Best Test Preparation Chains Companies in India
The 205 best Test Preparation Chains companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Aakash Educational Services.
India's Test Preparation Chains sector has $1.9B in disclosed funding spread across 205 tracked companies, and if you want to know where that capital actually concentrates, the answer is two names: Aakash Educational Services at $745M and Allen Career Institute at $600M together account for the overwhelming majority of it.
But funding tells only part of the story. The 105 companies with validated filings report a combined revenue pool of $1.1B, with a median revenue of roughly $2M and median growth of just 4% YoY. That's a sector where most players earn modestly, and a handful earn at a completely different scale. Allen Career Institute posted $357M in revenue, even as it slipped 5% year-over-year. Fiitjee, meanwhile, grew 21% to $66M. I find the profitability picture equally striking: the sector median net income sits at $110,439, yet Sri Chaitanya Students Facility Management cleared $11M, roughly 98 times that figure. So the real question isn't who raised the most, it's who's actually converting classrooms into cash. Investors like Accel, Bodhi Tree Systems, and Catamaran are clearly asking the same thing.
Ranked: Best Test Preparation Chains companies in India
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | App-install YoY | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Allen Career Institute Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams 76Market top 13%Moat top 18%Innovation top 20%Product top 22% All 12 signals ▾Markettop 13% Moattop 18% Innovationtop 20% Producttop 22% Fundingtop 30% Talenttop 32% Customerstop 35% Fin. healthtop 39% Techtop 45% Growthbottom 33% Globalbottom 32% Newsbottom 29% Market: 10,015 employees (top 5% of Education) · Revenue ~$391M Moat: Top 1% by revenue among 92 tracked Test Preparation Chains companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $391M FY2025 | $600M | 10,015 | 1988 | Rajesh Maheshwari Founder Director | — | — |
| 2 | ALLEN Provider of online classroom coaching for competitive exams and school courses 78Market top 16%Tech top 24%Product top 30%Customers top 32% All 11 signals ▾Markettop 16% Techtop 24% Producttop 30% Customerstop 32% Moattop 34% Fin. healthtop 37% Growthtop 38% Fundingtop 39% Newsbottom 42% Talentbottom 40% Globalbottom 32% Market: 6,043 employees (top 11% of Education) · Revenue ~$391M Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses rank vs industry peers · Fliar Intelligence Index 78/100 | $391M FY2025 | $247M | 6,043 | 1988 | Rajesh Maheshwari Founder | +71% | — |
| 3 | Aakash Educational Services Chain of centers offering coaching for medical & engineering entrance exams 55Moat top 19%Tech top 21%Funding top 30%Talent top 34% All 11 signals ▾Moattop 19% Techtop 21% Fundingtop 30% Talenttop 34% Producttop 36% Markettop 37% Customerstop 41% Newstop 44% Fin. healthbottom 46% Globalbottom 37% Growthbottom 27% Moat: Top 1% by revenue among 92 tracked Test Preparation Chains companies · Editorial + unicorn rating 4/10 Tech: 79 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront rank vs industry peers · Fliar Intelligence Index 55/100 | $247M FY2025 | $745M | 1 | 2000 | Aakash Chaudhry Co-Founder & Managing Director | +7% | 6 job openings |
| 4 | FIITJEE Coaching institute that provides training for various competitive exams including IIT-JEE, NTSE, NSEJS, KVPY… 76Moat top 22%Innovation top 25%Product top 27%Market top 28% All 10 signals ▾Moattop 22% Innovationtop 25% Producttop 27% Markettop 28% Techtop 31% Fin. healthtop 41% Fundingtop 43% Growthtop 44% Globalbottom 37% Newsbottom 27% Moat: Top 2% by revenue among 92 tracked Test Preparation Chains companies · Editorial + unicorn rating 7/10 Innovation: 8 product lines rank vs industry peers · Fliar Intelligence Index 76/100 | $72M FY2023 | $20M | 2,097 2,097 → 2,753 (+31%) | 1992 | — | — | — |
| 5 | Veranda Learning Chain of centers providing government exam preparation solutions 64Funding top 20%Moat top 27%Product top 28%Growth top 31% All 12 signals ▾Fundingtop 20% Moattop 27% Producttop 28% Growthtop 31% Customerstop 32% Partnerstop 37% Markettop 39% Fin. healthtop 42% Newstop 43% Talentbottom 49% Techbottom 38% Globalbottom 37% Funding: Raised $41.4M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Moat: Top 3% by revenue among 92 tracked Test Preparation Chains companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 64/100 | $61M FY2025 | $41M | 375 375 → 226 (-40%) | 2018 | Suresh Kalpathi CEO | +27% | 1 job opening |
| 6 | Career Launcher Chain of education centers that offer programs for preparation of entrance examinations | $40M FY2024 | $13M | 33 | 1995 | Nikhil Mahajan Co-Founder | — | — |
| 7 | CLEducate K-12 education, vocational training and test prep provider | $40M FY2024 | $5M | 750 | 1996 | Nikhil Mahajan Executive Director & Group CEO Entreprise Business | — | — |
| 8 | Career Power Coaching institute for Government jobs | $28M FY2025 | $10M | 3,176 | 2010 | Saurabh Bansal Co-Founder & COO | — | — |
| 9 | IMS Learning Coaching classes for MBA entrance | $25M FY2025 | $5M | 1,072 | 1977 | Indrajeet Maitra Co-Founder | — | — |
| 10 | Vidyamandir Classes IITJEE coaching organization | $20M FY2025 | $7M | 128 | 1986 | Manmohan Gupta Co-Founder | +32% | 1 job opening |
| 11 | Resonance Chains providing educational coaching for competitive entrance examinations 42Product top 29%Talent top 33%Moat top 34%Customers top 37% All 11 signals ▾Producttop 29% Talenttop 33% Moattop 34% Customerstop 37% Markettop 39% Fundingtop 41% Techtop 48% Fin. healthbottom 40% Globalbottom 37% Growthbottom 27% Newsbottom 27% Product: 5 published apps (130k installs) · Company stage: Series C Talent: 3 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $20M FY2025 | $95M | 353 | 2001 | R Verma Co-Founder & Co-Owner & Managing Director | — | — |
| 12 | Rao IIT Academy Coaching Institute for Test preparation | $13M FY2020 | — | 134 | 2008 | Vinay Kumar CEO & Managing Director | — | — |
| 13 | J. K. Shah Classes Provider of chartered accountant coaching classes | $13M FY2022 | $2M | 155 | 2008 | Purnima Shah Co-Founder | — | — |
| 14 | Mahendras Test preparation courses | $12M FY2025 | $8M | 67 | 1995 | Shikha Jain CEO | — | — |
| 15 | Career Point Chain of institutes for IIT-JEE, AIEEE & Pre-Medical coaching | $11M FY2023 | $13M | 158 | 1993 | — | — | — |
| 16 | Deeksha Offers coaching classes for preparation of undergraduate level entrance examinations | $10M FY2025 | $8M | 329 | 2008 | Lalit Sridhar Co-Founder | — | — |
| 17 | BASE Coaching centre for preparation of IIT-JEE main & advanced and NEET UG courses | $10M FY2025 | — | 356 | 1991 | H Nagaraja Founder | — | — |
| 18 | Ace Creating Learning Network of Coaching Institute for Higher Education entrance exams | $9M FY2022 | $6M | 355 | 2008 | Sridhar Ganapathy Founder & MD | — | — |
| 19 | Bakliwal Tutorials IIT-JEE coaching | $7M FY2022 | — | — | 2005 | Vaibhav Bakliwal Founder & Owner | — | 1 job opening |
| 20 | MT Educare Chain of coaching institutes and PU colleges 19Moat top 26%Funding top 48%Market bottom 45%Global bottom 39% All 8 signals ▾Moattop 26% Fundingtop 48% Marketbottom 45% Globalbottom 39% Fin. healthbottom 39% Techbottom 32% Growthbottom 28% Newsbottom 24% Moat: Top 1% by revenue among 94 tracked Academic Tutoring companies · Editorial + unicorn rating 4/10 Funding: Raised $12.0M across 4 rounds · 4 rounds over 19 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 19/100 | $7M FY2025 | $12M | 125 | 1988 | — | — | — |
| 21 | T.I.M.E. (Triumphant Institute of Management Education) Chain of institutes for preparation of entrance exams at graduate and postgraduate level | $4M FY2025 | $7M | 218 | 1992 | P Viswanath Co-Founder | — | — |
| 22 | ACE Engineering Academy Institute offering expert coaching and online training for competitive engineering examinations including… | $3M FY2025 | — | 75 | 1995 | Raghu Yadala CEO | — | — |
| 23 | Bansal Classes Coaching Classes | $2M FY2025 | $2M | 15 | 1991 | Vinod Bansal Founder | — | 2 job openings |
| 24 | ArivuPro Provider of coaching services for professional exams in commerce | $1M FY2025 | — | 44 | 2015 | Arjun Varadraj Co-Founder & CEO | +37% | 1 job opening · 1 internship |
| 25 | Abhyaas Offers coaching classes for postgraduate level exams | $933K FY2025 | — | 27 | 2009 | Naresh Dubbudu CEO & MD | — | 5 job openings |
| 26 | Aldine CA Chartered Accountant coaching classes | $687K FY2023 | — | 5 | 2014 | Sajaat Hussain CEO & MD | — | — |
| 27 | SmartPrep Institute for test-prep | $436K FY2018 | $3M | 2 | 2011 | Mohit Nagpal CEO | — | — |
| 28 | BRICS Academy Offers coaching classes in finance certification exams | $136K FY2017 | — | — | 2018 | — | — | — |
| 29 | VistaMind Test preparation institute for entrance exams | $22K FY2025 | — | 18 | 2012 | Arks Srinivas Founder & CEO | — | — |
| 30 | Sri Chaitanya Educational Institutes 24Talent top 28%Product top 31%Tech bottom 48%Funding bottom 46% All 9 signals ▾Talenttop 28% Producttop 31% Techbottom 48% Fundingbottom 46% Growthbottom 43% Fin. healthbottom 40% Globalbottom 37% Marketbottom 23% Moatbottom 15% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Product: 2 published apps (95.7k installs) · Company stage: PE rank vs industry peers · Fliar Intelligence Index 24/100 | $7K FY2025 | $25M | 175 | 1986 | T Nagendra Co-Founder | — | — |
Top 12 Test Preparation Chains companies in India
#1
Public · Chennai, Tamil Nadu · founded 2018 · 375 employees$41.4Mraised▾
Chain of centers providing government exam preparation solutions. It offers preparation solutions for exams such as TNPSC, banking, civil service exams, and more. It also offers solutions such as online courses and coaching for students. Its mobile app is available for Android devices.
- Jul 2025Post IPO$41.4M
#2
Acquired · Delhi, Delhi · founded 2000 · 1 employees$745.2Mraised▾
Chain of centers offering coaching for medical & engineering entrance exams. Students receive one-on-one guidance and progress reports from personal mentors. It provides coaching for various competitive exams such as NEET (UG), IIT JEE Main, JEE Advanced, NTSE, KVPY olympiad, and others.
#3
Series D · Kota, Rajasthan · founded 1988 · 10015 employees$600Mraised▾
Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams. It provides support to students aspiring for international education, offering guidance on program selection, test preparation, profile enhancement, and assistance with visa and scholarship processes. It offers live online classes, video lectures, adaptive practice modules, and comprehensive test series.
- May 2022Series D$600M
#4
Series D · Kota, Rajasthan · founded 1988 · 6043 employees$246.9Mraised▾
Provider of online classroom coaching for competitive exams and school courses. The coaching covers various competitive exams along with school curriculum. It provide online courses, classroom courses, distance learning options, and test series. Study materials, including previous year papers, sample papers, and NCERT solutions, are also available. The institution boasts expert faculty and personalized learning tools, such as doubt resolution and customized study plans. It provides mentorship sessions and regular updates to parents are also part of the program.
- Jul 2022Series D$246.9M
#5
Series C · Kota, Rajasthan · founded 2001 · 353 employees$94.8Mraised▾
Chains providing educational coaching for competitive entrance examinations. These institutions offer classroom instruction and distance learning programs for students preparing for engineering, medical, and foundation level entrance tests. The curriculum covers core subjects through structured academic sessions, test series, and study materials designed to support student preparation for various competitive assessments.
#6
Late Stage · Hyderabad, Telangana · founded 1986 · 175 employees$25Mraised▾
SriChaitanya started in 1986, owns Higher education institutes, schools, Techno schools, Coaching institutes for IITJEE, IAS and other entrance exams. The educational conglomerate has vast presence in Andhra Pradesh and has few institutes in other states as Karnataka, Delhi, Jharkhand and Himachal.
- Jan 2011PE$25M
#7
Acquired · Mumbai, Maharashtra · founded 1988 · 125 employees$12Mraised▾
Chain of coaching institutes and PU colleges. It is a board exam preparation and added science & commerce coaching center. It provides test preparations for medical, engineering entrance exams, and chartered accountancy. It also offers vocational training for commerce and management students.
- May 2017Conventional Debt$17.1M
- May 2014Post IPO$663.7K
- Aug 2013Post IPO$768.5K
- Aug 2007PE$12M
#8
Late Stage · Delhi, Delhi · founded 1992 · 2097 employees$20.3Mraised▾
Coaching institute that provides training for various competitive exams, including IIT-JEE, NTSE, NSEJS, KVPY, and Olympiad. It offers various programs, including classroom programs, school programs, and non-classroom programs, to help students prepare for these exams. It also provides online services management portal for students and parents to access various services offered by the institute.
- Jul 2009PE$20.3M
#9
Series B · Delhi, Delhi · founded 1995 · 33 employees$13.2Mraised▾
Chain of education centers that offer programs for preparation of entrance examinations. It provides coaching and test preparation for a variety of competitive exams, including CAT, CUET, BBA, IPM, CLAT, AILET, JEE, NEET, GRE, GMAT, and more. It also provides educational services including higher education and vocational training.
- Jul 2011Series B$5M
- 2007Series A$8.2M
#10
Public · Kota, Rajasthan · founded 1993 · 158 employees$12.5Mraised▾
Chain of institutes for IIT-JEE, AIEEE & Pre-Medical coaching
- Jan 2010PE—
- Jul 2009PE$10.5M
- 2009PE$2M
#11
Series A · Gurugram, Haryana · founded 2010 · 3176 employees$9.9Mraised▾
Career Power is an institute for the preparation of Government Jobs (IBPS Coaching, Bank PO Coaching, Bank Clerk Coaching, SSC Coaching, SSC CGL Coaching, and many more). It has more than centers all over India. Launched online test preparations platform sscadda.com and bankersadda.com.
- Aug 2017Conventional Debt—
- Oct 2015Series A$9.9M
#12
Early Stage · Lucknow, Uttar Pradesh · founded 1995 · 67 employees$7.7Mraised▾
Mahendra's offers test preparation courses. Provides smart labs, assessments, study materials, etc. Prepares candidates for the bank, SSC, railway and other competitive exams. Also offers online test series, exam notification, and more. Has branches in West Bengal, Gujrat, Karnataka, etc.
- Apr 2018Unattributed$7.7M
- Apr 2014Unattributed$193.1K
Funding & investor landscape
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Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.