Great Learning, a leading EdTech company, achieved an impressive 23% year-on-year revenue growth in FY24, reaching $118 million (~₹992 crore). Both EBITDA and net profit were positive for the fiscal year, reflecting the company’s strong focus on profitability and sustainable growth. This growth was driven by rising global demand for upskilling in artificial intelligence and significant business momentum in key markets like North America and Europe. Acquired by Byju in 2021, Great Learning underwent a transition in October 2023 when its financial lenders took over its ownership to safeguard and protect the company. Despite the ownership change, Great Learning has continued to excel, cementing its position as a global leader in AI upskilling. Founded 11 years ago, Great Learning collaborates with top-tier institutions such as Johns Hopkins, Duke University, IIT Bombay, and industry leaders like Microsoft and Amazon to offer cutting-edge degree and certificate programs in fields like data science and artificial intelligence. The company’s continued focus on innovation and partnerships ensures it remains at the forefront of the rapidly evolving EdTech industry.
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