Testbook net worth

Competitive exam preparation platform Testbook has grown at a rapid clip during the last two fiscal years and crossed Rs 35 crore in revenue in FY However, testbook net worth, its losses have gone up around three-fold in the last two fiscal years. Founded inTestbook helps students from smaller cities prepare for government exams through live classes, mock tests and quizzes.

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Testbook net worth

The edtech space has been hyperactive in the past two years. However, the segment got a reality check in recent months with mass layoffs and some early stage startups going under. The company is yet to file its annual financial statement for FY22 but it managed to grow at a fast pace in FY Founded in , Testbook helps students from smaller cities prepare for government exams through live classes, mock tests and quizzes. The firm primarily makes its money from selling online courses and mock test papers which soared It spent IT along with live streaming costs grew Losses consequently kept pace with revenue, jumping 2X to Rs On a unit level, the company spent Rs 2. With its focus on government exams jobs. Testbook needs to maintain a very diversified roster of teachers and trainers, even as it targets smaller cities. Thus, with its focus on set syllabi, patterns and testing, the lower costs of training possibly are matched by the increasing complexity of demand across the country, in terms of multiple languages etc. It will have to be wary of the brand being seen to be good for only one type of exam, even as competition is intense for the more prestigious options like UPSC entrance. Started his professional career from an edtech startup, Harsh has more than four years of experience with startup ecosystem.

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Competitive exam preparation platform Testbook has grown at a rapid clip during the last two fiscal years and crossed Rs 35 crore in revenue in FY However, its losses have gone up around three-fold in the last two fiscal years. Founded in , Testbook helps students from smaller cities prepare for government exams through live classes, mock tests and quizzes. The firm primarily makes its money from selling online courses and mock test papers. Payments to freelancers shot up 3. In the end, its total expenses surged Along with the rising expenditure, annual losses of Testbook also soared Testbook spent Rs 2. According to Entrackr sources, the investment is strategic in nature and Classplus may fold-up Testbook completely into the company in the future.

Testbook net worth

The edtech space has been hyperactive in the past two years. However, the segment got a reality check in recent months with mass layoffs and some early stage startups going under. The company is yet to file its annual financial statement for FY22 but it managed to grow at a fast pace in FY

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BSF SI. OFDC Assistant. Shankar Narayanan and 31 others are Angel Investors in Testbook. Download the list for free. KSP Constable. Delhi Home Guard. Puducherry Field Assistant. View more details of Testbook's Shareholding. SSB SI. SBI Apprentice. Northern Coalfields Limited. For reprint rights: Times Syndication Service.

Online platform offering learning solutions to crack government exams. Most viewed in

Indian Airforce Agniveer. Download Now! View a Sample Report. Trending Stories In Business. Rajasthan 3rd Grade Teacher. BSF Constable. Suggested Test Series. Gujarat High Court Assistant. Losses consequently kept pace with revenue, jumping 2X to Rs Key Points The book value of the equity held by shareholders of a corporation is referred to as "Net worth. HP Police Constable. Find what suits you See pricing plans.