Edtech going beyond the news 📰

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Dec 11 2020

Edtech going beyond the news 📰

#139:

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A few months back I'd written a newsletter saying that Edtech in India is on fire.🔥
Clearly, with schools being shut in India for over 10 months now, 2020 has been the year for education technology companies.

Edtech has been in the news for many reasons, right and wrong this year.
But how much of this is a temporary trigger boosted by COVID-19 and what will really endure when things return to normal?
That still remains a big question for many.

To debunk this question, we are hosting a roundtable discussion with Deepak Ananthakrishnan (Chief Customer Officer- Stones2Milestones), Saurabh Saxena (Founder and CEO Uable), Mridula Shridhar (CoFounder Kreedo Early Childhood Solutions), and Anshul Gupta (Founder and CEO Yellow Class).

The discussion will be moderated by Debleena Majumdar

Edtech beyond the news: The temporary and the permanent shifts.

During this talk, we will drill down into the following:

Edtech beyond test-prep: The major monies in K12 Edtech has been in test-prep or in after school tuition, especially for Math and Science and now, coding. How much of this will sustain? Is there an emerging opportunity for the areas you are working on: life-skills, reading, etc.
Edtech beyond tall promises: We have seen a lot of that this year in a pull between investment-led turbo-charged growth and increasing backlash from parents. How important will gaining the trust of parents be while building Edtech solutions if the ones that are polarizing are seeing such high growth?
Edtech beyond tech: Once schools reopen, what will be emerging shape of K12 Edtech? Will there be increasing unbundling of solutions?
Edtech beyond installs: The intent-action gap in learning is clearly leading to low conversions and completion rates. A lot of companies this year have been focusing on reach and onboarding customers. Where's the real shift in engagement and learning outcomes?
Edtech beyond acquisitions: This year has seen multiple acquisitions in Edtech in many cases, a landgrab strategy playing out. As more consolidation takes place, where do you see the need for deep product focus?
Edtech beyond 2020: Last but not the least, if we crystal ball to 2021.

If you're free and keen on learning more, join us tomorrow at 4 PM IST

ज्ञान

🏎 Why Edtech Players Have Their Valuations Growing At Breakneck Speed

The beginning of 2020 was a big bang year for the edtech startups in India. Last week, Bengaluru-based edtech startup Unacademy saw its valuation touch $2 Bn after a funding round led by New York-based investment firms Tiger Global and Dragoneer Investment. This was a 38% markup from its $1.45 Bn valuation just two months ago when Unacademy raised $150 Mn, led by Masayoshi Son’s SoftBank.

🥫 No More Secret Sauces, It Is Time To Build In Public

The Future of Work is a series that chronicles macro changes, trends and real-life experiences that affect the workforce as we tread uncertain times. It is aimed to dig deeper and build a point-of-view around popular and contrarian topics around work. Imagine a Michelin star chef sharing her secret recipe with you, a movie star revealing casting secrets or finding a note by Da Vinci decoding Mona Lisa's smile. There are some secrets we are all curious about but are better left unsaid, or are there?

⛴ How to Escape a Sinking Ship (Like, Say, the 'Titanic')

LET’S SAY YOU traveled to London, England, in 1912, and bought a ticket on the RMS Titanic for its maiden voyage. But you’re a frugal time traveler, so you elect to travel third class (only £8!).

That would place you on F deck, six levels below the lifeboats, and mere tens of feet from the starboard hull, which a 1.5 million ton iceberg punctures open at 11:40 pm on April 14, 1912.

Eighty-four years later, a scientific expedition to the bottom of the Northern Atlantic ocean recovered a chronometer from the bridge of Titanic. It stopped the moment it hit the water, at 2:11 am.

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