Extramarks
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| Company type | Private |
|---|---|
| Industry | Edutech |
| Founded | 2007 |
| Founder | Atul Kulshrestha |
| Headquarters | , |
Area served | India, Indonesia, Africa, United Arab Emirates, Singapore, United Kingdom |
Key people | Atul Kulshrestha (MD & Chairman) Ritvik Kulshrestha (CEO) |
| Revenue |  ₹300 crore (US$36 million) (2021) |
Number of employees | 4500+ (2021) |
| Website | www |
Extramarks Education is an Indian education technology company, that provides online and offline schooling and curricula.[1][2][3] It was founded in 2007 by Atul Kulshrestha, the company is headquartered in Noida, India.[4]
As of March 2022, Extramarks has partnered with more than 15,000 government and private schools.[4] The company claimed that It has over 10 million students.[5][6] The company has trained more than 1 million teachers.[6]
Extramarks operates in India, Singapore, Indonesia, Ghana, South Africa, United States and the Middle East. Mukesh Ambani bought a 38.5% stake in Extramarks in 2011.[7]
History
[edit]Extramarks was founded in 2007 by Atul Kulshrestha.[4]
In November 2011, its 38.5% stake was acquired by Mukesh Ambani owned Infotel Broadband and the investment was done through an affiliate company Reliance Strategic Investments for an undisclosed amount.[7][8][9]
In May 2017, the company launched the test preparation and coaching centres for entrance examinations like Joint Entrance Examination (Mains and Advanced), Medical and foundation (Classes VI-X) and has classroom coaching centers in Jaipur, Bhopal, Indore, Lucknow, and Haldwani.[10]
In April 2022, the company re-designed its logo and changed the visual appearance.[11]
Products
[edit]In September 2015, Extramarks launched an Android app called Extramarks Smart Study, which allows students to study for Central Board of Secondary Education (CBSE) and ICSE curricula, ranging from pre-primary (kindergarten) and Class 1 to Class 12.[5]
In November 2018, Extramarks launched IITJEE Test Prep App, which allows students to take mock online tests for IITJEE preparation.[12] It also has an app called Interactive Learning App, launched in February 2019.[13] In March 2019, it launched Extramarks Achieve, a mentorship program to provide one-to-one guidance and support to students.[14]
In October 2019, it created and launched an Artificial Intelligence-based chatbot called 'Alex' to help students clear their doubts.[15] Extramarks launched kids learning app called Lil One in November 2020.[16]
In March 2022, the company launched "The Teaching App" for school institutes and teachers, private teachers, coaching staff and home tutors to set up online classes coupled with a robust assessment platform, extensive content repository, live class platform and digital classroom management tools.[17]
Partnership
[edit]In October 2016, Extramarks partnered with New Delhi Municipal Council to deploy a smart education system in NDMC schools.[18]
In February 2020, the company was partnered with Indraprastha Institute of Information Technology, Delhi (IIIT-Delhi) to promote and encourage research in Artificial Intelligence.[19] It tied up with Mahindra Lifespaces in October 2020.[20]
In February 2022, the company announced its multi-year deal with Arsenal Football Club to become its official learning partner in India, South Africa and the Middle East.[21]
References
[edit]- ^ Singh, Amrita (June 22, 2016). "Extramarks turns a new page in growth story". Business Standard.
- ^ "ई एजुकेशन में Extramarks की बड़ी छलांग, BSNL के साथ करार, 11 करोड़ उपभोक्ताओं को होगा फायदा" (in Hindi). News State. October 18, 2017.
- ^ Khosla, Varuni; Bhalla, Mohit (May 1, 2018). "FIITJEE, Extramarks seek more time from NCLT to bid for Educomp". The Economic Times.
- ^ a b c Pillai, Shalina (March 18, 2018). "MY STARTUP IDEA: Extramarks founder on his eureka moment". The Times of India.
- ^ a b Johari, Sneha (September 15, 2015). "Extramarks launches Android app for CBSE/ICSE curricula". The Economic Times.
- ^ a b Shanthi, S. (2022-06-08). "Enriching Educational Experience in a Hybrid Classroom Setting". Entrepreneur. Retrieved 2022-12-10.
- ^ a b "Mukesh Ambani buys 38.5% in Extramarks Education". Business Standard. Press Trust of India. January 21, 2013.
- ^ "Mukesh Ambani's Infotel buys 38.5% stake in Extramarks Education". Indian Express. November 9, 2011.
- ^ Sen, Sunny (September 4, 2017). "Free to profits: How Jio, Mukesh Ambani's $30bn startup, will make returns". FactorDaily.
- ^ "Extramarks launches test-prep, coaching centres in India". Millennium Post. May 1, 2017.
- ^ Das, Archana (12 April 2022). "EXTRAMARKS REBRANDS TO OFFER HOLISTIC LEARNING". Impactonnet.com. Retrieved 2022-12-10.
- ^ "Extramarks launches online app for IIT-JEE aspirants". The Times of India. November 19, 2018.
- ^ "Where Innovation in Education is the Norm - Extramarks!". The Economic Times. February 20, 2019.
- ^ "Extramarks unveils personal mentor programme for students". The Hindu Business Line. May 3, 2019.
- ^ Vaishnav, Dhyanesh (October 3, 2019). "Extramarks Education deploys AI chatbot to solve students' doubts round the clock". The Hindu Business Line.
- ^ "Lil One by Extramarks – New App for Early Childhood Learning Launched by Extramarks". Millennium Post. November 21, 2020.
- ^ Kahekashan (2022-03-16). "Extramarks launches an all-exclusive 'The Teaching App'". Thehansindia.com. Retrieved 2022-12-10.
- ^ "30 MCD Schools to Get Smart Education System". News 18. October 6, 2016.
- ^ "IIIT-Delhi partners Extramarks to encourage research in AI". The Economic Times. February 10, 2020.
- ^ "Realty firm Mahindra Lifespace ties up with Extramarks Education". New Delhi: Business Standard. October 8, 2020.
- ^ Srivastava, Prasoon (17 July 2022). "Extramarks aims to double revenue to Rs 1,000 crore this fiscal". Financial Express. Retrieved 2022-12-10.
