EdTech has the power to address gaps associated with traditional learning such as lack of practical and simulative experiences. Recent advances in creative learning areas such as Adaptive Learning, Social Learning, Immersive learning (AI, AR, VR), and virtual labs is democratizing and enhancing learning.
Creative learning is the new buzz in the Indian EdTech scene. Creative learning techniques are a major breakthrough in education to train learners in a safe and engaging environment.
Research on the adoption of these methods and technologies has proved that creative learning can enhance the learning due to the multi-faceted and/or multi-sensory experiences they provide. Creative learning includes a plethora of offerings, primary of which are:
Accelerated by Covid-19, education has entered a new era where tech enabled learning delivery aims to make learning engaging, democratic and personal. In such a scenario, more educators have adopted creative learning to give an experiential twist to learning.
Creative learning offerings can serve four immediate purposes:
Creative learning is very relevant to India with a young population that needs better, engaging, and accessible forms of learning for high-end science, research, and skill development programs.
As India has nearly 800 million smartphone users and such technologies work on most smart devices, the potential to scale is huge.
The Indian government is aiming to modernize education with schemes like RISE, with technologies like AI and VR. The allocated budget is around Rs 1 lakh crore (~ DKK 950B).
Adoption of creative learning has grown in sectors like EdTech, Manufacturing, Healthcare, and Retail to support product development, training or marketing. India’s largest e-commerce firm launched “Flipkart Labs” to enhance e-commerce through AR. Some of Denmark’s ‘hottest’ EdTech companies in Creative Learning are already active in India with few partnerships and several ongoing discussions. Innovation Centre Denmark has collaborated with some of them to increase their reach and brand presence in India.
In collaboration with the tech giant Meta, India’s largest school board aims to train 1 million teachers and around 10 million students in AR, VR in the next 3 years.
India has 3,000+ startups in AI and nearly 200 startups each in VR and AR. Indian startup “Tagbin” digitized the Pradhan Mantri Sangrahalay (Prime Minister’s Museum) at an estimated cost of Rs. 300 crore (~DKK 250M) by using technologies like AR/VR.
Most investors are from large VC funds and corporates. Indian AI startups raised US$ 836M in 2020, as per AIM Research. The Indian AR and VR market is forecasted to reach US$ 14B in 2027, from US$ 1.83B in 2020, as per IBEF report.
Please reach out to Mr. Prashanth G.V. at email@example.com for any inquiries. We offer our services to corporates, SMEs and academic partners looking to dive further into EdTech.