Company Profile is an initiative by ListMyStartUp to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
Suffering? Not able to find a government job? Age limit is going to end in the next coming years, still not prepared for the examinations? In case, you are a general candidate and frightened that SC's and ST's are going to capture your position, please don't get worried about the fact.
Testbook is here to construct your SARKARI future for the upcoming competitive examinations and guide you with all the best materials possible. Maybe you didn't pass in the last examination but this time you are going to score and pass with flying colours. Read the Testbook success story below.
Testbook - Company Highlights
- Startup Name-Testbook
- Headquarter-Mumbai, Maharashtra, India
- Sector-Edtech
- Founders-Yadvendar Champawat, Narendra Agarwal, Ashutosh Kumar, Abhishek Sagar, Manoj Munna and Praveen Agarwal
- CEO-Ashutosh Kumar
- Founded-2013
- Website-testbook.com
Testbook - About
Testbook is a site for aspiring students who dream of passing competitive exams of different kinds. Subscription is needed to unlock the tests for all the available uploaded examinations. The ones who are weak in English, for them the tests are also available in the Hindi language as this language is known and owned by all. The site helps it's candidates to improve their scores.
Testbook - Founders and Team
Yadvendar Champawat, Dr. Praveen Agarwal, Ashutosh Kumar, Abhishek Sagar, Manoj Munna and Dr. Narendra Agarwal are the founders of the company Testbook.
Testbook Co-Founders
Yadvendar Champawat is the head of the technology department and co-founder at Testbook.
Praveen Agarwal is also the co-founder at Testbook.
Ashutosh Kumar is the Chief Executive Officer of the company.
Abhishek Sagar is one among the founding members of Testbook.
Manoj Munna is the co-founder and CBO at Testbook.
Narendra Agarwal is also one of the co-founder at Testbook. Previously, he was the co-founder at ExcelMentors.
Testbook - Business Model
The company has got 100+ online courses and 5500+ mock tests. The concerned site gives 500+ PDFs and study notes of all the courses available as it's mentioned above about the study materials provided. There are various tips and tricks by the masters to improve the candidate's speed. Doubts are always answered ones posted.
Testbook - Revenue Model
The company has got its own way of operating. It operates on a subscription-based revenue model split between mock test subscriptions which costs INR 699 per year and online course subscriptions are at INR 3499 which is still bearable for many citizens. Offers available - 1- day Testbook costs INR 29, 6 - months Testbook costs INR 299 and a yearly Testbook costs INR 399. Offers may often change without prior notice. The users get six-month access here. It also offers shorter subscriptions at INR 1299 for 2 months. It generates a revenue of $4.2 million. The coronavirus pandemic has changed the rate of success. In the month of April 2020, there was 80% revenue growth. Now, the platform has increased exponentially to 6,50,000 learners. Around 10 lakh students attend live online classes. It's a victory!
Testbook - Partnerships And Franchises
The company has got 750+ partners in 90+ cities and 250+ towns of India. In order to open a textbook center in your city, you have to have - computer setup, Internet and inverter facilities, headphones are a must. Revenue is to be made on each agreement. There is a chance of collecting around 1.5 lakh monthly and the investment on the company begins from 75K. Contact number is mentioned above. Interested people can talk to the team agents for more information. The company has got it's centers in many cities - eg. Bhagalpur, Delhi, Patna, Gorakhpur etc.
Testbook - Funding And Investors
Testbook has raised an amount of $12.6 million in funding over the 5 funding rounds.
Testbook - Growth
The company came into existence in January 2013 by 6 IIT Delhi and Mumbai alumni's. They all are geniuses so they know how to operate and this is only the reason behind the growth of this EdTech startup. There were 13,000 registered candidates only for GATE preparation. Can you believe it? Then what is the number if all candidates are calculated as a whole! In the beginning, the company had 55,000 registers as a whole which raised around INR 1.5 crores. If this was the growth rate in 2014, what is the rate now? The growth rate for them is a massive one.
Testbook - Competitors
The company has got its own top 10 opponents. Namely - Toppr, Embibe, Khan Academy, Unacademy, Kaysons Education, Vedantu, Fitjee, Meritnation, Extramarks and BYJU'S.
Let's look at the few comparisons below -
- Toppr is also an online platform like Testbook for entrance exams in India.
- Vedantu has got a live online tutor for its students so it's a bit way different.
- Embibe provides its candidates with personal feedback services.
- Almost all the companies are thinking differently and trying to implement something new to stand in the top position by biting others. This is exactly what competition is meant to be!
Testbbok - Future Plans
Due to the COVID outbreak, this year, the company's future plan is to make the students study safely at home. It's for those who go to the coaching centers placed all around India. The students are to download the guide uploaded in a PDF and study hard by sitting in within their homes.
The surrounding is becoming highly contagious so this was the decision taken by the 6 main team members so that the studies of the concerned students don't get hampered by the situation outside. Internet is a place to learn therefore everybody can make themselves comfortable by using modern technology, staying safe and learning more.
Testbook - FAQ's
What is Testbook?
Testbook is a site for aspiring students who dream of passing competitive exams of different kinds.
What service does Testbook provide?
Testbook helps throughout your preparation journey by daily live classes catering to 100+ government exams like - RRB NTPC, SSC CGL, CHSL, DRDO MTS, SSC JE, IB ACIO, Bank Clerk and Bank PO exams like SBI Clerk & SBI PO, and many more.
Who is the Founder of Testbook?
Yadvendar Champawat, Dr. Praveen Agarwal, Ashutosh Kumar, Abhishek Sagar, Manoj Munna and Dr. Narendra Agarwal are the founders of the company Testbook.
Who is the Founder of the Testbook?
Ashutosh Kumar is the CEO of Testbook.
Is Testbook Test series good?
Testbook Test series Interface is superb. Just like the real exam. Very good mock test practice.
Testbook - Conclusion
Testbook is one of India’s Favorite Government Exam Preparation platform. Testbook helps throughout your preparation journey by daily live classes catering to 100+ government exams like - RRB NTPC, SSC CGL, CHSL, DRDO MTS, SSC JE, IB ACIO, Bank Clerk and Bank PO exams like SBI Clerk & SBI PO, and many more. Textbook's thoughtfully designed courses make sure that you learn systematically and ace your dream exam.
