upGrad acquires Noida-based test prep provider Exampur
Aug 2, 2022, 13:37 IST
Higher edtech platform upGrad on Tuesday said it has acquired Exampur which is a test-prep provider for government jobs, for an undisclosed sum.
Noida-based learning platform Exampur aims to reach Rs 70 crore (nearly $7.5 million) in revenue this fiscal.
Co-founded in 2018 by Vivek Kumar and Vardan Gandhi, the platform has a user base of over 10 million students.
"We've created an integrated learning portfolio for our learners and within that matrix, we see test-prep as a high potential growth driver," said Gaurav Kumar, President, Corporate Development, upGrad.
"I'm confident that their day-on-day live delivery capabilities with 200+ teachers through its channel are set to redefine vernacular learning for a larger base of youth," Kumar added.
Exampur offers over 200 test-prep courses for govt. jobs where most of the content is delivered through its YouTube channels for the UPSC, SSC, defence, banking, teaching and other state-level government jobs.
Cumulatively, Exampur has a growing subscriber base of over 12 million with an average viewership of 2.5 million students.
Ninety per cent of paid users of Exampur are from tier 2, 3 and 4 markets.
"We want our learners to walk that extra mile to understand the key to cracking such competitive exams and this is where we have created a hybrid learning model through our digital presence," said Kumar and Gandhi.
Additionally, Exampur offers online test series, free quizzes and live scholarship tests.
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Noida-based learning platform Exampur aims to reach Rs 70 crore (nearly $7.5 million) in revenue this fiscal.
Co-founded in 2018 by Vivek Kumar and Vardan Gandhi, the platform has a user base of over 10 million students.
"We've created an integrated learning portfolio for our learners and within that matrix, we see test-prep as a high potential growth driver," said Gaurav Kumar, President, Corporate Development, upGrad.
"I'm confident that their day-on-day live delivery capabilities with 200+ teachers through its channel are set to redefine vernacular learning for a larger base of youth," Kumar added.
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Cumulatively, Exampur has a growing subscriber base of over 12 million with an average viewership of 2.5 million students.
Ninety per cent of paid users of Exampur are from tier 2, 3 and 4 markets.
"We want our learners to walk that extra mile to understand the key to cracking such competitive exams and this is where we have created a hybrid learning model through our digital presence," said Kumar and Gandhi.
Additionally, Exampur offers online test series, free quizzes and live scholarship tests.
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SEE ALSO :Google removes over 1.11 lakh pieces of bad content citing the new India IT Rules
The worst of the rupee's decline might be over as market expects US Fed to dial down pace of hikes