ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • IPL 2023
    • Karnataka Elections 2023
    • Viral
    • Education
    • Jobs
Read in App
Business News » Small Business News

HDFC Chairman Deepak Parekh denies reports, says didn't invest in Eduisfun

"The future of our country lies in the education of our children. Praveen Tyagi`s STEPapp has made learning interesting and rewarding for students. Teaching children through games is an innovative step. My best wishes are with Tyagi`s team comprising 400 IITians, who have helped create an innovation like STEPapp," Bachchan said on unveiling of the app.  

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
HDFC Chairman Deepak Parekh denies reports, says didn't invest in Eduisfun
Through its gamified format, STEPapp aims to give children conceptual clarity in math and science. Source: Reuters.

Mumbai-based edtech startup Eduisfun Technologies Pvt. Ltd. on Tuesday said it received investment of Rs 200 crore from angel investors as well as high networth individuals (HNIs), reportedly including Bollywood megastar Amitabh Bachchan and HDFC Chairman Deepak Parekh. However, Parekh has denied making any such investment (read clarification at the end of page). Eduisfun`s STEPApp, a gamified learning app, was unveiled earlier this month by the company`s Founder CEO Praveen Tyagi The app works on the most basic smartphone with minimal data requirement.

The pricing is such that it is accessible to most people in India, Eduisfun said, adding that STEPapp`s vision is to provide universal access to quality education to every child in the country via technology.

"The future of our country lies in the education of our children. Praveen Tyagi`s STEPapp has made learning interesting and rewarding for students. Teaching children through games is an innovative step. My best wishes are with Tyagi`s team comprising 400 IITians, who have helped create an innovation like STEPapp," Bachchan said on unveiling of the app.

Through its gamified format, STEPapp aims to give children conceptual clarity in math and science.

Eduisfun offers high-quality content for Class 1 to Class 10th CBSE/ICSE/SSC and Olympiad.

Besides Tyagi who is an alumnus of Indian Institute of Technology Delhi (IIT Delhi), the core team of Eduisfun includes Jatin Solanki, an alumnus of IIT Bombay; Sandeep Singhal, an alumnus of IIT Roorkee and Gaurav Goyal, an alumnus of IIT Delhi.

"Accessible to every child in the country, anytime and anywhere, STEPapp inspires students, engages parents and empowers educators, to ensure that students achieve their full potential. Our Student Talent Enhancement Program (S.T.E.P.) will help create a bank of meritorious children, who will be the assets and future of our country," Tyagi said in a statement.

Deepak Parekh statement

In a statement, Parekh  categorically  stated that neither he nor any of his family members have invested in this fund and the news item is misleading.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Deepak Parekh
Written By: ZeeBiz WebTeam
Updated: Mon, Dec 30, 2019
07:04 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
India in spotlight for being amongst fastest growing major economies amid uncertainties: Deepak Parekh India in spotlight for being amongst fastest growing major economies amid uncertainties: Deepak Parekh
‘We're lucky to have finally got a pause in interest rate cycle’: Deepak Parekh after RBI keeps monetary policy unchanged ‘We're lucky to have finally got a pause in interest rate cycle’: Deepak Parekh after RBI keeps monetary policy unchanged
HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts' expectations HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts' expectations
Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh
PM Modi has done remarkable job, need him for two more terms: Deepak Parekh PM Modi has done remarkable job, need him for two more terms: Deepak Parekh

LATEST NEWS

Coromandel Express train accident: List of trains cancelled and diverted after 12841 Shalimar-Chennai Express derails at Odisha's Balasore

IndiGo announces six new direct routes between India, Africa, and Central Asia

Mumbai-Goa Vande Bharat Express: Timings, stoppages, route and travel time

E-commerce platform Meesho crosses 500 mn downloads

Coromandel Express accident: 70 people dead, over 350 injured, say officials as 12841 Shalimar-Chennai train derails in Odisha's Balasore

Infosys dividend: Stock trades ex-date

Anil Singhvi strategy June 2: Important levels to track in Nifty, Nifty Bank today

Dwayne Johnson confirms a big comeback in $7 billion Fast & Furious franchise

Coromandel Express accident: West Bengal rushing team to train accident site

India's forex reserves fall for second straight week, stand at $589.14 billion

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV