Education Sector in India

Education in IndiaOnline Education

Young Population in India70 LakhsSchools in India2 Lakhs

Colleges in India0.26 LakhsGross Enrollment Ratio for Higher Education18%

Population with internet access14 Crores

Avg time on internet per week58 Hours

Mobile Penetration81 Crores

E-Learning Industry (2017)US$ 40 billionE-LearningModesUnstructured Courses:QuoraWikiPediaYahoo AnswersForums

Structured Courses:Massive Open Online Courses (MOOCs)Online facility by universities (INSEAD)Government facilitations (NPTEL)

CourseraFor Profit MOOCTuitions, scholarships, tests, peer to peer evaluation, forums and discussions, Founded in 2012Initial partnership with universities like Stanford University, Princeton, the University of Michigan, and the University of Pennsylvania116 institutes partnered for course contentWorkforce of 120 people Available in 12 languages with a user base of 22 million across 190 countriesUS$ 85 Million of funding and US$ 1 million in revenues till Dec 2013

Andrew NgFounder & ChairmanAsso. Prof of Computer Science at Stanford UniversityDaphne KollerFounder & PresidentRajiv Motwani Prof of Comp Sci at Stanford UniversityRichard C. LevinCEOF. W. B. Professor of Economics at Yale University

Funding

How does Coursera make money?