News Roundup: Edtech Startups On Consolidation Spree, WhatsApp's Privacy Woes & More
India, Jan. 16 -- Consolidation of a variety of offerings under a single brand is on the cards this year, as experts have predicted that two of the best performing sectors for the Indian startup ecosystem in 2020 - edtech and fintech - will drive the possibility of India seeing the emergence of 'super apps'.
As bigger players get bigger through multi-million dollar funding rounds and towering valuations, the smaller ones will eventually realise that they're fighting a lost battle, and look for an exit. Hence, more mergers and acquisitions are expected to be seen in the edtech and fintech sectors this year. In fact, even in 2020, Bengaluru-headquartered edtech startup Unacademy was one of the winners amid the gloomy pandemic, as it entere...
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