India’s new-age edtech companies, which grew rapidly in 2020 during the first wave of the pandemic, are continuing to grow inorganically this year by quickly acquiring companies, spurred by a rise in remote learning and online education because of the continuing pandemic scare and partial lockdowns. India got three new unicorns, or unlisted companies with valuations of at least $1 billion, in the edtech space in 2021, taking the total number of edtech unicorns in the country to five. These startups have cumulatively acquired 21 companies in 2021, spending a total of about $3 billion.