What is hurting the IT giants are the rising rates of interest being announced by central banks around the world including the US Federal Reserve and the Reserve Bank of India (RBI), macro economic uncertainties i.e. concerns surrounding an impending recession and global pressures.

Recently, the Indian online gaming industry has been under fire, largely due to the reports of gross and service taxes (GST) evasion, cryptocurrency fraud real-money gaming and the fear of gambling within the sector

The video post by WhatsApp about a New Year eve livestream depicted the globe that showed an incorrect map of India with regard to Jammu and Kashmir. IT Minister Rajeev Chandrasekhar called out WhatsApp over the distortions in the map of the country, he also warned that "all platforms that do business in India and/or want to continue to do business in India, must use correct maps".

Gamification and Web3 Learning, export of Indian edtech services, shift from ‘extracurricular’ to ‘life as a CV’, education emerging from communities, hybrid model of learning, verticalised upskilling, digitization of schools and more consumer centric presence will form the key themes for the edtech companies in the future as per ‘Indian Edtech in 2022’ report by Blume Ventures, which has backed edtech startups such as Unacademy and Classplus.