Amazon.com Inc has launched an internet academy to coach college students for one in all India’s best school entrance exams, the e-commerce big mentioned on Wednesday, because it faucets a growth in digital studying through the COVID-19 pandemic.
“Amazon Academy”, out there as a web site and an Android smartphone app, will supply studying materials, reside lectures and assessments to assist college students put together for the Joint Entrance Examination (JEE), which permits entry into prime engineering faculties throughout India.
Content material on the platform is at the moment out there free and can stay free for “the following few months”, Amazon India mentioned in an announcement.
Annually, shut to 2 million aspirants to coveted undergraduate engineering programs take the government-run JEE, for which some take further lessons with non-public tutors. Lots of these tuition facilities have both moved on-line or shut through the pandemic.
India has seen a growth in on-line schooling, or ed-tech, a market which has solely expanded because the pandemic pressured faculties to shut.
The nation’s on-line schooling marketplace for grades 1 to 12 ought to increase six-fold to $1.7 billion by 2022, whereas the marketplace for college students past grade 12 is about to almost quadruple to $1.eight billion, consultancy RedSeer estimates.
Indian ed-tech startups together with Unacademy, Vedantu and market chief BYJU’s raised $2.22 billion in 2020, about 4 occasions the quantity raised a 12 months earlier, in response to the Indian Non-public Fairness and Enterprise Capital Affiliation and PGA Labs.
BYJU’s, backed by US funding agency Tiger International, and SoftBank-backed Unacademy raised essentially the most capital final 12 months, at $1.35 billion and $264 million, respectively.
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