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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.
High unemployment, growing competition and easy access to finance have made overseas education attractive to aspirational young Indians.
Indians have been going abroad to study for at least a hundred years or more. It is only fair, then, that with the passage of time and the invention of modern finance, foreign education—once accessible to mostly the affluent sections of society—is now being packaged for the masses.
Over the past couple of years, even as India’s education technology sector crashed and burnt in the near absence of venture funding, edtech platforms facilitating higher education have emerged as a bright spot. Within that vertical, the study-abroad segment is being sold as the next big thing. Traditional recruitment agents, often operating …
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.
The edtech company is at the heart of the foreign campus experiment. But questions around demand, faculty and outcomes suggest a tough road ahead.
In the last two years, foreign education plans have been dealt a body blow by changes in regulation, a rise in fraudulent activities and misaligned incentives for brokers, students and foreign universities. Indian students are among the worst hit.
