New Delhi: Notesgen , the fastest growing peer-to-peer notes eXchange platform for students to learn and earn in the world, raised $100k in angel funds and enhanced its product to become the first platform to offer personalized notes feed for each student based on their preferences, keywords and field of study. The platform has achieved another milestone by crossing 400,000 users base worldwide.
The company has taken new initiatives to revamp its product offerings to support personalization technology. This includes features like allowing students to register their field of study, keywords and search terms which are used to create individual oriented notes feed from their databases with highly relevant and useful content for the user. Additionally, students can download Notesgen curated more than 25,000 notes from professional educators and top students as recommended content. A powerful search-based trending content feed mechanism has also been added so that students can check out the top content related to their interest.
Notesgen has also improved integration with cloud-based storage to enable students to upload notes easily from dropbox, google drive and other repositories. It has also improved social sharing of notes and introduced a bonus credit system for user referrals. The UI/UX has been revamped to make it easier to identify credibility of authors, preview notes better and get notified for wish-list faster.
All of the improvements are available via its iOS and Android apps as well. Notesgen has reported over 10 minutes per session average engagement with its mobile app which is a strong indication of the value its student generated content brings to other students.
Commenting on the fund raise and new product features, Manak Gulati, founder & CEO of the company, said, “Student makes notes to understand a point or concept better in their own way. This individualized way of understanding a concept gives other students key insights and learning that is unique about Notesgen. This is the reason we are seeing over 400k users from 100+ countries without any marketing spends.”
Notesgen also announced a follow-on funding of $50k by its angel investors. To further help accelerate the product roadmap and marketing, Mr. Arvind Jha, ex-head of engineering at Adobe India and a leading technologist and digital /social media strategist, has joined its board to drive Notesgen to 1 million active users by Dec 2016. Notesgen also revealed an impressive panel of advisors including Mr. Amit Ranjan, Founder of Slide Share and Mr. Satya Narayan, Founder/CEO of Career Launcher.