Education technology startups play a key role. Challenging the traditional education ecosystem, online education has now grown deep into the community of young students and parents. Access to cheap data packages has made platforms such as YouTube and Tata Sky a popular medium to access education from a consumer’s perspective. The rise in adoption of digital channels and cashless payments has led to significant growth in the sector.
According to DataLabs, 186 unique ed-tech startups have raised $1.73 Bn funding since 2014. The success of startups such as BYJU’s, Vedantu and Toppr offers a mere glimpse of the potential in the sector. From $247 Mn in 2017, the opportunity in India’s online education market is estimated to soar to $1.96 Bn in 2021. Key driving factors include deeper penetration of the internet and smartphones, rising disposable incomes and the ever-growing demand for reskilling.
Hereby enclosing prominent Edtech startups that are changing the way students learn; also the listed company’s are on a random basis not on their offerings or digital teaching skills.
Byju’s offers a comprehensive catalogue of different courses for different levels starting from 4th standard till 12th standard, apart from offering courses for different competitive exams like IIT, JEE, NEET, CAT, GMAT, Bank PO, and whatnot. Byju also offers video lectures to help you crack the campus placement tests to support you grab the job in your dream company after your college.
Just like any other popular learning app, you can also take quizzes, appear in mock tests to ensure, you are on the right pace towards your destination. After a test, you can see an in-depth analysis to help you know your week points and the areas, you are strong at.
Toppr is India’s leading after-school learning app on a mission to make learning personalised. It caters to the individual learning styles of candidates and provides the widest K12 syllabus coverage with over 80,000-course combinations. It currently has over 10 million students on its platform and helps them prepare for various school, board, and competitive exams. It uses natural language processing to solve student doubts instantly. It has launched live classes on its platform where students can join batches with pre-published schedules.
It also uses artificial intelligence, machine learning, and big data to study student behaviours and create adaptive learning paths with infinite combinations. This ensures that every student has a unique and adaptive learning experience.
This online ed-tech platform started in 2015, provides education through video classes, PowerPoint presentations and other materials to help government job aspirants prepare for competitive exams. Its faculty consists of students who have cleared various exams and mentors who have extensive teaching experience. They efficiently condense the course material and break down complex concepts into simple bullet points.
The platform covers a wide range of subjects and concepts relevant to competitive exams in many languages to benefit students from all over the country. It not only aims to educate them better but also improve their speaking and writing proficiency.
Gradeup, India’s largest exam preparation platform, backed by $10 million from Times Internet, helps more than 18 million exam aspirants prepare effectively for competitive examinations like JEE, NEET, GATE, IBPS, SSC, TET, UPSC amongst others. It is India’s only ed-tech platform which has built engaging exam-specific communities of students preparing for competitive exams, enabling students to interact with fellow peers & mentors, ask questions, share updates & much more. Its flagship offering is Gradeup Classroom; a comprehensive exam preparation tool providing Live online courses from some of India’s best faculty.
Gradeup believes that in the long run great pedagogy delivered through effective, engaging mediums will bring in impactful results and that will set an example for India’s test preparation market. Therefore they have an unparalleled focus on “student success” as a tool to measure achievements and effectiveness, thereby stressing more on learning outcomes.