India’s edtech sector was the poster child of pandemic-era capital.
$4.8B poured in at peak hype in 2021, but just $600M in 2024 shows how quickly sentiment flipped. As investor focus shifted to profitability, many edtech startups couldn’t make the grade.
Deal counts are at a decade-low, and the funding environment remains tight.
The market’s moved on, and edtech is learning that scale without retention doesn’t score anymore.