EdTech Decoded

Venture capital (VC) investors continue to drive the investment momentum in the online learning market. This continued interest is largely attributable to the evolving preferences of educational institutions, which have embraced a hybrid model of learning due to the COVID-19 pandemic. The global health crisis compelled educational professionals to adapt to a remote teaching environment, reaching students in even the most remote corners of the world. Edtech companies had an outburst in fundraising in recent years. Prominent EdTech players such as Byju’s, Unacademy, GoStudent, upGrad, Eruditus, Classplus, BrightChamps, Cuemath, LEAP, and Teachmint have emerged as standout startups, securing significant funding to further their growth and innovation initiatives. In this edition of EdTech Decoded, we bring you insights into the sector’s performance after the extended pandemic outbreak as well as notable funding trends across the globe in the EdTech space in 1H23.