CURRENT AFFAIRS

Detailed explanation-1: -Detailed Solution. India’s education tech startup ‘Dost Education’ bagged a $25,000 tech prize along with 2 other winners from Tanzania and Egypt. The Next Billion Edtech Prize 2019 recognises the most innovative technology destined to have a radical impact on education in low income.

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: -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.