It's official: Bangalore's airport to be named after Kempegowda

Bengaluru, Jul 9: The State Education Minister of Karnataka clarifies that 2nd PUC result 2020 to be declared around July 20. The Minister’s tweet signals that Karnataka Second Pre- University examinations result is not releasing today, and likely to be declared around July 20, 2020.

Taking on his tweeter account Karnataka Education Minister S Suresh Kumar on Thursday informed that the 2nd PUC results (Class 12th) would not be declared on Thursday, that is on July 9 and would be available around 20th July. Earlier students presuming the result on Thursday had been started asking Education Minister whether Karnataka 2nd PUC Results would be announced today or not.

Addressing the students quarries, on Thursday Education Minister S Suresh Kumar took to his tweeter account and tweeted, “2nd PUC results are not announcing today, the results would be released around July 20, 2020”, or the second last week of July. Education Minister took to his twitter account to console the students, he tweeted “Many students are calling me to know whether Second PUC results will be announced Today. I once again inform all that Second PUC results will come out around 20th July.

Many students are calling me to know whether Second PUC results will be announced Today.

I once again inform all that Second PUC results will come out around 20th July.

— S.Suresh Kumar, Minister - Govt of Karnataka (@nimmasuresh) July 9, 2020

Earlier, the education minister informed that Karnataka Secondary School Leaving Certificate Exam, SSLC Results 2020 would release most likely by August first week and Second Pre-University (2nd PUC) Results 2020 would be declared by last week of July.

Karnataka earlier decided to hold the Board exams in spite of the opposition faced due to health risks over Corona Virus. The remaining SSLC & 2nd PUC examinations in Karnataka took place with the strict precautionary measures. The Education Minister himself carried out the inspection of many exam centres during the exams, a report said.

Evaluating the answer copies of exams, now results are to be declared in the month of July and August 2020. To get the result updates students are advised to keep visiting the official website of Department of Pre-University Education, Karnataka.

Bengaluru, May 16: Health Minister B Sriramulu has sought the aid of Home department for curbing sex work in certain parts of the state - which continues unabated despite lockdown.

“It poses health risks to those involved. I request the department to ensure that the business is prohibited at such a time of crisis,” he stated in a letter to Home Minister Basavaraj Bommai.  

At the same time, in order to ensure the safety of these workers, Sriramulu has asked both the Health department and the Karnataka State AIDS Prevention Society (KSAPS) to come up with a detailed report on rehabilitation of sex workers and transgenders.

The Health minister’s order was prompted by a letter by writer and activist Roopa Hassan. The writer, who was earlier member of a panel (led by actor-turned-politician Jayamala) on the study of issues faced by sex workers, had sought government’s intervention to stop condom distribution to registered sex workers and transgenders, as continuing work during pandemic was posing health risks to the community.

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.