NEP spurs new opportunities for edtech startups; consolidation on cards

Experts say a significant push towards digital would invariably lead to mushrooming of more edtech players in the already crowded-sector, fueling a price war between the players

education, students, office, employees, jobs

With special emphasis being placed on online and digital education in the New Education Policy, there is scope for several new edtech start-ups coming up in the space leading to more competition and further consolidation in the market. India has around 250 million students in K-12 with students facing different types of problems. Companies solving different problems will co-exist, while companies solving the same problem will consolidate over time, according to experts in the field. “China has over 15 unicorns solving different types of problems in education and ...