Byju’s raises $75 million from Sequoia, Sofina
According to Vishal Pereira, managing director at financial advisory firm CreedCap Asia Advisors, ed-tech is a difficult market to crack as retaining students requires very high quality content.
“People are trying to create interesting content such as videos explaining various concepts. Such content creation requires a lot of investment as these videos can run into the thousands,” he said.
However, once you have created that content, one can move into various geographies as the basic concepts remain the same, he added.
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