Mr. Atulya Kaushik, Co-founder, and CEO of PrepInsta
There is a growing recognition that we must master our youth for the years ahead and embrace new configurable learning and development methods to guarantee they join the workforce with the best possible placement preparedness and skill sets. The edtech industry has witnessed more attraction from the B2B aspect than B2C this year. This newfound synergy has fueled growth for many upcoming players. Now beyond this point, the bull run of Ed-tech in the coming year will be determined by measures such as tax relief, the quickness with which capital is raised for the edtech industry, and how much we strengthen our digital infrastructure and cultivate positive consciousness with regards to the value it brings as a whole
Mr. Aashay Mishra, Co-founder and COO of PrepInsta
Following the Covid-19 pandemic, the edtech sector has matured by leaps and bounds, with private industry players playing an essential role in ensuring effective and efficient delivery and learning results. India has even risen to third place in the world, after China and the United States, in terms of venture capital funding in the edtech sector. As a consequence, edtech platforms have been able to capitalize on promising technologies such as immersive learning, video-assisted remote learning, artificial intelligence, virtual reality, and much more. Acquiring in-demand specialised skill sets in areas such as AI, ML, Cyber Security, C++, Python has caused a rise in student placement opportunities. Many government-supported colleges and universities have also partnered with edtech startups to provide more outcome-oriented learning. These positive observations indicate that the Ed-tech sector is not in a downward slide, but rather will experience optimum growth and capital investments for visionary shareholders
Mr. Manish Agarwal, Co-founder and CMO of PrepInsta
During the pandemic, the fortunes of edtech startups skyrocketed as they sneaked in to fill the vacuum left by schools and colleges closing during the country-wide clampdown. However, following the restoration of normalcy, the pandemic-driven tech surge slowed down. This even forced some edtech startups in 2022 to make even more cost cuts and look for long-term offline models with lucrative revenue streams which was not a bad move from a business standpoint. In the coming calendar year, valuations will be a higher priority for venture capitalists, and they will only consider investing in edtech platforms that have demonstrated resilience in the face of the slowdown. Given the ongoing Covid crisis and the insufficient resources available to ensure quality education and placement opportunities for all aspiring students, India is widely embracing what is currently working well in the Indian academic framework, which is web-based learning platforms