BYJU’S vs Vedantu Company Comparison | Vedantu VS BYJU’S Which is Best?
BYJU’S vs Vedantu Company Comparison: In this article, we will compare India’s two Largest E-learning Platforms BYJU’S and Vedantu.
Speaking of BYJU’S, the company was started in 2011 by Baiju Ravindran of Coonoor and his friends. One of the reasons for the success of BYJU’S is that they focused more on student marketing and at the same time they brought in stars like Shah Rukh Khan for their promotions. That’s why today this company has become a billion-dollar valuation company in a few years.
Speaking of Vedantu, this company was also started in 2011 by four IITians Vamsi Krishna, Pulkit Jain, Saurabh Saxena, and Anand Prakash. And he has kept his company name very thoughtfully. ”Vedantu” This word is derived from Sanskrit from which Veda means knowledge and Tantu means to network.
Let me tell you, both these companies started in Bengaluru and today their headquarters is also located in Bengaluru.
Business model
Let’s first understand the business model of these two. In the 21st century, children spend the most time with someone after school is TV and smartphones. And parents are also very upset with their children’s use of smartphones but now they can’t do anything about it because their children have gotten used to it and this is what companies like BYJU’S and Vedantu have taken advantage of.
For your information, BYJU’s company works on the Business Model of Any Time Access in which students can watch pre-recorded video tutorials at any time. While Vedantu works on WAVE i.e. whiteboard audio-video education. And this model is also liked by many children. In which students are given an environment like school sitting at home. Students can also ask any questions to teachers in between live online classes.
Today both these companies are making money by selling live sessions and free record tutorials to students.
Number of users of BYJU’S VS Vedantu
Speaking of the number of users, In 2023 BYJU’S has 150 million registered students out of which about 10 million students have taken their Paid Plans while Vedantu has around 30 million registered students out of which 1.5 million students have taken their subscriptions.
Funding of BYJU’S VS Vedantu
Speaking of funding, BYJU’s has received $4.5 billion in funding so far. And BYJU’S has so far owned TutorVista, Osmo, WhiteHat, Aakash Educational Services Ltd, and Great Learning Pvt. Ltd. Now this company also expanded outside India.
While Vedantu has so far received US$292.9 million in funding. However, both companies started together. But today BYJU’s company has gone far beyond Vedantu. The user interface of BYJUS’S mobile application and website is quite simple. On the other hand, Vedantu is currently updating its software and it would be the biggest competitor to BYJU’S in upcoming years.
Market share of BYJU’S VS Vedantu
When it comes to market share, according to a report, BYJU’S is number one in India with 40% market share while With 20% market share, Vedantu is at number four after Baijus, topper and unacedemy.
Service of BYJU’S VS Vedantu
Talking about services, Byju’s offers classes for children from 1st grade to 12th grade. Vedantu offers classes for children from 4th to 12th standard. However, these learning partners have also started coaching entrance exams like IIT-JEE, NEET, and CAT on their platforms.
Just to let you know BYJU’S covers CBSE and ICSE board syllabus along with Gujarat, Maharashtra, Kerala, Andhra Pradesh, Tamil Nadu, Madhya Pradesh, and Karnataka state boards. Vedanta covers the syllabus of ICSE, CBSE, IGCSE, and Maharashtra State Board.
Number of Employees working for BYJU’S VS Vedantu
Talking about the number of employees, 33779 employees work for Byju’s. On the other hand, 5403 employees are working for Vedantu.
Revenue of Byjus Vs Vedantu
Talking about the revenue of both platforms, Byju’s generated revenue of US$421.43 million in 2021 last year and their market valuation is US$22 billion. While Vedantu generated revenue of US$306.38 last year and its market valuation is US$1 Billion.
Conclusion | Byjus Vs Vedantu: Which Platform is Better for You
Friends, although both these applications are very good and students are also very fond of online education these days. But if you want to do your studies from pre-recorded sessions, then Byju will be a good option for you on the other hand if you like to watch live classes, then you can buy Vedantu’s plan.
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