As a result of the lockdown, the Edtech Industry in India has seen an immense rise in activity.
The industry, having a market size of $700 – 800 million is expected to reach a size of $30 billion in the next ten years. Various factors are involved in the constant growth of this industry. The need for on-demand learning, the demand for expert educators, and the benefit of getting a personalized and self-paced way of learning are some of them.
We can almost say that the lockdown gave students a chance to experiment with the new way of learning this industry had to offer, which has resulted in the growth of Edtech in India.
What are EdTech Companies?
Edtech – as the name suggests – is the combination of two words Education and Technology. The start-ups which combine education and technology to enhance and facilitate learning are referred to as Edtech companies.
Below are the 20 Best Edtech Companies in India:
As of 2021, Byju’s is said to be the most valuable Edtech company in the world with its value being $16.5 billion. The company was founded in 2011 by Byju Raveendran and Divya Gokulnath. The Byju’s app was created later in the year 2016.
Byju’s claims to create a wonderful learning experience for their students by focusing on their three pillars.
- Personalized learning Journey.
- Technology-enabled learning.
- Best Teachers and Engaging Content.
The most intriguing feature of this Edtech company is their highly personalized learning programs which are offered for all students from classes 1 – 12 along with programs for the aspirants of the various competitive exams.
Henry Harvin was initially launched as an institution providing professional courses to college students. However, it later expanded its services and even started providing Business to Business training programs.
The institution offers more than 200 training courses which are categorized under its various academies like:
- Analytics Academy.
- Law Academy.
- Writing Academy.
- Finance Academy.
- Management Academy.
- Digital Marketing Academy.
- TEFL Academy.
- TEEN Academy.
- Coding Academy.
- Blockchain Academy.
- Cyber Security Academy.
- HR Academy.
- Entrepreneurship Academy.
- IT Service Management Academy.
- Paramedical Academy.
- Cloud Computing Academy.
- Summer School Academy.
- Teacher Training Academy.
- SAP Academy.
- Language Academy.
As of 2020, Henry Harvin has a customer base of 300,000 spread across 97 countries. The company dreams of becoming the Harvard of the Edtech space.
The company has been recognized by various leading publishers like Hindustan Times, Statesman, Hans India, Business World, The Pioneer alongside leading channels like Aaj Tak and News World India.
Unacademy offers various courses which vary from courses for classes 6th – 12th to courses for preparation of competitive exams such as NEET, JEE, UPSC, GATE, etc. The institution has also achieved various milestones which include having more than 50 million active learners, more than one million video lessons along with having a watch time of more than three billion minutes.
The main features of the platform include:
- Live classes.
- Various tools like practice sessions, mock tests, PDFs are offered to learn and revise.
- The flexibility to learn anytime, anywhere.
WAVE is a platform that enables students and teachers to interact in real-time using all mediums of interaction that are used in a traditional classroom i.e see, hear, and write. It is said to be a custom-made ‘Skype’ for education.
The company has extended its services to students of all grades(starting from LKG to the preparation of competitive exams) and subjects and has achieved various milestones in the process which include having more than five hundred instructors, over forty thousand students, and a watch time of over a million hours.
The various tools offered by the company involve the following:
- Marketing Dashboard – It has features that make creating posters, thumbnails, and sales coupons extremely easy. It also has the feature to send out notifications to students.
- Stats Dashboard – It helps in keeping a track of all students’ activities.
- Live Classes – The app provides tools to take multiple live classes.
- Video Lectures – It also provides the tools to upload unlimited video lectures.
- Online Assignments – The app provides various tools that help create practice sheets, mock tests, etc with auto-correction features. It also has a feature to scan question papers and convert them into online tests in less than a minute.
- Store – With this app, you also have your e-commerce store where you can sell courses and reach students across the globe.
All the user needs to do is take a picture of the question and upload it. The app will search its database for similar questions and match them to a video solution. In case the answer to one’s question is not available on the app then the user can post the question on the app for the tutors to provide a video solution.
Toppr is an app available on both Play Store and App Store which helps students learn in their personalized way.
It provides video lectures and various amazing tools including revision notes, practice tests – wherein students can choose the difficulty level and increase it gradually to improve – challenges where students can test their knowledge, etc.
It also offers a 24/7 doubt-solving facility. All these facilities are available for students from classes 5 – 12 and the ones preparing for competitive exams. It also has an interesting badge system that encourages students to do better.
The company now has more than twenty-three million happy students.
The company was first founded in 2015 by Mayank Kumar, Phalgun Kompalli, and Ronnie screwvala. They offer UG and PG programs and help students to get online degrees from universities across the world.
They also provide one-on-one mentorship and support for placement. They offer various courses ranging from software and technology to arts. The company has achieved a milestone having more than 2 million students, over three hundred hiring partners and over seven hundred industry experts.
With WizIQ students have the facility to access their training modules through their smartphones and laptops. The company has achieved various milestones like having 4.5 million learners and a total watch time of one billion minutes. It provides more than seventy thousand courses on the platform and delivers hundred thousand live online classes every month.
The main features of the platform include the following
- Clean and lean design – It offers an easily adoptable user interface.
- Integrated learning delivery platform – It integrates everything from the virtual classroom, tests, assessments, and live classes.
- WebRTC and Microsoft Azure powered – facilitates real-time interaction across browsers and devices.
- World’s first fully brandable mobile apps – its a fully customizable learning app.
The company has partnerships with various national and international universities which provide their degree and diploma courses on the company platform.
Edukart also provides job placement support through its job portal.
It provides various academic, competitive. and professional courses. Over the years it has reached various milestones such as having 1.5 lakh registered users forty thousand videos, over ten thousand hours of content, more than five hundred courses, and over 250 faculties.
The three goals of the company include –
- Facilitating in selecting the right path ahead.
- Providing the right blend of academic and skill-based resources.
- Enabling student employability.
Practically aims at making learning fun and engaging. It offers tools with immersive content, helps in hands-on learning, experiential learning, and going beyond the classroom.
It has 3D videos, simulation, and AR to make learning fun and engaging. The company has achieved various milestones including 3.5 lakh students and more than three hundred employees. Around two hundred schools across India and the Middle East using the practically app. It has even received an award of Best Edtech Startup Of The Year in 2021 by franchise India and Entrepreneur India magazine.
The company has a wide range of products for all ages which emphasizes S.T.E.M learning. It is a global brand and has sold over 3 million products across 25 countries. The company’s products are completely plastic-free and eco-friendly.
The goal of this company is to “unlock the human potential of India by transforming the education system”.The company works through an Income Share Agreement that is students can learn by paying zero fees and pay only after they are placed in a job with minimum pay of 5 lakh per annum.
The app provides various tools to create batches, conduct live classes, record attendance, collect payments, give assignments, tests, and quizzes. It also provides tools to create interactive courses and to set up your own content store.
It also SSL encryption to ensure your security. The company provides Tutorstack – a set of tools that helps teachers to connect with the students remotely. The company has hit various milestones like having a team of fifty-plus members and more than ten thousand paid customers. It has also raised about 2.5 million US dollars.
It is an Edtech startup that is an extensive search engine for students, parents, and anyone in the education industry who wants to seek information about the higher education sector in India and abroad.
The company was created with the vision of “empowering students with knowledge so that they make a wiser decision while choosing their career. The company has come a long way and has achieved various milestones including association with twenty-five thousand colleges, two hundred and fifty exams, and over thirty million monthly visits on the site.
It provides great tools such as live classes, online test series, and other resources for exam preparation. The main features of the application include the following:
- Experienced Teachers.
- Top-quality questions.
- Personalized detailed analysis.
- Test for real exam experience.
- A community for learning.
- Bilingual platform – that is both Hindi and English.
The company has been trusted by more than twenty million students and its videos have been viewed over fifty million times.
The best part about the app is that it’s absolutely free. It provides students with free self-study models and fun games for practice. The app has practice exercises and games between the lessons and even after the lessons for quick learning and revision. The exercises provided in the app test your reading, writing, and listening skills in the language you’re learning.
The platform also provides unlimited access to test videos and notes and basically everything that a student needs to prepare for exams. It has more than two hundred and fifty thousand documents and notes on the platform. It also has over seventy-five thousand tests.
It covers 12 plus entrance exams and it has over a hundred thousand video lessons on its platform. It helps students to improve their marks and ranks. It provides tools to help analyze a student’s strengths and weaknesses and it helps the user to clear the exam with the least amount of time, effort, and money spent.
- It makes learning easy by prompting students to go through the concepts before live classes.
- Quizzes and analytics are done between the classes to facilitate learning.
- A test is taken at the end of every live class to help students retain the concepts learned.
The app provides various tools such as short crisp videos, chapter-wise tests, live test series, and reports to identify the strengths and weaknesses of the students and help in overall improvement.
These were the 20 Best Edtech Companies in India. All of these companies – in their own different unique ways – are trying to make education creative, fun, and a joyful process. They all are aiming to revolutionize the education system. With Covid19 the possibility of this revolution has increased. There has been exponential growth in the number of internet users and immense growth in the online education consumer market. People have now tried and tested the benefits of online, on-demand, and self-paced education. If the Edtech industry continues to grow at this rate, then a revolution in the education system would not be far off.
Edtech stands for “Education technology”. The industry focuses on combining education and technology to facilitate learning.
The Edtech industry is transforming the traditional classroom system by introducing new ways of learning which make education a fun and joyful process. It provides the benefit of on-demand and self-paced education.
Currently, there are four Edtech Unicorns in India. The first being Byju’s, which is now the biggest Edtech Unicorn in the world. While the other three are Unacademy, Upgrad and Eruditus.