 "Abhishek Patil, Satish Kumar")
With most competitive examinations being conducted online, students are increasingly looking at online courses as an alternative to books and institutes. Bengaluru-based start-up Oliveboard is trying to provide need-based learning and remedial content for Master of Business Administration and job-oriented examinations.
Founded in 2012 by former Inmobi employees, Abhishek Patil and Satish Kumar, it offers a learning module where one can access video content and tutorials to understand the subject, and a practice section that helps him/her solve mock question papers and daily tests, all synchonised across mobiles and personal computer.
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The start-up supports 15 competitive exams. It has at least 260,000 registered users from across the country, and plans to bring one million more on board in the next 12 months. In an already crowded test prep market, with presence of start-ups like Toppr, MeritNation, Byju's and MockBank, Oliveboard has created a niche with its 'gamified group study platform', which allows users to collaborate and compete with friends in live group study sessions in a game-like environment. About 250 students can participate in a session.
Oliveboard raised an undisclosed amount last week from India Educational Investment Fund, an early-stage impact investment fund established by Michael and Susan Dell Foundation.
The start-up has been profitable since January 2015.
While continuing to build on success in theses exams, it plans to add 10-15 similar ones in the graduate test prep space.
