In this tech-driven era, there is no denying the fact that innovations in technology have touched our lives in every possible way. Be it communication through WhatsApp and Skype, navigation through Google Maps, grocery shopping through Big Basket or booking cabs through Uber – technology is ruling our lives today, quite literally.
The education sector, too, has been touched by technology in many ways. A few months ago, QED, a Chennai-basedtech startup, performed an experiment with about 100 to 150 students to see how students responded to learning from bots as compared to learning from human teachers. The results of the experiment only consolidated the claim that ed-tech is a plausible thing for a country like India, since about 60 per cent students performed better when their doubts were cleared by bots instead of human teachers.
KPMG and Google had released a joint report in mid-2017, stating that online education in India is likely to grow from its current $247 million mark to $1.96 billion by 2021. The report is no big surprise, given the fact that about 2,400 ed-tech startups were set up in 2012 alone, and the number increases by 200 new ones coming up every subsequent year since then.
The advancements in technology are surely transforming the Indian education sector. With an unprecedented move in the 90s, the first ed-tech venture Educomp Solutions brought on a whole new take on education. That first jolt on the education arena has now expanded into a full-fledged industry – where the first venture by Shantanu Prakash created a scope for change in the regular classroom through Smart Classes.