Here we are giving latest Youtuber and exam Preparation edtech company Exampur owner net worth – startup funding .
Exampur, an EdTech platform that provides government exam preparation solutions, has raised an undisclosed amount in its Pre-series A funding round from a consortium of Singapore-based angel investors.
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Mass edtech platform Exampur has raised an undisclosed amount during its Pre Series A funding round raised from a consortium of Singapore-based angel investors including current and former executives of Coca Cola, Vivendi, Citibank, Qualcomm and Interpublic group.
Started as a YouTube channel by Vivek Kumar, a former teacher in Bulandshahr, online learning platform Exampur has notched up 7 million subscribers and provides prep for UPSC, MBA, and other competitive exams.
Vivek, who passed out from IEC College of Engineering in Noida and gave tuitions to younger kids in his town, Bulandshahr, started Exampur’s YouTube channel in June 2018 by creating and uploading videos.
Founded in 2018 by Vivek Kumar and Vardhan Gandhi, the startup has a vernacular-language YouTube channel that contains educational videos that help government job aspirants prepare for everything from the UPSC to entry-level government jobs. Exampur owner net worth – startup funding .
According to the startup, it has over 12 Mn subscribers across multiple YouTube channels with an average viewership of 2.5 Mn students. It also claims to have more 40 Mn average monthly views on YouTube and more than 400,000 paid subscribers on its mobile app.
Exampur also has offline centres in Delhi, Agra, Lucknow, Kanpur, Prayagraj, Meerut and Patna. According to co-founder Varun Gandhi, the freshly raised capital will be used to expand the services portfolio across exam segments and languages.
Commenting on the virgin round, Vivek Kumar Founder & CEO said – “Public sector employs 20 million in India and that’s the vast majority of quality jobs when you look at the real span of India. I come from a small village and it is my dream to make it easy for those hundred million aspirants who are seeking to do better in life by getting through competitive exams. Technology has got to be the ladder for those dreamers in India’s four thousand towns and six hundred thousand villages.”
Adding further, Vardan Gandhi, Co-founder & Managing Director of Exampur said: “The capital raised will be deployed to unlock growth by expanding the services portfolio and the multiplicity of exam segments and languages to deliver tailored value to our students. ”
Exampur has gone from strength to strength after successfully launching their mobile application in July 2019, establishing their own publishing house for books and study material in different categories. Taking a leaf from Amazon’s wholefoods play, it launched successful face-to-face coaching centre for students who wish to study offline. It has served more than 400,000 paid subscribers till date and has also enabled 10000+ students to secure their dream jobs as part of their outcome-based commitment. The revenues have followed their online success, with Exampur closing March 2021 with a monthly revenue of Rs 5 crore-plus. The already profitable company is projecting to triple its revenues in less than 18 months.
BIORx Venture Advisors acted as an exclusive advisors on the Pre-Series A fundraise. Thanking BIORx Team, Vivek Kumar commented – “Building a multi-lingual, multi-niche education platform that is everyday held accountable to quality of results – is a complex and diligent task. We look forward to raise our Series A investment in consecutive month’s time for the next level of scale.”
The lead Angel Investor Prashant Kumar, founder of Entropia, and the previous CEO, Asia at Interpublic group commented: “competitive exams are the only real gateway for the vast majority of mass aspirations. Exampur sits right at the cusp of those aspirations, the bounties that technology brings and result-oriented quality. This is truly a business for a Centicorn. We are delighted to help the revolution.”
The startup claims to have more than 40 million average monthly views on YouTube and more than 400,000 paid subscribers on its mobile app.
Here we are giving latest Youtuber and exam Preparation edtech company Exampur raises funding.