Introduction:-
Edu.tech. startup companies are the biggest in the world and it has grown day by day. This industry is set to touch $3.2Billion by 2022.
Online education has rapid growth in the pandemic time. During the lockdown, schools and coaching classes had to depend on technology to continue teaching.
What is Edu. tech startup company:-
Online teaching process is done through the Internet system all over the world. Various methods can be used, such as one-by-one video calls or group video calls and webinars.
Online education can start from any location (home, office, co-working place) and you can enroll any number of students from any places or any geographical areas of the world.
Edu.tech startups are app-based platforms providing courses for competitive test preparation and supplementary courses for students. Edu.tech provides various online coaching for competiative examination like IIT, JEE, CAT, UPSC, GMAT, GRE engineering and medical and school courses for students.
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Top 10 Online Edu.Tech startup companies in India in 2022.
1.Unacademy:-
Unacademy started its journey as a YouTube Channel in 2010 by Hemesh Singh. It is now a well-known online education Startup Company in India. It is a well-known e-learning platform and one of the top Ed. Tech companies in India.
Unacademy is an Indian online educational platform. Its headquarter at Banglore, Karnataka. It prepares students like (JEE, NEET, UPSC, CS, GATE, NDA, CUET, Boards etc) as well as provides content on foundational (K-12) and skill-building courses (programming, photography and entrepreneurship).
It was founded by Gaurav Munjal, Hemesh Singh, and Roaman Saini in 2015. Unacademy was valued at USD 3.44 billion.
2. Byju’s:-
It is an Indian multinational educational technology company. Itsheadquarters is in Bangalore. It was founded in 2011by the Byju Raveendran and Divya Gokulnath. As of March 2022, Byju’s valued at US$22 billion and the company claims to have 115 million registered students.
Byju’s is a Edu.tech startup company in India.It is the first unicorn startup company in Edu.tech. In the world BYJU’S top 15 Forbes Indian Companies.
Byju’s app was developed by Think and Learn Pvt. Ltd.This company was established by Byju Raveendran & Divya Gokulnath in the year 2011.
In its initial days, the company focused on offering online video-based learning programs for K-12 segments and competitive exams.
The firm launched Byju’s The Learning App. In 2017 they also launched Byju’s Math App for kids and BYJU’S Parent Connect App.
By 2018 it had 15 million users, out of which 9,00,00. are paid users at that time. In the same year, Buju became the first edutech unicorn.
3. Class plus:-
Class plus is among the highest valued Indian edutech startups outside of the unicorn club. Class plus take funding $70 million round co-led by Alpha Wave Global and Tiger Global.
It is a very SaaS platform that allows educators and content creators to build their online presence. In 2022, Class plus made a revenue of $600 Million.
Mr Bhaswat Agarwal is the founder of Class Plus’s current founder and the chief executive officer is Mukul Rustagi.
The Class plus app, the platform allows tutors and institutions to manage their classrooms through a mobile app.
It helps them to create their learning apps by managing the attendance, parent–tutor communications, online tests, payment of fees and others. The headquarters of Class plus is located in Noida, Uttar Pradesh.
4. College Dunia:-
Collegedunia.com is an extensive search engine for students, parents and education industry players who are seeking information on the higher education sector in India and abroad. It is a online Edu.tech startup company in India.
Collegeduniya.com is surely a website that everyone preparing for graduation or post-graduation must pay a visit to. This website will give you a clear picture of what to expect from a particular college.
College Dunia is a one-stop solution for students to explore information about colleges, universities and courses. Mr. SAHIL CHALANA is the founder of Collegedunia. He is a BITS Pilani alumnus.
Students can use Collegedunia.com as one of the top destinations to search for their Dream College, available courses, admission processes and lots of more interactive tools to simplify the process of findings.College Duniya revenue Rs 73Corores in 2019-2020.
Colledunia is one of the most trusted brands out there that people seeking educational information can refer to.According to AISHE data, there are 43,243 colleges and 1043 universities in the country by 2019-2020.
5. Edukart:-
Edukart is an Indian higher education enrollment platform. Indian and international course providers offer programs such as MBA, Executive MBA, MCA, IT, and M.com. M.Sc,BBA,BCA,BSc IT on the company platform.Edukart is an online Edu.tech startup company in India.
Edukart platform the are available for distance learning as well as online courses. It also features certificate courses in the areas of retail, finance, telecom, digital marketing, and programming language project management and information technology.
Edukart was founded by Ishan Gupta, who founded this startup in 2011. He is a Management graduate from Stanford University and Mayank Gupta is an alumnus of the IIM.Kozhikode.
Edukart has a partnership with National and International universities, including Monjee Institute of Management Studies and Schools for Continuing Education.
Bharathi Vidyapitha, Indian School of Business, University of Petroleum and Energy Studies, Northwood University, London school of business and finance & the University of Chicago. the degrees awarded by the Indian Universities are recognized by the University Grant Commission.
6. Merit Nation:-
Meritnation is India’s 1st online learning platform for school students. There are 2.5 crore students across CBSE, ICSEand leading state boards. It is the online Edu.tech startup company in India.
Meritnation is one of the most popular online education platforms for K-12students across India & the Gulf. Over 7.6 million users studied on Meritnation.com using Live classes, Animated videos, Interactive exercises, practice problem tests and many more.
Merit nation is a unique blend of features developed after years of research to help you excel. Live online classes with the best teachers and curriculum-aligned structured live class sessions give you a complete learning experience.
Mr Pavan Chauhan& Ritesh Hemrajani is the founder of Merit nation. He is an alumnus of IIMBangalore.Meritnation.com and was acquired by Aakash Educational Services for Rs. 500 Million.
7. Topper:-
Topper is India’s leading after-school learning app on a mission to make learning personalized. Topper is a highly passionate team of engineers, educators and designers making constant strides in product innovation to enhance the user experience.
Topper was incorporated on 28th August 2008. It is an after-school learning app that provides learning courses and entrance examinations.It is an online Edu.tech startup company in India.
Topper, one of the largest online learning startup in India has secured $46million in new financing rounds.
Toppers operates four products and services that are aimed at K-12students. The Learning App toppers marquee service offers students live classes and sessions to clear doubts about pre-recorded lessons and tests.
Topper’s learning app has amassed over 13 million users, more than 1,50,000 of whom are paying subscribers.In recent years the startup has also worked on a new product called School OS, which enables a school to digitize their learning experience.
Topper has emerged as the highest traffic distinction for K-12 learning, hosting over 1 million sessions every day.
Mr Zishaan Hayth is the founder & CEO of the Topper. Its headquarters is in Mumbai. It is an Edutech startup company based in India.
8. Vedantu:-
Vedantu is an Indian online tutoring platform launched in 2014.Vedantu headquarters is located in Banglore, India. Its name Vedantu is a derivative Sanskrit word Veda (Knowledge) and Tantu means (network). Edu is one of the best online Edu.tech startup companies in India.
The organization was founded by IIT Alumni Vamsi Krishna (Co-founder & CEO), Pulkit Jain (Co-founder &Head product), Saurav Saxena co-founder and Anand Prakash.
Vedantu provides services to students from grades 4 to 12 of the ICSE & CBSE board.
Currently, the company’s primary business is live online tutoring in STEM, HINDI, ENGLISH, SANSKRIT, GERMAN, FRENCH, and ENVIRONMENTAL SCIENCE & SOCIAL SCIENCE.
Vedantu is currently the top online coaching platform. It provides quality education. The teachers of vedantu are very highly qualified and experienced
On August 29, 2019, Vedantu announced that it has raised US $42million in a series C financing round for expansion in India.
9. Physics Walla (PW):-
Physicalwalla is an Edutech unicorn starting a company in India. It is also known as PW. It is the 101 unicorn start-up companies in India. The company has raised $100 million in a series A round from Westbridge and GSV Ventures at a valuation of $1.1 Billion.
India’s Edu.tech unicorn startup Physicalwalla expects its FY (2022-23) revenue up to Rs. 1200 Crore as the company continues to witness high demand for its courses.
Mr. Alakh Pandey is the founder and CEO of Physics Wall PW). It is a leading Edu. Tech Platform Company which provides an accessible, comprehensive and state-of-the-art learning experience.
Physic wall CEO-Mr. Alakh Pandey is a B.ech Mechanical engineering student from Kanpur, Uttar Pradesh.
The revenue of Edutech startup company Physicwalla (PW) is to be in the top Rs. 1200 Crore in the financial year( FY2022-23).
10. Test Book:-
The Test book is the most trusted and India’s no 1 exam preparation site for competitive exams. More than 3 crores of students prepare for Exams like Banking, SSC, Railways, GATE, UPSC, Teaching and other exams with 30,000 mock tests and live to coach. It is one of the best Rdu.tech startup company of India.
The Testbook is the most preferred website by all government aspirants, because of its great quality of the mock test, Testbook app, study materials and current affairs.
Testbook comes up as the best platform for Government job preparation due to its special focus on cost-effective as well as the quality test and structured live classes with the subject’s experts.
Mr ASHUTOSH KUMAR –Co-founder of Testbook.com.The Testbook is an Indian Multinational online Edu.tech platform in India. Test Book headquarters is located in Mumbai, Maharashtra.
The company is a technology-based company with e-learning solutions for students.Testbook revenue is nearly Rs 22.3 crore as of Fy21-22.
FAQs:-
1. Question:- Which is the No1 Edu.tech startup company in India?
1. Answer:-BYJUZS is the No1 Edu tech start-up company in India.
2. Question: – Is Physic Walla an Edu.tech startup company in India?
2. Answer:-Yes, Physics Wall is a unicorn, start-up company in India.
3. Question: How many Edutech startup companies are in India?
3. Answer:-Around 17 edutech startup companies in India.
4. Question: – How do edu tech companies work?
4. Answer:- Edu tech primarily focuses on individualized learning via curriculum, software and services in kindergarten through grade 12. The company offers virtual classrooms, single courses and tools and courses to supplement learning.
5. Question:-What is Edu Tech Products:-
5. Answer: – These companies provide online course management tools. It is also known as Virtual Learning Environments. These are cloud-based portals that staff and students can use to access and share learning resources.
Conclusion:-
Edu. a tech startup in India, it became the third most funded sector in India. It attracted $4.7 billion in 2021 with the industry market size expanding to $ 2 billion.
Global Edu.The tech market was valued at $88 billion and it is expected to grow to nearly $429.5 billion by 2030. the compound growth rate is 16.5%.
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