About EdTech SaaS sector in India
The EdTech SaaS sector in India comprises 3.16K companies, including 173 funded companies having collectively raised $753M in venture capital money and private equity. Out of these, 48 are Series A+ funded.
EdTech SaaS sector in India has seen 27 acquisitions and 2 IPOs.
This sector includes companies providing cloud-based, multi-tenant, and subscription based B2B software applications related to the EdTech industry.
EdTech SaaS sector is also known as EdTech SaaSTech, EdTech SaaS-Tech, Digital EdTech SaaS or EdTech SaaS Technology Solutions.
All B2B software that offers cloud-based, multi-tenant solutions for business functions like marketing, HR, Sales, Marketing, etc. for the EdTech institutions like schools, universities. All tech solutions provided to teachers to enhance their classroom experience are also included. All B2B software companies that offer cloud-based, multi-tenant solutions not primarily for EdTech Industry are excluded. Services and Consulting firms are also excluded. Resellers are also excluded.
Top EdTech SaaS Companies in India
There are 3,160 EdTech SaaS startups in India which include Toddle, Teachmint, Mettl, Excelsoft, Classplus. Out of these, 173 startups are funded, with 48 having secured Series A+ funding.
2026 has seen the creation of 134 EdTech SaaS startups in India. Over the past 10 years, an average of 136 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Delhi, BITS Pilani and IIT Kharagpur.
Here is the list of top EdTech SaaS startups in India
1. Toddle
Developer of learning management software for curriculum and assessment planning. This platform provides tools for educators to design curriculum maps, manage lesson plans, and track student progress through digital portfolios and gradebooks. It incorporates artificial intelligence to assist with grading, report generation, and the creation of instructional materials. The system facilitates communication between school communities and supports administrative tasks such as attendance tracking, scheduling, and accreditation management. Designed for educational institutions, the software integrates with various digital tools to centralize teaching workflows and personalize student learning experiences.
Key facts about Toddle
- Founded Year: 2019
- Location: Bengaluru (India)
- Stage: Series A
- Total Funding till date: $29.6M
- Investors: Trifecta Capital, Z47 and 47 Others
- Latest Funding Round: Series A, Jan 24, 2025, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 2 of 1,391 Competitors
2. Teachmint
At Teachmint, we believe that education moves the world forward and deserves the best technology. As a pioneer in AI-powered educational technology, we deliver a unified ecosystem. We bring together AI, a connected classroom app, and smart hardware in one place. This ensures teachers spend less time managing tools and more time teaching. Our mission is to transform learning one classroom at a time — giving every educator the tools to teach at their best. Today, Teachmint’s app is available in more than 90 languages, powering educational infrastructure across 10-plus countries with offices in Bengaluru, Singapore, Dubai, and Manila.
Key facts about Teachmint
- Founded Year: 2020
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $118M
- Investors: Learn Capital, Rocketship and 25 Others
- Latest Funding Round: Series B, Oct 25, 2021, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 188 Competitors
3. Mettl
Provider of online talent assessment, examination, hiring, and learning solutions. It offers tools for pre-employment testing, psychometric evaluations, and technical skills assessments. The company provides platforms for conducting online exams, remote proctoring, and digital evaluations. It also delivers virtual tools for organizational development, reskilling, and upskilling.
Key facts about Mettl
- Founded Year: 2010
- Location: Gurugram (India)
- Stage: Acquired
- Total Funding till date: $5.19M
- Investors: Kalaari Capital, IndoUS Venture Partners and 16 Others
- Latest Funding Round: Series B, Jul 23, 2015, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 2 of 805 Competitors
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4. Excelsoft
Provider of AI-powered learning and assessment technology. Its offerings include AI-powered apps, test and assessment platforms, online proctoring, learning experience systems, student success tools, and digital eBook platforms. It also provides services for adaptive learning content, e‑learning consultancy, microlearning, blended learning, cloud integration, accessibility testing, and localization. It uses AI-driven models, NLP, machine learning, keystroke/audio analysis, automated essay evaluation, document chatbots, and remote proctoring technologies—including face/object detection and test-forensics—to enhance content creation, assessment integrity, and personalized education.
Key facts about Excelsoft
- Founded Year: 2000
- Location: Mysuru (India)
- Stage: Public
- Total Funding till date: $9.47M
- Investors: Uti Venture Funds Management Company, UTI and 9 Others
- Latest Funding Round: Series A, Sep 17, 2008, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 213 Competitors
5. Classplus
Developer of a mobile application for online teaching and coaching management. The platform provides tools for educators to conduct live classes, manage student attendance, track performance, and facilitate communication. It enables teachers to create and sell courses, manage batches, and handle administrative tasks through a centralized digital interface.
Key facts about Classplus
- Founded Year: 2015
- Location: Noida (India)
- Stage: Series D
- Total Funding till date: $171M
- Investors: Alpha Wave Global, Tiger Global Management and 42 Others
- Latest Funding Round: Series D, Jan 18, 2024, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 43 Competitors
Companies founded year-on-year in the EdTech SaaS sector in India
134 new startups have been founded so far in 2026 in the EdTech SaaS sector in India. 255 EdTech SaaS startups in India were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 134 |
2025 | 88 |
2024 | 86 |
2023 | 79 |
2022 | 73 |
2021 | 104 |
2020 | 255 |
2019 | 200 |
2018 | 162 |
2017 | 180 |
Stage-wise distribution of EdTech SaaS sector companies in India
Out of the total 3,160 EdTech SaaS companies in India, 173 have secured funding. Among them, 48 have reached Series A or higher, and 35 to Series B or beyond.
Founded - 3,160
Funded - 173
Series A+ - 48
Series B+ - 35
Series C+ - 31
Company Stage | No. of companies |
|---|---|
Founded | 3,160 |
Funded | 173 |
Series A+ | 48 |
Series B+ | 35 |
Series C+ | 31 |
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Funding Trends in the EdTech SaaS sector in India
Total funding year-on-year in the EdTech SaaS sector in India
The EdTech SaaS sector in India saw a total funding of more than $596M in the last 10 years. The most amount of funding was in 2022 at more than $226M. There has been a total funding of $53.8M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $53.8M |
2025 | $7.88M |
2024 | $39.5M |
2023 | $5.9M |
2022 | $226M |
2021 | $199M |
2020 | $39.8M |
2019 | $10.6M |
2018 | $6.27M |
2017 | $7.18M |
Recent Funding Rounds in EdTech SaaS in India
In the year 2026, till June 2026, EdTech SaaS companies in India have raised $53.8M in equity funding across 5 rounds.
In the same period last year (i.e. till February 2025), EdTech SaaS companies in India had raised $6.08M across 2 rounds.
So, 2026 has seen a 784.02% rise in funding in EdTech SaaS companies in India as compared to 2025.
Here are some recent, important funding rounds in EdTech SaaS companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 8949 | Jun 01, 2026 | ||
Seed | 2490 | Apr 17, 2026 | - | |
Series B | 2478 | Apr 15, 2026 | and 3 more | |
Series A | 5595 | Mar 20, 2026 | ||
Series C | 9083 | Jan 14, 2026 |
Top Investors in EdTech SaaS in India
Bessemer Venture Partners is the top investor in EdTech SaaS companies in India based on number of companies invested.
Here are some top investors in EdTech SaaS companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Redwood City (United States) | - | |
Mumbai (India) | ||
Washington, DC (United States) | ||
Bengaluru (India) | ||
Bengaluru (India) |
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M&A activity in EdTech SaaS sector in India
In the year 2026, till October 2026, 1 acquisition happened in EdTech SaaS sector in India.
Here are some recent, important acquisitions in EdTech SaaS sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 05, 2026 | ||
Business Acquisition | Sep 04, 2024 | ||
Business Acquisition | Oct 04, 2023 | ||
Business Acquisition | Sep 05, 2023 | ||
Business Acquisition | May 05, 2022 |
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Acquisition trends in EdTech SaaS sector in India
Here are the acquisition trends in EdTech SaaS sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | - |
2024 | 1 |
2023 | 2 |
2022 | 7 |
2021 | 6 |
2020 | 3 |
2019 | 2 |
2018 | 2 |
2017 | - |
IPOs in EdTech SaaS in India
In the year 2025, till November 2025, 2 IPOs happened in EdTech SaaS sector in India.
Here are some recent, important IPOs in EdTech SaaS sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 26, 2025 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Oct 08, 2025 | Bombay Stock Exchange (BSE) |
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Colleges which produce the most EdTech SaaS companies in India
Companies founded by alumni from top colleges in the EdTech SaaS in India
Most number of EdTech SaaS startups in India have been founded by alumni from IIT Delhi, BITS Pilani and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Delhi | 21 |
BITS Pilani | 18 |
IIT Kharagpur | 15 |
IIT Bombay | 13 |
IIT Kanpur | 13 |
IIT Roorkee | 11 |
IIT Madras | 9 |
IIM Ahmedabad | 8 |
IIM Calcutta | 8 |
IIM Bangalore | 5 |
Total funding in EdTech SaaS companies founded by alumni from top colleges in India
In the last 10 years, IIT Bombay graduates' EdTech SaaS companies in India have raised the most funding among top colleges. IIT Roorkee alumni are second, and IIT Delhi alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $203M |
IIT Roorkee | $176M |
IIT Delhi | $149M |
IIT Kharagpur | $97.7M |
London Business School (LBS) | $73.2M |
IIT Kanpur | $49.2M |
IIM Calcutta | $27.9M |
IIM Bangalore | $24.3M |
HEC Paris | $21.3M |
IIM Ahmedabad | $21.2M |
Top News in EdTech SaaS in India
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Exxat Partners with Athletico to Simplify Clinical EducationPR Newswire•Oct 16, 2025•Athletico, Exxat
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Schoolnet and GLC Collaborate to Empower Young InnovatorsEdTechReview•Jan 28, 2025•Schoolnet, Globallearningcouncil
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NoPaperForms Wins Deloitte's 2024 Technology Fast 50 India Award AgainAsian News International•Dec 20, 2024•NoPaperForms
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School Diary Partners With Schoolnet to Revolutionize School ...EdTechReview•Dec 10, 2024•School Diary, Schoolnet
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Eunity Partners Expands into India, Names Farhan Ahmed Hazarika as Partner and India HeadBusinessnewsthisweek•Nov 22, 2024•Eunity Partners, Teachmint
