How pandemic has brought changes in edtech sector

The Covid-19 crisis has been a major catalyst in enhancing the learning process not just for students and educators, but for investors as well

Topics
education | Online education | EdTech

Sukanya Roy  |  New Delhi 

What is

To begin with Educational technology is simply the combined use of computers (that is the technological processes) and educational resources to facilitate learning and help improve students' academic performance.

Investment

Although online via platforms has been around much before Covid-19, the crisis has been a major catalyst in enhancing the learning process not just for students and educators, but for investors as well. Student enrolments and investments into the sector have both surged rapidly. has garnered investments worth $1.1 billion in 2020, its highest-ever annual tally and four times over last year. And a big surge in revenue during pandemic period has also helped convert customers faster, and investors expect that the trend will continue as users get comfortable with digital learning.

The last few months have been quite action-packed for technology company Byju's. The Bengaluru-based firm leads the table which raised nearly $1.12 billion in four tranches from January 2020 to September 2020 from celebrated investors like Mary Meeker and Yuri Milner, and now from US private equity firm Silver Lake, Tiger Global, General Atlantic, Owl Ventures and DST Global. has raised 150 million dollars from soft Bank, Nexus Venture, General Atlantic, etc.

Reasons for this major shift to online learning

Over the past few months, as students are confined to home, digital has evolved as the only way to continue learning. Also, full-scale return to schools doesn't look plausible in this academic year, it will continue to push online as a main medium of instruction especially for primary and secondary levels. But will this technology stick once students go back to school? Studies on the efficacy of online as a medium for school teaching are still emerging. Even though schools will reopen, supplemental and remedial learning will continue to grow online.

Listen to the podcast for more

Read our full coverage on education
First Published: Wed, September 16 2020. 13:08 IST

How pandemic has brought changes in edtech sector

Long Queues As Coronavirus Testing Crisis Hits UK

Long Queues As Coronavirus Testing Crisis Hits UK

Health Secretary Matt Hancock said that fixing the system would take weeks and that health workers, care-home workers and school children and their parents should get priority for tests.

Long Queues As Coronavirus Testing Crisis Hits UK

People queue up at a test centre in Southend-on-sea, Britain. (Reuters)

Southend-on-sea:

Amid growing anger over a bottleneck in Britain's creaking coronavirus testing system, the government promised on Wednesday to do whatever it takes to boost laboratory capacity that has left people across the land with no way to get a COVID-19 test.

In an attempt to slow one of the highest coronavirus death count in the West, Prime Minister Boris Johnson promised in May to create a "world-beating" system to test and trace people exposed to the virus.

But repeated attempts by Reuters reporters to get COVID-19 tests failed, while at a walk-in testing centre at Southend-on-Sea in eastern England hundreds of people were queuing to get a test - some from as early as 0500 GMT.

"Laboratory capacity has been an issue, we are working our way through that," Justice Secretary Robert Buckland told Sky News.

"We'll do whatever it takes to make sure we have that capacity," he told BBC TV. "We know where the pressure points are, we are piloting new walk-in test centres."

Health Secretary Matt Hancock said on Tuesday that fixing the system would take weeks. Buckland said health workers, care home workers and school children and their parents should get priority for tests.

The chairman of parliament's health committee, Jeremy Hunt, said testing capacity would have to be significantly boosted so that everybody could have a test.

"If that sounds a long way out - if we roughly quadruple the testing capacity that we're currently planning, not 500,000 a day, but 2 million a day, you would be able to test everyone in the population once a month," Hunt said.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)