EdTech Startups On A Roll, Bet Big On India

With one of the youngest populations in the world and limited availability of good quality educational institutions and teachers, it is not surprising that education technology or EdTech will thrive in India. It will only get better as technology improves and teachers learn to use better tools to impart education to millions of students. Sample this: A children’s character-based early learning app ‘Little Singham’ launched amid the pandemic hit a million downloads in just six months with an average rating of 4.70.

EdTech space received a total investment of $2.2 billion, according to a new joint report by Indian Private Equity and Venture Capital Association (IVCA), and PGA Labs, the market intelligence business of Praxis Global Alliance (PGA), India claimed the second biggest chunk of the global industry whose market value increased from $409 million in 2019 to $1.5 billion in the first nine months of 2020.

The full article was originally published on News Gram