Wednesday, Oct 9 2024 | Time 22:48 Hrs(IST)
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Business Economy


Infinity Learn revenue surpasses Rs 100 cr in 2022-23

Hyderabad, Sept 25 (UNI) : Infinity Learn by Sri Chaitanya, India’s only EdTech platform delivering outcome-based learning at scale, on Monday claimed that it has achieved a remarkable achievement by crossing Rs 100 crore revenue from operation for the fiscal year ending March 31, 2023 as against Rs 2.3 crore in the previous year.
The first company to have become PAT +ve (100 crore+) even before Series A Funding, the EdTech platform said in a release here.
This is even more impressive after considering the expense growth of just 2x during this
period.
This impressive performance across both revenue and expense levels resulted in a PAT level breakeven in 2022-23 compared to a Rs 37 crore loss in the previous year.
Produced 2x results compared to other EdTechs, it claimed that all of this is possible within two years of operations.
Infinity Learn’s outstanding financial results are a testament to its dedication to providing high-quality educational solutions and its ability to adapt and thrive in a dynamic market.
With an unfair advantage of Sri Chaitanya’s legacy, Infinity Learn codified years of best practices and outcome based pedagogy into a system that delivers outcomes at scale.
This makes Infinity learn ‘India’s only Outcome based and profitable EdTech start-up’, but also continue to set new standards and inspire innovation in the education sector.
Commenting on the results, Founding CEO of Infinity Learn by Sri Chaitanya, Ujjwal Singh expressed “Navigating the ever-evolving EdTech landscape, Infinity Learn has soared with remarkable growth this year. In just over two years, we haveve not only upheld our relentless dedication to excellence but have also championed responsible growth.
Currently, Infinity Learn has over 750k subscribers and 7 Mn learners accessing content in some
form on its platform. The company aims at reaching over 50 Mn learners and 1Mn paid learners on its platform by 2025.
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