Bhatia observes increasing traction from tier-2 cities for online courses in technology
The Indian EdTechs industry, expected to be worth US$30 billion in 10 years, has continued to thrive in 2021 with a phenomenal growth across domains to accelerate learning outcomes, thanks to increased internet and smartphone penetration, a shift toward digital learning, and the need to upskill.
According to a report by transaction advisory firm, Mumbai’s RBSA Advisors, the Indian EdTech industry is expected to be worth $30 billion in the next 10 years.
In the last one year, the sector has witnessed a new creed, applied learning, which means courses are curated on the principles of learning through practical application rather than theory, according to a report by transaction advisory firm, RBSA Advisors.
This has helped students gain a broader perspective and shape their worldview through hands-on skills. Moreover, the use of technology in education has given students access to global quality academicians, industry experts, and seamless flexibility, allowing them to learn in an agile learning environment that nurtures and encourages work-study-life balance.
In the process, the EdTech sector has broken down geographical barriers and made education more accessible. We have observed an increased traction from tier-2 cities for online courses in technology, with a focus on reskilling or upskilling, said Gaurav Bhatia, Chief Business Officer at Pune’s RISE WPU.
“This trend is expected to gain further momentum in the coming year. Besides this, there has been an increase in the number of women enrolling in such courses. We are encouraged by the number of women who are upskilling and reskilling in order to enter the tech workforce,” he said.
“In fact, as part of their diversity and inclusion initiatives, several technology companies are mobilising significant efforts to improve gender parity in their workforce, particularly at the top.
The EdTech revolution has empowered students and career-changers with applied learning opportunities and will continue to shape the education sector significantly in the coming years, said Bhatia.
RISE WPU works in collaboration with MIT World Peace University and is an online campus offering innovative, technology-first, industry-relevant and affordable PG programs and certifications for young professionals
RBSA Advisors, founded in 1971, is a leading independent Transaction Advisory firm with service offerings including Valuation, Investment Banking, Restructuring, Transaction Services, Transaction Tax, Risk Consulting and Dispute & Litigation Support. With a team of more than 250+ professionals, we are spread across 9 offices in India, Dubai and Singapore. fiinews.com
