Edtech startups in India are helping fix the fractured traditional educational ecosystem in the country. With a nearly $2 billion opportunity in the growing online education market in India, the entrepreneurs are offering some of the best online learning platforms to strengthen the overall education in India.
Top 10 Best online learning platforms
InterviewBit founded by Anshuman Singh and Abhimanyu Saxena in 2015, InterviewBit offers an e-learning platform to help the students to develop coding and tech skills to secure jobs with tech giants like Google, Amazon, and Facebook. The startup works on an income sharing model, wherein the students do not have to pay a single dime until they have secured a job and they can start paying them back by sharing a part of their income over a period of time. Till date, over 4,000 students have benefitted from InterviewBit’s Scalar Program.
Doubtnut founded by IIT Delhi alumni Tanushree Nagori and Aditya Shankar in 2017, Doubtnut helps students from 6th to 12th grade to clear their doubts by providing quick and easy solutions to their math problems. In less than three years, Doubtnut claims to have 13 million active users across its platforms and boasts of having 85% of its users from smaller cities.
Gradeup was founded by Shobhit Bhatnagar, Sanjeev Kumar and Vibhu Bhushan in 2015 to help the students to crack the banking, railways, teaching and other government job exams. More than 15 million students are using its website and app to access live classes, doubt clearing sessions and detailed solutions to problems.
Toppr started by Zishaan Hayath and Hemanth Goteti in 2013, Toppr offers an online learning platform that works on a subscription-based model to offer online classes, live lectures with flexible timings, 24×7 doubt clearing chat sessions with teachers and mock tests to practice what they have learned. In 2016, Toppr had 1 million students on its platform, which has grown 10x in the last three years to reach over 10 million. Toppr’s growth has been fueled by its investors like Helion Venture Partners, Eight Roads Ventures and SAIF Partners, who have injected $65 million.
UpGrad focusing on India higher education, UpGrad was founded by Mayank Kumar, Phalgun Kompalli and Ravijot Chugh in 2015. This edtech startup has partnered with prestigious international universities to offer courses in emerging technologies like Data Science, Machine Learning, Blockchain and Digital Marketing. Till date, UpGrad has managed to help more than 350,000 students and professionals and currently has more than 18000 active paid subscribers on its platform.
Simplilearn started as a blog by Krishna Kumar, Simplilearn soon became a full-fledged online learning platform in 2010. During the early days of Simplilearn, Krishna Kumar managed to bring in profits without any marketing, which was a testament to his entrepreneurial skills. Today, the startup offers more than 400 certified courses and has raised more than $30 million from investors like Kalaari Capital, Helion Venture Partners and InnoVen Capital to speed up the process of scaling their business globally.
Aditi Avasthi had founded Embibe in 2012 to help the students to prepare for competitive exams like NEET, JEE, AIIMS and BITSAT. The startup uses AI to personalise the learning experience for the students in order to enhance their understanding. Seeing the potential of Embibe, the startup was acquired by Reliance Industries in 2018. Till date, Reliance has invested nearly $200 million in Embibe and it plans to leverage its capabilities to connect over 1.9 million schools and 58,000 universities across India.
Vedantu was founded by Vamsi Krishna, Anand Prakash, Pulkit Jain and Saurabh Saxena in 2014. Prior to starting Vedantu, which is an online learning platform, the founders had established an offline educational institute named Lakshya to help the students belonging to the underprivileged families. Today, Vedantu has empowered more than 9,50,000 students across 500 cities worldwide and has raised over $80 million from Omidyar Network, Accel, Tiger Global and GGV Capital.
Unacademy was started as a YouTube channel by Gaurav Munjal in 2010, which has evolved into India’s leading edtech platform with the help of his co-founders Roman Saini, Hemesh Singh and Sachin Gupta. The startup has raised nearly $200 million from its investors.
Byju’s founded by Byju Raveendran, Byju’s is India’s only profitable consumer internet unicorn. Till date, the startup has garnered over 40 million subscribers with 2.8 million paid subscribers. It has raised $1.4 billion from the likes of General Atlantic, Sequoia Capital, Tiger Global and Tencent. Byju’s is the third most valued startup in India after Paytm and OYO.
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