By Sanjay Salunkhe
India’s ed-tech industry is making a strong comeback, showing signs of recovery through upcoming stock market launches and smart changes in how companies operate. Firms like Jaro Education, Imarticus, and Physics Wallah are preparing to go public, which shows that investors are regaining trust and the sector is growing steadily.
Jaro Education has submitted papers to raise around Rs 570 crore for its growth. Physics Wallah is also planning to raise $500 million and has already filed its paperwork. These moves highlight the strength and potential of the ed-tech sector to bring in large investments.
According to a 2024 report by RedSeer Consulting, India’s ed-tech market is expected to grow at a compound annual growth rate (CAGR) of 17% over the next five years. The study also notes a rising demand for hybrid learning and skill-based courses, especially among working professionals and college students. This shift is pushing companies to redesign their content and delivery methods to stay relevant.
Lessons from the past
The ed-tech industry grew rapidly during the COVID-19 lockdowns, but faced setbacks once schools reopened. This showed how important it is to grow in a balanced way. Now, companies have become smarter, adjusting their plans to focus on long-term success rather than quick wins.
Hybrid learning brings stability
Many ed-tech firms are now offering both online and offline learning options. This blended model has helped make the sector more stable. For example, Jaro Education has reduced costs to attract students while improving its services. These flexible learning options suit the needs of today’s students who want both convenience and quality.
Investor confidence and economic boost
With this renewed stability, investors are once again putting money into the sector. For instance, Eruditus recently raised $150 million in a funding round and is now valued at $3 billion. Experts believe that if this trend continues, India’s ed-tech market could grow to over $10 billion by 2029.
In short, the ed-tech sector in India is bouncing back stronger, thanks to smarter strategies and hybrid learning models. With upcoming IPOs and growing investor interest, it’s set to play a big role in shaping the future of education in the country.
The author is Chairman and Managing Director at Jaro Education.
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