Moneycontrol PRO
Open App
you are here: HomeNewsOpinion

Edtech's existential crisis was waiting to happen

A drying up of funding due to a deteriorating macro environment is colliding with dissatisfied customers and a shift back to classroom teaching 

September 23, 2022 / 12:06 PM IST
Edtech's existential crisis was waiting to happen

Representative image

The honeymoon for India’s edtech highfliers is truly over. Severe losses have so changed the outlook for the sector that startup funding is rapidly drying up, leading to staff cuts. The losses are a result of falling revenue even as marketing expenses keep increasing. Such is the gloom that the sheer survival of the sector is being questioned. The travails of the sector are best depicted by what has been happening to Byju’s, the sector star which is a decacorn, that is with...

  • PRO Panorama

    Moneycontrol Pro Panorama | Gas trouble brews, MPC’s job has just got tougher

    Sep 28, 2022 / 04:09 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Indian markets remain optimistic, Gold prices touch a record low, HAL is back on track, RBI support to INR, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers