Online Education is booming. We all can see the fruits that various EdTech Startups reap by offering the right services at the right time. And successful streaks bring competition.
The pandemic saw the rise of many new Startups in the field of online education. This was because people saw the free time they now had fit to be utilized for learning new skills. You can essentially learn anything and everything on the Internet now.
Having said that, we bring you a list of the top successful EdTech startups that made a mark in our country with their online educational services.
Mr Byju Raveendran founded BYJU’s in 2015.
Byju’s is one of the most successful EdTech Startups. It focuses on school children and uses animation to help them understand their courses and subjects. It focuses primarily on Math and Science, and there are approximately 3.5 crore students enrolled in the courses.
In India, it intends to introduce more subjects in various vernacular languages, as well as a new growth acceleration mentoring program.
With an average use of more than 1 hour per student, it is the fastest growing Edtech startup.
The company has raised over $1 billion since January, reflecting a surge in investor interest in Indian EdTech companies as remote learning replaced classrooms during the coronavirus lockdown, bringing the company’s valuation to about $10.8 billion.
This EdTech business plans to launch a curriculum program aimed at school children in many English-speaking countries. Byju’s online learning business has become an industry giant as a result of the pandemic, and it is now looking to expand in international markets.
Unacademy was founded in 2010 by Heemash Singh, Gaurav Munjal, and Sachin Gupta as a YouTube channel.
They provide study materials and video lectures for all of India’s big entrance exams. Unacademy is a popular option among students for JEE, NEET, and UPSC preparation. They’ve teamed up with some of the best educators in the field.
Unacademy’s business model is primarily focused on the platform’s plus Subscription feature. Similarly on their homepage, students will follow tutors and sign up for courses from them.
Unacademy is known for its certification courses and, thanks to its low prices, is offering companies like Coursera and Udemy a run for their money in India. It also offers over 2000 free online courses for which you will receive a certificate after making a payment.
You can watch videos, watch demonstrations, and even download PDF notes that educators have given.
Vedantu is a live online education platform that provides students with customised courses. Vamsi Krishna, Pulkit Jain, Saurabh Saxena, and Anand Prakash were the four friends who founded it.
Due to continuous feedback, Vedantu’s W.A.V.E (Whiteboard Audio Video Environment) platform has been granted an IP Patent for ‘Measuring the Effectiveness of An Interactive Online Learning System,’ which assists teachers in determining a student’s attention level, increases student-teacher engagement, doubt-solving, participation in gamified quizzes, and customization of teaching patterns.
They handle sessions on Vedantu that are expedited by trained educators using cutting-edge technology. It also provides free promotional material, which you can view on Youtube for no charge. It has taken a unique initiative to train students from the ages of three to twelve for coding by providing them with a clear road map.
Parents are appreciating the importance of their services and helping to make them a success.
Ronnie Screwvala, Mayank Kumar, Ravjot Chugh, and Phalgun Kompalli formed UpGrad in 2015 with the aim of assisting working professionals in improving their knowledge and skills.
Surprisingly, the business is debt-free since it was entirely financed by the founders themselves, with no outside help.
They are now India’s largest online higher education provider. They assist students in obtaining online degrees from some of the world’s best universities.
Artificial Intelligence, Machine Learning, Data Analytics, Full-stack growth, Digital Media and Marketing, Cloud Computing, MBA, and Entrepreneurship are among UpGrad’s most popular programs today. It not only offers online classes, but also other in-demand resources such as interview training, resume writing, and so on.
It is rapidly expanding and has acquired a number of other startups, including Acadview Software, Pyoopil Education, and CohortPlus.
Sahil Chalana is the founder of CollegeDunia.
Learners may use this college search engine to find the best colleges for them. This website, which was launched in 2014, collects data on higher education in India and abroad. CollegeDunia is dedicated to assisting students in obtaining sufficient information on how to act through the use of technology.
In addition, the company intends to increase its college database to 30,000 by the end of this year. Furthermore, due to the high demand for international education, it plans to open a “study abroad” section soon.
It also intends to increase its support staff so that it can take the therapy process online and provide real-time counselling to more students prior to admission. The main goal of the organization is ensuring that the needs of students are met from the beginning to the end. They do so establishing a standardised path for students.
Toppr is a Mumbai-based EdTech startup founded in 2013 by Zishan Hayath and Hemant Goteti that offers customised learning from various boards to various streams.
It is best known for its test series for various tests, but in 2015, they expanded into e-learning for grades 5 through 12.
As an EdTech startup it became successful because learners can choose from four different types of products: online lectures, adaptive practice, mock assessments, and live doubt sessions.
In addition, it has a library of more than 20 lakh learning materials, which is available to students at all times and allows them to be highly personalized.
Doubtnut is a known name among successful EdTech startups, which is based in Gurgaon, Haryana, India, founded by Tanushree Gupta and Aditya Shankar in 2016. It provides online classes to students from Kindergarten to class 12, IIT aspirants, and NEET aspirants.
Its video-based solutions employ AI and Machine Learning algorithms to ensure that what students receive is flawless and tailored. To answer students’ questions, this online multilingual learning App employs cutting-edge technology. For example, you can actually upload a picture of your question and get it answered by a trained trainer.
Sanjeev Kumar, Shobhit Bhatnagar, and Vibhu Bhushan established Gradeup in 2015 to help candidates prepare for competitive exams such as NEET, JEE, IBPS, and UPSC.
Its USP is its live classes, varied test series for all competitive tests, and excellent input and support system. To improve user interaction across all channels, Gradeup has concentrated on using Data Analytics.
Therefore, they want to expand their capabilities by using Data Science to assist students in improving their grades. By the end of 2021, the startup expects to see a massive increase in its user base.
Meritnation was founded in 2008 by Pavan Chauhan and is one of the first successful EdTech startups. It is a Delhi-based startup that offers online classes in CBSE, ICSE, and other state boards for grades 1 to 12.
It is an online portal that caters to the educational needs of students. To provide the best information to the students, the organization has incorporated cutting-edge education technology such as live video lectures and interactive recorded videos. Its bundles, components, tests, and other features are all well-designed, ranging from beginner to advanced, making your preparation easy. Also, its systematic reports show you where you are in terms of planning and where you can develop.
The founder of Cuemath said their goal is to lead the way in building children’s mathematical thought to enable them to become the problem solvers and innovative thinkers of the future.
The company’s website reveals that, with over 40K students studying with them, it has allowed over 2 Mn math classes. Above all, by using Math worksheets and application-based programming under the guidance of qualified and accredited instructors, Cuemath supports students.
Apart from the above rising titans in the field, there are various other startups such as Verzeo, Unschool, Bitclass, and many more, that are slowly making their way to the top with the amazing opportunities they offer to people who wish to learn.
With the so many successful EdTech startups in online education, it is clear that people want to learn everything. As a result, What matters is how convenient the method of learning new skills is along with how accessible it is.
These companies prove that good service and customer satisfaction bring profits in the long term. Be sure to monitor their progress to find and create new opportunities for yourself. Build the success you always dreamt of achieving.