Will the Edtech industry in India thrive or die?

The Edtech industry in India has been in the news lately, with reports of losses, layoffs, and other negative developments.

This has sparked a wave of debates and discussions, making it a hot topic of conversation.

The real reason for all this ruckus is exposed in this video by Dr. Basesh Gala.

The spread of online learning was accelerated by the pandemic. Due to the increased trend of students and parents to complete their education from home using various online educational platforms, lockdowns resulted in a significant increase in investment in the edtech sector.

The Edtech industry has attracted $7 billion approximately in private investment over the last five years, including more than $20 billion-valued Byju's, one of the world's leading Edtech companies.

Additionally, industry leaders including Byju's, Unacademy, upGrad, Vedantu, and others have emerged. The edtech market, which was projected to be worth $700 million to $800 million in 2021, is anticipated to grow to $30 billion in the following ten years due to rising demand and new business models.

But what happened in 2022–2023 that made Edtech companies in India vulnerable to failure?

Why major Edtech companies in India are failing?

Why major Edtech companies are firing employees?

Is YouTube the real cause of the failure of Edtech businesses in India?

To find out the answers watch the video till the end.

𝗝𝗼𝗶𝗻 𝗼𝘂𝗿 𝗥𝗶𝘀𝗲 𝗳𝗿𝗲𝗲𝗱𝗼𝗺 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘄𝗼𝗿𝗸𝘀𝗵𝗼𝗽 👇

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