MAY 20214All through 2020, two topics were omnipresent in almost every discussion. The first obviously was talk about the pandemic and the resultant lockdown. The other was the upward growth trajectory of the Indian edtech market. All through the year our entire country was compelled to stay indoors, along with the rest of the world. As a consequence schools and other educational institutions remained shut and are still far away from being fully functional anytime soon. Logically an entire population woke up to the vitality of amalgamating learning with digital platforms. Thus, the edtech sector witnessed an unprecedented boom. Right from increased investment activity to more and more end users coming onboard as paying subscribers, the industry saw it all. A recent report by Indian Private Equity and Venture Capital Association (IVCA) said that as compared to $522 million invested in the edtech sector in 2019, 2020 saw a whopping $2.2 billion being invested in the sector. Byju's alone received over $1 billion in investment throughout the year which was historic in its own way. Additionally, there were various other startups that saw increased customer onboarding. According to the Indian HRD ministry, India's edtech expenditure is slated to reach $10 trillion by 2030. The sector currently is home to over 3500 edtech startups as estimated by KPMG. A majority of these startups have been catering to the K-12 segment. Till a few years back edtech for K-12 was largely centered around smart classes, but with the pandemic induced lockdown, over 1.5 million Indian schools are shut. There has been a massive spike in number of young students logging online to address their learning requirements. This sector has seen a plethora of innovative startups setting up shop that include adaptive learning platforms, learning management systems, localized language learning solutions, smart classroom solutions and collaborative platforms among others. Additionally the post K-12 segment has also witnessed a northward trend in terms of number of users. According to a RedSeer and Omidyar Network India report the said user base doubled from 45 million to 90 million in 2020. With a host of international students also preferring Indian edtech platforms, the user base is only going to increase in the years to come. In the opportune time, StartupCity presents to you a list of `10 Best Edtech Startups' from across India. The issue highlights the innovative products and solutions created by these young startups. Do let us know your thoughts.Rachita SharmaSpecial EditorIndia is the New Edtech Capital of the WorldEDITOR'S NOTE Vol 7 · Issue 11 - 1 · May, 2021 Publisher Alok Chaturvedi Special Editor Rachita Sharma Editorial Team Aparna Roy Biplab Chakravarty Monica Pallavi J Riya Sethi Sales & Marketing Felish Rita Tapas Mallick Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 500 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2021 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Vetrivel S Dennis Bennito Karthik KGM Sales & Marketing Virupakshi Pattarsiliconindia
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