India, Nov. 21 -- The edtech firms in India are shifting their business model significantly. Several years of funding deceleration and raising of major players such as Byju's have led to many looking to a new model: hybrid learning, upskilling negotiations, and university tie-ups. The IPO of PhysicsWallah is being regarded by most people as a milestone that might restore the sector.

The edtech world experienced a funding winter in recent years. Inc42 reported in 2024 that Indian edtech startups had only raised 568 million dollars and that the amount of deals had decreased drastically. Meanwhile, Byju's, who was a market leader, failed amid financial pressures and this jostled investor confidence to its roots.

Since the downfall of Byju'...