Most of the start-ups have realized the growing need of personalized learning experience of students, and have started exploring this space
The quality of manpower is a significant resource for large populous countries such as India, which depend on them for their rapid economic growth. Realizing the potential and opportunities in the education sector, the start-up space in this segment has seen much action off late. Almost one third of these companies have yearly revenue in the range of ₹ 5 lakh to ₹ 1 crore and one fourth of these companies have revenue of more than ₹ 1 crore per year. Investment communities are also very enthusiastic about EdTech start-ups. According to VCCEdge, the education sector has seen the rise of investment in recent years. In 2010, the total investment in EdTech was valued at $187M for 27 companies which rose to $248M for 48 companies in 2014 and in 2015, the 51 deals were signed in EdTech investment valued at $155M.