Over 2,000 startups in edtech sector shut shop in past five years

India’s once-thriving edtech sector is witnessing a significant downturn with 2,148 startups having shut operations in the past five years, according to data shared by Traxcn exclusively with Business Standard.

Edtech platforms, which witnessed unprecedented growth during the pandemic-induced lockdown, continue to face funding slowdown, shifting market needs, and operational challenges post-pandemic.