Extramarks

From Bharatpedia, an open encyclopedia
Extramarks Education
IndustryEdutech
Founded2009; 16 years ago (2009)
Founder(s)Atul Kulshreshtha
Headquarters
Noida
,
India
Area served
India, Indonesia, South Africa, Ghana, Singapore and Middle East
Key people
Atul Kulshreshtha (MD & Chairman)
RevenueIncrease₹200 crore (US$23 million) (2015-16)
Websitewww.extramarks.com

Extramarks Education is an education technology company, that sells online and offline schooling and curricula.[1][2][3] It was founded in 2007, and headquartered in Noida, India.[4]

As of March 2018, Extramarks has tied up with 9,000 government and private schools.[4] It has over 8 million students and over 1.1 million online users.[5]

Extramarks operates in India, Singapore, Indonesia, Ghana, South Africa, and the Middle East. Mukesh Ambani bought a 38.5% stake in Extramarks in 2011.[6] It was listed among Global50 Education Companies 2018 by Tyton Global Growth50.[7]

History[edit]

Extramarks was founded in 2009 by Atul Kulshreshtha.[4]

In November 2011, its 38.5% stake was acquired by Mukesh Ambani owned Infotel Broadband and the investment was done through an affiliate company Reliance Strategic Investments for an undisclosed amount.[6][8][9]

In May 2017, the company launched the test preparation and coaching centres for entrance examinations like Joint Entrance Examination – Advanced, Medical, and Pre Foundation and has classroom coaching centers in Jaipur, Bhopal, Indore, Lucknow, and Haldwani.[10]

Products[edit]

In September 2015, Extramarks launched an Android app called Extramarks Smart Study, which allows students to study for Central Board of Secondary Education (CBSE) and ICSE curricula, ranging from pre-primary (kindergarten) and Class 1 to Class 12.[5]

In August 2017, it developed an app called Total Learning, which allows students to access the curriculum-mapped learning solutions at home and lets teachers and parents track and monitor the student's performance.[11]

In November 2018, Extramarks launched IITJEE Test Prep App, which allows students to take mock online tests for IITJEE preparation.[12] It also has an app called Interactive Learning App, launched in February 2019.[13]

Partnership[edit]

In October 2017, Extramarks Education was tied up with Bharat Sanchar Nigam Limited (BSNL) to provide digital learning solutions to BSNL users.[14]

The company partnered with Power Grid Corporation of India to offer digital solutions at Indian Army-run schools in Jammu and Kashmir in January 2018.[15][16] The digital solutions learning programme, facilitated by Extramarks was inaugurated by General Bipin Rawat, the Chief of the Army Staff (India) at Army Goodwill School, Pahalgam, on May 25, 2018.[17]

The company is also in partnership with Samsung,[18] Intel Education,[19] Advan,[20] New Delhi Municipal Council,[21] Muslim Educational Trust and DRB-HICOM[22]

Recognition[edit]

Year Award(s) Awarding organisation Category Result Ref.
2013 IDA Award WORLDDIDAC India Excellence in K-12 Education Won [23]
2013 IDA Award WORLDDIDAC India Best Product & Solutions Won [24]
2015 National Education Excellence Award ASSOCHAM Best use of Technology in Teaching & Learning Won [25]
2017 Equipment Supplier of the year GESS Awards Secondary and Higher Education Resource Won [26]
2018 Tyton Global Growth50 Tyton Global Education sector Won [7]

References[edit]

  1. ↑ Singh, Amrita (June 22, 2016). "Extramarks turns a new page in growth story". Business Standard.
  2. ↑ "ई एजुकेशन में Extramarks की बड़ी छलांग, BSNL के साथ करार, 11 करोड़ उपभोक्ताओं को होगा फायदा" (in Hindi). News State. October 18, 2017.{{cite news}}: CS1 maint: unrecognized language (link)
  3. ↑ Khosla, Varuni; Bhalla, Mohit (May 1, 2018). "FIITJEE, Extramarks seek more time from NCLT to bid for Educomp". The Economic Times.
  4. ↑ 4.0 4.1 4.2 Pillai, Shalina (March 18, 2018). "MY STARTUP IDEA: Extramarks founder on his eureka moment". The Times of India.
  5. ↑ 5.0 5.1 Johari, Sneha (September 15, 2015). "Extramarks launches Android app for CBSE/ICSE curricula". Medianama.
  6. ↑ 6.0 6.1 "Mukesh Ambani buys 38.5% in Extramarks Education". Business Standard. Press Trust of India. January 21, 2013.
  7. ↑ 7.0 7.1 "Tyton Announces Global Growth50". tytonpartners.com. June 19, 2018.
  8. ↑ "Mukesh Ambani's Infotel buys 38.5% stake in Extramarks Education". Indian Express. November 9, 2011.
  9. ↑ Sen, Sunny (September 4, 2017). "Free to profits: How Jio, Mukesh Ambani's $30bn startup, will make returns". FactorDaily.
  10. ↑ "Extramarks launches test-prep, coaching centres in India". Millennium Post. May 1, 2017.
  11. ↑ "Extramarks launches a Total Learning Application". Daily Pioneer. August 2, 2017.
  12. ↑ "Extramarks launches online app for IIT-JEE aspirants". The Times of India. November 19, 2018.
  13. ↑ "Where Innovation in Education is the Norm - Extramarks!". The Economic Times. February 20, 2019.
  14. ↑ "Extramarks Education, BSNL tie up for offering digital learning solutions". News Nation. October 18, 2017.
  15. ↑ "Five Army Goodwill Schools in J&K to get digitized classrooms soon". ddnews.gov.in. DD News. January 30, 2018.
  16. ↑ "ADG PI - INDIAN ARMY 's tweet". Twitter.com. 29 Jan 2018.
  17. ↑ "Extramarks Education Foundation ties up with Power Grid to offer digital solutions at Army-run schools in J&K". Indian Express. May 27, 2018.
  18. ↑ "Extramarks Education SA (Pty) Ltd". samsung.com. Retrieved August 7, 2019.
  19. ↑ "Intel Education, Extramarks help students go 'bagless'". The Hindu Business Line. March 7, 2016.
  20. ↑ Hidayat, Feriawan (July 18, 2018). "Extramarks Indonesia Luncurkan Solusi Belajar Digital". BeritaSatu.
  21. ↑ "30 MCD Schools to Get Smart Education System". News 18. October 6, 2016.
  22. ↑ Das Gupta, Surajeet (May 18, 2015). "Extramarks wants to take the bag out of school". Business Standard.
  23. ↑ "Extramarks wins IDA award 2013 for Excellence in K-12 Education". India Infoline. October 16, 2014.
  24. ↑ "Product & Solutions award for Extramarks Education". Daily Pioneer. September 12, 2015.
  25. ↑ "Extramarks Earned Awards". Retrieved August 7, 2019.
  26. ↑ "GESS Education Awards Winners 2017". gessawards.com. Retrieved August 7, 2019.

External links[edit]

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