Company lists
The India edition · 2026

EdTechcompanies in India

K-12, test prep, higher education, upskilling, school software and more: the companies building edtech in India, with their founders, funding, team size and business models.

9,980 company profiles2,054 with reported revenue629 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent edtech business events in India

Funding, M&A, contract wins and launches involving 13,426 edtech companies in India, last 24 months: 50 funding rounds · 29 M&A deals · 4 Contracts · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Upgrad acquires Unacademy

Edtech major upGrad is set to acquire Bengaluru-based Unacademy in an all-stock transaction valued at approximately Rs 2,055 crore ($218 million).

Edtech
M&AAcquisition · Announced

Physics wallah acquires Sarrthi IAS

Physics Wallah (PW) has acquired a 40% stake in Sarrthi IAS, expanding its presence in the civil services examination preparation segment. The deal reportedly values Sarrthi IAS at…

UPSC coaching
M&AAcquisition · Completed

Emversity acquires Lanstitut Technologies

Emversity, a platform that focuses on skills training and hiring, has acquired Kerala-based healthcare startup Lanstitut Technologies for around $4.25 million through a mix of cash and…

Healthcare
LaunchMU Ventures

Masters’ Union

Masters’ Union, a business and technology school based in Gurugram, has launched a Rs 100 crore early-stage investment platform called MU Ventures.

Early-stage investment platform
LaunchFull-duplex conversational AI model in Hindi

Josh talks

Josh Talks unveiled a groundbreaking full-duplex conversational AI for Hindi, allowing simultaneous listening and speaking, mimicking natural human dialogue.

Conversational AI
M&AAcquisition · Announced

Upgrad acquires Unacademy

Edtech unicorn upGrad has signed a definitive term sheet to acquire its rival Unacademy in an all-stock transaction.

Edtech
FundingEquity raise

Newron

Newron ended FY25 with gross cash and cash equivalents of €28.9m, which was bolstered post‑period with the €38m equity raise (€15m received to date and a further €11m committed by…

Biopharmaceutical
Funding

Arivihan

Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma, and Arivihan.

Investors Prosus
FundingSeed

Nprep

Nursing exam preparation startup Nprep raised $1.5 million in a Seed round.

Nursing exam preparation startup
ContractGovernment

Infinity infoway · client: Knowledge Consortium of Gujarat

Infinity Infoway Limited has secured a government contract worth approximately Rs 10.97 crore from Knowledge Consortium of Gujarat under the Education Department, Government of Gujarat.

Technology
Funding

Emversity

Beyond Odds Technologies, parent of skill-based training and higher-education platform Emversity, has closed a $30-million (about Rs 271 crore) funding round led by Premji…

Edtech
M&AAcquisition · Completed

Cactus acquires Baker Hughes Company’s Surface Pressure Control business

Cactus, Inc. today announced the completion of the acquisition of a majority interest in Baker Hughes Company’s Surface Pressure Control business.

Oil & Gas Services
M&AAcquisition · Completed

Embibe acquires eDreams Edusoft

Bangalore based Edu Startup Embibe, a subsidiary of Reliance Industries Limited (“RIL” ) has acquired more than 90 % in eDreams Edusoft Private Limited (Funtoot) Funtootfor over 70 crores.

Ed-tech
FundingSeries B

Virohan

Mynavi Corporation is leading the ongoing Series B funding round for healthcare edtech startup Virohan, which has raised Rs 65 crore ($7.5 million).

Investors Mynavi, Blume ventures, Bharat Inclusive Technologies Seed Fund, Rebright partners
Healthcare Education Technology
M&AAcquisition · Announced

Physicswallah acquires Xylem learning

PhysicsWallah has approved the acquisition of an additional 12.29% stake in its subsidiary Xylem Learning, raising its total shareholding to 77.27%, according to a regulatory filing made…

Education
FundingPre-Series B

Uolo

Indian education technology company Uolo has secured $7 million (approximately ₹63 crore) in a pre-Series B funding round, signalling sustained investor interest in edtech despite…

Education Technology
FundingPre-seed

Frex

Fintech startup Frex has raised INR 9.5 crore in a pre-seed round co-led by Zeropearl VC and White Venture Capital.

Investors Zeropearl VC, White venture capital
Peer-to-peer international payments / Fintech
ContractService

Infinity infoway · client: The Education Committee of Shri Maheshwari Samaj

Infinity Infoway Ltd, engaged in customized, cloud-based Enterprise Resource Planning (ERP) solutions for industries like education, manufacturing, retail, and construction, has signed…

Education
FundingSeries A

Codeyoung

Codeyoung, a learning platform for kids (K–12), has raised $5 million in a Series A funding round co-led by 12 Flags Group and Enzia Ventures.

Education
M&AAcquisition · Announced

Manipal Education and Medical Group acquires Byju's

Separately, Pai's Manipal Education and Medical Group on Thursday submitted a bid to acquire Byju's, its second such attempt to acquire the bankrupt edtech through an insolvency process.

Edtech
FundingConvertible note

Vedantu

Edtech startup Vedantu said on Friday it has raised $11 million through convertible notes in a round led by ABC World Asia, a Temasek-backed impact investing fund, along with other…

Edtech
M&AMerger · Announced

Catx acquires Cactus

CatX, the digital catastrophe and parametric risk exchange company, has merged with fellow Bermuda-based risk software company Cactus and launched the Cactus Risk Studio to enable…

Insurance technology
Funding

Vaave

Hyderabad-based startup Vaave has secured ₹6.6 crore in its first major external funding round.

Investors Aditya Vuchi, Raj Narayanam (RAN Ventures, Founder & Executive Chairman of Zaggle)
SaaS
Contract

Byju’s · client: Bcci

Byju’s reportedly paid the BCCI US$55 million for one cycle, before financial problems led to the company not renewing its deal.

Education Technology
FundingSeries D

Miko

Miko, the Mumbai-based pioneer in child companion robots, is set to take a giant leap forward with its upcoming Series D funding round worth $155 million (about ₹1,325 crore).

Investors AMDG-PAX Foundation
Child companion robotics, robotics, AI
FundingExternal Commercial Borrowing (ECB) loan

Avanse financial services

Mumbai, August 22, 2025: Avanse Financial Services Limited (“Avanse”), a leading education-focused non-banking financial company (NBFC) in India, has successfully secured a…

Investors Dbs bank, Hsbc india
Education financing
M&AAcquisition · Completed

Byju's acquires Vidyarth

Byju's had acquired Math Adventures, TutorVista and Vidyarth.

Ed-tech

EdTech companies in India, by revenue

Browse edtech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 2,054 edtech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Developer of educational games for tablets using physical game pieces

K-12 edtech
₹5,298.43 crFY 2021-22
+118%2021–2022
43,944+34% 12 mo to Dec 2021recorded Dec 2021
15 yr2011
0none in 3 months

Provider of engaging educational application

K-12 edtech
₹5,299.86 crFY 2024-25
-34%2024–2025
2,564+13% 12 mo to May 2024recorded May 2024
10 yr2016
0none in 3 months

Provider of live and recorded classes for academic and test preparation

Test preparation tech
₹3,039.09 crFY 2024-25
+51%2024–2025
34,464+17% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
2postings · last posted Aug 2026

Educational platform offering online tutions for students

K-12 edtech
₹2,363.66 crFY 2022-23
Not reported
9+47% 12 mo to Aug 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Digital education solutions for schools and students

Academic tutoring
₹1,809.80 crFY 2024-25
+3%2024–2025
413LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Online learning course for travel agents & tour operators

Online travel
₹1,799.31 crFY 2024-25
+27%2024–2025
8-25% vs previous recordLinkedIn · Jul 2026
9 yr2017
0none in 3 months

Higher education and upskilling platform

Continued learning
₹1,649.99 crFY 2024-25
+7%2024–2025
6,181+38% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
58postings · last posted Sep 2026

Provider of college discovery solutions

Higher education tech
₹1,194.49 crFY 2022-23
Not reported
336+23% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

E-learning platform for healthcare professionals

Continued learning
₹1,176.80 crFY 2024-25
+26%2024–2025
—Not available
11 yr2015
0none in 3 months

Online marketplace offering digital skill development courses for professionals

Continued learning
₹936.27 crFY 2022-23
Not reported
259+11% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
—No postings tracked

Provider of science communications and technology solutions

Tech for digital publishers
₹824.67 crFY 2024-25
+7%2024–2025
2,804-28% 12 mo to Jul 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of financial products focused on education loans and related services

Higher education tech
₹543.64 crFY 2024-25
+48%2024–2025
547+24% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
5postings · last posted Aug 2026

Online learning platform that offers a range of professional courses and certifications

Higher education tech
₹512.14 crFY 2024-25
+2%2024–2025
1,040+22% 12 mo to Mar 2024LinkedIn · Jul 2026
16 yr2010
4postings · last posted Aug 2026

Provider of online training and certification courses

Continued learning
₹437.57 crFY 2024-25
+0%2024–2025
1,239-9% 12 mo to Sep 2024recorded Sep 2024
25 yr2001
0none in 3 months

Provider of AI-powered robots designed as companions for children’s learning

K-12 edtech
₹367.12 crFY 2023-24
+61%2023–2024
484-1% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of integrated learning system consisting of curriculum, pedagogy, and technology

K-12 edtech
₹367.41 crFY 2024-25
-1%2024–2025
1,129-4% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
1postings · last posted Aug 2026

Provider of digital learning solutions for K–12 education

K-12 edtech
₹318.13 crFY 2023-24
-6%2023–2024
650LinkedIn · Jul 2026
15 yr2011
2postings · last posted Jul 2026

Ed-Tech solutions and services provider

K-12 edtech
₹308.95 crFY 2024-25
-44%2024–2025
2,093-4% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
1postings · last posted Sep 2026

Kids Tablet | Best Tablet for Kids | Children's Educational Tablet for 0-4 Years old

Pre-k edtech
₹293.93 crFY 2024-25
+22%2024–2025
4,911+44% 12 mo to Sep 2022recorded Sep 2022
10 yr2016
0none in 3 months

Provider of online program management services for universities and educational institutions

Continued learning
₹261.12 crFY 2024-25
+62%2024–2025
969-22% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
2postings · last posted Aug 2026

Edtech platform that partners with top universities and institutes to offer online courses

Continued learning
₹254.02 crFY 2024-25
+25%2024–2025
1,453-99% vs previous recordLinkedIn · Jul 2026
17 yr2009
6postings · last posted Aug 2026

Test preparation app

Test preparation tech
₹240.20 crFY 2024-25
-1%2024–2025
37+0% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of live interactive K–12 tutoring platform

K-12 edtech
₹233.64 crFY 2024-25
+17%2024–2025
5,599+38% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
10postings · last posted Sep 2026

Provider of guidance and resources for higher education options

Higher education tech
₹227.69 crFY 2024-25
+3%2024–2025
21-32% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
14postings · last posted Sep 2026

Mobile-based platform providing books for students

Higher education tech
₹224.97 crFY 2024-25
+6%2024–2025
180+2% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months
50 of 9,980 companies shown here · the full list is on Radar
Fliar Radar

Explore all 9,980 edtech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open edtech in India on Radar
  • Every company, not just 50All 9,980 edtech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore edtech companies in India by what you are looking for

Browse top edtech companies in India, from K-12 learning apps to test preparation and higher education platforms. Find edtech startups in India and edtech companies that are hiring.

9 ways to explore edtech in India

K-12 & school learning companiesTest preparation & exam coaching platformsHigher education & college platformsOnline courses & professional upskillingSchool management software & ERPCoding, language & hobby learning

K-12 & school learning companies

Learning apps, tutoring and school software for children and schools.

  1. BYJU’S

    Developer of educational games for tablets using physical game pieces

    K-12 edtech
    See in list
  2. VOOT Kids

    Provider of engaging educational application

    K-12 edtech
    See in list
  3. Physics Wallah

    Provider of live and recorded classes for academic and test preparation

    Test preparation tech
    See in list
  4. ALLEN IntelliBrain

    Educational platform offering online tutions for students

    K-12 edtech
    See in list
  5. NAVNEET TOPTECH

    Digital education solutions for schools and students

    Academic tutoring
    See in list

Test preparation & exam coaching platforms

Online platforms for competitive exams, mock tests and entrance coaching.

  1. Physics Wallah

    Provider of live and recorded classes for academic and test preparation

    Test preparation tech
    See in list
  2. Bankers Adda

    Test preparation app

    Test preparation tech
    See in list
  3. Utkarsh Classes

    Provider of online test preparation platform

    Test preparation tech
    See in list
  4. BYJU'S Exam Prep

    Mobile based platform providing government exam preparation solutions

    Test preparation tech
    See in list
  5. Rojgar With Ankit

    Provider of online courses and mock tests for government job exams

    Test preparation tech
    Website

Higher education & college platforms

College discovery, admissions and degree platforms for students.

  1. upGrad Abroad

    Provider of college discovery solutions

    Higher education tech
    See in list
  2. CollegeDekho

    Provider of guidance and resources for higher education options

    Higher education tech
    See in list
  3. Crizac

    Student recruitment platform offering international student recruitment services

    Higher education tech
    See in list
  4. Collegedunia

    Search engine for students seeking information for higher studies

    Higher education tech
    See in list
  5. TC Global

    App-based platform offering admission support solutions

    Higher education tech
    Website

Online courses & professional upskilling

Online courses and certifications for working professionals and lifelong learners.

  1. TBO

    Online learning course for travel agents & tour operators

    Online travel
    See in list
  2. UpGrad

    Higher education and upskilling platform

    Continued learning
    See in list
  3. e-Skill India

    Online marketplace offering digital skill development courses for professionals

    Continued learning
    See in list
  4. UNext Learning

    Online learning platform that offers a range of professional courses and certifications

    Higher education tech
    See in list
  5. Xebia Academy

    Provider of online training and certification courses

    Continued learning
    See in list

School management software & ERP

Software for school administration, fees and learning management.

  1. Elite SIS

    Cloud based management solutions for schools and institutions

    Enterprise resource planning
    Website
  2. Next Education

    Provider of end-to-end SaaS-based K-12 education solutions

    K-12 edtech
    See in list
  3. Toddle

    AI-powered management solutions for educational institutions

    K-12 edtech
    See in list
  4. TeamLease Edtech

    Provider of employability solutions and educational technology for higher education

    Enterprise resource planning
    Website
  5. Paptronics

    Educational technology company for teachers and coaching institutes

    Enterprise resource planning
    Website

Coding, language & hobby learning

Platforms teaching coding, languages, music and robotics.

  1. STEM Robo

    Developer of STEM and robotics DIY kits

    Consumer robotics
    Website
  2. Krack

    Online tutoring platform offering music courses

    Music tech
    Website
  3. Robokidz

    Robotics education provider for children

    K-12 edtech
    Website
  4. Living Thoughts

    Provider of robotics kits for students

    K-12 edtech
    Website
  5. Avishkaar

    Provider of robotics, AI, and coding educational kits and courses

    K-12 edtech
    Website

EdTech startups in India

Newer edtech companies founded in recent years.

  1. upGrad Abroad

    Provider of college discovery solutions

    Higher education tech
    See in list
  2. Univo Education

    Provider of online program management services for universities and educational institutions

    Continued learning
    See in list
  3. Cerebellum Academy

    Institution providing coaching services for PG medical entrance examinations

    Test preparation tech
    Website
  4. Fly Finance

    Financial services platform for students

    Alternative lending
    Website
  5. GrowthSchool

    Online platform offering skill-based learning and career development programs

    Continued learning
    Website
1699 companies in India

EdTech companies hiring in India

Edtech companies currently hiring.

  1. Physics Wallah

    Provider of live and recorded classes for academic and test preparation

    Test preparation tech
    See in list
  2. UpGrad

    Higher education and upskilling platform

    Continued learning
    See in list
  3. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  4. UNext Learning

    Online learning platform that offers a range of professional courses and certifications

    Higher education tech
    See in list
  5. LEAD School

    Provider of integrated learning system consisting of curriculum, pedagogy, and technology

    K-12 edtech
    See in list
58 companies in India

Listed edtech companies in India

Publicly listed edtech companies.

  1. Physics Wallah

    Provider of live and recorded classes for academic and test preparation

    Test preparation tech
    See in list
  2. Educomp

    Education Solutions for Schools

    K-12 edtech
    Website
  3. Jaro Education

    Edtech platform that partners with top universities and institutes to offer online courses

    Continued learning
    See in list
  4. Excelsoft

    Provider of AI-powered learning and assessment technology

    K-12 edtech
    See in list
  5. Crizac

    Student recruitment platform offering international student recruitment services

    Higher education tech
    See in list
17 companies in India
Mobile reach

Top 10 edtech apps from India

The most-installed Android apps published by edtech companies headquartered in India — 499.7M installs between them. 1,715 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Seekho: Short Learning Videos

by Seekho

Installs173.0M
Rating4.61.3M ratings
Installs, year on year+87%
Last updatedJun 2026
View on Google Play ↗
Seekho: Short Learning Videos screenshot 1Seekho: Short Learning Videos screenshot 2Seekho: Short Learning Videos screenshot 3Seekho: Short Learning Videos screenshot 4Seekho: Short Learning Videos screenshot 5Seekho: Short Learning Videos screenshot 6
2

Tizi Princess Home Design Game

by IDZ Digital

Installs56.4M
Rating4.56107K ratings
Installs, year on year+11%
Last updatedApr 2026
View on Google Play ↗
Tizi Princess Home Design Game screenshot 1Tizi Princess Home Design Game screenshot 2Tizi Princess Home Design Game screenshot 3Tizi Princess Home Design Game screenshot 4Tizi Princess Home Design Game screenshot 5Tizi Princess Home Design Game screenshot 6
3

Testbook: Exam Preparation App

by Testbook

Installs51.7M
Rating3.88863K ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
Testbook: Exam Preparation App screenshot 1Testbook: Exam Preparation App screenshot 2Testbook: Exam Preparation App screenshot 3Testbook: Exam Preparation App screenshot 4Testbook: Exam Preparation App screenshot 5Testbook: Exam Preparation App screenshot 6
4

Vedantu | JEE-NEET, Class 1-12

by Vedantu

Installs50.1M
Rating3.86395K ratings
Installs, year on year+5%
Last updatedJun 2026
View on Google Play ↗
Vedantu | JEE-NEET, Class 1-12 screenshot 1Vedantu | JEE-NEET, Class 1-12 screenshot 2Vedantu | JEE-NEET, Class 1-12 screenshot 3Vedantu | JEE-NEET, Class 1-12 screenshot 4Vedantu | JEE-NEET, Class 1-12 screenshot 5Vedantu | JEE-NEET, Class 1-12 screenshot 6
5

Coloring Games for Kids: Color

by Kidlo

Installs39.1M
Rating4.5729K ratings
Installs, year on year+11%
Last updatedMay 2026
View on Google Play ↗
Coloring Games for Kids: Color screenshot 1Coloring Games for Kids: Color screenshot 2Coloring Games for Kids: Color screenshot 3Coloring Games for Kids: Color screenshot 4Coloring Games for Kids: Color screenshot 5Coloring Games for Kids: Color screenshot 6
6

Adda247: Govt Exam Prep App

by adda 247

Installs32.0M
Rating4.26910K ratings
Installs, year on year+25%
Last updatedMay 2026
View on Google Play ↗
Adda247: Govt Exam Prep App screenshot 1Adda247: Govt Exam Prep App screenshot 2Adda247: Govt Exam Prep App screenshot 3Adda247: Govt Exam Prep App screenshot 4Adda247: Govt Exam Prep App screenshot 5
7

Exam Preparation: Live Classes

by BYJU'S Exam Prep

Installs30.0M
Rating4.11802K ratings
Installs, year on year+4%
Last updatedJun 2024
View on Google Play ↗
Exam Preparation: Live Classes screenshot 1Exam Preparation: Live Classes screenshot 2Exam Preparation: Live Classes screenshot 3Exam Preparation: Live Classes screenshot 4Exam Preparation: Live Classes screenshot 5Exam Preparation: Live Classes screenshot 6
8

SpeakX: English Listening App

by SpeakX

Installs24.3M
Rating4.3790K ratings
Last updatedMay 2026
View on Google Play ↗
SpeakX: English Listening App screenshot 1SpeakX: English Listening App screenshot 2SpeakX: English Listening App screenshot 3SpeakX: English Listening App screenshot 4SpeakX: English Listening App screenshot 5SpeakX: English Listening App screenshot 6
9

Timpy Cooking Games for Kids

by KidloLand

Installs23.0M
Rating4.3819K ratings
Installs, year on year+36%
Last updatedApr 2026
View on Google Play ↗
Timpy Cooking Games for Kids screenshot 1Timpy Cooking Games for Kids screenshot 2Timpy Cooking Games for Kids screenshot 3Timpy Cooking Games for Kids screenshot 4Timpy Cooking Games for Kids screenshot 5Timpy Cooking Games for Kids screenshot 6
10

Teachmint AI Online Teaching

by Teachmint

Installs20.2M
Rating4.12182K ratings
Installs, year on year+9%
Last updatedJun 2026
View on Google Play ↗
Teachmint AI Online Teaching screenshot 1Teachmint AI Online Teaching screenshot 2Teachmint AI Online Teaching screenshot 3Teachmint AI Online Teaching screenshot 4Teachmint AI Online Teaching screenshot 5Teachmint AI Online Teaching screenshot 6
The business behind the activity

EdTech financials in India

Revenue, profit and growth from the filed annual accounts of 1730 edtech companies in India for FY24-25 — 2,350 of the 9,980 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 28% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹24,578.55 cr

1730 companies filing accounts

combined net profit−₹354.85 cr

-1.4% aggregate margin

are profitable48%

833 of 1730 companies

median revenue~₹90 lakh

the typical company

median revenue growth+13%

into FY24-25

earned by the top five28%

revenue concentration

Six-year view

Combined revenue of filing companies

₹8,408.65 crFY19-201205 filers
₹7,267.48 crFY20-211365 filers
₹10,557.07 crFY21-221565 filers
₹17,333.99 crFY22-231717 filers
₹22,803.83 crFY23-241782 filers
₹24,578.55 crFY24-251730 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 1417 companies over three years

+33%
FY22-23₹15,311.01 cr−₹2,938.86 cr net
FY23-24₹18,091.50 cr−₹1,415.11 cr net
FY24-25₹20,320.18 cr−₹66.65 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr89633% profitable
₹1–10 cr54561% profitable
₹10–100 cr24672% profitable
₹100–1,000 cr4065% profitable
Over ₹1,000 cr333% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking614
0–20%260
20–50%237
50–100%201
Doubled+270

1582 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

833profitable
894loss-making
-1.4%aggregate margin
-0.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
EdgroEDGRO FINANCE PRIVATE LIMITED+539%₹50.86 cr
Radiant InfonetRADIANT INFONET PRIVATE LIMITED+434%₹59.05 cr
AssetChainASSET CHAIN TECHLLIGENCE PRIVATE LIMITED₹12.59 cr
KuhooKUHOO TECHNOLOGY SERVICES PRIVATE LIMITED+352%₹18.91 cr
88academics88ACADEMICS (INDIA) PRIVATE LIMITED+286%
Mesa School of BusinessNEOS KOSMOS TECHNOLOGIES PRIVATE LIMITED+242%₹11.36 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
ffreedom AppSUVISION HOLDINGS PRIVATE LIMITED163.8%₹34.74 cr
Purple TutorPURPLEFIRST TECHNOLOGIES PRIVATE LIMITED
Sunil Minglani EdufinSUNIL MINGLANI EDUFIN PRIVATE LIMITED74.4%₹67.63 cr
FliplearnFLIPLEARN EDUCATION PRIVATE LIMITED68.7%₹11.08 cr
Guru99GURU99 TECH PRIVATE LIMITED
Magnet BrainsMAGNET BRAINS SOFTWARE TECHNOLOGY PRIVATE LIMITED50.6%₹25.36 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
K-12 edtech593₹6,322.88 cr~₹94 lakh48%-7.3%
Continued learning410₹5,374.53 cr~₹1.0 cr49%-2.5%
Test preparation tech205₹3,855.98 cr~₹85 lakh47%-5.0%
Higher education tech234₹3,845.72 cr~₹97 lakh52%-8.1%
Academic tutoring21₹1,789.54 cr~₹35 lakh33%44.7%
Pre-k edtech41₹761.29 cr~₹1.0 cr44%-1.7%
Enterprise resource planning65₹355.37 cr~₹78 lakh57%6.8%
Alternative lending7₹272.29 cr~₹26.6 cr0%-56.0%
Leaders

Largest edtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Physics WallahPHYSICSWALLAH LIMITED₹2,495.61 cr−₹135.62 cr-5.4%+55%
NAVNEET TOPTECHNAVNEET EDUCATION LIMITED₹1,758.20 cr₹800.73 cr45.5%+3%
Lippincott GurukulWolters Kluwer India Pvt Ltd₹1,176.80 cr——+26%
Ampersand GroupEDUSPARK INTERNATIONAL PRIVATE LIMITED.₹900.90 cr₹59.37 cr+37%
TBOTbo Tek Limited₹618.37 cr₹56.82 cr9.2%+10%
AuxiloAUXILO FINSERVE PRIVATE LIMITED₹543.64 cr₹111.94 cr20.6%+48%
KC Overseas EducationKC OVERSEAS EDUCATION PRIVATE LIMITED₹484.64 cr₹71.72 cr14.8%
UNext LearningUNEXT LEARNING PRIVATE LIMITED₹462.20 cr−₹238.73 cr-51.7%+4%
Xebia AcademyXEBIA IT ARCHITECTS INDIA PRIVATE LIMITED₹437.57 cr₹7.44 cr1.7%-0%
LEAD SchoolLEADERSHIP BOULEVARD PRIVATE LIMITED₹367.41 cr−₹43.34 cr-11.8%-1%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Edtech Industry Landscape of India

The financials above are one chapter. The full edtech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the edtech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

EdTech funding and M&A across India

2,291 recorded equity rounds have gone to 13,426 edtech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months31

US$205.43m

equity rounds, last 24 months113

US$457.76m

raised over five yearsUS$4.00bn

966 rounds in India

M&A deals, India29

last 24 months

Capital by year

Equity funding into edtech in India

amount rounds
$349m2018179
$373m2019201
$847m2020218
$1.6bn2021342
$1.1bn2022278
$344m2023143
$579m2024114
$156m202572
$171m202617

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.62bn across 342 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$57.89m176 rounds · median US$88k
SeedUS$464.61m575 rounds · median US$443k
Series AUS$882.62m117 rounds · median US$3.30m
Series BUS$966.36m49 rounds · median US$9.57m
Series CUS$658.24m27 rounds · median US$10.00m
Series D+US$530.87m21 rounds · median US$10.50m
Where the money went · five years

Most-funded sub-sectors

K-12 edtechUS$1.24bn347 rounds · 171 companies
Continued learningUS$938.82m271 rounds · 135 companies
Test preparation techUS$806.37m86 rounds · 49 companies
Higher education techUS$469.64m126 rounds · 57 companies
Alternative lendingUS$319.23m11 rounds · 5 companies
HrtechUS$60.92m3 rounds · 3 companies
Pre-k edtechUS$60.68m21 rounds · 15 companies
Corporate activity · last 24 months

M&A in India

27Acquisition
2Merger

Most active acquirers

  1. Upgrad6
  2. Cactus3
  3. Physicswallah2
  4. Imarticus learning2
  5. Unacademy2

Most acquired or merged

  1. Unacademy5
  2. Sarrthi IAS2
  3. Mycaptain2
  4. Lanstitut Technologies1
  5. Baker Hughes Company’s Surface Pressure Control business1

Each deal appears in the events strip at the top of the page.

EdTech funding in India

629 edtech companies in India have recorded equity funding, US$4.31bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind edtech companies in India. 4,266 of 9,980 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India edtech companies by sub-sector

The most common specialisations among edtech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring edtech in India and nearby markets.

Coming soon