Mushroom growth of edtech start-ups brings potential risk for the children's

Mushroom growth of edtech start-ups brings potential risk for the children's: The edtech market is estimated to grow 4X in the next five years, from $2.8 Bn (2020) to $10.4 Bn (2025). With growing adoption during the lockdown months, edtech services and products are expected to have an addressable base of 37 Mn-plus paid users by 2025.

 

India has the world’s largest population of school-going children - 265 million. That number will rise substantially if higher education is thrown into the mix. With schools and colleges shut because of the coronavirus outbreak, online education companies are stepping in to fill the breach. It’s an opportunity worth billions.

 

With the outbreak of Covid-19 in India, followed by lesser state-specific and local lockdowns in 2021, though, private and public schools have struggled to facilitate classes with the limited number of online resources available. The Education sector is now one of the biggest targets for cyber attacks, particularly since the start of the COVID pandemic in 2020.

 

Naturally, this opened up new frontiers for edtech startups in the Indian market, especially the ones looking at the enterprise or B2B segments. The educational sector is continuing to attract the attention of cybercriminals on the internet, according to new research from Kaspersky....Read More