Edtech company LawSikho doubles revenue in FY23, adds new vertical

Gurugram-based edtech company LawSikho has experienced significant growth during the 2022-23 fiscal year, with its revenue doubling to Rs 37 crore from Rs 18.57 crore the previous year. The company has set its sights on achieving a revenue of Rs 100 crore by 2023-24. LawSikho attributes its success to the hard work of its team and the increasing demand for its innovative educational solutions.

LawSikho’s COO, Abhyuday Agarwal, expressed his excitement over another year of robust growth and emphasized the company’s commitment to providing the best learning experience for students. Vibhas Sen, Director-Marketing, highlighted the company’s focus on quality legal education through innovative technology and the expansion of its revenue streams, including a new vertical called SkillArbitrage.

LawSikho expanded its offline presence through LawSikho Dialogue, a series of events held across various cities in India, where legal experts shared their knowledge and insights. The company also launched SkillArbitrage, aimed at connecting Indian professionals and students in non-legal domains with job opportunities in the global market.

LawSikho’s commitment to inclusive growth was demonstrated through its announcement of 100% scholarships for 500 persons with disabilities. Siddhant Baid, CMO and Finance Head, attributed LawSikho’s phenomenal growth to the trust of its learners and its ability to bridge the gap between theory and practice.

LawSikho’s findings revealed that a significant percentage of students purchased multiple courses and subscribed to annual course libraries. SkillArbitrage, launched in December, has already generated more than 500 enrollments within the first three months, aiming to provide training and international job opportunities for young professionals from India and other developing countries.

Overall, LawSikho’s consistent growth and expansion efforts reflect its dedication to transforming legal education and shaping the future of the legal practice in India and beyond.

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