Amazon India launches online academy to coach future engineers

Amazon India launches online academy to coach future engineers

BENGALURU

Amazon.com
Inc
has
launched
an
online
academy
to
train
students
for
one
of
India’s
most
competitive
college
entrance
tests,
the
e-commerce
giant
said
on
Wednesday,
as
it
taps
a
boom
in
virtual
learning
during
the
COVID-19
pandemic.

“Amazon
Academy”,
available
as
a
website
and
an
Android
smartphone
app,
will
offer
learning
material,
live
lectures
and
assessments
to
help
students
prepare
for
the
Joint
Entrance
Examination
(JEE),
which
allows
entry
into
top
engineering
schools
across
India.

Content
on
the
platform
is
currently
available
free
and
will
remain
free
for
“the
next
few
months”,
Amazon
India
said
in
a
statement.

Each
year,
close
to
two
million
aspirants
to
coveted
undergraduate
engineering
courses
take
the
government-run
JEE,
for
which
some
take
additional
classes
with
private
tutors.
Many
of
those
tuition
centers
have
either
moved
online
or
shut
during
the
pandemic.

India
has
seen
a
boom
in
online
education,
or
ed-tech,
a
market
which
has
only
expanded
as
the
pandemic
forced
schools
to
close.

The
country’s
online
education
market
for
grades
1
to
12
should
expand
six-fold
to
$1.7
billion
by
2022,
while
the
market
for
students
beyond
grade
12
is
set
to
nearly
quadruple
to
$1.8
billion,
consultancy
RedSeer
estimates.

Indian
ed-tech
startups
including
Unacademy,
Vedantu
and
market
leader
BYJU’s
raised
$2.22
billion
in
2020,
about
four
times
the
amount
raised
a
year
earlier,
according
to
the
Indian
Private
Equity
and
Venture
Capital
Association
and
PGA
Labs.

BYJU’s,
backed
by
US
investment
firm
Tiger
Global
and
SoftBank-backed
Unacademy
raised
the
most
capital
last
year,
at
$1.35
billion
and
$264
million,
respectively.


Source : Reuters Link

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