Global Venture Play

Global Venture Play

After Byju’s collapse, this AI tutor startup is getting 1 new user every minute.

20k students, 444% MoM growth.

Jay Lee's avatar
Jay Lee
Oct 21, 2025
∙ Paid

Quick Summary

  • Sector: AI / EdTech

  • Stage: Pre-revenue | Approaching PMF

  • Traction: 20,000+ users | 13.5% conversion | Getting 1 new users every minute

  • Recognition: Top 7% in WTFund Accelerator | SRM & Geetanjali partnerships

  • Model: Conversational AI tutor — “learn by talking, not typing”

  • Opportunity: India’s $29B education market is shifting from content to conversation and EaseLearn is leading it

The Sector Indian startups ruled once and now lost…

Two years ago, India had the most valuable edtech startup in the world.
Byju’s( $22 billion in valuation.)

Let’s not talk about where they are now…😁

But back then, something incredible happened for once, an Indian sector didn’t just catch up with the West… it led.

India became the second-largest education market on earth.
And unlike fintech or e-commerce, edtech was the only category where
an Indian company set global standards in both scale and valuation.

Why?

Because there’s one thing Indian families never compromise on — education.

Parents here will skip vacations, delay a car purchase, even stretch their budget…but when it comes to their children’s learning, they don’t think twice.

Here’s the story what DATA tells:

  • As of 2023, India had over 4,000 edtech startups and five of them
    were unicorns (Byju’s, Unacademy, Physics Wallah, upGrad, Vedantu)

  • Between 2014-2024, Indian edtech startups have collectively secured more than $11.2 billion in venture funding across over 700 deals, making it one of India’s most highly-financed tech sectors.

  • More than 2,100 edtech startups shut down between 2020 and 2025. That’s over half the industry — gone within five years.

What went wrong?

It’s not a lack of money. It was a lack of market understanding.

Three mistakes the first wave of indian EDTECH made:

1. They sold dreams, not development.
Every brand promised better marks, better colleges, better futures.
They weren’t helping kids think better but just score better.
It became about selling outcomes, not building understanding.

2. They built content, not connection.
Billions went into video libraries, recorded classes, and live lectures
but no one asked whether a child actually learned anything.
It was one-way learning. Students watched, never interacted.

3. They optimized for growth, not curiosity.
Aggressive sales teams, high CACs, zero retention.
Instead of nurturing learners, they churned through customers.
The market collapsed the moment parents stopped trusting them.

Education was never broken because of content. It was broken because no one focused on the experience of learning.

No space for curiosity. No room for conversation.

When they scale the platform. No system that listened when a student said, “I didn’t understand.”

This is the biggest gap in the Edtech Market right now.

For the last decade, Indian edtech was obsessed with content.

Every teacher knows learning happens when students ask questions. Yet no platform ever tried to replicate that. The missing link in Indian edtech isn’t more content…It’s conversation.

This is what Easelearn AI is trying to solve.

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