January 25, 2022

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The World Stock Markets Tips & Targets, News, Views & Updates

Predatory practices of ed-tech firms: time to teach the booming sector some regulatory lessons?

A kid studying online through a mobile phone in Mumbai, IndiaA kid studying online through a mobile phone in Mumbai

Synopsis

Along with the spectacle of India’s booming ed-tech sector that is delivering unicorns, social media is also inundated with complaints of how ed-tech firms are using predatory sales techniques to mis-sell educational products. At the receiving end are hard-working middle-class parents who are simply looking for their kids’ bright future. Is it time the sector is regulated?

Nidhi Bahuguna, Aniruddha Malpani, and Pradeep Poonia. Not many are aware of these names, but those who follow India’s booming ed-tech industry are well-versed about what weight these names carry. Congress MP Karti Chidambaram took these very names in Parliament’s winter session last year while speaking about the problems of India’s booming ed-tech industry. Now, Parliament knows how Bahuguna, Malpani, and Poonia have helped highlight some

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