Emeritus, a leading provider of accessible and affordable high-quality education, has clinched the top spot in TIME Magazine's inaugural "World's Top EdTech Companies of 2024" ranking.
This prestigious recognition underscores Emeritus's significant impact on global education and its unwavering commitment to delivering top-notch online education.
The top ranking signifies Emeritus's impressive growth orbit, with a staggering 75% increase in growth over the previous year, firmly establishing it as a frontrunner in the industry. Offering a diverse array of courses from renowned universities worldwide, including the University of Cambridge, Harvard Business School, and MIT Sloan, Emeritus has empowered learners across more than 80 countries.
Ashwin Damera, Co-Founder and CEO of Emeritus, expressed his gratitude for the honour, attributing it to the dedication of the Emeritus team and the steadfast support of learners and partner institutions globally. Damera emphasized Emeritus's mission to democratize access to high-quality education, highlighting the transformative impact of their work.
TIME Magazine, in partnership with Statista, evaluated edtech companies based on a comprehensive framework encompassing financial strength, industry impact, revenue, employee growth, and funding data. Emeritus's exceptional performance across these metrics, coupled with its quality offerings and expansive user base, propelled it to the top spot.
This recognition not only underscores the enduring significance of online learning but also reflects the growing demand for accessible educational opportunities tailored to the needs of working professionals seeking career advancement.