Tag: funding

The Way Forward for EdTech Funding in India

Despite the downturn, EdTech continues to be an attractive investment opportunity for venture capitalists. The sector's growth prospects remain strong, driven by the increasing adoption of technology and online learning, rising demand for upskilling and reskilling, and the growing number of K-12 and higher education students in the country. According to a report by Blume Ventures, the EdTech market in India is expected to grow at a CAGR of 39% to reach $10.4 billion by 2025. While I doubt they will concur with their report now and are likely to focus on alt sectors, the macro indicators underlying the EdTech investment outbreak in 2021 are still positive.