VCCEdge Q3 Analysis - Education in Focus
“The COVID pandemic has been a powerful catalyst for the e-learning sector. It has triggered a period where all stakeholders - students parents professionals teachers and schools have been left with no alternative but to explore education technology products tools and content to continue the learning process. The benefits of e-learning has been demonstrated effectively in a short time frame and that has led to adoption and engagement rates that would have otherwise taken a few years to materialize.The EdTech sector is going to see a period of aggressive growth and consolidation. Learners in both the K-12 and Up-skilling segment will adopt the e-learning process in a big way and that will increase the TAM and monetization opportunities significantly. Companies that will enable schools to adopt technology holistically will also generate value. The sector will continue to see significant investment during the covid period and beyond. There is disruption possible in terms of formats of content platform technology pedagogy scalability and many other dimensions and hence edtech products and companies in varied forms will attract investment.“