Great Learning, a leading player in India’s professional education space, has achieved a significant milestone by reporting revenue of $118 million for fiscal year 2024, marking a 23% year-on-year growth. This achievement not only demonstrates the platform’s strong market position but also highlights the growing demand for professional upskilling in an increasingly digital economy.
The company, which operates under the BYJU’S umbrella, has successfully positioned itself at the forefront of the professional education sector, offering specialized programs in high-demand areas such as data science, artificial intelligence, machine learning, and cybersecurity. This revenue milestone comes at a time when the edtech sector is experiencing significant transformation and consolidation.
Strategic Focus on Professional Development
Great Learning’s success can be attributed to its strategic focus on delivering industry-relevant courses and maintaining strong partnerships with prestigious educational institutions. The platform has effectively addressed the growing skills gap in the technology sector by providing comprehensive learning programs that cater to both fresh graduates and working professionals seeking career advancement.
The company’s approach to professional education combines theoretical knowledge with practical applications, ensuring that learners gain relevant skills that are immediately applicable in their careers. This focus on outcome-driven education has resulted in strong student engagement and improved career outcomes for its alumni.
Global Reach and Impact
With a presence in 170 countries and over 7 million learners worldwide, Great Learning has successfully established itself as a global education provider. The platform’s ability to deliver quality education at scale while maintaining personalized learning experiences has been crucial to its growth. Through partnerships with renowned institutions like Stanford University and the Indian School of Business (ISB), the company has enhanced its program offerings and credibility in the international education market.
Key Performance Metrics
- Revenue growth of 23% year-on-year, reaching $118 million in FY24
- Present in 170 countries with over 7 million learners
- Partnerships with multiple prestigious educational institutions
- Diverse program portfolio covering emerging technology domains
- Strong focus on career outcomes and professional development
Impact on India’s Startup Ecosystem
Great Learning’s achievement sends a positive signal to India’s startup ecosystem, particularly in the edtech sector. The company’s success demonstrates:
- Viable business models exist in the professional education space despite market challenges
- Strong demand continues for quality online education and upskilling programs
- Opportunities exist for startups focusing on specialized education segments
- The importance of strategic partnerships in scaling education businesses
- Potential for Indian edtech companies to achieve global reach
Mohan Lakhamraju, Founder and CEO of Great Learning, emphasized the significance of this milestone: “Reaching $118 million in revenue reflects our commitment to bridging the skills gap in the workforce. Our growth is driven by our focus on quality education and creating impactful learning experiences that drive real career outcomes for our learners.”
Looking Ahead
As digital transformation continues to reshape industries, the demand for professional upskilling is expected to grow further. Great Learning’s success story serves as a blueprint for emerging edtech startups, highlighting the importance of focusing on quality, maintaining strong partnerships, and ensuring positive learning outcomes.
The company’s achievement also underscores the maturation of India’s edtech sector, showing that sustainable growth is possible through a focused approach to addressing market needs. As the industry continues to evolve, Great Learning’s model of combining quality education with scalable technology solutions could inspire the next generation of educational technology innovations in India.
