Edtech Firms chalk out aggressive expansion plans amid revenue, signup boosts

Edtech firms

Highlights :

Edtech Firms chalk out aggressive expansion plans amid revenue, signup boosts
UpGrad and Toppr are looking at doubling their headcount by the end of this fiscal year
Simplilearn and Vedantu will together be adding more than 2,000 employees in the next eight months

Pumped up with new confidences from strong revenue and user-base growth in the past four months, edtech firms are busy chalking out aggressive expansion and hiring plans.

UpGrad and Toppr are looking at doubling their headcount by the end of this fiscal year.

Simplilearn and Vedantu will together be adding more than 2,000 employees in the next eight months as per their current plans.

Theses companies have seen their revenue and user-base grow as much as 80% since the country went into a lockdown in the late March.

Hiring is taking place across all levels, including in leadership roles and in domains like sales, technology and engineering.

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