India’s EdTech Industry And Its Evolution In Modern World

EdTech Industry
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Pandemic led restrictions has unfavorable effects on our lives. But the E-learning industry is on the growing verge.

According to analysts, India’s Education Technology (EdTech) industry is expected to become the $30 billion industry over the next decade.

Average Indians of any income level are ready to spend on the Education. As a result, the income elasticity of education in India is estimated to be 0.93 vis-à-vis other expenditure. Additionally, it is reported that the revenue from EdTech start-up in India has doubled since FY 2018.

Certainly, the rate of industry is going to multiply which presents the huge opportunity for the foreign investors.

According to Statista, the present market valuation of EdTech industry is $2.8 billion and is expected to reach $10.4 billion by...

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