Michael & Susan Dell
Foundation backed test preparation startup OnlineTyari, today
announced the acquisition of Plix,
a photo and video sharing platform. Plix’s talented skill sets in the field of
Machine Learning and Pattern Recognition will be used by OnlineTyari to augment
adaptive learning and bring more value to OnlineTyari users in creating a more
personalized experience on its platform. Plix was founded by Apurv Chawla in
2015. Plix intelligently informs users which of their friends might have their
photos, which they may not have shared in the past and can be used to easily
request/share entire albums of photos and videos. This is OnlineTyari’s first
acquisition.
OnlineTyari and Plix, both
Gurgaon based companies, will integrate within the next couple of months. With
Plix’s acquisition, OnlineTyari will now be 75 employees strong.
Vipin Agarwal, Co-Founder and CEO
said, “The acquisition of Plix is strategic to our vision and mission.
Our goal is to improve education and skill development for more than 100
million Indians each year. With Plix, and the talent they bring to our team in
the field of machine learning, image recognition and analytics, we will be able
to deliver on multiple use cases for our users that will solve challenges
around making the platform more intelligent and scalable. We look forward to
working with and building greater value for our users with Apurv and his high
energy team”.
OnlineTyari is a mobile-first
multilingual platform for skill development and career preparation. It offers
customized, curated and vernacular test preparation content, delivered through
very low internet bandwidths. The preparation materials include full mock tests
and current affairs articles. The app has more than 4 million downloads and
helps 400,000 Indians every day in their quest for developing various skills.
Bhola Ram Meena the Founder and
CTO at OnlineTyari mentioned – “Plix acquisition adds an excellent
technology team to OnlineTyari. We are working towards building the next truly
Indian technology platform that helps people of India to study in their local
language and to develop the much-needed solution to their problem of
self-development and career progression”.
“OnlineTyari has disrupted
the market for test prep in India by creating a personalized, data-backed
solution. Its platform approach-- that curates content from multiple partners--
enables them to provide high quality exam content that serves as a one-stop
solution. With our expertise in pattern recognition and machine learning, we
look forward to working on their technology platform to enhance the user
experience. We are excited to be a part of OnlineTyari and of their growth
trajectory”, said Apurv.
Vishal Bhargava – Managing
Partner at Instalabs commented – “This acquisition validates our belief
in the Plix team, who are at the very cutting edge of pattern recognition and
machine learning. The technology is currently being used for more efficient
image/video sharing but can potentially have very powerful use cases in the
edutech space, where OnlineTyari has shown tremendous traction.”