⚡ Announcing HolonIQ's 2024 South Asia EdTech 100
The HolonIQ South Asia EdTech 100 spotlights the region’s most dynamic and innovative startups in learning, teaching, and upskilling.
👋 Good Morning,
The HolonIQ South Asia EdTech 100 spotlights this year's most promising EdTech startups across South Asia. This year, workforce and skills solutions stand out, reflecting the intensifying demand for skilled talent. Notable categories include professional certification providers like Virohan (health), Zell Education (finance), and NxtWave and CodersTrust (technology). Coaching, mentoring, and soft skills development solutions also feature prominently.
Three-quarters of the cohort operate a direct-to-consumer model, spanning segments from K12 learning apps such as Brightchamps and Creative Galileo to broader skill-building platforms. However, with only 15% of this year’s cohort being less than three years old, established players dominate the space, leaving limited room for new entrants.
Read the full article on our website and delve deeper into the trends shaping the future of education and workforce upskilling in the region. Customers can analyze the complete list on the platform here.
🚀 HolonIQ’s Annual Education Outlook 2025
Last week we launched the 2025 Global Education Outlook, an annual analysis of the global education economy, presenting over 180 pages of detailed market data, investment & analysis, strategic shifts, and trends in education. Purchase the Report.
💪 Power Moves
💰 Amazon has invested $110M in a generative AI research program called Build on Trainium. This program provides researchers access to powerful AI accelerators to develop new AI models and architectures.
👩🏻🏫 Ghana and Kenya are taking steps to improve teacher training. Ghana is aligning its programs with global standards, while Kenya is retraining 60K primary school teachers for a new curriculum for juniors-secondary education.
🩺 Trustwise, Health Innovation KSS, Hitachi Digital Services, and Further launched MedAssist GPT, an AI-powered tool for UK medical students. This tool provides real-time clinical guidance that is aligned with NICE guidelines and NHS formulary data.
💰 Funding
🏠 Homversity, a platform for student housing in India, has secured $1M in funding to expand its operations to offer a scalable student housing operator model and expand its operations within India’s student housing market.
🤖 Apoia, a Brazilian K12 AI-powered learning platform, raised $800K in funding to scale operations across Brazil and enhance its platform. It aims to reach 500K monthly active users by the end of 2025.
👩🏻🏫 Twinkl, a UK-based K12 teacher preparation and development platform, acquired Natterhub to integrate and expand its resources aimed at educating children on safe internet practices.
💻 PwC Middle East acquired Saudi Arabia-based Emkan Education, an education and skills development consultant firm, to expand PwC’s capabilities in delivering solutions for education reform, digital learning, and skills transformation in the region.
Thank you for reading. Have a great week ahead!
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