siliconindia | | JANUARY 20239leaders such as Byju's which is valued at $15 billion to reach the top success pinnacle. It has also been seen in the market leaders that are emerging with education startups including Unacademy, upGrad and Vedantu and more. With a market size of $700 million to $800 million in 2021, the EdTech industry is projected to become a $30 billion industry in the next 10 years, which is driven by the burgeoning demand and emerging business models. Online EducationThe advent of the pandemic has catalyzed the development of online education. The lockdowns have led to a massive increase in investment in the EdTech sector because of the growing propensity of students and parents for getting an education from home with the help of different online educational platforms. It is common among students to study in schools and colleges which is thought to be pretty attractive. The online education projects entered and now it is an experience for engaging with investors in the local market. Indian EdTech The EdTech industry in India has grown with phenomenal achievements in the last few years while making India the edtech capital of the world. The private sector is playing a key role with the public sector and acts as a facilitator. The education sector in India saw a boom in the EdTech funding during the pandemic and there are certainly some advantages of edtech over the conventional learning that is to be considered. It is time for deciding the new normal for the education sector. Educators, parents and students are standing with complains about the one-size-fits-all model of conventional schooling. Edtech provides specially tailored classes and access for content at a pace with which students are comfortable. Students receive WHAT DOES INDIA'S EDTECH INDUSTRY HAVE IN STORE FOR THE FUTURE
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