In a generation, there are expected to be two billion new learners around the world. Traditional education systems cannot scale to meet the demand for higher levels of education and continuous upskilling.
They also face several challenges, including spiralling costs, geographic constraints that hamper access, uneven quality of staff and content, and rigid systems that cannot be personalised and customised.
Technology has the potential to address these challenges by democratising, digitising, curating and personalising education. Prosus identified the Edtech opportunity in 2016. Our early investments enabled us to learn more about different business models and Edtech platform economics to capitalise on the sector once businesses started to scale.
Prosus has invested in companies across the spectrum from K-12 and higher education to workforce and lifelong learning. We focus on workforce learning, investing around $3bn in businesses that operate within workforce learning and development.
