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.
Unacademy has funding of $110 million. Gaurav Munjal recently stated “Maybe I will achieve these. Maybe I won’t. But I’ll always aim higher. I’ll always dream big. Remember, you will never achieve more than you aim for.”
The main investors are Sequoia India, Nexus Venture Partners, and SAIF Partners, General Atlantic, Facebook, Blume Ventures.
Sahil Chalana founded College Duniya to help students find the right path for themselves. It is not a learning app. It helps people find the right college for themselves. It contains all the details of the college from eligibility criteria to fee structure. Not only colleges, but it also has stored information about several courses and approximately all entrance examinations.
When talking in detail, 27,000 colleges, 7000+ courses, 350+ exams are the totals till now.
It has created some valuable funds from Gray Matters Capital and M Chandrasekaran.
The founder stated, “College search is the second most important thing for a student and we aim to be the mobile personal admission assistant to the student during his admission hassle.”
The Funding is $49m and the Revenue is $212.5M
5. UP GRAD
UP GRAD is a Mumbai based startup, founded by Mayank Kumar, Phalgun Kompalli and Ronnie Screwvala. It provides higher education to the students and helps them to get online degrees from the top universities around the world. Starting from the MBA in business to law, software, insurance and many more, it does it all. Not only the study, but the internship too, has made a real difference. The funding raised is $ 205.8M
The founder members of Doubtnut are Tanushree Nagori and Aditya Shankar. The use of Cutting-Edge-Technology solves the queries of students. It is an AI-based application that uses NLP and Image Recognition.
Tanushree said, “We aim to use technology to provide a democratic, comprehensive and easily accessible education solution to all students – in the language and manner that they best understand.”
In series A funding, it has raised 15 million through their key investors like Sequoia Capital, Waterbridge, Tencent holdings and Omidyar Network India.
The Funding raised is $ 31M and The Revenue is 26.24M
The company was founded by Anil Nagar. It is one of the fastest-growing tech companies. It prepares students for government exams. It claims to provide the best education through videos and pdf materials. Asha Impact and STL are the lead investors here. The Funding amount is $ 20 million and the Revenue is $5.32M
The Founder and CEO of the Testbook application is Ashutosh Kumar. It was founded in the year 2013. It is the app made for the students to attain knowledge about Banking Courses, Railways Courses, SSC & Government exams, Defence Courses, State Exams and Insurance courses.
It has an annual revenue of $2.93M It has a funding of $12.9Million through some major investors like Matrix Partners India, Better Capital, AngelList and Vikas Choudhury, president of Reliance Jio.
Classplus is founded by Mukul Rustagi and Bhaswat Aggarwal. Classplus is a helping hand to those institutes that want to work with their full potential. It helps to record student data like attendance, fees records, online tests, student reports and many more to mention.
Mukul Rustagi mentioned “The app has been created as a zero-typing product, keeping in mind its usability for middle-aged tutors. By a zero-typing product, we mean that a tutor requires minimal typing effort to use the product.”
They have members of more than 900 in the team now. They have created a high amount of funding from Rising Stars, Manish Amin, Pallav Pandey (co-founder Knowlarity, Broex), Chavi Jafa (Head-Business Solutions, S. Asia, Visa) . The funding raised is $158M and The Revenue stood at $95.2M.
Vedantu was founded by Vamsi Krishna, Saurabh Saxena, Pulkit Jain and Anand Prakash. The Bengaluru based company has managed online learning in the way it was required. The company has increased the interactive sessions between the teacher and students. The teachers can easily check the attention of the students. There are game quizzes that make the child ever more attentive.
Vedantu has over 500 educators today and has raised $309 million and The Revenue is $14.8M The investors with Vedantu are Accel Partners, Tiger Global Management, and Coatue.