Small venture capital funds making a beeline for startups: Report business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Seven technology trends for 2021
2020 redefined the future of work. Technology is at the centre of how we reimagined, strategised, organised, and operated this year. Madhur Singhal December 24, 2020 / 10:37 AM IST
Technology has become an intrinsic part of life, more so in the COVID-19 era. We have seen significant growth in consumer-facing technology such as digital payments, telehealth, productivity aids, communication tools, and robotics or AI-driven equipment. Some of these trends are irreversible and will continue to shape the technological developments of the next year. Research of technology trends at PGA Labs indicates seven trends.
1.
Cybersecurity: The increased use of technological tools is exposing networks and applications to security vulnerabilities such as privacy intrusion of individual users and security threats to corporations. 2020 already saw a 37 percent increase in cyberattacks (first half of 2020 over H2 of
Edtech in 2020: Led by Byju s, Unacademy, investments jump 300%; this many startups raised capital financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
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. The IVCA report ‘The Great Un-Lockdown: Indian Edtech’ released on Thursday stated that 92 players received funding in 2020, out of which 61 players received seed funding. Byju’s and Unacademy have raised the most capital, $2.32 billion and $354 mllion, respectively, in 2020, while B2B edtech received a total funding of $31 million in 2017-2020. The report estimates that education is a $117 billion market in India with around 360 million learners in 2019-20. The report further said around $49 billion is spent on school education, 66% of which is spent on primary education and 27% on secondary education. Around $42 billion is spent on supplementary education, which primarily comprises private coaching and test preparation.
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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