From global call centre to world's classroom: Is ed-tech India's next global export?
Making ed-tech successful will require a digital infrastructure that could become the most impactful (PPP) Public Private Partnership that the country has seen
- Dec 23, 2020,
- Updated Dec 23, 2020 7:52 PM IST
Mega deals in the telecom sector took center stage this year thanks to monster-sized capital inflows from foreign investors but another industry-defining trend being forged even as it saw velocity pick up is that of education.
The volume of funds going to educational technology (ed-tech) companies jumped four times to over $2 billion compared to $550 million the year before, according to reports by Indian venture capital associations. (IVCA and PGA Labs). Yet a cursory look at the sector's history wouldn't have shown such potential.
Two movements drove its non-linear growth. First, the recent closure of schools and dependence on distance-learning meant wide-scale digital transition was inevitable.
Mega deals in the telecom sector took center stage this year thanks to monster-sized capital inflows from foreign investors but another industry-defining trend being forged even as it saw velocity pick up is that of education.
The volume of funds going to educational technology (ed-tech) companies jumped four times to over $2 billion compared to $550 million the year before, according to reports by Indian venture capital associations. (IVCA and PGA Labs). Yet a cursory look at the sector's history wouldn't have shown such potential.
Two movements drove its non-linear growth. First, the recent closure of schools and dependence on distance-learning meant wide-scale digital transition was inevitable.