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Exampur Closes Pre-Series A Strategic Investment

Exampur has gone from strength to strength after successfully launching their mobile application in July 2019, establishing their own publishing house for books and study material in different categories.

Exampur is one of the most exciting EdTech platform that provides government jobs related exam preparation to aspirants through their mobile application and YouTube channel focusing on vernacular languages and the billion strong hinterland.

In the last three years since its founding by Vivek Kumar, who hails from a village in Bulandshahar, it has silently built a vast base of 12 million subscribing aspirants across 27 its Youtube channels covering all major exams from entry level government jobs to UPSC. It saw an average viewership of 2.5 million students, making it the top viewed channel in this space.

Commenting on the virgin round, Vivek Kumar Founder & CEO said – “Public sector employs 20 million in India and that’s the vast majority of quality jobs when you look at the real span of India. I come from a small village and it is my dream to make it easy for those hundred million aspirants who are seeking to do better in life by getting through competitive exams. Technology has got to be the ladder for those dreamers in India’s four thousand towns and six hundred thousand villages.”

Adding further, Vardan Gandhi, Co-founder & Managing Director of Exampur said: “The capital raised will be deployed to unlock growth by expanding the services portfolio and the multiplicity of exam segments and languages to deliver tailored value to our students. ”

Exampur has gone from strength to strength after successfully launching their mobile application in July 2019, establishing their own publishing house for books and study material in different categories. Taking a leaf from Amazon’s wholefoods play, it launched successful face-to-face coaching centre for students who wish to study offline. It has served more than 400,000 paid subscribers till date and has also enabled 10000+ students to secure their dream jobs as part of their outcome-based commitment. The revenues have followed their online success, with Exampur closing March 2021 with a monthly revenue of Rs 5 crore-plus. The already profitable company is projecting to triple its revenues in less than 18 months.

BIORx Venture Advisors acted as an exclusive advisors on the Pre-Series A fundraise. Thanking BIORx Team, Vivek Kumar commented – “Building a multi-lingual, multi-niche education platform that is everyday held accountable to quality of results – is a complex and diligent task. We look forward to raise our Series A investment in consecutive month’s time for the next level of scale.”

The lead Angel Investor Prashant Kumar, founder of Entropia, and the previous CEO, Asia at Interpublic group commented: “competitive exams are the only real gateway for the vast majority of mass aspirations. Exampur sits right at the cusp of those aspirations, the bounties that technology brings and result-oriented quality. This is truly a business for a Centicorn. We are delighted to help the revolution.”

Vishal Gandhi (Founder & CEO, BIORx Venture Advisors ) said: “We are delighted to continue support the young and deeply passionate founders Vivek and Vardan in the growth journey. To me, Exampur brand represents a wonderful convergence of Business and Social Impact.”

Source: Business World

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