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A class apart: Ed-tech sector steps up hiring as online learning booms during pandemic

The companies have also been witnessing steep growth in business for the past six months, as thousands of new users signed up for online courses amid the pandemic that kept schools and coaching centres closed. This is encouraging them to introduce new products, expand to more markets and step up hiring.
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15 Sep 2020 2 Mins Read 0 comment
There are around 20-25 ed-tech firms valued at $300 million or more, according to strategy consulting firm EY Parthenon. Agencies
There are around 20-25 ed-tech firms valued at $300 million or more, according to strategy consulting firm EY Parthenon.
New Delhi: The pandemic is turning out to be a big boon for the ed-tech industry. Companies providing online education services are growing fast and are among the most active in the job market, at a time when most other businesses are cutting jobs or are on a hiring freeze. Half a dozen of the top players in the
Screwvala-founded higher education platform upGrad and Mumbai-based LeverageEdu are also expanding services and entering new markets, and are likely to hire people to drive growth. “We are looking to be at an overall organisation strength of 2,000-plus. We are growing at over 200% this year, and this hiring is to support the growth needs,” upGrad managing director Mayank Kumar said.
New Delhi: The pandemic is turning out to be a big boon for the ed-tech industry. Companies providing online education services are growing fast and are among the most active in the job market, at a time when most other businesses are cutting jobs or are on a hiring freeze. Half a dozen of the top players in the Screwvala-founded higher education platform upGrad and Mumbai-based LeverageEdu are also expanding services and entering new markets, and are likely to hire people to drive growth. “We are looking to be at an overall organisation strength of 2,000-plus. We are growing at over 200% this year, and this hiring is to support the growth needs,” upGrad managing director Mayank Kumar said.

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