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Bank of Baroda Contributes ₹2 Crore for Education of Armed Forces Families

Bank of Baroda

Bank of Baroda has contributed ₹2,00,16,000 to the Armed Forces Flag Day Fund (AFFDF) as part of its Corporate Social Responsibility (CSR) initiative, aimed at supporting the education of children from armed forces families.

The contribution will provide educational scholarships to 834 children of ex-servicemen, martyrs, and their widows, helping ease financial barriers and promote access to quality education.

The fund is administered by the Kendriya Sainik Board under the Ministry of Defence, which works towards the welfare of armed forces personnel and their families.

Also Read: PhysicsWallah Receives ₹263.34 Crore Income Tax Demand Notice

The cheque was handed over by Beena Vaheed, Executive Director of Bank of Baroda, to D. S. Basera, Secretary, Kendriya Sainik Board, in the presence of senior officials from the bank.

Through this initiative, the bank reaffirmed its commitment to supporting the families of defence personnel and contributing to their long-term empowerment by enabling better educational opportunities for their children. 

IICT Partners with Gativedhi Technologies to Bring AI-Driven Production Intelligence into AVGC-XR Training

Indian Institute of Creative Technologies

The Indian Institute of Creative Technologies (IICT) has entered into a strategic Memorandum of Understanding (MoU) with Gativedhi Technologies Pvt. Ltd. to integrate AI-driven production intelligence tools into academic training and research. This collaboration aims to strengthen India’s AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) ecosystem by introducing advanced production pipeline systems within an academic framework.

As part of the partnership, IICT will incorporate Gativedhi’s production intelligence platform, Shotrack, into its academic curriculum. Students, faculty, and researchers will engage with the platform through beta programmes, academic assessments, and pilot implementations in simulated studio environments. The initiative is designed to offer hands-on exposure to real-world production tracking systems widely used in animation, VFX, and digital media industries.

Shotrack enables comprehensive management of production pipelines by tracking shots, assets, tasks, and workflows while facilitating approvals, version control, and scheduling across departments. The platform supports on-premise, cloud, and hybrid deployments, ensuring flexibility and data control for studios. Its production intelligence capabilities leverage structured data to deliver actionable insights, including bottleneck identification, resource optimisation, risk forecasting, and cost analysis.

Addressing the complexities of multi-studio collaborations, Shotrack provides a unified production environment to enhance workflow continuity, asset sharing, and progress tracking across distributed teams.

In addition, Gativedhi is building an integrated suite of tools, including StudioTrack for studio operations such as budgeting, recruitment, and infrastructure management, and WorkTrack for monitoring productivity and team performance. Together, these platforms aim to support end-to-end operations within creative organisations.

Also Read: Why India’s Edtech Sector Is Turning into a Two-Horse Race

Under the collaboration, IICT will embed these tools into courses related to animation, VFX, gaming, and media production management. The partnership will also feature guest lectures, workshops, internships, and joint research initiatives, focusing on production pipeline optimisation, AI-assisted scheduling, and data-driven production management.

Dr. Vishwas Deoskar, CEO, IICT, highlighted the role of academic institutions as testing grounds for emerging technologies, noting that the collaboration will enable students to understand and experiment with large-scale production workflows.

Senthil Kumar, Founder & CEO, Gativedhi Technologies Pvt. Ltd., emphasised that the partnership will bring real-world studio management tools into academic settings while enabling valuable feedback to enhance production pipeline solutions.

Dr. Ashish Kulkarni, Co-Founder, Gativedhi Technologies Pvt. Ltd., underscored the need for unified solutions in multi-studio environments, stating that Shotrack is designed to improve transparency, efficiency, and coordination across modern production workflows.

Why India’s Edtech Sector Is Turning into a Two-Horse Race

Two-Horse Race

India’s edtech sector is entering a new phase of consolidation, with the market increasingly dominated by a few large players. According to recent analysis, the industry is shifting from a fragmented landscape to what now resembles a “two-horse race”, led by PhysicsWallah and a potential combined entity of upGrad and Unacademy.

This shift is being driven by a broader transition in the sector—from aggressive growth and heavy funding to a stronger focus on profitability, efficiency, and sustainable business models. Companies are now prioritising outcomes, cost control, and long-term viability over rapid expansion.

The proposed upGrad–Unacademy deal is seen as a key turning point, signalling consolidation in the industry. As smaller players struggle with funding constraints and changing market dynamics, larger platforms with scale, diversified offerings, and strong capital backing are better positioned to survive and grow.

Also Read: Ministry of Education Launches SATHEE Portal with IIT Kanpur to Support Competitive Exam Aspirants

Another defining factor is product breadth and ecosystem strength. Leading players are expanding beyond single categories—such as test prep or upskilling—into full-stack learning platforms that cover multiple segments, from school education to professional training.

Overall, the Indian edtech market is maturing rapidly. The focus is now on execution, outcomes, and operational discipline, rather than just user growth—marking a clear shift toward a more concentrated and competitive landscape. 

Ministry of Education Launches SATHEE Portal with IIT Kanpur to Support Competitive Exam Aspirants

Ministry of Education Launches SATHEE Portal with IIT Kanpur to Support Competitive Exam Aspirants

The Ministry of Education, in collaboration with IIT Kanpur, has launched the SATHEE (Self-Assessment Test and Help for Entrance Exams) portal, aimed at providing free, high-quality learning support to students preparing for competitive examinations.

The platform serves as a self-paced interactive learning and assessment system, offering a wide range of resources including video lectures, mock tests, practice questions, and doubt-clearing support. It is designed to make quality coaching accessible to students across the country, especially those from underserved and remote areas.

SATHEE supports preparation for major exams such as JEE, NEET, CUET, CLAT, SSC, and banking exams, with content available in multiple Indian languages to ensure inclusivity and wider reach.

Also Read: NVIDIA Partners with edForce to Strengthen AI Workforce Skills in India

The initiative leverages AI-driven analytics and personalised learning tools to help students track their performance and identify areas for improvement. Features like live classes, mentorship from IIT and AIIMS experts, and adaptive assessments further enhance the learning experience.

Aligned with the goals of the National Education Policy (NEP) 2020, the SATHEE portal aims to democratise access to quality education and reduce dependence on expensive coaching, enabling students from all backgrounds to compete on an equal footing.

NVIDIA Partners with edForce to Strengthen AI Workforce Skills in India

NVIDIA

NVIDIA has partnered with workforce upskilling platform edForce to expand access to advanced training in artificial intelligence, accelerated computing, and data-driven technologies across India. The collaboration aims to address the growing demand for skilled talent in the rapidly evolving AI ecosystem.

As part of the partnership, the two organisations will deliver industry-aligned training programmes and certification pathways, enabling professionals and enterprises to build expertise in next-generation AI tools and platforms. The initiative is designed to bridge the widening skills gap and prepare India’s workforce for emerging technology roles.

The programme will focus on hands-on learning, practical use cases, and real-world applications, ensuring that learners gain job-ready skills rather than just theoretical knowledge. It will also support enterprises in scaling their AI capabilities by equipping teams with the technical expertise needed to deploy and manage AI solutions effectively.

Also Read: PM Vidya Lakshmi Portal Sanctions Over 3.31 Lakh Education Loans in First Year

This collaboration comes at a time when demand for AI talent is surging globally, with organisations increasingly investing in upskilling and reskilling initiatives to stay competitive. By combining NVIDIA’s AI ecosystem with edForce’s training infrastructure, the partnership aims to accelerate the development of a future-ready AI workforce in India.

PM Vidya Lakshmi Portal Sanctions Over 3.31 Lakh Education Loans in First Year

PM Vidya Lakshmi Portal

Within a year of its launch, the PM Vidya Lakshmi portal has sanctioned more than 3.31 lakh education loans, highlighting growing demand for accessible higher education financing in India. The Ministry of Education reported that ₹7,229 crore has been disbursed for the first year of study.

The portal received over 6.5 lakh applications by February 24, out of which around 50.8% were approved, indicating strong uptake among students seeking financial support. The total sanctioned amount for full course durations stands at nearly ₹35,900 crore.

Launched in February 2025, the platform acts as a single-window system with a simplified application process, aimed at improving transparency and ease of access to education loans. It operates under the PM-Vidyalaxmi (PMVL) scheme, introduced following the Union Budget 2024.

A key feature of the scheme is the provision of collateral-free and guarantor-free loans for students admitted to recognised quality higher education institutions, including those ranked under the NIRF. Additionally, students from families earning up to ₹8 lakh annually are eligible for a 3% interest subsidy on loans up to ₹10 lakh.

Also Read: upGrad Signs Term Sheet to Acquire Unacademy in All-Stock Deal

The portal is integrated with a wide network of lenders, including public and private sector banks, regional rural banks, and cooperative banks, helping expand credit access. It has also reduced the average loan approval time to under eight days, making the process faster and more efficient.

The government continues to promote the platform through multilingual outreach and institutional partnerships, aiming to further increase awareness and participation among students across the country.

upGrad Signs Term Sheet to Acquire Unacademy in All-Stock Deal

upGrad

Edtech major upGrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, marking a significant consolidation in India’s education technology sector.

The proposed deal will be executed through a complete share swap, with the final valuation to be disclosed once the transaction is closed.

As part of the agreement, Unacademy co-founder Gaurav Munjal is expected to continue in a leadership role, ensuring continuity in operations and strategy within the combined entity.

The acquisition brings together two major players in the edtech ecosystem—upGrad, known for higher education and upskilling programmes, and Unacademy, which has built a strong presence in test preparation. The merger is expected to strengthen their combined capabilities across learning segments and expand their reach in both domestic and global markets.

Also Read: IIT Madras Develops ‘EduReach’ to Bring AI-Powered Learning to Low-Infrastructure Schools

This development reflects a broader consolidation trend in the edtech sector, which has been undergoing a correction following rapid growth during the pandemic years. Companies are increasingly focusing on sustainability, profitability, and strategic alignment to navigate the evolving market landscape.

IIT Madras Develops ‘EduReach’ to Bring AI-Powered Learning to Low-Infrastructure Schools

IIT Madras

The Indian Institute of Technology (IIT) Madras has developed EduReach, an AI-enabled digital learning platform aimed at helping schools with limited infrastructure adopt technology-driven education in a cost-effective manner.

Developed by the institute’s Wadhwani School of Data Science and Artificial Intelligence (WSAI), EduReach offers a modular and open-source framework that allows schools to adopt digital tools gradually, rather than requiring large upfront investments in infrastructure. This flexible approach enables institutions to integrate only the components they need, making digital transformation more accessible.

The platform includes features such as course content management systems, analytics dashboards, and automated assessment tools, helping teachers track student performance and make data-driven decisions. It also supports AI-powered capabilities like automated question generation and real-time evaluation.

Read More: Canada Announces $100 Million Scholarship Initiative for Indian Students

EduReach has already been implemented in around 250 schools across two states, with plans to scale up to 11,000 government schools, potentially benefiting over 11 lakh students. The initiative is being expanded in collaboration with IIT Madras’ CSR programme Vidya Shakti, which focuses on last-mile delivery of digital education.

The initiative operates under the Centre of Excellence in AI for Education (Bodhan AI) and aligns with broader national efforts to use AI for improving public education systems. By enabling gradual and affordable adoption of digital tools, EduReach aims to bridge the digital divide and make quality learning accessible to students in underserved regions. 

National Skill and Education Summit Concludes in Lucknow with Strong Call for Future Ready Workforce

National Skill and Education Summit Uttar Pradesh

Lucknow witnessed a powerful coming together of policymakers, educators, industry leaders, and technology innovators as Elets Technomedia, in collaboration with the Uttar Pradesh Skill Development Mission and with Invest UP as the Supporting Partner, successfully hosted the National Skill and Education Summit – Uttar Pradesh at The Centrum, Lucknow. The summit served as a vibrant platform for shaping conversations around India’s evolving education and skill ecosystem and preparing the country’s youth for the rapidly transforming world of work.

Against the backdrop of India’s ambition to become a $5 trillion economy, the summit placed a strong spotlight on the need to align education, skills, and industry demand. The summit was graced by Pulkit Khare, Mission Director, Uttar Pradesh Skill Development Mission, Awanish Awasthi, Advisor, Chief Minister, Government of Uttar Pradesh, Dr. Hari Om, Principal Secretary, Department of Vocational Studies & Skill Development, Government of Uttar Pradesh, among others who shared their perspectives on strengthening the state’s education and skilling landscape and empowering youth with industry-relevant capabilities.

Through a series of thought-provoking keynote addresses, panel discussions, and knowledge sessions, the summit explored themes such as industry-driven curriculum, digital learning transformation, emerging workforce trends, and stronger collaboration between academia and industry. Experts emphasised the need for education systems to evolve in order to nurture critical thinking, digital fluency, and adaptability among learners in an increasingly technology-driven world.

Leaders and policymakers at the summit also shared their perspectives on strengthening Uttar Pradesh’s skill ecosystem and fostering deeper industry–academia collaboration to prepare the state’s youth for future opportunities.

Dr. Hari Om, Principal Secretary, Department of Vocational Studies & Skill Development, Government of Uttar Pradesh

“We need to embrace AI and emerging technologies while also preserving and strengthening our traditional strengths, such as agriculture. A balanced approach that combines innovation with traditional sectors will help ensure sustainable growth and long-term resilience for the economy and society.”

Pulkit Khare, Mission Director, UP Skill Development Mission

“We must focus on concrete initiatives that benefit society and make our education system future-ready, with Uttar Pradesh emerging as a frontrunner. Education and skill development must go hand in hand, with skills playing a central role in preparing youth for the evolving job market. A strong skill ecosystem will boost every sector, align talent with industry needs, and create better employment opportunities. UPSDM is focusing on skill development and making students industry-ready.”

Awanish Awasthi, Adviser, Chief Minister, Government of Uttar Pradesh

“To ensure transparency and quality in skill development, a strong monitoring system should be established. A committee of around 10 retired IAS officers and experienced bankers can be appointed to regularly review and evaluate whether skill centres are functioning properly. CCTV cameras can be installed in the public areas of these centres to maintain accountability and transparency. In addition, all key information about the skill schools, such as the courses being offered, what students are learning, enrolment numbers, and graduation timelines, should be made available online, ensuring public access and better oversight of the system.”

Dr Anurag Singh, Director, GLA University

“Universities must adapt to the new education model where hybrid learning complements traditional face-to-face teaching. However, access to expensive devices makes hybrid education challenging for many learners. While AI can help identify learning gaps, issues of data privacy and security remain important concerns in smart education.”

D.K. Arjwani, Zona Head (General Manager), Central Bank of India

“We need to build a strong ecosystem where the banking system plays a crucial role in supporting growth and opportunities. Financial independence should be an integral part of education, empowering individuals to turn their skills into practical ideas. Banks and financial institutions can act as key enablers by supporting innovation, helping convert ideas into viable enterprises, and ultimately transforming skills and ideas into sustainable employment opportunities.”

Manish Kumar Vimal, NITI Aayog

“Aligning India’s skill ecosystem with the global workforce ecosystem is less about creating new policies and more about bringing existing initiatives together into a coherent system, framework, and vision. This alignment should be guided by the principle of One Nation, One Standard, supported by strong international partnerships to ensure that India’s workforce is globally competitive and industry-ready.”

Akshay Chaturvedi, Leverage Edu

“We need to celebrate entrepreneurship and recognise successful business leaders who drive innovation and create jobs. With many institutions holding surplus capital, there is an opportunity to channel these resources into future technologies. Establishing a sovereign AI fund could support innovation, startups, and the development of a strong AI ecosystem.”

Adding a dynamic dimension to the event was the expo showcase, where organisations presented innovative technologies, digital platforms, and solutions designed to transform skill development and learning delivery. The exhibition space allowed participants to experience first-hand the innovations shaping the future of education and training.

A key highlight of the summit was the launch of the latest edition of Elets’ Digital Learning magazine titled “Skilling UP for a Viksit Bharat.” The special edition brings together insights, policy perspectives, and success stories from government leaders, educationists, and industry experts, focusing on how India’s education and skill ecosystem can empower youth, strengthen employability, and contribute to the nation’s vision of becoming a Viksit Bharat.

The summit received strong support from leading organisations across the education and skill ecosystem. Central Bank of India joined as the Presenting Partner, GLA University as the Gold Partner, JSS University as the University Partner. Union Bank of India, Leverage Edu and Small Step Foundation Trust supported the event as Associate Partners, while Codetantra participated as the Exhibitor.

As the summit concluded, it reinforced a powerful message: building a future-ready workforce requires collaboration between government, industry, academia, and technology providers. By bringing these voices together on one platform, the National Skill and Education Summit Uttar Pradesh helped spark new ideas, partnerships, and strategies aimed at preparing India’s youth for the opportunities of tomorrow.

Lucknow to Host National Skill & Education Summit Tomorrow

National Skill & Education Summit

Elets Technomedia, in collaboration with the Uttar Pradesh Skill Development Mission, is set to host the National Skill & Education Summit – Uttar Pradesh tomorrow, 11 March 2026, at The Centrum, Lucknow. The high-impact one-day conference will convene policymakers, industry leaders, academia, and skilling ecosystem stakeholders to deliberate on building India’s largest future-ready workforce.

At a time when India is accelerating towards becoming a $5 trillion economy, the convergence of education, skilling, technology, and industry demand has become more critical than ever. Rapid advancements in Artificial Intelligence, automation, digital platforms, and Industry 5.0 are redefining job roles, competencies, and learning models. The summit aims to explore how India can align its education and skill development systems with the emerging needs of the global economy and create an employability-driven, innovation-oriented workforce.

The summit will witness the presence of senior government leaders including Shri Yogendra Upadhyaya, Hon’ble Minister of Higher Education, Government of Uttar Pradesh, and Shri Kapil Dev Aggarwal, Hon’ble Minister of State for Vocational Education and Skill Development, Government of Uttar Pradesh, who will share their vision for strengthening the skilling and education ecosystem in the state and beyond.

Several senior policymakers and industry experts will also participate in the discussions, including Amrit Abhijat, Additional Chief Secretary, Tourism Department, Government of Uttar Pradesh; Dr. Hari Om, Principal Secretary, Skill Development & Entrepreneurship Department, Government of Uttar Pradesh; Ranjan Kumar, Principal Secretary, AYUSH & Food Safety and Drug Administration Department, Government of Uttar Pradesh; Girijesh Kumar Tyagi, Special Secretary, Higher Education Department, Government of Uttar Pradesh; and Pulkit Khare, Mission Director, Uttar Pradesh Skill Development Mission, among others.

The summit will feature a series of high-level keynote sessions, panel discussions, and strategic dialogues focusing on topics such as the integration of technology in education, future workforce requirements, industry-academia collaboration, skill ecosystem transformation, digital learning, and the role of emerging technologies in shaping employability.

A dedicated Expo Zone will showcase innovative solutions from leading organisations working in the domains of education technology, skilling platforms, digital learning tools, and workforce development, providing stakeholders an opportunity to explore the latest innovations transforming learning and skill development.

As part of the event, Elets will also launch a new edition of its Digital Learning magazine, bringing together insights, perspectives, and success stories from policymakers, educators, and industry leaders working to reshape the future of education and skills in India.

The summit is supported by leading institutions and organisations from the education and skill ecosystem. Central Bank of India (CBI) joins as the Presenting Partner, while GLA University is the Gold Partner. Coursera is the Online Learning Partner, and JSS University joins as the University Partner. Union Bank of India and Stepping Stone Foundation Trust are the Associate Partners, while Codetantra will participate as the Exhibitor.

The National Skill & Education Summit – Uttar Pradesh is expected to serve as a vital platform for dialogue, collaboration, and knowledge exchange, bringing together key stakeholders to design strategies that can equip India’s youth with the skills needed to thrive in a rapidly evolving global economy.

With Uttar Pradesh emerging as a significant hub for education, innovation, and skill development, the summit aims to strengthen partnerships between government, academia, and industry, paving the way for a future-ready workforce and sustainable economic growth.

Be a part of this transformative conversation shaping the future of education and skills. Join us tomorrow and witness the ideas, innovations, and collaborations that will define India’s next generation workforce. Register now and be part of the change.

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