India's education technology landscape is undergoing a monumental transformation. It’s no longer just an extension of the classroom.

The country's leading edtech companies are using cutting-edge technology and innovative business models to make high-quality, personalised education accessible to millions. 

From the rise of AI-powered learning to the strategic pivot toward hybrid physical and digital classrooms, the ed tech industry is a dynamic ecosystem of pioneers and emerging players. 

This shift is not just about digitizing textbooks; it's about fundamentally rethinking how, when, and where we learn.

With a massive student population and a growing need for upskilling, these education technology companies are at the forefront of a movement that is democratizing knowledge and bridging a critical skills gap.

Why Edtech Matters More Than Ever

The digital revolution has democratized access to information, but edtech is doing something more profound: it's democratizing access to great teaching. 

By creating platforms that are scalable, affordable, and highly engaging, edtech companies are empowering learners in Tier II and III cities, professionals seeking career changes, and students preparing for the world's most competitive exams. 

This new wave of learning is built on three key pillars:

• Personalization through AI: AI-driven tools are moving beyond simple content delivery to offer adaptive learning paths, real-time feedback, and data-driven insights that were previously impossible on a large scale.

• Accessibility and Affordability: Companies are creating models that make education a risk-free investment, like the "Pay after Placement" model, or are simply offering high-quality, low-cost preparation for government jobs and other exams.

• The Rise of Hybrid Learning: A post-pandemic reality has shown that purely online models are not a one-size-fits-all solution. Many edtech leaders are now strategically blending their digital offerings with a physical presence to build trust and provide more comprehensive support.  

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Top Edtech Companies in India

BYJU'S 

A pioneer in online learning, BYJU'S is well-known for its interactive and gamified content, primarily targeting K-12 students. 

The company’s growth has been fueled by an aggressive acquisition strategy, integrating other major players like Aakash Educational Services and Toppr to expand its ecosystem and market dominance. This approach has been a defining feature of its journey.  

Unacademy 

Originating as a YouTube channel, Unacademy has grown into a leading platform for competitive exam preparation. 

In recent years, the company has strategically shifted from a purely online model to a hybrid approach, investing heavily in a network of physical coaching centers to compete in a changing market. This pivot is a significant part of its ongoing business strategy.  

Physics Wallah 

Founded initially as a popular YouTube channel, Physics Wallah has successfully built a large-scale business on a foundation of low-cost, high-quality test preparation courses for exams like NEET and JEE. 

Its commitment to affordable education and a blended online-offline model has led the company to a landmark position, with an IPO filing to raise capital for further expansion.  

Vedantu 

Vedantu is known for its live, interactive online classes where students can engage directly with teachers in real-time. 

The company's business model centers on individualised tutoring and live sessions, and it continues to attract investor confidence with recent funding rounds, demonstrating a stable presence in the competitive K-12 segment.  

UpGrad 

UpGrad has specialized in professional upskilling and higher education, catering specifically to working professionals and individuals seeking career-focused certification. 

The company's ability to maintain a stable valuation in a volatile market is seen as a sign of strong investor confidence in its specialized, professional-centric model.  

Adda247 

This company has made a name for itself by focusing on the massive and underserved market of government and public sector job aspirants. 

Adda247 offers a wide range of content in over a dozen vernacular languages, demonstrating a clear "building for Bharat" strategy that caters to students in Tier II and III cities.  

Simplilearn 

Simplilearn is a global professional certification platform that provides world-class training programs in fields like IT and data science. 

The company has built a strong reputation for offering live, online classes led by industry experts to help both individuals and corporate clients with upskilling and reskilling.  

Classplus 

Classplus has a unique B2B2C model that empowers individual educators and content creators by providing them with a platform to manage their own online classrooms and build their own branded apps. 

This approach has proven successful, with a majority of its teaching base coming from Tier II cities and beyond.  

Leverage Edu 

As a platform for higher education counseling, Leverage Edu focuses on helping Indian students with their aspirations to study abroad. 

Its business model provides end-to-end support for admissions, courses, and scholarships, tapping into a high-growth segment of the education market.  

Toppr 

Founded in 2013, Toppr provided a learning app for K-12 students with a focus on live classes, tests, and recorded content. 

It was strategically acquired by BYJU'S in a move that highlighted the intense consolidation occurring in the edtech sector.   

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The Next Wave: Edtech Companies Forging New Paths

Beyond the established names, a new generation of edtech innovators is changing the game with specialized and highly focused business models.

Propelld 

Propelld is an ed-fin-tech platform that stands out by addressing a critical challenge: education financing. The company offers collateral-free, flexible digital education loans and "Study Now, Pay Later" products, focusing on students from Tier II and III cities who may struggle to get traditional financing. 

Its platform leverages a highly digitized process to ensure efficiency and security, allowing students to pursue their education with less financial burden.  

LEAD School 

LEAD School operates on a unique B2B SaaS model, providing a full-stack integrated system to affordable private schools. This platform helps schools improve learning outcomes by offering a proprietary digital curriculum, data-driven assessments, and management tools. 

The company has demonstrated a strong focus on profitability by dramatically reducing its losses, showcasing a sustainable path forward in the edtech space.  

Teachmint 

This company began as a SaaS platform for educators but has since made a significant strategic pivot toward an AI-powered digital board for teaching. 

This integrated solution uses an "EduAI" engine to automate lesson planning, generate dynamic content, and provide real-time analytics for teachers. 

By combining hardware and software, Teachmint aims to help schools save on expensive content subscriptions and simplify classroom workflows.  

Doubtnut 

Doubtnut became a popular name for its innovative use of technology to solve a common student problem: doubt resolution. The app used image recognition to provide instant video solutions for questions, catering to the K-12 segment and competitive exam aspirants. 

The company's acquisition by Allen Career Institute in late 2023 is a prime example of a traditional coaching giant integrating a tech-native platform to bolster its digital footprint.  

Extramarks 

As a long-standing player in the market since 2007, Extramarks has successfully evolved its business model to stay competitive. It offers comprehensive K-12 and test preparation solutions through its signature "Learn-Practice-Test" pedagogy. 

In a strategic move to adapt to modern trends, the company has launched a new "Extra Intelligence" AI-powered education suite.  

CollegeDekho 

CollegeDekho is a platform that simplifies the often-overwhelming process of higher education and college admissions. 

The company provides personalised counselling, career guidance, and assistance with admissions, helping students make informed decisions. 

Its business model is backed by a mature approach to financing, including the use of structured debt, which signals strong confidence in its revenue streams.  

Testbook 

This company has built a strong reputation in the highly competitive market of government and public sector job exams. 

It provides a capital-efficient platform with online mock tests, live classes, and study materials that are particularly popular with students from smaller cities. 

The company's success is a testament to its focus on a specific niche with high demand and clear outcomes.  

Sunstone University 

Sunstone has disrupted the higher education sector with its "Pay after Placement" (PAP) model. 

This unique approach means that students pay only a nominal upfront fee, with the remainder of their tuition due after they have secured a well-paying job. 

This model builds immense trust by directly aligning the company's financial success with the career outcomes of its students, addressing a major concern in the education market.  

iQuanta 

iQuanta has a unique origin story, starting as a bootstrapped Facebook community for CAT exam aspirants. 

It has since grown into a paid online coaching platform, with its success rooted in its community-first approach and the founder's personal involvement in resolving student doubts. 

This model demonstrates that a strong community and a student-centric approach can be a powerful alternative to the venture capital-driven model.  

Cuemath 

Cuemath is a digital learning platform for K-12 students with a specialization in math and coding. 

The company has shown a remarkable ability to adapt, shifting from a home-based teacher model to an online one, and is now pivoting again to a hybrid strategy with the launch of new physical learning centres. 

This blended approach is a strategic response to the evolving needs of the post-pandemic education market.  

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The Indian edtech sector is a reflection of the country's diverse and vast educational needs. The journey from generalist platforms to specialized, outcome-driven models is a clear sign of a maturing industry. 

The new wave of edtech companies is not just selling courses; they are building ecosystems that prioritize financial discipline, leverage technology like AI in meaningful ways, and are strategically blending the best of online and offline learning. 

These innovations are paving the way for a more resilient, accessible, and impactful future of education in India.

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Frequently Asked Questions (FAQs)

1. What is the latest on BYJU'S legal and financial issues? 

The company has been embroiled in significant legal and financial battles. As of July 2025, BYJU'S is facing insolvency proceedings due to a dispute over $1 billion in unpaid dues to US lenders. Additionally, the Karnataka High Court has barred founder Byju Raveendran from selling or transferring assets in a separate dispute with Qatar Holdings over a $235 million arbitral award.  

2. Why did Unacademy's founders exit their operational roles? 

Unacademy's co-founders Gaurav Munjal and Roman Saini stepped down from their operational roles in May 2025 to focus on a new venture called AirLearn, a language-learning app. This move followed the company's strategic decision to shift towards a more capital-intensive offline coaching business, a direction Munjal reportedly was not keen on leading.  

3. What are the key details of Physics Wallah's IPO filing? 

In September 2025, Physics Wallah filed an updated draft prospectus with SEBI for an IPO aiming to raise ₹3,820 crore. The funds are earmarked for significant investments, including new physical and hybrid centers, cloud infrastructure, and marketing initiatives, confirming the company's commitment to a blended learning model.  

4. How did Doubtnut get acquired, and what does it mean for the market? 

Doubtnut was acquired by the traditional coaching giant Allen Career Institute for a reported $10 million in December 2023. This acquisition is a key example of market consolidation. where an established offline player bought a tech-native startup to quickly expand its digital presence and leverage its user base.  

5. How is Extramarks using AI to stay competitive? 

Extramarks has launched an "Extra Intelligence" AI-powered education suite to provide a streamlined, data-driven learning environment for students, teachers, and administrators. This AI suite is part of a larger strategy to provide a total learning solution and is integrated into its "Learn-Practice-Test" pedagogy.  

6. What makes iQuanta's business model different? 

iQuanta is a bootstrapped company that has not taken any external funding, which is a rare model in the edtech space. Its success is built on a community-driven approach that started as a free Facebook group where founder Indrajeet Singh personally resolved doubts for CAT aspirants. The company's focus on a niche market and strong community engagement has allowed it to grow organically based on student results.