Tag: Edtech

IIT graduates flock to edtech: A new career frontier with high salaries

Such a scenario—an IIT graduate imparting training to wannabe IITians for entry into the hallowed institution—works for all parties. The coaching institute gets teachers of calibre who are also marketable. The aspiring engineer and her parents are happy that the training is being imparted by someone who has cracked the entrance code. And the IIT grad, who was probably struggling to get a well-paying job otherwise, is happy about landing one. “Over the last five years, the edtech and coaching sector would have hired 3,000-5,000 IITians who are fresh out of campus or under five years of work experience,” said ... Read more

Eruditus to deepen its India presence to grow

Gurugram: Softbank-banked edtech firm Eruditus is looking to further expand its presence in India through more partnerships with institutions that offer both degree and non-degree programs, the company’s co-founder Chaitanya Kalipatnapu said. The company, which receives 70% of its revenues from overseas markets, sees about 40% of its enrolments from the US, 25% from India and 33-35% from other global markets where it operates. In FY23, the company’s revenue from operations surged more than 70% to ₹3,343 crore, from ₹1,962 crore a year earlier. “The number of Indians who want to learn or educate is less than 10% when it ... Read more

Students heading abroad to beat pre-pandemic numbers in 2022

MUMBAI : After two years of massive disruption in their plans, Indian students are set to resume flocking to foreign universities in even larger numbers this year, aided by easing visa rules and mobility restrictions. Edtech companies estimate the number of Indian students heading to the US, UK, Australia, Canada, and Europe will not only revert to the pre-pandemic numbers but, in some cases, even increase multifold. The biggest beneficiary could be UK, which is expected to see an almost 600% jump in Indian students this year compared with 2019. There is also a surge in visa applications and student ... Read more