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Not all is doom in the edtech sector

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Manage episode 408514035 series 2902600
Content provided by BusinessLine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BusinessLine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While there are alarming reports of some large edtech businesses suffering in India, however, it is not all doom and gloom. Some start-ups focused on learning have managed to not only scale up but also do it profitability, note Ujjwal Singh, Founding CEO, Infinity Learn by Sri Chaitanya and Prakriti Jaiswal, Partner, JSA Advocates & Solicitors.

In 2023, the sector cumulatively raised $311.5 million across 75 rounds, which was significantly lower than the $2.4 billion raised in 2022 across 238 rounds and the whopping $4.1 billion in 2021 across 364 rounds, according to data from market intelligence platform Tracxn. This year has seen six funding rounds so far, totting up $10.8 million.

Listen to the podcast now.

(Host: Jyoti Banthia, Edits: Anjana PV)

  continue reading

1027 episodes

Artwork
iconShare
 
Manage episode 408514035 series 2902600
Content provided by BusinessLine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BusinessLine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

While there are alarming reports of some large edtech businesses suffering in India, however, it is not all doom and gloom. Some start-ups focused on learning have managed to not only scale up but also do it profitability, note Ujjwal Singh, Founding CEO, Infinity Learn by Sri Chaitanya and Prakriti Jaiswal, Partner, JSA Advocates & Solicitors.

In 2023, the sector cumulatively raised $311.5 million across 75 rounds, which was significantly lower than the $2.4 billion raised in 2022 across 238 rounds and the whopping $4.1 billion in 2021 across 364 rounds, according to data from market intelligence platform Tracxn. This year has seen six funding rounds so far, totting up $10.8 million.

Listen to the podcast now.

(Host: Jyoti Banthia, Edits: Anjana PV)

  continue reading

1027 episodes

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