Company lists
The India edition · 2026

Test preparation chainscompanies in India

Government exams, JEE & NEET, MBA & postgraduate, finance & certification, language & study abroad and more: the companies building test preparation chains in India, with their founders, funding, team size and business models.

266 company profiles70 with reported revenue11 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent test preparation chains business events in India

Funding, M&A, contract wins and launches involving 346 test preparation chains companies in India, last 24 months: 12 M&A deals · 4 funding rounds · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Feb 2026.

FundingTerm loan

Veranda learning

Veranda Learning Solutions Limited has entered into a ₹140 crore term loan agreement with City Union Bank Limited, as per an exchange filing.

Investors City union bank
Education
FundingRights issue

Aakash educational services

Ranjan Pai’s family office reportedly plans to invest an additional INR 250 Cr in cash-strapped Aakash Educational Services Ltd (AESL) during the coaching chain’s ongoing INR 450 Cr to…

Investors Pai's family office
Education
ContractService

Career point · client: Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI)

Career Point Edutech Ltd has secured Rs 17.61 Crore Work Order from Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), Nagpur, an autonomous institute of the Government…

Education
M&AAcquisition · Announced

SNVA EduTech Ltd acquires Veranda learning

SNVA EduTech Ltd, a global education and skilling enterprise with presence in over 60 countries, has announced the strategic acquisition of Edureka, Veranda Higher Education, and Six…

Education
M&AAcquisition · Announced

Veranda learning acquires SNVA EduTech

The move will give Veranda and its subsidiary a combined 50% stake in the enlarged SNVA EduTech Limited.

Education and training
M&AMerger · Announced

SNVA EduTech acquires Veranda learning

The move will give Veranda and its subsidiary a combined 50% stake in the enlarged SNVA EduTech Limited.

Edtech
M&AAcquisition · Announced

Physicswallah acquires Drishti ias

Drishti IAS is reportedly in advanced talks for a mega deal valued at INR 2,500-3,000 crore but its CEO has publicly denied the talks.

UPSC Coaching
M&AAcquisition · Announced

Physicswallah acquires Drishti ias

PhysicsWallah, the edtech unicorn known for its affordable online coaching, is in advanced talks to acquire civil services coaching institute Drishti IAS.

EdTech
M&AAcquisition · Announced

Cl educate acquires NSEIT Limited

Shardul Amarchand Mangaldas & Co. advised CL Educate Limited in relation to the acquisition of 100% share capital of NSEIT Limited from NSE Investments Limited.

M&AAcquisition · Completed

Cl educate acquires Nse it

NSE IT, an arm of the National Stock Exchange of India (NSE), has announced the successful closure of the sale of its digital exam assessment (DEX) business to CL Educate.

M&AMerger · Announced

Unacademy acquires Allen career institute

Unacademy, one of India’s prominent edtech firms, is reportedly in advanced discussions with Allen Career Institute for a potential merger.

Edtech
M&AMerger · Rumored

Allen career institute acquires Unacademy

Talks of a merger between the two parties have been going on for months but promoters of Allen — the Maheshwari family — have not yet agreed to the deal terms.

Edtech

Test preparation chains companies in India, by revenue

Browse test preparation chains 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 70 test preparation chains 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

Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams

Test preparation chains
₹3,306.88 crFY 2024-25
-5%2024–2025
10,015recorded
38 yr1988
2postings · last posted Aug 2026

Coaching institute that provides training for various competitive exams including IIT-JEE, NTSE, NSEJS, KVPY, and Olympiad

Test preparation chains
₹577.70 crFY 2022-23
+25%2022–2023
2,753+22% 12 mo to Nov 2023LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Chain of centers providing government exam preparation solutions

Test preparation chains
₹518.27 crFY 2024-25
+40%2024–2025
226+283% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
1postings · last posted Aug 2026

Provider of coaching and study material for civil service examinations

Test preparation chains
₹384.28 crFY 2024-25
-10%2024–2025
1,098-1% 12 mo to Sep 2024LinkedIn · Jul 2026
27 yr1999
15postings · last posted Aug 2026

K-12 education, vocational training and test prep provider

Test preparation chains
₹332.41 crFY 2023-24
+12%2023–2024
326+89% vs previous recordLinkedIn · Jul 2026
30 yr1996
0none in 3 months

Coaching institute for Government jobs

Test preparation chains
₹240.20 crFY 2024-25
-1%2024–2025
152+0% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Institute for Civil Services Examination

Test preparation chains
₹218.21 crFY 2022-23
Not reported
65+10% 12 mo to Sep 2024recorded Sep 2024
50 yr1976
1postings · last posted Aug 2026

Centre providing coaching classes for post graduate level government entrance exams

Test preparation chains
₹195.01 crFY 2023-24
-21%2023–2024
290+10% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months

IITJEE Coaching

Test preparation chains
₹179.92 crFY 2022-23
Not reported
353-34% 12 mo to Sep 2024recorded Sep 2024
25 yr2001
—No postings tracked

IITJEE coaching organization

Test preparation chains
₹167.77 crFY 2024-25
Not reported
1,218+29% 12 mo to Jul 2024LinkedIn · Jul 2026
40 yr1986
1postings · last posted Aug 2026

Offers in-person coaching classes for postgraduate medical college entrance exams

Test preparation chains
₹108.98 crFY 2022-23
Not reported
190+54% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Provider of UPSC Civil Services coaching

Test preparation chains
₹103.62 crFY 2024-25
+4%2024–2025
219+59% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Test preparation courses

Test preparation chains
₹100.92 crFY 2024-25
-9%2024–2025
946-7% 12 mo to Feb 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Chain of institutes for IIT-JEE, AIEEE & Pre-Medical coaching

Test preparation chains
₹91.25 crFY 2022-23
+54%2022–2023
1,393-8% 12 mo to Jul 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Computerized Account Training

Test preparation chains
₹84.39 crFY 2021-22
Not reported
2,377-15% 12 mo to Sep 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Educational Institutions

Higher education institutions
₹83.39 crFY 2022-23
Not reported
30,000recorded
47 yr1979
3postings · last posted Sep 2026

Coaching centre for preparation of IIT-JEE main & advanced and NEET UG courses

Test preparation chains
₹80.93 crFY 2024-25
+11%2024–2025
1+25% 12 mo to Aug 2023LinkedIn · Jul 2026
35 yr1991
0none in 3 months

IITJEE Coaching institute and Junior Science college

Test preparation chains
₹56.66 crFY 2024-25
-22%2024–2025
422+346% vs previous recordLinkedIn · Jul 2026
27 yr1999
0none in 3 months

IIT-JEE coaching

Test preparation chains
₹49.53 crFY 2021-22
Not reported
212LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted May 2026

Offers in-person coaching classes for preparation of postgraduate level engineering exams

Test preparation chains
₹48.88 crFY 2024-25
-18%2024–2025
49+56% 12 mo to Aug 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Chains providing test preparation and university admission counseling services

Test preparation chains
₹45.23 crFY 2024-25
-12%2024–2025
438+1231% vs previous recordLinkedIn · Jul 2026
33 yr1993
0none in 3 months

Offers coaching classes for preparation of language proficiency exams

Test preparation chains
₹35.45 crFY 2021-22
Not reported
—Not available
22 yr2004
1postings · last posted Sep 2026

Chain of institutes for preparation of entrance exams at graduate and postgraduate level

Test preparation chains
₹30.83 crFY 2024-25
+4%2024–2025
2,172+3% 12 mo to Feb 2024LinkedIn · Jul 2026
34 yr1992
1postings · last posted Aug 2026

Provider of coaching classes for IAS exam

Test preparation chains
₹24.40 crFY 2021-22
Not reported
36-8% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
—No postings tracked

Offer offline private tutoring for preparation of various type of exams

Test preparation chains
₹27.62 crFY 2024-25
-36%2024–2025
255LinkedIn · Jul 2026
29 yr1997
0none in 3 months
50 of 266 companies shown here · the full list is on Radar
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Explore all 266 test preparation chains companies in India on Radar

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

Open test preparation chains in India on Radar
  • Every company, not just 50All 266 test preparation chains 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.
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Explore test preparation chains companies in India by what you are looking for

Browse top test preparation chains companies in India, from engineering and medical entrance coaching to government exam preparation. You can also find test preparation startups in India and coaching chains that are hiring.

9 ways to explore test preparation chains in India

Government & civil services exam coachingEngineering & medical entrance coaching (JEE, NEET)MBA, CAT & postgraduate entrance coachingFinance & professional certification exam coachingLanguage proficiency & study abroad test prepOnline & digital test preparation companies

Government & civil services exam coaching

Coaching chains for UPSC, civil services and other government exams.

  1. Veranda Learning

    Chain of centers providing government exam preparation solutions

    Test preparation chains
    See in list
  2. Drishti IAS

    Provider of coaching and study material for civil service examinations

    Test preparation chains
    See in list
  3. Career Power

    Coaching institute for Government jobs

    Test preparation chains
    See in list
  4. Vajiram & Ravi

    Institute for Civil Services Examination

    Test preparation chains
    See in list
  5. Galaxy Classes

    Centre providing coaching classes for post graduate level government entrance exams

    Test preparation chains
    See in list

Engineering & medical entrance coaching (JEE, NEET)

Coaching centres for IIT-JEE, NEET and other engineering and medical entrance exams.

  1. Allen Career Institute

    Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams

    Test preparation chains
    See in list
  2. FIITJEE

    Coaching institute that provides training for various competitive exams including IIT-JEE, NTSE, NSEJS, KVPY, and Olympiad

    Test preparation chains
    See in list
  3. BASE

    Coaching centre for preparation of IIT-JEE main & advanced and NEET UG courses

    Test preparation chains
    See in list
  4. Bakliwal Tutorials

    IIT-JEE coaching

    Test preparation chains
    See in list
  5. Lakshya Institute

    IIT JEE Coaching

    Test preparation chains
    Website

MBA, CAT & postgraduate entrance coaching

Coaching for management, law, design and other postgraduate entrance tests.

  1. Endeavor Careers

    Coaching Institute for MBA entrance exams

    Test preparation chains
    Website
  2. Mindworkzz

    Offers coaching institute for preparation of PG management tests such as CAT, GMAT & CMAT

    Test preparation chains
    See in list
  3. EduShastra

    Institute providing college entrance exam preparation solutions

    Test preparation chains
    Website
  4. Erudite

    Offers coaching classes for preparation of postgraduate level management exams

    Test preparation chains
    Website
  5. MJ Academy

    Offers instructor-led coaching classes for global management exams such as GRE, GMAT, SAT, IELTS and TOEFL.

    Test preparation chains
    Website

Finance & professional certification exam coaching

Coaching for accounting, finance and professional certification exams.

  1. ICA

    Computerized Account Training

    Test preparation chains
    See in list
  2. Navkar Institute

    Provider of professional coaching for accounting and finance exams

    Continuing education centres
    See in list
  3. VSI

    Offers coaching classes for the preparation of CA/CS exams

    Test preparation chains
    See in list
  4. Aldine CA

    Chartered Accountant coaching classes

    Test preparation chains
    See in list
  5. MyLogic Business Management School

    Chain of education centre providing professional career courses

    Test preparation chains
    See in list

Language proficiency & study abroad test prep

Preparation for language proficiency exams and international admissions.

  1. Jamboree

    Chains providing test preparation and university admission counseling services

    Test preparation chains
    See in list
  2. Fateh Education

    Offers coaching classes for preparation of language proficiency exams

    Test preparation chains
    See in list
  3. Enbee Education Center

    Offer offline private tutoring for preparation of various type of exams

    Test preparation chains
    See in list
  4. CPS Global

    Provider of English language proficiency tests for education and career advancement

    Test preparation chains
    Website
  5. Oxford PTE

    Provider of online english language testing services, exam preparation materials, and practice materials

    Test preparation chains
    Website

Online & digital test preparation companies

Digital and self-paced platforms for exam preparation.

  1. VVT Coaching Centre

    Platform offering comprehensive preparation solutions for competitive entrance examinations in the medical and engineering fields

    Test preparation chains
    See in list
  2. Career Endeavour

    Provider of coaching and study material for science entrance examinations

    Test preparation tech
    Website
  3. Inteflux Academy

    Provider of online and offline educational programs for secondary and higher secondary students

    Test preparation chains
    Website
  4. Aspirant IAS

    Provider of daily current affairs and study materials for UPSC exams

    Test preparation chains
    Website
  5. Masterclassspace

    Provider of test preparation and international admission consulting services

    Test preparation chains
    Website

Test preparation startups in India

Newer test preparation companies founded in recent years.

  1. MyLogic Business Management School

    Chain of education centre providing professional career courses

    Test preparation chains
    See in list
  2. Khan Global Studies

    Platform offering learning solutions for competitive exams

    Test preparation chains
    Website
  3. Inteflux Academy

    Provider of online and offline educational programs for secondary and higher secondary students

    Test preparation chains
    Website
  4. Apticube

    Chain of coaching institute offers preparation for undergraduate courses entrance exams

    Test preparation chains
    Website
  5. FB4I Classes

    Centre offering coaching to crack JEE and NEET entrance exam

    Test preparation chains
    Website
12 companies in India

Test preparation chains hiring in India

Test preparation companies with open jobs right now.

  1. Allen Career Institute

    Chain of coaching providing coursers for pre-medical, IIT JEE, AIEEE and other engineering entrance exams

    Test preparation chains
    See in list
  2. Veranda Learning

    Chain of centers providing government exam preparation solutions

    Test preparation chains
    See in list
  3. Drishti IAS

    Provider of coaching and study material for civil service examinations

    Test preparation chains
    See in list
  4. Vajiram & Ravi

    Institute for Civil Services Examination

    Test preparation chains
    See in list
  5. Vidyamandir Classes

    IITJEE coaching organization

    Test preparation chains
    See in list
15 companies in India

Listed test preparation companies in India

Publicly listed test preparation and coaching companies.

  1. Veranda Learning

    Chain of centers providing government exam preparation solutions

    Test preparation chains
    See in list
  2. CLEducate

    K-12 education, vocational training and test prep provider

    Test preparation chains
    See in list
  3. Career Point

    Chain of institutes for IIT-JEE, AIEEE & Pre-Medical coaching

    Test preparation chains
    See in list
3 companies in India
Mobile reach

Top 10 test preparation chains apps from India

The most-installed Android apps published by test preparation chains companies headquartered in India — 34.6M installs between them. 51 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

ALLEN - JEE, NEET, Class 6-10

by ALLEN

Installs9.1M
Rating3.9839K ratings
Installs, year on year+71%
Last updatedJun 2026
View on Google Play ↗
ALLEN - JEE, NEET, Class 6-10 screenshot 1ALLEN - JEE, NEET, Class 6-10 screenshot 2ALLEN - JEE, NEET, Class 6-10 screenshot 3ALLEN - JEE, NEET, Class 6-10 screenshot 4ALLEN - JEE, NEET, Class 6-10 screenshot 5ALLEN - JEE, NEET, Class 6-10 screenshot 6
3

VISION IAS

by Vision IAS

Installs2.3M
Rating4.6246K ratings
Last updatedMar 2026
View on Google Play ↗
VISION IAS screenshot 1VISION IAS screenshot 2VISION IAS screenshot 3VISION IAS screenshot 4VISION IAS screenshot 5VISION IAS screenshot 6
4
Installs1.9M
Rating—
Installs, year on year+22%
Last updatedMar 2026
View on Google Play ↗
nLearn screenshot 1nLearn screenshot 2nLearn screenshot 3nLearn screenshot 4nLearn screenshot 5nLearn screenshot 6
5

DAMS | NEET PG, FMGE

by DAMS

Installs1.7M
Rating4.2326K ratings
Last updatedJun 2026
View on Google Play ↗
DAMS | NEET PG, FMGE screenshot 1DAMS | NEET PG, FMGE screenshot 2DAMS | NEET PG, FMGE screenshot 3DAMS | NEET PG, FMGE screenshot 4DAMS | NEET PG, FMGE screenshot 5DAMS | NEET PG, FMGE screenshot 6
6

Motion Learning App

by Motion

Installs1.5M
Rating4.037K ratings
Last updatedJun 2026
View on Google Play ↗
Motion Learning App screenshot 1Motion Learning App screenshot 2Motion Learning App screenshot 3Motion Learning App screenshot 4Motion Learning App screenshot 5Motion Learning App screenshot 6
7

Vajiram IAS - UPSC Preparation

by Vajiram & Ravi

Installs1.0M
Rating3.6213K ratings
Last updatedApr 2025
View on Google Play ↗
Vajiram IAS - UPSC Preparation screenshot 1Vajiram IAS - UPSC Preparation screenshot 2Vajiram IAS - UPSC Preparation screenshot 3Vajiram IAS - UPSC Preparation screenshot 4Vajiram IAS - UPSC Preparation screenshot 5Vajiram IAS - UPSC Preparation screenshot 6
The business behind the activity

Test preparation chains financials in India

Revenue, profit and growth from the filed annual accounts of 56 test preparation chains companies in India for FY24-25 — 76 of the 266 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 78% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,057.23 cr

56 companies filing accounts

combined net profit₹103.42 cr

2.0% aggregate margin

are profitable66%

37 of 56 companies

median revenue~₹11.4 cr

the typical company

median revenue growth-3%

into FY24-25

earned by the top five78%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,578.36 crFY19-2059 filers
₹1,478.56 crFY20-2159 filers
₹1,778.32 crFY21-2260 filers
₹4,664.70 crFY22-2360 filers
₹5,465.66 crFY23-2459 filers
₹5,057.23 crFY24-2556 filers

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

Like-for-like

The same 54 companies over three years

+27%
FY22-23₹3,958.65 cr₹184.70 cr net
FY23-24₹5,218.64 cr₹241.23 cr net
FY24-25₹5,033.55 cr₹99.69 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 cr1050% profitable
₹1–10 cr1759% profitable
₹10–100 cr2277% profitable
₹100–1,000 cr667% 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

Shrinking31
0–20%13
20–50%6
50–100%4
Doubled+2

56 companies with accounts for both years; median growth -3%.

Profitability

Profit is concentrated at the top

37profitable
19loss-making
2.0%aggregate margin
1.6%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
Veranda LearningVERANDA LEARNING SOLUTIONS LIMITED+69%₹98.00 cr
ArivuProARIVU EDUCATIONAL CONSULTANTS PRIVATE LIMITED
Vibrant Academy IndiaVIBRANT ACADEMY (INDIA) PRIVATE LIMITED
Navkar InstituteNAVKAR DIGITAL INSTITUTE PRIVATE LIMITED
Fateh EducationFATEH EDUCATION CONSULTING PRIVATE LIMITED+22%₹79.74 cr
ChaitanyasacademyKRISHNA CHAITANYA EDUCARE PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
T.I.M.E. (Triumphant Institute of Management Education)TRIUMPHANT INSTITUTE OF MANAGEMENT EDUCATION PRIVATE LTD.67.5%₹10.98 cr
Bakliwal TutorialsBAKLIWAL TUTORIALS PRIVATE LIMITED45.0%₹103.57 cr
Narayana groupGreen Ivy Ventures Private Limited30.2%₹160.90 cr
Bansal ClassesBANSAL CLASSES PRIVATE LIMITED
Navkar InstituteNAVKAR DIGITAL INSTITUTE PRIVATE LIMITED
Enbee Education CenterENBEE EDUCATION CENTER PRIVATE LIMITED18.3%₹27.62 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Test preparation chains53₹4,869.03 cr~₹11.0 cr64%1.0%
Leaders

Largest test preparation chains companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Allen Career Institute, ALLENALLEN CAREER INSTITUTE PRIVATE LIMITED₹3,306.88 cr₹41.19 cr1.2%-5%
Career PowerMetis Eduventures Private Limited₹175.50 cr−₹57.56 cr-32.8%+6%
Vidyamandir ClassesVIDYA MANDIR CLASSES LIMITED₹167.77 cr−₹21.49 cr-12.8%-16%
Narayana groupGreen Ivy Ventures Private Limited₹160.90 cr₹48.62 cr30.2%+20%
MotionMOTION EDUCATION PRIVATE LIMITED₹110.13 cr₹5.60 cr-0%
NEXT IASMADE EASY LEARNINGS PRIVATE LIMITED₹103.62 cr₹4.52 cr4.4%+5%
Bakliwal TutorialsBAKLIWAL TUTORIALS PRIVATE LIMITED₹103.57 cr₹46.56 cr45.0%-13%
Veranda LearningVERANDA LEARNING SOLUTIONS LIMITED₹98.00 cr−₹3.85 cr-3.9%+69%
Resonance EduventuresRESONANCE EDUVENTURES LIMITED₹96.36 cr−₹77.00 lakh-0.8%-20%
BASEBASE EDUCATIONAL SERVICES PRIVATE LIMITED₹80.93 cr₹12.31 cr15.2%+11%
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

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full test preparation chains 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 test preparation chains 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

Test preparation chains funding and M&A across India

17 recorded equity rounds have gone to 346 test preparation chains 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 months0

US$0k

equity rounds, last 24 months0

US$0k

raised over five yearsUS$846.90m

2 rounds in India

M&A deals, India12

last 24 months

Capital by year

Equity funding into test preparation chains in India

amount rounds
$847m20222

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$846.90m across 2 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

Series D+US$846.90m2 rounds · median US$423.45m
Where the money went · five years

Most-funded sub-sectors

Test preparation chainsUS$600.00m1 rounds · 1 companies
Academic tutoringUS$246.90m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

9Acquisition
3Merger

Most active acquirers

  1. Veranda learning4
  2. SNVA EduTech Ltd2
  3. Physicswallah2
  4. Cl educate2
  5. Unacademy1

Most acquired or merged

  1. Veranda learning2
  2. Drishti ias2
  3. SNVA EduTech1
  4. Veranda XL Learning Solutions Pvt Ltd1
  5. NSEIT Limited1

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

Test preparation chains funding in India

11 test preparation chains companies in India have recorded equity funding, US$947.41m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind test preparation chains companies in India. 140 of 266 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India test preparation chains companies by sub-sector

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

Keep exploring test preparation chains in India and nearby markets.

Coming soon