Indian EdTech has seen a rapid rise in the number of players and raised over $1 billion in funding in 2020!
The COVID-19 outbreak accelerated this trend. The crisis has been a watershed moment for India’s EdTech sector. Although a NASSCOM survey reveals that 40% of Indian startups have either temporarily halted operations or are on the verge of shutting down on account of the pandemic, the EdTech sector has beaten the odds and emerged stronger than ever before.
Startups including Byju’s, Unacademy, Vedantu, Toppr, LEAD School, Classplus, and Apna alone have raised a cumulative of close to $1B. A report by RedSeer and Omidyar Network India reveals that India’s EdTech user base – both paid and free users – in K-12 and post K-12 segments has doubled from 45 million to 90 million during the pandemic.
The whole ecosystem of EdTech startups, VCs & investors, and accelerators is excited. But all in the sector question:
- Is this a bubble that’s about to burst?
- Will the growth trend continue and for how long?
- Which segments will see lightning growth?
- What is the funding trend? What kind of companies will attract investors’ interests?
- How can I take advantage of this funding wave?
- And many more.
To enlighten the EdTech stakeholders with answers to the aforementioned questions, EdTechReview is organizing a webinar in association with AWS EdStart on “Rapid Rise in Indian EdTech Funding – Bubble or Here to Stay?” on Wednesday, 30th September 2020, at 4:00 PM (IST).
In the webinar, leading EdTech founders and investors will discuss the current state, challenges, and opportunities in the Indian EdTech industry. They will also talk about emerging players & businesses, discuss what’s here to stay, share insights on the trends, predict where the Indian EdTech is headed, and much more.
The webinar will be hosted and moderated by Utkarsh Lokesh (CEO & Editor, EdTechReview) who will be joined by experts like Sarvesh Kanodia (Principal Investments, Omidyar Network India), Zishaan Hayath (Founder & CEO, Toppr), Sunil PP (Head for Education & Nonprofit, AWS), and Ankush Singla (Co-founder, CodingNinjas).