Indian educational technology companies, popularly known as ‘edtech’, have built up a war chest over the past few years and are looking to expand their global footprint, especially in the US, while keeping their costs on a tight leash by running operations from India, Nikkei Asia reported.
Education startups, including Scaler, Byju’s, Emeritus and Simplilearn, attracted $8.5 billion in investments during 2014-2021, with almost half of that last year, the report said, citing figures from data firm Tracxn.
Read the full report: Nikkei Asia.
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