India’s Edtech Startups Regroup as Pandemic Bonanza Fizzles

NEW DELHI—The most well liked factor in India’s online-education trade proper now’s going offline.

After two years of blistering development, sparked by one of many world’s longest Covid-19 faculty shutdowns, India hosts an more and more crowded subject of education-technology unicorns. Six have hit the $1 billion valuation milestone for the reason that March 2020 nationwide lockdown. They joined Byju’s, which acquired there in 2017 and is now the world’s Most worthy edtech startup, with a $22 billion price ticket after a funding spherical in March, in response to PitchBook Information Inc.