Extramarks

Extramarks Education is an education technology company, that sells online and offline schooling and curricula.[1][2][3] It was founded in 2009, and headquartered in Noida, India.[4]

Extramarks Education
TypePrivate
IndustryEdutech
Founded2009 (2009)
FounderAtul Kulshreshtha
Headquarters
Noida
,
India
Area served
India, Indonesia, South Africa, Ghana, Singapore and Middle East
Key people
Atul Kulshreshtha (MD & Chairman)
Revenue₹200 crore (US$28 million) (2015-16)
Websitewww.extramarks.com

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

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

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

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
YearAward(s)Awarding organisationCategoryResultRef.
2013IDA AwardWORLDDIDAC IndiaExcellence in K-12 EducationWon[23]
2013IDA AwardWORLDDIDAC IndiaBest Product & SolutionsWon[24]
2015National Education Excellence AwardASSOCHAMBest use of Technology in Teaching & LearningWon[25]
2017Equipment Supplier of the yearGESS AwardsSecondary and Higher Education ResourceWon[26]
2018Tyton Global Growth50Tyton GlobalEducation sectorWon[7]

References
  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.
  3. Khosla, Varuni; Bhalla, Mohit (May 1, 2018). "FIITJEE, Extramarks seek more time from NCLT to bid for Educomp". The Economic Times.
  4. Pillai, Shalina (March 18, 2018). "MY STARTUP IDEA: Extramarks founder on his eureka moment". The Times of India.
  5. Johari, Sneha (September 15, 2015). "Extramarks launches Android app for CBSE/ICSE curricula". Medianama.
  6. "Mukesh Ambani buys 38.5% in Extramarks Education". Business Standard. Press Trust of India. January 21, 2013.
  7. "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.
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