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Most Successful Ed-tech startups in India
If I say there are more than 4450 ed-tech startups available in India. Do you believe it? If you are aware of what ed-tech startups are, instead of how many numbers and names of ed-tech startups are known? Although before COVID-19, ed-tech startups were popular in India, after the COVID-19 pandemic, these industries are growing very fast.
The best part of these startups is that you can study from any part of the country. You just need a mobile/tablet/desktop and internet facility. After food, cloth, and house, education is the basic need in Indian society. Parents are always worried about a good education for their children. The main motive of these education startups is to fulfill the parent’s expectation and educate the child as their own needs.
We can understand it by a simple example, in a class, there are more than 30 students, but a school teacher teaches them the same topics in the same way for everyone. Everyone can’t be equal in adaptation. Some need less explanation and some need briefness. In this situation, some students are unable to understand the study. Edtech startups’ teachers help them to clear out their doubts.
Don’t think that only one category of students access this. There are so many things to learn and upgrade your knowledge. Basically, at any age and in a profession you learn whatever you want.
Edtech startups choose some educators who are good in their field. If any learner wants to do a study on UPSC then an experienced and successful UPSC aspirant will be the educator. Like this, the maximum ed-tech startups in India works. Not only government exams or board exams, from class 1 to degrees of MBA all are given by these startups companies.
From the students’ side, some ed-tech startups give free classes, some startups are available in paid versions. Well, known Universities are collaborating with ed-tech startups for the learners. A full-time employee can do degrees from home by using these ed-tech startups and can increase their educational qualification and knowledge.
Top 5 Ed-Tech Startups in India
BYJU’S – The Learning App is the most common brand name for Think and Learn Private Ltd., an ed-tech startup and online tutoring firm founded in 2011 Byju Raveendran. The journey starts in Bangalore. In March 2019, it was the world’s most worthy ed-tech company at $5.4 billion. More than 9000 educators are involved in this ed-tech. The mobile app BYJU’S launched in August 2015. Key investors are Tiger Global, Naspers Sequoia Capital India. BYJU’S ranks 4.6 in google play store.
It presents academic content material mostly to faculty school students from class 1 to 12 (primary to secondary education). The organization trains students for examinations in India such as IIT-JEE, NEET, CAT, IAS as nicely as for global examinations such as GRE and GMAT.
The place principles define the usage of 12-20 minute digital animation videos. BYJU’S reviews to have forty million customers overall, three million annual paid subscribers and an annual retention fee of about 85%. The app purports to tailor the content material supplied to the character student’s studying tempo and style. The common pupil spends fifty-three minutes day by day using BYJU’S.
The enterprise announced that it will launch its app in regional Indian languages. It additionally plans to launch a global model of the app for English-speaking students in different international locations. Recently, Byju’s launched new packages in its Early Learn App for children of LKG and UKG as well.
Unacademy is an online training platform that presents free getting to know the probability to the students of all streams and especially to the aspirants who are making ready for the competitive exams. Unacademy presents free instructional fabric to students through its website and video tutorials shared over YouTube. They also have a paid version where they gave complete preparation for any exam.
This ed-tech startup was founded by Gaurav Munjal and along with his co-founders Hemesh Singh, Roman Saini, and Sachin Gupta. It is the largest learning platform in India. The key investors are Blume Ventures, Nexus Venture Partners, Sequoia Capital India, Steadview Capital. UNACADEMY rated 4.6 in google play store. Total funding is $88.5 million. More than 10 million downloads in India.
Various exam cleared aspirants and experienced teachers are the mentor or educator in UNACADEMY. They give their best and share the perfect strategies to clear your dream goal. It consists of every competitive exam guidance from state PSC to NET.
Two IITian Zishaan Hayath and Hemanth Goteti started Toppr ed-tech startups in 2013 from Mumbai. It was launched for the e-learning process from class 5 to class12.To be abreast with every subject, this app contains 1500+ hours TOPPR recorded video lectures from expert faculties. The app isn’t just compatible with mobiles, tablets, and PCs, it is often also used offline.
From video lectures to IIT JEE & NEET exam preparation to question resolution, this application offers an equivalent experience because of the brick and mortar classrooms. To form the training experience even more engaging, certain options like, Ask an issue are integrated, which makes it easier for you to clarify doubts.
The learning process isn’t complete without query-clarification rounds therefore a separate app dedicated to doubts discussion between tutor and student has been developed by Toppr, this app is specially designed for the curious minds who wish to ask, learn, and grow. Ex-rankers answer all the doubts.
Toppr app is freed from cost. It also offers access to all or any video lectures with no charges. With such a lot of buzz surrounding the doorway coaching mania, this application will surely be a boon for serious aspirants.
Vedantu may be a free Indian Interactive Online tutoring platform where teachers provide school tuitions to students over the web, employing a real-time virtual learning environment named WAVE (Whiteboard Audio Video Environment) a technology built in-house. it’s said to work on a marketplace model for teachers, where students can browse, discover, and prefer to learn from a web tutor of their choice.
Incorporated in 2011, Bangalore-based Vedantu Innovations Pvt. Ltd. is a web tutoring platform launched in October 2014 for the public. The company’s name Vedantu is claimed to be derived from Sanskrit words Veda-knowledge and Tantu-network. The organization is travel by four friends from the Indian Institutes of Technology (IITs) – Vamsi Krishna (Co-Founder, CEO), Pulkit Jain (Co-Founder, Head Product), Saurabh Saxena (Co-Founder, Head Academics) and Anand Prakash (Co-Founder).
It primarily provides services to students of grade 4th to 12th for the Indian Certificate of education (ICSE) & Central Board of education. Currently, the company’s primary business is live online tutoring in STEM, Hindi, English, Sanskrit, German, French, ecology, and science. It also claims to supply test preparation courses for the Indian Institute of Technology Joint entrance exam (JEE) Foundation, National Talent Search Examination (NTSE), and Problem Solving Assessment (PSA).
The firm has raised its first round of funding after six months of the current operational format. it’s raised $5 million from Accel Partners and Tiger Global Management in its Series A funding.
Vedantu plans to utilize the funding in developing technology solutions for tablets and mobile with scalability which may run many live learning sessions concurrently.
On August 29, 2019, Vedantu announced that it’s raised $42 million during a Series C financing round for expansion in India.
In July 2020, Vedantu raised $100 million in funding led by US-based Coatue. With the newest funding, Vedantu’s total fund tally stands at over $200 million.
The headquarter is located in Mumbai. This ed-tech startup starts in 2015. Shobhit Bhatnagar is the founder and CEO of this ed-tech startup. Vicky Kaushal is the recent brand ambassador of the gradeup ed-tech startup. It basically focuses on college students, working professionals, corporate workers, etc. They set up programs like DATA SCIENCE, MACHINE LEARNING, BIG DATA, DIGITAL MARKETING, INSURANCE, BLOCKCHAIN, etc.
Gradeup ed-tech startup tied up with some famous institutes like IIT-MADRAS, BITS PILANI, MICA UNIVERSITY, NARSEE MONJEE, LIVERPOOL BUSINESS SCHOOL. Anyone can get certificates from these top institutions in completion of the course which is a great thing. Besides this, they also provide career coaches, mentors, offline coaching sessions. The courses range between 1-2 lakhs which is expensive but if you compare it with the offline mode of courses from the top universities then it is cheaper.
Lastly, if anyone asks me which e-learning app is good. My answer will be a confusing one because each app has different types of learning systems and different people has their own expectations and goals. So good or bad depends on yourself. I have discussed above the top 5 ed-tech startups and their working principle. You easily access these apps from play store and enjoy the learning.
And if the question comes that is it the right time to launch ed-tech startups?
The world is in dire need of entrepreneurs such as you who wants to launch an ed-tech startup. So, if you’re brave enough and need to figure out during a meaningful industry to form an impression on student’s lives, then yes! – immediately is that the perfect time to launch your ed-tech startup.