Mumbai-based education technology startup Toppr has launched live classes on its platform where students can join batches with pre-published schedules, its founder and CEO Zishaan Hayath had reportedly told a daily on 26 August, 2019.
Founded in 2013, Toppr runs an app providing education content for students from classes 5 to 12. This includes test series, question banks, chats for solving doubts and preparation for entrance exams in engineering, medicine, law, and chartered accountancy. Toppr covers 20 boards, 60 competitive exams, and 40 subjects, making the app one-stop after-school learning platform for students across the country.
Speaking on the launch of live classes, Zishaan Hayath, Co-founder and CEO of Toppr, said,
“While we have practice, mock tests and live doubt sessions, live classes completes the circle of addressing student use cases for a learning app. Toppr will remain higher on preference order for students, with higher stickiness, higher conversion to paid plans and some improvement in fee per student.”
According to reports, Toppr live classes will cost Rs.12,000 a year, all subjects included, with classes for 2-5 hours a week. Needless to mention, the company’s earnings come only via subscriptions, although it provides free content. Toppr has about 100,000 paid subscribers, and claims to have doubled revenue and subscriptions in the past year.
Toppr believes that every student is different and has different learning needs. It works to solve student problems using advanced technology and help them learn better. The platform has more than 1.5 million learning pieces, including adaptive practice questions, solutions, concepts, and videos that come together seamlessly to give 360° learning. Toppr uses artificial intelligence-based machine learning algorithms to create personalized learning paths for millions of students.
Besides Toppr, other education technology startup like Vedantu also provides live lessons, in group as well as one-on-one sessions.
Needless to mention, Toppr has raised $35 million in a Series C funding round in December 2018, led by education-focused investor Kaizen Private Equity, venture debt firm Alteria Capital and Brand Capital. Its other investors include venture capital firms SAIF Partners, Eight Roads Ventures and Helion Ventures.