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Bengaluru leads Indian EdTech funding amid dip in 2023 – The Hindu

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Bengaluru leads Indian EdTech funding amid dip in 2023 – The Hindu

 

The Indian EdTech space saw a 48 percent dip in funding from 1 January to 7 August 2023 compared to the corresponding period in the previous year.  Bengaluru, however, took the lead in terms of total funds raised in the sector to date. The details were released in a report by market intelligence platform Tracxn.  The EdTech India – Feed Geo Report noted that EdTech start-ups in Bengaluru raised a total of over $8 billion as of August 7, 2023, followed by Mumbai ($2.5 billion) and Gurgaon ($497 million). Total funding dips The total funding this year for the period stood at $971 million as against… 

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