The edtech company Moodle, with headquarters in Australia, has announced the opening of Moodle India, a subsidiary. The action is a part of the business’s plans to grow in the Indian edtech market. According to Martin Dougiamas, CEO of Moodle, the company plans to increase its employee base in India by 25%, from 70 to 98 employees, in the next four to five years. Moodle’s primary focus in India will be on educational institutions and corporates, helping them create personalized online learning spaces for their students and employees, respectively. Two months after buying Hyderabad-based EdTech startup eAbyas Info Solutions for an undisclosed sum, the company launched Moodle India.
The platform of Moodle now fully incorporates the eAbyas software. Dougiamas, who founded Moodle in 2001, claims that it supports 41 million courses in 142 languages worldwide. According to Dougiamas, the company’s open-source software has so far assisted thousands of educational institutions and organizations in enrolling students in more than 1.8 billion courses. Additionally, he stated that Moodle’s services and products are used by about 60% of Indian higher education institutions. Moodle’s plans for growth in India come at a difficult time for the nation’s EdTech industry.
Also Read: Kalyan Jewellers Celebrates Women’s Achievements with #HerMilestones Campaign
A number of factors, such as shifting consumer behavior. Weak market sentiment, and the ongoing Russia-US war, have an impact on the funding of EdTech startups. Due to the unstable conditions, several EdTech startups, including DUX Education, Udayy, LIDO Learning, Crejo.Fun, SuperLearn, and Qin1, have permanently stopped operations since 2022. Despite these difficulties, Moodle is still upbeat about its future in India. The company is in a good position to capitalize on the rising demand for online learning solutions in the nation with the launch of Moodle India and the integration of eAbyas software.
