Byju's fallout lingers but edtech ecosystem bets on long-term benefits

Following Byju's crash-and-burn, both industry players and investors are moving away from a valuations game to larger issues of governance and sustainable growth

After weathering the fallout from Byju’s crisis, India's edtech sector is finally seeing signs of stabilisation. While 2024 didn’t reach the funding peaks of 2020 and 2021 - the pandemic years - industry players and investors believe that the sector, having got rid of its earlier hype, is now poised for sustainable growth. 

From a funding perspective, 2024 fared better than 2023, though. Venture capitalists invested a total of $741 million across 103 rounds, compared to $556 million the previous year, according to Tracxn data. Importantly, the sector did not have a single M&A opportunity in 2024. 

Despite the lingering