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Indian edtechs received over $2.2b funding in 2020, shows PE-VC Association report
Photographer: Simon Dawson/Bloomberg Premium
Indian edtech startups have seen a total investment of $2.22 billion in 2020 as compared to $553 million in 2019, according to Indian Private Equity and Venture Capital Association (IVCA) and PGA Labs data.
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Indian edtech startups received over $2.22 billion funding in 2020: Report
India’s sole edtech unicorn, Byju’s, hogs the lion’s share with $1.27 billion in total funding but there’s paltry funding for a broader range of edtech startups. bloomberg
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Byju s, Unacademy and Vedantu accounted for the highest share of funding in the last five year
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Indian edtech startups have seen a total investment of $2.22 billion in 2020 as compared to $553 million in 2019, according to Indian Private Equity and Venture Capital Association (IVCA) and PGA Labs data. At least 92 players attracted funding in 2020, out of which 61 players received seed funding.