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Truth Bomb on Indian EdTech

Was interviewing a lady for augmenting specific skills I need at a project I am currently running.

I asked her for details on where she was working at, and her answer verbatim:

"Waise to ye coaching class hai but owner isko Ed Tech bulaate hai."

20mo ago
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ZestySushi
ZestySushi
EY20mo

Depends on the company tbh. Scaler and all are what I would call coaching classes, but what about cos like upGrad which make university degrees accessible and affordable?

SwirlyTaco
SwirlyTaco
Stealth20mo

Not tarring everyone with the same brush, but the reality is there is very little Tech in most EdTech.

SqueakyQuokka
SqueakyQuokka
Microsoft20mo

These are ecommerce marketplaces for courses, so definitely closer to Ed tech than coaching centres.

MagicalQuokka
MagicalQuokka
Stealth20mo

They do it to get their valuations done at software company multiples while being a coaching centre

SwirlyTaco
SwirlyTaco
Stealth20mo

True! SaaS style metrics, methods and structure.

WigglyDonut
WigglyDonut
CityMall20mo

So true Especially now with this wave of Edtech -> Offline Ed (Masters Union, etc.)

It's not really EdTech anymore, EdTech is dead

SwirlyTaco
SwirlyTaco
Stealth20mo

DedTech

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