EdTech 2018-10-12

Why EdTech Startups Fail?

EdTech is one of the emerging educational sectors in India.

By Features Writer
Why EdTech Startups Fail?

Indian educators are constantly trying to walk hand in hand with the innovations happening in the industry. It’s like a tough riddle which the educators are constantly trying to crack. Indian educators are trying to create a positive environment for learners of all ages, well equipped with technologies and equipment.

A lot of factors are responsible for the low success rate of EdTech startups. Here are a few which have been observed by experts in the education startups over the years.

Business Model

Most of the educators fail to mark their presence as they lack in a proper business plan. Often, a proper business plan acts as the key to the bright future of a business. Every day, we are witnessing new startups and education franchises emerging.

A proper business plan will help you to stand odd, earning quick profits. Never compromise with quality as today’s generation is starving for quality and experience.

Have patience

Don’t expect the success to come early. Every beautiful thing requires time which is essential. Have patience and plan accordingly. Plan and research about the various technologies which are going to be used at your venue, and how can they educate the learners.

Don’t forget that survival is the key. Therefore, if you want to build your career in this sector, remember to cover the journey with the right reasons.

Identify your users

Young franchises or startups face most of the difficulties in this industry. Experts claim that the young set of customers can’t be sustained for a long time. You can never calculate your growth as an educator based on the first set of customers.

It is the next set of customers which is central. They have faith in you yet are skeptical. If you are able to assure them and deliver right, you are heading in the right direction. Also, feedback from the users should be taken note of as it can help you refine your model further.

star franchise india
Related opportunities
  • Clinics & Nursing Homes
    Dr. Harish Kumar is a Trustee and the Tech. Director..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2021
    Investment size Rs. 50000 - 2lac
    Space required 40
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Healthcare Products
    Healthy Hey is committed to creating world-class supplements. Their supplements..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 20
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Quick Service Restaurants
    The Organic Place is an Unique & Exotic concept which..
    Locations looking for expansion Andhra pradesh
    Establishment year 2021
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Telangana Andhra pradesh
  • Casual Dine Restaurants
    About Us: Mamu’s Infusion is a highly-popular and renowned fine dine..
    Locations looking for expansion Rajasthan
    Establishment year 1990
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

ads ads ads ads