Navi Mumbai, 01 Oct 2018: Testbook – a brainchild of Delhi and Mumbai-based young IITians, Ashutosh Kumar, Narendra Agrawal, Praveen Agrawal and Manoj Munna, was founded in 2014.
From 25 lakh users in November 2017, Testbook as leapfrogged the volume of registered users by 50%, which means that it has touched 50 lakh users in September 2018. Drum roll, please…
Testbook works on a Freemium model where the registered students get free access to many questions for various competitive exams, but they need to pay for access to unlimited questions.
They offer yearly, quarterly and monthly passes to the students at an affordable price.
On this occasion of touching 50 lakh users, testbook is running a campaign of 50% discount on testbook yearly pass i.e Yearly pass would be provided at Rs. 301 only as a part of this campaign.
With its audacious business plan, it has become the umbrella brand for the government and bank exams of India because it offers online test series for all the major competitive exams, video lectures, online coaching, test series android app, current affairs app, Testbook smart labs, Testbook Online Centers, ECards.
You may be wondering what Testbook Smart labs, online centers and e-cards are. Stay tuned to know more!
Testbook Smart Labs is a digital classroom program to help people access computer tests in Bihar and other states where people have limited/no access to computers at their home.
This initiative empowers local institutes/teachers to set up the computer labs to bridge this Internet access gap for the students who aspire to take various competitive exams.
Testbook Online Centers (TOC):
Ramakant is a government job aspirant from a remote village of India, where he has no access to computer at his home. He has never attempted any online tests before. In such a scenario, how can he crack the real government exam if he has not practiced enough?
It’s very important for the candidates to practice well to crack the government exams.
Testbook has brought a solution to such voes by building Online Centers in various cities – Delhi, Jaipur, Sikar, Patna, and Gorakhpur.
TOC is a one-stop solution for the students by providing them with exam-like environment, giving instructions on how to attempt the exam, and helping students with the exam analysis of the attempted tests.
Testbook ECards:
These are the scratch cards available at Smart Labs and online centers where students can purchase these cards and get a unique code. Students need to enter this code in the Testbook portal via their smartphones to access online tests in their cities.
Testbook provides high-quality video lectures on YouTube, crash courses, live classes, etc. which makes it a tycoon of the ed-tech industry.
Testbook Journey:
Here’s a rundown of the Testbook journey from the launch till date.
| Jan 2014:
Testbook Launched GATE Mock Test Series. Within a month of launch, Testbook reached to approximately 13,000 registered users.
May 2014: Testbook launched mock tests for Aptitude and SBI PO.
July 2014: 10 lakh questions solved in total
October 2014: Within a span of six months after Testbook was launched, it gained a large number of registered users, which attracted various investors to invest in the company. Testbook has raised a series of fundings from a number of investors. Testbook received a seed funding of $2,50,000 in October 2014 from Utsav Somani, Shankar Narayanan, LetsVenture and Ah! Ventures.
November 2014: 1st Ever Live Test for IBPS Clerk Launched
Jan 2015: ● GATE Live Test launched ● Machine learning utilized to generate test analysis
April 2015: ● 1 lakh registered users ● 50 lakh questions solved
June 2015: Testbook Online Test Series app launched
July 2015: 2 lakh registered users
August 2015: Received an undisclosed amount of Series A funding from one of the largest education service providers
February 2016: Current Affairs App launched
March 2016: Testbook Ecards launched
May 2016: Testbook Online Centres launched
June 2016: 5 lakh downloads for Testbook Current Affairs app
September 2016: ● Testbook Smart Lab launched ● 10 lakh downloads for Current Affairs app ● 10 crore questions solved in total
November 2016: 5 lakh downloads for Testbook Test Series App
December 2016: ● 10 lakh registered users ● 20 crore questions solved in total
February 2017: 20 lakh downloads for Current affairs app
April 2017: Series A Funding Raised from Matrix Partners
August 2017: ● 20 lakh registered users ● 60 lakh Tests Attempted
September 2017: ● Subscription Plans Launched ● 50 Crore Questions Solved
November 2017: ● Testbook participated in Franchise India 2017 ● 25 lakh registered users ● 80 lakh Tests Attempted ● ‘Betiya Banengi Memsahab’ Initiative Launched successfully ● 60 Crore Questions Solved
December 2017: ● TB App gets 20 Lakh Installs ● CA App crosses 40 Lakh Installs
September 2018: 50 lakh registered users |
As it is rightly said, ‘There’s no shortcut to success’. There’s a lot of dedication, perseverance and hard work behind such a grand success of Testbook.
The above Testbook journey implies that there’s no looking back. Just to add to this, Testbook also received a ‘Silver Play Button YouTube Creator Award’ for crossing a 100,000+ subscribers on June 20, 2018.
Testbook’s vision to disrupt the education system has revolutionised the way of helping the aspirants to prepare for competitive exams.
Starting with GATE, Testbook has gradually launched test series for other exams such as SBI PO, SBI Clerk, IBPS PO, IBPS SO, IBPS Clerk, RRB Group D, RRB ALP, SSC CGL, SSC CHSL, SSC CPO, BOB PO, Rajasthan Police, Syndicate Bank, RBI Officer Grade, BSNL, to name a few. Testbook has launched the test series in Hindi as well.
We just hope that there’s no end to this beginning.
Happy beginnings!
