Competition
What Budget 2021 can do for startups: If you start em up, well never stopedit
The Economic Times – Online Web
Be it through cost reductions, agility to pivot, reimagine and refocus, or by retaining investors’ support, entrepreneurs endured the crisis quite creditably. Some like Unacademy, Nykaa, Postman, Razorpay, and Cars24 even joined the unicorn league.
India’s consumer internet market saw swoosh-shaped recovery in 2020; to hit $250B GMV in 2025edit
The Financial Express – Online Web
The Swoosh-shaped recovery is somewhere between the V and U-shaped recoveries. India’s teeming consumer internet market, which has the majority of the country’s unicorns such as Paytm, Byju’s, BigBasket, Nykaa, Lenskart, etc., was able to recover beyond the January level in Gross Merchandise Value (GMV) terms by the end of 2020.
Covid deepened inequalities: wealth, education, genderedit
The Indian Express – Online Web
Over the past year as education shifted online, India saw the digital divide worsening inequalities. On the one hand, private providers such as BYJU’s (currently valued at $10.8 billion) and Unacademy (valued at $1.45 billion) experienced exponential growth yet, on the other, just 3 percent of the poorest 20 percent of Indian households had access to a computer and just 9 percent had access to the internet.
Industry
Reduce GST on EdTechedit
The New Indian Express – Bangalore
The pandemic has caused a paradigm shift in education and also in the way we work. There is a need to give special focus to education and jobs in 2021. More than 32 crore students were affected as schools and colleges remained shut for most of last year.
Need more fundingedit
The New Indian Express – Chennai
As the COVID-19 pandemic struck, government schools and colleges faced obstacles due to the lack of resources to transition to online learning. Overcoming such unprecedented situations calls for timely and technology-driven interventions like providing free smartphones and gadgets. This requires proper funding.
How AR, VR and AI technology is making education more accessible postCovidedit
The Print – Online Web
Educational technology or edtech entered public consciousness over the past year as the COVID19 pandemic moved learners young and old out of the classroom and into the virtual world of remote education.
Addressing Right Fit, Flexibility, Friction: Candidate discovery mantra for MSMEs, startups post-Covidedit
The Financial Express – Online Web
Many startups across verticals such as health care, financial services, digital marketing, and Ed tech, have seen a surge in the demand for their core products and services during the pandemic.