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.
The Indian edtech sector has seen a strong increase in capital, with around $208m injected into edtech companies in 2016. However, the number of deals in edtech actually fell from 81 in 2015 to 42 this year, 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.