EdTech Unicorn Startups in India 2021

EdTech Learning Platform

EdTech Unicorn Startups in India have seen tremendous growth this year with fresh investment in the EdTech sector. In 2021 itself we have seen 3 startups turning into the Unicorn.

Indian Education Technology has seen exceptional growth in the Covid-19 Pandemic. The growth of Indian EdTech startups has been boosted by the Nationwide Lockdown leading to the limitation of physical classes of educational institutes, schools, colleges, etc. The National Education policy in 2020 also Supported Digital and online education seeing the need for E-Learning.

The Indian Edtech sector was one of the ignored sectors considering the Funding till 2019. but with the boost of remote learning due to the Pandemic has opened the new gates of these domestic Edtech startups. 

Here is the list of EdTech Unicorn Startups in India-

1. BYJUS

Byju’s is India’s EdTech Unicorn Startups in India which offers highly personalized and effective learning programs for class1-12(K12) and Competitive exam aspirants like JEE, IAS, etc. The Banglore-based EdTech platform was a pioneer in the Indian EdTech industry which was the first Edtech startup to turn Unicorn in India. 

  • Sector– Edtech
  • Valuation– $ 18 Billion
  • Entry–2018
  • Founders– Byju Raveendran, Divya Gokulnath
  • Founded– 2011
  • Location– Bangalore
  • Investors– Aarin Capital, Sequoia Capital, Lightspeed Ventures, Tencent, General Atlantic, Tiger Global

Visit Byju’s

2. Unacademy

Unacademy is India’s largest online learning platform that offers online education for Competitive exam preparation exams like  IIT JEE, NEET-UG, Bank Exams, GATE & ESE, UPSC CSE – Optional. The platform also helps you to prepare popular board classes from 6 to 12 in CBSE, Maharashtra, and UP boards.

The Edtech platform is having 50M + active learners with 1000+ Top educators. It started with a Youtube Channel in 2010 and became a feature-rich educational technology platform in 2015.

  • Sector– Edtech
  • Valuation– $ 3.4 Billion
  • Entry–2020
  • Founders– Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta
  • Founded– 2015
  • Location– Bangalore
  • Investors– Blume Ventures, Nexus Venture Partners, Sequoia Capital India, Elevation Capital, General Atlantic, SoftBank

Visit Unacademy

3. Vedantu

Vedantu is a leader in the Live Tutoring space of K-12 with 35M + Users accessing the platform free each month on its App and Web. The students can access the platform from the dedicated channels on Airtel TV and TATA Sky. The learning platform catered over 2 lakh paying students last year with 300% growth over the previous year.

The name Vedantu comes from Veda = ‘Knowledge’ and Tantu= ‘Network’ which gives testimony of its purpose. Vedantu’s offering includes tutoring courses to young students from 3-18 Years old and also the preparation of competitive exams such as NEET, IIT-JEE, Commerce, CBSE, ICSE, and state exams such as Maharashtra boards.

  • Sector– Edtech
  • Valuation– $ 1 Billion
  • Entry–2021
  • Founders– Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna
  • Founded– 2011
  • Location– Bangalore
  • Investors– Accel India, Tiger Global, Omidyar Network, WestBridge, ABC World Asia

Visit Vedantu

4. Eruditus

Eruditus is an Executive education platform with a mission to increase access to world-class executive education to executives from every part of the world. The platform creates the programs delivered both in the classroom and Online in partnership with the best business school in the world. 

  • Sector– Edtech (Executive Education)
  • Valuation– $3.2 Billion
  • Entry–2021
  • Founders– Ashwin Damera, Chaitanya Kalipatnapu
  • Founded– 2010
  • Location– Mumbai
  • Investors– SoftBank, Accel, Sequoia Capital India, Bertelsmann India Investments

Visit Eruditus

5.upGrad

Upgrad is Upskilling learning platform that helps the working professionals upskill while they work. It offers courses in different professional segments from technology to Management like  Data science, Software and technology, Business analytics, and management courses.

The platform is having 2M registered learners, 300+ Hiring partners, and 700+ industry experts. It is now South Asia’s Largest Higher EdTech Company. 

  • Sector– Edtech – Higher Studies
  • Valuation– $1.2 Billion
  • Entry–2021
  • Founders– Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, Ronnie Screwvala
  • Founded– 2015
  • Location– Mumbai
  • Investors– Temasek, IFC

Visit upGrad

Related  Top EdTech Unicorn Startups in the world

Conclusion

Byju’s was the first Edtech startup that joined the Elite Unicorn CLub in 2018 and is the Highest valued Edtech startup in the World as well as the highest valued Indian Startup in India.

The Indian Edtech startups are targetting the different segments of learning from the Tutoring to Higher studies and upskilling platform. Indian the coming years Indian will see many more Edtech Unicorns with the growth of online learning and Upskilling needs. 

 

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