Covid-19 has been witnessed as one of the reasons for the surge of online learning. In other words, it can be said that the Novel Coronavirus and the lockdown have boosted the growth of edtech platforms. This gave an edge to all the online learning platforms to bring their services to a broader audience.
Likewise, Vedantu came up with a marketing campaign saying India’s Learning Won’t Stop asking usersto Study from the safety of their home. The brand has come up with various learning services to cater to all school and college-going students, having a vision that no child is left behind from learning.
Vedantu is an edtech startup that provides a Live Online Tutoring facility to students from their homes. Vedantu provides live interactive classes with unlimited doubt solving for students from pre-school, Class 1-12, JEE, NEET and other entrance examinations.
Vedantu provides a seamless user experience. One can avail of their services by downloading its app or by signing in to its website.
Vedantu can handle more students in one session since it is a virtual class. There may be up to 600 students during a paying session while free lessons maybe 2,000, Krishna said, who’s a professor himself. He also runs Lakshya Institute before selling a big stake in Mumbai’s K-12-based tutoring and test-processing company MT Educare, which helps students prepare for undergraduate studies, until early 2014. It has created a proprietary method called WAVE (Whiteboard Audio Video Environment), which tests about 70 criteria, including whether the student is watching the screen, in order to ensure students are aware of and recognize their vulnerabilities.
Vedantu’s Pricing Strategy
Vedantu Live Class
A Bangalore-based startup, Vedantu has raised an additional $24 million as a part of the Series C funding round, which runs a learning app for students. This was in addition to the $42 million raised in August 2019. In July 2020, Vedantu raised $100 million in funding led by a US-based Coatue. With the latest funding, Vedantu’s total fund tally stands at over $200 million.
Vedantu offers free access to all live classes and content. However, there is a subscription model as well where students are charged based on the tenure of the courses which are categorized as long-term, short-term, micro-courses and crash courses.
You can also select pocket-friendly plans or opt monthly subscription instead of paying all amounts together. Also, they provide free demo classes that would help you in making a vital decision for enrolling in the course or not. One can browse various courses both on its application or website.
Vedantu Marketing Strategy
Vedantu Live Online Classes
Vedantu has appointed two senior executives, Kunal Dubey as Marketing Head and Lucky Saini as Brand Head in its marketing unit. This charismatic pair has been playing an active role in driving business growth. Their aim is to promote Vendantu’s services in such a way that it gets more students day by day. They are making efforts to place the Vedantu brand among students and parents as the most favoured and valued Edtech.
Vedantu’s culture reflects the organization’s rock-solid foundation as well as empathetic leadership. I am humbled to take on this role and believe that a strong culture leads to great business stories. I look forward to building a passionate marketing team that lives and breathes our brand purpose every day. – Kunal Dubey, Marketing manager of Vedantu.
Dubey worked for eBay India, Flipkart and PhonePe over a period of 15 years of his career whereas Ogilvy, Autumn Gray, Flipkart, Manipal Education and Manipal Group have managed to share Saini’s career.
Here are some interesting features of this e-learning firm:
Personalized LIVE training from home comfort. This means that a pupil receives a committed teacher’s full attention and studies at his own speed. Teacher-student relationships are powerful, bidirectional, and technologically controlled for quality improvement.
They have also introduced experiments such as video games which are not only fun but knowledgeable in order to make the class more interactive and student-friendly.
They have a feature of the feedback system where teachers frequently inform parents about the success of their child. This provides an edge over the conventional PTM meeting held twice or thrice a year at schools/colleges.
The TV ad is very attractive and linked to a fun, jingle-filled learning experience.
“Samajh aayega toh maza aayega, maza aayega toh samajh aayega”
The TV ads add credibility and allow the brand to explain its message to a broader audience. These ads help to drive the social campaign as well. There is more chance that the customer is going to visit your social or digital platform once they see your ads.
The Initiative underlines the need to make the children’s learning experience more exciting and successful by using LIVE streaming lessons.
Vedantu’s target audience is all school-going children and college students. As they provide free access to all live classes and content of pre-school, class 1-12, JEE,NEET, and other entrance examinations. The platform also targets teachers who teach unique subjects and who are able to devote multiple hours teaching online and to seek extra revenue. It also approaches coaching institutes that can teach online to a range of tutors. So far, the brand has covered 500+ cities Worldwide with 39,787,257+ happy students.
Conclusion
Here, we understood the marketing strategy of Vedantu i.e, Vedantu’s Pricing Strategy and Vedantu’s Target Audience. The sole aim of the organization is to create an educational world that is readily available to all. Individually flexible in terms of experience better than community classes and options that the online platform offers, for example, the instructor preference, time schedule and, most notably, study standard.
FAQs
What are the five marketing strategies?
The 5Ps ofMarketing are:
Product
Price
Promotion
Place
People
What is the business model of Vedantu?
Vedantu operates on a B2C business model whereby the company provides services like live online tutoring to students from K-12, college students, and also the one who is preparing for various competitive exams.
How does Vedantu make money?
Vedantu earns money mainly by providing education support services and charging a fee for the same. They have different fee structures as per the different subscription plans.
Who are the competitors of Vedantu?
Some of the top competitors of Vedantu are:
BYJU
Unacademy
Chegg
Meritnation
Toppr
Wonderschool
Simplilearn
Who is owner of Vedantu?
Vamsi Krishna, Pulkit Jain, Anand Prakash, and Saurabh Saxena are the founders of Vedantu.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by WizKlub.
Technological advancements today have changed the way we communicate, educate, carry out financial transactions, the way we shop, and numerous other horizons of our lifestyle. To create the kind of technology that can solve both access and quality problems associated with the education sector across the world Amit Bansal launched WizKlub in 2018.
Hailed as an innovation platform for kids, WizKlub offers a wide range of ways to nurture complex and critical thinking in the minds of children between 6 and 14 years of age in a simplified way.
Here’s the success story of WizKlub that includes everything about WizKlub, its Founders and Team, Startup Story, Business Model, and Revenue Model, Challenges, Funding and Investors, Growth, and more.
WizKlub is a research-based education company that has combined technology with research in cognitive learning to empower K-8 students with smart reading and problem-solving programs and skills required to succeed in the coming decade. WizKlub’s HOTS and SmartTech programs develop cognitive skills in children aged 5-15 years through an AI-powered tech platform that delivers a personalized learning path for every child.
WizKlub’s vision is to provide high-quality education to school children through advances in science and technology and impart skills needed to succeed in the future along with creating a million thinking minds who are lifelong learners, adept problem solvers, and would build technology for a better future.
WizKlub offers a wide array of products including:
HOTS – Higher Order Thinking Skills across Comprehension, Critical Thinking, Logical Reasoning, and Problem Solving. The WizKlub HOTS Program develops higher-order thinking skills to ensure that every child is a smart reader and a smart problem solver.
YPDP – The Young Product Designers Program offered by WizKlub is designed to help children build and code tech products.
Connected Learning (STEAM Learning) – The Connected Learning for Kids, as offered by WizKlub, helps children between 6-14 years learn an integration of Science, Technology, Engineering, Art, and Math, which is designed to nurture co-curricular activities in them.
Alexa Skill Development for Kids – This wing that helps kids learn programming, empowers them with Blockly-based WizKlub’s Voice Developer Tool, which will help them build their own Conversational AI – Alexa Skill.
Machine Learning for Kids – This program of WizKlub extends adequate knowledge to the children to help them build their own Machine Learning engine.
Wiz Web Design for Kids – The Web Designing program of WizKlub helps the children to learn the basics of web development with HTML and CSS.
WizKlub has also launched a SmartTechprogramme, which caters to children, even those who are aged 6 years, and helps them develop lifelong skills and confidence by empowering them to create tech products by applying cutting-edge technologies of coding, robotics, smart devices, and AI. WizKlub also boasts of its programmable smart device, ‘WizGear’, which helps a child get a new product module that they can use for coding and building every month.
In the coming future, it is expected that 7 out of 10 school-going students would be working on roles that don’t even exist today. The implication is that these students would be required to solve NEW problems. Further, this generation needs to be lifelong learners as technology is changing every industry making the roles obsolete every 3-4 years. However, more than 90% of the students in the Indian school system learn and solve problems using “Rote Memorization” which means that they would be a misfit for the workforce in the coming decade or may end-up doing extremely low-end tasks.
WizKlub products solve this problem by raising the core aptitude of every child and making them smart learners and adept problem solvers. The students of the WizKlub system are trained to become Creators of Technology than just being passive consumers of technology.
Product designed with research in Cognitive Learning.
Personalized learning path for every learner based on existing levels.
Hybrid learning cutting across facilitator, app, and conversations through Artificial Intelligence.
Hybrid learning environment cutting across facilitator, app, and conversations through Artificial Intelligence.
WizKlub – Target Market Size
WizKlub is targeting k-8 school students. The k-12 supplementary education sector in India itself is $15 billion (Rs 100,000 crores). Several k-12 students are 350m and half of them are in the k-6 segment itself. According to a report by KPMG in India and Google, the online Education market is expected to cross $2bn by 2022 and $4bn by 2025.
WizKlub – Founders and Team
The founder and CEO of WizKlub is Mr. Amit Bansal. Other team includes Manohar Kashyap, Jaspal Singh, Swarup Vijh, and Pramod.
Amit Bansal
Amit Bansal – Founder & CEO WizKlub
Amit Bansal is the Founder and CEO of WizKlub. Amit has a Master’s degree in Marketing from XLRI, Jamshedpur. Before founding WizKlub, he was an Advisor at IndiQube. Also, this is not his first startup, before WizKlub, he has also co-founded startups like Xcelerator and PurpleLeap.
Swarup Vijh is the Senior Vice President. He has a Master’s degree from the University of Pune. Swarup was working with iStar as a National Operations Head before collaborating with WizKlub. Vijh held some other key leadership positions in several organizations including Pearson Education, ICFAI, HED-X, GMMCO, and more.
The startup onboarded Pankaj Bande (Jain) as its Chief Technology Officer (CTO) on May 4, 2021. Some other notable employees of WizKlub are Manohar Kashyap, Jaspal Singh and Pramod N.
Team WizKlub
WizKlub – Startup Story | How did it start?
This EdTech company for School Children is the third EdTech venture of this team. The earlier two ventures were in the higher education space where the team worked with over 50,000 engineering students across India. “We realized that at that stage we could create the maximum impact by skilling students on specific tools. However, at that age, the basic aptitude of a student is pretty much cast in stone and cannot be changed significantly. So, if a student does not have programming aptitude, one cannot be trained to become a good programmer.” Said Amit Bansal.
More research established that the core aptitude of a person that defines one’s suitability for different career roles is pretty much defined in the first 12-13 years of their life. And unfortunately, the Indian schooling system is still focused on curriculum, instead of focusing on core aptitude that makes one smart learner and adept problem solver. Hence the team decided to address this issue by providing a scientific program to build these skills when the age is right. They worked on the product for 6 months including prototyping and pilots to establish product efficacy. The product has an 83% efficacy rate which is quite remarkable for a learning product.
“WizKlub is on a mission to create a million thinking minds,” says the mission statement of the company.
WizKlub – Name, Tagline, and Logo
The logo of WizKlub is essentially centered around a tick mark which denotes students making the right choice. WizKlub is a club of Wizards. Essentially, the creators of tomorrow are the wizards of the future. They are going to look like they have magic powers compared to everybody else.
WizKlub Logo
WizKlub – Business Model and Revenue Model
The business model of WizKlub is subscription-based and the investment ranges from 10k to 25k per year depending on the program.
WizKlub – Funding and Investors
The funding amount of WizKlub stands at $1.96 mn (Rs 15 crore), which was raised via an Angel round followed by a Seed round that poured in Rs 2 crore and Rs 7 crore respectively, after which, WizKlub raised another Rs 6 crore via a Pre-Series A round of funding.
WizKlub has last raised a Pre-Series A funding round led by Incubate Fund India. Before this it raised a seed round of funding of Rs 7 crore, which was led by Incubate Fund India with participation from Insitor Impact Asia Fund. The company planned to use the fresh capital for product and market expansion.
Date
Stage
Amount
Investor
February 16, 2021
Pre-Series A
INR 6 crore
Incubate Fund India
January 2020
Seed
INR 7 crore
Incubate Fund India and Insitor Impact Asia Fund
January 2019
Angel
INR 2 crore
Saurabh Chandra, Hardeep Singh, Pankaj Goel, and Pradeep Singh
WizKlub – Growth
WizKlub’s distribution model is centered around neighborhood facilitators who impart the program to the students in the apartment or community areas. The team launched the program through events in these apartments and found the early adopters. The customer experience and product efficacy have been extremely important to the team ever since its inception, and the growth has been through positive word-of-mouth from our existing users. “We have moved the core aptitude (IQ) of more than 3000 students!” says Amit Bansal.
The startup has 150+ centers in Bengaluru and has progressed 3000+ children through its programs. The company also offers HOTS and SmartTech programs on a subscription model and is on track to on-board 10,000+ children over the next few months.
The subscription-based online programmes offered by WizKlub are empowering students globally. With the help of these programs, WizKlub boasts of having delivered 100,000+ hours of personalised learning to young students across the world.
WizKlub – Startup Challenges
One major challenge that WizKlub faced initially was that the product was delivering results in terms of improved learning and problem-solving aptitude but ONLY those parents who were involved with their kid’s learning journey were able to witness the results. The involved parents could see that the child has become an active reader, can read between the lines, is asking intelligent questions, is more inquisitive, is not scared of unseen problems, which was not the case before joining the program. However, the other set of parents were not able to appreciate the difference as they were expecting results in terms of visible output. The team solved this problem by demonstrating the improvement of the world’s most popular IQ test for children, WISC ( Weschler’s Intelligence Scale for Children). They were able to demonstrate similar efficacy of 85% improvement on the third-party assessment WISC as well.
WizKlub is planning to grow further in the boom of the edtech startups that we are witnessing in India. The startup is also planning to hire 150 more tutors to enhance its learning programs.
FAQs
What is WizKlub?
WizKlub is an Edtech company that caters to the K-12 (kindergarten to 12th grade) segment focusing on developing skills in children that will help them succeed in competitive exams and beyond.
Who is the founder of the Wizklub?
Amit Bansal is the founder of WizKlub.
What is HOTS Olympiad?
HOTS Olympiad is the World’s First Olympiad series that focuses on the Core Aptitude and IQ of a student. HOTS Olympiad is designed by Practitioners working in the area of Cognitive Excellence for children in classes 1 to 8.
What are the competitors of WizKlub?
Some of the most notable competitors of WizKlub are:
Markus Aurelius said that the first stepof understanding anything is simplicity; he proposed that one should understand the nature of something before dwelling on it. So going by the words of one of the most renowned philosophers in the world, let us understand what is ed-tech or educational technology.
Breaking it down to its simplest form educational technology usually involves the use of computer software and hardware along with teaching pedagogies to facilitate and enhance the learning experience. The ed-tech industry is quite a niche market and its demand has been rising in recent years. so if you are someone who wants to build your own edtech company here’s how you can get started.
While I was researching this topic, I understood that many renowned personalities in this field have suggested first understanding the ed-tech market. For example, before the pandemic started, the US ed-tech sector received 1.66 billion in investments, which is the highest in 5 years.
While many industries were at a disadvantage due to the pandemic, ed-tech companies raised an astonishing 16.1 billion USD. Knowing the market, its demands, and other things like that would ensure any suitor in this sector scale the evidence and weigh the facts.
Narrow Down and Validate Your Idea
You need to understand the concept of divide and conquer when it comes to ed-tech. The ed-tech market is too vast and ever-changing for a single entity to rule over.
The first step is to critically and objectively view your own idea. Find out whether your idea serves the customer’s needs and itself is unique. This will also go on to indirectly help you predict the market, discover the trend of your niche, and identify your competitive advantages.
It may look tempting to start your own ed-tech company when I put it across in such simple terms but we need to understand the problem of validity because before you propose any idea you have to ask yourself these 3 questions,
Does your idea solve a problem that is troubling a lot of people or improve a system that is quite essential in this specific area?
How do you know that you are solving a problem?
Do you have enough data and research backup to support and pitch your idea?
Define Your UVP and Choose the Right Business Model
Any business requires a UVP or a unique value proposition. What can you offer that other companies can’t? Your unique value proposition can be constructed by 3 crucial things,
The value that is delivered by your product.
The customer base that you would like to target.
What is the approach you are adopting to sell your product in this highly competitive market?
The right business model must follow your UVP. A business model usually entails how your ed-tech startup will achieve its goals and earn its revenue. It also describes the main highlights of your product and how it is going to create value for your customers.
You can experiment with a number of business models. Certain business models usually are taken up with the intention of rapid growth and the capture of large market shares, whereas certain others would usually involve selling products to institutions and monetizing your customer base from the beginning.
My advice to anyone who is interested in this area would be to choose a business model that helps you build a sustainable and independent business around a challenge or problem that you are trying to solve.
Build the Perfect Team
Building the Right Team
The right team is necessary for any business to succeed. In the highly competitive ed-tech industry, one needs to have the right team for even his/her idea to even come into consideration in front of investors. The best way to address this problem is to hire a group of professionals who are passionate and have an experienced background in education, which acts as their primary motive and the monetary benefits as their second priority.
Try to build a team that can help you create a scalable monetization model and a go-to-market strategy for your product. Being an ed-tech company’s CEO is definitely a different experience. You should start engaging in educational conventions, start visiting your local schools and understanding their learning demands and start talking to other individuals who are involved in the same business.
Being a startup in the initial stages would usually mean that you would have to work with minimum revenue. It is always better to work with an outsourcing company than pay an in-house team of engineers.
The need to have a skilled CTO – an individual who has the experience and expertise to work on the design of your product and oversee your development team is key to progress.
Have a Proof of Concept/MVP
Theoretically, it is easy to pitch any business idea. Practically every aspect of the product will find it difficult to serve and deliver to different demands of the real world. The best way to resolve this issue would be to build a proof of concept.
By building a proof of concept, you would have a strong base to validate your idea on a minimal budget. This application would usually involve the most important functionality or risky features of your product. Fancy design should not be used here to dazzle users.
Minimum viable product (MVP) works on similar lines with proof of concept. Proof of concept usually involves proving that your product will work in real life but whereas an MVP ensures that your customers are satisfied and pleased with your product.
Finally, in conclusion, we can say that by following these steps, you may have the perfect start for your company, but we should all remember consistency is key for any business to become better. With thorough research and strategy, any business can become successful and so is the case with ed-tech.
FAQs
How does EdTech make money?
Usually, edtech companies make money by selling their courses to students or schools. There are also companies that provide their courses for free but charge a small fee for the certificate.
How do you get funding for EdTech startups?
First, you need to prepare a solid business plan and then you can approach angel investors or VCs to pitch your idea and receive funding.
What is the future of EdTech in India?
India’s EdTech industry is growing at a really fast pace and is expected to reach $30 billion in the next 10 years.
One of the main issues students face while studying is that they fail to develop a clear understanding of concepts. This causes a lack of interest in studies. The solution to this problem lies in technology. With the use of technologies like AR, VR, AI, understanding even the toughest of concepts can be simplified.
Meet Embibe, a platform that is using technology to make learning fun. Embibe uses 3D videos and AI, to help students prepare for various schools exams, entrance tests, competitive exams, and Government exams.
Reliance-backed Edtech startup Embibe has established itself as one of the popular learning apps. The app offers a 3D interactive learning experience to the students. Embibe contains world-class content related to various courses, in the form of 3D slideshows and videos, which ensures that students need not rote any topic, but develops a clear understanding of every topic.
Students from classes 6-12, as well as students preparing for various entrance exams, competitive exams, and Government exams, can use the app. Besides offering courses for 6-12 for national and state boards of India, Embibe helps in the preparation of IIT JEE, BITSAT, NEET, VITEEE, and more. The app also helps aspirants prepare for Government exams like the SSC, Railway, Defence, and Insurance Exams.
Embibe ensures that students do not just learn the topics, but also gain expertise through practice. The platform helps students practice the concepts learned through a wide range of practice questions curated from hundreds of course and reference books. Students get guidance from the AI Bot ‘MB’ while solving the questions. Students can also take tests and get personalized feedback via the Embibe app, which helps them prepare better.
The best part about Embibe is the personal touch it provides. It is not a one size fits all platform. Embibe uses Machine Learning and AI to understand the current knowledge base and learning pattern of the students and suggests learning paths accordingly so that every learner can learn things at his own best pace possible.
Embibe also includes an app for the parents whereby parents can track the performance of their children on the Embibe app. Parents can track syllabus completion, check the feedbacks their children receive on Embibe, and much more.
Embibe is designed to run even on a low bandwidth internet so that students from rural areas where internet connection is slow can also use it effectively.
Aditi Avasthi is the founder and CEO of Embibe. She graduated with a B.E degree and later did an MBA from Chicago Booth. Aditi has years of experience, working with brands like TCS, Barclays, and Siemens, holding various technical and managerial positions.
Embibe Founder – Aditi Avasthi
Aditi embarked on her entrepreneurial journey with the launch of Embibe in 2012. Aditi like many youngsters in India dreamt of getting into IIT, but she missed the chance just due to a lag of a few points. This is one of the main causes that inspired her to start Embibe as a platform that can empower students to build their dream careers.
Embibe currently works with around 1800 + employees.
Embibe is operating with the mission to give every student the opportunity to be the best student they can be. While in our educational system Marks are used as a criterion to measure a student’s potential, Embibe is using Technology and deep data analytics to gauge the potential of the students and help them attain the best in their careers.
True to its vision, Embibe has helped many students from rural and backward backgrounds get into the best colleges around the world.
Embibe – Logo
Embibe – Logo
Embibe has raised a total of $196.7 million worth of funding in 4 rounds.
Embibe runs on a Freemium Model. Some of its features are free to use. Students can access some study materials, practice questions, and mock tests for free. Paid subscriptions come with added benefits like AI and ML-powered guidance for problem-solving and score improvement, and personalized feedback for every learner.
Embibe – Competitors
The top competitors of Embibe are –
Khan Academy
Founded in 2006 Khan Academy is a not-for-profit organization that provides free education on various subjects.
MeritNation
This online learning platform helps students from classes 1-12 grasp their studies better. With the help of technology, Meritnation designs a customized, self-paced learning experience for the students.
Toppr
Toppr helps students in the k-12 segment, as well as for competitive exams. Toppr also offers homework help apps. Toppr introduced a school operating system that helped schools run online during the Covid times.
Byju’s
Being one of the top players in the edtech segment, Byjus is a major competitor of Embibe. Byju’s caters to the learning needs of the k-12 segment, as well as provides tutoring for various competitive exams.
As per 2020 data, Embibe has over 10, 400 active users. The company has helped many students achieve their dream careers and thus has attracted the attention of investors. Reliance Industries holds an 85.38% stake in Embibe as of March 31, 2019. Some reports claim that Embibe’s Annual Revenue is $1.77M as of Dec 31, 2020.
In its bid to grow, Embibe has also acquired other edtech startups. Embibe acquired edtech startup 100 Marks in 2015. In 2019 Embibe acquired Funtoot, the world’s first intelligent and adaptive personal tutor for the K12 segment. In the same year, Embibe also acquired Test Preparation startup MockBank. In 2020, Embibe acquired Online Tyari, an online platform that helps students prepare for competitive exams.
By introducing new programs and through new partnerships, Embibe is all set to change and enhance the learning experience of the students.
Embibe – FAQs
Is Embibe Free?
Many Features of Embibe are free. Students can practice, take tests, and view lessons. But some features like personalized feedback, AI-powered guidance, etc are paid.
Is Embibe owned by Jio?
Yes, Reliance holds an 85.38% stake in Embibe.
Is Embibe Indian?
Yes, Embibe is an Indian company. Founded by Aditi Avasthi, Embibe is headquartered in Bangalore.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Next Education.
Technology is the core of the present economic world. Every domain of study ranging from the health to the service sector is evolving with the regularly updated technology. Similarly, educational sectors have gone through a major transformation in recent times due to technology. Once the rigid 2D notions of learning in classrooms equipped with a Blackboard are now replaced with digital 3D projections to enable a better understanding of the concepts among the students.
Next Education is one of the startup companies that pioneered the ed-tech sector way back in 2007, founded by Beas Dev Ralhan and Raveendranath Kamath. It is a K-12-focused technology-based education solution provider. Know about the Company Profile of Next Education, Founders, Funding, Revenue, Competitors, Business Model, Growth, Acquisitions, How it started, etc., in the article ahead.
Let’s go through the Journey of Next Education along with knowing Next Education Founder, Funding, Business Model, Competitors, Revenue & more…
Founded in 2007, Next Education is an optimal education solutions provider, based out of Hyderabad. Touching the lives of 12,000,000+ students and 240,000+ teachers across 12,000+ schools, their solutions serve multiple purposes of both academic and administrative domains.
Ranging from academic solutions such as TeachNext – a digital classroom solution and NextBooks – a complete textbook series to administrative solutions such as NextERP – a cloud-based school management system, Next Education is an end-to-end education solutions provider for the K–12 sector.
Next Education’s products aim to meet all the academic needs of a learner and make quality education affordable and accessible for every child. While doing so, their belief lies in partnerships with their employees, customers, vendors, governing bodies, and other stakeholders to strengthen the ecosystem over an extended period.
Every step Next Education takes ensures to bring quality education within the grasp of every learner so that younger generation mainly become life-ready.
“Entrepreneurship in the education sector was never about money-making. Keeping an organic approach towards academics to make learners future-ready and not just well equipped for competitive exams, was what we aimed for, which later became the core USP of Next Education.”, says Raveendranath Kamath, co-founder of Next Education.
Next Education rightfully understands that education is all about the holistic development of children pertaining to creativity, adaptability, and critical reasoning. It is about instilling the joy of learning and a hunger for knowledge in every young mind. This is the reason their academic solutions are well equipped with visually intriguing content and tools such as claymations, craftmations, and AR cards.
Next Education – Target Market
India’s education sector offers a great opportunity with approximately 29% of India’s population being between the age group of 0-14 years; is estimated at USD 91.7 billion in FY18 and is expected to reach USD 101.1 billion in FY20. India’s higher education segment is is expected to increase to USD 35.03 billion by 2025.
Seamless integration of content for effective learning and instruction, and smart administrative solutions for improved planning and reporting, has made the company one of the finest end-to-end education solutions providers in the country.
Beas Dev Ralhan and Raveendranath Kamath are the founders of Next Education.
Tech aficionados and brothers working towards the same goal of creating a social impact with technology, co-founded Next Education in 2007
Raveendranath Kamath and Beas Dev Ralhan – Founders, Next Education
Beas Dev Ralhan
Beas Dev Ralhan is the Chief Executive Officer (CEO) of Next Education. Ralhan received his formal education from IIT Bombay and London Business School. As the CEO of Next Education, he brings energy, inspiration, and direction to the company’s vision.
Raveendranath Kamath
Raveendranath Kamath, the Chief Financial Officer (CFO) of Next Education plays an integral part in financial planning, product engineering, and supply chain management of the organisation. An alumnus of IIT Kharagpur, Kamath has over two decades of experience in finance and operations.
Next Education has a team of around 1,000+ qualified and dedicated professionals with diverse skill sets, which have helped it establish itself as a known name amongst the academic stakeholders.
Next Education – Startup Story | How was Next Education Started?
His days at IIT Bombay made Ralhan realise that to make an impact on modern society, one has to build companies supported by the latest technologies and utilize the power of the Internet. Raveendranath Kamath, Ralhan’s friend and colleague at PartyGaming, had the same vision. Both of them desired to employ technology to make a social impact in India.
In 2007, a focused market study helped them realize that the Indian education sector was least impacted by technology. With technology as their ally, they wanted to devise innovative methods to make education accessible and affordable for all. Thus Next Education was born with a vision to transform education to suit the requirements of today’s learners.
“More than a decade ago, we had envisaged a not-too-distant future when quality education would be within the reach of every child. We had always dreamt of the day when quality education would no longer be the privilege of a few and our ardent desire to nurture and fulfill this aspiration keeps us motivated.”, recalled Raveendranath and Beas, founders of Next Education.
Next Education – Startup Launch
In 2009, Next Education launched their first product, LearnNext – a self-learning home-based solution for children. The response received for the product was overwhelming and there was no looking back for the team at Next Education thereafter. Next Education’s ecosystem has been steadily enriched with numerous solutions catering to different stakeholders belonging to the academic sector.
NextCurriculum, NextLabs, TeachNext, and NLP are the four vital parts of the Next Education ecosystem, which enhance the significance of learning by incorporating hands-on learning activities and a learner-centric approach.
Next Education’s flagship product, TeachNext, launched in 2010, has been a milestone in terms of digitization of classrooms nationwide. Recently, they have launched NLP, i.e. Next Learning Platform, which is a cloud-based solution equipped with NextERP, LMS, and adaptive learning, meeting all the requirements of academic and administrative stakeholders. The company also offers a teacher training solution for schools called NextDeeksha.
Next Education – Mission and Vision
Next Education aims to “put into practice the best teaching–learning methodologies that will help shape the lives of the torchbearers of tomorrow,” which the company underlines as its mission.
The vision of Next Education is “to bring quality education within the reach of every learner, so that they are prepared for the challenges in life.”
The company started in 2007 as Helix Technology Solutions Pvt Ltd, which was later renamed as Next Education aligning with the spirit of the brand and its products.
Next Education Logo
The name ‘Next Education’ stands for an edTech solutions provider for the next generation, capable of transforming education.
Next Education – Business Model and Revenue Model
Next Education India Pvt Ltd is an end-to-end edTech solutions provider that follows B2B and B2C business models. At Next Education, consistent effort is put to create solutions that meet all the requirements of academic stakeholders pertaining to school set-up, digitalisation of classrooms, implementation of activity-oriented education, administrative guidance and tools etc.
Next Education – Funding and Investors
Next Education raised the initial funding from Anurag Dikshit, co-founder of PartyGaming, who was ranked among the 40 richest Indians, according to ‘Forbes’ Magazine.
Next Education – Startup Challenges
Transforming education is not an easy task. A vast part of our country still follows the conventional methods of teaching and learning, which lays emphasis on teacher centered education. The slow device penetration rate, skepticism about embracing ed-tech products over traditional home tuition and lack of awareness among people regarding integrated education, were initial challenges faced by Next Education.
Hence, introducing innovative products and restoring the faith of people in the transformation formed the central approach towards meeting the challenges, and today, TeachNext is the top-selling digital classroom solution in India with a market share of 65% .
Next Education – Competitors
Next Education directly competes with companies such as BYJU’s, Extramarks, Educomp, Pearson, etc.
“At Next, we believe in healthy competition, as all of us are trying to harness the potential of the present generation of learners for a better tomorrow.”, said Beas, co-founder and CEO of Next Education.
Next Education – Advisors and Mentors
For Beas Dev Ralhan, his father is his best mentor, whose ideas, thoughts and values have inspired Ralhan to begin a startup – Next Education and work tirelessly with hope, motivation, perseverance and patience.
My father has been the most inspirational mentor throughout my life. His entrepreneurial endeavours and never-say-die attitude motivated me to start my venture and shape and nurture Next Education.
He taught me that patience is the key to run a business successfully, which I strongly believe and follow. When you are impatient, you tend to miss critical details and opportunities, which may lead to irrevocable mistakes.
Due to the fast-paced nature of today’s world, we value dynamic actions and quick solutions, but if this attitude morphs into impatience, it will cloud your judgement, ruin relationships and destroy your credibility in the market.
Next Education – Awards
Next Education received following awards and recognition:
Innovation in Teaching Pedagogy award at World Education Summit 2012
Best Multimedia Content for K–12 Education at World Education Summit 2013
Excellent Human Resource Management in Education Industry by National HRD Network
Best Digital K–12 Multimedia Content for Maharashtra State Board in English and Marathi by Wisitex World Education
Best School Books Solution Award at Global Learn Tech Conference and Awards
Best Emerging School ERP award at Digital Edge ICT Conclave on Education
Innovation in Teaching Pedagogy award at World Education Summit 2015
Innovation Excellence Award in Education by ASSOCHAM
Pre-school Pedagogy award at the World Education Summit 2016
“We, Nextians, are learners who embrace achievements with innate happiness and take failures as steps towards learning.” said the founders of Next Education.
Next Education has acquired 2 organizations. Their most recent acquisition was Xolvr on Dec 2, 2016.
Date
Acquired
About
Dec 2, 2016
Xolvr
Xolvr is a convenient & affordable community driven ‘after school study’ platform
Feb 11, 2016
InOpen
InOpen designs and develops educational content and solutions for academic institutions
Next Education – Growth
Next Education presently has an all-India presence and is headquartered in Hyderabad. Apart from Hyderabad, they have offices in Pune, Noida, Kochi, and Chennai. After establishing in the Indian education spectrum, Next Education is off to make its mark at the global level. Since 2016, they have been expanding their business in the Middle East. In early 2019, Next Education has opened a branch in Dubai.
Currently, Next Education is the largest player in the highly concentrated Indian Private K-12 digital classroom sector. The company has reached out to 60,000+ classrooms since the year of inception and has a turnover of 276 crores in FY 19.
“Our main motive is to create solutions for schools that positively impact the education system and help the next generation have a better tomorrow.”, said Raveendranath and Beas.
One of the oldest and the most successful education solutions provider, Next Education has launched Kindernext on October 16, 2019, on the completion of the twelfth year of its operations. This new initiative is launched with an aim to stand as a smart preschool and activity center for 21st-century learners, which will extend fun and interactive space to the young students, thereby advancing their development and honing their desire to be lifelong learners.
Here’s a glimpse at the highlights of the popular features of KinderNext by Next Education:
It is a smart preschool and activity center that is tailor-made with vibrant textbooks, an award-winning digital classroom, detailed mentor manuals, and smart resource kits.
It follows a research-based integrated approach towards learning, laying equal emphasis on developing the five key areas: linguistic, cognitive, physical, social, and emotional.
The curriculum of KinderNext is centred on NCF guidelines for early childhood education.
KinderNext is designed to provide young learners with the right care and attention to foster curiosity and confidence in them. Its distinct features like multimodal learning, explore-and-play technique, and age-appropriate learning approach can help students gain a rich learning experience and ensure continuous progress towards their desired goals.
Speaking on the launch of KinderNext, Next Education Co-founder and CEO, Beas Dev Ralhan said thatKinderNext, with impactful technology, best faculty, and new-age curriculum coming together, is favorable for all its stakeholders – the young students, parents, and schools.
Next Education – Future Plans
Next Education has achieved quite a growth since it started in 2007. The startup believes continuous innovation and becoming a one-stop solution are the way forward.
Next Education – FAQs
What is Next Education?
Next Education is an edtech startup launched in 2007 by Beas Ralhan, Raveendranath Kamath in Noida, UP, which believes in embracing technology to revolutionise the education system of India. All of the products and services that Next Education offers are learner-centric and classroom-friendly.
Who is the founder of Next learning platform?
Beas Ralhan and Raveendranath Kamath are the founders of Next learning or what we commonly refer to as Next Education.
How is Next Education transforming education?
Next Education is fueled by the latest technological advancements, expert teachers, and over 10,000 impactful learning modules, which greatly help the company to transform education.
Although people underestimate the value of education these days because of the “dropout” tag, education is irreplaceable. People need to upgrade their skills instead of just getting a degree.
Schools and colleges are important but the skills which schools and colleges don’t teach us are equally useful. The leading edtech companies of India are changing the scene of education in the country. They are redefining the process of learning. And this contributes towards a bright future for Indian children and youth.
India suffers from a skewed pupil-to-teacher ratio that continues to rise; it compromises the learning experience for students in schools. To counter this skewness, technology-driven learning apps are using gaming elements such as point-scoring, interaction with others, personalization, and data-driven insights to enhance the learning process for students and sharpen their basics in various subjects. These apps are known for their features that enable students to perform better in classrooms.
Edtech startups are emerging as a major business industry in India. The education sector in India was estimated at US$ 91.7 billion in FY18 and was expected to reach $101.1 Billion in FY19 and the edtech market is expected to reach $4 billion by 2025.
Counted among one of the top and biggest edtech companies in India, Byjus is an edtech startup that offers a learning app that provides coaching for competitive entrance exams like IIT-JEE, CAT, UPSC, GMAT, GRE, Engineering & Medical, and courses of grades 6th to 12th. It offers online courses and tablet classes with multi-test and assignment solutions, personal feedback, and in-depth analysis.
After using the Byju’s app, 93% of parents reported a marked improvement in their child’s performance in grades according to the company. Byju’s has 15 million registered users with 900,000 of them 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 an edtech startup in Bangalore and was founded by Byju Raveendran in 2011. Its current total equity is $5.4 billion. BYJU’S also won many awards like the CRISIL Emerging India Award and the Deloitte Technology Fast 50 Award. It is available on Android and iOS platforms.
2. Unacademy
Founders: Heemash Singh, Sachin Gupta, and Gaurav Munjal
Unacademy Website
Launched as a YouTube channel by Hemaash Singh in 2010, Unacademy is now a famous name in the education technology segment of India. It is a popular e-learning startup and one of the leading edtech companies in Bangalore.
Unacademy has provided lessons to more than 30,00,000 (3 million) students to date. It has tied up with some of the most experienced teachers to tutor its students. You will find over 2400 online courses. Most of the courses are free on this platform; however, you may have to pay for the certifications.
Unacademy has a goal of providing free education. 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 students can follow tutors to get directly courses from them. Unacademy’s business model is primarily based on the plus subscription feature offered on its platform.
Unacademy is an edtech company in Bangalore that serves as an online learning marketplace for courses. It was founded by Heemash Singh, Sachin Gupta, and Gaurav Munjal. The YouTube channel was shifted to an online learning platform in 2015. You can still find many videos on Unacademy’s YouTube Channel.
3. iQuanta
Founder: Indrajeet Singh
iQuanta’s website
iQuanta is India’s Largest online CAT preparation community. The founder and CEO of iQuanta Mr. Indrajeet Singh is one of the top 5 young Indian Entrepreneurs. His indigenous shortcuts and unconventional methods earned entitled him “Wizard of Quants”. iQuanta aims at offering quality education accessible to anyone willing to appear for competitive exams, along with its unique pedagogy at affordable prices. iQuanta is a bootstrap Edtech company.
iQuanta was incorporated in 2017 and today, since its inception, has built a community of 3.5 lakh+ aspirants from all over the world with 10,521 + IIM calls and 1000+ IIM converts in just 5 years.
4. TrainerCentral
Parent Company – Zoho
TrainerCentral’s website
TrainerCentral is a Zoho application, which aims to transform the way people teach online. This all-in-one online training platform empowers solopreneurs, edupreneurs, and anyone who wishes to share their expertise with learners worldwide.
The platform provides tools to help trainers build a fully equipped online training business with numerous integration capabilities. Trainers can create their own website, upload content, create course curriculum, host live classes, manage learner communications, certifications, collect learner fees, and much more, on one unified platform.
TrainerCentral strives to mitigate the inefficiencies caused by siloed tools and the technical complexities involved in building an online training business. Trainers and learners alike benefit from the built-in live classroom feature with chat and payment gateway integration options. Online trainers across the globe are thrilled with TrainerCentral, as demonstrated by its steady MOM growth of 30%.
TrainerCentral offers a 15-day free trial to help explore the platform.
5. UpGrad
Founders: Ronnie Screwvala, Mayank Kumar, Phalgum Komapalli, and Ravijot Chugh
UpGrad Website
UpGrad is an online edtech platform that provides higher education programs. It provides an immersive learning experience through the latest technology that powers well-designed courses. UpGrad was founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgum Komapalli, and Ravijot Chugh.
6. Next Education
Founder: Raveendranath Kamath, Beas Dev Ralhan
Next Education Website
Next Education is a Hyderabad-based learning website founded by Beas Dev Ralhan and Raveendranath Kamath in 2007 and caters to K-12 students through its technology-based education solutions.
Next Education has leading products such as TeachNext, LearnNext, MathsLab, ScienceLab, and EnglishLab on its platform. These products are used in more than 6,000 schools across the country.
The study material and products are designed to cover the syllabus of CBSE, ICSE, and 23 state boards in 8 major Indian languages. Next Education’s technology platform is based on Linux and open-source resources.
Other technological advancements on the app include 2D and 3D graphics, interactive content of international standards, voice-overs, clear sound, and an innovative course design that is easily accessible via an inbuilt IR remote. The company has invested over Rs. 400 crores and more than Rs. 30 crores on R&D alone.
Leverage Edu started off as a college admissions platform and has now grown to be a full-stack marketplace within a year. Leverage Edu was founded by Akshay Chaturvedi and Aman Arora 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 them become first-job ready, and one-to-one virtual advisory for multiple career streams.
The app has over 1500+ mentors from Ivy League Universities and individuals from organizations like Apple and Goldman Sachs. The founder was quoted saying, “The platform is in 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!”
8. NoPaperForms
Founder: Naveen Goyal
NoPaperForms Website
NoPaperForms is a SaaS-based enrollment automation solution startup that aims to transform the admission process in educational institutions in India and abroad.
The platform helps institutions increase their outreach capabilities, enhance recruitment efforts, expand customer service offerings, and improve end results. The entire process is 100% transparent.
NoPaperForms has partnered with more than 190 institutions and claims to have handled 350k+ queries. It has received more than 1.2 million applications and has grown by around 500% in a year’s time to Rs 100 crores. This valuation was achieved after NoPaperForms raised its Series B funding in December 2018.
9. Quizizz
Founders: Ankit Gupta, Deepak Joy Cheenath
Quizizz Website
Quizizz is an interactive teaching platform that allows its users to conduct student-paced formative assessments in an 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. Then there is the option of instant feedback. Teachers can use their own content or choose from millions of educator-created quizzes.
Quizizz’s aim is to motivate learners and play a part in their growth. Quizizz has over 10 million users and its solution is well-adopted in US-based schools.
10. Campk12
Founders: Anshul Bhagi, Sandeep Bhagi
Campk12 Website
Camp K12 provides entrepreneurship and app development programs to school students during their vacations and weekends. It is a K12 edtech company in India that focuses on developing kids into innovators.
CampK12 was founded by Anshul Baghi in 2010. The company started out as a coding boot camp for kids. As of today, CampK12 has catered to 50,000+ students.
Coursera is another education platform that offers a variety of courses. The USP of Coursera is the experienced professionals it hires which makes it one of the leading edtech startups in India. If you want to learn from highly experienced people from around the world, then Coursera is for you. Just like Unacademy, you can watch the videos of some courses for free but you will have to pay for the certifications and assignments.
12. Cuemath
Founder: Manan Khurma
Cuemath Website
Cuemath is a program that teaches math to children. Cuemath has more than 3000 centers in India and each session in a center has only 6 students at a time. The startup’s emphasis is not on Abacus or Vedic math; it focuses on improving the mathematical concepts of children instead of merely teaching them to calculate fast. Cuemath was founded by Manan Khurma in 2013. The fees range from Rs 2500- Rs 3000 depending on where the branch is located.
IndigoLearn is a Hyderabad-based accountancy focused edtech startup. The startup uses the latest technology and animation techniques to make finance and accountancy fun to learn. IndigoLearn was founded by Somayajula, Sathya Raghu Mokkapati, Suraj Lakhotia, and Sarat Udumari in 2017.
14. My Peegu
Founder: Chetan Jaiswal
MyPeegu Website
My Peegu provides tools that help parents and teachers monitor their kids’ well-being. A team of professional psychiatrists provides treatment to kids for mental development. My Peegu’s services are available in 6 countries including India.
15. Thinkerbell Labs
Founders: Sanskriti Dawle and Aman Srivastava, and Saif Shaikh
Starting as an independent research project named “Project Mudra”, Thinkerbell Labs is now working on a self-learning braille device. The device is named Annie and anyone can learn the braille language with it. Thinkerbell Labs was founded by Sanskriti Dawle and Aman Srivastava. The company showcased its idea on the popular business reality tv show Shark Tank India and received Rs 1crore funding.
16. MyCaptain
Founder: Ruhan Naqash, Mohammed Zeeshan
MyCaptain Website
MyCaptain provides students with a way to experience various fields of interest and test them out. Most of the time, kids choose their path according to the social norms or in the greed of tons of money. MyCaptain helps students discover their interests and indulge in a career that suits them. People can make informed decisions when they are aware of the realities associated with different career trajectories.
17. Adda247
Founders: Anil Nagar
Adda247 Website
Adda247 is one of the best edtech companies in India that assists with government job preparation and provides articles, jobs alerts, quizzes, videos, e-books, e-magazines, discussion forums, etc. The Adda 247 app offers a smooth UI and intuitive workflows that are powered by cutting-edge technologies.
The company has designed other apps like Bankersadda.com (to prepare for banking exams), SSCAdda.com (to prepare for various central government exams), and TeachersAdda.co.in to bag teaching jobs in government schools. The Adda247 YouTube channel contains videos on current affairs and upcoming government job vacancies.
Meritnation is an online education startup based in Delhi. Meritnation was founded by Pavan Chauhan in 2008. It has grown to become one of the most helpful websites for online education. Meritnation provides learning content for students for classes 1st to 12th across CBSE, ICSE, and other leading state boards.
Meritnation offers its users study material, tests, proficiency tests, and Olympiad packs via a social network like experience. The Meritnation app also tracks a student’s progress and displays personalized recommendations along with analytical data reports to point out his or her strengths and improvement areas.
19. Toppr
Founder: Zishaan Hayath, Hemanth Goteti
Toppr Website
Toppr is an online exam preparation platform for K-12 students. Toppr focuses on school curriculum syllabus and entrance examinations like JEE, UPSC, NEET, SAT, etc. It offers structured courses complemented by interactive video lectures, practise question sets, doubt clearing by professionals, and all-India test series.
Toppr is based out of Mumbai and was founded by Zishaan Hayath in 2013. The Toppr app includes goal-based learning, adaptive questions’ practice, performance reports, concept sheets, and previous year question papers. It also offers courses for medical and engineering examinations, board examinations, and Olympiads.
Conclusion
This completes the list of leading edtech companies in India. Even though the Indian education system is undergoing a seismic shift, Indians still have to deal with outdated methods of teaching and inefficient learning techniques. The system also fosters unhealthy competition among students. Edtech startups are gradually changing all of this for the better.
FAQs
Which is India’s largest edtech company?
Byju’s is India’s largest edtech company with a valuation of $21 billion. It has over 10 crore students and 65 lakh annual paid subscribers.
Which is the best edtech company in India?
Byju’s, Unacademy, UpGrad, Vedantu and Toppr are some of the best edtech companies in India.
What are some of the top edtech companies in bangalore?
Byju’s, Vedantu, Unacademy, Simplilearn, and Cuemath are some of the top edtech companies in Bangalore.
Educational technology is the integrated use of computer technology (software, hardware), educational theory, and training. It provides and manages technological processes and educational resources to improve the user’s academic activity and performance. We can improve the learning process, teaching process and performance of the educational system through technology.
This objective must be taken into account when selecting software, computer programs or tools for the classroom. There are five main areas in this field. It includes design, development, utilization, management, and evaluation. These requirements applied to all knowledge based areas conducted by professionals in this field. Each area of educational technology brings together research-based knowledge and experience.
From classrooms to smart devices, India’s educational media has shifted to a paradigm shift. There are 665 million wireless Internet subscribers(in the first quarter of 2019) in India. India has grown by 14% in base for internet services in a single year. It is good for startups. Digital products and services provide better convenience when it comes to learning in the classroom.
The emergence of coronavirus has a major impact on the Edtech sector of India. The education process in schools, colleges, and other educational institutions changed into online because of lockdown. Also people in the society are feared about spreading of coronavirus. Unlike in the past, schools, institutes and learning centers have also adopted technology-based solutions.
Data sourced from Redseer and Omidyar Network Edtech Report
The usage growth in Edtech market from 2019 to 2020 shows in a report by RedSeer & Omidyar network India. The Edtech user base has a growth from 45 million to 90 million in k-12 & post k-12 sector. It includes both free and paid users. The time spent has increased by 50 percentage. That has changed from 60 minutes to 90 minutes.
The report also says that those who are willing to pay have increased by 40 percentages and the number of paid users has increased by 83 percentages. The report says that the online education offerings will increase 6.3 times by 2022. It will create a market of $ 1.17 billion. The k-12 market will grow 3.7 times to 1.8 trillion. It will create significant opportunities for peoples for different new startups.
The Director of the Omidyar Network India, Namita dalmia said, “The lockdown has provided massive tailwinds to the growing Edtech space. Edtech offerings have helped millions of students across the country to continue their learning from home. These solutions are better, more convenient, and affordable alternatives for students and parents”.
The Requirement For Upskilling Of Working Professionals
The report says that relevance problems have affected education system. As it has affected many professional careers, Edtech players can play an important role in ensuring job security by increasing access to higher technical education (for those who have been unable to progress in their formative years). Also it helps to grow more professionals.
In 2019, the World Economic Forum (WEF) published a report named “Global Competitiveness Report”. According to that report, India has 68th rank among 141 countries. The country is among the best in terms of market size, innovation, and macroeconomic stability, but in job training, digital skills and the ease of finding trained personnel are far behind (ranked 107).
The differences will mainly exist in the general areas of training, language, prices, teacher training and offline support. There are 150 million Edtech addressable students in India. They cross urban lines, income groups, language skills. Excessive use of sub-projects will increase the probability of Edtech companies. Price, delivery, offerings, and teacher training services, and offline support will be affected. Other changes are given below.
A. The Changes Around Sales and Pricing
The report says that price innovation will be important in paid adoption. Especially as Edtech reaches in low-income cities, it can make impact. The annual price will change into $100-$150. There will be a 3 times increase in market. It is leading to paid adoption.
B. The Partnerships Will Rise
Creating partnerships will help Edtech players gain a diverse customer base. As Edtech players expand their user base, areas of collaboration will evolve. Expansion requires the promotion of low-income cities. It represents 70% of the student population.
But, there is only 10% of the current student population as active users of EdTech (free and paid). Indian language platforms are included in the partnerships. They have over 300 million active users per month. The collaboration with the institutions will help to increase the reach.
Real investments in production will help the lower grade user base in Indian language sectors. Edtech is now lagging in the lower grades. They are big on the usage of Indian language.
D. The Promotion And Adoption of Edtech Through Schools
The distance between parents and schools will disappear and will bring new opportunities. About 65 percentage of the total student population goes to government schools and the 85 percentage of the remaining 35 percentage students will go to private schools, while 15 percentages goes to institutions with limited technical facilities.
Students are learning through online classes
Covid-19 encouraged the education sector to focus on the online. But there is also a lack of technical facilities among schools. There is only less than five percent of students who are studying in institutions with technical facilities.
E. The Influence Of Startups
Startups should focus on working better, attracting students, and delivering results through products. This will ensure that the uptick is maintained after restrictions are removed. When invest in content production, EdTech players need to innovate in sales and pricing to provide a broader student base.
Covid-19 will limit the number of customers. The 40% of customers may stop using Edtech after restrictions are removed. It will result a fall in engagement on Edtech platforms. To address this, startups must focus on pricing innovation, Indian language content, expanding user base, and sales innovation.
Outside of the school system, Edtech startups have allowed more and more people to explore new skills, while experienced staff can more easily take on new challenges in the tech industry. If we were to speak to a generation that was working and succeeding in India before the 1990s, we could hear stories that would have been almost impossible. But now situations are different. Edtech startups help them overcome obstacles on their journey of students, employees, and entrepreneurs.
Ed-Tech Startups are creating a base for the future of India and we need to realize the importance of the problems they are solving. From creating a space to teach kids with the latest technologies by the best teachers in the country to providing an income base an exposure to a large group of people. It is not far when we can see these twinkling stars twinkle in the daylight of the future India.
FAQ’s
What are the top Edtech companies in India?
BYJU’S
Unacademy Logo
UpGrad Logo
What is EdTech company?
A combination of education and technology refers to software and hardware designed to enhance teacher-led learning in classrooms and improve students’ education outcomes.
What is the future of Edtech in India?
EdTech has seen an upsurge and is expected to be the new normal in the future as well. India is currently home to over 3, 500 EdTech start-ups, and online education in India could be worth $1.96 billion by 2021.
Angel investors are sometimes marked as Private investors or Seed Funders. Though known by different names, their main aim is to invest in startups or new ventures, thereby helping them to grow and create a presence in this dynamic environment. If you are looking to get an insight about Angel Investors in Delhi along with their Contact Details and Major investments, then this is the right place. As we have put in our best to compile a list of Angel Investors in and around Delhi.
Before, getting to the list of Angel Investors in Delhi. Let’s get an understanding on What do Angel Investors look for in a startup? It becomes essential for a startup to wisely approach an investor that suits the requirements and expertise of both.
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Markets Interested: SaaS, Consumer Internet, Big Data, Cloud Computing, Healthcare, and Digital Media. Investments: Instamojo, POPxo, ZipGo, Dunzo, Innov8, Rapido, Unacademy, CroFArm among many others.
Rajan Anandan | Angel Investors in Delhi
Rajan Anandan, the MD of Sequoia Capital, is the most prominent investor in the startup industry. He has served as an MD at Microsoft India, Vice President and SEA at Google, and also gained exposure in Dell India. He has gained experience with startups across various domains.
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Markets Interested: Mobile, Gaming, Social Media, Real Estate, Food Tech, Logistics, Consumer Internet, Media, Fintech, HR Tech, Education, and E-commerce. Investments: LogiNext, Milaap, InnerChef, Wishberg, FactorDaily, ThePrint, Flyrobe, TapChief, Unacademy, Innov8 among many.
Vijay Shekhar Sharma | Angel Investors in Delhi
The founder and CEO of Paytm, Vijay Shekhar Sharma and One97 has a spectacular experience in the Indian startups. He has given a helping hand to many of the startups in their journey of survival and growth. He graduated from Delhi College of Engineering and later founded his first venture XS Corps, which was then sold to Lotus Interworks LLC.
Sunil Kalra is one of the prominent independent angel investors in Indian Angel Network. Being the MD at Via Projects Pvt Ltd and a Venture Partner at Stride Ventures, Sunil has gained immense experience in the field of Finance & Investments.
Markets Interested: Consumer Internet, IT, Augmented Reality, Social Media, Clean Technology, Food and Beverages, Fintech, Big data. Investments: My Child, WittyFeed, PumpKart, Deyor Camps, Ketto, Nimo Planet, Falcon Labs, Josh Talks, Inc42 Media, SectorQube, and many.
Ritesh Malik | Angel Investors in Delhi
Ritesh Malik, the Co-founder, and MD of Innov8 practised as a professional doctor at the esteemed Ganga Ram Hospital, before venturing into his entrepreneurial journey. He is an active and prominent angel investor in Delhi. He also Co-founded Adstuck Consulting Pvt Ltd, a digital transformation agency.
Markets Interested: Consumer Internet, E-commerce, Internet, Big Data, SaaS Investments: Ola, Gigstart, UrbanClap, Bira 91, Belong, Bewakoof, Rapido, Razorpay, Fynd, Jugnoo, Mamaearth, Tripoto, LetsVenture among many others.
Kunal Bahl | Angel Investors in Delhi
Kunal Bahl, the Co-founder, and CEO of Snapdeal is the most prominent and active investor in the Indian startup ecosystem. He is an alum of the prestigious Wharton School of Pennsylvania. Before Snapdeal, he was associated with prominent organizations like Deloitte and Microsoft in the US. He co-founded Jaspers, the parent company of Snapdeal in 2008.
Aloke Bajpai is the Co-founder, and CEO of Ixigo – an Online travel marketplace. He is a keen angel investor based out of Delhi. He is a B.tech graduate in Electrical Engineering from IIT Kanpur. He served as VP at Final Quadrant Solutions Ltd, by getting engaged in strategic business development and product marketing.
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Markets Interested: Clean technology, Fintech, AI & Robotics, Digital Marketing, Healthcare, Foodtech, Big Data, and Virtual reality Investments: Unocoin, Arya ai, SmartVizx, Rubique, MObilewalla, LogiNext, Rubique, Phonon, Utsav Fashions, Vista Pharma, Auro, and many more.
Neeraj Kumar Singal | Angel Investors in Delhi
Neeraj Kumar Singal, Founder and Director of SEMCO Infratech Pvt ltd and also Lightyear Infratech, is a focused investor in varied fields. He is an active member of IAN (Indian Angel Network), LetsVenture, and HBS Alumni Angels. He values innovation and appreciates strategic ideas that can transform the world of Business. He is also well represented at various leadership roles and organizations like FCCI, HBS Club of India, Young President Organisation, AIMA, CII, TiE, Ph.D. Chambers of Commerce and Industry, and many.
Dinesh Agarwal, Founder and CEO of IndiaMart, is a prominent entrepreneur and angel investor. He is a well-known member of The Indus Entrepreneurs (TIE) and Internet and Mobile Association of India (IAMAI). Being an alum of The Harcourt Butler Technological Institute of Kanpur, he served as a system analyst at HCL Technologies.
Markets interested: Healthcare, Consumer Internet, Mobile, Fin-tech, Food-tech, E-commerce, Media. Investments: Meesho, LifCare, Babygogo, Fashalot, Sheroes, Tripeur, Foodcircle, Just Move, Shuttl, Reify Health among others.
Rahul Garg | Angel Investors in Delhi
Rahul Garg is the Founder & MD at Leo Capital India. He is one of an active business investors in delhi for startups. Being an alumnus of IIT Delhi with a degree in Computer science, his expertise in this field is commendable. He is also associated with TiE, NASSCOM, IIT Mentors, and many other organizations.
Markets Interested: Management Consulting, Product Innovation, Blockchain, global investments, technology management, SaaS, Clean technology, etc., Investments: Betaout, Zippr, Tavaga, Innov8, Testbook, Adpushup, Doormint, LE tote, Rappi, Lead Genius, Proven, NexGear, and many more.
Utsav Somani | Angel Investors in Delhi
Utsav Somani is a prominent angel investor in Delhi via AngelList (an online marketplace of startups and investors). He did his Masters in Innovation & Entrepreneurship from ESADE Business School in 2012. At present, he is also the partner at OB1T Capital (Investment management). He is a well-experienced investor and has been active in the Indian Angel Network.
Investments: Agastha, Rapido, Wizgo, Routofy, Drivezy among many.
Nikunj Jain | Angel Investors in Delhi
Nikunj Jain, the Co-founder and CEO of Zohem (A blockchain-based data exchange protocol) is a warm investor in the Indian Startup industry. He is a keen investor and also a noteworthy entrepreneur. Before zohem, he had co-founded Frankly.me, which is a video microblogging startup along with inoXapps (a gaming startup). Nikunj did his Btech, Textile Technology from the reputed IIT Delhi.
Investments: Touch Talent, Adpushup, Lucideus, and Wishberry.
Amit Ranjan | Angel Investors in Delhi
Earlier, Amit Ranjan had Co-founded Slideshare (Professional content sharing platform). He is now active as the Architect for Digital Locker & OpenForge (e-governance projects) under the Ministry of IT, Government of India.
By being an enthusiast about startups, he mentors them for their growth and development. He played a lead role in commencing the cult of technology “unconferences’ called BarCamps, by organizing India & Asia’s first such event in Delhi.
Rohit Bansal is the Co-founder of Snapdeal, an Indian e-commerce business. Rohit Bansal is one of the prominent investors in the Indian Startup ecosystem. He is an alumnus of IIT Delhi with Btech and Mtech in Computer Science. He is skilled in team management, business development, and strategic planning. He not only provides finance to startups via investing in them but also guides them through their journey by mentoring them in areas of sales, product management, competitor analysis, operations, vendor management, and marketing.
Alok Mittal, the Co-founder, and CEO of Indifi Technologies Pvt Ltd is not only among the prominent angel investors but also the founder of Indian Angel Network, a platform that connects startups and investors. He is an alumnus of the University of California and completed his Bachelors in Computer Science from IIT Delhi.
Earlier he had also co-founded JobsAhead.com (leading e-recruitment business), which was later acquired by Monster.com. He also worked with Hughes Software in telecom and internet technologies. He graduated from IIT Delhi and completed his MS and Management of Technology programs from UC Berkeley.
Markets interested: Technology, Consumer internet, Media, Fintech, Travel, Gaming, E-commerce. Investments: Overcart, Serial Innovations, Speakwell, Inc42 Media, Dexl, Silver Push, Little eye labs, Gamezop among many others.
Rajesh Sawhney | Angel Investors in Delhi
Rajesh Sawhney, the Co-founder, and CEO of InnerChef (Food Tech Startup) is a successful entrepreneur and angel investor He is also the CEO of GSF, an Indian Capital firm and accelerator which is focused on mobile startups. He has a wider experience in media and entertainment ventures. Earlier he worked as the COO of Times internet ltd, as the president at Reliance Entertainment and around 14 years with BCCL. He created several successful businesses across sectors like TV, eCommerce, and travel.
Markets interested: eCommerce, Consumer Internet, Foodtech, Travel, Education, Social Media, Gaming, Automotive, Fintech. Investments: Flipclass, GamingMonk, White Owl, YumLane, Zophop, IndiaLends, LimeTray, MassBlurb, Rapido, OnlineTyari, Scoopwoop among many.
Kunal Khattar | Angel Investors in Delhi
Kunal Khattar, the Founding Partner of AdvantEdge Partners (Venture Capital Firm), is one of India’s most prominent investors. He also acts as the Director of Rapido, leading a two-wheeler ride-sharing platform. Earlier, he worked as the Marketing Manager at Vodafone. He has also Co-founded ventures like Simply Look.
He is one of the most active angel investors in Delhi, who is always available for any kind of help on sales, business development, communication, and strategic marketing management.
Markets Interested: Consumer Internet, Enterprise Software, Technology, Digital Media, Technical Continuing Education. Investments: Airwoot, Biosense, HackerEarth, Xapr, Little Eye Labs, ShieldSquare, MobStac, and many.
Samir Sood | Angel Investors in Delhi
Samir Sood, the Co-founder of Venture Highway (Early-stage venture investment firm) is one of an active private investors in Delhi. He served as the Head of Corporate Development, South Asia and Australia at Google. He was also associated with organizations like Cisco, Microsoft, Dell, and Lehman Brothers. He is an MBA graduate from The University Of Chicago and completed his MS in Mechanical Engineering from Tufts University.
Markets Interested: SaaS, Enterprise Software, Fintech, Social Media, IT, Clean Technology, Gaming. Investments: Alma Connect, Enpower, HashCube, Zuvvu, Pinpuff, Ideophone, Biosense, and many more.
Pranay Gupta | Angel Investors in Delhi
Pranay Gupta is the Co-Founder of 91springboard, India’s leading co-working spaces. He also acted as the Joint CEO at Centre for Innovation, Incubation, and Entrepreneurship. Before Co-founding 91springboard, he worked with Lehman Brothers and Nomura Securities.
Soaib Grewal acts as an Advisor to AngelList India and is also the Venture Partner at TLabs, a leading startup accelerator and seed investment firm. Before getting associated with TLabs, he acted as Design Mentor at Microsoft Accelerator and also founded BOLd, Design-led investment firm.
Markets interested:E-commerce, Clean Technology, Travel, Real Estate, SaaS, Big data. Investments: Radiowalla, AdvantEdge Club, WittyParrot, Leverage Edu, Alliz Health among many.
Hetal Sonpal | Angel Investors in Delhi
Hetal Sonpal is into mentoring young minds and budding entrepreneurs along with the students of Amity International School in Gurugram. Earlier, he worked with Intel as the Head of Strategic Alliances. From the esteemed Narsee Monjee Institute of Management Studies, Hetal obtained his MBA Degree. He possesses relevant knowledge and expertise in his field.
Markets Interested: Social Media, Travel, Foodtech, Automobile, B2B, Internet. Investments: Yaantra, BSquare, RippleCard, Wow Momo, Find my Stay, ChefsNearMe, Ziveg and many more.
Yogesh Bansal | Angel Investors in Delhi
Yogesh Bansal, the Founder, and CEO of ApnaCircle Infotech is a tech missionary with tremendous knowledge and expertise in this field. He holds an MBA Degree in IT & Finance from the University of North Carolina and also founded companies like GeoRapid, GoActiveClub, and Mail Genie. He has got exposure to skills like team building, merger and acquisitions, and serial entrepreneurship.
Markets Interested: Healthcare, Aerospace, Hospitality, Agritech, Real Estate, Foodtech, Travel, Fintech. Investments: X Prime, Unbxd, SmartVizX, IntensAquatica, SquarePlums among many.
Bharat Mehra | Angel Investors in Delhi
Bharat Mehra is the Co-founder of Eatworks. He has major experience in the industry of food and real estate. He is a graduate from the esteemed Alliance Manchester Business School and entails skills in Negotiation, management, sales, and valuation. He is among the leading seed investors in Delhi, who is always an enthusiast to work with people who have passion and zeal to do something new.
Satyan Gajwani, the VP of Times Internet & Board member of Times India Group, is among the prominent investors in Delhi. Times Internet is one of India’s largest digital media companies that possess brands like Mumbai mirror, Gaana, Times of India among many. He is an alumnus of Stanford University. He also acts as a mentor to startups in media planning, market research, strategic planning, and team building.
Markets Interested: Enterprise Software, digital media, fintech, e-commerce, journalism, technology. Investments: Magictap Solutions, NewsBytes, ORO Wealth, Slintel, Vaultedge, Khabri, Yellow ant among many.
Rajat Harlalka | Angel Investors in Delhi
Rajat Harlalka, the Co-founder of Bellurbis Technologies (enterprise software platform), is an active angel investor in Delhi. He is an alumnus of IIT Varanasi and IIT Guwahati. He also acts as the operating partner at GSF India and as a mentor to startups. Be it any concept, like Competitive Analysis, Product development, presentation skills, industry trends or technical marketing, Rajant is at the forefront to help you out.
Abhishek Dwiwedi, an Assistant VP of Growth at 1mg.com (Online Pharmacy), is one of the top angel investors in Delhi. He is associated with SternFisher (an Angel Network) as a partner and also served as the Head of Business Development at HealthKart. By being an alumnus of Delhi College of Engineering, he launched SBD Solutions to organize the fragmented solar photovoltaic & thermal market.
Spinny, a platform for buying used cars, was Founded by Niraj Singh. Earlier, he was associated with Outbox Ventures as a Founding Partner and has also Co-founded Top Yaps, an internet media site. Locus Education, an ed-tech startup that helps students with IIT JEE Preparation was also co-founded by him. Being a graduate in Electrical engineering from IIT Delhi, he has got exposure to various domains. He not only invests in startups but also provides correct guidance for the growth of the venture.
Markets Interested: Fashion, Social Media, Digital Marketing, Ecommerce, Lifestyle, Blogging, Marketing, Food, Logistics. Investments: Campanja, Bea’s of Bloomsbury, Shoto, Tizaro.
Priyanka Gill | Angel Investors in Delhi
Priyanka Gill is the Founder & CEO of POPXo, Women-focused digital media firm). She is a prominent female angel investor in Delhi and entails interest in building brands within the lifestyle market. She is also the founder and CEO of Plixio (Influencer management platform) & Luxeva (Digital guide platform). She completed her Master of Arts from Kings College London and BA (Hons) in English from Lady Shri Ram College for Women.
Anirudh Mullick is the head of Recruitment at Sequoia Capital India, where he provides recruiting services to Sequoia’s portfolio companies. He is currently the VP of Sequoia Capital India and is an alumnus of IIPM. Earlier, he served as an Associate Director at Executive Access India. He can help startups find and acquire talents for their development and also guide them through business development and strategic planning.
Markets Interested: Consumer Internet, SaaS, Small and Medium Businesses, Education, Big Data, Location-Based Services. Investments: Kartrocket, Kraftly, Roposo, talking threads.in, Giveter.com, among many.
Gaurav Kachru – Angel Investors in Delhi
Gaurav, Founder and Managing Partner at 5ideas (an investment firm), is an active private investor in Delhi. Earlier he founded e-commerce startups FashionAndYou and DealsAndYou. Before commencing his entrepreneurial journey, he worked with Manpower Inc as Regional Director for Asia.
Markets interested: Enterprise Software, Travel, Technology, SaaS, Mobile applications, Fintech, Healthcare. Investments: MealHopper, Mind Your Fleet, OnlineTyari, AppVirality, Autowale.
Rajnish Kumar | Angel Investors in Delhi
Rajnish Kumar, the Co-founder and CTO of ixigo.com (travel & hotel booking platform), is one of the prominent angel investors in Delhi. He is an alumnus of IIT Kanpur and has expertise in Computer Science and Technology. Earlier, he had also founded Traveneus and has an understanding of Mobile applications and Software development. He also served in various roles at Amadeus IT Group in Spain
This was our list of Angel Investors in Delhi. If you are an investor or know any of the investors for startups, connect with us at shubham@startuptalky.com to get featured in the list.
FAQs
How to get investors for business in India?
Steps to get investors for business in India or investors for startups in India:-
Create a profile on Angel List.
Prepare a record of investors to share your ideas with.
Brush up your networking skills.
Have a classy introduction to your and your business.
Tell them why they should invest in your business.
Where can I find Angel Investors?
Check with the Business Development Center, Community Futures Office or Economic Development Centre where you live; there may be an active group of angelinvestors in your community.
What is an angel investor?
An angel investor is a person who gives capital for a business start-up, normally in exchange for convertible debt or ownership equity.
How to find investors in Delhi?
You can find out investors in Delhi by Ask Family or Friends, try crowdfunding platforms to find investors.
The pandemic has contributed to the growth of the technology sector and made it a necessity. The entire world has shifted from offline to online mode.
All the office work, teaching, and learning went online. This gave rise to more and more platforms that support these services.
With schools, colleges, and coaching being shut down, the ed-tech sector became the need of the hour. One name in this sector that gained huge popularity is BYJU’S.
BYJU’S is one of the most popular platforms in the ed-tech sector. With its great teachers, learning material, and latest technologies, it has earned quite a big space in student’s life.
BYJU’S is a technology-based educational platform. It has various programs for students to learn between the 1st to 12thstandards. It also offers various courses for exam preparations. These include CAT, MAT, NEET, JEE.
The company aims to develop self-learning among children. It helps the students to clear their doubts many times without any hesitation. It provides learning through the best-qualified teachers.
Foundation
BYJU’S was founded in the year 2011. Byju Raveendran and his wife, Divya Gokulnath collectively found the company. As the name suggests, the company is named after the founder’s name.
The company has its headquarters located in Bengaluru.
Where Did the Idea Come for the Startup?
The idea came in Byju’s head while helping his friend crack the CAT exam during his vacations. He also gave the exam and cleared it with 100 percent.
After that, he began to conduct workshops on mathematics. Later, to expand his reach, he began to record his workshops. This was the time when startup seed was sown in his head.
BYJU’s and the Effect on Ed-tech Sector During Pandemic
The concept of tuition has always been there. The students who didn’t understand the course at school or couldn’t score well would opt for the tuition. Sometimes the students would go to their friends or someone elder living nearby to learn. The other times, especially the older students would join coaching centres.
BYJU’S helps the students to learn out of the four walls of the school. It clears various doubts of the students like tuition but in an online format. The concept of the company was amazing. But it didn’t get much popularity as most people didn’t want increased screen time for their children.
However, The pandemic changed the entire scenario. The whole learning process shifted to the online mode. Even the regular school’s classes got reduced to mere a screen. With lockdowns everywhere, the local tuitions and coaching centres got closed.
This was the time when people had to understand the need for online learning. During the pandemic, BYJU’S made its content for 1st-12thstandard free for all for a while. This helped the platform gain huge popularity and audience towards itself. Thus, the pandemic proved to be a boon for BYJU’S.
The company was also able to raise significant funding during this time and became a deacorn (A company valued at $10 billion) with a valuation of $10.5 billion.
Is BYJU’S Creating a Monopoly in the Ed-tech Sector?
BYJU’S does have various competitors in the market. However, certain reasons are showing that it may be trying to create a monopoly. These are:
Empire Building
BYJU’s trying to establish itself not only in India but outside as well. BYJU’S didn’t see a sudden growth in the initial days. It took the company almost four years to gain a student’s audience of 40 million. During the pandemic, however, this number rose to 65 million.
The company aims to develop a learning app for global students as well. With its acquisition of WhiteHat Jr., it aims to serve the students in New Zealand, Australia, etc. By building an empire, BYJU’S seems to create a monopoly.
Byju’s Acquisitions Spree
BYJU’S has indulged in 18 acquisitions and an investment, spending more than $2.88 billion. Out of these 10 acquisitions were made in 2021. These included- Scholar, HashLearn, Gradeup, Great Learning, Aakash Educational Services, GeoGebra, Tynker, Whodat, Toppr, Epic.
Aakash Educational Services has a strong level of trust among the students and parents. It has been a tried and trusted source for Indian customers. BYJU’s acquisition of it gained a huge customer base and trust towards the company.
Startup Name
Acquisition Date
Acquisition Amount
Vidyartha
January 2017
Rs 50 Crore
TutorVista and Edurite
July 2017
$5 million – $30 million
Math Adventures
July 2018
$100 million
Osmo
January 2019
$120 million
WhiteHat Jr.
August 2020
$300 million
LabInApp
September 2020
–
Aakash Educational Services Ltd
January 2021
$1 billion
BYJU’s various acquisitions seem to be a reason that shows it is trying to create a monopoly in the ed-tech sector.
Valuable Unicorn
BYJU’S over the years has now earned a huge valuation for itself. In June 2021, BYJU’S became the most valuable unicorn in India. It even surpassed the digital payment platform, Paytm. BYJU earned this without going public.
The company hasn’t indicated any definite plans to go public. But when it goes, it is sure to create a huge impact in the entire ed-tech market with great success.
What Makes BYJU’S So Popular Than the Others in Ed-Tech Sector?
BYJU’S holds an important position in the ed-tech market but this position doesn’t come without competitors. It has various competitors like Unacademy, Vedantu, Toppr, and more.
There are certain points that make BYJU’S a highlight in the ed-tech industry. These are:
It has courses for children in kindergarten. Also, it has courses for students preparing for competitive exams.
The teaching methods used by BYJU’S are super effective. They impart knowledge through videos that have a super catchy pattern.
The lessons offered by BYJU’S are easier to understand. They are more interactive in nature than other platforms.
BYJU’S also has a pool of knowledge and study material for the people preparing for government jobs.
Unlike various platforms, BYJU’S offers lessons in many languages. For example- Hindi, Telegu, etc. This enables the company to attract a wide range of audiences to the platform.
BYJU’S also conducts live classes for various courses. For example- competitive exam prep, coding, and tutoring. This develops a better sense of interest among the students.
BYJU’S is one of the leading platforms in the ed-tech sector. The pandemic brought various competitors to the company. BYJU’S yet, with its expansion, acquisitions, and strategies, continues to stand out from the rest.
BYJU’s acquisition of Aakash Educational Services, Gradeup, and WhiteHat Jr. are the biggest contributions towards its growth. These helped BYJU’S gain trust and a huge customer base. With all these, BYJU’S does seem to create a monopoly in the ed-tech sector. However, only time will tell if it enjoys the status of monopoly in the future.
FAQ
Is BYJU’s creating a monopoly?
BYJU’S has indulged in 18 acquisitions with these many acquisitions it looks like Byjus is trying to create a monopoly in the edtech sector.
Did BYJU’s acquire Aakash?
Yes, Byju’s acquired Aakash in January 2021 for $1 billion.
We’ve all gone through the effort of looking for universities to apply to after completing our 12th grade. Before taking a decision, as a learner, you should have a fundamental understanding of the uni. These facets are the standard of teaching provided, prices, the opinions of former and present alums, and the institute’s rank.
However, gathering these essential details about universities is a tricky job. The notion of having all this data about institutes and tests from all over India and overseas in one spot appealed to the youth. It was created to fill this disparity, letting learners, parents, and professors find all the data they need about colleges on one page. Let’s look at its startup story and know more about it.
Collegedunia fills the disparity between institutions and learners. A learner or parent can study and gather data about multiple courses and colleges in India via its vast search tool. A user can get data on a range of topics, including college, ratings, stream, curriculum, placements, facility, costs, admissions, and extracurriculars, to make more effective career choices. All this data is provided to the learners at no fee.
Startup Name
Collegedunia
IPO Status
Private
Operating Status
Active
Company Type
For-Profit
Sector
Digital Marketing, IT, Education
Headquarters
Delhi, India
Founder
Sahil Chalana
Founded
May 8, 2010
Total Funding
$605.8k
Collegedunia – Mission and Vision
Mission
The most important option in a person’s life, the option to choose a college, shouldn’t be taken lightly. We want to be the best educational sites, with more dynamic UX and most verified data, and to facilitate learning in every way possible in making their wise choices.
Vision
CollegeDunia was founded with the goal of arming learners’ information so that they may make better decisions about their profession and alma mater.
Collegedunia – Tagline and Logo
Tagline – Transforming India by Transforming Education
Collegedunia Logo
Collegedunia – Features
The web design was recently updated, with a focus on the part of the test. The firm has witnessed a significant spike in traffic since then. The test part comprises comprehensive information on all key national and state-level admission tests. The UI is easy to use. Take a peek at the JEE Advanced 2016 page, for instance.
The organization has a one-of-a-kind 25-member consulting staff that participates in phone chats with learners to assist them in making the best educational wise choices. It also offers a feedback section with over 50,000 opinions from alumni who are presently studying or have graduated from various universities.
They added a detailed evaluation form through which people can submit their thoughts on institutes or programs. They edit, analyze, and sort these reviews periodically to identify that people receive accurate data. Rank and cut-off forecasts, as well as virtual counselling, will be included in the official app in the near term.
Collegedunia – Startup Story
Sahil Chalana, a BITS Pilani alumnus, created Collegedunia.com. The firm started operating as a specialized firm in 2014. According to him, there is a significant disparity between the facts and the accuracy of services that students search for during the pre-admission period.
As a result, he came into the concept of Collegedunia.com and assembled a group of young and ambitious people. It’s a community of over 250 young folks, with an approximate age of 25, who wish to bring value to society.
Limited knowledge can be harmful to the profession and college choices, which is where it will help. Its vast alumni network assists in providing relevant information to learners.
The amount of material on the site is fairly comprehensive. You’ll find everything here, from renowned majors like medicine and law to practical and overseas study data.
The goal of providing learners with the information they need to make better decisions about their job and alma mater set the ground for its creation. Both for guardians and learners, it serves as an effective collection of college/university data as well as professional material such as tests. Learners might look for institutions based on what alumni have said about them.
Since the beginning, it has assisted thousands of kids across India (and beyond) in making informed selections about their careers and educational institutions. It has evolved from a handful of institutes and programs to be the nation’s market leader. Currently, the platform is the nation’s top institution rating site.
Collegedunia – Business Model
The entire basis of their revenue is paid advertising, which allows universities to promote themselves on the site, boosting the exposure of their listings across the web.
Other than that, they use a Cost Per Lead (CPL) approach. They provide student data with the institution and earn money based on CPL. Learners can also enrol in those institutes, and they will obtain a CPL from the university officials for each admission to that campus.
The firm says that its dataset, handpicked content, and periodic data updates are among the features that set it apart from the intense rivalry.
Collegedunia – Funding and Expansion
Founded in July 2014 with only a few institutions and tests, it now contains comprehensive data on over 15,000 institutes and tests such as the CAT, GMAT, and others. They strive to enhance their outreach to 30,000 universities and include all national exams by the end of this year, owing to foreign funds provided by Gaadi.com CEO Umang Kumar.
The firm now receives over a lakh page views, which is lower than their rivals, but roughly 40% of their traffic is direct, which they believe is better than the rivals.
Throughout two financing rounds, it has generated a net of $605.8K. Their most recent revenue comes from a Seed round on January 18, 2016.
Date
Acquired by
Amount
Transaction Name
Nov 3, 2014
$163.8k
Angel Round
Jan 18, 2016
Umang Kumar
$443k
Seed Round
Collegedunia – Competitors
Careers360
Collegedunia’s main competitor is Careers360. In 2009, Careers360 was created in Gurugram, Haryana. It works in the education software area. It makes $3.7 million less income than Collegedunia.
Shiksha.com
Shiksha.com is Collegedunia’s 2nd main competitor. It was created in 2008 and is headquartered in Noida, Uttar Pradesh. Shiksha.com, like Collegedunia, competes in the education software space. Shiksha.com accounts for 72% of Collegedunia’s earnings.
CollegeDekho
CollegeDekho is the third-largest rival to Collegedunia. It was formed in Gurgaon, Haryana, in 2015. CollegeDekho, like Collegedunia, is in the Educational Software business. It brings in $2.7 million less than Collegedunia.
Collegedunia – Current and Future Plans
Currently, the site provides data on approximately 15,200 colleges, 16,000 programs, and 330 tests. On the site, one may obtain all the detailed info about universities, including rating, region, and opinions. It has also developed an app-based UI, taking into account the simplicity of use of mobile apps. Its mobile app lets learners quickly and conveniently obtain all this data.
It also works with campus fests, where learners can come up to the website and leave feedback on their universities. It intends to take its concept to another level soon, with an ever-growing knowledge base and notoriety. The firm’s goal is to provide end-to-end service for students’ entrance requirements. The aim is to engage the student tribe with the site in this way.
Collegedunia Rewards for Reviews
With its reward-based structure, it has indeed begun student collaboration. Learners that contribute valuable insights about their colleges/universities might win significant cash awards through the site. So, in the long term, Collegedunia.com will provide more institutes and mentorship.
India’s education sector is booming, and the country’s higher education system is unlikely to stagnate anytime soon. In the same way, the majority of kids seeking higher education is increasing. As a result, both students and faculty have a wide range of possibilities. It’s safe to assume that the industry is brimming with possibilities. However, India’s ed-tech industry is just beginning.
Until now, Collegedunia has taken the appropriate moves toward securing this niche but vital sector. Only time will tell whether it can play its cards correctly and fulfil its commitments.
Collegedunia – FAQ
When was Collegedunia started?
Collegedunia was started in 2014 by Sahil Chalana.
What is Collegedunia’s business model?
Collegedunia earns its revenue from paid advertising, which allows universities to promote themselves on the site. It also uses a Cost Per Lead (CPL) approach where they will obtain a CPL from the university officials for each admission to that campus.
Who started Collegedunia?
Sahil Chalana, a BITS Pilani Alumnus founded Collegedunia.
Anik Banerjee
Rishabh Rathi
