The field of Education in the last two decades has seen a sea of changes. The advent of online education has redefined the meaning, structure and practice of education. The structural, pedagogical changes have affected teaching-learning process, assessment and roles of the institutions. Online education has been touted to democratize education because of its “easy access”, learner centric approach, flexibility of time, unrestrained space, hybrid/blended learning with special emphasis on skill acquisition and employability. With so much of hype and promises around all the statutory bodies, central, state and private universities have embraced online education resulting in a boom of Ed-tech companies. The Covid Pandemic accelerated the process. What has been the impact of online education? Can it replace the traditional classroom learning? If traditional classroom is truly replaced what will be its implication? Has online education as flattered by Ed-tech companies lived up to its expectations? The article tries to throw some light on the same.