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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.
After acquisition talks fell through, the larger edtech company is getting into the coder-upskilling business itself.
It should not come as a surprise to anyone that education technology, along with financial technology, has been the centre of all action ever since the COVID-19 pandemic struck last year. As parents worldwide woke up to the potential of online education and learning, and investors hedged their bets against a crumbling global economy, edtech startups cashed in big time. In the 21 months to 30 September 2021, Indian edtech firms have attracted nearly $6 billion in venture capital and private equity funding, according to data from Venture Intelligence.
But excess liquidity led to a sharp consolidation as boundaries blurred …
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.
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
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.
