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India, November 18th, 2021: With schools being shut, students have explored different ways to keep their creative juices flowing and used the available resources to stay engaged, inspired, and motivated. As part of its Children Day initiative, <a href="https://www.vedantu.com/">Vedantu-</a> a pioneer in LIVE online learning has partnered with visual communications platform, <a href="https://www.canva.com/">Canva</a>, to launch a first-of-its-kind Design Challenge in India, with a design bootcamp to educate school students on the essentials of creativity and design thinking. The design bootcamp sessions will be conducted by experts from <keyword id="3098118" type="General" weightage="20" keywordseo="canva" source="Orion">Canva</keyword> and <keyword id="2016957" type="General" weightage="20" keywordseo="vedantu" source="Orion">Vedantu</keyword> Master Teachers. With this collaboration, Vedantu aspires to celebrate the creativity, curiosity and exploration of children and teachers across the country. Since the pandemic, LIVE online learning has seen a massive adoption. Teachers have also gone above and beyond their duty to conduct classes through different mediums available. They have emerged as digital content creators and EdTech professionals who are experts in mentoring students in an online teaching space. <div type="ExtQuote" text="We strive to provide the best-in-class education and opportunities to our students that are beyond academics. Through this partnership with Canva, we will further our vision of unleashing the potential in every child. This will enable us to provide our students access to a platform to fuel their creative minds and we are thrilled to explore this. We will continue to innovate to reach as many students as possible and create better experiences and outcomes for every child across the country" auname="Pulkit Jain, Co-founder &amp; head of new initiatives, Vedantu"></div> <div type="ExtQuote" text="We’re excited to partner with Vedantu to inspire creativity, design, and visual thinking in students across a range of ages. Our mission is to democratise design and empower everyone to create and we look forward to seeing the Design Challenge unlock all types of creativity" auname="Zach Kitschke, CMO, Canva"></div> The theme for the first edition of the Design Challenge is #GoingBacktoSchool and is open to all students across the age group of 6-18 years. The challenge will ask r students to create an artwork on Canva that truly resonates with the theme. Students are required to submit a design which focuses on what is so special about #GoingBackToSchool for them, with the templates available on Canva for Education. The artwork created by students will be judged under three categories - <ul><li>Group 1: Junior School (Grades 2nd- 5th) - students to create a poster or invite</li><li>Group 2: Middle School (Grades 6th-8th) - students to create an infographic or a newsletter</li><li>Group 3: High School (Grades 9th-12th) - students to create a video or presentation</li></ul><cmsannotation type="cmsannotation" annotationid="Competition Schedule to keep in mind:" comment="subhead" text="Competition Schedule to keep in mind:">Competition Schedule to keep in mind:</cmsannotation> <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Date </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Activity </td></tr><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">14th November </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Registrations &amp; submissions open </td></tr><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">14 - 26th November </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Registrations for Vedantu Masterclass </td></tr><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">27th November </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Commencement of Vedantu Masterclass on Creativity and Digital Art <ul><li>Grades 2-5 - <a href="https://vdnt.in/superschool37">https://vdnt.in/superschool37</a></li><li>Grades 6-8 - <a href="https://vdnt.in/superschool38">https://vdnt.in/superschool38</a></li><li>Grades 9-12 - <a href="https://vdnt.in/superschool39">https://vdnt.in/superschool39</a></li></ul></td></tr><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">30th November </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Deadline for Design Challenge submission </td></tr><tr><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">10th December </td><td style="border-width: 0.5pt; border-style: solid; border-color: rgb(0, 0, 0); vertical-align: top; padding: 0pt 5.4pt; overflow: hidden; overflow-wrap: break-word;">Announcement of winners </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>*Students under the age of 13 years must have their entries submitted by a teacher or a parent. <cmsannotation type="cmsannotation" annotationid="How can students participate in the Design Challenge?" comment="subhead" text="How can students participate in the Design Challenge?">How can students participate in the Design Challenge?</cmsannotation> <ul><li>Students can visit <a href="http://canva.com/">Canva.c</a>om and create an account using their own or their parent's email address</li><li>Choose from the multiple templates available for Posters, Infographics, Presentations, Cards, and other suggested formats</li><li>Create their artwork on the theme #GoingBacktoSchool</li><li>If a student is under 13 years, we encourage them to share their Canva design link with a teacher or parent and ask them to submit the design. Students 13 years and above can directly submit their design link in the Application Form.</li><li>Students are reminded to write a few lines about their artwork, what it means to them and how it links back to the theme.</li></ul>For further information, please click- <a href="https://www.canva.com/competitions/india-creativity-challenge/">https://www.canva.com/competitions/india-creativity-challenge/</a> <cmsannotation type="cmsannotation" annotationid="About Canva:" comment="subhead" text="About Canva:">About Canva:</cmsannotation> Launched in 2013, Canva is a free online visual communications and collaboration platform with a mission to empower everyone in the world to design. Featuring a simple drag-and-drop user interface and a vast range of templates ranging from presentations, social media graphics, posters, apparel to videos, plus a huge library of fonts, stock photography, illustrations, video footage, and audio clips, anyone can take an idea and create something beautiful. Canva is available on desktop, web, iOS, and Android. <cmsannotation type="cmsannotation" annotationid="About Vedantu:" comment="subhead" text="About Vedantu:">About Vedantu:</cmsannotation> Vedantu, a pioneer in LIVE online learning in India. It offers individual and group classes across K-12 and test preparation segments. Students can take individual or group classes on its APP or website online. Classes are delivered in a LIVE Real-time, interactive ONLINE learning environment. Students &amp; parents can access free content, LIVE masterclasses across subjects, micro-courses, and daily assessments. 1 million+ students attend LIVE classes every month on the platform and more than 35 million users every month from 10,000+ cities and 50+ countries access free content, tests, doubts, videos on Vedantu's platform, and its channels on YouTube. To know more about Vedantu log on to <a href="https://www.vedantu.com/">https://www.vedantu.com</a> or download the application on your Android or iOS devices. For media queries: Khushboo Mehra | <a href="mailto:Khushboo@timesbridge.com">Khushboo@timesbridge.com</a> | +91 9871226459 Disclaimer: This post is in partnership with Canva

Canva and Vedantu partner for a first-of-its-kind Design Challenge to unleash creativity in students

Users’ Choice Awards 2019 has gone live now on Google Play and it is time to vote for your <keyword id="8353605" type="UNKNOWN" weightage="20" keywordseo="favorite-app">favorite app</keyword> that was launched on the Play Store this year. Voting will close on November 25 and the list of winners will be out on December 3, 2019. The list of apps nominated by Google for the contest are country specific. During the last quarter of 2019, app makers are curious to name their ‘Best of 2019’ creations. In 2018, Google Play announced a ‘Fan Favorite’ category asking users to vote for their favorite apps and games published on the platform. This idea is picking up now and has been reinvented this year under the title User Choice 2019 Awards. While the contest covers four categories namely apps, movies, games and books, you can have a look at the apps that are listed out for the contest. Apps nominated for Users’ Choice Awards 2019 contest <ol><li>Live Line &amp; Cricket Scores</li><li>OKCredit – Udhar Bahi Khata</li><li>Spotify: Listen to new music</li><li>Hike Sticker Chat – Introducing</li><li>Vedantu: Learning App</li><li>Video Editor Glitch Video</li><li>Enlight Pixaloop Photo Animator</li><li>Work From Home, Earn</li><li>Shilpa Shetty – Fitness</li><li>Ablo: Talk to new people and explore</li></ol>Overview of the apps nominated for <keyword id="8353198" type="UNKNOWN" weightage="20" keywordseo="google-play-users">Google Play Users</keyword>’ Choice Awards 2019 1. Live Line &amp; Cricket Scores A kind of cricket exchange, you will learn fast live cricket scores combined with accurate odds and session. There can be no better way to keep in touch with cricket if it is your favorite game. The app covers all international, league, ODI, T20, Test Matches and Woman cricket. 2. OKCredit – Udhar Bahi Khata A fantastic and highly useful credit account management app for shop owners and their customers. This is an ideal app suitable for recharge and mobile shops, paan shops, medical stores, bakery, juice shops, grocery stores and other businesses that sell on credit. 3. Spotify: Listen to new music This app lets you play millions of songs for free. You can also listen to live music from all over the world. The interesting features include creating your own playlists, sharing playlists, finding music suitable for any activity and mood, and searching for your favorite song, artist or podcast. 4. Hike Sticker Chat – Introducing The app lets you take selfie and feature you in more than 100 stickers and in any of the 7 regional languages besides Hindi and English. You can choose from more than 1000+ hairstyles, facials, local clothing and nose pins. 5. Vedantu: Learning App This is a very popular learning platform that provides more than 1 million live hours and 2.2 million students enrolled from over 30 countries. The app provides personalized education to students from different boards from classes 6 to 12. 6. Video Editor Glitch Video The most stylistic video editor, you can achieve stunning video effects. The app lets you distort video in several artistic ways using the glitch video editor. You can also innovate a lot with several interesting tools, filters, and 3D features. 7. Enlight Pixaloop Photo Animator The app lets you bring your photos to life in very few taps. Just from a flicker of flame to cascading waterfalls, you can give vent to your creative abilities in endless ways. You can add arrows to add movement and opt for your own speed and control it with anchors. 8. Work From Home, Earn and resell with meesho app This is one of the best work from home online job app. Deemed as the best earn money app for android, you can get into selling within minutes without any investment. You sell a wide range of commodities on your own social media groups and earn commissions. 9. Shilpa Shetty – Fitness The app focuses on yoga routines to let you focus on your health and maintain a healthy balance in life with programs for weight loss, improving flexibility, strengthening muscles, and tone up legs and arms. 10. Ablo: Talk to new people and explore the world You can say hello and meet new friends on the way all along your journey. This is a rare app to discover the human and cultural diversity across the world and get inspired by others’ lifestyles.

vote for your favorite app at Google Play users’ choice awards 2019 contest

<ul><li>With consumer interest at the core of the consortium, the <keyword id="1464841" type="General" weightage="100" keywordseo="edtech" source="Orion">EdTech</keyword> companies have committed to observe and adhere to a common ‘Code of Conduct.’</li><li>It would establish a Two-tier Grievance Redressal Mechanism to ensure that the positive impact of the industry reaches every deserving consumer while protecting their interests and promoting their rights.</li></ul> Leading EdTech companies under the aegis of <keyword id="128625" type="General" weightage="20" keywordseo="Internet-and-Mobile-Association-of-India" source="Orion">Internet and Mobile Association of India</keyword> (<keyword id="149966" type="General" weightage="20" keywordseo="IAMAI" source="Orion">IAMAI</keyword>) today announced the formation of the India <keyword id="12934640" type="General" weightage="20" keywordseo="EdTech-Consortium" source="Orion">EdTech Consortium</keyword> (IEC). Aligned with the Government’s recent advisory, the IEC will ensure that every learner shall have access to quality and affordable education, which not only improves their academic performance but also makes them future-ready. With consumer interest at the core of the consortium, the EdTech companies have committed to observe and adhere to a common ‘Code of Conduct’ and establish a Two-tier Grievance Redressal Mechanism to ensure that the positive impact of the industry reaches every deserving consumer while protecting their interests and promoting their rights. Several EdTech entities have joined the IEC such as such as Byju’s, Careers 360,Classplus, Doubtnut, Great Learning, Harappa, Times Edutech &amp; Events Ltd, Scaler, Simplilearn, Toppr, Unacademy, upGrad, UNext Learning, Vedantu &amp; WhiteHat Jr. The move to set up IEC comes at a time when Indian EdTech players are creating immense value for the global audience. The disruptions led by the pandemic and subsequent lockdowns compelled both parents and educational institutions to implement tech-enabled learning solutions, thereby accelerating the growth of the EdTech sector. Indian EdTech operators have been solving for accessibility and affordability through quality courses from best teachers, instructors and faculty members, to ensure that students across all age groups are benefiting from the innovation in the education sector. This has elevated India’s position on the global map as an education hub. The overall Indian EdTech ecosystem impacts over 500M+ school students, college students and working professionals across India. At this scale, it is critical that the ecosystem follows a framework that will protect the rights of our learners and all EdTech companies are committed to this. Subho Ray, President, Internet and Mobile Association of India, said: “IAMAI and members of the India EdTech Consortium (IEC) are deeply committed to ensuring ethical standards to protect learners on online educational platforms. IEC seeks to empower the learners by not just helping them make informed decisions but by also having their grievances redressed timely. The formation of this self-regulatory body is an important step towards protecting learners as more and more students, teachers and stakeholders are becoming a part of the online education ecosystem.” Commenting on the formation of the IEC, Divya Gokulnath, Co- founder of Byju’s said, “We are completely aligned with the Government's principles on safeguarding consumer interests and welcome the creation of guidelines that help students reach their learning goals in a manner that makes them future ready and conceptually strong. We have always believed that the student should be at the center of the education system and as educators we must do everything possible to create the right set of processes and methods to empower and enhance their learning." Vamsi Krishna, Co-Founder &amp; CEO, Vedantu, said, “The Indian EdTech sector has grown considerably over the last two years with funding and consolidations strengthening the ecosystem. However, while business growth is critical, so is consumer protection since this will allow students and parents to make more informed decisions about the future. Therefore, as part of the newly institutionalized IEC, we will build a sounder and more ethical ecosystem for students so that we can ensure their safety and mitigate any risks they may encounter in their journey to be future-ready.” Mayank Kumar, Co-Founder &amp; MD upGrad and Co-Chairperson, IAMAI EdTech Committee, said, “We are honored to be a part of the IEC at a time when the EdTech sector is accelerating its growth momentum. The last two years have witnessed the rise of online education as a connecting bridge to access flexible and quality education for students as well as working professionals. With the sole purpose of improving the delivery of education services, it is now crucial for us to foster and sustain stakeholder trust by safeguarding their interest as a practice. This initiative will go a long way in strengthening the EdTech sector and establishing India as the Teaching capital of the world.” In the recent past, the education sector has undergone significant transformation and EdTech has supplemented in driving new-age academic excellence. Having created a significant impact by offering quality and affordable education services, EdTech entities have also improved learnability &amp; employability for users to address the evolving needs of the job market. The adaptive learning solutions have ensured that learners are not merely ‘knowledge receivers’ but ‘knowledge creators’ as well. The sector has also created large number of employment opportunities. However, as the sector and end users grow at a fast pace, it is critical to establish a standard code of conduct for all Indian EdTech entities to adhere to and ensure that ‘learners’ remain at the core of all the business practices.

IAMAI establishes India EdTech Consortium to uphold Code of Conduct by  EdTech Platforms

<ul><li>BYJU's is an <keyword id="1464841" type="General" weightage="20" keywordseo="edtech" source="Orion">edtech</keyword> platform founded in 2015 with a current valuation of $22 billion. </li><li>Management of the edtech platform says cost-cutting is being done to “achieve overall profitability by March 2023”. </li><li>Many edtech firms have resorted to layoffs this year. </li></ul>Indian edtech decacorn BYJU's announced yesterday that it has laid off 2,500 employees as it has consolidated the many platforms it has acquired – like Toppr, Meritnation, <keyword id="192259" type="General" weightage="50" keywordseo="tutorvista" source="Orion">TutorVista</keyword>, Scholar and HashLearn. This move, the company said, is a way to avoid redundancies in job roles and the layoffs constitute 5% of its workforce. “These measures will help us achieve profitability in the defined time frame of March 2023," said Mrinal Mohit, CEO, BYJU'S India business. As per the audited FY21 financials that it released last month after an 18-month delay, its losses widened by 20 times to ₹4,589 crore. In the last three years, the company has been on an acquisition spree. Its biggest one so far is that of offline test preparatory services provider Aakash for $1 billion in 2021. The payments to PE major Blackstone, which owned 38% in Aakash, were eventually <a href="https://www.thehindu.com/business/byjus-clears-230-million-dues-to-blackstone-for-aakash-acquisition/article65931486.ece">cleared by the company, albeit after delays</a>. It has also purchased Singapore-based <keyword id="6559242" type="General" weightage="50" keywordseo="great-learning" source="Orion">Great Learning</keyword> for $600 million in 2021. Both these entities will function independently, <keyword id="3320944" type="General" weightage="100" keywordseo="byjus" source="Orion">Byjus</keyword> had said. Edtechs in trouble This year, many edtech companies have been suffering from loss of clientele after offline classes have commenced and screen fatigue. Since July this year, many edtech companies like Unacademy and Vedantu have been laying off <a href="https://www.businessinsider.in/business/startups/news/60000-jobs-in-startup-companies-may-lose-their-jobs-this-year-in-india-experts-say/amp_articleshow/91804572.cms">employees</a>. Byju’s which has by then also made its presence felt in offline coaching, is also known to have gone down the same path. As per reports, <a href="https://www.business-standard.com/article/companies/byju-s-owned-whitehat-jr-lays-off-300-employees-in-latest-round-of-job-cuts-122062900323_1.html">WhiteHat Jr, owned by Byju's</a>, laid off around 300 employees in June from the code-teaching and sales teams. However, various <a href="https://www.news18.com/news/business/byjus-lays-off-over-2500-employees-in-toppr-and-whitehat-jr-to-cut-costs-5463853.html">media reports have pegged the layoff </a>number between 1,500-2,500. The company vehemently denied the numbers, but did admit to retrenchments. “To recalibrate our business priorities and accelerate our long-term growth, we are optimizing our teams across our group companies. This entire exercise involves less than 500 employees from across Byju's group companies,” the company spokesperson said after denying the 2,500 layoff number. In good shape says management The edtech giant, which is valued at around $22 billion and is the first edtech unicorn in India has also been under scrutiny for various reasons. The company management however insists that it is in good shape. <keyword id="5563078" type="General" weightage="50" keywordseo="divya-gokulnath" source="Orion">Divya Gokulnath</keyword>, the company’s co-founder also came out in defense of the company saying that a lot has happened since its FY21 results and its widened losses have already been cut by half in FY22. “It’s easy to forget that we are 18 months post FY21, and that BYJU’S has grown more than 4 times in this span,” she wrote in an open letter on LinkedIn. For this year, the company has set a target to achieve $2 billion in revenues. The company founder has stated time <a href="https://www.business-standard.com/article/companies/byju-s-focusing-on-profitable-growth-2-bn-revenue-within-the-sights-ceo-122092001266_1.html">and again that this</a> “revenue within sight”. On the other end of the spectrum, <a href="https://www.bbc.com/news/world-asia-india-58951449">Byju’s users have been complaining </a>about aggressive sales tactics and its effects on learning abilities. Moreover, a few of its employees too <a href="https://twitter.com/malpani/status/1379826997598121987?lang=en">publicly spoke of its</a> high-pressure tactics and practices that’s turned almost exploitative to Indian parents who place a lot of value on their children’s education. SEE ALSO: <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/news/investments-in-real-estate-touched-3-6-billion-in-jan-sep-period-colliers/articleshow/94833113.cms">Investments in real estate touched $3.6 billion in Jan-Sep period: Colliers</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/corporates/news/it-cos-go-slow-on-hiring-despite-high-attrition-rates-hiring-down-57-in-q2/articleshow/94832706.cms">IT cos go slow on hiring despite high attrition rates, hiring down 57% in Q2</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/news/elon-musk-jokes-he-is-selling-perfumes-to-fund-twitter-acquisition/articleshow/94832660.cms">Elon Musk jokes he is selling ‘Burnt Hair’ perfumes to fund Twitter acquisition, changes bio to “Perfume Salesman” as sales cross 20,000</a>

The many troubles at BYJU’s that goes beyond the recent layoffs

<ul><li>Starting October, users will need to re-authenticate their net banking/card/unified <keyword id="6359540" type="General" weightage="20" keywordseo="payments" source="Orion">payments</keyword> interface (UPI) details as per the new format, and validate it with a one-time password, to continue their <keyword id="7567986" type="General" weightage="20" keywordseo="auto-debit" source="Orion">auto-debit</keyword> transactions.</li><li>The development comes as <keyword id="30067" type="General" weightage="20" keywordseo="rbi" source="Orion">RBI</keyword> introduced an additional factor of authentication for all <keyword id="8009153" type="General" weightage="20" keywordseo="recurring-transactions" source="Orion">recurring transactions</keyword> in August 2019.</li><li>Even as the RBI’s new guidelines help make payments more secure for customers, there are likely to be short-term challenges as banks will see a sudden rise in authenticating e-mandates.</li></ul> As the Reserve Bank of India’s (RBI) guidelines for auto-debit transactions kick-in from October 1, those having online subscriptions, or other recurring payments such as phone bills, utility bills and rent are likely to face short-term pain as the banking regulator looks to impose <keyword id="1592017" type="General" weightage="20" keywordseo="two-factor-authentication" source="Orion">two-factor authentication</keyword> on all such transactions. <cmsannotation type="cmsannotation" annotationid="Here’s what will change" comment="subhead" text="Here’s what will change">Here’s what will change</cmsannotation> Starting October, users will need to re-authenticate their net banking/card/unified payments interface (UPI) details as per the new format, and validate it with a one-time password, on all such platforms to continue their auto-debit transactions below ₹5,000. Whereas all transactions above ₹5,000 will require a further additional link for authentication, as they are not eligible for e-mandate-based recurring transactions. <cmsannotation type="cmsannotation" annotationid="Why the change?" comment="subhead" text="Why the change?">Why the change?</cmsannotation> The development comes as RBI introduced an additional factor of authentication for all recurring transactions in August 2019. The <a href="https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11668">guidelines </a>require users to opt for an e-mandate facility through a one-time registration process, which can only be successful once the user validates using an OTP, besides entering their bank/card/UPI details. Users will also get an option to pause, modify or cancel their recurring transactions. <cmsannotation type="cmsannotation" annotationid="How will it work?" comment="subhead" text="How will it work?">How will it work?</cmsannotation> An e-mandate is a standing instruction initiated by the RBI and the National Payments Corporation of India (NPCI) that allows businesses to collect recurring payments of up to ₹5,000. These mandates can be directly set up through a net banking transaction from merchant websites. For example, if a user is signing up for a <keyword id="128682" type="General" weightage="20" keywordseo="netflix" source="Orion">Netflix</keyword> subscription via an e-mandate, he or she can schedule all monthly payments through a one-time authentication. <div type="image" title="From Oct, what will change" msid="86655011" hostid="261"></div> <cmsannotation type="cmsannotation" annotationid="What experts say?" comment="subhead" text="What experts say?">What experts say?</cmsannotation> What this essentially means is that one will have to re-authenticate all their subscriptions and recurring payments once again starting October, without which the payment to the merchant (say, Netflix) will fail, said Mandar Kagade, founder and principal at Black Dot Public Policy Advisors. “The onus of re-authentication and grievance redressal falls on issuing banks, which would need to have their systems prepared as customers may see failed payments or issues with authentication via OTPs. Since so many e-mandates would need to be set up on the same day, it is likely that we will see a non-trivial number of failures,” he said. Even as the RBI’s new guidelines help make payments more secure for customers, there are likely to be short-term challenges as banks will see a sudden rise in authenticating e-mandates, said Srinath Sridharan, member of governance council at Fintech Association for Consumer Empowerment (FACE). “October is going to be a critical month because there will be multi-fold challenges in processing such payments, starting from the tremendous pressure on bank servers due to spike in bulk OTP messages, which would need to be sent to consumers for setting up their e-mandates, to addressing disputes emanating from failures in such authentication,” he said. Further, banks will increasingly need to depend on fintech companies to help them handle such large volumes of e-mandates that will come through October, he said. “Most banks will have to depend on fintech companies to make this processing possible, which are much better equipped to assist banks in processing e-mandates for recurring transactions,” he said. <cmsannotation type="cmsannotation" annotationid="If not manually, how else can I set up e-mandates for all my recurring payments?" comment="subhead" text="If not manually, how else can I set up e-mandates for all my recurring payments?">If not manually, how else can I set up e-mandates for all my recurring payments?</cmsannotation> Customers who do not want to make all their recurring payments manually can either set up auto-pay using the net banking facility, or do it through online <keyword id="6420963" type="General" weightage="20" keywordseo="bill-payment" source="Orion">bill payment</keyword> companies. Fintech companies such as BillDesk, Citibank’s Billpay, ICICI Bank’s Mandate Hub and Yes Bank’s PayNow allow users to set up auto-pay e-mandates, while others such as PayU's Zion and Razorpay’s Mandate HQ enable banks to automate recurring transactions. <cmsannotation type="cmsannotation" annotationid="More pain for banks and telecom operators" comment="subhead" text="More pain for banks and telecom operators">More pain for banks and telecom operators</cmsannotation> “The usual retail consumer traffic increases over the weekend, which means every time a customer tries to re-authenticate their recurring payment, the bank will have to send out OTPs, and those banks that are not well-equipped or have not adequately invested in integrating their servers, will face a lot of challenges,” said Sridharan. In March, the Telecom Regulatory Authority of India (TRAI) had to roll back its norms on commercial text messages, which required ‘scrubbing’ of text messages by telecom providers, to protect customers from spams. However, once implemented, many customers took to social media to complain about not receiving OTPs for transactional messages such as for banking and e-commerce. “As each of these banks start pushing out bulk messages, the traffic from bank servers to authenticate transactions will suddenly increase. Hopefully, the user banks are ready with technology preparedness and SoPs (standard operating procedures) for this. And more importantly, all industry stakeholders should be geared to address consumer concerns, and to ensure that the customer call centres and other touch points are ready for handling both queries and speedy redressal of grievances,” said Sridharan. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/meesho-raises-more-than-half-a-billion-dollars-in-the-fourth-biggest-funding-round-this-year/articleshow/86636161.cms">Meesho raises more than half a billion dollars in the fourth biggest funding round this year</a> <a href="https://www.businessinsider.in/business/startups/news/vedantu-the-last-and-biggest-rival-of-byjus-has-finally-entered-the-unicorn-club/articleshow/86614637.cms">Vedantu, the last and biggest rival of Byju’s, has finally entered the unicorn club</a> <a href="https://www.businessinsider.in/stock-market/news/tata-powers-stock-gains-on-transformation-towards-renewable-energy/articleshow/86640268.cms">Tata Power wants to break up with coal and investors love it</a>

From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1

<ul><li><keyword id="11618280" type="UNKNOWN" weightage="20" keywordseo="birla-brainiacs">Birla Brainiacs</keyword> is looking to raise $5-10 million in an external round of funding and is in talks with investors, according to the founder of the company.</li><li>The e-learning startup, which was launched last year in April, is also planning to hire 1500 teachers in the next two years.</li><li>A report by PGA Labs and IVCA says that India’s education sector is poised to grow from the current $117 billion to $225 billion in FY25.</li></ul>Mumbai-based edtech startup Birla Brainiacs is looking to raise $5-10 million in an external round of funding and is in talks with investors, according to the founder of the company. <keyword id="6623023" type="UNKNOWN" weightage="20" keywordseo="nirvaan-birla">Nirvaan Birla</keyword> — the founder of the startup who is the son of Yashovardhan Birla, the chairman of the Yash Birla group — said that the company is in “the market for funding” and that it has appointed an investment agency for the fund raise. He did not reveal an exact timeline on the closing of the funding round. He also said that the startup has “approached a couple of investors” without disclosing further details. The e-learning startup, which was launched last year in April, is also planning to hire 1500 teachers in the next two years, according to Birla. “In the next two years we plan to hire 1000 plus teachers actually only for the tuition segment. Other than that we will be recruiting 100-200 teachers for other courses as well. Total 1500 teachers will be hired in the next two years,” Birla added. At present it has around 50 staff members onboard with a mix of research and development, subject heads and experts, counsellors, and sales and marketing teams. The platform caters to the needs of students from grade 1 to 12 with live sessions, video content in the form of “Flip Tales” — using cartoons and action heroes to explain the concepts. Other than that, there are also added skill development courses like vedic maths, coding, and communicative English. Due to the global pandemic, some parents have been seemingly expressing their concerns for the safety of their children while sending them to tuition centres. “The idea behind this is to give them the holistic platform on which they can not only progress academically, but also completely replace the needs of tuitions, because I believe after they take the app they don’t need tuitions,” Birla told Business Insider over a phone call. Birla Brainiacs, which was incorporated in July 2019, is registered as Birla Brainiacs LLP. It is a partnership firm with two designated partners — Nirvaan Birla and Narrindraa Mohan Shetty. He told Business Insider that the company, which initially got funded by his sister company, is now looking at an acquisition of a gamification company or a tie-up with them. Birla said he is already in talks with an Australian company, which is in the preschool space, for the same. He did not reveal the name of the firm. The Yash Birla group has been at the centre of a storm in the not-so-distant past. Yash Birla, who runs the Yash Birla Group, was declared a wilful <a href="https://www.livemint.com/news/india/uco-bank-declares-yashovardhan-birla-willful-defaulter-1560660742531.html">defaulter</a> by lender UCO bank with an outstanding dues of over ₹67 crores. During the pandemic-induced lockdown when all schools were shut, most school-going kids stayed at home and learned online. This gave birth to the demand for homeschooling. It is also known as home-education in which parents choose to educate their children at home only rather than sending them to schools. Homeschooling is still a relatively new concept in India. According to research done by the company, big cities like Pune, Mumbai and Hyderabad were the biggest markets for homeschooling. Birla Brainiacs claims to be the first edtech platform to introduce the concept of homeschooling. The homeschooling feature is available only till class 8, which includes all subjects along with development skill courses. When asked about what makes Birla Brainiacs different from other edtech players in the market, he said that, “If you look at other edtech players, they either teach in huge masses where they have one teacher over 100-200 students together or they have one teacher over a student... where one teacher teaches only one child at a time. It’s not a two way interactive class. It's more like pre-recorded classes where the teacher is mainly talking.” It is through collaborative learning style and using Flip Tales for video content that Birla Brainiacs is trying to stand out from other edtech biggies like Byju’s, Vedantu, Unacademy and so on. However, the startup is still a newbie in the edtech sector and still has to go a long way to survive amidst cut-throat competition. Birla Brainiacs currently has around 5,000 paid users out of which 2,000 users have subscribed to the basic package. The company claims that they add close to 2,000 paid users every month and now are targeting 5,000 paid users from next month onwards. “In the next 3-5 years, we’re looking [at a] turnover of ₹4-5 hundred crores and in terms of revenue [growth of] around 50-60% year on year, and we are planning to reach around 10 lakh paid users in the next 3-5 years,” says Birla. Birla also told Business Insider about his plans to get the company listed in the future. “Once we hit our 5 year target turnover and 10,00,000 users… we could probably look to get into [an] IPO,” he added. India stands second after the United States in the number of edtech startups, according to an <a href="https://community.nasscom.in/communities/product-startups/india-and-edtech-a-post-pandemic-potential-growth-story.html">Inc42 analysis</a>. A report by PGA Labs and Indian Private Equity and Venture Capital Association (IVCA) says that India’s <a href="https://www.businessinsider.in/business/startups/news/india-edtech-in-charts-how-the-shift-to-online-learning-meant-money-valuation-and-users-for-the-likes-of-byjus-unacademy-and-others/articleshow/80040270.cms">education sector</a> is poised to grow from the current $117 billion to $225 billion in FY25. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/travel/news/indians-planning-to-travel-more-as-covid-19-restrictions-relaxed-in-many-states/articleshow/83867486.cms">Indians are making big plans of ‘revenge travel’ as COVID-19 restrictions get lifted in many states</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/if-you-want-to-work-from-home-these-are-some-of-the-hottest-freelancing-jobs-in-high-demand/articleshow/81228585.cms">If you want to work from home, these are some of the hottest freelancing jobs in high demand</a>

Nirvaan Birla’s edtech startup Birla Brainiacs plans to raise up to $10 million, to hire 1500 teachers in the next two years

<ul><li>College students who want to take up a job after their graduation can go for part time roles or internships.</li><li>Around <a href="https://www.moneycontrol.com/news/business/economy/covid-19-job-impact-which-sectors-lost-the-most-people-and-which-ones-hired-the-most-in-2020-6334431.html">10.9 million people</a> lost their jobs during COVID-19 pandemic in India in both the formal and informal sector and many are still struggling to find a job.</li><li>Here are one of the most suitable work-from-home part-time jobs which are in huge demand.</li></ul>Part-time jobs can be easy going and is obviously an excellent way to earn a little extra income. College students who want to take up a job after their graduation can go for part time roles or internships. According to internship and training platform Internshala, <a href="https://www.educationtimes.com/article/job-trends-market-mantra/82259096/students-opting-for-work-from-home-internship-amid-covid#:~:text=Sarvesh%20Agarwal%2C%20CEO%20%2C%20Internshala.,tally%20with%2037%25%20interns.%22">76% students who enrolled for internships chose work-from-home </a>option in 2020 in India. It helps in refining your interpersonal skills, building a professional network and gives your CV an edge before going for a full time job. Around <a href="https://www.moneycontrol.com/news/business/economy/covid-19-job-impact-which-sectors-lost-the-most-people-and-which-ones-hired-the-most-in-2020-6334431.html">10.9 million people</a> lost their jobs during COVID-19 pandemic in India in both the formal and informal sector and many are still struggling to find a job. It is a great opportunity for those people, as well, to at least survive this pandemic. These <keyword id="-776" type="UNKNOWN" weightage="20" keywordseo="part-time-jobs">part time jobs</keyword> can give you some amount of stable income in these tough times. These are one of the most suitable work-from-home part-time jobs which are in huge demand — <ol><li>Writing/Editing </li></ol> <div type="image" title="Writing/Editing" msid="82450503" hostid="261"></div><keyword id="123591" type="PERSON" weightage="20" keywordseo="Work-from-home">Work from home</keyword> writers can start with online writing jobs. According to Glassdoor, a freelance or home-based writer can expect to earn around ₹16,000 in a month based on the number of projects and experience. Skills required: Researching skills, originality, knowledge of search engine optimisation. Where to find work: <a href="https://www.fiverr.com/">Fiverr</a>, <a href="https://www.upwork.com/">Upwork</a>, <a href="https://www.freelancer.in/">Freelancer</a>, <a href="https://www.guru.com/">Guru</a> <a href="https://www.guru.com/"></a>2. Online/Offline Teaching <div type="image" title="Online teaching" msid="82450482" hostid="261"></div> Teaching is one of the best options as it gives you the benefit of choosing your own flexible time and also adds the advantage of charging an hourly fee. You can choose the mode of teaching and your subject. Skills required: Communication skills, patience, subject expertise Where to find work: <a href="https://www.cambly.com/english?lang=en">Cambly</a>, <a href="https://www.whitehatjr.com/teacher">Whitehat Jr</a>., <a href="https://www.cuemath.com/teach/how-can-i-become-a-cuemath-teacher/">Cuemath</a>, <a href="https://www.vedantu.com/become-a-teacher">Vedantu</a> <a href="https://www.vedantu.com/become-a-teacher"></a>3. Data entry <div type="image" title="Data Entry" msid="82450467" hostid="261"></div> Data entry requires a sharp focus, as a lot effective handling is required for large amounts of data. The employer will give you all the information and you can work at your own pace. According to Glassdoor, a home-based data entry operator can earn around ₹16,000 - ₹30,000 per month. Skills required: Proficiency in typing and transcription, accuracy and attention to detail. Where to apply: <a href="https://in.linkedin.com/jobs/data-entry-from-home-jobs?position=1&amp;pageNum=0">LinkedIn</a>, <a href="https://www.quikr.com/jobs/data-entry-back-office+delhi+zwqxj284607247">Quikr</a>, <a href="https://www.quikr.com/jobs/data-entry-back-office+delhi+zwqxj284607247">Upwork</a> 4. Blogging <div type="image" title="Blogging" msid="82450449" hostid="261"></div> Blogging requires a lot of dedication and persistence and has to be eye-catchy to increase the viewership. You can choose beats of your own choice like fashion, food, travel etc. Vlog and microblogging are becoming more popular these days. A blogger earns on the basis of clicks, ads received and affiliate marketing. Skills required: social Networking, marketing, photo editing, writing 5. Graphic Designer <div type="image" title="Graphic Designer" msid="82450441" hostid="261"></div> Graphic designers tend to be creative and should have a flair in designing visuals and elements. According to Glassdoor, a freelance graphic designer can earn around ₹20,000- ₹50,000 depending on the number of projects and experience. Skills required: designing, photo-editing software, accuracy, attention to detail. Where to find work: <a href="https://www.simplyhired.co.in/search?q=freelance+graphic+designer&amp;job=pYwaIi40VOFnIuYAoCeYRjDPzQwaBdmMUy7ibOV6BQ3DseUFd-4LXg">Simplyhired</a>, <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11">Indeed</a>, <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11" data-type="tilCustomLink">Upwork</a>. 6. Language translator <div type="image" title="Language translator" msid="82450415" hostid="261"></div> Home-based or freelance translators earn by number of pages which can vary from ₹50-₹100. Skills required: in-depth knowledge of any language, writing, meeting deadlines Where to find work: <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11">Freelancer</a>, <a href="https://www.upwork.com/freelance-jobs/translation/">Upwork</a>, Flexjobs . 7. Virtual assistant <div type="image" title="Virtual assistant" msid="82450410" hostid="261"></div> The role of a virtual assistant is to handle phone calls, emails, organise meetings, creating spreadsheets and documents. A home-based virtual assistant can expect to earn around ₹14,000-₹23,000 depending on the experience and the organisation. Skills required: communication skills, ability to multitask, attention to detail Where to find work: <a href="https://www.upwork.com/freelance-jobs/virtual-assistant/">Upwork</a>, <a href="https://in.linkedin.com/jobs/virtual-assistant-jobs?currentJobId=2532199247&amp;position=2&amp;pageNum=0">LinkedIn</a>, <a href="https://www.freelancer.in/jobs/virtual-assistant/">Freelancer</a> 8. Social media manager <div type="image" title="Social media Manager" msid="82450393" hostid="261"></div> If you are social media savvy, then this role is perfect for you. Social media managers have to build a community network for companies, manage marketing campaigns, design, create or manage ads and promotions on social media. According to upGrad, a social media executive can earn around ₹20,000-₹30,000 per month depending on the level of experience. Skills required: marketing techniques, communication skills, content writing. Where to find work: <a href="https://in.indeed.com/Work-From-Home-Social-Media-jobs-in-Delhi,-Delhi">Indeed</a>, <a href="https://www.glassdoor.co.in/Job/part-time-social-media-jobs-SRCH_KO0,22.htm">Glassdoor</a>, <a href="https://www.upwork.com/freelance-jobs/social-media/">Upwork</a> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/if-you-want-to-work-from-home-these-are-some-of-the-hottest-freelancing-jobs-in-high-demand/articleshow/81228585.cms">If you want to work from home, these are some of the hottest freelancing jobs in high demand</a> <a href="https://www.businessinsider.in/india/news/iit-delhi-graduates-started-an-online-fundraiser-for-oxygen-concentrators-in-madhya-pradesh/articleshow/82424505.cms">These IIT graduates started an online fundraiser for oxygen concentrators in a small district in Madhya Pradesh – they raised more than ₹47 lakhs in three days</a> <a href="https://www.businessinsider.in/stock-market/news/wazirx-users-dogecoin-cryptocurrency-report-failed-transactions-and-delays-in-orders/articleshow/82425709.cms">Dogecoin surge sends WazirX servers panting for help – users report failed transactions, delays in orders</a>

These are some exciting part-time work-from-home jobs you can do to earn a few extra bucks

<ul><li>Students are counting on online teaching for competitive exams — JEE, NEET, GATE, SSC and banking exams, showed a survey by education platform Gradeup. </li><li>Live classes enabled the students to interact with co-learners and teachers along with instant resolutions to their queries. </li><li>Online education industry is expected to hit 9.6 million by 2021 user base, which was 1.6 million in 2016, as per a KPMG report. </li></ul>Indian students seem to favour online training programmes over classroom coaching, thanks to live sessions and easy accessibility. Students are counting on <a href="https://www.business-standard.com/article/pti-stories/students-prefer-online-coaching-for-competitive-exams-than-offline-classes-survey-119062500448_1.html">online teaching for competitive exams</a> — JEE, NEET, GATE, SSC and banking exams, as per a survey by education platform Gradeup. As many as 90% of the respondents prefer to take <keyword id="4666000" type="PERSON" weightage="20" keywordseo="Online-Coaching">online coaching</keyword>. Uttar Pradesh, Andhra Pradesh and Telangana have the maximum share of students opting for them. This trend can be attributed to the growing participation in live sessions and recorded lectures, thereby making it convenient for students to study from home. "‘Gradeup Classroom - Live Classes’ has been able to bridge several gaps pertaining to students’ exam preparation, with measurable outcomes; expert teachers, structured study plans &amp; instant student-teacher interaction. This has enhanced the overall learning experience with more interactive learning," Shobhit Bhatnagar, Co-Founder, Gradeup told Business Insider. Live classes enabled students to interact with co-learners and teachers along with instant resolution to queries. In fact, nearly 20% of the students are willing to shell out more money to benefit from online sessions. "This has had a significant impact on students in Tier 3 and Tier 4 cities. While they may have limited access to coaching centers or find that the fees are out of reach, with online live classes, they now have access to the best teachers and courses wherever they are," Bhatnagar added. For instance, Vedantu, an online tutoring platform is working on providing a personalised experience to its students with the help of Artificial Intelligence tools. The platform has live teachers to explain concepts. “It’s like an audio-visual whiteboard which allows space for interactive learning and teaching at the same time,” Anand Prakash, Co-Founder <a href="https://www.thebetterindia.com/186160/iit-live-tutoring-jee-students-online-education/">told</a> The Better India. The larger picture Technology has revolutionized India’s education sector. “Students are using these self-learning applications along with their regular studies. Times are changing, so is the learning style of the kids,” Sangeeta Singh, Principal Delhi Public School <a href="https://www.tribuneindia.com/news/bathinda/trend-of-online-coaching-catches-fancy-of-students/790969.html">told</a> The Tribune. Online education platforms including <keyword id="1998561" type="PERSON" weightage="20" keywordseo="Internshala">Internshala</keyword>, Byju’s and Coursera have transformed the e-learning space in India. Overall, the user base of the online education industry is expected to hit 9.6 million by 2021, which was 1.6 million in 2016, as per a <a href="https://www.businessinsider.in/most-demanded-skiils-by-employers-in-india/articleshow/69085603.cms">KPMG report</a>. The scope of online training is not limited to school and competitive exam coachings. Given the need to adapt to the changing skill demand in the job market, online training has helped job seekers learn new skills. See also: <a href="https://www.businessinsider.in/most-demanded-skiils-by-employers-in-india/articleshow/69085603.cms">These are the most popular e-learning subjects for millenials</a> <a href="https://www.businessinsider.in/internships-in-india-on-the-rise-with-startups-leading-the-way/articleshow/67655265.cms">India sees steep rise in internships across different industries as young graduates seek more skills: survey</a>

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Canva and Vedantu partner for a first-of-its-kind Design Challenge to unleash creativity in students

BI India Partner

vote for your favorite app at Google Play users’ choice awards 2019 contest

BI India Bureau

IAMAI establishes India EdTech Consortium to uphold Code of Conduct by EdTech Platforms

BI India Partner

The many troubles at BYJU’s that goes beyond the recent layoffs

Eetika Kapoor

From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1

Ridhima Saxena

Nirvaan Birla’s edtech startup Birla Brainiacs plans to raise up to $10 million, to hire 1500 teachers in the next two years

Vaamanaa Sethi

These are some exciting part-time work-from-home jobs you can do to earn a few extra bucks

Vaamanaa Sethi

Indian students prefer online coaching to offline classes

Prerna Sindwani

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