After staying away from Indian edtech startups for a year, GSV Ventures is warming up to the Indian market again, according to Deborah Quazzo, managing partner of the US-based venture capital firm.
GSV Ventures, which invests solely in edtech companies worldwide, is set to ink two new deals, including one in India, which is expected to be announced in 2025, Quazzo told Mint.
Despite a positive outlook for the Indian market, the venture capital firm refrained from making any new investments in Indian edtechs during 2024, limiting its activity to a follow-on investment in Physics Wallah.
It had invested about $90 million in over 10 Indian startups, including Physics Wallah, Classplus, Lead and AdmitKard, till February 2023, Mint reported earlier.
To be sure, India's edtech sector has faced two challenging years, marked by dwindling investor confidence as post-pandemic demand for online learning faded, mounting losses from aggressive growth strategies, and the downfall of the industry giant Byju's.
この記事は Mint Kolkata の December 19, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Mint Kolkata の December 19, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
PSUs lock horns with pvt firms for IIT talent
India's state-run companies are going head-to-head with private tech to consulting giants to snap up talent from the nation's top engineering colleges this year, reflecting the desire among government-owned firms to strengthen and diversify their employee pool.
TVS Credit eyes bid for Avendus Capital
Mizuho, Nomura, Carlyle in race; deal may be finalized in Jan
One Mobikwik up 90% on debut
Shares of fintech firm One Mobikwik Systems Ltd had a dream stock market debut on Wednesday, ending with a huge premium of 90%, against the issue price of ₹279.
MR POONAWALLA GOES TO BOLLYWOOD
Thirsty for growth, Bollywood's studios have been wooing non-film suitors, like the vaccine tycoon, for funding
Include pantos on your holiday to-do list
If holiday travels take you to Britain, indulge in vibrance of the pantomime
A new play weaves a story of love, longing and deceit
A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive
Cricket stories that read like tales told in a pub
Maxwell, also nicknamed 'The Big Show', dedicates 16 pages to the match against Afghanistan in the 2023 World Cup
An image makeover for palm oil would be good for us
The ecological impact of this affordable oil is lower and health benefits greater than often portrayed
Can the Xi-Trump 'bromance' be revived? Else, ties may fray
Cordiality between the two leaders would favour both countries
Refrain from judicial overreach: It'll strengthen India's judiciary
The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results
