AEON Learning Pvt. Ltd, which owns education
technology platform Avagmah, said it has bought Bengaluru-based education
start-up Acadgild for $10 million in an all-stock deal. Acadgild focuses on
online degrees and skill development programmes in big data, deep learning and
UI/UX design web development, among others and had raised initial investment
from venture capital firm Jupiter Capital and K. Ganesh of GrowthStory.
“This acquisition of Acadgild will help us target
much larger market segments including short-term courses for professionals.
Each of the categories we are already catering to, will be beefed up with
additional resources coming in from the Acadgild acquisition. Both companies
will continue to function as independent brands,” Karthik K.S., Founder and Chief
Executive Officer of AEON Learning, said.
& Co advised acted for Jupiter Capital, an early stage investor in Edvista
Education Services and was led by Partner Siddhartha George along with Principal
Associates Sunita Kamath and Priyanka Shreni.
:12.0pt;line-height:115%;font-family:”Bookman Old Style”,”serif”;
mso-fareast-font-family:”Times New Roman”;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:”Times New Roman”;mso-bidi-theme-font:minor-bidi;
said in a statement that, “The RJio deal consideration comprises primarily of
cash payment and includes transfer of deferred spectrum installments payable to
the Department of Telecommunications. The company (RCom) will utilize the
proceeds of the monetization of this cash deal solely for pre-payment of debt
to its lenders.”
pattern of a company. Having said that, it is not an easy job to do so, because
the data is very unstructured in nature. Normalizing such data, deriving
knowledge from applicant profiles and making patterns out of them is an
enormous job. Param’s algorithms are smart and help achieve accuracy in forming
these patterns. We are currently working on incorporating voice technology
which will help sources and recruiters increase their efficiency by 40%. We are
also releasing our developer APIs so that developers can build solutions
leveraging Param’s technology.”
n the city. They contribute significantly to the
ambient air quality, and thus, unrestricted acquisition of both private and
commercial vehicles must be regulated,” he said.