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    Start-up Street: Lessons from the bursting of the Edtech bubble 

    Fast growth at any cost had locked edtech companies into a race to the bottom 

    Amol Hatwar
    June 23, 2022 / 09:15 AM IST
    Start-up Street: Lessons from the bursting of the Edtech bubble 

    Representative image

    2022 has been a year of bursting bubbles. Every asset class from stocks to cryptos have seen corrections. The reason is simple. Central banks that printed money to help the economy tide over the COVID-19 pandemic are now taking it away by raising interest rates. While the higher cost of money has affected the edtech sector significantly, most startups operating in this segment were already walking on thin ice. In February, at the beginning of this year, Ronnie Screwvala-backed edtech...

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