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After a prolonged winter, Indian edtech sector shows signs of recovery

Funding in the sector has increased by 153 per cent year-on-year (Y-o-Y), reaching $608.8 million across 68 deals in 2024 so far

Indian edtech sector online learning online education edtech funding startup funding
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Aryaman Gupta New Delhi

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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

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