India, Feb. 14 -- Owing to a large number of edtech startups reaching scale, Gradeup cofounder Shobhit Bhatnagar thinks the past 18 months have been the golden era of edtech startups in India. Bhatnagar's startup is one of a slew of online learning platforms that have earned success with the high demand for test prep startups as well as online certification platforms. It's a good time to be an edtech startup in India.

The use of technology for imparting knowledge is not new to India. The first wave of edtech hit the country around 20-25 years ago with the adoption of smart boards and ERP software to manage day-to-day tasks in schools. From then to now, as per DataLabs by Inc42 estimates, there are a total of 4,450 edtech startups operati...