EdTech is changing the face of education and that can be seen from the substantial amount of funding they have been raising and the change in the mode of education preferences that has been noticed in a span of year.
EdTech companies have seem to master technologies to disrupt the way tuition and coaching are delivered to students. Below is a list of 13 EdTech startups from India that have raised funding in Millions!
1) Vedantu
Start Year: 2011
Founders: Anand Prakash, Vamsi Krishna, Pulkit Jain, Saurabh Saxena
Description: Vedantu is an online education platform, providing tech-based education to the students that enable personalized learning. Students and teachers get access to live learning in between them. On this platform, students can select a teacher from the lot of quality teachers. User can use tools like whiteboard, audio and video technology for the interactive learning sessions. The company is very focused on technology and has created in-house products, which is very optimized for low bandwidth conditions
Funding: $ 5 Million from Tiger Global and Accel.
2) UEducation
Start Year: 2015
Founders: Ravijot Chugh, Prabhav Phalgun, Ronnie Screwvala, Mayank
Description: The Company’s full stack approach of innovating in content, technology and service gives it an advantage over any other edtech ventures. The courseware is sourced from both academicians and industries. They are focusing on getting the industry participate in the curriculum and deliver the course. Courses will be co-branded in partnership with university whose faculty will be responsible for create the curriculum.
Funding: $ 15 Million by Ronnie Screwvala
3) Toppr
Start Year: 2013
Founders: Hemanth Goteti, Zishana Hayath
Description: It’s an online subject-learning platform changing the way students prepare for IIT JEE, AIPMT, and Boards in India. Students can take unlimited tests, get feedback reports and compare rankings. It is the one stop solution as students get to focus on improving their performance with the question banks, unlimited tests with feedback, suggested practice tests, rank comparison, 24*7 support and the mobile app of Toppr:
Funding: $12 Million from SAIF, Helion, Fidelity Growth
4) Testbook
Start Year: 2013
Founders: Manoj Munna, Ashutosh Kumar, Narendra Agrawal
Description: The platform simplifies the process of exam preparation.
Learners appearing for Mock Test in Gate, Aptitude, SBI Bank PO, SBI Clerk, IBPS PO and IBPS Clerk can practice, analyze and improve.
Users get best quality tests at reasonable prices. Platform can be accessed easily and lets you track your performance, evaluate and improve with each test at national level.
Funding: $15 Million in 2014
Start Year: 2012
Founders: Nitesh Salvi
Description: the company aims to reach IIT JEE aspirants and deliver preparation materials. The material delivered is prepared by experts. The material delivered is in the form of online video lectures
Funding: $10 Million that includes $2 Million of seed funding from Aarti Group’s Promoters Gogri Family in 2015.
6) Embibe
Start Year: 2012
Founders: Aditi Avasthi
Description: It is an online test prep portal specializing in engineering entrance exams. The Mumbai-based startup currently has 15,000 students on board and wishes to expand, offering medical prep. All one need to do is create a free account and start practicing any chapter.
Funding: The company received $4 Million from LightBox Ventures & Kalaari Capital in May 2014.
Start Year: 2009
Founders: Sanjay Purohit
Description: India’s largest PC based education content delivery company, brings to you a smarter way of studying through its advanced android based application that works on offline mode as well. It enables students to learn and revise concepts for school curriculum for classes IX to XII and important tests like IIT JEE, AIPMT, CA-CPT and more.
Funding: $15 Million from IDG & Norwest
8) Meritnation
Start Year: 2009
Founders: Pavan Chauhan
Description: India’s most popular and largest online education platform with over 8.2 million K-12 students. Users study on Meritnation using live classes, animated videos, interactive exercises, practice problems, tests and more. It has curriculum-aligned content to major boards like CBSE & ICSE as well as State Boards.
Funding: $15 Million by InfoEdge
9) SimpliLearn
Start Year: 2009
Founders: Krishna Kumar
Description: Provides professionals with certification training courses. It helps professionals across the globe realize their dreams.
Funding: $25 Million from Helion, Kalaari and Mayfield
10) BYJU
Start Year: 2008
Founders: Byju Raveendran
Description: It offers preparation training for different entrance tests and competitive examinations. It is now India’s leading provider of supplemental school curriculum classes for classes 6-12 and test prep training for CAT, JEE, IAS, GMAT and GRE.
Funding: $40 Million from Sequoia and Aarin
11) CultureAlley
Start Year: 2012
Founders: Neeharika Bhartiya, Nishant Patni, Pranshu Bhandari
Description: It offers self paced audiovisual lessons and interactive practices online. User can master conversations, phrases, vocabulary, pronounciation and more while browsing the web.
Funding: $6.5 Million from Tiger Global and Kae Capital
12) EduKart
Start Year: 2011
Founders: Ishaan Gupta, Mayank Gupta, Vijay Shekhar Sharma
Description: India’s leading education marketplace offering 2000+ degree, diploma, certificate, entrance coaching & K-12 courses. Sudents can apply online, distance and correspondence courses.
Funding: $1 Million from Holostik Group’s United Finsec (family office arm)
13) Nayi Disha
Start Year: 2012
Founders: Kushal Bhagia, Kartik Aneja
Description: It offers engaging learning modules for preschoolers. They are the makers of immersive educational apps for children all over the world.
Funding: $2 Million in seed funding.
Which other Indian EdTech startups are you familiar with that raised millions to provide millions with world-class education? Share with us in the comment box below.
