Bangladesh has been heavily relying on coaching centers as after-school education resources. According to the Education Household Survey 2014 by BBS, around one-third of educational costs are spent on coaching centers or private tutoring. In addition to in-person tutoring, EdTech companies in Bangladesh are currently gaining popularity due to their wide range of access and quality learning experiences. With the rise of internet and technology users, EdTech companies are expanding their content and services to meet the student’s needs.

Post-Covid Situation

Back in March 2022, all educational institutions in Bangladesh had to shut down because of a governmental mandate implemented because of the pandemic. As a result, many students and teachers opted for online platforms such as Zoom and Google Meet to conduct regular classes. Additionally, teachers have used online submissions and clouds to store and grade materials.

Ten Minute School

Ten Minute School is a pioneer of EdTech Companies in Bangladesh. Ayman Sadiq launched the company in 2015 as a YouTube channel. Within a few months, it skyrocketed in popularity and turned into the most popular EdTech company in Bangladesh. That channel currently has 2.52 million subscribers. Teaching materials include educational videos, training programs, English language courses and more. The company has a broad targeted audience including students in K-12 and those preparing for university entrance exams, IELTS, GRE Prep, etc.

Technical-Training Companies

In addition to educational lessons, many companies also provide skills training ranging from social media marketing, graphic designing, web designing, software building and more. Some of the technical training and skill-based EdTech companies in Bangladesh include Upskill, BYLCx and CodersTrust. Besides courses in core academic subjects, Upskill also provides corporate training to employees in specific industries. Similarly, BYLCx has training programs in fields such as entrepreneurship, leadership, digital marketing and personal development in hopes of producing more young change-makers in their communities. On the other hand, CodersTrust is more focused on technology, coding classes and training for the digital economy.

According to Digital Mahbub, the Bangladesh EdTech industry can grow at a compound annual growth rate (CAGR) of 15% from 2019-2024. However, due to its somewhat new industry, there is not a wide variety of data related to the industry or its statistical benefits. With an increasing number of internet users, more and more students are opting for EdTech companies as a supplemental method of studying. Not only does it create more job opportunities for recent graduates, but it also provides students with a quality education from the comfort of their homes. Moreover, EdTech companies in Bangladesh are more suitable options for low-income students as these classes are sometimes free or cheaper than traditional coaching centers. Bangladesh is set to graduate from its status as a Least Developed Country in 2026 and EdTech companies will continue to play integral roles in improving literacy and educational outcomes among the population.