The digital revolution has changed the conventional system of education. It is no longer confined to schools and classrooms. Moreover, emerging technology has given education a new phase, making learning engaging, inclusive and individualized. Consequently, this has led to the growth of the edTech and edTech franchise in India.
What is an Education Franchise?
An education franchise is a business model where an edTech allows individuals or organizations to run their business under the parent company’s brand. In this system, the franchisor lays down certain terms and guidelines and offers support for branding, advertising, products, or services.
Why is the EdTech Franchise in India booming?
The growth of EdTech companies rapidly increased post-pandemic. The COVID-19 pandemic normalised the shift from physical classrooms to online classrooms. Also, it emphasizes the view that digital tools are an essential part of the education sector.
In addition to that, the Government launched various initiatives like digital campaigns and the National Education Policy (NEP 2020) to inculcate digital skills and learning in education where EdTech plays a key role.
Moreover, Indian youth has become aspirational. Most of them prepare for competitive exams along with their school exams. For this reason, students enroll in online educational platforms to bridge the gap in their skills, focusing on achieving the competitive exams. Hence, edTech companies evolve rapidly as they cater to the demands of young students by providing online courses and resources.
Furthermore, EdTech has an important role in providing education services in remote or rural areas. This has led to the emergence of EdTech franchises in India making it the most profitable business in India.
The Best 11 EdTech Franchise in India
1. Henry Harvin EdTech Franchise in India
Henry Harvin is a leading edTech company that provides upskilling programmes and other business solutions. Recently, Henry Harvin was featured by Forbes, rating 4.8. It is a government-recognized platform. Moreover, it offers ISO-certified programmes. Partnering with a leading brand like Henry Harvin allows it to grow its franchisee as a leading education franchise. Therefore, associating with Henry Harvin as a franchisee can be the most profitable education franchise in India.
Here are the conditions for becoming a franchise partner of Henry Harvin.
- Pay a nominal fee to become a franchisee. Additionally, an office in a commercial or semi-commercial space.
- The revenue-sharing proportion is 50:50.
- Role of Henry Harvin: As a franchisor, Henry Harvin provides CRM, official email, and call center solutions. Additionally, it offers the official logo of Henry Harvin and graphics for branding. In addition to that, Henry Harvin proper mentorship to the marketing and sales team at regular intervals.
- Role of Franchisee: The franchisee has to abide by the condition of enrolling students from time to time and generate revenue.
2. Watts Education
Watts Education is an internationally recognised edTech platform that offers language programmes. Specifically, the platform uses a unique method of language acquisition, imbibing the contributions of renowned linguists. As a result, becoming a Watts Education edTech franchise in India enables the franchisee to grow as an edupreneur.
These are the terms to start a Watts Education education franchise.
- It requires an office in a commercial or semi-commercial space.
- In addition to that, Watts Education provides complete support in branding and marketing. Moreover, it allows franchisees to use the CRM, official email and call center solutions.
- Most importantly, the franchisees must enroll students regularly and generate revenue.
3. Kodakco
Kodakco is a premier edTech company with offices in Hyderabad and San Francisco. Kodakco provides upskilling programs and consulting services in Medical, language, Six Sigma, and Design. Additionally, it offers programs in ERP courses such as SAP Business Suite S/4HANA, SAP Cloud Platform,m, and many more.
Moreover, it is a leading edTech franchise in India. These are the conditions to follow for the Kodakco education franchise:
- First and foremost, the proportion of revenue is 50:50.
- Furthermore, the franchisee must pay a franchisee fee and require a commercial space.
- In addition, the franchisor provides complete support in branding and marketing, ensuring the franchisee can effectively establish and grow their business.
- The franchisee has to enroll candidates and generate revenue.
4. UpGrad Education Franchise
Upgrad is a leading online EdTech company that offers Data Science, Technology, Management and Law programmes to individuals, working professionals and organisations. These programmes are designed and delivered in collaboration with the best institutions across the world such as IIT Madras, Bangalore, Deakin University, etc.
The terms and conditions to be an education franchise of upGrad.
- Investment – 15-20 Lakhs.
- A commercial or semi-commercial space with 500-700 sqft.
- UpGrad as a franchisor provides brand leverage through the ATL campaign. Moreover, it offers extensive support and continuous engagement.
- As upGrad franchisee, you must be a legally registered entity.
5. Pace Career Academy
Pace Career Academy is an education platform that offers Digital Marketing, Data Science, Machine Learning and Human Resources programmes. It consists of certified trainers who provide hands-on learning experiences to their learners.
When considering the Pace Career Academy franchise, several terms and conditions must be met.
- To begin with, the investment for the Pace Career Academy education franchise ranges from Rs 3 – 12 lakhs.
- Moreover, the franchisee can expect a monthly income of Rs 80000 – Rs 1,80,000.
- In addition to that, 360-degree marketing support from the franchisor. This includes advertisement and complete courseware. Furthermore, it covers an experienced management team who supports updating the laws, compliance, etc.
- The franchisee can expect an ROI within 3 months.
6. Toppr EdTech Franchise in India
Toppr is a premier educational platform that supports students preparing for board and school examinations. In addition to that, it assists students to crack olympiads and other competitive exams like NEET and JEE. The Toppr edTech franchise must fulfil following requirements:
- The infrastructure investment of the Toppr education franchise is between 1-2 lakhs. Additionally, the franchisee has to pay an amount of Rs 50000 – Rs 1 Lakh.
- The period of education franchise with Toppr is 5 years.
- The best part of the Toppr franchise is that the time to set up the business is 5 days.
- Requirements: A Toppr education franchise requires a shop between 300-500sqft. Moreover, the office must have a reception area and counselling desk, internet connectivity and CCTV surveillance set-up.
- Role of Toppr: As a franchisor, it supports its franchisee with course pricing, marketing, client acquisition, relationship management and teacher training support. Moreover, it helps in advertising the brand in the local network and digitally. In addition to that, they offer study materials, training manuals, business management software and operation manuals.
- Franchisee: To become a Toppr edTech franchise in India, a franchisee should be a graduate of 24 years old and above. Another important point to be qualified is that the franchisee must possess business experience.
7. Vedantu Education Franchise
Vedantu is an education platform that provides tutoring services to K-12 students. It helps young candidates to achieve high scores in competitive exams and the board examinations.
The following are the terms to become a Vedantu education franchise:
- An investment amount of 70-80 lakhs.
- Additionally, the tenure of the franchise is for 5 years. Once, the franchise period is completed, it can be renewed with a renewal fee of 7.5 lakhs.
- Moreover, as a franchisor, Vedantu offers support in Brand marketing which is done through digital media.
- The brand royalty for franchisees is 25%.
8. Career Launcher
Career Launcher is an excellent institute founded by IIT and IIM alumni. It focusses on different dimensions of education and offer coaching for various age-groups. It provides coaching for individuals preparing for competitive exams such as MBA, IPM, CUET, etc. Additionally, it offers tuitions to students from class 8. Moreover, Career Launcher supports candidates by providing online degrees and certifications.
The terms to become an Career Launcher education franchise are given below.
- Role of Career Launcher: As a franchisor, Career Launcher supports in curating a business plan and provides a unique, relevant methodology. Moreover, it supports the franchisee with training, technical and sales support. Further, it assists in establishing the franchise as an global education brand.
- Role of franchisee: Franchisee must take care of the initial and ongoing investment, office space and recruitment of employees. Moreover, franchisee plays a key role in getting permission from the local authorities, and following the norms and regulations of Career Launcher.
9. Unacademy Education Franchise
Unacademy is an excellent educational platform that delivers classes for competitive exams and other upskilling courses. It had a humble beginning as a YouTube channel grown into a prominent edTech.
These are the terms to become an education franchise of Unacademy.
- The investment for the Unacademy franchise is Rs 5-10 lakhs.
- The duration of the Unacademy franchise is 5 years. Moreover, the setting up of business takes 5 days.
- Revenue sharing: Franchiser approximately 10% and franchiser approx. 90%.
- Role of Unacademy: The franchisor provides product and service, branding and marketing support. Moreover, it provides study materials and training manuals.
- Unacademy franchisee: The franchisee must agree to Unacademy terms and conditions, and provide necessary documents. Additionally, the franchisee must be a graduate with business experience.
10. Humming Bird Education
Hummingbird Education is a pioneering education platform that offers Olympiads in maths, science and English for candidates of classes 1-12. It is the first Olympiad company listed on the Bombay Stock Exchange. Moreover, it provides various practice, tests, tutorials and assessments to the candidates. As an education franchise, Hummingbird Education aims to generate multiple incomes for its partners.
The conditions to become Hummingbird Education franchise.
- Firstly, an investment between Rs 50000-2lakhs, making it an accessible option.
- In addition, the tenure of the franchise is 2 years.
- As a Hummingbird Education franchise, the franchisee can earn income through territory and hierarchy mapping. It provides both online and offline products and no space for an office is required. Additionally, the business outreach is both B2B and B2C.
- Role of franchisee: The franchisee must be able to visit the schools in their region. Moreover, they have good communication and interpersonal skills.
11. 90+ My Tuition App
90+My Tuition App is an edTech company that provides digital tuition to kids. It deconstructs the traditional way of giving tuition with the help of technology. Moreover, through this company, kids can learn the concepts with fun.
The terms to follow as a 90+ My Tuition App education franchise.
- Total investment is between Rs7- Rs 10 lakhs.
- Role of franchisor: It provides branding, marketing and training support. Moreover, it provides training and study materials.
- The franchisee must have an office space with a mandatory reception and counselling desk.
Conclusion
The time is changing and the education sector has been evolving rapidly. As a result, more students are relying on online education platforms and resources, which has led to the rise in education franchises in India. Consequently, the education franchise highlighted above are some of the most profitable education franchise in India which benefits aspiring edupreneurs. These franchises not only enable individuals to make an impact but also provide a chance to reap financial success.
Recommended Reads
- How to Choose Between Henry Harvin ACCA and Zell ACCA?
- The Truth About Henry Harvin’s Credibility
- The Advent of EdTech: A Comparative Analysis of Aptech and Henry Harvin Franchise Models
FAQs
1. How can we ensure the quality of the EdTech franchise in India?
Ans: The quality can be ensured by following the parent brand’s terms and guidelines. Additionally, continuous evaluation and identifying improvement areas help maintain the quality.
2. Is the franchise tenure fixed for every company?
Ans: No. it varies for different EdTech companies.
3. Does the franchisee have to sign the agreement?
Ans: Yes. The franchisee has to sign an agreement of terms and conditions with the franchisor.
4. What is the duration to set up the EdTech franchise?
Ans: It depends on the EdTech company. Some EdTech franchises don’t need more time to set up as they function online.
5. Is there any policy to return the franchisee fee?
Ans: No. The franchisor’s return policy doesn’t allow the return of the franchisee fee.
