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05 Sep 2021

The Classroom is Buzzing: With more students in online classrooms and top-dollar funding, edtech witnesses its biggest boom

The pandemic steered the Indian education system in a completely new, digital direction last year, giving edtech platforms a huge boost. Today, with more and more classrooms moving online, students signing up for edtech services and top-dollar funding and investments pouring in, the sector is witnessing its biggest boom yet In June this year, edtech company Byju’s was declared India’s most valued startup at $16.5 billion, dethroning digital payments firm Paytm, which is valued at $16 billion. Over the past 12 months, Byju’s has been on an ambitious acquisition spree, acquiring WhiteHat Jr, Aakash Educational Services, Epic, Scholr, Great Learning, HashLearn, and is now in talks to acquire Gradeup and Toppr, spending $1.1 billion in the process.

Click here to read the full article on Financial Express

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