top button
    ISpark Community
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration

EdTech companies were the favourite Investment Destination for 2016 with $323 Mil

+2 votes

While this was a noticeable increase compared to funds raised by EdTech sector in 2015 (which was USD 223 Mil) the funding was warped by how narrow the portfolio was. 26 deals covered the entire funds spent including just four companies taking in USD260 mil (over 70%) mostly well established businesses raising advanced round. Byju's walked away with the biggest haul with USD 150 mil and Narayana Group raising USD 60 mil and Jain Group raising USD 35 mil. While it is a good sign that family owned business groups from traditional education space are re-structuring to become start-up savvy and spinning off new entities to attract start-up capital, it also shows how investors are being either ultra-careful with their funds and not necessarily taking on pure play start-ups with higher risk. There is almost no innovation-driven up start that has attracted funding in the space - and most of it appears to be safe guaranteed return type investments targeted at growth. Full article here: 

posted Dec 28, 2016 by anonymous

  Promote This Blog
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

Related Blogs
+1 vote

There are greater things to be achieved in every New Year, and each and everyone must prepare themselves to be great, not by words of the mouth, but by a lot of sacrifices. – Michael Bassey Johnson

+1 vote

EkStep Foundation signs an MoU with Educational Initiatives to collaborate on improving comprehension and absorption abilities of students by providing them with learning tools. The aim is to ensure education is based not on rote learning but a deep understanding of concepts.

"Our thrust is on nurturing a system wherein conceptual learning is given importance, as opposed to rote learning. We will focus on effective learning outcomes. We will be able to identify when a child is unable to understand an idea, understand where the problem lies, and subsequently provide him or her with better guidance" said, Srini Raghavan, CEO, Educational Initiatives.