Is the Edtech sector in the country going to be regulated?
By MYBRANDBOOK
Digitalization is on its peak and the development in EdTech has provided teachers and assessors with far greater access to data on individual achievements and progress. Online platforms, new learning formats and mobile applications have vastly improved access to education. It is enhancing the learning process as well. The online and cloud technologies in EdTech standards also bring exciting standardization possibilities for content.
However, experts feel that the lack of a regulatory framework in India along the lines of the General Data Protection Regulation (GDPR) in Europe could impinge on the privacy of students who now use educational technology (EdTech) apps for learning. Since the onset of the pandemic, online education has replaced conventional classroom instruction. This has spawned several EdTech apps which have become popular. Schools and colleges have been able to move their content delivery, engagement and evaluation from offline to online and ensure minimal academic disruption.
This exercise has forced teachers to become facilitators in learning rather than being content providers. The EdTech apps have the advantage of being able to customize learning to every student in the system. Among the edtech sub-sectors, K-12 education startups with $4.3 Bn in total market size will have the single highest market share - 41% of the total edtech market in India. Taking into account that the pandemic has brought plenty of momentum for edtech adoption in India, the market size of edtech in India is estimated to grow 3.7x in the next five years, from $2.8 Bn (2020) to $10.4 Bn (2025).
The concern is, many education technology companies prey on underprivileged parents by force-selling courses, with this the privacy of students who use EdTech apps for learning is at risk. As there is no regulatory frameworks been defined, the firms are using the resources as the open cast mine and experts are raising voices calling upon the government to regulate the sector.
Sources said, these companies deliberately employ predatory marketing practices and then signing them up for loans without knowledge or consent. This practice is in fact so thoroughly ingrained in certain companies' practices that they have partnered up with lending companies to push unsuspecting parents to debt traps. Secondly, consumer complaint forums are full of complaints by helpless parents about being auto-debited each month despite repeated requests to cancel and the poor quality of content being received by their children.
There is also news that certain Edtech companies have also signed partnership with NITI Aayog to promote their agenda across the country, with this the present education system is getting disrupted.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Acer addresses evolving customer needs by consistently pushing
Acer offers a comprehensive range of products under one roof, including des
Alcatel-Lucent Enterprise Carrying a 100 year legacy ahead
A good amount of R&D works and global support services are operated out of
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
ALPHAMAX TECHNOLOGIES PVT. LTD.
LAVA INTERNATIONAL LTD.
ZOHO CORPORATION PVT. LTD.
STERLITE TECHNOLOGIES LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Arundhati Bhattacharya
Arundhati Bhattacharya serves as the Chairperson and CEO of Salesforce...
ICONS OF INDIA : SHAILENDER KUMAR
Shailender Kumar is senior vice president and regional managing direct...
ICONS OF INDIA : SUNIL BHARTI MITTAL
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
PARTNER SPEAKERS
PSU
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
EESL - Energy Efficiency Services Limited
EESL is uniquely positioned in India’s energy sector to address ener...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
