Katya Naidu09 Jun 2023, 10:48
Indian edtech companies are facing increasing competition from large universities, foreign and local, adopting hybrid models. The sector is looking towards generative AI for innovating with newer business models, although there is divided opinion amongst experts of its impact. VC funding in general has been slow and is a significant area of concern for edtech firms. The rising costs of competition from offline players adopting hybrid models is also posing a challenge. The only way forward, experts suggest, is to unlearn and relearn to keep up with the changing times.