As edtech firms lay off virtually 2,000 staff and unicorns open offline centres, Unacademy CEO Gaurav Munjal has mentioned that “opening just a few centres shouldn’t be linked to edtech failing — correlation just isn’t causation”.
“There are 100+ assessments that learners write starting from JEE and NEET to UPSC to USMLE. When learners are younger, they like a hybrid strategy somewhat than pure offline. When learners are comparatively older then they like pure on-line,” he added in a Twitter thread.
Munjal mentioned that Unacademy’s PrepLadder has over 20 per cent market share in NEET PG and never a single learner needs to go offline. Nevertheless, issues are completely different in JEE and NEET, the place learners need to exit and fogeys additionally need them to exit.
“Extra self-discipline is required not like NEET PG learners the place the intent to self-learn is extraordinarily excessive,” he added. The Unacademy CEO mentioned that edtech is right here to remain and he’s extra bullish on it than ever.
Transfer by different edtech companies
Main gamers like Byju’s, Unacademy, and PhysicsWallah have forayed into offline or hybrid studying fashions. Even upskilling start-ups like Imarticus Studying, Stoa Faculty, and Scaler have integrated components of offline of their course buildings.
Scaler has partnered with co-living start-ups to supply customised dwelling house (Scalerverse) to its learners however courses proceed to occur on-line. Stoa Faculty has began experimenting with city-wide meetups and three-day residency programmes however its core medium of educating nonetheless stays on-line.
June 24, 2022