Company lists
The Mumbai edition · 2026

Edtechcompanies in Mumbai

K-12, upskilling, higher education, test prep, early learning and more: the companies building edtech in Mumbai, Maharashtra, with their founders, funding, team size and business models.

878 company profiles211 with reported revenue98 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent edtech business events in Mumbai

Funding, M&A, contract wins and launches involving 1,146 edtech companies in Mumbai, last 24 months: 12 funding rounds · 9 M&A deals · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jan 2026.

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 · Rumored

Upgrad acquires Think & Learn Pvt. Ltd.

Upgrad has formally filed an expression of interest (EOI) to bid for Think & Learn Pvt. Ltd., the parent company of Byju’s.

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
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

Imarticus learning acquires Mycaptain

professional education firm Imarticus Learning has acquired edtech startup MyCaptain for ₹50 crore (approximately $6 million).

Edtech
M&AAcquisition · Completed

Imarticus learning acquires Mycaptain

Imarticus Learning has acquired edtech startup MyCaptain for Rs 50 crore (around $6 million) in a major move to scale its presence in the non-tech career education space.

Edtech / Non-tech career education
ContractSupply

BioconBiologics Ltd. · client: Navitus

YESINTEK has also been selected on several other formularies, including Navitus, Costco Health Solutions, MedImpact, Priority Health, University of Pittsburgh Medical Center (UPMC), and…

Pharmaceutical
M&AAcquisition · Completed

Leap finance acquires Yocket

If the deal goes through, it will be a large acquisition for Leap Finance, which has already acquired Yocket.

Student Services
FundingBridge

Eduvanz

Eduvanz, the education-focused NBFC, raised Rs 25.52 crore ($2.9 million) in a bridge funding round backed by Juvo Ventures, Capria Fund, Peak XV Partners, and Unitus Ventures.

Education financing
FundingDebt financing

Auxilo

Education-focused NBFC Auxilo raised $5.7 million in debt financing from Motilal Oswal.

Investors Motilal oswal
FundingGrowth capital

Klassroom edutech

Klassroom Edutech, the world’s first AI-powered “Education OTT Platform,” has successfully raised growth capital in its latest funding round led by ah! Ventures, with participation from…

Investors Letsventure, Hem securities, Meteor Ventures, Growth Sense Fund
Education Technology
FundingSeries C

Miko

Robotics firm Miko, a product of Emotix, is raising Rs 28 crore ($3.3 million) as part of its Series C round.

Robotics, AI, IoT
FundingEarly‑stage

Birla brainiacs

Interestingly, two other startups, Birla Brainiacs and Dear Me, have also secured funding but have chosen to keep their transaction details under wraps

Funding

Upgrad

Mumbai-based edtech unicorn Upgrad led the week’s funding with a $60 million infusion from Singapore’s sovereign wealth fund Temasek.

Investors Temasek
Edtech
M&AAcquisition · Announced

Ronnie Screwvala acquires Upgrad

In a separate development, Upgrad’s founder and chairman, Ronnie Screwvala, has acquired Bharti Enterprises’ stake in the company for $20 Mn, according to an ET report.

Education Technology

Edtech companies in Mumbai, by revenue

Browse edtech companies in Mumbai 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 211 edtech companies in Mumbai, Maharashtra 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

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

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

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 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

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

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

Provider of professional certification and postgraduate programs across multiple disciplines

Continued learning
₹218.41 crFY 2024-25
+23%2024–2025
1,380-12% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
7postings · last posted Sep 2026

Provider of online learning resources and tools for students

K-12 edtech
₹129.41 crFY 2024-25
+2%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of employability solutions and educational technology for higher education

Enterprise resource planning
₹98.50 crFY 2024-25
+5%2024–2025
7,430+1% 12 mo to Jul 2024recorded Jul 2024
14 yr2012
23postings · last posted Sep 2026

Provider of a educational and fun toys and games for children

Mom & baby care
₹90.70 crFY 2024-25
+65%2024–2025
69+18% 12 mo to Jul 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Online retailer of personalized storybooks for children and adults

Book tech
₹55.65 crFY 2024-25
+11370%2024–2025
12LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of a membership program offering financial education and community access

Investment tech
₹54.87 crFY 2024-25
+75%2024–2025
2,252-3% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
5postings · last posted Aug 2026

E-learning platform offering courses for professionals

Continued learning
₹48.11 crFY 2022-23
Not reported
—Not available
5 yr2021
0none in 3 months

Provider of digital learning solutions

K-12 edtech
₹50.11 crFY 2024-25
+35%2024–2025
128LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Online videos for school children

K-12 edtech
₹43.95 crFY 2021-22
Not reported
—Not available
2 yr2024
0none in 3 months

Online platform offering skill-based learning solutions

Continued learning
₹37.52 crFY 2024-25
+3138%2024–2025
60LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Provider of BFSI courses and job placement services

Continued learning
₹30.68 crFY 2024-25
+14%2024–2025
46LinkedIn · Jul 2026
8 yr2018
1postings · last posted Jul 2026

The platform provides study resources and educational information

Higher education tech
₹30.23 crFY 2024-25
+4%2024–2025
4+25% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of live, one-on-one online classes for music and instruments

Continued learning
₹28.02 crFY 2024-25
+46%2024–2025
323+42% 12 mo to Jul 2024LinkedIn · Jul 2026
5 yr2021
14postings · last posted Sep 2026

Provider of financial assistance for education, career, and skills development

Alternative lending
₹27.21 crFY 2024-25
-57%2024–2025
164-36% 12 mo to Jun 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Provider of online examination and remote proctoring solutions for institutions

Higher education tech
₹26.52 crFY 2024-25
+21%2024–2025
42LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of educational technology solutions for virtual classrooms and learning management systems

K-12 edtech
₹25.49 crFY 2024-25
-13%2024–2025
23LinkedIn · Jul 2026
11 yr2015
0none in 3 months
50 of 878 companies shown here · the full list is on Radar
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Open edtech in Mumbai on Radar
  • Every company, not just 50All 878 edtech companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
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Explore edtech companies in Mumbai by what you are looking for

Mumbai's edtech companies cover K-12 schooling, professional upskilling, higher education and test preparation. Browse edtech startups in Mumbai and edtech companies hiring in Mumbai to find the right fit.

7 ways to explore edtech in Mumbai

K-12 & school edtechProfessional upskilling & continued learningHigher education & college admissions techTest preparation & academic tutoringEarly learning, pre-K & online coursesEdtech startups in Mumbai

K-12 & school edtech

Digital learning platforms and content built for schools and school-going children.

  1. VOOT Kids

    Provider of engaging educational application

    K-12 edtech
    See in list
  2. NAVNEET TOPTECH

    Digital education solutions for schools and students

    Academic tutoring
    See in list
  3. LEAD School

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

    K-12 edtech
    See in list
  4. Tata ClassEdge

    Provider of digital learning solutions for K–12 education

    K-12 edtech
    See in list
  5. Ampersand Group

    Provider of elemental ecosystems which are essential for education, healthcare, and social welfare

    K-12 edtech
    Website

Professional upskilling & continued learning

Certification courses and executive education programs for working professionals.

  1. UpGrad

    Higher education and upskilling platform

    Continued learning
    See in list
  2. Jaro Education

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

    Continued learning
    See in list
  3. Imarticus Learning

    Provider of professional certification and postgraduate programs across multiple disciplines

    Continued learning
    See in list
  4. Skill Nation

    E-learning platform offering courses for professionals

    Continued learning
    See in list
  5. LeapUp

    Online platform offering skill-based learning solutions

    Continued learning
    See in list

Higher education & college admissions tech

Platforms supporting college admissions, discovery and higher education institutions.

  1. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  2. TeamLease Edtech

    Provider of employability solutions and educational technology for higher education

    Enterprise resource planning
    See in list
  3. ExamOnline

    Provider of online examination and remote proctoring solutions for institutions

    Higher education tech
    See in list
  4. GrayQuest

    Provider of educational financing services through integrated fee collection platform for educational institutions

    Higher education tech
    See in list
  5. Azent

    Online career guidance service provider for studying abroad

    Higher education tech
    See in list

Test preparation & academic tutoring

Coaching, tutoring and remote proctoring platforms that help students prepare for exams.

  1. NAVNEET TOPTECH

    Digital education solutions for schools and students

    Academic tutoring
    See in list
  2. Ampersand Group

    Provider of elemental ecosystems which are essential for education, healthcare, and social welfare

    K-12 edtech
    Website
  3. Imarticus Learning

    Provider of professional certification and postgraduate programs across multiple disciplines

    Continued learning
    See in list
  4. Artium Academy

    Provider of live, one-on-one online classes for music and instruments

    Continued learning
    See in list
  5. Ira

    App-based platform offering data analytics training programs

    Continued learning
    See in list

Early learning, pre-K & online courses

Apps and content for preschool-age children, plus general online course platforms.

  1. Imagimake

    Provider of a educational and fun toys and games for children

    Mom & baby care
    See in list
  2. Imagitime

    Online retailer of personalized storybooks for children and adults

    Book tech
    See in list
  3. Kinsane Entertainment

    Entertainment & education content provider for kids

    Mom & baby care
    Website
  4. Super Buddy

    Provider of screen-free audio storytellers and speakers for kids

    Pre-k edtech
    Website
  5. Clever Cubes

    Educational games for kids

    Pre-k edtech
    Website

Edtech startups in Mumbai

Newer edtech companies founded in the last five years.

  1. Imagitime

    Online retailer of personalized storybooks for children and adults

    Book tech
    See in list
  2. 1% Club

    Provider of a membership program offering financial education and community access

    Investment tech
    See in list
  3. Skill Nation

    E-learning platform offering courses for professionals

    Continued learning
    See in list
  4. Periwinkle

    Online videos for school children

    K-12 edtech
    See in list
  5. Artium Academy

    Provider of live, one-on-one online classes for music and instruments

    Continued learning
    See in list
163 companies in Mumbai

Edtech companies hiring in Mumbai

Edtech companies in Mumbai that are actively hiring.

  1. UpGrad

    Higher education and upskilling platform

    Continued learning
    See in list
  2. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  3. LEAD School

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

    K-12 edtech
    See in list
  4. Tata ClassEdge

    Provider of digital learning solutions for K–12 education

    K-12 edtech
    See in list
  5. Ampersand Group

    Provider of elemental ecosystems which are essential for education, healthcare, and social welfare

    K-12 edtech
    Website
39 companies in Mumbai
Mobile reach

Top 10 edtech apps from Mumbai

The most-installed Android apps published by edtech companies headquartered in Mumbai — 172.8M installs between them. 138 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
2

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
3

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
4

Little Singham: Play & Learn

by Little Singham

Installs14.4M
Rating5.09K ratings
Last updatedNov 2025
View on Google Play ↗
Little Singham: Play & Learn screenshot 1Little Singham: Play & Learn screenshot 2Little Singham: Play & Learn screenshot 3Little Singham: Play & Learn screenshot 4Little Singham: Play & Learn screenshot 5Little Singham: Play & Learn screenshot 6
6

Programming Hub: Learn to code

by ProgrammingHub

Installs11.2M
Rating4.67228K ratings
Installs, year on year+13%
Last updatedApr 2026
View on Google Play ↗
Programming Hub: Learn to code screenshot 1Programming Hub: Learn to code screenshot 2Programming Hub: Learn to code screenshot 3Programming Hub: Learn to code screenshot 4Programming Hub: Learn to code screenshot 5Programming Hub: Learn to code screenshot 6
7

upGrad

by UpGrad

Installs5.4M
Rating4.5632K ratings
Last updatedMay 2026
View on Google Play ↗
upGrad screenshot 1upGrad screenshot 2upGrad screenshot 3upGrad screenshot 4upGrad screenshot 5upGrad screenshot 6
8

Shaalaa: The Study App

by Shaalaa

Installs4.0M
Rating4.6346K ratings
Installs, year on year+17%
Last updatedJun 2025
View on Google Play ↗
Shaalaa: The Study App screenshot 1Shaalaa: The Study App screenshot 2Shaalaa: The Study App screenshot 3Shaalaa: The Study App screenshot 4Shaalaa: The Study App screenshot 5Shaalaa: The Study App screenshot 6
9

AutiSpark: Kids Autism Games

by AutiSpark

Installs3.9M
Rating4.263K ratings
Installs, year on year+11%
Last updatedFeb 2026
View on Google Play ↗
AutiSpark: Kids Autism Games screenshot 1AutiSpark: Kids Autism Games screenshot 2AutiSpark: Kids Autism Games screenshot 3AutiSpark: Kids Autism Games screenshot 4AutiSpark: Kids Autism Games screenshot 5AutiSpark: Kids Autism Games screenshot 6
10

LEAD Group Student App

by LEAD School

Installs3.3M
Rating4.475K ratings
Installs, year on year+22%
Last updatedMay 2026
View on Google Play ↗
LEAD Group Student App screenshot 1LEAD Group Student App screenshot 2LEAD Group Student App screenshot 3LEAD Group Student App screenshot 4LEAD Group Student App screenshot 5LEAD Group Student App screenshot 6
The business behind the activity

Edtech financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 187 edtech companies in Mumbai, Maharashtra for FY24-25 — 260 of the 878 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 69% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,667.58 cr

187 companies filing accounts

combined net profit₹840.63 cr

14.8% aggregate margin

are profitable45%

85 of 187 companies

median revenue~₹1.2 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five69%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,351.67 crFY19-20131 filers
₹1,783.34 crFY20-21152 filers
₹2,623.02 crFY21-22183 filers
₹4,652.29 crFY22-23196 filers
₹6,131.23 crFY23-24200 filers
₹5,667.58 crFY24-25187 filers

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

Like-for-like

The same 164 companies over three years

+29%
FY22-23₹3,626.64 cr−₹416.90 cr net
FY23-24₹4,159.64 cr−₹138.55 cr net
FY24-25₹4,689.06 cr₹824.00 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 cr8831% profitable
₹1–10 cr6152% profitable
₹10–100 cr2969% profitable
₹100–1,000 cr862% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking63
0–20%27
20–50%27
50–100%28
Doubled+32

177 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

85profitable
102loss-making
14.8%aggregate margin
-1.4%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
KuhooKUHOO TECHNOLOGY SERVICES PRIVATE LIMITED
SpeedLabsTEEVRA EDUTECH PRIVATE LIMITED
Ira, Ira SkillsISVARI TECH PRIVATE LIMITED
TagMangoTAGMANGO PRIVATE LIMITED+163%
Purple TutorPURPLEFIRST TECHNOLOGIES PRIVATE LIMITED
KlassroomFUSION KLASSROOM EDUTECH LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Purple TutorPURPLEFIRST TECHNOLOGIES PRIVATE LIMITED
NAVNEET TOPTECHNAVNEET EDUCATION LIMITED45.5%₹1,758.20 cr
UniScholarsUNISCHOLARS PRIVATE LIMITED40.9%
KidloLandKIDLOLAND KIDS & TODDLER GAMES PRIVATE LIMITED₹119.54 cr
TagMangoTAGMANGO PRIVATE LIMITED
LogIQidsCAMPUSCONNECT TECHNOLOGIES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
K-12 edtech62₹1,651.47 cr~₹1.5 cr45%-0.8%
Higher education tech24₹743.06 cr~₹4.3 cr50%7.7%
Continued learning48₹694.15 cr~₹98 lakh46%1.0%
Pre-k edtech7₹126.74 cr~₹31 lakh43%28.8%
Test preparation tech16₹44.48 cr~₹74 lakh31%-22.3%
Leaders

Largest edtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
NAVNEET TOPTECHNAVNEET EDUCATION LIMITED₹1,758.20 cr₹800.73 cr45.5%+3%
Ampersand GroupEDUSPARK INTERNATIONAL PRIVATE LIMITED.₹900.90 cr₹59.37 cr+37%
AuxiloAUXILO FINSERVE PRIVATE LIMITED₹543.64 cr₹111.94 cr20.6%+48%
LEAD SchoolLEADERSHIP BOULEVARD PRIVATE LIMITED₹367.41 cr−₹43.34 cr-11.8%-1%
CACTUSCACTUS COMMUNICATIONS PRIVATE LIMITED₹317.85 cr₹32.53 cr10.2%-15%
Jaro EducationJARO INSTITUTE OF TECHNOLOGY MANAGEMENT AND RESEARCH LIMITED₹254.02 cr₹51.67 cr20.3%+25%
Imarticus LearningIMARTICUS LEARNING PRIVATE LIMITED₹200.93 cr−₹17.51 cr-8.7%+25%
EdzamSUNDARAM MULTI PAP LIMITED₹129.41 cr−₹5.12 cr-4.0%+2%
KidloLandKIDLOLAND KIDS & TODDLER GAMES PRIVATE LIMITED₹119.54 cr₹41.71 cr
TeamLease EdtechTEAMLEASE EDTECH LIMITED₹98.50 cr₹3.67 cr3.7%+5%
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 Mumbai 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 Mumbai
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 Mumbai 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, Mumbai9

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 Mumbai

8Acquisition
1Merger

Most active acquirers

  1. Cactus3
  2. Imarticus learning2
  3. Upgrad1
  4. Catx1
  5. Leap finance1

Most acquired or merged

  1. Mycaptain2
  2. Baker Hughes Company’s Surface Pressure Control business1
  3. Think & Learn Pvt. Ltd.1
  4. Cactus1
  5. Baker Hughes ’ surface pressure control business1

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

Edtech funding in Mumbai

98 edtech companies in Mumbai have recorded equity funding, US$1.13bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind edtech companies in Mumbai. 434 of 878 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai edtech companies by sub-sector

The most common specialisations among edtech companies in Mumbai. 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.

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