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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A significant plank of India’s startup story was the potential of the edtech sector. VC projections have now come a cropper and their limited partners need to ask the hard questions.
Note: Over the past two decades, venture capital firms of all varieties have sold the India story to a whole host of institutional investors across the world. Several sectors have been packaged together, from e-commerce and education to real-money gaming, classifieds and short video, to create this powerful idea that a market of a billion Indians is ripe for consumption, technology disruption and wealth creation. Where pouring VC funds can fast-track the growth of ideas and companies that have the potential to disrupt the status quo, and build wealth for all concerned in the process.
Looked at over a decade, …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
AI is set to disrupt the sector. While the path ahead looks tough for legacy publishers like S Chand Publishing and Arihant Publications, things don’t look encouraging for others in the industry either.
