Meet the Team Behind XPrep, the Young Ed-Tech Firm which just got funded by Facebook
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At a time when Ed-tech firms are eyeing investments to scale up, Facebook pumped $50 Million into a Bangalore Ed-Tech startup Byjus earlier this year making it clear that the social networking giant saw growth and development of startups working in the education sector in India.
It has further emboldened its belief by now investing in a tutor enablement platform,XPrep , under its global programme, FBStart.
FBStart programme is helping early stage mobile startups in growing and expanding services. Xprep has received $40,000 worth of credits and services from Facebook and its partners like AWS, Dropbox , Adobe and MailChimp. It has also earned access to a community of developers and mentorship from the Menlo Park-headquartered team of FB engineers.
Taking a cue from the hardships faced during their coaching days, IIT Roorkee alumnusMukul Rustagi and NSIT alumnus Bhaswat Agarwal decided to start XPrep in September 2015. It was also one of the finalists of this year’s Unitus Seed Fund and Sylvant Advisors’ StartEdu programme.
The platform is as of now trying to fill the gap within the tutor-parent community by establishing a continual and seamless engagement within the student-parent-tutor ecosystem.
It is enabling parents to monitor their child’s progress during the course of tuition while helping tutors serve their batches efficiently and scale their business. XPrep equips its tutors with a mobile app to assist them in conducting their classroom and communicating with the parents in a transparent manner, all at their fingertips. The mobile app lets tutors perform daily tasks like sending out announcements, conducting their quizzes and notifying their classes using the app’s automation techniques.
Mukul Rustagi, CEO, XPrep, says, “There lies a huge opportunity in supplementing the assistance based offline education system using online technologies. We have to provide the kids with the best of both worlds. Paying customers are a testimony to our product and we aim to build better going ahead. FBStart is going to help us achieve this goal faster. ”
Mukul added that FBStart will help them bring down technology costs considerably. “This money can then be redirected to our marketing and team building activities which will, in turn, help us embark on a higher growth trajectory,” he said.
XPrep has acquired a base of 100+ tutors and 6,000+ students across Delhi NCR and plans to expand to other cities soon. "Enabling tutors to increase their efficiencies, scale up their business and monetising the incremental delta of the customer experience while catering to the fulfilment feeling among the parents" - This is the vision that XPrep aims to achieve over the next few months.
We hope they achieve much more than what they have set out for.
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It has further emboldened its belief by now investing in a tutor enablement platform,
Taking a cue from the hardships faced during their coaching days, IIT Roorkee alumnus
The platform is as of now trying to fill the gap within the tutor-parent community by establishing a continual and seamless engagement within the student-parent-tutor ecosystem.
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Mukul Rustagi, CEO, XPrep, says, “There lies a huge opportunity in supplementing the assistance based offline education system using online technologies. We have to provide the kids with the best of both worlds. Paying customers are a testimony to our product and we aim to build better going ahead. FBStart is going to help us achieve this goal faster. ”
Mukul added that FBStart will help them bring down technology costs considerably. “This money can then be redirected to our marketing and team building activities which will, in turn, help us embark on a higher growth trajectory,” he said.
XPrep has acquired a base of 100+ tutors and 6,000+ students across Delhi NCR and plans to expand to other cities soon. "Enabling tutors to increase their efficiencies, scale up their business and monetising the incremental delta of the customer experience while catering to the fulfilment feeling among the parents" - This is the vision that XPrep aims to achieve over the next few months.
We hope they achieve much more than what they have set out for.
Advertisement
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