Edtech startups: From perk to necessity

Edtech startups: From perk to necessity

The closures have placed unprecedented challenges on governments to ensure learning continuity on teachers, students and parents.. The only viable solution has been e-learning, paving the way for a boom in education technology (edtech) startups.. Back in 2017, just $2 million was invested in edtech startups in the region, but as schools looked to upgrade their system and incorporate more technology into their curricula, the level of investment rose to $21 million by the end of 2019.. The number of edtech startups has also increased, on Magnitt's database there were just 270 listed on the platform in 2017, but this has now exceeded 800 edtech startups as investors seek opportunities that are proving to be "pandemic-resistant".. While the schools are using a standard LMS [learning management system], the parents are working and cannot sit next to young children all day to go through a scanned textbook, print it, take pictures of their child's learning progress and send it back to teachers," says Lakhani. ". "We had some schools who we were not able to reach before, now coming to us after realising the importance of edtech solutions," says Kayyali.. Governments in the GCC embraced the technological progress of public