Genext Students Private Limited.
| File:Genext Students.png | |
| Private Limited | |
| ISIN | 🆔 |
| Industry | Education Technology |
| Founded 📆 | 2013 |
| Founder 👔 | |
| Headquarters 🏙️ | Mumbai, India |
Area served 🗺️ | |
Key people | Ali Asgar Kagzi (Co-founder), Asad Daud (Co-founder) |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Genext Students was launched in 2013 as a content delivery platform. In 2016, it transitioned to a hybrid tutoring platform, combining technology-enabled learning with in-person tutoring to improve the quality of education. [1]
Currently, it serves students of the Central Board of Secondary Education, Indian Certificate of Secondary Education, state boards, and international boards for classes K-12 across multiple cities in India.
Conceptualized by the cousin duo Ali Asgar Kagzi and Asad Daud, Genext Students connects home tutors to parents needing tutoring services, utilizing technology. [2]
History
Ali Asgar Kagzi is the co-founder of Genext Students, along with Asad Daud. They conceived the idea for the ed-tech startup while studying at the London School of Economics. In 2013, they launched Genext Students. Initially, they provided only website and mobile app-based educational content, but soon realized that parents and students [3] needed personalized tutors to impart quality knowledge. In April 2016, they added a feature to connect with tutors for personal, home-based tutoring, pivoting to a hybrid learning model (online and offline).
Efforts
Since the business model pivot, Genext Students claims to have created over 6,000 Genext Tutorpreneurs (tutors who are also entrepreneurs) across the cities they operate in. These tutors/teachers [4] are selected through a rigorous process. An estimated 55,000 tutoring sessions are projected to be completed by April 2018. They also have over 1.4 million digital content users across India and the Middle East.
Incorporation of AI Technology
Tutor Profiling
Tutors are selected based on parent requirements, and AI is used to find and shortlist suitable profiles based on those criteria. AI assists in filtering out irrelevant tutor profiles and ranks and rates them for optimal student-parent-tutor matching. [5]
Performance Analysis
Assessment data is analyzed to create personalized content, lesson plans, and performance reviews. Teacher training and mentorship programs are also periodically conducted.
Fundraisers
In August 2016, Genext Students raised Rs 1.4 crore from 1Crowd, an equity crowdfunding platform. Subsequently, in May 2017, they raised Rs 3.75 crore ($580,000) in a pre-Series A funding round from undisclosed investors.[6]
Social Impact Campaigns
In August 2017, Genext Students launched the 'Freedom to Shine' campaign. [7] As part of this campaign, they adopted the villages of Kharpale and Palas in Raigad district, Maharashtra. These villages have a single school each, with approximately 68 students. Genext Students tutors, known as Tutorpreneurs, visited these villages to teach English language and other subjects like Hindi and mathematics.
Awards and Recognition
- Won the Red Herring Top 100 Asia Companies Award (2016) [8]
- Business World Youngest Entrepreneur Award (2017)
- EdTech Review India Young Entrepreneur Award (2018)
Partnerships
Over the years, they partnered with companies such as Ola Cabs, Samsung, Intel, IBM, Vodafone-Idea, Airtel, PVR Cinemas, and others.
See also
References
- ↑ "Imparting quality education". Sakal Times.
- ↑ Korukonda, Ravi (4 April 2018). "Genext Students launches in Hyderabad; aims to empower tutors and students in the city". Start-Up Hyderabad.
- ↑ "Genext Students aims for 80K 'Tutorpreneurs' by 2020". I am Entrepreneur.
- ↑ "Genext Students connects highly trained teachers with students with an aim to impart better after-school education. And it is succeeding". Business World.
- ↑ "For an effective pedagogy". Deccan Herald.
- ↑ "Genext Students raises Rs 3.75 cr in series A funding". The Hindu Businessline.
- ↑ "GenextStudents adopts two villages as part of its 'Freedom to Shine' campaign". Brand Equity.
- ↑ "Ali Asgar Kagzi". My Big Plunge.
External links
This article "Genext Students" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Genext Students. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
