Business Standard

SPONSORED CONTENT

What's this ?

Sponsored Content is a "Paid For" Press Release distribution arrangement. Purely a Commercial Arrangement, brands and advertisers pay to be featured and to get this content published.

The Editorial/Content team at Business Standard has not contributed to writing/editing this article.

To get your brand featured in this Section write to assist@bsmail.in

Board Infinity achieves a revenue growth of 400 per cent over FY 19

Topics
Board Infinity

ANI Press Release 

Tennis player James Blake
Sumesh Nair and Abhay Gupta; Co-founder Board Infinity

Mumbai (Maharashtra) [India], June 9 (ANI/NewsVoir): Board Infinity, an edtech start-up announced that the company has clocked revenue growth of 400 per cent in FY 2020 over FY 2019. Lockdown months (April, May) have recorded the highest growth in terms of monthly revenue where it grew around 30 per cent over March numbers.

The edtech start-up witnessed a significant surge in traffic of 350 per cent with the announcement of the campaign - Learn Safe Online. Since then, it has grown exponentially thus clocking 650 per cent growth in paid learner base compared to the start of lockdown.

During the lockdown, the platform has been able to garner 80 per cent plus attendance rates for its live learning programs aimed at skilling and employability.

is also known for the largest number of industry experts available in India to solve employability related needs for job seekers in the 0-5 years of work experience range. It solves these career needs with industry experts from IIT, IIMs and other reputed educational institutions working in top firms in India and abroad.

Achieving this feat, Sumesh Nair - Co-founder and CEO, commented, "Edtech sector is witnessing upsurge and rapid growth during COVID. We have been able to grow revenues tremendously apart from the user base in the last 3 months. Our focus on productivity, high growth, and bottom line has been 3 factors helping to maintain high cash flows with great margins during these times as well."

"We have launched multiple products to make sure jobseekers benefit during these tough times. Despite the slowdown in hiring, we have been able to deliver employment opportunities for our learners. Some of the companies which hired include names like Sony, Toppr, Andromeda," he added.

He further added that COVID has propelled the growth in online/live classes and having strong fundamentals, technology, and a great team enabled to take advantage of such a high growth phenomenon.

is also currently in advanced stages of discussions with marquee Series A investors for growth into new markets and products and for strengthening learning technology. They aim to be the #1 player in the early career segment in the next 3 years.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, June 09 2020. 13:38 IST
RECOMMENDED FOR YOU

Board Infinity achieves a revenue growth of 400 per cent over FY 19

Mumbai (Maharashtra) [India], June 9 (ANI/NewsVoir): Board Infinity, an edtech start-up announced that the company has clocked revenue growth of 400 per cent in FY 2020 over FY 2019. Lockdown months (April, May) have recorded the highest growth in terms of monthly revenue where it grew around 30 per cent over March numbers.

Mumbai (Maharashtra) [India], June 9 (ANI/NewsVoir): Board Infinity, an edtech start-up announced that the company has clocked revenue growth of 400 per cent in FY 2020 over FY 2019. Lockdown months (April, May) have recorded the highest growth in terms of monthly revenue where it grew around 30 per cent over March numbers.

The edtech start-up witnessed a significant surge in traffic of 350 per cent with the announcement of the campaign - Learn Safe Online. Since then, it has grown exponentially thus clocking 650 per cent growth in paid learner base compared to the start of lockdown.

During the lockdown, the platform has been able to garner 80 per cent plus attendance rates for its live learning programs aimed at skilling and employability.

is also known for the largest number of industry experts available in India to solve employability related needs for job seekers in the 0-5 years of work experience range. It solves these career needs with industry experts from IIT, IIMs and other reputed educational institutions working in top firms in India and abroad.

Achieving this feat, Sumesh Nair - Co-founder and CEO, commented, "Edtech sector is witnessing upsurge and rapid growth during COVID. We have been able to grow revenues tremendously apart from the user base in the last 3 months. Our focus on productivity, high growth, and bottom line has been 3 factors helping to maintain high cash flows with great margins during these times as well."

"We have launched multiple products to make sure jobseekers benefit during these tough times. Despite the slowdown in hiring, we have been able to deliver employment opportunities for our learners. Some of the companies which hired include names like Sony, Toppr, Andromeda," he added.

He further added that COVID has propelled the growth in online/live classes and having strong fundamentals, technology, and a great team enabled to take advantage of such a high growth phenomenon.

is also currently in advanced stages of discussions with marquee Series A investors for growth into new markets and products and for strengthening learning technology. They aim to be the #1 player in the early career segment in the next 3 years.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
image
Business Standard
177 22

Board Infinity achieves a revenue growth of 400 per cent over FY 19

Mumbai (Maharashtra) [India], June 9 (ANI/NewsVoir): Board Infinity, an edtech start-up announced that the company has clocked revenue growth of 400 per cent in FY 2020 over FY 2019. Lockdown months (April, May) have recorded the highest growth in terms of monthly revenue where it grew around 30 per cent over March numbers.

The edtech start-up witnessed a significant surge in traffic of 350 per cent with the announcement of the campaign - Learn Safe Online. Since then, it has grown exponentially thus clocking 650 per cent growth in paid learner base compared to the start of lockdown.

During the lockdown, the platform has been able to garner 80 per cent plus attendance rates for its live learning programs aimed at skilling and employability.

is also known for the largest number of industry experts available in India to solve employability related needs for job seekers in the 0-5 years of work experience range. It solves these career needs with industry experts from IIT, IIMs and other reputed educational institutions working in top firms in India and abroad.

Achieving this feat, Sumesh Nair - Co-founder and CEO, commented, "Edtech sector is witnessing upsurge and rapid growth during COVID. We have been able to grow revenues tremendously apart from the user base in the last 3 months. Our focus on productivity, high growth, and bottom line has been 3 factors helping to maintain high cash flows with great margins during these times as well."

"We have launched multiple products to make sure jobseekers benefit during these tough times. Despite the slowdown in hiring, we have been able to deliver employment opportunities for our learners. Some of the companies which hired include names like Sony, Toppr, Andromeda," he added.

He further added that COVID has propelled the growth in online/live classes and having strong fundamentals, technology, and a great team enabled to take advantage of such a high growth phenomenon.

is also currently in advanced stages of discussions with marquee Series A investors for growth into new markets and products and for strengthening learning technology. They aim to be the #1 player in the early career segment in the next 3 years.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22