation: Reviewing progress and addressing challenges in adopting the NEP framework across institutions.
  4. Digital Transformation & Global Rankings: Strategies to improve digital infrastructure in education and enhance India’s standing in global university rankings.
  5. Sustainable Development Goals (SDGs) & Higher Education: Role of educational institutions in addressing climate change, sustainability, and social inclusivity.

Sessions & Key Participants

  • Inaugural Address by the President of India: Emphasizing the role of higher education in shaping India’s future and promoting global research leadership.
  • Panel Discussion on NEP 2020: With participation from policymakers, university leaders, and educators, this session delved into curriculum restructuring and holistic education models.
  • Industry-Academia Synergy Roundtable: Featuring CEOs, academic heads, and research directors from leading organizations like DRDO, ISRO, and corporate R&D units, discussing ways to enhance innovation ecosystems.
  • Session on AI & Digital Transformation in Education: Led by experts from NITI Aayog, IITs, and tech firms, highlighting the integration of AI, blockchain, and digital learning tools.
  • Vice-Chancellors’ Conclave: A high-level discussion focusing on leadership in higher education, governance challenges, and the need for global collaborations.

Emphasizing Research and Innovation

President Murmu underscored the need for institutions to enhance their research capabilities to align with global standards. The discussions focused on strengthening interdisciplinary research, increasing industry-academia collaboration, and boosting investments in R&D.

Government initiatives such as the National Research Foundation (NRF) and Prime Minister’s Research Fellowship (PMRF) were highlighted as crucial steps in empowering scholars and scientists to drive cutting-edge innovations.

Internationalization of Higher Education

In light of India’s ambitions to establish itself as a global knowledge hub, the Visitor’s Conference 2024-25 addressed the internationalization of higher education. The New Education Policy (NEP) 2020’s emphasis on global partnerships, foreign faculty recruitment, and student exchange programs were central to the discourse. Enhancing the global rankings of Indian institutions and attracting international students remain key objectives.

Industry-Driven Curriculum and Employability

Bridging the gap between academia and industry has been a longstanding challenge. The conference stressed the importance of skill-based education and industry-aligned curricula to enhance employability. The integration of emerging technologies like AI, data science, and blockchain into academic programs was discussed to ensure graduates are equipped for the evolving job market.

Additionally, the role of vocational education and apprenticeship programs was emphasized to provide students with hands-on experience and practical skills.

Digital Transformation and EdTech Integration

As the world continues to shift towards digitalization, leveraging technology in education was a major focal point. The conference explored the role of EdTech solutions in making education more inclusive and accessible, especially for students in remote and underserved regions. Initiatives like SWAYAM, the National Digital Library, and hybrid learning models were discussed as pivotal tools in democratizing knowledge dissemination.

Social Responsibility and Sustainability in Education

Higher educational institutions were encouraged to actively contribute to society through social responsibility programs and sustainability initiatives. Universities were urged to integrate environmental consciousness into their curriculums and operations, aligning with India’s broader sustainability goals.

Also Read: Meritto, Info-Edge backed firm, aims for IPO of ₹500 crore this year

Strengthening Governance and Institutional Autonomy

Institutional autonomy and governance reforms were also a crucial part of the discussions. The need for decentralized decision-making, faculty empowerment, and performance-based evaluation systems were highlighted as key to improving institutional efficiency and academic excellence. 

Visitor’s Conference 2024-25

The Visitor’s Conference 2024-25 reaffirmed the government’s commitment to transforming higher education in India through innovation, collaboration, and policy reforms. As institutions implement these strategic initiatives, the future of higher education in India looks promising, with a stronger focus on research, employability, digital transformation, and global competitiveness.

This landmark event set the stage for a renewed approach to learning, ensuring that Indian institutions emerge as global leaders in education and research.

Meritto, Info-Edge backed firm, aims for IPO of ₹500 crore this year

Meritto

Meritto, an enrolment automation company backed by Info Edge, has bagged investments from IIFL Capital and SBI Capital for its ambitious IPO. The public offering is aimed to raise between ₹500-600 crore. According to a report by Moneycontrol, this Gurugram-based firm aims for a ₹2,000 crore valuation in the market and plans to submit its draft red herring prospectus (DRHP) in the coming months, maximum by the end of this year.

Their website introduces itself as SaaS + Embedded Payments platform that aims to empower educational organizations to drive revenue growth and improve operational efficiency in the Student Acquisition layer.

Sources at the Moneycontrol indicate that the current market environment is unstable, particularly affecting small-cap firms. While the company’s promoters have high expectations, the ultimate outcome will depend on market responses regarding IPO size and valuation. The benchmark indices, including the Sensex and Nifty, have seen significant declines—nearly 15% from their September highs—due to geopolitical tensions and trade war concerns, with the Nifty Smallcap100 and Nifty Midcap100 indices dropping over 25% and 21%, respectively.

Meritto specialises in customer relationship management (CRM) software tailored for educational institutions, facilitating enrollment, communication, fee collection, and alumni engagement through its Merrito brand. For FY24, the company reported revenues of ₹70 crore and a net profit of ₹4 lakh. However, in the first nine months of the current fiscal year, it recorded revenues of ₹67.7 crore alongside a loss of ₹50 lakh. Despite this, the company is experiencing a 40% year-on-year growth rate, leading to optimism about its profitability.

With over 1,200 clients, Meritto is also looking to expand internationally. CEO Goyal highlighted the potential of the Indian education market, projected to reach ₹25,00,000 crore by FY28, positioning Meritto as a key player for institutions seeking operational efficiency and revenue growth. The government’s goal to increase the Gross Enrolment Ratio to 50% by 2035 further underscores the demand for advanced educational technology.

Also Read: IIFT partners with a Belgian institute in logistics & port management education

This IPO will mark the third public offering from Info Edge, which has previously seen substantial returns from its investments in companies like Zomato and PB Fintech. However, the share prices of these firms have recently declined, impacting Info Edge’s valuation.

AI Credit Solutions for Rural Students & NBFCs’ Role in Digital Learning

Steve Hardgrave

In the past few years, technology has played a crucial role in improving learning experiences as it has transformed global education. Not only has it enhanced digital learning, but also engagement in learning. The Digital Learning industry in India is expected to reach US$ 4 billion by 2025, growing at an outstanding CAGR of 39.77%, according to a report by FICCI. The rapid growth is a result of initiatives taken by the government like “Digital India” and accessibility to the internet, which make high-quality education more widely available to students nationwide. 

The challenges in obtaining school loans are one of the main barriers students face in rural areas. Further deepening the issues, the limited access to smartphones, laptops, and internet connection creates a significant gap impacting the opportunities for online education. Families with unstable economic conditions are unable to avail loans as debt repayment becomes a challenge. Inconsistent income sources make repayment dubious while simultaneously reinforcing loaners’ perspectives of rural students as high-risk candidates. To address these would require a collective response that would incorporate the use of AI to allow for simpler loan distribution, e-learning services that provide the benefits of online education, financial education, and policies allowing greater long-term sustainable academic chances. 

Making Digital Learning More Accessible

Credit solutions that are powered by artificial intelligence have transformed how banks today assess and manage risks. AI has the potential to provide risk profiles for potential borrowers by analysing various data points that include non-traditional data sources. Such practices make it easier to have access to funds required to pursue education. This approach allows for both the creation and distribution of funds that are targeted to meet the unique needs of rural students. 

Automated systems quickly determine creditworthiness from millions of parameters, making educational finance more accessible in rural areas.  This is beneficial for the borrowers and improves the operational efficiency of lending institutions.  

AI-based credit solutions are transforming education, with NBFCs playing a key role in funding digital learning. Advanced risk-scoring models leverage data analytics to enhance decision-making and risk management, evolving continuously to predict delinquencies. AI-powered chatbots automate processes like KYC verification, Aadhaar authentication, and digital agreement signing, ensuring a smooth loan disbursement. They also assist in onboarding via WhatsApp, reducing scalability challenges for CX teams. Technologies such as PAN OCR and machine learning-based KYC further improve accessibility, enabling students, especially those in rural areas, to continue learning without financial hurdles.  

Apart from providing funding to educational loans, NBFCs are also actively supporting digital learning initiatives. Interactive learning tools such as digital labs and smart classrooms have been adopted by many educational institutions in rural areas to improve the learning experience. NBFCs facilitate these changes by providing financing options for schools to invest in technology-driven education solutions. By making digital infrastructure more affordable, they help schools bridge the digital divide and enhance learning opportunities for students. 

Encouraging Financial Literacy and Inclusion

Beyond providing financial aid, there is a need to educate families about responsible borrowing and financial planning. Many organizations, including NBFCs, are working on financial literacy initiatives to assist parents and students in making informed decisions concerning education loans. Clear and succinct information on loan terms, repayment options, and budgeting ensures that families can access credit without succumbing to financial distress. Offsetting personal borrowing risks is among the other positive upshots of artificial intelligence offered to rural residents. Personalized literacy programs through digital media enable an institution to instil in communities the need for credit management and budgeting. This fosters long-term financial stability and empowers communities to make prudent financial decisions. 

Also Read: Smart Education in 2025 Shaped by AI in School Curriculums

Building a Sustainable Future for Rural Education

By supporting education and digital learning solutions, NBFCs have a tangible impact on rural areas. By eliminating financial barriers and promoting the adoption of modern learning tools, the institutions are facilitating an uninterrupted education for students. As India progresses towards an inclusive education model, the flexible financing options will continue to be indispensable in ensuring that every student gets the opportunity to learn and grow, regardless of their location and socio-economic status. The convergence of AI-driven credit solutions with the preparedness of the NBFCs to fund digital learning initiatives is largely defining the realm of education in rural India. They are doing so through a two-pronged approach: meeting the financial shortfall for securing the modalities while also ensuring that quality education reaches every student regardless of geographical location. 

Views expressed by: Steve Hardgrave, CEO and Co-Founder, Varthana 

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