TS Darbari Mentions Top 10 edtech startups Watchlist 2021
TS Darbari says that during the COVID19 pandemic 2020, where the global economy collapsed, there was a sector that found new ways to make lemonade out of lemons given by life. It is said that God has mysterious ways and we are mere puppets to obey God’s decreed will. However, there is another saying too ‘Man is the creator of his own future for it is the virtue of our hard work, endurance and knowledge that helps us to create new ways even in the most hostile surroundings. Therefore, TS Darbari says that God puts forth such unprecedented situations before us just to appraise our values, determination and courage. These statements are felicitous not only to the modern context but are universal in any circumstances.
TS Darbari further says that now, the sector that is in the context here is the education sector. When the history of the Covid-19 pandemic is written from the perspective of businesses, edtech players will only have positive things to say about it. Be it in the form of online coding classes, or the K-12 coaching modules, without edtech, 2020 would have been a lost year in terms of education.
TS Darbari says that this is the reason, a majority of edtech startups witnessed a J curve in terms of users, funding and scale, attracting the interest of investors, entrepreneurs and various stakeholders like never before in 2020. TS Darbari further adds that in 2020 alone, the edtech segment attracted $1.4 Bn funding, compared to $1.8 Bn raised by edtech startups across 303 deals between 2014 and 2019 combined. Of the total funding raised in 2020, online test preparation startups like BYJU’S, Unacademy, Embibe, etc, grabbed 79% followed by 8.4% for online certification startups such as upGrad, Vedantu and others, as per data recorded by Inc42 Plus.
TS Darbari further adds that besides the surge in funding, the year also witnessed a slew of mergers and acquisitions (M&As), led by edtech majors like BYJU’S and Unacademy. For instance, Unacademy acquired six startups, including CodeChef, PrepLadder, Mastree, Kreatryx, Coursavy and NeoStencil. Also, edtech unicorn BYJU’S acquired immersive learning startup LabInApp, alongside acquiring kids coding platform WhiteHat Jr for a whopping $300 Mn.
TS Darbari also mentions that as the Indian edtech market is poised to touch $10.2 Bn in the next five years. According to Inc42 Plus, K-12 learning solution is expected to account for 41% of the total edtech market size by 2025, where the K-12 learning solution is estimated to see a surge of 3.7x in the projected years, with coding and other STEM-related skills driving user adoption.
TS Darbari further says that leaving no stone unturned, both new and existing edtech startups are coming up with unique business models and product offerings, alongside driving the engagement of users through gamification and interactive applications and products.
TS Darbari mentions the following top 10 edtech startups that made it to the fifth edition of Startup Watchlist 2021:
1. BYJU’S
Byju’s has become the household name for Education online. It is the common name of the company Think and Learn Private Ltd. Started as a coaching class, Byju’s has grown into one of the top EdTech companies in the world. This EdTech startup was founded by Byju Raveendran and his wife Divya Gokulnath in Bangalore. They have also collaborated with companies like Disney to make learning truly fun.
2. Brainly
Brainly is the knowledge-sharing community where 200 million students and experts come together to solve questions. The company was founded in 2009 in Poland by Michał Borkowski. Brainly is currently available in 35 countries.
3. Classplus
Initially launched as Xprep in 2015, Classplus has seen over 25,000 subscribers. Classplus is an Edtech startup that focuses on building the complete institute management system. Since Indian education is highly dependent on coaching classes, Classplus works on helping those institutes. With features like smart attendance, insightful student reports, online video selling, fees records, online tests and more the app makes running a coaching institute easier.
4. CollegeDunia
This college search engine helps students find the right colleges for themselves. The platform was founded in 2014. It collates information about higher education in India or abroad. CollegeDunia focuses on helping students get enough information about a tech backed They feature.
5. CueMath
Cuemath is an ed-tech company which was founded in 2013 as an after-school math enrichment program. Cuemath is one of the Edtech startups in India that focuses on gamified learning and has revolutionized the way math is perceived by both teachers and students. It has a ‘learn-by-doing’ approach. It also aims to promote ‘out of the box’ thinking and love for math among school children.
6. Culturealley — Hello English
Culture alley is one of the EdTech startups that focuses on teaching multiple languages. It improves the experience of learning a language. It clearly allows you to learn a language for free through their audio-visual lessons or you can hire a teacher.
7. Dost Education
Dost education is a non-profit EduTech platform. It enables low-income parents to be able to give their children a healthy early development. This EduTech startup in India uses technology to help parents teach their children.
8. Doubtnut
Doubtnut is one of Edtech startups in India that makes it easier to learn a language. This online multilingual learning app makes use of cutting-edge technology to solve students queries. It was founded in 2016 by Tanushree Gupta and Aditya Shankar at Haryana, India. All you have to do is click is a photo of your query, and Doubtnut will present a video solution within seconds.
9. Edukart
Edukart, an Edtech startup in India, is an online platform aimed at providing higher education to learners. You can get an online degree, diploma or a certification from top institutions across the world. It was started in 2011 by Ishan and Mayank Gupta.
10. Ekeeda
Ekeeda is considered as a top EdTech Startups in India. Their aim is to provide world-class technical education to students anytime and anywhere. Ekeeda was started by Prof. Mahesh Wagh in 2009 at Mumbai. Mahesh started Ekeeda while he was still an engineering IT student.
Who is TS Darbari?
TS Darbari is a top management professional, with several years of rich & diversified experience in Corporate Strategy, New Business Development, Sales & Marketing, Commercial Operations, Project Management, Financial Management and Strategic Alliances.
More About TS Darbari-
Who is TS Darbari?
TS Darbari is a top management professional, with several years of rich & diversified experience in Corporate Strategy, New Business Development, Sales & Marketing, Commercial Operations, Project Management, Financial Management and Strategic Alliances.
Who is TS Darbari?
TS Darbari is a top management professional, with several years of rich & diversified experience in Corporate Strategy, New Business Development, Sales & Marketing, Commercial Operations, Project Management, Financial Management and Strategic Alliances.
