Emeritus leads the way among edtech companies, standing out
for its strong financial performance, global impact, and
significant industry influence, as recognised by TIME
Magazine
MUMBAI, India, April 30, 2024 /PRNewswire/ -- Emeritus, a
global leader in delivering accessible and affordable high-quality
education, has been ranked as the number one EdTech Company in the
world by TIME Magazine's inaugural "World's Top EdTech Companies of
2024" ranking. This recognition recognises Emeritus's significant
impact on the global education landscape and its commitment to
providing high-quality online education.
The top ranking highlights Emeritus's remarkable growth and
impact through its continuous innovation in the high-quality online
education landscape across the globe. Emeritus witnessed a
staggering 75% growth over the previous year – setting the company
far ahead of its peers. Offering a diverse range of courses from
esteemed universities worldwide, including the University of Cambridge, Harvard Business School, the University of
Pennsylvania, MIT Sloan, Indian School of
Business, Indian Institutes of Management (IIMs), Indian
Institutes of Technology (IITs), the University of Western Australia, John Hopkins, NTU Singapore, Carnegie Mellon, UC Berkeley Executive Education,
INSEAD, Wharton Executive Education, among others. Emeritus has
empowered learners across 80+ countries. This top spot from TIME
Magazine comes right after Emeritus's success story recently became
a case study by the Harvard Business
School.
Announcing this milestone, Ashwin
Damera, Co-Founder and CEO, Emeritus, said, "We are
honoured to be recognized as the top EdTech company in the world by
the prestigious TIME Magazine. We dedicate this feat to the entire
Emeritus team and their dedication to consistently raising the bar,
as well as the unwavering commitment of our learners and partner
institutions around the globe. Chaitanya and I embarked on this
journey with a bold ambition to break down barriers to high-quality
education. This acknowledgment underscores the transformative
impact of our work and inspires us to continue innovating and
expanding our reach."
TIME Magazine in collaboration with Statista evaluated edtech
companies based on a comprehensive framework. Factors for
evaluation included financial strength and industry impact of the
company, as well as revenue, employee growth, and funding data.
Industry impact was assessed the quality and reach of the company's
offerings, intellectual property portfolio, and user base.
Emeritus's exceptional performance across these criteria propelled
it to the top spot.
The global ranking by TIME and Statista also reflects the
enduring significance of online learning in today's industry
landscape. This signifies the growing demand for accessible,
high-quality learning opportunities that cater to working
professionals seeking career advancement.
About Emeritus
Emeritus is committed to teaching the skills of the future by
making high-quality education accessible and affordable to
individuals, organizations, and governments worldwide. It does this
by collaborating with more than 80 top-tier universities across
the United States, Europe, Latin
America, Southeast Asia,
India, and China. Emeritus' short courses, degree
programs, professional certificates, and senior executive programs
help individuals learn new skills and transform their lives,
companies, and organizations. Its unique model of state-of-the-art
technology; curriculum innovation; and hands-on instruction from
senior faculty, mentors, and coaches has educated more than 350,000
individuals across 80+ countries. The Emeritus Group has more than
1,750 employees globally and offices in Mumbai, New
Delhi, Shanghai,
Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. The company is backed by the Chan
Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, GSV
Ventures, Peak XV, Bertelsmann, CPPIB, Accel and SoftBank Vision
Fund 2. For more information, please
visit www.Emeritus.org.
Logo -
https://mma.prnewswire.com/media/2400193/Emeritus_TIME_top_EdTech_companies_2024_Logo.jpg
Logo -
https://mma.prnewswire.com/media/2249692/Emeritus_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/emeritus-claims-top-spot-on-time-magazines-worlds-top-edtech-companies-of-2024-ranking-302132093.html