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.
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.
Here’s a rundown of the Testbook journey from the launch till date.
Testbook Launched GATE Mock Test Series. Within a month of launch, Testbook reached to approximately 13,000 registered users.
Testbook launched mock tests for Aptitude and SBI PO.
10 lakh questions solved in total
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.
1st Ever Live Test for IBPS Clerk Launched
● GATE Live Test launched
● Machine learning utilized to generate test analysis
● 1 lakh registered users
● 50 lakh questions solved
Testbook Online Test Series app launched
2 lakh registered users
Received an undisclosed amount of Series A funding from one of the largest education service providers
Current Affairs App launched
Testbook Ecards launched
Testbook Online Centres launched
5 lakh downloads for Testbook Current Affairs app
● Testbook Smart Lab launched
● 10 lakh downloads for Current Affairs app
● 10 crore questions solved in total
5 lakh downloads for Testbook Test Series App
● 10 lakh registered users
● 20 crore questions solved in total
20 lakh downloads for Current affairs app
Series A Funding Raised from Matrix Partners
● 20 lakh registered users
● 60 lakh Tests Attempted
● Subscription Plans Launched
● 50 Crore Questions Solved
● Testbook participated in Franchise India 2017
● 25 lakh registered users
● 80 lakh Tests Attempted
● ‘Betiya Banengi Memsahab’ Initiative Launched successfully
● 60 Crore Questions Solved
● TB App gets 20 Lakh Installs
● CA App crosses 40 Lakh Installs
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.