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Coursera CEO sees highest growth rate from India as compared to any other market

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Coursera CEO sees highest growth rate from India as compared to any other market

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Speaking to CNBC-TV18’s Shereen Bhan, Jeff Maggi-Oncalda, the CEO of Coursera lauded the Indian government saying the amendments to the education policy has been the most innovative and progressive-- he also added that the United States is not moving at the same rate of innovation as India.

We are seeing the highest growth rates from India as compared to any other market--- that’s the word coming in from Jeff Maggi-Oncalda, the CEO of Coursera. Speaking to CNBC-TV18’s Shereen Bhan, he lauded the Indian government saying the amendments to the education policy has been the most innovative and progressive-- he also added that the United States is not moving at the same rate of innovation as India.

Founded in 2012 as an e-learning platform for consumers, academic institutions, businesses, and governments - Coursera is now one of the world's biggest ed-tech platforms with over 100 million registered users as of Q1 of 2022.
The global e-learning giant has added approximately 5 million registered learners in each of the past 6 quarters. Coursera that envisions a world where anyone, anywhere has the power to transform their life through learning, the pandemic has proven that the hybrid learning model is here to stay!
From $184 million in revenues in 2019, the company's revenues grew 59 percent to $293 million in 2020, and in 2021 it clocked a handsome 41 percent growth to $450 million. For 2022, the NYSE-listed firm has forecast revenue of $540 million.
As India's ed-tech sector went mainstream, Coursera saw more learners join from India than any other part of the world during the pandemic. Growing 400 percent year on year- India is now second-largest market in the world and the hub for Asia Pacific.
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