EdTech Companies in India 2025 — Top Platforms, Profitable Players & Future Outlook

Introduction: The Rise of EdTech Companies in India

The digital revolution in India has led to a striking surge of edtech companies in India, from struggling startups to billion-dollar unicorn companies. As the usage of smartphones has increased, along with cheaper internet and high demand for quality education, these platforms have redesigned how Indians learn.

In this post, we will dive into the top edtech companies in India, analyze the profile of the best edtech companies in India 2025, examine the strategies of the most profitable edtech companies in India, and unravel the future of edtech in India.

 Landscape and Growth: Understanding the Edtech Boom

The explosive growth of the Edtech industry in India

When talking about 2024, Edtech companies in India solely raised over $4.5 billion in funding, doubling year on year. The most profitable edtech companies have primarily focused on increasing demand for online coaching and hence, have gathered a large pool of audience.

Apart from increasing customers, there have been multiple initiatives by the governement such as Digital India, Skill India and startup India that have create a supportive ecosystem for Indian edtech companies in India to thrive.

Adding ot it has been the accessebility of internet and lowered data prices by companies like Jio and Airel. Internet users in India have crossed a mark of 800 million, providing a very large pool addressable market for edtech platforms.

Some more key drivers behind the edtech boom

Apart from the above-discussed parameters, the cheaper price of 4G/5G mobile phones and data plans has made online learning more accessible in tier 2 and tier 3 cities. There have been companies like Physicswallah and Vedantu, which have targeted these cities and have produced excellent results.

Edtech companies in India are reshaping the conventional methods of learning through e-books, digital courses, and interactive live sessions, which have broken the barriers related to personal learning.

One of the key factors behind the boom of edtech companies in India has been the arrival of the COVID-19 pandemic. Due to the lockdown, most of the traditional coaching companies have switched to digital learning overnight. And thus, in these consecutive years, global investors have poured capital into edtech companies in India, betting on the long-term growth.

The top edtech companies in India in 2025: Leaders in learning

Below is the list of top edtech companies in India in 2025 that have made education accessible and affordable to every corner of the country, penetrating the geographical boundaries.

Company	Year Founded	Latest Valuation	Users(Paid/Free)	IPO Prospects
Unacademy	2015	$3.4B	50 M+ learners	TBD
Vedantu	2014	$1B	5 M+ live sessions	TBD
upGrad	2015	$1.2B	2 M+ learners	2026 Target
Simplilearn	2010	Acquired by BX	2 M+ certifications	N/A
Eruditus	2014	$900M	500 K+ enrollments	TBD
UnfoldLabs	2017	$200M	200 K+ subscribers	TBD
TeachMint	2020	$1B	10 M+ teachers	TBD
Great Learning	2013	$600M	700 K+ learners	TBD
PhysicsWallah	2020	$2.8 B	10M+ learners	TBD

Profiling of the leading edtech companies in India

Below, we have curated the profiles of the leading edtech companies in India with founder backstories, core offerings, and profitable insights.

Unacademy

• Founder Story– Unacademy was started as a YouTube channel by Gaurav Munjal in 2010 to share educational videos. Things took a turn when he collaborated with Roman Saini and Hemesh Singh, they transformed it into a full-fledged platform in 2015.
• Core Offerings– Live classes, video lectures, and test series for various competitive exams, including UPSC, SSC, IIT-JEE, and NEET, delivered by top educators.
• Unique selling point– Unacademy offers a vast network of educators providing high-quality educational content, fostering a community-driven learning environment.
• Founder Tip– Focus on building a strong educator community and continuously adapting to the evolving needs of learners.
• IPO Prospects– Unacademy has expressed intentions to go public, with founders taking pay cuts and implementing cost-saving measures to achieve profitability ahead of a potential IPO.

Vedantu

• Founder Story- Vedantu was founded in 2014 by Vamsi Krishna, Pulkit Jain, and Anand Prakash, who initially ran a live online tutoring company. Their main aim was to make educational content accessible through online live classes.
• Core Offerings– Vedantu mainly offers live online classes for students from 6 to 12 grade, covering school curricula and competitive exams like JEE and NEET.
• Unique Selling Point– The platform emphasizes interactive live sessions, real-time doubt solving, and personalized learning experiences.
• Founder Tip- Vamsi underscores the need for continuous innovation and adapting to student feedback to enhance learning outcomes.
• IPO Prospects- Vedantu is preparing for a $150–$200 million IPO between late 2025 and 2027, contingent on reaching profitability and achieving a revenue threshold of ₹500 crore.

upGrad

• Founder- UpGrad was co-founded in 2015 by Ronnie Scrvewala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh. Ronnie Screwala, being a prominent philanthropist and an entrepreneur, visualised upGrad as a platform to connect working professionals and world-class higher education.
• Core Offerings– UpGrad mainly focuses on providing online programs for higher education, including degrees, diplomas, and certifications in fields like data science, technology, management, and law, often in collaboration with top universities.
• Unique Selling Point– This platform mainly focuses on industry-centered curriculum, mentorship, and career support to working professionals who are managing their career advancements and job simultaneously.
• Founder Tip– Ronnie Screwvala focuses mainly on the importance of lifelong learning and adapting to changing industry trends, motivating working professionals to upskill and stay competitive.
• IPO Prospects– As of 2025, upGrad has not announced its IPO plans publicly. However, as per its growth trajectory and market position, we can expect potential public listing considerations in the future.

Simplilearn

• Founder story– Simplilearn was founded by Krishna Kumar in 2010 for blog sharing projects and management tips. Identifying the demand for professional certification, he changed it into a global platform offering online courses across various domains.
• Core offerings– This platform provides online training in various areas like data science, cloud computing, and digital marketing in partnership with Purdue University and companies like IBM.
• Unique selling point– The platform provides self-paced, online learning programs and is backed up by virtual classrooms offering a mixed learning approach that caters to a diverse pool of learners.
• Founder Tip- Krishna Kumar advises aspiring entrepreneurs to stay persistent and adapt to the market needs, highlighting the importance of understanding customer demands and providing more value.
• IPO Prospects– As per recent reports, Simplilearn is preparing for an IPO in 2026, focusing on achieving profitability and streamlining operations to meet internal goals first.

Eruditus

• Founder story- The main idea behind Ashwin Damera’s starting this company in 2010 was to make Ivy League education available globally. The company partners with top universities to offer executive education.
• Core Offerings– Eruditus provides education that is especially crafted by institutions like MIT, Harvard, and INSEAD, mostly targeting professionals.
• Unique selling points– The platform fills the gap between a traditional university-based education and the evolving needs of flexible learning.
• Founder Tip– Ashwin emphasizes the need to align with the best institutions and focus on quality to build credibility in the edtech industry.
• IPO Prospects– Eruditus has raised $150 million in a series F funding round, eventually reaching a valuation of $3 billion. The company has decided to shift its domicile to India, but there has been no announcement of the IPO timeline.

UnfoldLabs

• Founder story– UnfoldLabs was founded by Asokan Ashok, who is a seasoned technology leader with a vision to create innovative software solutions. He has played a very integral role in developing cutting edge products.
• Core offerings– UnfoldLabs specializes in developing mobile and cloud-based applications that emphasize areas like device management, security, and productivity tools.
• Unique selling points- The Company has been developing highly user-centric products that can cope with real-world challenges.
• Founder Tip– Asokan always advises to keep an eye on the technological trends to stay ahead in the game of innovation.
• IPO Prospects- As of now, there is no news of UnfoldLabs’s plans for IPO.

Teachmint

• Founder story– Teachmint was founded in 2020 by Mihir Gupta, Anshuman Kumar, Divyansh Bordia, and Payoj Jain. The main aim of this company was to empower educators by providing them platform to manage their online teaching programs.
• Core offerings– Teachmint mainly offers a mobile-first, video-based platform that helps teachers to conduct live classes, manage attendance, and sell their digital study materials.
• Unique selling point– Teachmint mainly features user user-friendly interface and collection of tools customized for teachers, adapting to online education.
• Founder Tip– The founders have focused on the needs of educators who are willing to adapt online education methods, thereby enhancing students’ engagement.
• IPO Prospects– As of 2025, Teachmint has not disclosed any plans for IPO or public listings. For now company is focusing completely on increasing the user base.

Great Learning

• Founder Story– Great Learning was founded by Mohan Lakhamraju, Arjun Nair, and Hari Krishnan Nair in 2013. The company aimed to bridge the gap by providing high-quality industry-level education to professionals.
• Core offerings– The platform mainly provides online education programs in the area of data science, machine learning, AI and data management in partnership with the top universities in the world.
• Unique selling point– Great Learning mainly focuses on applied learning methods, enabling learners to acquire skills that are industry ready.
• Founder Tip– Mohan Lakhamraju highlights the importance of staying committed to quality education and continuously evolving to meet the changing needs of learners and industries.
• IPO Prospects– After being acquired by BYJU’S in 2021, Great Learning has maintained operational independence. As of early 2025, the company is focusing on organic growth and has indicated the possibility of an IPO in the future.

PhysicsWallah

• Founder Story– Alakh Pandey from Prayagraj, Uttar Pradesh had been uploading Physics videos on Youtube in 2016. His simple and engaging teaching style and vision to provide affordable education quickly, gathered a massive following. On observing the increasing traffic Alakh Pandey decided to launch the platform PhysicsWallah with Prateek Maheshwari in 2020.
• Core Offerings– PhysicsWallah mainly offers educational coursed ranging from class 6th to post graduation levels. Also they have curated courses for various competitive exams like IIT-JEE, NEET, UPSC, Banking and much more. PhysicsWallah have also expanded in the fields of skill development like UX/UI designing, full stack development and much more.
• Unique selling point- The main USP of the company is to provide affordable and quality education to every corner of the country. Their freemium model comes with free Youtube videos and highly affordable paid courses which ensures that quality education is accessible to all, regardless of the economic background.
• Founder tip– Alakh Pandey is one of the best examples of persistence marketing, he also ensured that the needs of the students are addressed by affordable and adaptable teaching quality.
• IPO Prospects– As of early 2025, PhysicsWallah has planned for going public. The company has filed for public listing aiming to raise $400to $500 million. The IPO is expected to be a mix of fresh equity issuance and an offer for sale by existing shareholders. Leading investment banks like Axis Capital, Kotak Mahindra Capital, Goldman Sachs, and JP Morgan have been engaged to manage the offering.

Most profitable Edtech Companies in India

 Though we have listed down the top edtech companies in India, we would like to segregate them on the basis of profitability in the financial year of 2025. Let’s spotlight the most profitable edtech companies in India, based on recent earnings and business model strength.

Rank	Company	Revenue in INR Cr	Net Profit/Loss	EBITDA in Cr	Notes
1	Great Learning	₹992	Not Disclosed	Positive	Achieved profitability with 23% YoY growth.
2	Simplilearn	₹773	Not disclosed	-₹51	Reduced EBITDA loss by 75%; aiming for EBITDA profitability in FY25.
3	upGrad	₹1,547	-₹560	-₹202	Revenue grew by 30%; PAT loss reduced by 50% YoY.
4	Teachmint	₹49.8	-₹110.1	Not disclosed	Revenue more than doubled; losses reduced by 37%.
5	PhysicsWallah	₹2,015	-₹1,131	₹67 (Adjusted)	Revenue grew 2.6x; losses include significant non-cash expenses.

Key Insights

• Great Learning emerged as the most profitable among the listed companies, achieving positive net profit of and EBITDA in FY24.
• Simplilearn has now made changes to track its progress and move towards profitability in 2025.
• upGrad has gone through substantial growth with a notable reduction in net lossess.
• Teachmint more than doubled its revenue while cutting losses, indicating a positive trajectory.
• PhysicsWallah generated a significant amount of revenue, but it was impacted by substantial non-cash expenses.

Why did some Edtech companies fail in India?

Despite the erupting landscape, some edtech companies in India have failed after witnessing significant growth in past. Following could be the possible reasons for that:-

• Conventional Products– Generic course catalogs without targeted curricula.
• High Burn rates– Unsustainable marketing spend chasing growth.
• User Churn– Lack of continuous engagement loops leads to high drop‑off.

Why did BYJU’s fail in India?

Once titled as the best edtech company in India, BYJU’s was the flagship of the growth of edtech industry in India, which reached a valuation of $22 billion at its peak and then eventually went to $0. Following are the factors that led to the downfall of one of the best edtech companies in India:-

• Over expansions and Burn Rates– BYJU’s grew rapidly with the help of heavy spending and enormous expansion becoming the most valued edtech company in India, but failed to control the operations and excessive cash flow.
• Revenue vs Ethics Conflict– BYJU’s faced heavy criticism for aggressive sales practices, delayed financial reporting and loss of trust by the Indian edtech platform ecosystem.
• Massive Financial Losses– The company faced a staggering loss of ₹8,245 crore loss in FY22, leading to increased layoffs and investor concerns.
• Market Reflection– Its downfall prompted reflection on why edtech companies are failing in India, highlighting flaws in hyper-growth models without sustainable revenue.
• Future Outlook– The collapse shifted focus for Indian edtech companies from scale to sustainability, prompting a new wave of lean, efficient, and trustworthy edtech companies in India 2025.

What is the future of India in Edtech and beyond?

The future of edtech in India is not about aggressive expansion now, its more about sustainable innovation. As this sector expands, both startups and established edtech companies in India are moving towards outcome based models.

Key Drivers of the Future

• Rise of the hybrid models– The top edtech companies in India are using a combination of online support and physical infrastructure. This combination will redefine what it means to be the best edtech company in India in 2025.
• Tier 2 & 3 market– With improved internet penetration, Indian edtech companies are focusing on regional content, vernacular languages, and mobile-first solutions—unlocking new market segments.
• AI and Data driven personalization– Smart algorithms and learning analytics will enable top edtech companies in India to offer customized education at scale, improving engagement and outcomes.
• Regulatory Framework & NEP 2020– Government-led policies like the New Education Policy and digital initiatives (PM eVidya) support innovation, providing structure to all edtech companies in India while ensuring quality and compliance.
• Demand for upskilling– With increasing unemployment and automation, the need for upskilling will sustain growth of the edtech industry in India, especially in job-linked learning modules.

Global Comparison: Indian vs. World’s Leading Edtech Players

Rank	Company	Country	Revenue(FY 2024)	Valuation(2024)	Profitability Status	Key Highlights
1	Duolingo	USA	$717.5M–$729.5M	$15B	Profitable	113M MAUs; 8.6M paid users; AI-driven growth; stock up 60% in 2024.
2	Coursera	USA	$635.8M	~$2.5B	Near break-even	168M users; AI-focused courses; strong institutional partnerships.
3	Udemy	USA	$720M+	~$1.2B	Not profitable	57M users; 202K courses; global B2B expansion.
4	PhyscisWallah	India	₹1,940 Cr (~$233M)	$2.8B	Profitable	180+ offline centers; $210M Series B; IPO planned for 2025.
5	upGrad	India	₹1,547 Cr (~$186M)	~$2.25B	Loss-making (reduced)	30% YoY growth; losses halved; expanding degree programs.
6	Simplilearn	India	₹773 Cr (~$93M)	₹4,147 Cr (~$500M)	Near break-even	Blackstone-backed; EBITDA loss reduced by 75%; strong enterprise focus.
7	GreatLearning	India	₹992 Cr (~$118M)	Not disclosed	Profitable	23% YoY growth; positive EBITDA; strong in upskilling and degrees.
8	Teachmint	India	₹49.8 Cr (~$6M)	Not disclosed	Loss-making	Revenue doubled; losses reduced by 37%; focuses on SaaS for educators.
9	BYJU’s	India	Not disclosed	Insolvent	Insolvent	Valuation dropped from $22B to zero; facing insolvency proceedings.

5 Actionable Growth Tactics for New EdTech Founders in India (2025)

Identify a Profitable Niche with Scalable Demand

As a founder you need to focus on underserved gaps within K-12, test prep or vocational upscaling. Begin by analyzing the best edtech companies in India and their core service/ products. Position yourself as the best edtech company in India by solving problems based on local language. This process can be made efficient by using tools like Google Trends and research tools like Ubersuggest.

Build a value driven freemium model

Offer a layered pricing structure with generous free value like doubt solving forum and love classes. Analyze how do edtech companies work like PhysicsWallah and Unacademy and how their free offerings built their user base. Use your freemium model to drive trust and convert your audience to exclusive customers.

Invest in Mobile-First and AI-powered platforms

90% of the Indian population uses edtech platforms on smart phones, hence as a founder you shall prioritize UX/UI and bandwidth optimization. Integrate AI for adaptive learning and increased personalization, a rising trend in top edtech companies in the world. The usage of AI will enhance the automation process and help in cost cutting which is essential to become one of the top edtech companies in India.

Prioritize SEO and Content-Led Growth

If you are having a new startup, then focus on building content around keywords like edtech companies in India, why are edtech companies failing in India and future of edtech in India. Launch Google Web Stories and leverage Google Discover to boost organic traffic and branding. Create comparison content such as “Top EdTech Companies Listed in India” to capture high-intent queries.

Monetize Through Multiple Channels Beyond Courses

Apart from selling courses, diversify your business into B2B SaaS, test prep kits, certification programs and affiliate offerings. Analyze how Indian edtech companies like Simplilearn offer enterprise training and achieve near break-even. Stay IPO-ready by studying the IPO prospects of edtech companies in India, including upGrad and PhysicsWallah.

Frequently Asked Questions (FAQs) – EdTech Companies in India (2025 Edition)

What are EdTech companies and how do they work in India in 2025?

EdTech companies in India deliver educational solutions via digital platforms such as mobile apps, websites, and AI-enabled tools. In 2025, they operate across K–12, competitive exams, professional upskilling, and enterprise training. These companies leverage personalized learning algorithms, vernacular content, and interactive formats to improve student outcomes.

Which are the top EdTech companies in India in 2025?

Based on valuation and revenue for FY 2025, the top edtech companies in India include:

• BYJU’S (₹23,000 Cr valuation, despite financial restructuring)
• PhysicsWallah (₹9,000 Cr, profitable and bootstrapped)
• upGrad (₹13,500 Cr, aggressive global expansion)
• Unacademy, Simplilearn, and Great Learning round out the top tier.

What is the future of EdTech in India beyond 2025?

The future of edtech in India is shifting toward hybrid models, microlearning, and employability-focused outcomes. Growth is being driven by:

• National Education Policy (NEP) 2020 implementation
• Skill-based certifications and job-linked learning
• Regional and vernacular content growth
• Corporate L&D demand

Why are some EdTech companies failing in India?

In 2025, failures in edtech companies in India sector are largely due to:

• Unsustainable sales models and high cash burn
• Poor student retention and low product differentiation
• Unrealistic valuations during the 2020–2022 funding surge
• Lack of offline-hybrid integration

Which EdTech companies are listed in India in 2025?

Currently, Veranda Learning Solutions and CL Educate are among the few edtech companies in India. IPO plans by BYJU’S, upGrad, and PhysicsWallah are delayed due to financial audits, restructuring, or unfavorable market conditions.

Are EdTech companies profitable in India in 2025?

While most major players still operate on thin margins, profitable edtech companies in India 2025 include:

• PhysicsWallah – consistently profitable
• Simplilearn – breakeven in global markets
• Great Learning – steady B2B revenue via enterprise training

How big is the Indian EdTech market in 2025?

The growth of edtech industry in India has slowed compared to the pandemic era but remains strong. As per industry estimates:

• Market size: $10.4 billion
• Growth rate: ~14.5% YoY
• Active learners: Over 150 million
• Key sectors: K–12, test prep, coding, upskilling, corporate L&D

Conclusion

The landscape of edtech companies in India is more vibrant than ever. From BYJU’S’ $22 billion valuation to Teachmint’s teacher‑first approach, these top edtech companies in India offer lessons in scaling, profitability, and innovation.