Education Employability and Skilling
[Watch] This year’s funding into edtech startups outshines the last five years: Report
17 Dec 2020
The
Indian edtech ecosystem raised $4 billion in the last five years. Over 92
players received funding in 2020, out of which 61 received seed funding.
Indian Venture Capital Association and Praxis
Global Alliance have released an edtech report titled
"The
Great ‘Un-Lockdown’: Indian EdTech, Disruptions and opportunities for the next
decade". The report says that the total amount raised by the edtech
industry in 2020 was $2.2 billion. This is significant as the Indian edtech
ecosystem has raised $4 billion over the last five years.
This
also marked the rise of B2B edtech startups, over 92 players received funding
in 2020, out of which 61 players received seed funding.
Over
the last three years, this segment has received the total funding of $31
million.