Byju’s is a multinational ed-tech startup from India. It’s also the world’s largest ed-tech startup. Byju’s app has more than 100 million downloads on Play Store which shows its presence in the ed-tech market. Let us know about “Byju’s Competitors”
Byju’s Competitors
In 2020 following the pandemic, Byju’s gained the most out of the lockdown as everyone was pushing for online education and this helped Byju’s very much. In 2019 the valuation of Byju’s was $5.5 billion and in 2021 it will become the world’s 13th most valuable startup with a valuation of $21 billion. It is currently India’s most valued startup surpassing Paytm. Byju’s is rapidly expanding by acquisition and investments globally, it’s planning to acquire us-based ed-tech start-up 2U and it has already acquired tynker, another US-based startup.
We already know that Byju’s is the world’s biggest ed-tech startup, but now let’s know about the competition of Byju’s globally.
There Are Five Competitors To Byju’s In The USA :
- Khan Academy
- Simplilearn
- Age of Learning
- Vedantu
- McGraw hill Education
1_Khan Academy
Khan Academy is an American nonprofit educational organization, founded in 2008 by MIT alumnus Salman Khan with a vision to provide a set of online tools to educate students.
Khan Academy has more than 70 million downloads on the play store. Khan Academy provides short video lectures on mathematics and science and also quizzes and exercises on both its website and application. Khan academy uses the classic blackboard method while Byju’s uses more animated content to engage students, Khan academy is surely a big competition to Byju’s because where Byju’s charges a hectic amount for courses khan academy provides all its resources for free.
2_SimpliLearn
Simplilearn is an online Bootcamp and online courses learning platform founded by Krishna Kumar in 2010 and headquartered in San Francisco, California, USA.
Simplilearn provides free courses as well as paid courses in partnership with top schools and companies like Wharton School of Business and Amazon.
Simplilearn claims itself to be the world’s no. 1 online Bootcamp providing 1,500 live classes every month. Simplilearn also provides post-graduate master’s programs and certification programs from top universities across the world.
3_Age Of Learning
Age of Learning is an ed-tech company based in Glendale, CA with over 500+ renowned teaching faculty currently employed. Age of Learning provides various programs for kids like ABCmouse.com Early Learning Academy specially designed for kids, till now more than 30 million kids worldwide have completed over 6.8 billion learning activities on ABCmouse.
Recently Age of Learning launched My Math Academy, a groundbreaking digital learning system for schools that uses AI technology to personalize and individualized math instructions for every child.
Age of Learning also provides programs in China and Japan for the English language and ReadingIQ which is a digital library and literacy platform.
4_Vedantu
Vedantu is an online tutoring ed-tech startup founded in India by Vamsi Krishna, Pulkit Jain, Anand Prakash, and Saurabh Saxena in 2014. Vedantu mainly provides live online tutoring services in courses such as STEM, Hindi, English, German and French. It also provides courses for preparation for many Indian exams such as IIT-JEE and many more.
Vedantu uses the WAVE method which is Whiteboard Audio Video Environment for its one-on-one teacher and student live online tutoring service. In March 2022 Vedantu founded WAVE 2.0, an interactive online platform that aims to support Artificial Intelligence and Machine Learning.
5_McGraw Hill Education
McGraw Hill Education is an American educational publishing company established in 1888 by James H. McGraw and John A. Hill.
McGraw hill publishes educational content, software, and services for pre-k to postgraduate levels. It is also considered to be one of the “big three” in the educational publishing sector.
McGraw offers its products and services to 140 countries in 60 languages. It operates in 28 countries and has more than 4000 employees globally.
Conclusion
Now We have learnt “Byju’s Competitors”, So far we can conclude that Byju is the world’s leading ed-tech platform in both monetary terms and users terms, and because of its acquisition spree, it has very few competitors in its segment. The global lockdown also pushed for the digitalization of education which Byju has taken full advantage of, its engaging content and animation keep learners interested. The competition is less but there are still firms like Vedantu, Simplilearn, and age of Learning are some of Byju’s. The most prominent competitor of Byju’s is Khan Academy because of its free video model. Khan Academy has a huge advantage over Byju’s because it offers its educational content for absolutely free, whereas Byju’s charges a hefty amount for its courses.
Frequently Asked Questions
- Is Byju’s available all over the world?
Yes, Byju’s is available and provides its services all around the globe.
- What subsidiary has Byju’s in America?
Byju’s has recently acquired tynker, an American-based ed-tech startup, which provides a creative coding platform for k-12 kids which enables children to learn coding in the comfort of their home.
