Summary:
According to ixamBee, the merger will help to reach lakhs of aspirants preparing for RBI & other government job exams.
This move will give students an opportunity to experience India’s best leadership on one platform.
ixamBee, a leading online learning platform providing best-in-class technology-based learning solutions for competitive exams has announced the merger of Online Competitive Exam Preparation platform TargetRBI with ixamBee. TargetRBI is an initiative launched in 2012 by former RBI Manager Mr. Susheel Ragade to help students achieve their dream banking and finance job. It provides online courses for RBI, NABARD, SEBI, IRDA, SBI, and other regulatory body exams. With this announcement, Mr. Ragade will also work as a Business Head with ixamBee in which he will lead the regulatory exams courses.
Following this merger, ixamBee aims to strengthen its network to position itself as a top platform providing Government Services exams. This acquisition will provide students with an opportunity to experience India’s best leadership and online learning experience on one platform.
Commenting on the merger, Mr. Chandraprakash Joshi, Co-Founder, ixamBee said, “We are extremely delighted to announce the merger of TargetRBI with ixamBee and welcome Mr. Susheel Ragade to ixamBee. During the last decade, Susheel Ragade has been a friend, philosopher, and guide for lakhs of students, while personally helping thousands of them in getting prestigious jobs in RBI, SEBI, NABARD, IRDA, and other regulatory bodies. With Mr. Ragade’s prestigious background and TargetRBI valuable education module, ixamBee Learning Experience (iLX) is going to become the most preferred online learning course in the government job exams“
Commenting on the merger announcement, Mr. Susheel Ragade, Founder and Director, TargetRBI, said, “70 million students appear for competitive exams every year. The majority of these students come from small towns and villages. With ixamBee’s quest to take online education to real Bharat, I feel privileged to join hands with ixamBee to create synergies by using TargetRBI’s extensive pedagogy experience and ixamBee’s strong technology platform that has 6 million users.”
This is the third biggest achievement of ixamBee in the last quarter. Last month ixamBee raised funds from Mumbai Angels Network. Narendra Shyamsukha from JITO Angel Network and existing investor Keyur Joshi (co-founder MakeMyTrip) and few noted alumni of the ISB, Hyderabad, also participated in the current round. Earlier this week, ixamBee also onboarded Ex-Regional Director of RBI, Dr. Sanjeev Sharma as Senior Advisory – Career Guidance.
