EdTech industry has taken a pace towards success it may seem. With the current situation around the lockdown due to COVID19, the EdTech industry has become more of a necessity. More and more people are signing up their children for these online classed to help them catch up with their studies.
Even though the global economy has been hit severely, the EdTech industry has been doing pretty well. In fact, there are 10 ed-tech startups that have successfully raised money despite the lockdown in the country according to Tracxn, a data intelligence platform.
1. Oda Class
Founded by Shushant Srivastav, ODA Class is an online platform that provides live video sessions for students with teachers.
Funding Date: 02 Mar’20
Amount: Undisclosed
2. Callido Learning
Funding Date: 07 Mar’20
Amount: Undisclosed
3. CollegeKhabri
CollegeKhabri offers an online platform for the selection of Educational Courses, Colleges, and Universities in India and Abroad.
Funding Date: 13 Mar’20
Amount: Undisclosed
4. Univariety
Launched in 2015, Univariety is India’s foremost Career Counselling, Guidance, and College Planning platform.
Funding Date: 20 Mar’20
Amount: $1.1 Million
5. Auxilo
Auxilo Finserve Pvt Ltd is the newest NBFC to enter the ‘Non-Collateral Education Loan’ sector.
Funding Date: 26 Mar’20
Amount: $6.7 Million
6. Lido Learning
Lido is an ed-tech company revolutionizing formal classroom education through a unique and immersive online classroom for every child in India.
Funding Date: 30 Mar’20 & 07 Apr’20
Amount: $3 Million & $7.5 Million
7. Camp K12
Founded by MIT / Harvard team, Camp K12 is an interactive online coding class with a live teacher.
Funding Date: 02 Apr’20
Amount: $4 Million
8. Vedantu
Vedantu is an Indian Interactive Online tutoring platform where teachers provide school tuitions to students over the internet, using a real-time virtual learning environment named WAVE a technology built in-house.
Funding Date: 08 Apr’20 & 24 April’20
Amount: $12.6 Million & $ 7 Million
9. Pedagogy
Funding Date: 30 Apr’20
Amount: $400,000
10. Classplus
Classplus is a mobile-first SaaS platform that enables private coaching institutes and their tutors to streamline their content distribution, payments, communication, and online assessments through the app
Funding Date: 04 May’20
Amount: $9 Million