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Edtech firms bet on upskilling, higher education amid funding gloom

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Edtech firms bet on upskilling, higher education amid funding gloom

The Indian edtech industry is expected to see more investments in upskilling, higher education, and test preparation sectors, driven by strong demand. Despite a funding downturn caused by the pandemic, investors and experts remain optimistic about the sector's growth potential. Companies like Upgrad and Emeritus, with their lucrative business models and focus on income orientation, present attractive opportunities. Although the sector faced challenges in the past year, including funding cuts and cautious investor sentiment, it remains ripe for growth due to the preference for digital-first learning and the integration of artificial intelligence into education. However, K-12 education continues to struggle due to offline-online-offline shifts.

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