The Indian edtech sector has seen a strong increase in capital, with $125m injected into edtech companies in 2016 . "When the bubble burst in 2015 end, investors who were wary of investing in e-commerce or other areas would have invested in education technology and healthcare because they are counter-cyclical and so by definition, will do well," explains Avnish Bajaj, MD, Matrix Partners India. However, the number of deals in edtech actually fell from 42 in 2015 to 81 2016 , with test preparation apps and K-12 education service providers taking the majority of the capital. edtech company Byju ’s raised $125m , focusing on innovation in learning through gamification and 3D techniques. Investors are keen to fund edtech because the sector is counter-cyclical, doing well in times when e-commerce and other more commercial areas do less well.
The Indian edtech sector has seen a strong increase in capital, with $125m injected into edtech companies in 2016 . However, the number of deals in edtech actually fell from 42 in 2015 to 81 2016 , with test preparation apps and K-12 education service providers taking the majority of the capital. edtech company Byju ’s raised $125m , focusing on innovation in learning through gamification and 3D techniques. Investors are keen to fund edtech because the sector is counter-cyclical, doing well in times when e-commerce and other more commercial areas do less well.