Infinity Learn by Sri Chaitanya claimed on Monday that it had achieved a remarkable feat by surpassing Rs 100 crore in revenue from operations, up from Rs 2.3 crore the year prior for the fiscal year ending March 31, 2023.
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. Currently, Infinity Learn has over 750k subscribers and 7 Mn learners accessing content in some form on its platform. The company aims to reach over 50 Mn learners and 1Mn paid learners on its platform by 2025.
As per the official statement by the company, “We are the first company to have become PAT +ve (100 crore+) even before Series A Funding. When you consider that expenses have only increased by 2x during this time, this achievement is even more remarkable.”
This outstanding performance at both the expense and income levels led to a PAT level breakeven in 2022–23 as opposed to a loss of Rs 37 crore the year before. It stated that it could accomplish all of this in less than two years of operation and produced 2x the outcomes of previous EdTechs.
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 continues to set new standards and inspire innovation in the education sector.
Ujjwal Singh, Founding CEO, Infinity Learn by Sri Chaitanya expressed his thoughts and said, “Navigating the ever-evolving EdTech landscape, Infinity Learn has soared with remarkable growth this year. In just over two years, we have not only upheld our relentless dedication to excellence but have also championed responsible growth.”