EdTech Startups | Top Edtech Companies – 2021 in India you should know
Hello everyone! Due to the covid-19 pandemic, nearly 40% of Indian startups have suffered. But one sector has beaten the pattern and is developing more quickly during this time. It is the EdTech sector. The EdTech industry of India is the second biggest in the world, and this is only the beginning. This industry is estimated to touch $3.2 billion by 2022. With many students attending online classes due to lockdown and coronavirus restrictions, EdTech startups have provided valuable tools and platforms for students to develop their skills in various fields and prepare for tests and examinations. In this blog, we will discuss the “EdTech startups – Top Edtech Companies 2021 in India”.
7 Top EdTech Companies in India
1. BYJU’S
BYJU’S is a Bangalore-based educational technology and online tutoring firm founded by Byju Raveendran and his wife Divya Gokulnath in 2011. BYJU has engaging video lessons, personalized learner’s journeys, unlimited practice sessions, and questionnaires that make learning more enjoyable. BYJU covers a wide variety of classes starting from class 4 up to CAT or IAS test preparations, UPSC, K3, K10, K12, CBSE NCERT, ICSE, IIT-JEE, and NEET.
In March 2019, it was the world’s most valued EdTech startup at USD 5.4 billion. With 35 million enrolled students, Byju’s app is accessible on both Google Play Store and Apple Store. This is one of the high-rated startups in the Top 7 Edtech Startups in India.
BYJU currently has more than 9,000 employees and a revenue of 520 crores INR. A few of their well-known subsidiaries are namely WhiteHat Jr. and SPAN Thoughtworks Private Limited.
2. UpGrad
UpGrad was founded by Ronnie Screwvala, Mayank Kumar, Ravjot Chugh, and Phalgun Kompalli in 2015 with the aim of helping working professionals to upgrade their knowledge and skills.
UpGrad is debt-free as it has been funded by the founders themselves without any external funding. And now they are one of India’s largest EdTech startups.
The most popular programs of UpGrad are artificial intelligence, machine learning, data analytics, full-stack development, digital media and marketing, cloud computing, MBA, and entrepreneurship. As of now, they offer more than 35 programs to more than 30,00,000 users.
3. Vedantu
Vedantu is an EdTech platform that offers personalized courses to students. It was founded by Indian Institutes of Technology (IIT) graduates – Vamsi Krishna (Co-Founder, CEO), Pulkit Jain (Co-Founder, Head Product), Saurabh Saxena (Co-Founder, Head Academics), and Anand Prakash (Co-Founder). Vedantu primarily provides these services to students of 4-12 classes and those preparing for competitive exams.
They currently cover subjects like Physics, Chemistry, Biology, English, Mathematics, Hindi, German, French, Environmental Science, and Computer Science through its live tutoring platform. Considered as the Top Edtech Companies 2021 in India. This startup has a user base of 25 million users from 40+ countries.
4. Meritnation
Meritnation is one of the popular EdTech startups situated in Delhi, which was established by Pavan Chauhan and Ritesh Hemarajani in 2008. The company has the latest education technologies such as live video lectures and interactive recorded videos to give the best knowledge to the students.
They give students learning content from first to twelfth class for CBSE, ICSE, and state boards. They try to understand the different learning needs of students across demographics, which allows them to generate unique approaches based on the learning style of each individual.
Meritnation has been a subsidiary of Aakash Educational Services Limited since Jan 2020. Meritnation mobile app was recognized among the top 5 apps by NDTV in 2017.
5. Unacademy
Unacademy is a Bengaluru-based EdTech startup that started as a YouTube channel in 2010 by Heemash Singh, Sachin Gupta, and Gaurav Munjal. It is now one of the most popular EdTech startups in India. Unacademy has provided lessons to more than 3 million students to date. Unacademy is a top choice among students. One good thing about Unacademy is among 2400+ courses most of them are free. The videos are available in various languages so the student can understand them easily.
Unacademy’s business model is primarily based on the subscriptions offered on its platform. In 2015, it formally became an education technology platform. Until then it raised $88.5 Million. In February 2020, Unacademy received $110 million in funding from multiple investors. It is theTop Edtech Companies 2021 in India.
6. Cuemath
Cuemath is an EdTech platform that empowers children to learn math by reasoning and visualization instead of remembering.
It was founded by Manan Khurma in 2013 as an after-school math enrichment program. They design their teaching content with the help of experts from IIT and Cambridge and develop a personalized learning plan for every student. It provides interactive online classes for class seven and above. They have more than 3000 education centers worldwide, and every session has just six students. They mainly focus on improving youngsters’ numerical ideas rather than only instructing them to compute quickly. This is not popular yet listed in the top 7 Edtech startups in India.
7. Toppr
Toppr is a Mumbai-based e-learning company founded in 2013 by two IIT graduates, Zishan Hayath and Hemant Goteti. It currently has over 10 million registered students on its platform. They have created AI-based algorithms for operating its online learning platform. The company offers 4 types of products to their learners — online classes, adaptive practice, mock tests, and live doubt sessions.
In June 2018, Toppr was also named as the winner of the Tyton Global Growth Awards for ‘50 International top Edtech Companies’.
To sum it up
These were the Top 7 EdTech startups and Top Edtech Companies 2021 in India. Searches for individual companies such as BYJU’S, Vedantu, Toppr, and others that cater to India’s 265 million school-going students — the highest in the world — improved even further during this pandemic.
EdTech platforms help make education simple and accessible to everyone. And it is an important tool for students and young professionals to bridge the skill gap and leverage better career opportunities.
I hope you find this article about the “EdTech startups – Top Edtech Companies 2021 in India” interesting and informative.
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