Increasing Internet Penetration, Emergence of New Age Technology in EdTech Products & Increasing Competition for both – Education and Employment has Stimulated Growth in the India EduFin Industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit January 2022 | India News India Edufin Market at a Nascent Stage: Just as demonetization acted as a catalyst for the Fintech industry, India EdTech Industry has been accelerated with COVID coming into the picture. Now, both of these sectors coming together in collaboration making the EduFin sector. This sector is still at a nascent stage, and is yet to see products designed specifically for it. What we are witnessing currently is a mere use of FinTech Lending space providing access to consumers to only a personalized EdTech space using consumer data points. However, in the coming 5-10 years, core technology like artificial intelligence, machine learning, automation, and others is going to disrupt both EdTech and FinTech platforms in a massive manner. When these two sectors will be disrupted individually, EduFin in turn will also be disrupted in a massive manner – with products being designed specifically for this segment. The credit score, currently is determined only by looking at the CIBIL score – which is not relevant in a country like India where less than 20% of the population have access to formal credit. Hence, new products which will look at the capability of the individual and provide financing based on that will be included using core technology. Regulatory Challenge in the Market: Looking at the recent China EdTech regulations, one comes to think what if India EdTech faces a similar regulation hit by the government as well? The current EdTech and FinTech regulations are still very uncertain and are evolving. Real time changes in the regulatory scenario will need to be incorporated considering the dynamism of the industry. Another challenge in the current market scenario is the high level of fragmentation which further leads to a high level of competition in the market place. Moreover, while dealing with technology, the risk of data leaks can never be left behind. Due to the lack of clear data protection protocols and regulations, there also exists a lack of trust in the online space – especially in tier 2 and tier 3 cities. Request a Free Sample to learn more about the report: Click here Impact of COVID-19 on India EduFin Market: Despite the adverse effect of COVID on all businesses and the Indian economy, the online education sector in India has been on an ever increasing run. The pandemic has positively impacted the growth of the EdTech market but has led to unsurmountable amount of losses in both business and employment. Hence, liquidity in Indian households became limited, resulting in a boom in the EduFin market. Digital education was already becoming an emerging trend in India, but the onset of COVID-19 acted as a catalyst and accelerated the call to action. Parents and professionals, who were initially vary of online education, were left with no choice but to adapt to this mode of education to cope up with the increasing competition. In a fast paced world filled with technological advancements and automations – every individual is looking to learn more new skills and hence stay relevant in the professional world. Even the competition in the world of education has increased to such an extent, that the aspect of ‘fear’ has started to play in the mind of parents and students – resulting in choking the child’s schedule to make them an all-rounder right from the early days, hence taking up more and more courses. Analysts at Ken Research in their latest publication “India EduFin Industry Outlook to FY’2026 – Driven by High Adoption of EdTech sector and Increasing Investments from Venture Capital Firms” observed that the EduFin (EdTech financing) market in India has a great potential to grow supported by the EdTech industry in the high growth stage in the country. Covid-19 outbreak has further accentuated the growth of the market by shifting all – urban and rural, students and professionals, rich and poor, on online education platforms to continue their learning and development and staying relevant in the industry. India EduFin Market is expected to grow at a CAGR of 44.1% on the basis of loan disbursed over the forecast period FY 2021 – FY’ 2026. Key Segments Covered India EdTech Industry: By Type of Course K-12 Supplementary Education, Test Preparation Online Higher Education Upskilling/Reskilling Courses India EduFin Industry: By Type of Course K-12 Supplementary Education, Test Preparation Online Higher Education Upskilling/Reskilling Courses, EduFin Companies Covered Eduvanz Propelld Bajaj Finserv Liquiloans Zest Money Early Salary Capital Float GyanDhan com LenDenClub Rupee Circle Lendbox i2iFunding LazyPay Avanse Key Target Audience Ed-Tech Companies Independent Investors Venture Capital Firms Universities Corporate Training Companies Government Ministries Fintech Companies Time Period Captured in the Report Historical Period– FY’ 2016 – FY’ 2021 Forecast Period– FY’ 2021 – FY’ 2026 Key Topics Covered in the Report India EduFin Industry Overview India EdTech Market Growth & Size Customer Cohorts and their Needs India EdTech players Cross Comparison Government Initiatives India EdTech Industry Segmentations India EduFin Ecosystem – By Type of Companies India EduFin Market Introduction – Definition India EduFin Customer Profiling India EduFin Industry Size FY’2016-21 India EduFin Industry Segmentations Cross-Comparison of Major EdTech Players Cross-Comparison of Major EduFin Players SWOT Analysis of India EduFin Industry Trends & Developments in India EduFin Industry Relationship Model of EdTech Players Case Study – Byju’s and Capital Float RBI Regulations – NBFC – Digital Lending Setting up as an NBFC NPA regulations and how to protect downside Future Market Size and Segmentations, FY’2021-2026F Covid-19 Impact on India EduFin Market Analyst Recommendations Related Reports India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future India Experiential Learning Market Outlook to 2025- Driven by Growing Awareness About Early Childhood Development Backed by Availability of Popular Kids-Friendly Themes Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 18 Tags: Competition Landscape of India EduFin Industry, Covid-19 Impact India EduFin Market, Cross-Comparison of Major EduFin Players, Customer Profiling for India EduFin Market, EduFin Industry Analyst Recommendations, EduFin Industry In India, EduFin Market, EduFin Market In India, Government Initiatives EduFin Industry, Government Initiatives to Promote EdTech Industry, Higher Education EdTech Market Competition, India Education Loan NPA, India EduFin Industry, India EduFin Industry Relationship Model, India EduFin Industry Research Report, India EduFin Industry Speaks, India EduFin Loans Market for Online Higher Education, India EduFin Loans Market for Reskilling Courses, India EduFin Loans Market for Test Preparation, India EduFin Loans Market for Upskilling Courses, India EduFin Market, India EduFin Market Analysis, India EduFin Market Competition, India EduFin Market Demand, India EduFin Market Future Outlook, India EduFin Market Growth, India EduFin Market Major Players, India EduFin Market Research Report, India EduFin Market Revenue, India EduFin Market sales, India EduFin Market Share, India EduFin Market Size, India EduFin Market Trends, India EduFin Research Report, India Higher Education Learning Market, India Test Preparation Learning Market, India Upskilling & Reskilling Courses Market, Industry Research Report Of India EduFin, K-12 EdTech Market Competition, Market Research Report Of India EduFin, New Trends & Initiatives India Education Finance, NPA under Education Loans, Regulations for FinTech Companies, Setting up NBFC in India, Strength of India EduFin Market Players, SWOT Analysis – India EduFin Industry, Test Prep EdTech Market Competition, Upskill-Reskill EdTech Market Competition, Weaknesse of India EduFin Market Players