Online supplementary education for K12

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Online supplementary education for K12
Online supplementary education for K12
K12 (Kindergarten through secondary education)
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education
Education Technology
Business Model Description

Low-cost, mobile-based B2C (Business to Customer) software solutions in the vernacular to improve literacy and numeracy outcomes

Scalable B2B (Business to Business) software solutions to improve literacy and numeracy outcomes in low-cost private schools and public schools.

Expected Impact

Using digital platforms, improve ubiquitous access to K12 educational tools and course materials in vernacular languages to improve literacy and numeracy outcomes for students from lower and middle income households.

How is this information gathered?
Updated: 26 Dec, 2022 Date of Production: 1 Nov, 2020
India
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
The total PE/VC investment in the Education sector by end of 2019 is estimated to be around USD 500 million. (1.26)
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9) Reduced Inequalities (SDG 10)

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Sector Sources
  • (1.4) https://unesdoc.unesco.org/ark:/48223/pf0000373718/PDF/373718eng.pdf.multi (1.5) https://data.worldbank.org/indicator/SE.PRM.ENRL.TC.ZS (1.6) http://data.uis.unesco.org/# (1.7) https://niti.gov.in/writereaddata/files/Strategy_for_New_India.pdf (1.8) https://thewire.in/labour/nearly-81-of-the-employed-in-india-are-in-the-informal-sector-ilo (1.9) https://niti.gov.in/writereaddata/files/Strategy_for_New_India.pdf (1.10) https://www.bbc.com/news/world-asia-india-33550853 (1.11) https://www.prosperity.com/rankings (1.12) https://data.worldbank.org/indicator/SE.PRM.ENRL.TC.ZS (1.13) https://mhrd.gov.in/nep-new (1.14) https://www.india-briefing.com/news/investing-indias-education-market-after-covid-19-new-growth-drivers-20330.html/ (1.15) https://economictimes.indiatimes.com/blogs/et-commentary/reinventing-indian-workforce-in-times-of-covid-skill-development-holds-the-key/
IOA Sources
  • (2.1) https://www.business-standard.com/article/economy-policy/fewer-children-out-of-school-but-basic-skills-stay-out-of-reach-study-119011900784_1.html (2.2) http://data.uis.unesco.org/# (2.3) https://data.worldbank.org/indicator/SE.PRM.ENRL.TC.ZS (2.4) http://social.niti.gov.in/edu-new-ranking (2.5) http://udise.in/Downloads/Publications/Documents/U-DISE-SchoolEducationInIndia-2015-16.pdf (2.6) https://www.entrepreneur.com/article/249006 (2.7) https://tech.economictimes.indiatimes.com/news/internet/byjus-swings-to-profitability-in-fiscal-2019-revenue-almost-trebles/72857182 (2.8) https://entrackr.com/2020/01/byjus-returns-to-sequoia-til-zuckerberg-promoters/ (2.9) https://www.businessinsider.in/business/startups/news/mark-zuckerberg-and-priscilla-chan-got-7x-return-on-investment-from-byjus/articleshow/73411830.cms (2.10) Stakeholder Consultations (2.11) https://economictimes.indiatimes.com/industry/services/education/world-bank-arm-seeks-independent-investigation-into-educomp-bankruptcy/articleshow/64088000.cms?from=mdr (2.12) https://redseer.com/reports/edtech-in-india-an-omidyar-network-india-redseer-report-2019-20/ (2.13) https://www.ibef.org/industry/education-sector-india.aspx (2.14) https://unitus.vc/wp-content/uploads/2017/09/Unitus-Seed-Fund-Edtech-Report-Executive-Summary.pdf (2.15) https://ccs.in/sites/default/files/attachments/faces-of-bps-in-india-report2018.pdf (2.16) https://assets.kpmg/content/dam/kpmg/in/pdf/2017/05/Online-Education-in-India-2021.pdf (2.17) https://www.business-standard.com/article/companies/byju-s-turns-profitable-in-8-years-gears-up-to-enter-us-in-a-big-way-119053100043_1.html (2.18) https://www.ibef.org/download/Education-and-Training-June-2020.pdf (2.19) https://www.ibef.org/industry/education-sector-india.aspx (2.20) https://swayam.gov.in/about (2.21) http://ficci.in/spdocument/20385/ey-ficci-report-education.pdf (2.22) https://www.ibef.org/download/Education-and-Training-June-2020.pdf (2.23) https://www.startupindia.gov.in/content/sih/en/government-schemes/samridhi_fund.html (2.24) S&P Capital IQ data (2.25) https://www.oecd.org/officialdocuments/publicdisplaydocumentpdf/?cote=EDU/WKP%282019%293&docLanguage=En