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Edtech startup Learnbay sees 300% growth in 2023

Learnbay, a prominent professional upskilling ed-tech startup, reports a 300% growth in online education between 2022 and 2023. Learnbay has emerged as a preferred destination for professionals seeking to enhance their expertise and stay ahead in the fast-paced digital landscape due to its innovative approach to skill development and comprehensive courses.

Learnbay’s commitment to changing how people learn and acquire valuable skills has yielded impressive results. The startup has a database of over 350 recruitment partners, demonstrating its strong industry connections and market recognition. Recent statistics show that Learnbay students are successful, with notable placements in leading companies.

Learnbay’s impressive growth goes beyond financial metrics. The company is expanding its workforce by hiring 100 sales, marketing, and development people. This initiative enhances Learnbay’s presence and helps to create job opportunities in the education sector. The startup keeps innovating by releasing new tools and courses centered on Chat GPT and Generative AI, which have been integrated into its comprehensive curriculum, providing students with cutting-edge skills and knowledge.

Concerning the current growth trajectory, Mr. Krishna Kumar, CEO, Learnbay, says, “We are extremely proud of Learnbay’s rapid growth and success in the professional upskilling landscape. Our strong partnerships demonstrate the value and trust placed in our programs. The recent recruitment figures highlight the demand for sector-specific skills and validate our commitment to delivering industry-aligned courses. We are excited to continue expanding our offerings, launching new domain-specific courses, and equipping professionals with the skills needed to thrive in today’s evolving job market.”

Learnbay has seen recruitment demand vary among sector-specific disciplines, highlighting the demand for sector-specific disciplines. The BFSI industry accounts for 25% of student placements, demonstrating the industry’s growing demand for skilled professionals. Healthcare is close behind at 14%, highlighting the importance of expertise in this critical sector. It stands at 11%, while Sales, Marketing, Logistics, and Supply Chain secure 8% and 4%, respectively. E-commerce holds a 2% placement rate, while 36% of students find opportunities in other sectors. 

Learnbay has launched new domain-specific courses in HR and marketing as part of its continuous commitment to providing relevant and industry-aligned courses. Learnbay aims to address specific skill gaps in these sectors by focusing on vertical stories and highlighting the value of these new programs, giving professionals a competitive edge.

Learnbay’s rapid growth, impressive recruitment figures, and commitment to innovation solidify its position as a leading professional upskilling ed-tech startup. Learnbay is focused on empowering professionals and driving the future of online education, with a wide range of courses, strong industry connections, and a track record of success.

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BRL Editor
BRL Editor
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