Most engineering and medical aspirants in India prefer to join professional coaching institutes to compete. However, many students are unable to keep up with the pace of knowledge consumption. Ultimately, the coaching class is led by a few excellent students whereas the average students fall out of sync very soon. Providing personalised attention to each and every student in a class of around hundred is obviously not an easy task and this is what Indian startup Embibe wants to change.
“Embibe is not just another online coaching class which shoots questions at students and tells them how good or bad they are. Our ultimate aim is to help the average student to better himself through actionable feedback. Embibe can be considered as more of a support service to augment scores than an online coaching class,” said Karan Avasthi, VP, Marketing, Embibe.
Through a series of tests, the Embibe platform tries to understand the student completely. The platform’s analytics detects students’ weaknesses and claims to help them focus on critical areas of conceptual soundness and exam strategy. It also provides a dashboard view of students’ performance including insights like time taken to answer each question versus the ideal time, core conceptual competency, focus areas and more.
“Basically, the platform tries to provide useful intelligence to the students. It helps students understand their strengths and weaknesses at the same time. The concepts which needs more attention are highlighted and the platform automatically adjusts difficulty level and provides assistments until the student has understood the concept completely,” added Avasthi.
Embibe also provides video explanations to students for many questions. It is fuelled by faculty members from premium coaching classes in India. Embibe has a freemium model in which students can avail some free educational services; for using all the features, students need to pay only a minimal amount for a two-year subscription.
“Compared to what students end up paying at professional coaching classes, we feel the fee is very less. Of course, right now Embibe itself will not be enough for students. They should opt for this platform to get actionable insights on their preparation not captured by the traditional offline coaching classes,” said Avasthi.
Embibe grabbed eye-balls when it was invited at Web Summit 2014 held at Dublin in November. It was the only start-up company to be invited from India in Education Technology for its role in harnessing technology and data sciences to enhance the scope of personalised education.
Parabo Press is a breeze to use: It’s clean and easy to read, your options are straightforward, and there are no annoying upsells. Prints from its Risograph machine, which uses soy-based ink and is described by Parabo as having “a cult following since its invention in 1980s Japan.”
“We are creating solutions specifically for the Indian rental community. For Aibnb, we are creating a separate set of packages, more attuned towards travellers, which will allow the hosts to pick and choose from these packages and furnish their house,” Ajith Karimpana
The Make in India programme needs design, in order to succeed in its fundamental endeavour. Melorra has integrated design and manufacturing with processes, people working in manufacturing are involved in product design concepts as a result delivery times are almost half those of competitors.
Red Chillies Entertainment partnered with Furlenco for its forthcoming Shah Rukh Khan and Alia Bhatt starrer ‘Dear Zindagi’. Furlenco and Red Chillies have also launched a TVC and an exclusive ‘Dear Zindagi’ store for the movie buffs.
Sub-cultures drive the products that emerge out of tech startups. Sub-cultures push the envelope on thinking about how society might develop. The ones that interest investors are those with the potential to indicate where the world could go next.
It is a combination of 50% equity and 50% debt, making them one of the largest debt funded start-ups in India. While Furlenco plans to utilise the equity component to grow its business into more cities, the debt will be used to purchase inventory.
Droom has clocked a GMV of Rs 104 crore in a short span of 19 months. They have registered over Rs 1,200 crore in annualised GMV, with plans to achieve Rs 3,000 crore by March 2017. The achievement has come despite low marketing spends at 3.75 per cent of the entire GMV.