Immense competition is seen in the competitive exams in Bangladesh. Quality educators are scares, specially in the rural areas. We connect these top educators with the students through live class.
Through our services we have successfully reached to 200,000 students in just 1 year. There are 7,000 paid users in our app. 40% of them renewed their services at least once. We have crossed 300,000 live class minutes milestone. Average watch time of our videos by our paid users is 43 mins. This proves our credibility in the market.
Problem or Opportunity
Bangladesh is a densely populated country. Getting into a good college or securing a job is very tough here. Quality educators are scarce, specially in the rural areas. More than 70% of the total education expenditure of a student goes behind these types of competitive exam coaching.
Solution (product or service)
We connect top educators with the students through our platform. Students get live classes, pre-recorded classes, 24/7 doubt solving, tests and quizzes, performance analysis, study materials etc. Besides getting high quality contents students are also saving 60% of the cost and 20 hrs per week.
We generate revenue directly from the subscription fee. Average subscription fee per month is $10. Average new customers each month is 800 resulting in $8000 recurring revenue.