Edtech sector skyrockets, transforming Indias entire learning landscape
With increased internet penetration and smartphone usage, millions of Indian learners are embracing online courses, test preparation, and skill development programs offered by these platforms.
In a dramatic shift, India's education landscape is undergoing a remarkable transformation with the exponential rise of the EdTech (Educational technology) sector.
The nation, known for its commitment to education, is witnessing a digital revolution that is empowering students and educators alike.
EdTech platforms are bridging the gaps in access to quality education, especially in remote areas, by delivering interactive and personalized learning experiences.
Riding edtech trend, ExcelR has achieved a growth rate of 580 per cent from FY21 to FY23. In FY23 alone, the company recorded a staggering revenue of 55 crore, marking a remarkable growth of 170 per cent compared to the previous fiscal year. The company's EBIDTA margin stands at 27.5 per cent. The company further aims to achieve Rs 250 crore in the next three years.
Ram Tavva, founder and CEO of ExcelR, expressed his delight at the company's exceptional performance, stating, "We are immensely proud of our achievements in the face of industry-wide challenges. ExcelR's growth and profitability are a testament to our team's relentless dedication, our customer-centric approach, and our focus on delivering high-quality educational solutions. We remain committed to revolutionizing the edtech space in India and empowering learners to unlock their full potential."
With its headquarters based in Bengaluru, ExcelR has become synonymous with quality training, bridging the gap between aspiring IT professionals and industry requirements.
ExcelR's impressive repertoire of courses caters to a diverse range of disciplines and industry demands. From specialized training in Amazon Web Services (AWS) to becoming a Certified Scrum Master (CSM) or delving into Data science, Full Stack Development, Automated testing, Artificial Intelligence, ExcelR covers it all. With over 75 courses offered, the institute has partnered with leading companies such as IBM and NASSCOM to provide comprehensive and up-to-date training.
With increased internet penetration and smartphone usage, millions of Indian learners are embracing online courses, test preparation, and skill development programs offered by these platforms. The EdTech boom in India is redefining traditional classrooms, revolutionizing education, and unlocking a world of opportunities for learners across the nation.
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