Building It Up With Bertelsmann

8: Ashwin Ajila and Pankaj Bansal on the big billion opportunity in solving India's employability problem

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Synopsis

While globally there is a large scale fear that automation will replace jobs and humans, India- the country with world's largest youth population- has a bigger problem, that of employability. For far too long, the traditional education system and regulations haven't kept up with the fast-changing business needs, thereby making graduates less employable. With some promising startups coming-up in the education tech space, green shoots of growth are beginning to be seen however, a lot of ‘patient’ capital coupled with deep understanding of edutech and its scalability, is the need of the hour. On one hand while Edtech startups are making the workforce job-ready, on the other hand startups in HR space are effectively deploying mechanisms to help workforce cope with the changing workplace dynamics. From L&D to hiring for Gig economy, HR Tech startups are developing one-stop solutions to all HR-related challenges of companies. In this episode, we have Ashwin Ajila from India’s largest virtual university iNurture