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Detailed stories on technology startups, business and economic current affairs.
The industry, while wanting to steer clear of the K-12 segment, is not ready to address the elephant in the room.
The ASU+GSV & Emeritus Summit, featuring the who’s who of the edtech ecosystem, was held in Gurugram amid much fanfare last week. One would have expected such an event, held at a time when India’s largest edtech startup is disintegrating, to throw up some answers. And, among other things, include introspection from stakeholders, acknowledgement of the role they played in Byju’s rise and fall, learnings from the saga and the path forward. Instead, what you got is veiled attacks without naming the company, finger-pointing at everyone but themselves and a large serving of duplicity.
Investors spoke at length about the …
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.
The edtech company is at the heart of the foreign campus experiment. But questions around demand, faculty and outcomes suggest a tough road ahead.