| |SEPTEMBER 20224In Sector 7, HSR Layout, there is an iconic building accommodating Mcdonald's on the ground floor and Dindigul Thalappakatti restaurant on the second. But on the top floor, you can see a prominent digital signage saying 'BYJU'S Tuition Center.' The commuters often wonder what the world's largest edtech platform is doing above these two restaurants. Well, not only BYJU'S, but almost all other edutech platforms are now building brick-and-mortar tutoring centers--wherever they can.After two years of explosive growth, sparked by school shutdowns in the aftermath of the pandemic, India now hosts six edtech unicorns. Remember, there was only a single edtech unicorn before March 2020 nationwide lockdown. They joined Byju's, which got there in 2017 and is now the world's most valuable edtech startup. But the situation has changed. The revival of in-person teaching with schools and universities once again opening their doors and the monetary authorities making their move to curb inflation, causing easily accessible capital to dry up, have forced yet another change in the edtech segment. Byju's, along with other leading Indian edtech companies, are not only cutting jobs and marketing costs but are also desperately looking for new growth avenues, resulting in them investing in brick-and-mortar tutoring centers. The message for edupreneurs & edtechpreneurs is lucid--you need to crack the physical story to grow in the Indian edtech ecosystem. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comGoing Offline is the New Going OnlineEditorial Vol 04 · Issue 5 - 1 · September, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Design Asokan S V Girish M VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Sthitaprajnya Panigrahi Roopalatha H Tanuja Akkanavar Shirly Pabisha T
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