CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the education technology startup which won the Next Billion Edtech Prize.
A
Vedantu
B
BYJU’s
C
Boosters
D
Dost Education
Explanation: 

Detailed explanation-1: -Dost was awarded for its ability to empower parents to take charge of their child’s early education.

Detailed explanation-2: -The edtech startup space in 2022 Rising demand from tier II and III cities will drive growth in the sector making it worth $10.4 billion by 2025. As per an industry estimate, there are over 4,450 edtech startups in India currently.

Detailed explanation-3: -In India, edtech funding has grown from $0.2 billion five years ago to $3.8 billion and 18 percent of global investments in 2021.

Detailed explanation-4: -The EdTech apps business models that include educational applications for children as well as organizational learning – have built to become an extremely profitable (for creators) and appealing (for investors) models for businesses throughout the years.

Detailed explanation-5: -Edtech startups can offer ads during a course to cover its cost. As producing courses and offering them online costs money, ads are a great way to showcase more courses to your existing customers in the form of ads or offer other third-party related product ads to them.

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