EDTECH
COMPETITORS
ININDIA
Presented by Prachita Dhameja
STUDIFYSUCCESS
INTRODUCTION
India’s EdTech market is one of the world’s largest
market. Students learn through apps,videos,live
classes.
Main areas:
School learning (K–12)
Competitive exams
Career and skill-based courses
BYJU’S – K–12 & test prep, early market leader
Physics Wallah (PW) – Low-cost JEE/NEET prep
Vedantu – Live online tutoring for school students
Unacademy – Exam prep (UPSC, SSC, banking, etc.)
Toppr – School and test prep, now part of BYJU’S
upGrad – Higher education and job skills
Adda247 – Government exam preparation
Doubtnut – App for solving school/student doubts using AI +
human support
TOPPLAYERS
PLATFORM REVENUE FUNDING/VALUATION
BYJU’S Not disclosed (facing major losses) Was $22B (₹1.8 lakh Cr) – Now in crisis
PHYSICSWALLAH ₹772 Cr (FY23 standalone) $210M raised (2024) → Valued at $2.8B
VEDANTU ₹284 Cr (FY25 est.) Over $300M raised
UNACADEMY ₹988 Cr (FY24) $880M total funding → $3.4B valuation (2021)
UPGRAD ₹1,547 Cr (FY24 net revenue) $320M+ raised →Valued at $2.25B (2024)
TOPPR Not disclosed (now part of BYJU’S) $112M raised before being acquired (2021)
ADDA247 Not public – profitable ₹160 Cr raised →Estimated $1B valuation
DOUBTNUT Not public Raised ~$90M
BYJU’S: Premium bundles + EMI + festive deals
PW: Very low cost (₹500–₹15K), rarely discounts
Vedantu: Subscriptions + free trial classes
Unacademy: launch and referral discounts
Toppr: Basic free + paid upgrades
upGrad: Expensive (professional), EMI & early-bird deals
Adda247: Budget exam packs + app coupons
Doubtnut: Free basic doubt solving + subscription for more access
PRICINGANDDISCOUNTS
HOWTHEYACQUIRECUSTOMERS?
YouTube channels: PW, Unacademy, Adda247, Doubtnut
Online ads & webinars: Vedantu, upGrad
TV ads & school partnerships: BYJU’S, Toppr
Offline presence: PW and Unacademy have coaching centres
App-based distribution: Adda247, Doubtnut, Unacademy
PLATFORM STRENGHTS WEAKNESSES
BYJU’S Strong legacy & wide reach Financial troubles, overexpansion
PHYSICSWALLAH Affordable, trusted teachers Limited to few fields only
VEDANTU Live classes, growing sustainably Less known than BYJU’S
UNACADEMY Wide exam coverage + influencers Still making losses
UPGRAD Career-focused, high ROI High cost & stiff competition
TOPPR Freemium model, school prep Loss of brand identity after 2021
ADDA247 Deep reach in government exam space limited to few areas
DOUBTNUT AI + human doubt solving, regional reach videos quality-not good
MARKET TRENDS 2025
People want
quality +
affordable
education
YouTube-
based
learning is
trusted
more
Offline +
Online
(Hybrid) is
growing
Companies
are focusing
less on ads
and more
on results
FINALKEYTAKEAWAYS
BYJU’S downfall is reshaping the EdTech
hierarchy
Physics Wallah and Vedantu are leading
affordable, profitable models
Specialization wins: Adda247 (govt jobs),
upGrad (skilling)
Sustainability, trust, and reach will define the
next wave of EdTech leaders
SOURCES
Economic Times
Business Standard
Official websites
MoneyControl
Entrackr
1
2
3
4
5
THANK
YOU!
STUDIFYSUCCESS

competitors.pdf……………………………………………………………)/₹/₹

  • 1.
  • 2.
    INTRODUCTION India’s EdTech marketis one of the world’s largest market. Students learn through apps,videos,live classes. Main areas: School learning (K–12) Competitive exams Career and skill-based courses
  • 3.
    BYJU’S – K–12& test prep, early market leader Physics Wallah (PW) – Low-cost JEE/NEET prep Vedantu – Live online tutoring for school students Unacademy – Exam prep (UPSC, SSC, banking, etc.) Toppr – School and test prep, now part of BYJU’S upGrad – Higher education and job skills Adda247 – Government exam preparation Doubtnut – App for solving school/student doubts using AI + human support TOPPLAYERS
  • 4.
    PLATFORM REVENUE FUNDING/VALUATION BYJU’SNot disclosed (facing major losses) Was $22B (₹1.8 lakh Cr) – Now in crisis PHYSICSWALLAH ₹772 Cr (FY23 standalone) $210M raised (2024) → Valued at $2.8B VEDANTU ₹284 Cr (FY25 est.) Over $300M raised UNACADEMY ₹988 Cr (FY24) $880M total funding → $3.4B valuation (2021) UPGRAD ₹1,547 Cr (FY24 net revenue) $320M+ raised →Valued at $2.25B (2024) TOPPR Not disclosed (now part of BYJU’S) $112M raised before being acquired (2021) ADDA247 Not public – profitable ₹160 Cr raised →Estimated $1B valuation DOUBTNUT Not public Raised ~$90M
  • 5.
    BYJU’S: Premium bundles+ EMI + festive deals PW: Very low cost (₹500–₹15K), rarely discounts Vedantu: Subscriptions + free trial classes Unacademy: launch and referral discounts Toppr: Basic free + paid upgrades upGrad: Expensive (professional), EMI & early-bird deals Adda247: Budget exam packs + app coupons Doubtnut: Free basic doubt solving + subscription for more access PRICINGANDDISCOUNTS
  • 6.
    HOWTHEYACQUIRECUSTOMERS? YouTube channels: PW,Unacademy, Adda247, Doubtnut Online ads & webinars: Vedantu, upGrad TV ads & school partnerships: BYJU’S, Toppr Offline presence: PW and Unacademy have coaching centres App-based distribution: Adda247, Doubtnut, Unacademy
  • 7.
    PLATFORM STRENGHTS WEAKNESSES BYJU’SStrong legacy & wide reach Financial troubles, overexpansion PHYSICSWALLAH Affordable, trusted teachers Limited to few fields only VEDANTU Live classes, growing sustainably Less known than BYJU’S UNACADEMY Wide exam coverage + influencers Still making losses UPGRAD Career-focused, high ROI High cost & stiff competition TOPPR Freemium model, school prep Loss of brand identity after 2021 ADDA247 Deep reach in government exam space limited to few areas DOUBTNUT AI + human doubt solving, regional reach videos quality-not good
  • 8.
    MARKET TRENDS 2025 Peoplewant quality + affordable education YouTube- based learning is trusted more Offline + Online (Hybrid) is growing Companies are focusing less on ads and more on results
  • 9.
    FINALKEYTAKEAWAYS BYJU’S downfall isreshaping the EdTech hierarchy Physics Wallah and Vedantu are leading affordable, profitable models Specialization wins: Adda247 (govt jobs), upGrad (skilling) Sustainability, trust, and reach will define the next wave of EdTech leaders
  • 10.
    SOURCES Economic Times Business Standard Officialwebsites MoneyControl Entrackr 1 2 3 4 5
  • 11.