In today’s world, high-quality education can be provided anywhere, due to EdTech. Find out the top 5 EdTech companies in India this year that have made headlines for various reasons.
EdTech is a term that refers to technology that is meant to improve educational outcomes. Today, India’s EdTech industry is the world’s second-largest, and it is just rising. These EdTech businesses in India are changing the Indian education environment in order to make education more engaging.
Here are the top 5 EdTech businesses in India in 2022, as determined by recent success.
1. BYJU’s
In India, Byju’s has become synonymous with online education. Think and Learn Pvt. Ltd, a company started in 2011 by Byju Raveendran and Divya Gokulnath, launched BYJU’s app. It began as a coaching class and has since grown to become one of the world’s leading EdTech companies.
BYJU’S is an educational tutoring software that operates on a freemium model, with freely accessible content limited to 15 days after enrollment. It was founded in August 2015, with instructional content for students in grades 4 through 12, and an early learning program for students in grades 1 through 3 debuted in 2019.
It also prepares students for tests in India such as IIT-JEE and NEET, as well as international exams like as the GRE and GMAT. In Bangalore, Byju Raveendran and his wife Divya Gokulnath founded this EdTech enterprise. They’ve even collaborated with firms like Disney to make learning more enjoyable. As of December 2021, BYJU is valued at US$ 21 billion, with over 115 million registered users.
They combine engaging video courses, personalised student journeys, countless practice tests, and unique quizzes to make learning fun.
It provides classes starting in class 4 and progressing to CAT or IAS exam preparation. It offers online classes for UPSC, CBSE NCERT, ICSE, IIT-JEE, and NEET.
They created BYJU’S for Kids, a learning software for kids that focuses on early education for children in grades 1 through 3. Two of their well-known subsidiaries are WhiteHat Jr. and SPAN Thoughtworks Pvt. Ltd.
2. UnAcademy
Unacademy is an Indian online ed-tech startup situated in Bangalore. Gaurav Munjal founded a YouTube channel in 2010, which was later incorporated as a company by Roman Saini, Gaurav Munjal, and Hemesh Singh in 2015.
The organization employs over 12,000 tutors and offers study materials for a wide range of professional and academic admission tests.
Unacademy offers free videos, PDF notes, and subscriptions. It offers a wide range of paid and free courses.
Many famous people and public figures, like Virat Kohli and Anushka Sharma, Shashi Tharoor, Kiren Bedi, Mary Kom, and Saurav Ganguly, have instructed students in live sessions as part of Unacademy’s educational program called ‘Legends on Unacademy.’
Unacademy purchased Ankit Goyal’s Kreatryx in early 2020 to expand its Graduate Aptitude Test in Engineering and Engineering Services Examination preparation services. Unacademy also purchased WiFiStudy for $10 million in 2018.
Dinesh Godara founded WiFiStudy in 2013, an online test preparation platform for students preparing for competitive public-sector exams such as the Staff Selection Commission, banks, and railways.
3. UpGrad
UpGrad is a prominent Edtech startup in India. In 2015, Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh founded the company in Mumbai. The company is the official education partner of the Indian government’s Startup India program.
Working people, college students, and organizations can all benefit from the EdTech firm’s online programs in IT, data science, management, and technology. UpGrad has collaborations with various prestigious universities, allowing students to get career-enhancing skills.
They are also India’s largest online higher education firm, supporting students in acquiring online degrees from some of the world’s top colleges. Their one-on-one mentorship and placement support set them apart. MBA programs are available in a range of sectors, including business, law, insurance, software, blockchain, and others.
In 2016, UpGrad acquired Pyoopil, a mobile SaaS-based application, to provide B2B online corporate training courses. The firm purchased Acadview in 2018 in order to enter the higher education industry for college students. In 2019, upGrad acquired CohortPlus, an online community platform focused on product management and data science.
4. Vedantu
A combination of the Sanskrit terms Veda (knowledge) and Tantu (philosophy) (network), Vedantu, was launched in Bengaluru in 2011 as a live online education platform. The company was founded by Vamsi Krishna, Saurabh Saxena, Anand Prakash, and Pulkit Jain.
It gives pupils lessons that are personalized to their needs. It primarily serves Indian Certificate of Secondary Education (ICSE) and Central Board of Secondary Education students in Grades 4 through 12.
The organization’s core business is currently live online coaching in STEM, Hindi, English, Sanskrit, German, French, Environmental Science, and Social Science. It uses a White Board Audio Video Environment (WAVE) approach for its 1-1 student-teacher class as well as in live sessions. It provides IIT-JEE, NTSE, NEET, and PSA test preparation classes.
Vedantu’s W.A.V.E platform has been granted an IP Patent for ‘Measuring the Effectiveness of An Interactive Online Learning System,’ which aids teachers in recognising a student’s attention level, increases students’ engagement, doubt-solving, participation in game-based quizzes, and provides customizable teaching patterns.
5. Classplus
Classplus is a smartphone SaaS system that enables coaching institutions, tuition centers, and private instructors to take their companies online and automate content distribution, payments, interaction, and online tests via an all-in-one teaching app.
Mukul Rustagi, Vatsal Rustagi, Bikash Dash, Nikhil Goel, and Bhaswat Agarwal formed Classplus.
Classplus provides individual instructors, tuition centers, and coaching institutions with the ideal coaching institute administration software and smartphone app solution. Innovative elements and technology have been included into teaching and learning approaches, helping educators to prepare for the future.
This Delhi-based firm, founded in 2018, aims to modernize the country’s tuition sector. Classplus is a mobile-first system that allows teachers to engage with students by giving material, assignments, online exams, and video lectures. As a result of its electronic payments and convenient teaching, Classplus has witnessed a 200K+ increase in users.
