market research agencies in mumbai
05 Jan 2021

Ed-tech can be India’s next prime export sector

Ed-tech: The year 2020 saw India emerge from being a global call centre provider to world’s classroom arena. Though telecom sector took the centre stage with mega deals grounding as India saw massive influx of foreign investors, education sector too was the talk of town with defining trends picking up. 

According to the reports by Indian venture capital associations (IVCA and PGA Labs), the educational technology companies received funds jumping four times to over $2 billion, as compared to $550 million last year. But there were two factors that skyrocketed and boosted the jump in the ed-tech sector. The first was recent closure of schools and educational institutes and increased dependency on distance learning mode of education that led to wide-scale transition digitally.

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