Friday, 24 March, 2023

Edtech start-ups raise a record $2.2 bn in 2020

<p>Edtech startups in India have raised a total $2.22 bn in 2020, according to a report by Indian Private Equity and Venture Capital Association and PGA Labs. These startups, so far, have raised a total of $4 bn since 2016. Byju&rsquo;s and Unacademy topped the list with a total of $2.32 bn and $354 mn, respectively. Followed by Vedantu at $206 mn, Toppr at $107 mn, and Lead School at $39.4 mn. B2B edtech firms raised a total funding of $31 mn between 2017 -20.</p> <p>&nbsp;</p>