Tag: Edtech

Business

Edtech Acadigo Edu sets to expand market presence amid demand for study abroad opportunity

Apr 2, 2025 by Sai Krishna 0 Comments #Acadigo Edu, #Edtech
Edtech Acadigo
Ujjwal Kumar Gupta, Co-Founder, of Acadigo Edu, Imthiyas Puthu Veettil, CEO of Acadigo Edu , Selvakumar Rangasamy, Co-Founder, of Acadigo Edu
  •  The company aims to double offline centers targeting 200 crore INR revenue in the next 2 years
  •  Strengthening partnerships with global universities (100+ universities)

2nd April 2025, New Delhi: Noida-based Acadigo Edu, one of India’s fastest-growing ed-tech platforms in abroad education consulting, is planning expansion in 10 cities across India as a business expansion strategy to enhance its market presence in the next 2 years.

Acadigo Edu has witnessed an exponential 20-25x year-on-year growth since its inception, with a 40% growth recorded in 2023-24. The company currently operates in 4 centers with a steady footfall, receiving 5-6 inquiries daily per center. With this fresh infusion of capital, Acadigo Edu aims to expand into 10 cities, focusing on Tier-1 and Tier-2 markets to drive accessibility and innovation in education. The expansion plan includes Pune, Kolkata, Bangalore, and Hyderabad in Tier-1 cities and Kochi, Visakhapatnam, Raipur, Chandigarh, Indore in Tier-2 cities.

Renowned investor and serial entrepreneur Mr. Imthiyas Puthi Veettil invested 50 crore INR in Acadigo and was appointed as CEO. This investment and the skilled leadership of Mr. Imthiyas will accelerate the company’s expansion plan and vision.

With a robust business strategy in place, Acadigo Edu has set an ambitious target of achieving ₹200 crore in revenue over the next two years. The funding will be utilized to enhance technology, scale infrastructure, and introduce innovative learning solutions that cater to students and professionals alike.

Speaking on the investment, Imthiyas Puthu Veettil, CEO and Investor, Acadigo Edu, said, “Acadigo EDU is poised to redefine the education landscape in India with its scalable and tech-driven learning solutions. The growth trajectory of the company has been exceptional, and with this strategic investment, we are committed to expanding our reach and ensuring quality education for learners across multiple cities. Our goal is to build Acadigo EDU into a leading player in the industry while driving meaningful impact.”

Ujjwal Kumar Gupta, Co-founder, Acadigo Edu, said, “This investment is a testament to the success of our model and the potential we hold in the education sector. Our focus remains on delivering high-quality foreign education solutions that are both accessible and affordable. With Mr. Imthiyas Puthu Veettil joining as CEO, we are confident that his strategic vision and leadership will propel Acadigo Edu to new heights.” He also added, “Having roots and upbringing in a small town, I wish to share with all the students that you all can achieve big. The next two years will be crucial as we expand aggressively and work towards our revenue milestone of ₹200 crore.”

Acadigo EDU’s rapid growth and expansion plans align with the increasing demand for accessible, technology-driven education solutions in India. With a strong leadership team, strategic investment, and a clear roadmap, the company is well-positioned to make significant strides in the education sector.

Education

Goethe-Institut / Max Mueller Bhavan organizes its first-ever Youth Conference 2020

Nov 2, 2020 by Gouri Achary 0 Comments #Central Agency for German schools abroad, #Edtech, #German Schools, #Goethe-Institut, #Ms. Veronika Taranzinskaja, #Youth and Sustainopreneurship

Goethe-Institut, New Delhi and the Central Agency for German schools abroad commenced their first-ever Youth Conference 2020, yesterday. Themed at ‘Youth and Sustainopreneurship’, the conference is supported by the German Embassy and the Indo-German Chamber of Commerce, New Delhi.

An estimated 200 students from India, Nepal and Bangladesh are invited to take part in the week-long conference which will have insightful sessions and workshops wherein students will get a chance to better understand several aspects of sustainability and exchange their ideas for a better future.

The conference will revolve around sustainability and address issues like ‘how we can live and operate sustainably in the future and make the current global issues like environmental pollution, discrimination, fair working and living conditions – the reason for our economic activity’. It will also focus on issues on breaking down the ingrained processes of short-lived economic activity and bringing about a change in society.

Speaking on the event, Ms. Veronika Taranzinskaja said, “The year 2020 has completely changed the game and caused massive disruptions. We looked at how to be innovative in a time when COVID-19 has created more restrictions than anything we’ve faced before. Today, we have the largest generation of young people the world has ever known and one of the most resilient generations ever who will be the future torch-bearers.

We need to make sure that young people actually have a voice and are heard at the tables of decision-makers. Since the idea of sustainopreneurship is based on innovative ideas about how to create a more sustainable way of living, it is necessary to listen to what young entrepreneurs have in their minds about the same and what action plan do they propose.”

She further added, “You cannot wait for the world to come with their changes, you need to change the world yourself.”

During the following week, the school children will deal with central topics of Sustainopreneurship like identity development, sustainable living, cooking and being an entrepreneur. In addition, they will also have various workshops on topics like gender equality, learning how to plan a project in terms of budget and receive assistance with current application procedures.

Students will have the opportunity to explore the exciting world of change-making and social entrepreneurship and will also join in-depth conversations with some of India’s leading young change-makers working to address climate change, edtech, menstrual hygiene and some of the pertinent challenges of our times.

Day 1 of the conference kick-started with welcome addresses by Dr Berthold Franke, Director, Goethe-Institut / Max Mueller Bhavan, New Delhi, Veronika Taranzinskaja, PASCH Head Southasia, Goethe-Institut / Max Mueller Bhavan, New Delhi and Matthias Stähle, an Expert Consultant of Central Office for German Schools Abroad.

Apart from the keynote speeches of the mentioned partners and guests, the participants also got an opportunity to take a virtual company tour into one of the leading global German companies in the food industry – Dr.Oetker. There was an internship announcement and the students will have the opportunity to apply for one of the highly desired internships at Dr.Oetker.

The Opening Ceremony was officially concluded with the address of Veronika Taranzinskaja, PASCH Head Southasia, Goethe-Institut / Max Mueller Bhavan, New Delhi, followed by a Film screening on the topic “Future Society” by Glocal Films, London and Mayo College, Ajmer.

During the closing ceremony of the conference on 7th November, the global organization Ashoka Changemakers which stands up for social entrepreneurship and supports young entrepreneurs’ in the development of their ideas, will conduct a panel discussion on ‘How to make a change’? The participants of the workshops, school students from India, Bangladesh and Nepal will share their experiences and thoughts on the topic.

Business World

EdTech Bootcamp Startup SOAL launches ‘Hack Your Hire’, a Job Open House for Recruiters

Nov 2, 2020 by Gouri Achary 0 Comments #Edtech, #Hack Your Hire, #Job Open House, #Recruiters, #SOAL, #Sruthi Reddy

In yet another paradigm-changing development, School of Accelerated Learning (SOAL) – one of the leading EdTech coding and design bootcamp players in India – has launched its job open house called ‘Hack Your Hire’ for recruiters. The program empowers recruiters with skill-based screening and will be live via SOAL’s tech platform named Delta between November 2nd and November 12th, 2020.

The Hack Your Hire initiative cuts down the recruitment cost of startups while enabling them to make the logical move from CV-screening-based recruitment to skill-screening-driven recruitments. The platform further developed a recruitment mechanism comprising skill verification by independent top coders, code audition designed by recruitment experts, and curated recruitment intelligence for tech and cultural interviews.

The approach has a sizable impact on the overall Cost to Company (CTC) during recruitment drives while also making the process time-efficient. As such, it brings the money spent on in-campus branding as well as overheads down to zero. Simultaneously, the time spent on recruitment per candidate is decreased to 4 hours at large. All of it is while ensuring that all recruits are equipped with the right set of skills and are a cultural fit for a company. Some of the recruiters who’ve hired from SOAL earlier include Dunzo, Zoho, ClearTax, and FactSet alongside others.

Speaking on the initiative, SOAL Spokesperson Sruthi Reddy, Head of Industry Networks said, “At SOAL, we aim to bridge the employment gap caused by outmoded practices by enabling recruiters to hire talent equipped with the desired skill-set. In this regard, one of the key challenges faced by recruiters includes on-campus placement drives. Such endeavours largely hover around the credentials in a candidate’s CV because unskilled freshers have nothing else to showcase.

In other words, recruiters recruit on the ‘likelihood’ of a fresher learning something rather than the skills that a person already possesses. Furthermore, it barely gives an insight if the selected candidate will be a cultural fit. Such challenges get immediately resolved via our ‘Hack Your Hire’ initiative. In fact, we invite recruiters to ‘hack’ their hires and see for themselves if they can prove their mettle or not.”

SOAL is an EdTech coding and design bootcamp player that trains aspiring professionals in an environment of immersive learning. The EdTech platform empowers its students to participate via part-time and full-time courses ranging from 20 to 30 weeks. It further places them across high-potential startups. SOAL has its campuses across Mumbai, Delhi, and Hyderabad and boasts a track record of 100% placements to date.

Business World

Inc42 Plus releases “ The Future Of Edtech In India: Decoding The $10 Bn Market Opportunity Report, 2020”

Oct 28, 2020 by Gouri Achary 0 Comments #Edtech, #Inc42 Plus

The market size of edtech is estimated to grow 3.7x in the next 5 years in India, from $2.8 Bn to $10.4 Bn, reveals recently released “The Future Of Edtech In India: Decoding The $10 Bn Market Opportunity” report, by Inc42 Plus.

Going beyond supporting school curriculum and helping candidates prepare for tests, edtech today has spread its wings far and wide. From K-12 and test preparation to skilling and learning management systems, edtech startups have branched out to cater to various submarkets.

This has a significant impact as the otherwise fragmented, and conventional education system has failed to address many crucial questions, which have a direct effect on the economy. From skill development and reskilling to upskilling, university-level courses and even B2B models, edtech has shown the potential to disrupt the entire value chain.

In terms of skilling, as per Inc42 Plus analysis, more than half of India’s workers will require reskilling to meet the talent demands of industrial revolution 4.0 by 2022. The emerging skill requirements are primarily focused on areas such as technology-led design and programming, complex problem solving, reasoning, ideation, emotional intelligence, critical thinking, and analysis.

With the working-age population in India making up 67% of the total population (1.3 Bn), the market offers great opportunities for reskilling, skill development and upskilling. The right tech skillsets and certification are the two most important parameters for tech employment. It is to be noted here that the demand side of edtech is robust, thanks to the rising unemployment in India.

Factors such as the deep penetration of the internet and the rampant use of smartphones and other electronic devices have spiked online content consumption in India. This has also, in turn, impacted India’s addressable market for edtech products and services. The report also noted that it is the youth of the country who is driving the adoption of the edtech products and services in India.

These two factors have exponentially increased the capitalisation opportunity in Indian edtech. This is seen in the business done by edtech startups in the previous fiscal. In FY 2019, the aggregate revenue of the top 38 edtech startups in India was $303 Mn, a 2.1x surge compared to the previous financial year.

“Edtech startups are looking to capitalise on the opportunity in education enterprises — schools, colleges, coaching institutes and more — and fill these gaps in access to education or provision of online learning classes. As more and more schools go online and rely on virtual classrooms, the adoption of edtech B2B services and products will grow, just as the adoption in enterprise tech tools has grown in the past 6 months.,” said the Inc42 Plus analyst.

The Report Also Highlighted The Following Trends

  • K-12 learning solution will account for 41% of the total edtech market size by 2025.
  • 11.3 Mn could be the total number of paid users in the K-12 learning solutions space by 2025.
  • The income elasticity on education is estimated at 0.93 compared to 1.95 in healthcare. This indicates that at any income level, an Indian consumer will prefer investing more on education than healthcare.
  • Convenience and cost efficiency are the two primary drivers of online education in India.
  • 43 mergers and acquisitions (M&A’s) of edtech startups between 2015 to H1 2020

Inc42 Plus has analysed the future of educational technology and has recorded the growth prospects, the market and consumer-related insights from the booming Indian edtech market in its latest report — The Future Of Edtech In India: Decoding The $10 Bn Market Opportunity Report, 2020