Emeritus has secured top spot in TIME Magazine’s “World’s Top EdTech Companies of 2024” ranking. Founded in 2015 by Ashwin Damera and Chaitanya Kalipatnapu, Emeritus offers courses from global universities such as the University of Cambridge, Harvard Business School, the University of Pennsylvania, MIT Sloan, Indian School of Business, Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), the University of Western Australia, John Hopkins, NTU Singapore, Carnegie Mellon, UC Berkeley Executive Education, INSEAD and Wharton Executive Education, among others.
Recently, Emeritus’s success story was featured as a case study by the Harvard Business School. The company was also in the news recently as it said it wants to shift its headquarters from Singapore to India for a stock market listing.
There 14 more Indian edtech firms on the TIME list. At the 26th position is Miko, which makes AI-powered robots for kids, followed by the competitive exam preparation app Unacademy at the 54th position. The US-headquartered upGrad that was founded in India is at the 69th rank, followed by Univariety at 82nd position (it offers technology-backed solutions for educational institutes). At the 83rd rank is iNurture Education Solutions, which focuses on university-industry partnership, and at the 90th position is Uolo, which empowers schools.
Cuemath, the maths teaching company, is at 100th rank, followed by Wheebox (now an Educational Testing Service company) at 138th rank.
Extramarks, which caters to K12 students, JEE and NEET aspirants, is at 167th rank, followed by engineering courses app Skill-Lync at 171st position.
LEAD School, which helps transform schools, is at 226th rank, followed by MyClassboard (a school management software company) at 241st rank.
GeeksforGeeks, which offers tech/coding courses, is at 245th position, and the gamification company STEPapp at 250th.
In this list of 250 edtech companies, 91 are from the US, 25 are from China, 16 from the UK, eight each from Brazil and Australia, seven from Spain, six each from Germany, France, Canada and South Korea, and five each from Singapore and Japan.
Two Indian companies found place in the TIME “World’s Top EdTech Rising Stars of 2024”. These are Scaler Academy at the top rank, and Eupheus Learning at seventh position.