(WIP) Reshaping Learning: The Edtech Revolution in the Post-COVID Era
The landscape of education technology (Edtech) has been radically transformed in the wake of the COVID-19 pandemic, with seismic shifts in how educational content is delivered and consumed. As traditional learning environments were disrupted, there arose an unprecedented reliance on digital platforms, catalyzing a period of intense growth and innovation in the Edtech sector. This has compelled both established entities and emerging challengers to continuously re-evaluate and realign their offerings with the evolving market demands and technological advances.
In this article, we delve into a comprehensive analysis of key Edtech players post-COVID, examining critical aspects such as their market positioning, product offerings, technological adoption, and unique selling propositions. This investigation seeks to uncover the dynamism of the Edtech industry and to discern the strategies that have propelled certain companies to the forefront of this competitive domain.
Scaler Academy
Basic Analysis
Key Metrics | Source (if any) | |
---|---|---|
Parent Name | Interview Bit | |
Founded | 2019 | |
Company Size | 2053 (⬆️ 33% YoY) | |
Funding Raised | $76.5M (Last Raised - Jan 2022) | Crunchbase |
Estimated Valuation | $710 mn | VC Circle/Scaler |
Estimated Revenue | $40M ARR (2021); $120M (Oct 2022) | Scaler |
Target market | India, USA | |
Monthly Visits | 7,654,600 (⬆️ 24.64%) | SEMRush |
####Ownership Structure
Name | Role | Previous Work History |
---|---|---|
Abhimanyu Saxena | Co-Founder & Board Member | http://fab.com/ and Progress |
Anshuman Singh | Co-Founder & Board Member | Meta and Directi Web Technology |
Rahul Karthikeyan | Chief Marketing Officer | upGrad, Wavemaker, MEC Global, and Komli Media |
Tushar Bisht | Chief Technology Officer | Meta and Google |
Saurabh Saxena | Chief Operating Officer | Parallels and Terrapinn |
####Marketing Breakdown
- 90% of ad spends → Full stack
- Youtube, GDN and are primary source of traffic
- SEO
- Youtube, and Linkedin as organic social media
####Investors
Funding Round | Amount | Investor | Date |
---|---|---|---|
Series B | $55 M | Lightrock, Sequoia, Tiger Global | Jan 31, 2022 |
Series A | $20 M | Sequoia India and Tiger Global | January 2020 |
Incubator/Accelerator | $1.5M | Surge | April 2019 |
####List of Acquisitions
Company Name | Date | Amount if available |
---|---|---|
http://faangshaadi.com/ | @April 1, 2021 | Undisclosed |
Coding Elements | Aug 2021 | $1 Million |
Coding Minutes | @October 21, 2021 | $1 Million |
AppliedRoots | March 2022 | $50 Million |
####Site’s traffic by country
Country | Share of Monthly Visits | Monthly Visits Growth | Site’s Rank in Country | Monthly Rank Growth |
---|---|---|---|---|
India | 64% | 12.43% | 2,136 | 9.43% |
United States | 15% | 63.82% | 17,627 | -34.01% |
Indonesia | 2% | 38.19% | 9,773 | -29.04% |
Germany | 1% | 49.75% | 28,527 | -26.48% |
Canada | 1% | 57.83% | 19,619 | -21.5% |
####Engagement
Global Traffic Rank | 13,469 |
---|---|
Monthly Rank Growth | - 13.45% |
Visit Duration | 1,012 Sec. |
Visit Duration Growth | - 2.88% |
Page Views / Visit | 2.21 |
Page Views / Visit Growth | 19.53% |
Bounce Rate | 67.48% |
Bounce Rate Growth | - 7.9% |
####List of Products
Name | Date | Present | Product offerings | Features | Eligibility | Duration | Fee | No. of instructors & faculty |
---|---|---|---|---|---|---|---|---|
Scaler Academy | - | Ongoing | Scaler Academy looks at accelerating the careers of early-tenure professionals | WIP | 0-3 years of work experience | 9-11 Months | INR 2.50 Lakh (Source: https://collegedunia.com/institute/8018-scaler-by-interviewbit-bangalore) | |
Scaler Edge | July 2020 | Ongoing (Unlisted on main website; no new batches) | Scaler Edge offers industry exposure at an early stage to university students to help boost their employability and cater to industry requisites sought in freshers. | WIP | Anyone can join | 2-years | Module 1 - Rs. 39,999 |
Module 1 & 2 - Rs. 59,999 (https://web.archive.org/web/20220123191709/https://www.scaler.com/edge/#payment | | | Scaler Plus | June 2020 | Shut down (Around April-May 2021) | Scaler Plus is a tech leadership curriculum built for mid-tenure techies with 3+ years of work-experience that have the potential to be future CTOs and entrepreneurs | Untitled (https://www.notion.so/5bca9ae9242440a0a9ed35792c0bb98a?pvs=21) | Software engineers with a minimum of 2 years of experience | 6-9 months | INR 2.50 Lakh (https://web.archive.org/web/20210410193940/https://www.scaler.com/plus/ | | | Scaler Data Science & ML | August 2021 | Ongoing | Program for engineers looking to get specialised in Data Science and Machine Learning. | Untitled (https://www.notion.so/3d7e8691bc7246cca6d3a6c3fc47183a?pvs=21) | Software engineers with a minimum of 1 year of experience | 11 months | INR 2.99 Lakh (Source: https://www.studocu.com/in/document/university-of-mumbai/computer-network/scaler-data-science-machine-learning-brochure/31566868) | | | Scaler Forever | Sept 2021 | Shut Down (Tested 5-6 months as a beta before shutting it down) | Subscription-based upskilling program for tech professionals | Untitled (https://www.notion.so/a8b78051384d4b1980bb13fbb5844112?pvs=21) | Anyone can join | Ongoing | INR 69,999/year or INR 8,999/month (https://web.archive.org/web/20220313084525/https://www.scaler.com/forever/; please disable JavaScript to visit this page) | | | Scalerverse | May 2022 | Announced; yet to be launched publicaly | Co-living spaces that provide ready-to-move rooms/beds, community building, for Scaler trainees, teachers and mentors | - | - | - | | | | Scaler Neovarsity | Aug 2022 | Ongoing | Online Master of Science in Computer Science, offering specialisation in Software Engineering, Artificial Intelligence & Machine learning; partnered with Woolf University. | Untitled (https://www.notion.so/5250c414e0cf4e4c83abef98dcddff85?pvs=21) | Working professionals with an Undergraduate Degree & 1 year of work experience | 18 months | INR 4 Lakh (Source Scaler https://www.studocu.com/in/document/nitte-deemed-to-be-university/computer-organization/scaler-neovarsity-curr/34542661) | 51 (Feb 2023) (https://woolf.university/colleges/9b17f5ce-1078-4fdf-aec0-02bf4ecfb0a6) |