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[20] [21] In the same year, Byju's became India's first edtech unicorn. [22] By 2019, 60% of Byju’s students were from non-metros and rural cities. [23] In January 2022, the company joined Simplilearn, Unacademy, upGrad, PrepInsta Prime and Vedantu to become one of the founding members of IAMAI's India EdTech Consortium. [24]
Byju’s distress has weighed on India’s edtech industry in particular. The sector received $712 million in funding in 2023, down from $2.9 billion in 2022 and $5.3 billion in 2021.
Unacademy is an Indian multinational educational technology company that provides online educational platform [2] with its headquarters in Bangalore.It prepares students for various competitive exams (like JEE, NEET, UPSC, Chartered Accountancy, GATE, UPSC NDA, CUET, Boards etc.), as well as provides content on foundational and skill building courses (programming, photography, entrepreneurship ...
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
Physics Wallah Limited (commonly known as Physics Wallah; or simply PW) is an Indian multinational educational technology company headquartered in Noida, Uttar Pradesh.The company was founded by Alakh Panday in 2016 as a YouTube channel aimed at teaching the physics curriculum for the Joint Entrance Examinations (JEE).
The company was launched in 2014. [1] Its name, Vedantu, is derived from the Sanskrit words Veda (knowledge) and Tantu (network). [2] The organization is run by IIT alumni Vamsi Krishna (co-founder and CEO), Pulkit Jain (co-founder and head of product), Saurabh Saxena (co-founder) and Anand Prakash (co-founder and head of academics).
Extramarks Education is an Indian education technology company, that provides online and offline schooling and curricula. [1] [2] [3] It was founded in 2007 by Atul Kulshrestha, the company is headquartered in Noida, India.
Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning. [ 1 ] [ 2 ] When referred to with its abbreviation, "EdTech", it often refers to the industry of companies that create educational technology.