Friday, September 30, 2022

Top EdTech Startups In India

Title: Guide to Top EdTech Startups in India

Description: From the ancient abacus to handling calculators, we have come a long way in the field of education. However, e-learning has truly revolutionized education. With the coming of edtech startups, learning has reached a new dimension. Edtech focuses on technological tools and media that help communicate knowledge and its development and exchange. In this field, e-learning continues to evolve in exciting new ways for aspiring teachers and students alike. This guide will provide you with a detailed overview of the top EdTech companies in India to help you understand this topic better.

What are EdTech Startups?

The fusion of technology and education is making headway for a better and more inclusive future in the shape of EdTechs.

As George Couros said, “Technology will never replace great teachers, but great teachers combined with technology can transform learning.” Edtech’s potential for scalable individualization has been crucial to its success. Edtech refers to the combination of IT tools and educational practices aimed at facilitating and improving learning. Tablets, interactive online courses, and even robots that can take notes and record lectures for absent students now replace the clunky desktop computers that were once the norm in classrooms.

The practice of using information and communication technology tools in the classroom to provide more interactive, inclusive, and individualized learning experiences is known as “edtech,” or education technology. Numerous changes are being made in classrooms as a result of the advent of edtech tools. For instance, edtech tools like robotics, virtual reality lectures, and gamified classroom exercises help students stay interested in their studies. Startups in the edtech space are really shaping the sector and tackling pedagogical and commercial issues.

Top EdTech Startups In India

1: ANDELA: PROGRAMMING EDUCATION 

ANdela

  • Founded -2014
  • Location – Nairobi, Kenya
  • Funding – E funding round led by Softbank Vision Fund 2.

Andela provides intensive programming training in Nigeria and Kenya. Students who make it through will find it extremely competitive. It targets the most exclusive programming and introduces them to a burgeoning world. Andela evaluates students’ technical and cultural needs to match them with engineers who are passionate enough to meet their needs. Engineers at their company are full-time technologists who communicate effectively, manage stakeholders effectively, and engage proactively with your team. Every engagement includes onboarding to ensure distributed teams are immediately productive.

2: UDEMY: ONLINE CLASSES

Udemy

  • Founded -2012
  • Location – San Francisco, California, United States
  • Funding – Udemy has 36 investors including Alexander Rugaev and SharesPro.

It is an open online marketplace where anyone can upload and sell a class. It includes learning in programming, marketing, data science, and development courses. If you are looking for an affordable, flexible lifelong learning option, Udemy is ideal for it. Udemy has become a platform for corporations to create customized training courses. With the diapositive level, it provides ratings and reviews to students, which will make you decide if it’s worth your time or not.

3: BYJUS

BYJUS

  • Founded -2010
  • Location – Bangalore, India
  • Funding – BYJU’S has 55 investors including Byju Raveendran and Vitruvian Partners.

BYJUS has grown into one of the top EdTech startups founded by Raveendran. Their main motive is to make learning little fun, with the help of video sessions and by creating engaging questionnaires that make student learning really enjoyable and personalized for everyone. With the increasing support, they have also introduced learning for kids, mainly focusing on early learning for tiny tots from classes 1 to 3.

4: COURSERA

coursera

  • Founded -2012
  • Location – Moutain View, California
  • Funding – Coursera has 30 investors including Global Secure Invest and Mind rock Capital.

Coursera is an online platform juggernaut that has received the backing of a million top venture capital firms. What sets it apart from others is its partnership with elite universities worldwide; classes of this kind have been known as MOOCs, “Massive open online courses.” Not only this, but Coursera also provides certification of their online badges attesting to a certain skill or the course of training, it has leveraged its connection with universities worldwide and provide certification bearing the names of elite school and universities.

5: SIMPLILEARN

SIMPLILEARN

  • Founded -2010
  • Location – San Francisco, California
  • Funding – Simplilearn has 4 investors including InnoVen Capital and Kalaari Capital

Simplilearn is an online boot camp providing digital skills training to help individuals acquire the skills they need to thrive in the digital age. It is an amazing portal that provides certification for professional courses. It connects students and teachers from across the globe. Today, Simplilearn has become a part of value and professional education. In a total of four funding rounds, they have got 31 million in funding.

6: UNACADEMY

UNACADEMY

  • Founded -2015
  • Location – Bangalore, India
  • Funding – Unacademy is funded by 42 investors. Mirae Asset Venture Investment and General Atlantic are the most recent investors.

Starting from just a YouTube channel, Unacademy came a long way to reach this point. Unacademy is now a famous name in the education technology segment of India. It’s not only serving as an online learning marketplace for courses but also providing free education to students and has also ventured into various fields like banking, CAT, CLAT, JEE, NEET, and more. You can watch video lessons in various languages and even download PDF notes offered by their top educators. As of February 2020, Unacademy has received 110 million in funding.

7: VEDANTU 

VEDANTU

  • Founded -2014
  • Location – Bangalore, India
  • Funding – Vedantu has 12 investors including Orios Venture Partners and GGV Capital.

Vedantu is a live online education platform that offers personalized courses to students. It has more than 500 top educators on its platform currently; in July 2020, due to its specialized live interaction sessions, VEDANTU achieved LIVE classes of more than 1 million hours in this short span of time. Vedantu raised more than $200 million in funding.

8: WHITEHAT Jr EDUCATION TECHNOLOGY

WHITEHAT

  • Founded -2018
  • Location – Maharashtra, India
  • Funding – WhiteHat Jr. has 4 investors including Bossanova Investimentos and Omidyar Network.

WhiteHatJr has become the leader of live coding class interaction with students. It has created a base of students in India and the US. The unique part that it plays in providing a single tutor to every student for better understanding. It ensures students are not just consumers of technology but also creators of technology.

9: TOPPR 

  • Founded -2014
  • Location – Maharashtra, India
  • Funding – Toppr has raised a total of $112.1M in funding over 11 rounds. Their latest funding was raised on Jul 29, 2020, from a Series D round.

Toppr provides online tuition to students from classes 5 to 12. It makes learning easy and efficient and is one of the leading after-school learning apps. It caters to the individual learning styles of students and provides the widest K12 syllabus coverage with over 1 million course combinations. Toppr has won multiple awards since its inception: TOP20-EdTechX Global Awards-2017 and Best Education Platform-2018.

10: UPGRAD 

UPGRAD

  • Founded -2015
  • Location – Maharashtra, India
  • Funding – Edtech unicorn upGrad has raised $210 million from ETS Global, Bodhi Tree, Singapore’s Kaizen Management Advisors, as well as Family Office of Bharti Airtel, Narotam Sekhsaria Family Office, and Lakshmi Mittal’s Artian Investments, along with existing investors Temasek, IFC, and IIFL.

UpGrad is India’s largest online higher education company, providing programs in Data Science, Technology, Management, and Law to students, working professionals, and enterprises. UpGrad has established itself as the industry leader in Indian education and is well on its way to realizing its vision.

11: BrainPOP

BrainPOP Edtech Companies National

  • Founded -1999
  • Location – New York, USA
  • Funding – Vidcode

BrainPOP is introducing a more entertaining method of teaching to the classroom to aid children in better connecting with the material they are learning. Through interactive games, movies, and activities, students can become involved in a variety of subjects. Kids can explore several paths while developing their social skills, from arithmetic to music. As a result, using BrainPOP’s technologies makes learning far more engaging and thorough.

12: Khan Academy

2022 Khan Academy Review: What Is Khan Academy & Is It Worth It?

  • Founded -2008
  • Location – Palo Alta, USA
  • Funding – mostly funded by donations coming from philanthropic organizations

In order to provide students the freedom to learn at their own pace both inside and outside of the classroom, Khan Academy provides practice exercises, instructional videos, and a personalized learning dashboard. In addition to teaching K–14 students test preparation material for the SAT, Praxis, and LSAT, we also cover math, physics, computing, history, art history, and economics. We put a lot of emphasis on skill mastery to provide learners with solid foundations, which opens up the world of possibilities for what they might learn next!

Conclusion

These are the top EdTech startups. The unexpected closure of schools and higher education institutes due to COVID-19 has sped up the education system’s landscape; the EdTech sector raised its utmost potential. It is also helping students to cultivate the habit of value education and also enhance their skills.

FAQ

1: Which company is related to the business of smart classes?
Ans: Edtech Startups like Vedantu, BJUYS, UPGRAD, and Unacademy are in the business of smart classes.

2: Which organization offers courses for school students?
Ans: Unacademy offers courses for school students

3: Are EdTech startups profitable?
Ans: The business models for EdTech applications, including those for organizational learning and educational apps for children, have developed into some of the most lucrative (for entrepreneurs) and alluring (for investors) business models over time.

4: How do I start an edtech startup?
Ans: Get to know the edtech market. Focus on a niche. Your idea needs to be validated. Create a value proposition that is unique.

5: Is physics wallah a profitable company?
Ans: With positive cash flows and reserves, it is India’s most profitable company

6: Can you make money in EdTech?
Ans: One of the reasons why edtech marketplaces are so popular is because of this. Creators can monetize their educational content and take a share of the revenue from the platform.

Anamika Kalwan
Anamika Kalwan
I am a logophile who loves to write. With an experience of 3+ years, I have passionately contributed my expertise and knowledge to create content in the field of Technical and E-learning based Content Writing.I am a logophile who loves to write. With an experience of 3+ years, I have passionately contributed my expertise and knowledge to create content in the field of Technical and E-learning based Content Writing.

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