Services replaces edtech as most popular sector among student founders: Campus Fund report
student founders in the country has changed from edtech to services for the first time since 2021, Campus Fund said in its latest report.
The study had findings shared in the third edition of ‘the State of Student Entrepreneurship,’ for which Campus Fund evaluated 4,800 student-led startups across the country in 2023.
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The percentage of student-led startups offering services in 2023 increased significantly from 1.71% to about 12%, the report said.
Services offered by these student-led startups range from digital marketing and search engine optimisation to event management, web and application development, amongst others.
“With the cost of higher education rising, students are looking for ways to earn money while still pursuing their academic goals. Starting a service-oriented business allows them to do just that, providing a flexible and potentially lucrative way to earn money while still in school. Moreover, the rise of the gig economy and the increasing demand for
