Rise India a Gurgaon based aggregator in the education sector has acquired Padhopadhao.com, aggregator for home tutor for an undisclosed amount.
Padhopadhao.com was founded in 2012 by Akhilesh Kumar and Hemant Garg. It allows the students to look for researchers, scholars and teachers. Teachers are provided by them for Olympiads, Medical-PMT, IIT-JEE and other exams. Students are charged accordingly with the subscription plan.
Ajay Chhangani, CEO, Rise India said,
“Padhopadhao.com is a much-needed effort to improve Home Tuition in India.” He further added, “Currently an unorganised sector, however, there is a lot of scope in the home tutions industry. Our effort is to organise this industry in the next few years and through technology and innovative automatic tools, provide an integrated platform to make the entire process beneficial for students as well as for tutors.”
The partnership will allow Padhopadhao.com to expand its operations in Mumbai, Chennai, Bangalore, Jaipur, Hyderabad and Chandigarh. It claims to have more than 48k registered tutors in Delhi-NCR and serves around 60,000 students.
Rise India was founded in 2012, It specializes in providing their Entrepreneurs, Stakeholders, Government and Individual, robust turn-key solutions including Corporate Training, Finance, Education & Skill Development.
Rise India has succeeded in training and provided placements to more than 50k students with sectors such as IT, retail, BSFI, driving, renewable energy and construction.
In 2015, Rise India will invest Rs 35 crore in education startups. With a presence in over 10 states, 85 skill development centers & smart classes in more than 100 school campuses.
Other ed-tech startups raised funding includes Qonfuse a Delhi based ed-tech startup raised an undisclosed amount of seed amount from Hamraj Kumar founder of CureInstant. Cuelearn Pvt Ltd a Bangalore based ed-tech startup which runs after school math learning programmes under CueMath raised a funding of $4 million in its series A round funding from Sequoia Capital.