Pandemic revolves India into Edtech capital of the world

CioreviewIndia team | Friday, 12 March 2021, 07:16 IST

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EdtechSeveral Indian ed tech firms are witnessing a sharp rise in international enrollments as demand for AI, ML, data sciences and cloud computing bring in more learners. Switzerland-based kiteboarder and translator Ursina Sanderink (25), has enrolled with Simplilearn as it was cheaper and within her budget.

Simplilearns’s founder and CEO Krishna Kumar said, “About 60% of our revenues are from overseas markets.” The education tech platform saw global learners’ enrolment growth at 70% in 2020-2, as compared to prior 45% growth in the past year.

Besides the US, the firm saw demand coming from Canada, UAE, Thailand, South Africa, and Saudi Arabia.

Great Learning, initiated in 2019, witnessed a 5x growth in overseas student enrolment at over 10,000 students between March, 2020and March, 2021, over 2019.

Its co-founder Arjun Nair says, “Demand for our courses is largely due to their longer tenure (six-month courses), compared to those offered in the international market which re about 10-12 weeks long. The price point is also onpar with international competitors making it an attractive offer.” “Cost of operations is much cheaper in India, mirroring the manpower cot. In a foreign country it would cost $1,20,000 to hire a teaching staff for Data Science, in India it costs only $30,000.” Edtech platform upGrad said it has seen enrolment from abroad doubled to over 400, across 50countries, in the last one year. Its co-founder and MD Mayank Kumar said. “In this quarter (JFM 2021 ) we have almost reached 400 learners, and given the remaining days in March and the kind of trend we see during March end (appraisals) we’re quite confident that we’ll easily have a hundred more”. All these Indian EdTech firms have signed patnership agreements with global universities in 2020.

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