As the COVID 19 crisis heralds an unprecedented surge for the Education Technology sector, EdTech startup Bada Business is witnessing an impressive 30% month on month growth. Led by ace business coach Dr Vivek Bindra, the startup’s business management lessons to deal with the coronavirus crisis have gained immense popularity and have fuelled a massive revenue surge.
“With coronavirus giving a major boost to online learning, our business trajectory which was earlier projected to peak in 2025 is peaking already. COVID 19 has in a way preponed the peak. At Bada Business, we are growing 30% month on month, with surging demand for our products. Our annual revenue growth has been at 200% and we are aiming at an annual operations plan of Rs 200 crore this fiscal,” said Dr Vivek Bindra, Founder and CEO, Bada Business.
According to a market research report in 2019, the online education market was projected to reach $350 billion by 2025 globally due to the introduction of flexible learning technologies in the corporate and education sectors. However, now with coronavirus sparking a major remote learning movement, the growth is likely to be much faster.
Established in 2019, Bada Business offers a series of digital business training programs ranging from 2 months to 2 years. The platform has sought to create an alternative business education program for people who are unable to afford or access formal management education. As the COVID 19 crisis plunged the economy into distress, Bada Business designed an online education module to educate entrepreneurs on dealing with the impact of COVID 19. Through a series of online business training sessions, Dr Vivek Bindra and his team educated small businesses on business planning, sales and marketing strategies, digital transformation, cost optimization to tide over the COVID 19 crisis.
The business training sessions have achieved unprecedented popularity during the Coronavirus pandemic with two of the webinars under the series creating Guinness World Records for the largest online business and sales lessons respectively.