The Ed-tech start-up firm aims to triple the revenue of Rs 35 crore clocked in 2020-21 to Rs 100 crore
Ed-tech start-up uFaber Edutech aims to grow five times over the year-ago period by looking to hire 1,000 employees over the next six months.
The bootstrapped Ed-tech start-up firm, which has on-boarded one million learners so far and aims to increase that count to 10 million over the next two years, offers hyper-personalised learning solutions and the company is looking to grow its subscriber base from 60,000 to one lakh across offerings.
The Ed-tech start-up firm aims to triple the revenue of Rs 35 crore clocked in 2020-21 to Rs 100 crore in the on-going fiscal by way of subscriptions and growth in user base.
“Our bet on hyper-personalised learning with trainers at the centre of it is paying off”, Rohit Jain, co-founder and chief executive of uFaber Edutech, said. “As the pandemic forced the shift to online/virtual learning, parents are seeking learning options beyond the curriculum for their children, and they find the value of an expert trainer personally coaching their child quite appealing”.
The Ed-tech start-up firm is also looking to exponentially expand its trainer base from the current 2,800.
The Ed-tech start-up firm was among the first to identify the potential of qualified women professionals working from home with its “eMaester” programme, which currently has 2,800 women trainers.
The firm currently has 3,000+ hours of video content and a base of 60,000+ students. Learning is imparted through interactive videos, accessible via web or an app.