Fear and Loathing in Emerging Markets: The EdTech Farce

Cautionary tale or deep-tech innovation

Every other day, there is a news splash of the latest EdTech company raising capital, merging with someone and acquiring the “next big thing”. One of the hottest tweets circling around is — “————- buys IIT Bombay.” The most obvious question is whether financial activity correlates with innovation and impact?

Another popular tweet from a few weeks back i…