Indian edtech’s irrational exuberance

If the Indian edtech opportunity is worth billions of dollars (eventually), how is it that so many education technology startups are on sale today?

It seems as if every other education technology startup in India has put up a “for sale” sign. Two developments from this week alone point to this frenzy. 

From Entrackr

“After the $300 million acquisition of WhiteHat Jr, the Bengaluru-based venture is in late-stage talks to acquire Toppr, one of its rivals in the K-12 space, according to three people familiar with the details of the transaction.”

“The two companies have been in talks for over two months and it has now reached an advanced stage,” said one of them, requesting anonymity. The deal that would value [Toppr] at …

Author

Pradip K. Saha

Pradip is a co-founder at The Morning Context and leads our newsletters vertical. He has previously worked at The Ken as a staff writer, at Mint as an assistant features editor and the Deccan Chronicle as a copy editor. He works with a slew of expert newsletter writers across subjects and domains. His own writing spans the gig economy, farmers caught in the crossfire of technology, global warming and parents trapped in the edtech wave. Some of his best stories have come at the intersection of technology and human endeavour.

Editor, Newsletters

pradip@mailtmc.com

Delhi