Online education is the next big thing for technology giant Naspers, judging from its recent investments. The company has announced a $30-million investment into Brainly, an online learning community for students, parents and teachers, along with two other funders.
Brainly’s “crowd learning” model combines online education, social media and machine learning, and is disrupting the education market on a global level. From 2018 to 2019 it has grown from 100 million to 150 million active monthly users.invested $383-million in Indian online tutorial start-up Byju’s, which develops online learning materials.
Naspers’ first investment in the EdTech space was in June 2016 when it invested $60-million in Udemy, an online learning marketplace for adults. The growth in the platform has been nothing short of extraordinary with 40 million students making the most of the 130,000 courses offered in more than 60 languages.
Source: News Formal (newsformal.com)
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