24/05/2022
In my opinion,the edtech market in Bangladesh currently has reached saturation point.It means a bubble is forming right now,very soon it will burst.After that the top platforms are gonna stay & the smaller one's gonna vanish.As the market has a lot of competition & students are divided in many groups revenue isn't as high as it was used to be.So,don't think that you can just easily enter the market and earn money & buy your dream house,car etc.Also don't think that you can just enter and get funding also if you get funding you still need to make a profit for the long run.The market is far more competitive & smaller than what it was used to be, its not just about quality product, if you want to sustain,you should think long term.You should have a budget/cash flow that can fund your journey for minimum of 1 year.In this 1 year,you should focus on building up a permanent student/customer base.My advice, its not a part time thing to do, teaching private batches isn't an edtech,an edtech platform is much more than that.If you really wanna enter this market make sure to take this as a 24*7 job.
Lastly, this market is gonna grow,so best of luck for the new edtech platforms.
