Although people are underestimating the value of education these days because of the “drop out” tag, we all know how important education is. People needs to upgrade their skills instead of just getting a degree. Schools & colleges are important but equally important are the skills which schools & colleges don’t teach us. Edtech startups are changing the scene of education in India. They are making it interesting to learn new things. It ultimately help the nation because we know that children are the future of our country.
India suffers from skewed pupil-to-teacher ratio, which is rising and it compromises a complete learning experience for students in schools. And hence, these technology-driven learning apps are using gaming elements, such as point-scoring and interaction with others, personalization, and data-driven insights to help boost the learning process for students and sharpen their basics in various subjects. They are revolutionizing the learning process and helping students in many ways to perform better in classrooms.
Edtech startups are emerging as a major business industry in India. The education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach $101.1 Billion in FY19 (source: ibef.org). Let’s see some of the best Edtech startups which are gradually emerging and changing the world regarding education scene in India.
List of Top Edtech Startups in India
BYJU’S Classes is a learning app that provides coaching for competitive entrance exams like IIT-JEE, CAT, UPSC, GMAT, GRE, Engineering & Medical, and supplement courses of grades 6th to 12th. BYJU’S offers online courses and tablet classes with multi-test and assignment solutions, personal feedback and in-depth analysis. After the use of BYJU’S app, 93% of parents reported a marked improvement in their children’s performance in grades, according to the company. BYJU'S has 15 million registered users with 9 lakh taking annual paid subscriptions and an 85% renewal rate. The average app engagement rate, as reported by the company, is 53 minutes per day.
BYJU’S is a Bangalore-based startup which was founded by Byju Raveendran in 2011. Its current total equity is $5.4 billion. BYJU’S has also won many awards like CRISIL Emerging India Award and Deloitte Technology Fast 50 Award, and is available on Android and iOS platform.
Started as a YouTube channel by Hemaash Singh in 2010, Unacademy is now a famous name in the edtech market of India. Unacademy has provided lessons to more than 30,00,000 (3 million) students. They have tied up with some of the most famous and experienced teachers to teach the students. You will find over 2400 online courses. Most of the courses are free on this platform, however, you might have to pay for certification.
Unacademy has a goal of providing all the education in the world for free and it has ventured into numerous fields like Banking, CA, CAPF, UPSC, CLAT, CAT, JEE, Pre-Medical and more. The video tutorials are available in various languages and the students can follow tutors and get courses from them directly on their homepage. Their majority of the business model runs on the Plus Subscription feature on their platform.
Unacademy is a Bangalore-based online learning marketplace for courses which was founded by Heemash Singh, Sachin Gupta and Gaurav Munjal. The YouTube channel was shifted to an online learning platform in 2015. Although you will still find many learning videos on their YouTube Channel.
UpGrad is an online platform that provides higher education programs. They provide an immersive learning experience with the latest technology and well-designed courses. UpGrad was founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgum Komapalli and Ravijot Chugh.
Also read: Success Story of UpGrad
Toppr is an online exam preparation platform for K-5 to K-12 students focused on school curriculum syllabus and entrance examinations like JEE, UPSC, NEET, SAT, etc. It offers structured courses that feature interactive video lectures, practice question sets, doubt clearing by professionals and all India test series.
Toopr is a Mumbai-based company founded by Zishaan Hayath in 2013. The Toppr app includes goal based learning, adaptive question practice, performance report, concept sheets and previous year question papers. It also offers courses for medical and engineering examinations, board examinations, and Olympiads.
Next Education is a Hyderabad-based learning website founded by Beas Dev Ralhan in 2007 and focuses its technology based education solutions firm on K-12. It has leading products on its platform like TeachNext, LearnNext, MathsLab, ScienceLab and EnglishLab which are used in more than 6,000 schools across the country.
The study material and products are designed to cover the syllabus and curriculum of CBSE, ICSE and 23 state boards in 8 major Indian languages. Next Education’s technology platform is based on Linux and open-sourced. Other technological advancements on the app include 2D and 3D graphics, interactive content of international standards, voice-overs, clear sound and innovative course design that is easily accessible via an inbuilt IR remote.
At present, the company has invested over Rs. 400 crore and more than RS. 30 crores on R&D alone.
Meritnation is an online education platform based in Delhi which was founded by Pavan Chauhan in 2008. It has grown to be one the most useful websites for online education. They provide learning content for students for classes 1st to 12th – CBSE, ICSE and leading state boards.
Meritnation provides its users with study material, tests, proficiency tests and Olympiad packs. It has a complete social network experience for education and the app also tracks every student’s progress and displays personalized recommendations along with analytical data reports to point out strength and improvements areas.
Leverage Edu started off as a college admission platform and has now grown to be a full stack marketplace in the last one year. It was founded by Akshay Chaturvedi in 2018. The platform uses an AI tool to help students in their careers through mentorship products, end-to-end college admission guidance, programs to help get first-job ready and one-to-one virtual career advisory for multiple career streams.
The app has over 1500+ mentors from Ivy League Universities, among others, long with experience centers such as Apple, Goldman Sachs being a few. The founder was quoted saying, “the platform is the middle of executing an inspiration product roadmap and will continue to scale and bring onboard great talent aggressively, invest in continuously bettering our experience, and doing more or what we are good at!”
NoPaperForms is a SAAS, i.e. Software-As-A-Service based enrollment automation solution startup which aims to transform the admission process in the education institutions in India and abroad.
The platform helps institutions to increase their outreach capabilities, enhance recruitment efforts, expand customer service offerings and improve end results. The entire admission process is 100% transparent. The company has partnered with more than 190 institutions and claims to have handled 350k+ queries. It has more than 1.2 million applications received and has grown by around 500% in a year’s time to 100 crore when it raised its Series B funding in December of 2018 from the existing investors.
Quizizz is an interactive teaching platform which allows its users to conduct student-paced formative assessments in an interesting and engaging manner for students of all ages. The website can be operated on any browser, PC, laptop, tablet and smartphone.
The platform combines game-design elements and helps teachers turn students’ homework and tests into self-paced games as well as give them instant feedback to help them learn for mastery. Teachers use their own content or they can even choose from millions of educator-created quizzes and students can engage from any device. The startup’s aim is to motivate every learner and help them when they struggle and want to improve. The company has over 10 million users and the solution was also well adopted in US-based schools.
Camp K12 provides entrepreneurship and app development programs to school students during their vacations and weekends. They focus on developing kids to make them innovators instead of just providing certificates.
CampK12 was founded by Anshul Baghi in 2010. The company was started as a coding bootcamp for kids. As of today, CampK12 has taught to 50,000+ students from its inception.
Coursera is another education platform which offers a vast variety of courses. The USP of Coursera is the experienced professionals it hires. If you want to learn from highly experienced personals from all around the world, then Coursera is for you. Just like Unacademy, you can find some course’s videos free to watch but you will have to pay for certification and assignments.
Cuemath is a program that teaches math to children. Their only focus is on math. They have more than 3000 centers all around the nation and each session has only 6 students at a time. Cuemath is not like Abacus or Vedic math because they focus on improving the mathematical concepts of children instead of merely teaching them to calculate fast. It was founded by Manan Khurma in 2013. The fees range from Rs. 2500- Rs .3000, depending upon the region of the country.
Logic Roots was founded by Gunjan Agarwal in 2011. It is another startup focused on the math subject. Logic Roots is a game manufacturer company which designs and manufacture board games that help kids to understand the basics of mathematics. Their products are available on every big ecommerce platform like Amazon and Flipkart. Besides games, they also provide worksheets for kids on their website.
IndigoLearn is a Hyderabad based and accountancy focused Edtech startup. This startup uses the latest technology and animation techniques to make finance and accountancy easy and fun to learn. IndigoLearn was founded by Somayajula, Sathya Raghu Mokkapati Suraj Lakhotia and Sarat Udumari in 2017.
My Peegu provides a tool that helps parents and teachers monitor their kids. A team of professional psychiatrists provides proper treatment to the kids to develop their minds. The service of My Peegu is available in 6 countries including India.
Started as an independent research project named “Project Mudra”, Thinkerbell Labs now working hard to make a self-learning braille device. The device is named Annie and anyone can learn the braille language with this. This is an innovative product for India and it will lead to so many innovations in the future. Thinkerbell Labs was founded by Sanskriti Dawle and Aman Srivastava.
MyCaptain provides a way to experience various fields of interest and test them all out for students. Most of the time, kids choose their path according to the social norms or in the greed of tons of money. They think this is their passion and eventually, realizes that it was just a phase. MyCaptain fill that gap of education and discovering self interest. People can make a better decision when they have experienced various professions.
Also read: List of Top Entrepreneurs of India
Even though the Indian education system is still developing, we still have to deal with the existing system. They create a competition among students, which is not good but you have to go through the system in order to get out of it. At least, study hard in your school days, don’t just chase your dream, prepare for them. You will have a lot of time to work on your dreams. So, be patient and do your best. You can work on your skills while you are in school but don’t focus on money unless you come out of your school. Schooling is a crucial part and the best time of life.
Comment some more Edtech startups you know. Also, let us know how was your online learning experience?