Kshitij Education India, the Gurgaon based online academy, focused on JEE and PMT preparation, is in talks to raise as much as $3 Million as Series A funding from its existing and other new investors.
According to sources privy to the deal, Kshitij Education India would use this fund to widen and deepen its reach amongst the growing base of students spread all across the globe. The institute plans to implement its marketing strategies to reach out to more students in exploring more strategic locations around the globe.
Although Kshitij primarily focuses on Gulf and Far East, today students from countries such as Japan, Australia, Malaysia, Indonesia, Singapore, Hong Kong, Gulf, Africa, Americas knows Kshitij Education India as the one stop solution provider for all things related to Engineering & Medical Entrance Exam preparation.
The institute want to expand its reach and widen its base across the geographical locations its already present. Kshitij has conducted more than 200 national & International level workshops and have gained patronage from eminent educationists in the International CBSE schools outside India. The institute also claims that so far it has touched upon more than 1,00,000 students through workshops, demo classes and live classes.
About Kshitij Education India
Founded in 2012, Kshitij Education India as India’s 1st True live online academy for JEE PMT Preparation has received an overwhelming response in the students’ fraternity. “Kshitij has been the sole provider of live online classes in the gulf and Far-East countries for years together,” says Prashant Ranjan, founder of Kshitij Education India. Prashan, himself as an IIT aspirant and cracked IIT JEE in 2008 and also realised that how difficult it is for the students to travel to Kota for the preparation of JEE and that was the time when the idea of E-learning in the form of live online classes was sown in his mind. Prashant identified the underlying factor which drove the crowd to Kota, the IIT trained teachers, who were otherwise not available to the students in remote areas of the country.
In the early years of formation, Prashant also identified a new cohort of JEE and PMT aspirants who were completely deprived of quality training – the OCIs and NRI students. Every year several thousand students take JEE Mains from the locations abroad especially from the Gulf and Far East locations. Kshitij presently the sole provider of live online classes of JEE and PMT to the NRI students have garnered a solid reputation in the space. With the new funding, the online academy will explore more geographic locations, capitalise the knowledge of pulse of the Gulf region and replicate the same on other foreign locations.
What Kshitij Offers:
IITians@YourHome, touted to be India’s first true live online classes that brings IITians and NITians live right in the online classrooms of the students where 2/3rd of the desktop screen is converted to the blackboard where the video of the teacher appears to give the students a feeling of the classroom training. “A typical class in our academy is enabled by a full two way duplex communication between the teacher and the students and are perfect substitutes of the offline coaching classes,” says Yash Vardhan, Sales & Country Head, Kshitij Education India.
Beginning the financial qtr. 2015, Kshitij has launched its Correspondence Course and Online Test Series as further addition to its bouquet of Core Products including the IITians@YourHome. Presently we have been concentrating on the increasing popularity of the JEE Mains online test format which has been assuming importance increasingly.
Kshitij has carved a niche for itself with its USP in the Correspondence course and Online Test Series domain, has managed to become one of the top online institutes in the country. It needs cash infusion to compete with the new breed of online test prep segment players such as embibe.com, toppr.com and PlancessJee and further fortify its base. The online test prep segment has seen a lot of activity on the investment front in the past one year. Marquee investors from the early to mid stage VC investment fraternity and investments have been in the range of $ 4 to $ 10 Million.
Company Name: Kshitij Education India
Contact Person: Yash Vardhan
Address:Level 5, Srei Tower, Sec 18
State: Delhi NCR