India’s startup ecosystem is entering a more mature—and arguably more consolidated—phase. Two parallel developments are increasingly shaping the narrative: the emergence of a dominant edtech duopoly and the aggressive expansion strategy of gaming major Nazara Technologies. Together, these trends highlight a broader shift in how capital, scale, and strategy are redefining the country’s digital economy.
The Rise of an Edtech Duopoly
After years of hypergrowth fueled by pandemic-era demand, India’s edtech sector is now witnessing consolidation at an unprecedented scale. What was once a crowded and competitive landscape is rapidly narrowing into a two-player dominance, with leading platforms a
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