[Watch] This year’s funding into edtech startups outshines the last five years: Report

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[watch] this year’s funding into edtech startups outshines the last five years: report

17 Dec 2020

1 min read

The Indian edtech ecosystem raised $4 billion in the last five years. Over 92 players received funding in 2020, out of which 61 received seed funding.

Indian Venture Capital Association and Praxis Global Alliance have released an edtech report titled

"The Great ‘Un-Lockdown’: Indian EdTech, Disruptions and opportunities for the next decade". The report says that the total amount raised by the edtech industry in 2020 was $2.2 billion. This is significant as the Indian edtech ecosystem has raised $4 billion over the last five years.

This also marked the rise of B2B edtech startups, over 92 players received funding in 2020, out of which 61 players received seed funding.

Over the last three years, this segment has received the total funding of $31 million.

The full article was originally published on Yourstory

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[Watch] This year’s funding into edtech startups outshines the last five years: Report | PraxisGA