Top 8 Ed-Tech Companies in India in 2022

Ed-tech companies in India have grown significantly since the dawn of the Covid-19. In 2016, the industry was still doing its business but not scaling at its peak speed. However, tables have turned completely. Thanks to the internet and technology, the ed-tech companies in India make huge profits by providing online teachings.

 

List of the best ed-tech companies in India

 

There are many ed-tech companies in India in which we will have a deeper look into a minute or two. First, you need to understand why ed-tech companies in India are in high demand and how it’s changing people’s lives.

So without any further ado, let’s dive right into the details of ed-tech companies in India.

 

What is an Ed-Tech Company?

 

An ed-tech company provides an online platform that offers an opportunity, tutors and learners. The platform aims to create a win-win situation for all. First comes the founder, who makes all the initial investments and does marketing to invite people to its ed-tech platform.

 

Teachers create a course, and students pay to get that education. When a transaction happens between student, and teacher a small commission fee goes to the platform provider.

 

Reason Why Ed-tech Companies in India is Growing So Fast

 

Simplilearn, an ed-tech company, recently crossed the net revenue of 500 crores in Q4 2021. Wondering, how do they make so much money?

 

The most basic reason why ed-tech companies in India are growing so fast is Covid-19. Since offline teaching was closed due to lockdown, online learning has taken place, and ed-tech companies have taken full advantage of it.

 

Also, thanks to Jio, who makes the internet prices dirt-cheap that allows users to consume more data in a day. Not to mention, smartphones became a real deal in this process since not everybody can afford laptops.

 

So, the reasons why ed-tech companies in India become so profitable is because:

 

  • Covid-19 and lockdown
  • Cheap internet rates
  • Learn from anywhere
  • Affordable courses
  • Easy accessibility

 

Benefits of Using Ed-tech Platforms

 

Learning from an online platform gives you lucrative benefits. How? We will explain.

 

The first and foremost benefit is pricing – the course price on the ed-tech platform is way more affordable. You don’t have to go anywhere to learn. The ed-tech medium gives you the flexibility to learn from home. Also, it saves cost on petrol and most importantly time.

 

Time flexibility is also a vital benefit you get.

 

If the platform is hosting a live class and you missed it, then you will get a recording later, so the hassle of asking others about the missing session is no more. Like everything is not perfect, the different ed-tech platforms have their own flaws. We will go into the details once we dive into the list of best ed-tech companies in India.

 

Ed-Tech Companies in India

 

In this list of ed-tech companies in India, we will discuss the companies that are active in the market.

Let’s begin with the…

 

1. IIM Skills

 

IIM Skills was founded in 2015 by Vaibhav Kakkar, an entrepreneur, and digital marketing expert. This ed-tech institute provides four different courses and CAT coaching. Unlike other ed-tech platforms, where you will find 100s of courses, IIM Skills is more specific about their teaching. Instead of focusing on quantity, they believe in quality.

 

These are the four courses that you will find at IIM Skills:

 

 

The prices of most courses are in five figures, but you can contact them using the number given on their website to see if the EMI option is possible. Speaking of education, IIM Skills conducts zoom classes, where you will be learning the basics. You will get five days to complete the assignment. The IIM Skills teachers will review it and give you feedback. They will also point out what you can improve.

 

Brands like BMW, Amazon, HTC, Dell, and Genpacttrust trust IIM Skills certified students, and these MNC’s names are enough to make one believe that the quality of IIM Skills’ ed-tech platform is on par.

 

Advantages of IIM Skills

 

  • Small batch size – effective learning
  • Expert faculties with more than 12+ years of experience
  • Virtual interactive sessions
  • Access course content for a lifetime
  • Certification
  • Support – via call, WhatsApp, and email
  • Classes on Sundays only – 10 AM – 2 PM, so even if you do a job, the time is not a barrier anymore

 

In terms of support, IIM Skills is one of the best. You can call the teacher to get solutions to your problems, and their email response is also fast compared to any other ed-tech company in India. There is no disadvantage about IIM Skills that we can think of, but if we find any, then we will update this post.

 

2. Unacademy

 

Unacademy is one of the most successful ed-tech companies in India. Starting as a Youtube channel back in 2010, the company initially incorporated as an ed-tech platform in 2015. The founders of Unacademy are Gaurav Munjal, Roman Saini, and Hemesh Singh.

 

The vision of this platform is to provide education related to competitive exams like UPSC, JEE, NEET, and GATE. Right after two years, the platform has gained popularity, and it’s not just the marketing, but the quality of education you get from Unacademy is value for money.

 

This ed-tech company has also included teaching classes 6 – 12. Not to mention, it includes CBSE and Maharashtra board only. From 2015 to 2020, Unacademy raised funds in millions and acquired other ed-tech startups like PrepLadder, CodeChef, and Kreatryx.

 

They also launched a Graphy app, which allows users to create courses. The platforms they acquired are not much different from Unacademy. It’s just a simple strategy to increase revenue.

 

Advantages of Unacademy

 

  • Live classes
  • You can interact with the teacher using chat or voice
  • Provides coaching on most demanding exams
  • A monthly subscription means you do not have to pay a huge chunk of money at once
  • Easy to understand UI
  • Mobile application to learn from anywhere

 

Disadvantage of Unacademy

 

  • When it says Rs.599/month for 12 months meaning you need to pay fees of 12 months in advance
  • Only a few courses have the facility of a 1-month subscription fee

 

3. Simplilearn

 

Simplilearn is an Indian ed-tech start-up that started as a blog website. Thanks to the platform founder Krishna Kumar’s efforts, Simplilearn is one of the tenacious competitors in the global market. In 2021, the platform has crossed its 500 cores revenues, and it’s not surprising. Here’s why? Simplilearn’s platform has focused on building authority and kept its offering niche-specific.

 

The courses you will find on Simplilearn are related to titles we have listed below:

 

  • Cyber Security
  • Cloud Computing
  • Project Management
  • Digital Marketing
  • Data Science

 

Unlike Unacademy, this ed-tech platform does not offer knowledge of competitive exams. However, the USP of the platform is you will find post-graduate programs directly. Furthermore, Simplilearn has partnered with universities like Purdue University, UMass Amherst, and Caltech.

 

Later on, they started to collaborate with big MNCs like Amazon, Microsoft, IBM, and Facebook. You can find artificial intelligence courses created in collaboration with IBM, and all these courses are under post-graduate programs. While everything on this ed-tech platform is top-notch, the pricing is also high. Few of the courses have options for EMI, so financials shouldn’t be a barrier for most people.

 

Advantages of Simplilearn

 

  • Online postgraduate programs
  • Learn from the international university teachers
  • Online learning
  • Certifications
  • EMI option available in some courses

 

Disadvantage of Simplilearn

  • Pricey

 

4. Udemy

 

Udemy was founded in 2009 by three entrepreneurs, Gagan Biyani – Oktay Caglar – Eren Bali. The aim is to provide online education, and later the founders discovered that people want to learn at their own pace. Thanks to the advent of the internet in India, Udemy became a go-to online learning platform for Indian users who want to learn new skills in their free time.

 

There are two big reasons why Udemy is successful in the Indian market.

 

  • Learn at your pace – once you buy the course it contents can be accessed for a lifetime
  • Pricing – compared to Simplilearn and Unacademy, Udemy provides much more affordable courses

 

Moreover, the platform is not limited to any certain courses like Simplilearn. You will have hundreds of courses on different topics. Udemy grants access to tutors to create a course and earn as well. Currently, this ed-tech company has 46 million-plus learners, 60,000+ tutors and 1,75,000+ courses.

 

Notice the number of courses the platform has to offer? Udemy focused more on the quantity, but you can find the course with good ratings by using their filter system. Udemy is a platform for people who want to learn a new skill at affordable prices, and the one dominant benefit here is that content is well streamlined.

 

Advantages of Udemy

 

  • Affordable pricing
  • Access course content for a lifetime
  • Learn at your own pace

 

Disadvantage of Udemy

 

  • Connecting with course creator is not an easy task

 

5. Byjus

 

Byjus is so far one of the best ed-tech companies in India. Even though it started after Unacademy, Byjus has the highest market valuation in India. Founded by Byju Raveendran and Divya Gokulnath, the company’s primary goal is to deliver education to K-12 (Kindergarten to 12th Class) students.

 

This educational technology company has focused on creating quality content, teacher accessibility, and investments. Byjus collaborated with Bollywood’s most famous actor Shah Rukh Khan, in 2017. The influence of a famous actor results in a high amount of profit to the Byjus. The platform expanded its portfolio and covered more courses to gain more audience.

 

These are the courses you can learn from Byju’s platform:

 

  • CBSE
  • ICSE
  • CAT
  • IAS
  • JEE
  • NEET
  • Commerce
  • JEE Main
  • NCERT
  • JEE Advanced
  • K-12
  • NCERT

 

As you can see, Byjus covers most in-demand courses. However, the pricing of this course is not cheap at all, and it varies from field to field.

 

Advantages of Byjus

 

  • Quality learning
  • Exam papers to solve
  • Support from teacher

 

Disadvantage of Byjus

 

  • Expensive

 

6. UpGrad

 

The motive of UpGrad is to help upskill the people who are employed or graduated because not every university pass out gets placed. With the rise in technical jobs, people from non-technical fields suffer the most. Not only that, people with excellent technical skills in India.

 

UpGrad founders are well-experienced and know the market well. You will find different types of study programs on UpGrad but, it’s not like they have many courses like Udemy. UpGrad is much similar to Simplilearn. There is one prominent difference, that is valuation. UpGrad is a unicorn with a valuation of 1.2B, whereas Simplilearn is not anywhere near it. This ed-tech platform has partnered with several universities to build its authority.

 

Here’s the list:

 

  • The University of Arizona
  • Deakin University
  • IIT Madras
  • IIT KOZHIKODE
  • IIIT-B
  • MICA – The school of ideas
  • Duke corporation education
  • NMIMS global access school for continuing education

 

What makes UpGrad different is that it’s not limited to teaching only. This ed-tech company hosts one-on-one mock interviews and allows the employer to post a job. The reason why UpGrad has a high success ratio in getting their students placed is that UpGrad pass-out only those candidates who are allowed to participate in interviews.

 

If you don’t want to take the course and want help with your career – the platform provides mentorship. However, charges for an hour are a bit high, but it’s worth investing the money.

 

These are the services you will get in mentorship:

 

  • Resume writing
  • HR interview preparation
  • Job search strategy
  • Resume review
  • Resume review pro
  • LinkedIn profile writing
  • Technical interview preparation
  • Career growth hacks
  • Resume and LinkedIn review

 

All the mentorship sessions include video calls for 45 mins.

 

Advantage of UpGrad

 

  • Quality learning
  • Interaction with like-minded people
  • Live class sessions
  • Mock interview practice
  • Chance to get placed in the right company
  • Extra career-related services

 

Disadvantages of UpGrad

 

  • Pricing of courses is high

 

7. edX

 

edX is a less popular ed-tech initiative in India. It works on a freemium business model meaning, the platform has free courses and paid study programs. Thanks to the joint efforts of renowned universities like Harvard and MIT who created this platform.

 

If you ever wanted to learn from top-rated university instructors, then edX paid courses are for you. All teachings are online, so you don’t have to go through lengthy paperwork because everything is digital.

 

However, the paid courses are not cheap like you get on Udemy. The courses are super expensive and valuable at the same time. The free courses on edX do not include certification. But the fundamentals explained in free programs are absolute, which can help you advance afterward. Apart from Harvard and MIT, these are the other international universities that provide education on the edX platform.

 

  • Berkeley University of California
  • The University of Texas system
  • Boston University
  • University System of Maryland
  • Australian National University
  • Curtin University
  • TUDelft
  • Georgetown University
  • RWTH AACHEN University
  • Sorbonne University
  • The Hong Kong Polytechnic University
  • The University of Adelaide
  • The University of British Columbia
  • The University of Queensland

 

On edX, you can do your bachelor’s and master’s degrees from world-class universities. It is one of the best ed-tech companies in India, but the only reason it’s not much famous is because of less marketing, and the prices of professional programs are way too high.

 

Advantages of edX

 

  • Free and paid courses to choose from
  • The world-class institute provides courses with certification
  • Learn from experienced teachers
  • Assignments and projects in paid courses
  • Learn from home

 

Disadvantages of edX

 

  • Free courses do not provide certification
  • Premium courses are costly

 

8. Vedantu

 

Vedantu is a direct rival to the Byjus. You can become a teacher and earn money by educating students. Vedantu started teaching K-12 students and later expanded its portfolio just like Byjus.

 

Based on reviews from across the internet, people seem to like Vedantu because interaction with teachers is quick. Surprisingly, Vedantu teamed with Airtel TV and TATA Sky.

 

Both of these DTH service providers have different terms. On Airtel TV, you can pay Rs.4/day to watch the Vedantu channel, where you can learn the 4-12th class curriculum through animated videos.

 

Speaking of Tata Sky, you don’t need to purchase the subscription separately. If you are an active user, you can watch content for free. We suggest that you ask your cable operator for detailed information.

 

Advantage of Vedantu

 

  • Multiple educational programs are available
  • Affordable pricing
  • Fast response from teachers
  • Free study materials
  • TV channel support (only for Airtel and Tata Sky users)

 

Disadvantages of Vedantu

 

  • Not all Indian boards are covered

 

Frequently Asked Questions

 

Q.1. Which is the best ed-tech platform in India?

It depends on what type of learning you want. E.g. If you desire to learn digital marketing then IIM Skills, UpGrad, and Udemy are the best platforms. On the other hand, if you want to provide your children with online education, Vedantu and Byjus are suitable.

 

Q.2. What is an ed-tech platform?

An ed-tech platform or educational platform is an online medium that allows teachers to educate others, and the person who wants to learn something joins the platform and retains the knowledge.

 

Q.3. How big is the ed-tech industry?

The ed-tech industry has excessive potential. However, you have to be specific about who your target audience is when you create an ed-tech platform. For example, Vedantu gives teachings about K-12 and other popular exams whereas UpGrad is for people who want to be more skill-centric.

 

Verdict

 

These are the 8 most valued ed-tech companies in India that provide the best online education. While making this list we kept that in mind that everyone can take advantage of online learning platforms from school kids to university students to working professionals. That’s why we listed only the best platforms available in India. If there’s any doubt, even the slightest, drop them off in the comments and we will be more than happy to help you.

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