I have been privileged enough to be a part of an ed-tech accelerator and also get access to business plans in the Edtech space due to our seed fund.
There have been some excellent pitches made which, I believe, are definitely going to create a positive impact within the learning space in India.
The only question that I have for the founders is scale. What do they think scale in India is — is achieving scale possible, what are you doing to make sure you get there.
Most, infact more than 90% of the answers to the above question are despairingly unsatisfactory.
Just to give you an idea of the scale that India Higher Education represents
According to the 2014–2015 AISHE Provisional Report, there are now 757 universities; 38,056 colleges; and 11,922 standalone institutions in the country.Close to 400 Million Indians fall in the college going age 15–35.
Everyone is aware of the problems that the H.E. system faces and also that technology can play an important role in addressing these . Now is the time to act — the next 10–15 years are going to define the country and education for the masses is key.
The founders, funders, mentors have to think and act keeping the eye watering vastness of the problem at hand. There cannot be a city, taluka, college based approach — it HAS to be across the country.
Thinking Scale is the only way to reach the goal. The vision of the edtech players should be reaching 50 million -100 million people over time.
I strongly believe that even if few of these startups think beyond the obvious, it will create a lasting impact on the H.E landscape.