The educational sector has experienced rapid growth over the last two to three years. Since many businesses are now aware of how crucial education is for the current generation, many new initiatives have been launched, particularly educational startups.
These educational startups have had a chance to develop and shine more due to the lockdown. One of the largest industries in the world today is India's Edtech sector, which has experienced tremendous growth over the last two years.
Numerous schools and colleges have been forced to rely on technology to educate students, and since then, the Edtech industry has experienced extremely rapid growth. Let's learn more about these Edtech startups now.
Startups in Edtech
The term “Ed-Tech”. It was created by combining “education” and “technology”. It alludes to technology that can facilitate educational advancement.
Education technology startups are modernizing India's educational system. Numerous startups use virtual reality, automation, videos, and more technologies to make learning more approachable and exciting.
Edtech includes interactive screens, online courses, and MOOCs. Edtech startups use technology to make education more straightforward and more approachable.
Top Indian educational startups
In addition to educating students and enhancing their skills, educational startups also assist students in selecting the appropriate career path. They can connect with resources they might not be aware of and gain an understanding of the practical side of things. Here are a few of India's top startups in education.
In the last few years, Brainly has gained enormous popularity. It is a knowledge-sharing community where nearly 200 million learners and experts come together to solve problems and maximize their knowledge.
Currently, 35 nations offer access to brainly. This business was started in Poland in 2009 by Michal Borkowski.
With a community of more than 200 million active users who are more than willing to assist you, any question you have can be answered quickly on this app.
Students, teachers, and parents have used this app extensively in India. They have improved their proficiency in math, science, and English thanks to Brainly.
“No one knows everything, but everyone knows something,“ is their catchphrase.
Brainly's user interface is straightforward to use, and even a non-techie can use the interface and can answer questions quickly.
A college search engine called CollegeDunia assists students in finding the best school for them based on their preferences. CollegeDunia was established in 2014 and aided students in learning about education domestically and abroad.
CollegeDunia has been working hard to assist students in making better college decisions for themselves. Since its founding, CollegeDunia has amassed data on more than 27000 colleges, 350+ exams, numerous courses, and much more.
More than 2,00,000 reviews of various colleges have been gathered by CollegeDunia, which will undoubtedly aid students in their decision. More than one crore in angel investment has been raised so far by CollegeDunia.
According to Sahil Chalana, its founder, ‘The second most important task for students is choosing a college. We want to be their personal, mobile admissions assistant throughout the admissions process.
Byju's is currently the most well-known educational startup and a household name. The brand name of Think and Learn Private Ltd. is Byju's.
Beginning as an online coaching course, Byju's has developed into a fully-fledged EdTech startup. Byju Raveendran and his wife Divya Gokulnath founded it in Bangalore. Additionally, they worked with Disney to make learning enjoyable.
Byju's uses fun questionnaires, video lessons, learner journeys, and engaging practice exercises. From fourth grade to IAS Preparation, Byju's offers many classes. Online courses for NCERT, ICSE, IIT & JEE, K10, K12, NEET, and other subjects are available.
Additionally, Byju's offers a unique learning app called Byju's for kids, which offers engaging and educational lessons for children in grades 1 to 3.
One of the Edtech startups with the fastest growth is Byju's, which has experienced tremendous expansion over the past few years. Byju's employs over 9000 people and has a massive INR 520 crores.
The primary motivation for founding BYJUs, according to Byju Raveendran, was to make learning accessible, efficient, engaging, and personalized for everyone.
2015 saw the debut of Classplus as Xprep. There are almost 25000 subscribers to Classplus. Classplus is primarily concerned with creating a comprehensive institute management system.
Coaching classes are essential to the Indian educational system, and class plus work to support these institutions. The app has numerous features that simplify managing coaching sessions, including smart attendance, online video selling, free recording, and many more.
In addition, the startup aids parents in monitoring the development of their children. The company has so far raised a significant sum of money from anonymous investors, including VC firms and other angel investors.
The app's co-founder, Mukul Rustaugi, has said, ‘The app was developed as a zero typing product with middle-aged tutors' usability in mind. By “zero typing product“, we mean that using the tool will require minor typing from the tutor.
In 2013, CueMath, an educational technology company, was established as an after-school math enrichment program. The company has altered and revolutionized how teachers and students view math.
The startup's main goal is to encourage school children to think creatively about math. The business uses a “learn by doing“ methodology and emphasizes gamified learning.
Manan Khurma, a well-known author of McGraw Hill books, started this business. In addition, CueMath has aided female tutors in landing fulfilling jobs. More than 1200 educators who work tirelessly for the improvement of the educational system are employed by the company.
Manan Khurma said, "My inspiration came from the realization that building solid foundations is where the real problems are. What was needed was a math program that improves young children's math outcomes.
So, in 2013, I decided to develop a math curriculum for young students. However, since not all children are naturally motivated, it is necessary to have a teacher present to make sure that the curriculum is followed.
I developed the teacher-elected model, in which teachers set up micro centres in their homes and instruct nearby children and students using the CueMath learning platform”.
Doubtnut is an ed-tech startup that will make your life much easier if you want to learn a language. Doubtnut is a multilingual online learning platform that uses cutting-edge technology. Doubtnut, founded in 2016 by Tanushree Gupta and Aditya Shankar in Haryana, focuses on answering questions from students. Simply upload a picture of your question, and Doubtnut will provide a video answer.
Given that it can respond to queries in 11 different Indian languages, Doubtnut is very well-liked in Tier-2 and Tier-3 cities. It uses NLP and image recognition for its operation.
We aim to use technology to provide a democratic, all-inclusive, and easily accessible education solution to all students in the language and manner they best understand, according to Tanushree Nagori, co-founder of the company.
Ekeeda is India's top startup. Its main objective is to offer technical education to students in India whenever and wherever they need it. As an IIT student in 2009, Prof. Mahesh Wagh founded this startup in Mumbai.
Ekeeda, known as the “Google of engineering,“ currently has over 40 million YouTube views. Ekeeda offers more than 400 courses and many video lectures to assist engineering students. Ekeeda is one of the most well-known startups today and focuses on providing the best services to its customers
According to Mahesh Wagh, “Our long-term vision is to acquire a 30% stake in the entire market of 1.5 to 2 crore students on different platforms like engineering, commerce, and science.“
Aiming to give students a higher education, Edukart is an online educational platform. Edukart will assist you in obtaining an online diploma or degree from renowned universities around the globe. It was initiated in 2011 by Ishan and Mayan Gupta.
MBA, Mcom, MCA, Executive MBA, Bcom, BCA, BSc, and other courses from domestic and foreign universities are available through Edukart.
The Edukart platform's degree is accepted and recognized by all important academic committees, including UGC, which is the best part. Additionally, Edukart gives students job opportunities.
According to the senior vice president of Edukart, „The Edukart team has quickly created a distinctive education service platform and has a thorough understanding of customer requirements. The Edukart team is invited to participate in the journey.”
Dost Education is a non-profit Edtech startup you should learn about if you're in India. This startup uses technology to assist parents in teaching their kids.
Their mobile phones receive an audio-based curriculum in this program, which they use to teach their kids. In a 24-week program, they aim to teach parents and kids between the ages of 5 and 6 how to make learning more enjoyable and grow.
Sindhuja Jeybal and Sneha Sheth founded Dost Education. Dost Education won the 2019 Next Billion Edtech Prize in London.
The founder, Sneha Sheth, stated, “Our mission is to ensure that every child is prepared to thrive, regardless of their family's financial situation, by putting parents at the centre of early childhood development. The goal is to assist parents in helping their children learn by being a friend with them.
A language-learning startup called Culturealley specializes in teaching users multiple languages. It enhances users' language learning experiences. To learn a new language, you can either hire a teacher or use audio-video lessons that are available for free.
The top free educational app, Hello English, is available from Culture Alley and is the best free language app. Within eight months of its release, it rose to the top of the play store's list of learning apps.
The two Patani brothers are the creators of culture alley. According to Priyanshu Patani, „One billion people from all over the world attempt to learn a foreign language each year, with about 60% learning English.“
A well-known Edtech startup named Gradeup has produced materials for competitive exams like JEE and NEET. Vibhu Bhushan, Shobhit Bhatnagar, and Sanjeev Kumar established this business under Gradestack Learning Pvt. Ltd. in 2015.
Data analytics has been the main area Gradeup has concentrated on and used to increase user engagement across all its platforms. The company has also strongly emphasised data analytics to aid students in improving their performance.
Gradeup is heavily investing in its growth to increase student engagement.
With the belief that “Those who got the opportunity to study better in their formative years got into better colleges and did better in life,“ Shobhi Bhatnagar founds this business.
Toppr was founded to offer online education to students in classes 5 through 12. Hemanth Goteti and Zishaan Hayath founded this business in Mumbai in 2013.
In addition to board exams, Toppr also provides preparation classes for competitive exams like JEE, NEET, AIIMS, CLATS, and others. One of the Top 50 International Education Companies was awarded to Toppr.
Toppr has extensively used technology like AI and machine learning to analyse student behaviour and make adjustments.
Unacademy is an online learning platform established in 2015. Unacademy offers students educational learning materials and video lectures to prepare for the major entrance exams in India.
Students who want to get ready for the competitive exam frequently choose this. You can view the videos the educators provided, download the pdf, and more.
The founding members of the unacademy are Hamesh Singh, Gaurav Munjal, and Roman Saini. More than 12000 educators currently offer both paid and free courses on Unacademy.
Numerous educational startups are competing in India's market. Multiple startups are introduced to the market each day due to the significance of education and the expansion of this industry. Still, only a few are successful and cater to students' needs, stabilizing their market position.
The startups mentioned above are some of the top educational technology companies well-known among students today and have so far offered the best services to students.
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