Education technology firms such as Aspiring Minds, Xseed Education, Mindler and Byju’s have ventured abroad or are on the verge of entering suitable markets. September 24, 2018 Three years into his business, Prateek Bhargava, founder of education technology startup Mindler, has ventured into five countries, including Russia and Singapore, and is evaluating few more markets abroad. According to the firm that helps students in career assessment and counselling and planning, technology adoption in education delivery and assessment is growing as a sector, and it is better to venture out for a bigger market pie. “It’s no more about saturate in India before going global…if your product is good then why not,” said Bhargava.
The Indian education technology sector is expanding globally, with companies such as Aspiring Minds, Xseed Education, Mindler and Byju’s all exploring markets overseas. Start-up Mindler, for example, has moved into five countries including Russia and Singapore and is exploring options further abroad. Mindler founder Prateek Bhargava explained the edtech sector is growing globally, so it makes sense for the firm to venture overseas to claim a bigger slice of the overall market.