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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 raising billions of dollars to bring quality education home to students, edtech companies are opening physical centres.
Edtech was supposed to democratize education. It was supposed to be the alternative to the expensive and bloated tuition and coaching centres. Edtech companies were supposed to use technology to go remote, change pedagogy, make learning holistic and fun and take education out of the confines of four walls and make it accessible to all. And startups raised billions of dollars to fulfil that dream.
According to data from Venture Intelligence, edtech companies have raised nearly $9 billion in venture capital since 2016. This money was supposed to help startups create digital platforms to cut the clutter of physical education …
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.
