The country's education technology (EdTech) industry is seeing a higher level of interest from investors, paving the way for some start-ups in the sectors to emerge as large players in future, owing to various factors such as increasing accessibility, better regulatory support and better quality content. PE/VC investments in education and edtech has grown to $759 million in 33 deals in 2018, from $189 million in 24 deals the previous year.
According to data from research firm Venture Intelligence, the growth in 2018 was basically driven by the $540 million investment by Naspers, CPPIB and General Atlantic in Byju's, and