What are EdTech Companies in India?
Gone are the times when teachers had to teach on chalkboards using books. The whole class was led by a single teacher using the same technique; whether the student is weak or strong at subjects, a child might be good at maths may need special attention in social science. But the traditional method uses one teaching methodology, fit for all, which is not much efficient for the overall growth of every child.
EdTech companies in India is the answer and the solution to traditional methods of teaching. It refers to education in which tech tools are used to teach students and make classrooms interactive, for example, instead of teaching on chalkboards, using Smart screens. Using Tablets, laptops instead of old days desktops so that students can learn anywhere, be it on the bus or playground.
Recording lessons and class notes so that students focus on what is being taught rather than taking notes. And recorded lectures help students to learn and revise concepts quickly as and when needed.
EdTech companies in India have tools that help teachers conduct test paperless, and making a question paper digitally is far easier than getting them printed. Students can take thousands of tests online, be it subjectwise, chapter wise or topic wise. Artificial Intelligence or AI is there to help students analyze their results and their weak and strong areas.
List of Top 10 EdTech companies in India
BYJU’S offers a learning app that provides coaching for competitive entrance exams like IIT-JEE, UPSC, GMAT, SAT, GRE, Engineering & Medical, and courses of grades 6th to 12th. It provides online courses and tablet classes with multi-test and assignment solutions, personal feedback, and in-depth analysis. The company has 15 million registered users, with 900,000 having annual paid subscriptions and an 85% renewal rate.
Unacademy started with a mission to provide free education to all. It has provided lessons to more than 30,00,000 students to date. It offers over 2400 online courses. Most of the courses are free on the platform; however, some of the courses are paid.
Unacademy provides lessons in various fields like banking, JEE, UPSC, CA, CAPF, CLAT, CAT, pre-medical and more.
Vedantu also provides online interactive learning on its platforms. It also has a youtube channel where you can prepare for JEE and NEET for free. It offers interactive lessons, test and analysis to help students better.
UpGrad is an online edtech platform that offers higher education programs. It provides users with an immersive experience to learn using the latest technology that builds well-designed courses. UpGrad was founded in 2015 by R. Screwvala, Mayank Kumar, Phalgum Komapalli, and Ravijot Chugh.
Toppr is an online platform for exam preparation from KG to 12th students. Toppr works on school curriculum syllabus and entrance examinations like JEE, NEET, UPSC, SAT, etc. It offers structured courses complemented by interactive video lectures, practise question sets, doubt clearing by professionals, and all-India test series.
Have you ever struggled to find out the best college for you and could not, then this website is the solution. It provides a list of colleges, students’ ratings, and college comparisons to help you select the best college as per your need.
Shiksha.com is also similar to collegedekho.com You can search for colleges by place, region, type, and courses on the platform. You can search for colleges, see their fees and also their eligibility criteria for admissions. You can also see ratings and reviews by students about a particular college on this platform.
Meritnation is an education startup based in Delhi. Pavan Chauhan founded it in 2008. It has grown to become one of the most useful websites for online education. Meritnation provides learning content for students for classes 1st to 12th across CBSE, ICSE, and other state boards.
Meritnation offers its students study material, tests, proficiency tests, and Olympiad packs via a social network like experience.
Stuck on doubt or a question and want the solution, then Doubtnut is there to help.
Doubtnut provides a scan with the question, type the question features, and when you give it a problem, then it gives you the solution of your typed or your scanned question in a video format.
On a fun note, students scan their exam questions and are getting solutions during this pandemic and using this platform as a cheating tool.
Instasolv is an EdTech firm that solves users questions on various subjects. Here you can send your problem and get them solved within 30min by subject matter experts.
So students do not worry if their assignment questions are tricky or challenging.
Indian market trend for EdTech Industry
EdTech industry in India is booming. It is growing heavily, and it already was a big thing before the pandemic. The pandemic has skyrocketed the need as schools were shut down, so students shifted to EdTech platforms for better learning.
The Indian EdTech market is currently valued at $2.8 billion and is expected to grow 3.7x to reach $10.4 billion by 2025.
In August month, India’s largest ed-tech firm Byju procured coding startup WhiteHat Jr. last year and virtual simulations lab app LabInApp in September. It signed a deal to acquire Aakash Education Services in January and has recently procured a personalized coaching app for students Scholr.
Vedantu has also purchased the Q&A platform Instasolv recently. Talking about Unacademy, the company procured TapChief recently.
The Indian EdTech industry is growing rapidly and is expected to grow heavily in the future.
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