BlinC Invest issues its first Early Childhood Care & Education Report 2021

India, 27th July, 2021: BlinC Invest, a venture capital company focused on Edtech and Fintech startups in India, publishes its first Early Childhood Care & Education Report 2021. The report dives deep into the crucial aspects of the Indian education sector and shares a glimpse of tech-driven solutions and investment driving the success of the market.

India?s Education and Edtech market is the 2nd largest in the world for e-learning (after the US), with an overall size of $100 Bn in 2019. The market is divided into three broad categories- Early Childhood, K-12, and higher education, all offering skilled learning opportunities to churn out well-rounded students. Owing to over 216 million children aged under 8 years and a low enrollment ratio, the report states that Early Childhood Care and Education (ECCE) is a huge untapped market in India, with an estimated market potential of $9.5 Bn and a recorded CAGR of 17% in the last 10 years. Even the rollout of the new education policy has expanded the scope of pre-primary education in the country and provided a regulatory tailwind.

Commenting on the release of the report, Amit Ratanpal, Founder & Managing Director, BLinC Invest, said, ?The educational sector of our country hasn?t received much traction in the last few years. Our Early Childhood Care & Education Report identifies key gaps in the same and proposes Edtech start-ups to play a greater role and instill digital technologies to revamp the traditional side of Indian education and prepare children for a better future?.

The report classifies all Edtech startups under four key sectors in Early Childhood Edtech that aims to map a new beginning in India?s education sector. Starting with Aspiration, which works towards increasing the awareness of extracurricular activities among children and has a market size of $360 million. Then comes Engagement that has the prime purpose of keeping children constructively occupied and has a market size of $2.3 Bn. Learning, with a market size of $6.5 Bn, focuses on the long-term skills development of children between 6-8 years. Finally, there are Ancillary services that intend to introduce software-based learning in the existing pre-schools/schools/universities in India and operates with a market size of $300 million.

The report also underlines a few whitespace business models with a high possibility of success in India (Digital Storybooks, Cognitive Skills, Online Learning Channels, Language Learning - English & Foreign Languages, Teacher Training, Educational Content Providers, and a few others) based on scrutiny of the Indian startup ecosystem, global funding details, market size and potential growth.


About BLinC Invest

BLinC is one of India?s leading venture capital companies. It is committed to funding the country?s emerging EdTech and FinTech start-ups focused on building a better tomorrow by harnessing the power of technology and innovation. Headquartered out of Mumbai, BLinC is the brainchild of Amit Ratanpal and RK Rangan, who have 60+ years of collective global experience in mastering investment management. With eight successful business establishments, investments of over 300 Crores in 25 companies, and eight successful exits in their portfolio, they provide unwavering support to platforms and an influential global network to create remarkable value in a business.

User :- Rahul Mohanto

Email :-rahul@value360india.com