Abhishek Verma

All About the Current Landscape of Edtech in India! India's edtech sector has undergone significant turmoil since the peak of its growth during the pandemic, leading to a challenging landscape for many startups. Here’s an overview of the current state of the industry, focusing on key players and trends. Market Challenges: -Post-Pandemic Decline: After experiencing rapid growth during the pandemic, many edtech companies are now facing a downturn. This shift is attributed to a move from online to offline learning, which has been particularly difficult for companies that expanded aggressively during the pandemic. -Funding Issues: The sector saw a dramatic drop in funding, with year-over-year funding decreasing by 88% in 2023. While some companies like Physics Wallah have managed to secure significant funding, others struggle with cash flow and governance issues. Key Players and Their Fates: -BYJU'S: Once a leader in the edtech space, BYJU'S has faced severe financial difficulties, reportedly burning through $6 billion in funding and facing potential bankruptcy. The founder, Byju Raveendran, has relocated to Dubai amid legal troubles related to alleged money laundering. -Unacademy: This company has experienced significant leadership turnover and is exploring potential mergers or acquisitions due to stagnant revenue growth despite efforts to reduce losses. -Vedantu: After struggling post-pandemic, Vedantu's attempts to pivot towards offline learning have not yielded the desired results. The company faces challenges in regaining market relevance. -PW (PhysicsWallah): In contrast to its peers, Physics Wallah has maintained a more stable trajectory, focusing on both online and offline education. The company remains profitable and is expanding its operations. Future Outlook: The edtech sector is at a crossroads. While some believe it can recover by focusing on skill development and higher education—areas that have shown resilience—others remain skeptical about the sustainability of many existing business models. The need for unique solutions tailored to diverse educational needs is critical for future success. In summary, India's edtech ecosystem is undergoing a significant reset after a period of rapid expansion. The future will depend on how these companies adapt to changing market conditions and whether they can innovate beyond the pandemic-driven models that led to their initial success. #edtech #india #education #startups #technology #business #learning #pandemic #funding #growth #entrepreneurship #onlineeducation #physicswallah #byjus #unacademy #vedantu #futureofeducation #markettrends #innovation

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"Lightspeed Leads $150M Round in PhysicsWallah: A Boost to EdTech" Renowned EdTech platform PW (PhysicsWallah) has raised $150 million in funding headed by Lightspeed, a top venture capital firm. The EdTech industry will benefit greatly from this investment, which will also support PhysicsWallah's growth objectives. PW (PhysicsWallah) is an online learning resource that provides students with courses and instructional materials. The platform's captivating and interactive teaching strategies have helped it become extremely popular with both teachers and students. Lightspeed's investment demonstrates PW (PhysicsWallah)'s potential for expansion and its dedication to transforming the education industry. The money raised will be put towards developing new technologies to increase learning outcomes, reaching a wider audience, and improving the platform's content offerings. With this thorough justification, I can give additional details about PhysicsWallah's business strategy, point of differentiation, and future growth potential of the Indian EdTech sector. #EdTechInvestment #PhysicsWallah #StartupFunding #EducationTechnology #EdTechGrowth #LightspeedVC #EdTechInnovation #OnlineLearning #EducationRevolution #FutureofEducation

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An extremely important part of getting your brand efforts on track is by learning how to navigate the marketing wheel. We are very excited to share that this particular topic is being run by our Founder, CEO Shenaz Bapooji for selected startups who are a part of the flagship Cohort Programme hosted by Startup India . Should any growth- led startup, VC, or Accelerator want to run this ‘Marketing Path to Profitability’ series for their portfolio companies, please do reach out and we will see how we can get that going for you, as well. 😊 #marketingforstartups #vcs #accelerators #founders #entrepreneurs #marketingpathtoprofitabilty #maarg #maarginnovatorsacademy #dpiit #skyful #skyfulmarketingadvisory #cxos #brandbuilding #thebrandedge #startupindia #startupecosysten #startupsofAPac #businesssuccess #marketingwheel #brandidentity #valueproposition #positioning #startupsuccess. #IndiaStartups #CohortProgram #MAARG #Entrepernuers #DPIIT #IndianStartups #MAARGInnovatorsAcademy

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Unacademy, one of India’s prominent edtech firms, is reportedly in advanced discussions with Allen Institute for a potential merger. If finalized, the deal could value Unacademy at $800 million, a significant drop from its peak valuation of $3.4 billion. Unacademy, based in Bengaluru, initially an online-only platform for nearly a decade, has recently pivoted to include offline operations. Meanwhile, Allen Career Institute, known for its coaching centers in Kota and beyond, has faced profitability challenges amidst a dip in the Kota ecosystem's business. Read more at: https://lnkd.in/gpJfWxpJ #unacademy #alleninstitute #edtech #mergerandacquisition #startupstory

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Scaling Success in EdTech - How We Grew Monthly Ad Spend to ₹10 Lakhs While Keeping CAC at Just ₹299! Check out the detailed strategy below 👇 This success is a testament to the power of a well-executed strategy. Ready to take your brand to the next level? DM Us #metaads #paidads #cpls #performacemarkting

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Former Unacademy COO raises $11mn in seed funding for new edtech venture Sinha said that the venture would introduce Emversity, a higher education brand, launching its first centre in Bengaluru on April 20. “Our courses also come with ‘built-in income’, so candidates do not have to wait for completion of their formal higher education to earn their first pay cheque. Other features of these courses include ‘work abroad integrated’ modules and extensive placement assistance,” Vivek Sinha added. #BeyondOddsTechnologies #EmversityLaunch #SkillDevelopment #HealthcareEducation #IndustryPartnerships #EmployabilityTraining #HigherEducation #InternshipOpportunities #HealthcareIndustry #CareerDevelopment #TechNews #StartupFunding #Entrepreneurship #BusinessNews #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

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In the dynamic realm of Indian startups, edtech faces unique challenges. From one-size-fits-all approaches to interoperability issues, these hurdles require innovative solutions and strategic thinking. Let’s discuss strategies that can address these challenges effectively. Link to article: https://lnkd.in/gtD_GQ_f #EdTech #StartupChallenges GS Score Manoj k Jha

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224th CFIonZOOM Interactive - Invitation to participate. . Artificial Superintelligence (ASI) will be capable of outperforming humans in every way. . Citizens' Forum India (CFI) invites you to register* for an #interactive discussion on: . SUPER INTELLIGENCE Past, Present and Future . Date: SATURDAY, 27th JULY 2024 Time: 4:30pm to ~6:30pm IST (Extending to 7:00pm IST, if required) . Interact directly with our Distinguished Speaker: • DR. NISHEETH SRIVASTAVA Associate Professor Departments of Computer Science and Cognitive Science IIT Kanpur Former CFIonZOOM Speaker . ---- * TO REGISTER, SEND AN EMAIL TO: [email protected] ---- . Citizens' Forum India (CFI) is 'Creating An Aware Citizenry'. . CFI is an educational, apolitical, nonpartisan, pro bono Civil Society Initiative that conveys credible information directly from recognised sources to concerned citizens via virtual interactive sessions – ‘CFIonZOOM’ -- hosted every Saturday, 4:30pm IST onwards. (Since mid-April 2020 till date). . CFIonZOOM is a participatory platform. Every session sees one or more Luminary Speakers interacting directly with onscreen participants on a diversity of issues that affect our citizenry. . CFIonZOOM is End-to-End Encrypted (E2EE) for cybersecurity reasons. Recordings and screenshots are strictly prohibited and are identifiable by indelible audio-visual watermarks. . There are no political affiliations. . There are no requests for donations or sponsorships. . There are no registration charges. . . #SuperIntelligence #Past_Present_Future #AI #ArtificialIntelligence . #NisheethSrivastava #ComputerScience #CognitiveScience #IITK . #InteractWithLegends #RightToKnow . #CFIonZOOM #InteractivevConferences #NotAWebinar . #EndToEndEncryption #E2EE . #CitizensForumIndia #CFI Creating An Aware Citizenry . CFI Page: https://lnkd.in/eVapUjUP

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Byju's, once a leading EdTech startup in India, has become a cautionary tale of startup mismanagement. Its rapid expansion, fueled by aggressive marketing and high-profile acquisitions, eventually led to mounting costs and unsustainable debt. The company faced criticism for unethical sales practices and struggled as the post-pandemic environment slowed growth. Byju's downfall underscores the risks of overexpansion and the importance of sustainable growth, sound financial management, and ethical business practices for startups. Read more here: https://lnkd.in/gE4XVHaR

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Pitch Your Idea, Hit The Bouncer, And Accelerate With IIMK LIVE💡 Calling all startups and entrepreneurs! If you’re ready to pitch your idea to a panel of experts and forge your business vision, BOUNCER offers the perfect platform. This program is designed to help you refine, validate, and strengthen your idea with expert insights, actionable feedback, and the tools needed to bring it to market. But what are the perks of joining BOUNCER? - Get your ideas validated by industry experts - Get personalized guidance for growth and success - Engage in one-on-one discussions with the panel to gain advice and strategies Applications close on November 30. Refine, validate, and bring your idea closer to market. Learn more and apply at https://lnkd.in/gBk5yetQ Ashutosh Sarkar| Lijo Panichappillil| Indian Institute of Management, Kozhikode| Tittu M John| Rekha C.B| Sanghamitra Dutta Bhasin | Sreehari CM #iimklive #iimkozhikode #BOUNCER #incubation #businessincubator #startupfunding #innovation #tech #entrepreneurship #startups #seedfunding #india #successstory #startupsupport

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In today's competitive business landscape, optimizing operating costs is crucial for sustainable growth. Discover the power of Managed Services with us while minimize your expenses. You can focus on your core business while leveraging expert support and resources. Schedule a no-cost consultation call now: https://lnkd.in/gaggVZUz #managedservices #manageditservices #optimizecosts #247managedservices #itmanagedservices #msp #it #managedserviceprovider

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Edtech giant Unacademy has elevated Abhishek Pipara to Chief Financial Officer (CFO) for its offline business, Unacademy Centres. CEO Gaurav Munjal praised Pipara for his financial expertise and contributions over his seven-year tenure with the company. The offline centres focus on exam preparation for IIT JEE, NEET, UPSC, and CAT, blending structured courses with online learning benefits. This leadership shift follows Unacademy’s efforts to reduce losses by 62% in FY24, despite flat revenue. The company has seen several leadership changes in recent months, including the resignation of a co-founder and former COO. #Unacademy #EdTech #Leadership #CFO #OfflineLearning #Education #BusinessNews #LeadershipChange #EdTechGrowth

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Do you know that there are a handful of VC-backed businesses in India that are profitable? And it's even more rare to find one, that is operating in the EdTech space. You guessed it right :) We are talking about PW (PhysicsWallah)! Through the detailed guide below, we help you understand the company's initial years, what it did that clicked, and the current context. Hope you find it interesting, read on! Follow us (Career Edge) for more such content, if you found this helpful! #careers #consulting #knowledge

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Dialing out of hard phones to prospects in India? That’s why we built the India Dialer. ✅ Call using Indian ‘From’ numbers ✅ One-click dialing — no more manual dialing; get straight to the conversation. ✅ AI Insights— Let AI detect topics and outcomes, summarize calls for you and identify next steps ✅ Track outbound performance— report on call volume, connect rate and outcomes ✅ Native CRM Integrations—all call activity, outcomes and notes are logged automatically With Klenty’s India Dialer, you’ll connect with more prospects and create more opportunities. Dialing into India? Learn more here: http://bit.ly/3ZXiTJL #indiadialer #salesdialer #sales #b2bsales #salesprospecting #outboundsales #indiadialing #twilio #klenty #SDR #salesengagement

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🚨 Indian Startups Layoff Analysis 2023 🚨   The startup ecosystem in India has experienced significant challenges this year, leading to substantial layoffs across various sectors. Here are some key insights:   🔍 EdTech Hit Hard: The EdTech sector leads with 39.8% of all layoffs, highlighting the sector's struggle amidst shifting market demands.   📉 Restructuring & Cost-Cutting: Restructuring has been the primary reason for layoffs, affecting 18,760 employees, followed by cost-cutting measures impacting 8,739 employees.   💼 Company-Specific Impact:   Byju’s: 16.67% of employees laid off ShareChat: 41.18% workforce reduction   🌐 Global Context:     Meta: Laid off 13% of its workforce.   Amazon: 3% workforce reduction.   X (formerly Twitter): A massive 80% cut in employees.   Google: 6% reduction.   Microsoft: 4.5% workforce laid off.   These numbers highlight significant shifts in the tech and startup sectors, driven by economic pressures and changing business strategies.   #TalentRecruit #IndianStartups #startups #Layoffs2023 #tech #TechIndustry #StartupEcosystem #Layoffs #Restructuring 

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Razorpay's Harshil Mathur on what shapes culture: Your first few hires become your feedback loops. What you do and don’t do with that feedback defines your culture. More on scaling Razorpay soon in a chat with Peak XV MD Ishaan Mittal! #peakxvinsights #insidesurge

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