Indian edtech startup ‘Emeritus’ gets top position in Time’s global edtech ranking 2024

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Indian EdTech Startup Emeritus Tops TIME's Global EdTech Ranking 2024

Emeritus Leads TIME's Global EdTech Ranking

Indian edtech startup Emeritus has achieved a remarkable milestone by topping TIME magazine's ranking of the "World's Top EdTech Companies 2024". The new global ranking, released by TIME and Statista, lists the top 250 edtech companies worldwide, highlighting the significant impact of education technology in today's rapidly evolving learning environment. Emeritus's top position underscores its leadership and innovation in the edtech sector.

Emeritus was founded in 2015 by Ashwin Damera and Chaitanya Kalipatnapu. The company offers courses from prestigious global universities such as the University of Cambridge, Harvard Business School, and MIT Sloan. It recently announced the transfer of its headquarters from Singapore to India for its stock market listing. The success story of Emeritus was also featured as a case study by the prestigious Harvard Business School.

Indian edtech startup  ‘Emeritus’ gets top position in  Time’s global edtech ranking 2024
Indian edtech startup  ‘Emeritus’ gets top position in  Time’s global edtech ranking 2024

Other Top EdTech Companies in the Ranking

Following Emeritus, other companies in the top positions include:

  • Memrise from the UK.
  • Afya from Brazil.
  • Knowbox from China.

Additionally, India's Scalar Academy was ranked among TIME's top edtech rising stars of 2024. This recognition further demonstrates India's growing influence in the global edtech landscape. Other companies on the rising stars list include Taiwan's SAT KNOWLEDGE, Vietnam's Vuihoc.vn, and USA's Raising Superstars.

Global Distribution of Top EdTech Companies

The United States leads the TIME rankings with 91 entries, followed by China with 25 companies and the United Kingdom with 16 firms. This distribution reflects the global nature of the edtech industry and the diverse approaches to education technology worldwide.

Other Indian Institutions in the TIME Ranking

Besides Emeritus, 14 other Indian edtech firms are included in the TIME ranking, showcasing the depth and breadth of India's edtech sector. Notable Indian companies in the ranking include:

  • Miko (26th position), which develops AI-powered robots for children.
  • Unacademy (54th position), a competitive exam preparation app.
  • UpGrad (69th position), a US-headquartered company founded in India.
  • Univariety (82nd position), offering technology-enabled solutions for educational institutions.
  • iNurture Education Solutions (83rd position).
  • Yulo (90th position).

Conclusion

Emeritus's top position in TIME's global edtech ranking for 2024 highlights India's growing presence in the edtech industry. This achievement underscores the innovation and leadership within the Indian edtech sector and its commitment to providing high-quality education solutions. As edtech continues to evolve, the companies listed in TIME's ranking are poised to shape the future of education and learning on a global scale.


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