Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

After two boom years, it is struggling with falling demand but exploring hybrid models as a way out

The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment.

In a totally altered, post-pandemic landscape where students are back at school and colleges, companies are scrambling to revert to bricks-and-mortar tuition centres and adopting a hybrid model of offline and online education.

Demand for online tuition has fallen, affecting the revenue of edtech companies in recent months. After two years of booming revenues, some experts say the sector is looking at a possible meltdown.

“Recent developments indicate that the industry is going through a major crisis, possibly a