With the onset of the pandemic in March 2020, the rise of India’s Ed-tech sector is a story that has unfolded in multiple ways. The sector raised almost $3,8Bn in funding, adding 2 unicorns to the expanding list of Unicorns in India.
The lockdown and fear of Covid-19 led to the adoption of ed-tech platforms by educational institutes across K12 and higher education segments. According to a report by RedSeer and Omidayar Network, the number of students online stands at 90 million and is only slated to grow in the coming days. With the world slowly moving and adopting a hybrid approach, the education sector too will witness a mix of both physical and digital classrooms, thereby. fostering the growth of the online education space.
Amidst these unprecedented times, not only the existing edtech platforms persist, but also a number of new learning platforms bloomed during this phase. Below is a list of the top 5 edtech platforms that stood out as test preparation platforms for government and banking exams:
Oliveboard is an online learning and assessment platform for MBA, Banking, SSC, Railways, Insurance and Government Job exams. Students are prepped for success using Live Sessions and Video lectures, Up to date comprehensive course material, Live Group Practice Sessions, Customized Study Planners, All India Test Series, Practice Tests and Analytics for instant feedback. Users can access Oliveboard’s courses on their computers, laptops or on an app using their smartphones. They have recently introduced #GharPeCoaching, a free course with online classes for preparation for all banking exams. The platform is accessible to students in Hindi and English and will cover topic videos, live tuitions with top faculty and special practice sessions with mock tests.
Oliveboard is a learning and assessment platform where candidates are given assistance for more than 50+ graduate-level India specific exams. They have presently expanded their footprint to more than 2500 cities in India. The platform currently supports 50 government exams and has plans to add 100+ National and State-level exams to its bouquet of offerings. Oliveboard has recently crossed the milestone of 9 million registered users on their platform and aims to add another 5 million over the next 12 months. The company is also ramping up to reach the magical 20 million milestones over the next 20 months.
Gradeup is India’s largest exam preparation platform for competitive exams. Through its website and app, it helps more than 1.3 crores registered students across 2500 cities in the country to prepare actively for various exams and score better. Gradeup is determined to be the most comprehensive and effective exam preparation platform for students in India. Established in the year 2015, Gradeup has become a go-to platform for many exams like JEE, NEET, GATE, SSC, Banking, Railways, Teaching, UPSC, Defence and State level exams.
The preparation market for government jobs in India is valued to be at $5 billion and Testbook is an edtech startup that caters to this audience. The company has claimed that it currently serves close to 90 million applicants each year with a big success rate. The startup claims to improve exam scores by 53% and selection rate in government exams by 7%. It follows a freemium model where 15% of the content on the platform is available for free and online mock tests are available at a yearly subscription fee of INR 700.
Established in 2017, it is one of the fastest-growing learning platforms with the vision of affordable quality education available to all. It provides students training for GATE, IES, Civil Engineering, and Mechanical Engineering. To help them crack these competitive exams, the platform houses the biggest group of engineering experts including civil servants, senior professors, authors and senior professionals, who work together to deliver quality content. It enables the students to take lectures from anywhere and at any hour of the day. Moreover, it also runs special batches for college students with a highly affordable fee structure. The platform has numerous highly-placed officers (its ex-students) in central, state government and PSU companies to its credit.