EdTech companies in India have been in the news recently for various reasons. Due to the lockdown, they’ve had the opportunity to truly shine.
Today, India’s EdTech industry is the second biggest in the world and it is simply rising. The industry experts expects that the industry will touch $3.2 billion by 2022. It is one of the areas that has seen rapid growth in the pandemic. During the lockdown schools and coaching classes had to depend on technology to resume teaching.
Here’s a list of the trending EdTech companies in India marking their strong presence across the country.
Marquee investors like Sequoia Capital, Tencent, Chan-Zukerberg, etc, financed BYJU. Mr. Byju Raveendran started BYJU’S in 2015.
It focuses on school children and offers their courses and subjects easy to understand with the use of animation. BYJU’S majorly centers on Math and Science, and currently has 3.5 crore students registered for the courses.
It is one of the fastest-growing Edtech companies in India promoted by the Superstar Shahrukh Khan. The app has an average usage of more than 1 hour per student. It has the app on PlayStore as well as Apple Store.
Toppr is a Mumbai-based EdTech startup founded in 2013. It offers customized learning from different boards to different streams. The company is more popular for its test series for various exams. Also, now after raising the funding in 2015, they have diversified to e-learning for classes 5 to 12. It has 20 lakh education material to offer, 24* 7-hour support, and provides a great personalization to the users.
Heemash Singh, Gaurav Munjal, and Sachin Gupta founded Unacademy in 2010. Unacademy made its way to EdTech via the YouTube channel.
It is also popular for its certificate courses and is giving tough competition to companies like Coursera and Udemy in India with its cheap pricing. The company also provides 2000+ free online courses, and passes the certificate on to you after you make payment.
It has successfully helped 30 lakh+ students for exams like Chartered Accountancy or CA, UPSC, CAT, JEE, CLAT, etc.
UpGrad is a Mumbai-based EdTech startup founded in the year 2015. The company has four co-founders: Mayank Kumar, Phalgum Komapalli, Ronnie Screwvala, and Ravijot Chugh. It is debt-free as it was funded by the promoters themselves. The company not only provides online courses but other services in demand like interview preparation, resume building, etc.
It is also growing very fast and has entered other spaces by acquiring many other startups like Acadview Software, Pyoopil Education, and CohortPlus.
Vedantu is among the fastest-growing EdTech companies in India based in Bangalore. It was just founded six years before and currently has more than 30 million users across 1000 cities.
The company also offers free content for promotional purposes, and you can browse that on Youtube free of cost. It has taken a unique initiative to prepare students of age 3 to 12 for coding with a proper road map ahead. Parents are seeing value in their programs and making them a success.
It has certified teachers, and also with cutting-edge technology, its videos make the learning process all the easier.
Sanjeev Kumar, Shobhit Bhatnagar, and Vibhu Bhushan founded GradeUp in the year 2015. The main goal of the company is to assist candidates who are preparing for competitive exams like NEET, JEE, IBPS, UPSC, etc.
Live courses, diverse test series for all competitive exams, and great feedback and support system are its Unique Selling Proposition. The startup is expecting to expand its user base manifold by the end of the year 2021.
Pavan Chauhan founded the company back in 2008. Meritnation is one of the early EdTech Companies in India in the industry. It is a Delhi-based startup giving online classes to classes 1 to 12 across CBSE, ICSE, and other state boards.
Its packages, materials, tests, etc are designed in a great way from a low level to higher level making your preparation easy. Its systematic reports let you know your level of preparation and areas of improvement.
It is also one of the successful EdTech companies in India.
Myedubag is a Delhi-based EdTech startup founded in 2015 by Anuradha Pradhan and Abhinav Pradhan. The company targets students till class 12 starting from the little Kindergarten children.
Myedubag started as an eCommerce platform for selling books Today, Myedubag has diversified its business to e-learning and language learning courses providing memberships starting from Rs 500 per year.
Doubtnut is a Gurgaon-based EdTech startup serving online classes to Kindergarten to class 12, IIT aspirants, and NEET aspirants.
Its video-based solutions use AI and ML algorithms so that what comes to students is perfect and customized. You can upload a photo of your doubt and can get it clarified by professional trainers.
It is one of the fastest growing EdTech companies in India.
10. NEXT EDUCATION
Beas Dev Ralhan founded NextEducation in the year 2007. NextEducation is a Hyderabad-based EdTech startup serving Kindergarten to class 12 students.
It has a huge network and tie-ups with schools, and also they like its flagship products such as TeachNext, MathsLab, EnglishLab, LearnNext, and ScienceLab. Serving in 8 major Indian Languages, it covers CBSE, ICSE, and various state boards.
It would be interesting to see the journey ahead of this online education industry. No doubt, EdTech is one of the fastest-growing industries, there’s still a lot to see in the online education space. What do you think? Will these top EdTech companies in India rise even higher looking at the demand for virtual classes?