15 Jun '15, 2am

#Edtech startup in Japan raises $1M to get students to share their notebooks

#Edtech startup in Japan raises $1M to get students to share their notebooks

Edtech startup in Japan raises $1M to get students to share their notebooks June 14, 2015 Japanese edtech startup Arcterus today announced that is has raised JPY 130 million (approximately US million) from Dentsu Digital Holdings, Startia , and Bon Angels . Like many edtech startups in Japan, Arcterus targets the country’s ubiquitous juku , or cram schools – after-school tutoring academies that have grown into a US billion industry . The Japanese educational system is largely based on rote memorization and standardized tests. Getting into a respected high school, university, or career is also largely based on a student’s performance on rigorous entrance exams. The juku industry has become such an economic force because parents are willing to do just about anything – and pay any price – to ensure their child’s success. What sets Arcterus apart from other players in the cram...

Full article: http://svca.org.sg/edtech-startup-in-japan-raises-1m-to-g...

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