The platform is providing a holistic online solution for teachers, students, and parents. Over two decades ago, Educomp set out to change the entire education system in the country. Since then, it claims to have empowered over 30 million learners and educators across over 65,000 schools. While Educomp was continuing to overhaul the education ecosystem through its smart class programmes, the top leadership in the company realised that they needed to take education beyond the conventional classrooms. Now, instead of taking students to classrooms, they had to flip the normal course and take classrooms to students, beyond boundaries.
We focus a lot on the K-12 system of the United States in our blog, and I thought it would be fun and interesting to explore how countries in the developing world are facing their specific educational challenges with blended learning models. Not only do I think it is inspiring, but it may offer some context as to what giant gaps in funding and resources can be bridged with well-selected technology. When it comes to innovation and developing economies there are a lot of reports and studies that conclude with a large amounts of "shoulds" and "coulds". I have tried to focus instead on actual case studies demonstrating the success of e-learning models in these environments. One of the challenges, from an African perspective is Internet access, as well as consistent power.
Reliance is set to pick up a majority 72.69 percent stake in online education platform Embibe, which uses data analytics to deliver personalised learning outcomes to students. Reliance today agreed to invest the rupee equivalent of $180 million into Embibe, the Bengaluru-based AI education platform, over the next three years. A part of this will be towards acquiring a stake of 72.69 percent from Embibe's existing investors. The transaction is subject to customary closing conditions. This is one of the biggest transactions in the Indian education and deep technology space.
It is not a news that India has an acute shortage of teachers at elementary, secondary and even at the higher levels of schools. According to the statistics given by the Human Resource & Development (HRD)Ministry of India in 2016, there is a shortage of 1 million teachers across the country. In case of Universities and Colleges, there is a chronic shortage of faculty and the problem of finding qualified people to fill this gap has become even more complicated. In such a scenario, how can India, a country which has the second largest population in the world would cope-up with the challenges of providing quality education to all. Several education experts are saying that our system needs a revolutionary technological intervention.