Genext Students, India’s first hybrid tutoring platform which connects parents with the best home tutors for their children, has raised $580,000 in its pre-Series A funding round from undisclosed investors.Genext Students aims to leverage the freshly raised capital to fortify its team, strengthen its tech backbone and expand the services to new cities such as Bengaluru, Lucknow, Jaipur, Hyderabad and Chennai.
Launched in February 2013, Genext Students metamorphosed into becoming India’s 1st hybrid tutoring platform by early 2016. With more than 4,000 tutor preneurs and 75% M-O-M repeat customers, Genext Students have completed 20,000+ tutoring sessions in the last academic year across Pune and Mumbai. It has over 1 million users of its digital study content.This one-of-its-kind platform brings quality home tutors along with proprietary content (online & offline) to the doorstep of parents/students, using technology as a key driver. It enables personalized learning for students and provides real-time progress updates to parents.
Commenting on the capital raised, Ali Asgar Kagzi, Co-founder and Director, Genext Students commented, said, “Genext Students is not only an aggregator of tutors, but also an ecosystem that benefits parents, students and tutors equally. In FY 2016-17, we have been able to register over 1000% growth with the optimum blend of offline and online personalized learning services.With our fresh round of funds, we aim to expand our services to more cities across a greater number of geographies and make use of technology in an enhanced manner. With a commendable growth of tutoring sessions witnessed in Mumbai and Pune, Genext Students is on a path of aggressive growth.”
Genext Students offers a combination of private home tutoring and technology-enabled learning across the curricula of national,international and state level syllabi. It bridges the existing discovery, connection and delivery gap in the K-12 education system. Genext Students helps parents in finding and connecting with the best home tutors in their vicinity easily and, in turn, offers enhanced and personalized learning outcomes for the students.Apart from delivering content in English, Genext Students is the first Ed – Tech Company to have launched content for Hindi medium students in India.