Edtechs' Budget wishlist: Lower taxes, higher funding, greater incentives

Struggling with drying investment, dealing with cost cutting, the sector hopes Budget eases the pain

The education technology (edtech) sector, once a darling of investors, has seen a downturn in form. At the peak of the pandemic, edtechs took over as a key source of education, after playing second fiddle to offline classes for a long time.

With the pandemic subsiding in the latter part of 2021 and schools reopening, the sector saw its revenues take a hit. And 2022 added to its woes. A number of edtech start-ups such as Udayy, SuperLearn and Lido shut shop, and many others resorted to cost-cutting measures, including firing their employees.

So, the sector is watching the forthcoming