FAQs about Edtech Startups
What are the top edtech startups in India?
With India making its foray into the edtech market, especially after the lockdown, many startups have come up in the space. But it's Byju's, Unacademy, UpGrad, Vedantu and Toppr that are among the top edtech startups in India.
Which is the biggest edtech startup in India?
Byju's - a global edtech company that provides highly adaptive, engaging and effective learning solutions to more than 150 million students across the world - is currently the biggest edtech company in India. At $16.5 billion, it is India's most valued startup.
How do I start an edtech startup?
To start a company in this space, it's paramount to know the market befor narrowing down your niche. Check if your idea really addresses a need in the market, and in case it does, form a unique value proposition before choosing the right business model that will help you achieve your goals and earn money as a edutech startup. Next step is to build a team and develop a proof of concept, it's only then that you start to raise money and grow your business.
Are edtech startups profitable?
The edtech app business models - both educational apps for kids and organisational learning - have shaped up to be one of the most lucrative and luring models of business over the years for innovators as well as investors.
How big is the edtech market?
Post the lockdown across the world, the edtech market grew leaps and bounds. The global edtech market size was valued at $85 billion in 2021, and it is expected to reach over $230 billion by 2028, growing at a CAGR (Compound Annual Growth Rate) of 15 percent during 2022-2028.