India among top 5 revenue generators for us: Coursera

Image
Press Trust of India New Delhi
Last Updated : Nov 16 2014 | 11:30 AM IST
Online education firm Coursera is in talks with educational institutes and companies in the country as it looks to further expand presence in the Indian market, one of its top-five revenue generators.
Coursera, which offers courses from top global universities like Duke, Caltech, Stanford and Princeton, has recently signed its first partnership in India with the Indian School of Business (ISB).
"We are very excited about the opportunities here. India is our second largest userbase already with 800,000 students registered. It is also one of the top five countries in terms of revenue generated for Coursera," Coursera Chief Executive Officer Richard C Levin told PTI.
He added that India's relative position is likely to improve over time, given the high value Indian employers place on the potential of massive open online courses (MOOCs) for developing skills relevant for employees and prospective employees.
Coursera offers free online courses across multiple disciplines for free. However, it charges a fee for certification for the course. It offers about 800 courses from 115 universities.
"We are educating companies here on the benefits of our model and they have been very receptive. They are interested in using our model for their own employees since its an alternate way of taking courses," he said.
Levin added that Coursera is in discussions with companies on how its courses can be blended and taken offline for training employees.
Coursera's largest market is the US, where it has close to 4 million users. Globally, it has about 10 million people undertaking various courses through its platform.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2014 | 11:30 AM IST

Next Story