Company lists
The Mumbai edition · 2026

Higher education techcompanies in Mumbai

Admissions, college ERP, online courses, education loans, test prep & tutoring and more: the companies building higher education tech in Mumbai, Maharashtra, with their founders, funding, team size and business models.

168 company profiles52 with reported revenue27 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent higher education tech business events in India

Funding, M&A, contract wins and launches involving 2,780 higher education tech companies in India, last 24 months: 17 funding rounds · 9 M&A deals · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

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
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
FundingSeries A

Emversity

Emversity raised $30 million (₹271 crore) in Series A funding, led by Premji Invest, with participation from existing investors Z47 and Lightspeed.

Higher-education embedded skilling and employability platform
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
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
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
FundingDebt

Auxilo

Auxilo, education-focused non-banking financial company (NBFC), has secured Rs 225 crore (around $25.5 million) in debt funding from Neo Group, Nuvama Wealth, Dezerv and The South Indian…

Investors Neo group, Nuvama Wealth, Dezerv, The South Indian Bank
Education
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 B

Seekho

Venture Capital firm Bessemer Venture Partners has led a $28 million (around Rs 246 crore) Series B funding round in edtech startup Seekho.

Edtech
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
FundingDebt funding

Leap finance

Leap Finance, a fintech platform for Indian students pursuing higher education overseas, has secured $100 million in debt funding from London-headquartered bank HSBC through its Asean…

Investors Hsbc
Fintech
FundingDebt funding

Leap finance

Leap Finance, a fintech platform for Indian students pursuing higher education overseas, has secured $100 million in debt funding from London-headquartered bank HSBC through its Asean…

Investors Hsbc
Fintech
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
FundingEarly-stage

Seekho

Tech-enabled B2B express logistics INSTANT-XP led the list followed by learning-focused OTT platform Seekho, intercity mobility startup ZingBus, supply chain fintech startup QuiD Cash,…

Learning-focused OTT platform
M&AAcquisition · Announced

Saltire acquires Anthem

Saltire Capital Ltd (TSX: SLT.U, SLT.WT.U) ('Saltire' or the 'Corporation'), is pleased to announce it has acquired an indirect stake in Anthem GP Ltd. ('Anthem') through the acquisition…

Funeral Services
Funding

Creanovation Technologies

Physis Capital, a growth-stage-focused investment fund with a capital pool of USD 50 million, has made its second investment, contributing INR 5 crore to Creanovation Technologies Pvt.…

Investors Physis Capital
EdTech
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
Funding

Suraasa

Reach Capital is leading a new $6 million fundraising round for Suraasa, a platform for global teacher mobility and workforce development, with participation from ETS Capital, NB…

Investors ETS Capital, Nb ventures, Tsm ventures, Trtl ventures
Education

Higher education tech companies in Mumbai, by revenue

Browse higher education tech 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 52 higher education tech 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

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
59postings · 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 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 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

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 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 financing services through integrated fee collection platform for educational institutions

Higher education tech
₹24.56 crFY 2024-25
Not reported
669+10% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
4postings · last posted Sep 2026

Online career guidance service provider for studying abroad

Higher education tech
₹21.28 crFY 2024-25
-39%2024–2025
200-52% 12 mo to Mar 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

It offers data science, career coaching, and digital marketing training

Higher education tech
₹19.82 crFY 2024-25
+68%2024–2025
30-93% vs previous recordrecorded
9 yr2017
1postings · last posted Jul 2026

Provider of financial products designed to fund student educational expenses

Higher education tech
₹18.91 crFY 2024-25
+352%2024–2025
175+41% 12 mo to Feb 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Campus communication platform

K-12 edtech
₹11.61 crFY 2024-25
-4%2024–2025
2+19% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provides AdTech, EdTech, and business ERP solutions

Higher education tech
₹9.97 crFY 2023-24
Not reported
123-35% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of a multilingual, interest-based learning network offering bite-sized video courses

Sports tech
₹8.48 crFY 2021-22
+168%2021–2022
5+67% 12 mo to Jan 2022LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Web-based platform providing student engagement solutions

K-12 edtech
₹7.95 crFY 2024-25
-17%2024–2025
16-67% 12 mo to Aug 2023LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online platform offering DIY kits for students

Higher education tech
₹7.27 crFY 2024-25
+26%2024–2025
—Not available
14 yr2012
0none in 3 months

Offers ERP solutions tailored for the education sector, focusing on enhancing institutional efficiency and management.

K-12 edtech
₹6.50 crFY 2024-25
+30%2024–2025
74+0% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Online courses enhance professional skills and employability

Higher education tech
₹5.95 crFY 2024-25
-16%2024–2025
—Not available
11 yr2015
0none in 3 months · last posted Apr 2019

Provider of smart classroom teaching devices

Higher education tech
₹5.62 crFY 2024-25
+56%2024–2025
—Not available
24 yr2002
0none in 3 months

Provider of education planning and financing platform

Higher education tech
₹5.31 crFY 2024-25
+840%2024–2025
103+435% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Developer of digital solutions for critical thinking skills assessment and development

Higher education tech
₹4.39 crFY 2024-25
+12%2024–2025
19-24% vs previous recordLinkedIn · Jul 2026
11 yr2015
0none in 3 months

It offers online educational books and test series

Higher education tech
₹4.27 crFY 2024-25
+4%2024–2025
13LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Provider of alumni network platform with banking, rewards, and connection features

Payments
₹3.69 crFY 2024-25
-60%2024–2025
155-34% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Online career assessment and mentoring platform

K-12 edtech
₹3.39 crFY 2024-25
Not reported
715-50% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026
50 of 168 companies shown here · the full list is on Radar
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Explore higher education tech companies in Mumbai by what you are looking for

Browse higher education tech companies in Mumbai, from college admissions platforms to education loans and campus software. Find higher education software companies, higher edtech companies and higher education startups in Mumbai.

8 ways to explore higher education tech in Mumbai

College admissions & study abroad platformsCollege ERP & campus management softwareOnline courses, degrees & upskillingEducation loans & fee financingTest preparation & online tutoringAlumni networks & student communities

College admissions & study abroad platforms

Platforms that help students discover colleges, get admission guidance and study abroad.

  1. Azent

    Online career guidance service provider for studying abroad

    Higher education tech
    See in list
  2. Career Anna

    Provider of a multilingual, interest-based learning network offering bite-sized video courses

    Sports tech
    See in list
  3. Konversations

    Online courses enhance professional skills and employability

    Higher education tech
    See in list
  4. Invest4Edu

    Provider of education planning and financing platform

    Higher education tech
    See in list
  5. Mentoria

    Online career assessment and mentoring platform

    K-12 edtech
    See in list

College ERP & campus management software

ERP, learning management and administration software for colleges and universities.

  1. TeamLease Edtech

    Provider of employability solutions and educational technology for higher education

    Enterprise resource planning
    See in list
  2. ExamOnline

    Provider of online examination and remote proctoring solutions for institutions

    Higher education tech
    See in list
  3. GrayQuest

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

    Higher education tech
    See in list
  4. Campusby

    Campus communication platform

    K-12 edtech
    See in list
  5. Converge

    Web-based platform providing student engagement solutions

    K-12 edtech
    See in list

Online courses, degrees & upskilling

Online universities, courses and upskilling platforms for graduates and professionals.

  1. UpGrad

    Higher education and upskilling platform

    Continued learning
    See in list
  2. Board Infinity

    It offers data science, career coaching, and digital marketing training

    Higher education tech
    See in list
  3. Konversations

    Online courses enhance professional skills and employability

    Higher education tech
    See in list
  4. Callido

    Developer of digital solutions for critical thinking skills assessment and development

    Higher education tech
    See in list
  5. EduEdge Pro

    Upskilling, career counseling, and study abroad support provider

    Continued learning
    See in list

Education loans & fee financing

Education loan providers, comparison marketplaces and fee payment platforms.

  1. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  2. Eduvanz

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

    Alternative lending
    See in list
  3. Kuhoo

    Provider of financial products designed to fund student educational expenses

    Higher education tech
    See in list
  4. LEO 1

    Provider of alumni network platform with banking, rewards, and connection features

    Payments
    See in list
  5. GlobCred

    Facilitator of education loans and study abroad services

    Alternative lending
    See in list

Test preparation & online tutoring

Exam preparation, coaching and online tutoring platforms.

  1. ExamOnline

    Provider of online examination and remote proctoring solutions for institutions

    Higher education tech
    See in list
  2. PagalGuy

    Provider of education community with test preparation for various competitive exams

    Higher education tech
    See in list
  3. Colscol

    Provider of innovative learning solutions and skill development

    Academic tutoring
    Website
  4. Moocable

    Online platform offering tutoring solutions for students

    Academic tutoring
    Website
  5. Ekeeda

    Online learning platform offering a wide range of courses and resources

    Higher education tech
    See in list

Alumni networks & student communities

Alumni, mentoring and campus community platforms.

  1. Konversations

    Online courses enhance professional skills and employability

    Higher education tech
    See in list
  2. Association of Global NICMARIANS

    Network of alumni providing career and networking opportunities

    Higher education tech
    Website
  3. Shink

    Platform for AI-validated, community-endorsed skill profiles

    Social platforms
    Website
  4. YoZu

    Provider of AI-based learning community platform for kids

    Higher education tech
    Website
  5. Crucibo

    Provider of community management solutions for colleges

    K-12 edtech
    Website

Higher education tech startups in Mumbai

Newer higher education tech companies in Mumbai.

  1. 1% Club

    Provider of a membership program offering financial education and community access

    Investment tech
    See in list
  2. Kuhoo

    Provider of financial products designed to fund student educational expenses

    Higher education tech
    See in list
  3. Invest4Edu

    Provider of education planning and financing platform

    Higher education tech
    See in list
  4. GlobCred

    Facilitator of education loans and study abroad services

    Alternative lending
    See in list
  5. Hunarho

    It offers online certification programs in various fields

    Higher education tech
    See in list
37 companies in Mumbai

Higher education tech companies hiring in Mumbai

Higher education tech companies in Mumbai with open roles.

  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. TeamLease Edtech

    Provider of employability solutions and educational technology for higher education

    Enterprise resource planning
    See in list
  4. 1% Club

    Provider of a membership program offering financial education and community access

    Investment tech
    See in list
  5. Eduvanz

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

    Alternative lending
    See in list
15 companies in Mumbai
Mobile reach

Top 10 higher education tech apps from Mumbai

The most-installed Android apps published by higher education tech companies headquartered in Mumbai — 10.0M installs between them. 38 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
2

R Discovery: Academic Research

by Researcher.Life

Installs2.5M
Rating4.7320K ratings
Installs, year on year+14%
Last updatedMay 2026
View on Google Play ↗
R Discovery: Academic Research screenshot 1R Discovery: Academic Research screenshot 2R Discovery: Academic Research screenshot 3R Discovery: Academic Research screenshot 4R Discovery: Academic Research screenshot 5R Discovery: Academic Research screenshot 6
4

Teach Us App: Student & Parent

by Teach Us App

Installs334K
Rating1.864K ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
Teach Us App: Student & Parent screenshot 1Teach Us App: Student & Parent screenshot 2Teach Us App: Student & Parent screenshot 3Teach Us App: Student & Parent screenshot 4Teach Us App: Student & Parent screenshot 5Teach Us App: Student & Parent screenshot 6
5

Edusprint Pro

by MiCM

Installs326K
Rating—
Last updatedJun 2026
View on Google Play ↗
Edusprint Pro screenshot 1Edusprint Pro screenshot 2Edusprint Pro screenshot 3Edusprint Pro screenshot 4Edusprint Pro screenshot 5Edusprint Pro screenshot 6
6

Kuhoo: Education Loan App

by Kuhoo

Installs263K
Rating—
Installs, year on year+192%
Last updatedJun 2026
View on Google Play ↗
Kuhoo: Education Loan App screenshot 1Kuhoo: Education Loan App screenshot 2Kuhoo: Education Loan App screenshot 3Kuhoo: Education Loan App screenshot 4Kuhoo: Education Loan App screenshot 5Kuhoo: Education Loan App screenshot 6
7

Azent App - Study Abroad

by Azent

Installs235K
Rating—
Installs, year on year+6%
Last updatedJan 2025
View on Google Play ↗
Azent App - Study Abroad screenshot 1Azent App - Study Abroad screenshot 2Azent App - Study Abroad screenshot 3Azent App - Study Abroad screenshot 4Azent App - Study Abroad screenshot 5Azent App - Study Abroad screenshot 6
8

1% Club

by 1% Club

Installs228K
Rating3.791K ratings
Last updatedMay 2026
View on Google Play ↗
1% Club screenshot 11% Club screenshot 21% Club screenshot 31% Club screenshot 41% Club screenshot 51% Club screenshot 6
9

Digivarsity - Education App

by Digivarsity

Installs179K
Rating3.735K ratings
Installs, year on year+15%
Last updatedMay 2026
View on Google Play ↗
Digivarsity - Education App screenshot 1Digivarsity - Education App screenshot 2Digivarsity - Education App screenshot 3Digivarsity - Education App screenshot 4Digivarsity - Education App screenshot 5Digivarsity - Education App screenshot 6
10

Converge Study Abroad

by Converge

Installs177K
Rating4.292K ratings
Installs, year on year+6%
Last updatedAug 2025
View on Google Play ↗
Converge Study Abroad screenshot 1Converge Study Abroad screenshot 2Converge Study Abroad screenshot 3Converge Study Abroad screenshot 4Converge Study Abroad screenshot 5
The business behind the activity

Higher education tech financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 41 higher education tech companies in Mumbai, Maharashtra for FY24-25 — 55 of the 168 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 81% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,283.58 cr

41 companies filing accounts

combined net profit₹8.68 cr

0.7% aggregate margin

are profitable51%

21 of 41 companies

median revenue~₹4.3 cr

the typical company

median revenue growth+4%

into FY24-25

earned by the top five81%

revenue concentration

Six-year view

Combined revenue of filing companies

₹335.89 crFY19-2037 filers
₹492.72 crFY20-2140 filers
₹657.24 crFY21-2243 filers
₹1,751.31 crFY22-2345 filers
₹2,215.14 crFY23-2447 filers
₹1,283.58 crFY24-2541 filers

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

Like-for-like

The same 36 companies over three years

+45%
FY22-23₹843.47 cr−₹135.36 cr net
FY23-24₹1,089.06 cr−₹106.11 cr net
FY24-25₹1,226.66 cr₹43.47 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 cr1429% profitable
₹1–10 cr1457% profitable
₹10–100 cr1164% profitable
₹100–1,000 cr2100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking18
0–20%7
20–50%6
50–100%4
Doubled+5

40 companies with accounts for both years; median growth +4%.

Profitability

Profit is concentrated at the top

21profitable
20loss-making
0.7%aggregate margin
0.0%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+352%₹18.91 cr
UniScholarsUNISCHOLARS PRIVATE LIMITED+117%
Board InfinityLEARNTURE VENTURES PRIVATE LIMITED+97%₹16.59 cr
1% ClubONE CLUB VENTURES PRIVATE LIMITED+68%₹52.58 cr
AuxiloAUXILO FINSERVE PRIVATE LIMITED+48%₹543.64 cr
GrayQuestGRAYQUEST EDUCATION FINANCE PRIVATE LIMITED+37%₹24.56 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
UniScholarsUNISCHOLARS PRIVATE LIMITED40.9%
ExamOnlineDIVERSIFIED BUSINESS SOLUTIONS PRIVATE LIMITED22.2%₹26.52 cr
AuxiloAUXILO FINSERVE PRIVATE LIMITED20.6%₹543.64 cr
1% ClubONE CLUB VENTURES PRIVATE LIMITED16.6%₹52.58 cr
CACTUSCACTUS COMMUNICATIONS PRIVATE LIMITED10.2%₹317.85 cr
StupidsidAVOCATION EDUCATIONAL SERVICES PRIVATE LIMITED7.9%₹30.23 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Higher education tech27₹750.69 cr~₹4.3 cr44%7.3%
K-12 edtech7₹31.00 cr~₹3.4 cr86%2.9%
Leaders

Largest higher education tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AuxiloAUXILO FINSERVE PRIVATE LIMITED₹543.64 cr₹111.94 cr20.6%+48%
CACTUSCACTUS COMMUNICATIONS PRIVATE LIMITED₹317.85 cr₹32.53 cr10.2%-15%
TeamLease EdtechTEAMLEASE EDTECH LIMITED₹98.50 cr₹3.67 cr3.7%+5%
1% ClubONE CLUB VENTURES PRIVATE LIMITED₹52.58 cr₹8.75 cr16.6%+68%
StupidsidAVOCATION EDUCATIONAL SERVICES PRIVATE LIMITED₹30.23 cr₹2.38 cr7.9%+4%
UniScholarsUNISCHOLARS PRIVATE LIMITED₹12.15 cr40.9%+117%
EduvanzEDUVANZ FINANCING PRIVATE LIMITED₹28.82 cr−₹48.38 cr-167.9%-55%
ExamOnlineDIVERSIFIED BUSINESS SOLUTIONS PRIVATE LIMITED₹26.52 cr₹5.90 cr22.2%+21%
GrayQuestGRAYQUEST EDUCATION FINANCE PRIVATE LIMITED₹24.56 cr−₹35.05 cr-142.7%+37%
KuhooKUHOO TECHNOLOGY SERVICES PRIVATE LIMITED₹18.91 cr−₹4.79 cr-25.4%+352%
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

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full higher education tech 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 higher education tech 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

Higher education tech funding and M&A across India

579 recorded equity rounds have gone to 2,780 higher education tech 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 months7

US$121.46m

equity rounds, last 24 months28

US$243.18m

raised over five yearsUS$1.28bn

236 rounds in India

M&A deals, India9

last 24 months

Capital by year

Equity funding into higher education tech in India

amount rounds
$49m201846
$39m201946
$40m202043
$452m202177
$379m202268
$128m202337
$143m202431
$64m202519
$113m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$452.43m across 77 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$21.25m44 rounds · median US$62k
SeedUS$107.11m130 rounds · median US$309k
Series AUS$433.45m33 rounds · median US$4.93m
Series BUS$390.83m20 rounds · median US$9.57m
Series CUS$295.82m8 rounds · median US$36.85m
Series D+US$30.73m1 rounds · median US$30.73m
Where the money went · five years

Most-funded sub-sectors

Higher education techUS$469.64m126 rounds · 57 companies
Continued learningUS$449.01m21 rounds · 7 companies
K-12 edtechUS$200.03m59 rounds · 28 companies
Alternative lendingUS$102.17m9 rounds · 4 companies
PaymentsUS$31.20m3 rounds · 1 companies
HrtechUS$15.57m1 rounds · 1 companies
Enterprise resource planningUS$4.55m6 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

8Acquisition
1Merger

Most active acquirers

  1. Cactus3
  2. Emversity1
  3. Upgrad1
  4. Catx1
  5. Leap finance1

Most acquired or merged

  1. Lanstitut Technologies1
  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.

Higher education tech funding in Mumbai

27 higher education tech companies in Mumbai have recorded equity funding, US$647.12m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind higher education tech companies in Mumbai. 102 of 168 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai higher education tech companies by sub-sector

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

Keep exploring higher education tech in India and nearby markets.

Coming soon