Hiya. It’s Brady again.
The world’s two most populous nations approach education and edtech in different ways. Chinese regulators, as you know if you follow our coverage, have nearly wiped out the edtech industry in the country.
The Indian government, on the other hand, may shore up the sector by implementing policies that favor edtech providers. Broader acceptance among the general population also makes it easier for edtech services to diversify and develop at broader scales.
Amit Ratanpal, the founder and managing director of BLinC Invest, told us that he expects India’s edtech sector to attain a USD 30 billion value by 2030. A lot can change between now and then; more imminently, that number will likely be USD 3.5 billion by 2022.
Moulishree’s article about these projections is packed with data. You can read it here.
Daily Roundup
New Oriental edtech arm Koolearn to suspend after-school tutoring services.
Insurtech firm Igloo’s chief commercial officer on making insurance affordable through digitalization.
Banking enablers and banking-as-a-service.
Japan drone maker’s flying motorcycle to hit the skies next year.
Alibaba Entrepreneurs Fund / HSBC JUMPSTARTER 2022 webinars to be held November 1 to 3.