Indian edtech sector still attractive for investors: GSV Ventures
GSV is eyeing investments in sub-sectors such as upskilling and the K12 segment - for kids from kindergarten to Grade 12 - among others, Quazzo said
Stay updated with breaking news from Medtech Sector. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
GSV is eyeing investments in sub-sectors such as upskilling and the K12 segment - for kids from kindergarten to Grade 12 - among others, Quazzo said
India's edtech had a rough 2022 as funding fell 44%, triggering layoffs that impacted 8K+ employees amid a changing industry landscape.
According to industry estimates, 45% of the 15,000+ layoffs that the start-up ecosystem has seen this year is being attributed to the Edtech industry, according to Peoplematters, a leading Human Resource website.
My belief is that those retrenched will be absorbed by other new-age companies. Startups will continue to transform India, says Dr. C. N. Ashwath Narayan, Minister of IT, Karnataka Govt
Upskilling unicorn upGrad and customer engagement SaaS platform CleverTap have raised large venture capital funding rounds this week even as overall start-up funding continues to slow down in volume and value.