News Corp VCCircle Education Investment Summit 2018
Education is at an inflection point in India, with technology holding the promise of facilitating quality learning at low cost. In a country that has a large population and poor education standards, the significance of this promise cannot be lost on anyone.
According to industry estimates, by 2030 there will be more than 300 million children in the age group of 4-17 years and an estimated youth population of 140 million ready for higher education. Stakeholders cannot shrug off the responsibility of making quality education accessible to this large population. Technology may hold the key to how to make it possible.
As the country’s internet user base grows to an estimated 550 million by 2020, technology-enabled education solutions will constitute a significant portion of the projected education market opportunity. By industry estimates, the digital education market will touch $5.7 billion in two years.
Entrepreneurs and investors - both private equity and venture capital - have already started to address this opportunity. Between 2015 and now, technology-enabled education businesses - commonly known as ed-tech businesses - across the spectrum have raised close to $1 billion from a multitude of investors.
The ed-tech opportunity is currently playing out across five broad market categories - pre-school, K12, higher education, vocational skills development and executive learning.
A number of ed-tech businesses have started to cater to these segments with services such as supplemental online content, after-school tutoring, test preparation, corporate training solutions, enterprise resource planning (ERP) solutions for schools and even Internet of Things (IoT) and virtual reality (VR) solutions that offer smart education systems.
The adoption of technology, however, is not without challenges. Besides, education remains a highly-regulated sector and while disruption through technology is inevitable, scaling such businesses is likely to take a long time.
Is education merely a philanthropic pursuit or does it lend itself to good business opportunity? Is there a conflict between the two? Where are the real gaps in the sector and what can stakeholders do to plug them? Where and how is technology making a difference?
At News Corp VCCircle’s Education Summit, entrepreneurs, investors and other stakeholders will delve into these and various other aspects of education in India.
08:30AM - 09:30AM
Registration and Networking
09:30AM - 09:45AM
Opening Address by VCCircle
09:45AM - 10:00AM
Keynote Address by Guest speaker
10:00AM - 10:45AM
Panel 1: Learnings from investments in education
Investing in education is lucrative as the returns are handsome but it takes patience to reap the rewards. Alongside long-term commitment, what are the other risks and rewards of investing in education? Which segments are more promising currently and why?
10:45AM - 11:25AM
Panel 2: New frontiers
From executive programmes to professional learning platforms, upskilling & reskilling initiatives to certification programmes, there are new frontiers opening up in the professional education space. What are the various offerings and is the opportunity lucrative enough for investors to bet their money on?
11:25AM - 11:40AM
11:40AM - 12:20 PM
Panel 3: Disrupting K12
Even as India is celebrated for world-class educational institutions such as IITs and IIMs, its K12 system remains in a sorry state. Flawed teaching concepts, a shortage of good teachers and teachers in general, old and irrelevant curriculum, and a poor teacher-to-students ratio are all factors contributing to the dismal state of affairs. What will it take to fix the K12 system?
12:20PM - 13:00PM
Panel 4: Waiting for the next Unicorn
There are several experiments underway in the ed-tech space across pre-school, K12, higher education, vocational skills development, and executive learning platforms. Do these startups have the potential to break into the unicorn club?
13:00PM - 13:20PM
Fireside Chat: Lessons from the master
What does it take to start, build and scale up an ed-tech platform from scratch?
13:20PM - 14:20PM
14:20PM - 14:40PM
Fireside Chat: Education, a philanthropic pursuit?
Several not-for-profit enterprises have come forward to plug the gaps in the education ecosystem, especially catering to those at the bottom of the pyramid. What inspires such enterprises to take the plunge in a sector that is riddled with problems? What challenges do they face? What are the returns they seek?
14:40PM - 15:00PM
Special Address: Steps in the right direction
The central government has launched programmes such as Skill India, Atal Innovation Mission, Unnat Bharat Abhiyan, and National Skill Development Mission to give a boost to education and skill development in the country.
It is also focusing on new financing models for the higher education sector. What results have these initiatives produced so far? Are there any collaborative efforts that are being worked upon?
15:00PM - 15:50PM
Panel 5: Say hello to the new teacher
A deep dive into how adaptive learning mechanisms and artificial intelligence, robotics, machine learning, virtual reality and blockchain are being used to make delivery and teaching a more efficient and rewarding experience.
End of Conference
Date: Dec 20, 2018
Venue: Westin Gurugram