What Arihant Academy does

Arihant Academy Limited is a Mumbai-headquartered, NSE-listed (since 2022) coaching institute founded in 1998 that delivers school-level and competitive exam preparation across five product lines: SSC, ICSE, CBSE, Science (NEET/JEE/MHT-CET), and Commerce (CA/CS). It operates 40+ physical coaching centers concentrated in the Mumbai Metropolitan Region (Borivali, Andheri, Thane, Dadar, Ghatkopar, Vasai, etc.), with active expansion into Nashik, Ahmedabad, and Rajasthan (Jodhpur, Beawar, Bhilwara, Jhunjhunu, Nagaur). The company serves over 12,000 enrolled students at any given time and reports 150,000+ cumulative students coached since inception. Named student outcomes include multiple state and All-India rankers (100% in SSC, AIR 2 in ICSE, AIR 1896 in NEET-UG, AIR 1 in CS-Executive).

The core technology asset is the Arihant Edge App, launched in 2020 during the COVID-19 disruption, which provides online classes, recorded lectures, tests, and progress tracking layered on top of the in-person classroom model. Sub-brands include Arihant Books (study material) and acquired brands ZEAL Academy (51% stake acquired Oct 2024 at Rs 17 crore valuation) and Carmel Classes (acquired Apr 2025 for $1.2M). Recent product extensions include a Certified Internal Auditor course and a FinTech Analytical Program offered in partnership with NSE Academy.

The business model is a direct-to-consumer subscription/recurring tuition model. Students enroll for board-cycle or competitive-exam coaching programs with stream-specific phone inquiry lines driving inbound demand; pricing is not publicly disclosed. FY26 (ended 31 March 2026) consolidated revenue was Rs 64.87 crore with PAT of Rs 9.11 crore, representing 52.57% revenue growth and 104.85% PAT growth versus FY25. Marketing is multi-channel organic (SEO, blog content, Facebook, Instagram, Twitter, LinkedIn, YouTube, WhatsApp) supplemented by word-of-mouth from documented toppers, with no paid acquisition metrics disclosed. Headcount is 251-500 employees, consistent with a multi-site teaching-and-administration operation.

Name

Arihant Academy

Legal name

Arihant Academy Limited

Website

https://arihantacademy.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Arihant Academy Limited is a Mumbai-headquartered, NSE-listed coaching institute operating 40+ centers across India, delivering in-person and app-based preparation for SSC, ICSE, CBSE, Science, and Commerce students targeting board exams and competitive tests including NEET, JEE, and CA/CS.

Ownership category

akta.pro rank

Product category

Educational Coaching Services

NAICS

Exam Preparation and Tutoring (611691), Educational Services (611), All Other Schools and Instruction (61169)

SIC

Services-Educational Services (8200)

akta.pro primary industry

K–12 Standardized Assessments & Benchmark Exams Prep (State tests, MAP, ISEE/SSAT) (EDANABAD)

akta.pro secondary industry

Advanced STEM & Competition Coaching (MathCounts/AMC/AIME/USAMO, Science Olympiad, Physics/Chem Olympiads) (EDANAKAF)

Keywords

• Coaching classes
• Board exam preparation
• Competitive exam coaching
• School tuition services
• Test preparation programs

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Coaching and Tuition Services: Coaching fees for SSC, ICSE, CBSE, Science, and Commerce streams. Students enroll in coaching programs with ongoing tuition payments for course duration.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Arihant Academy operates in-person coaching institutes and a proprietary mobile learning app (Arihant Edge) that prepare school and junior college students for SSC, ICSE, and CBSE board examinations, as well as Science and Commerce streams for competitive exams such as NEET, JEE, MHT-CET, CA, and CS. It sells tuition and coaching services on a recurring, course-duration basis through 40+ physical centers and the Arihant Edge App, supplemented by add-on professional certification courses with NSE Academy.

Product overview

Arihant Academy is a Mumbai-based educational coaching institute offering a comprehensive suite of coaching programs across multiple boards (SSC, ICSE, CBSE) and streams (Science, Commerce). The core product is the Arihant Edge App, which delivers online classes, recorded lectures, tests, and progress tracking. The institute provides coaching for school-level education (Classes 8-12), competitive exam preparation (NEET, JEE, MHT-CET), and professional courses (CA, CS). New offerings include certification programs in partnership with NSE Academy such as the Certified Internal Auditor course and FinTech Analytical Program. Additional resources include free board exam past papers. The company operates 40+ centers across Mumbai, Nashik, Rajasthan, and Gujarat regions, serving over 12,000 students.

Differentiator

Problem solved

Functional benefit

Brands

• Arihant Edge App: Mobile application for online classes, academic support, tests, progress tracking, and learning resources launched in 2020

Products and services

• SSC Coaching Coaching for Maharashtra State Board Secondary School Certificate covering Classes 8-10, focused on board exam preparation, conceptual clarity, and mock test practice.
• ICSE Coaching Coaching for Indian Certificate of Secondary Education curriculum for Classes 8-10, emphasizing in-depth theoretical understanding and application-based learning.
• CBSE Coaching Coaching for Central Board of Secondary Education curriculum for Classes 7-12, aligned with NCERT syllabus and Competency-Based Education requirements.
• Science Coaching Coaching for Science stream (Physics, Chemistry, Mathematics/Biology) for Classes 11-12, including preparation for NEET, JEE Main, and MHT-CET competitive exams alongside board preparation.
• Commerce Coaching Coaching for Commerce stream for Classes 11-12 covering Accounts, Economics, and Mathematics, with preparation for professional courses such as CA and CS.
• Arihant Edge App Proprietary mobile learning application providing online classes, recorded lectures, tests, progress tracking, and academic support across all Arihant Academy courses.
• Certified Internal Auditor Course Professional certification course offered in partnership with NSE Academy for students pursuing internal audit career pathways.
• FinTech Analytical Program Certification course in financial technology offered in partnership with NSE Academy, covering financial analysis, digital banking, and investment platforms.
• NEET/JEE Preparation Integrated coaching program for NEET and JEE entrance exams alongside board exam preparation, featuring mock tests, concept clarity, and regular assessments.
• CA/CS Coaching Coaching for Chartered Accountant and Company Secretary professional examinations, including CS Executive and CSEET preparation.
• Board Exam Past Papers Free-access repository of previous years' ICSE board exam papers for student practice and exam preparation.

Quantifiable outcome

• 100% score achieved by student in SSC Board Examinations 2026
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• NSE AcademycoreStrategic or Co-development Partner · 1 January 2026Partnership with NSE Academy to offer Certified Internal Auditor certification course, expanding career-oriented programs for students.
• Carmel ClassescoreOthers · 10 April 2025Acquired Carmel Classes for $1.2 million to expand educational footprint.
• ZEAL AcademycoreOthers · 24 October 2024Acquired 51% stake in ZEAL Academy at valuation of Rs 17 crore. Deal helps Arihant expand educational offerings and presence in the Mumbai Metropolitan Region.

Scale indicators9 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Allen Career Institute: Kota-headquartered JEE/NEET coaching leader with aspirational brand and pan-India student pull. Comparable to Arihant in test-prep product offering, residential and classroom coaching model, and outcome-driven positioning (top rankers).
• FIITJEE: Pan-India JEE/NEET coaching chain with a strong school-integrated and classroom-based model. Comparable to Arihant in board + competitive exam prep product mix, multiple-board (CBSE/ICSE/state boards) coverage, and physical center distribution.
• Resonance: Kota-based JEE Main/Advanced, NEET, and board exam coaching institute with pan-India physical and online presence. Directly comparable to Arihant in product mix (board + competitive), center-based delivery, and aspirational targeting of Class 8-12 students.
• Vidyamandir Classes: Mumbai-headquartered coaching institute specializing in JEE Main/Advanced, NEET, and board exam preparation for Classes 8-12. Direct competitor to Arihant in the Mumbai Metropolitan Region with overlapping science, board, and competitive exam offerings.
• Aakash Educational Services: Pan-India NEET and JEE coaching chain, also NSE/BSE listed, with extensive physical center network. Directly comparable to Arihant in competitive exam coaching business model and listed-company structure, though at a much larger national scale.
• PACE Junior Science College: Mumbai-based integrated junior college + JEE coaching institution competing directly with Arihant in the same Mumbai sub-markets. Comparable in board (HSC/ICSE/CBSE) plus JEE/NEET offering and Mumbai-centric student demographic.

Emerging players

• Vedantu: Live online tutoring platform for Classes 6-12, NEET, and JEE preparation. Comparable to Arihant in target student segments (middle/high school, competitive aspirants) but competes on price and convenience through a digital-only delivery model.
• Unacademy: Online learning platform with strong teacher-led NEET, JEE, and board exam preparation. Competes with Arihant for the same student demographic in competitive exam prep but delivers via live online classes rather than physical centers, representing the disruption threat to Arihant's model.

Broad incumbents

• Think and Learn (BYJU'S): India's largest edtech platform offering K-12, competitive exam, and professional courses online. Adjacent competitor to Arihant in NEET/JEE/board exam prep, but at a vastly larger scale and via an asset-light digital model that pressures traditional coaching unit economics.

Regional players

• L.K. Singhania Education: Mumbai-based ICSE-focused coaching and tuition provider. Comparable to Arihant in Mumbai presence and ICSE board exam prep offering, though more narrowly focused on ICSE and lacking Arihant's multi-board and competitive exam depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ArihantAcademy_
• YouTubeyoutube.com/channel/UCYV56h_rEpqHNNTOwn_gFFA
• Facebookfacebook.com/ArihantAcademyOfficial
• LinkedInlinkedin.com/company/arihantacademyofficial
• Instagraminstagram.com/arihantacademyofficial

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arihant Academy