New Data Protection Law & it’s Impact on EdTech

In India, the EdTech industry has grown rapidly in the last several years. Some believe that this is just the beginning and that there is much more to come. Byju’s, an Indian start-up valued at USD 18 billion, is the most valuable Indian start-up to date, according to the most recent figures. This year has seen a large number of educational technology start-ups become Unicorns. According to this data, India’s educational technology market is growing rapidly. As a result of the epidemic, educational technology (particularly online learning platforms) grew at an astronomical rate.
Businesses in the EdTech sector are exempt from education rules since their primary focus is on technology. In other words, this does not mean that they operate in an unregulated environment. In addition, there are other more laws that they must follow. Data protection laws in India include the Information Technology Act, 2000 (IT Act), the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Regulations, 2011, as well as other similar regulations. India’s current data protection system is likely to be radically altered by the Personal Data Protection Bill (PDP Bill), which has not yet become law.