India’s EduFin market is expected to reach ₹ 31,000 Cr by 2026 owing to Government Initiatives such as SWAYAM & Diksha. Will the projections justify the growth rate? : 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 The industry will be witnessing a CAGR of over 40% with government taking care of the pain points & expanding the market horizon, says a report by Ken Research 1. Demanding Reforms: India’s Vast Education Market Calls for Continuous Development Click to Read Full Article: India EduFin Industry India has a population of over 1 Bn with over 26 Crore students just at the school level. Every year over 8 Mn College Going Students require skill development to be Job Ready. There is a continuous need for summer training programs of <2 months (8 weeks) and career programs of 3-5 months for interview prep, finding internship opportunities and resume building is a necessity for college going students in order to get employed. When it comes to PG students, annually 4.5 Mn people pursue traditional PG Programs (MA, M.Com, MSc, MBA, Ph.D) who require constant job placement support and corporate-ready skills. Out of total corporates; 32 Mn working professionals feel the need for continuous part-time Specialized Up-skill courses. Job professionals are also interested in upskilling themselves to climb up the corporate ladder, indicating a dire need for reforms in the Edtech & Edufin Market in order to fulfil the increasing demand. 2. “Government & Consumer interest:” The Edufin market in India has seen a buzz in recent years as people resort to education loan schemes. Request a Free Sample to learn more about the report: Click here With one of the world’s fastest-growing economies, India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. When it comes to education market, Students and parents are being more in favour of SNPL, zero-cost, and seamless pay-later solutions in the edufin market. In contrast to traditional choices, there is a rising number of unique customer-centric education finance programs. Additionally, PMVLK is a one-of-a-kind platform for students looking for education loans. It offers students a single-window electronic platform for information access and prepares applications for Educational Loans and Government Scholarships. This program seeks to include all banks that offer educational loans. This government effort is anticipated to help students across the country by providing a single point of entry to various Educational Loan Schemes offered by all banks. Moreover, in the last 18-24 months, a new trail of startups, digital lenders, and NBFCs have attempted to enter the education finance space by offering flexible loans at low or zero interest rates, admissions, and career counselling support, and a ‘Study Now, Pay Later’ option – an extension of FinTech’s popular ‘Buy Now, Pay Later. 3. New reforms by the Government & Entry of new startups alongside a digital wave are expected to be witnessed by the EduFin Market in India. Visit this Link: – Request for custom report India’s EduFin market is expected to reach in the next 5 years owing to the adoption of EdTech sector. Education reforms in the form of the National Education Policy (NEP 2020) is expected to democratize education helping India achieve its goal of 50% Gross Enrolment Ratio by 2035. Moreover, entry of new startups in the EduFin sector is likely to be witnessed, backed by debt financing from VC firms. Tie-ups with EdTech companies expected to create a stronghold in the industry. Furthermore, the emergence of FinTech companies in the education sector will augment the spread of digitization in the country by promoting more and more people to embrace high-quality education. All in all, the market is expected to register a robust growth rate in the upcoming years. 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