While the edtech sector has welcomed the advisory the government issued on Thursday, several players are of the view that they need to self-regulate before strict norms enter the scene.
Ashwin Damera, chief executive officer (CEO) and founder of unicorn edtech company Eruditus, said edtech companies themselves should act responsibly and self-regulate.
“We don’t want the government to come up with regulations. If seven out of 10 companies are following good practices, and the rest are not following that, then regulations would affect those seven good players,” said Damera, whose firm is backed by top investors such as SoftBank and Accel.
“But if