The Art of a Good Unicorn | Edtech startups, is it time for your renaissance?
4 months ago

The Art of a Good Unicorn | Edtech startups, is it time for your renaissance?

Hindustan Times  

So, India's EdTech market size was said to be about $5 billion in 2023 with the market projected to hit about $30 billion by 2031. Because it was the EdTech giants riding high with offline learning shut down, giving online learning platforms a chance to receive funding from ebullient global investors, who looked at EdTech as a safe haven for investment, with startups, like BYJU's and Unacademy, receiving a lion's share of funding during the pandemic. If the status quo was simply producing degrees and certificates, could EdTech startups help with practical skills and be more prepared to tackle the challenges of the workplace in the 21st century? That way, EdTech startups in India would not just augment the employability of learners but also train them to think creatively and work collaboratively. Moreover, this way, EdTech startups operating in this manner would make learners more than just consumers, but also creators looking to develop solutions and address problems they come across.

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