After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far — 153 per cent more than the $240.9 million across 106 deals during the same period last year — according to data from market intelligence platform Tracxn.
The resurgence has been driven by large funding rounds, with investors writing larger cheques for companies emerging as market leaders and showing strong exit prospects through public markets and improved performance metrics.
No player other than Physics Wallah (PW), which doubled