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The casualties of China’s education crackdown – TechCrunch
Elliott Zaagman Contributor Once the darlings of Wall Street and venture capital as recently as the beginning of this year, China’s edtech firms are now wondering if they will be able to remain solvent long enough to see the beginning of the next. In a series of sweeping regulations, the central government has taken a wrecking ball to an education and test-prep industry worth billions, the collective value of both the schedules and wallets of the country’s urban, middle-class families. The most impactful policies were introduced in July, and they include a ban on any for-profit tutoring services focused on the country’s core public school curriculum, oriented around the make-or-break…
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Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible – TechCrunch
Taha Ahmed and Rooshan Aziz still left their work opportunities in strategy consulting and financial commitment banking in London previously this calendar year in purchase to uncovered a cell-only education system startup, Maqsad, in Pakistan, with a aim “to make education and learning extra accessible to 100 million Pakistani pupils.” Obtaining grown up in Karachi, childhood good friends Ahmed and Aziz are conscious of the troubles about the Pakistani training method, which is notably even worse for those not dwelling in substantial city spots (the nation’s scholar-teacher ratio is 44:1). Pakistani young children are considerably less likely to go to faculty for just about every kilometer of distance involving university and…
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