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Ed-tech’s USD805 million funding this year: for the emerging story, look beyond Byju’s and Vedantu

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Ed-tech

Ed-tech’s USD805 million funding this year: for the emerging story, look beyond Byju’s and Vedantu

Over the past seven months, Indian ed-tech bagged USD805 million of investment in 46 deals, with deals worth USD117 million announced in July alone. While most were seed rounds, unicorn Byju’s and near-unicorns Vedantu and Unacademy saw big rounds as well. But where is the money going, and what’s on the horizon?
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29 Jul 2020 6 Mins Read 0 comment
Ed-tech's moment in the sun: a woman guides her daughter who is attending online classes Getty Images
Ed-tech's moment in the sun: a woman guides her daughter who is attending online classes
In the seven months of 2020, Indian ed-tech firms received investment to the tune of USD805 million in 46 deals, according to startup database Tracxn. Of these, 39 were investments in unique companies and the rest were multiple rounds raised by Byju’s and Vedantu, and a couple of rounds raised by smaller startups such as Entri.
financing plays, or in private-public partnerships as seen globally, or with re-imagined higher-education models and employability solutions — will keep seeing more interest and traction. The landgrab could just move from a small island of ed-tech to other interconnected islands some day soon. ( Research support by Rochelle Britto) ( Graphics by Sadhana Saxena)
In the seven months of 2020, Indian ed-tech firms received investment to the tune of USD805 million in 46 deals, according to startup database Tracxn. Of these, 39 were investments in unique companies and the rest were multiple rounds raised by Byju’s and Vedantu, and a couple of rounds raised by smaller startups such as Entri. financing plays, or in private-public partnerships as seen globally, or with re-imagined higher-education models and employability solutions — will keep seeing more interest and traction. The landgrab could just move from a small island of ed-tech to other interconnected islands some day soon. ( Research support by Rochelle Britto) ( Graphics by Sadhana Saxena)

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