3 AI startup ideas in Edtech to leverage the rise of live online classes due to COVID-19
Startup ideas in Edtech using state-of-the-art Computer Vision and Natural Language Processing.
Online tutoring in the K-12 (kindergarten to 12th grade) space isn’t new. There are unicorns like Yuanfudao (k-12 education) and VIPKid (English Learning) based on online video tutoring in China. There is Vedantu in India that is catering to online tutoring. Singapore has a few smaller players like Tenopy serving in the same space.
Because of the rise in online classes due to COVID-19, a lot of these startups have reported higher signups and some of them picked up big cheques from investors in recent times. Investors have FOMO ( Fear of missing out), hence as soon as they sense that there will be a rise in certain sectors they try to act fast.
Today we will see a few ideas that could potentially be turned into new startups catering to the rise in online video tutoring/classes.