The edtech market in India saw continued growth in the second quarter of 2016. Interest from investors, especially in early stage rounds, was on par with the first quarter.
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Noteworthy developments in the second quarter include the growing interest from venture capital funds to invest in Indian edtech, a growing debate around the cost of education and student loans, and parallels to the Chinese edtech market boom.
This EdTech Market Brief is designed with readers in mind that want to stay at the top of their game, who have a special interest in the latest happenings in the Indian education technology sector with a focus on EdTech startups and investments.
It features a total of 72 curated articles from leading sources covering the latest trends and numbers that are shaking up the education scene on the subcontinent. It includes 10 Op-Eds and interviews with Indian edtech founders, 16 articles covering K-12 and Higher Education, 29 articles about Indian edtech startups and 10 articles about angels and VCs investing in the Indian edtech market.
EDUKWEST tracked 21 founding rounds in Indian edtech startups for the second quarter of 2016 with close to $12 million in disclosed funding spread across 9 rounds. The biggest rounds this quarter went to CueMath ($4m), CollegeDekho ($2m) and KrazyBee ($2m).
While the number of funding rounds is identical to the first quarter there is a big difference in the disclosed amounts. In Q1 we saw two large investments taking $135m out of the $150m disclosed funding spread across 11 rounds.
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Promo: Use the code INDIAH12016 at checkout and get 15% off when purchasing the EdTech Market Brief India Q1 and Q2 together.
Picture Nicolas Raymond via freestocks.ca