EdTech Startup EdSARRTHI, a Mentorship Platform Raises Seed Funds

At a time when Edtech Startups are facing funding crunch, Investors are still showing interest in early stage startups. One such startup is  EdSARRTHI, which provides Mentorship for competitive examinations like UPSC CSE. The Startup has raised its seed fund from a group of Angel Investors. The Founder Varun Jain, IIT Roorkee Graduate says “The fund will be utilized to further Expand the Team and Diversify Product offering”

Journey so Far
EdSarrthi started in September 2020 during lockdown when the Edtech Sector was booming with a lot of funding coming from the investor. For 1.5 years the startup was Bootstrapped and managed to get 7000 Paid Customers on its learning app. During this period the startup has more than 1 lakh Unique Visitors on its web portal and app with an average 12 Minute Engagement time. 

The Union Public Service Commission (UPSC) has announced the final results for the UPSC Civil Services exam 2021 recently, 685 students made it to the merit list out of which 36 students got selected through EdSarrthi. Their 6 students scored in the Top 50 rank at All India level & 9 students in Top 100.  Founder Varun Jain says "It's a big achievement for us. We are focused on offering our students needs, I'm confident that we'll Perform stronger in the upcoming years".

In Online Education Era the study content has multiplied enormously creating  “Problem of Plenty for the Students”. Problem of Plenty means when a student has multiple sources to study from, but he/she is unable to decide the right source. It also means a situation where students gather a lot of information, but don't know how to utilize it in examinations. This is the exact Problem, EdSarrthi is solving through its mentorship initiative.

Challenge from Offline
Recently the Edtech sector is facing a challenge of profitability leading to employee layoff among the major Edtech players. Co-Founder Prafful Agarwal, MBA from HULT, San Francisco says ”The company has had a Positive Cash Flow in the past 1.5 years and now has raised the fund to further scale up the operations. We are here to build a Sustainable Company fulfilling the aspiration of investors, employees and its customers.”

Future Vision
With the opening of offline coaching centers, EdSARRTHI plans to move into  Hybrid model through its CoStudy Physical Spaces led by EdSARRTHI Mentors. Co-Founder Prafful Agarwal,says “The problem of plenty will magnify with the growth of content based Edtech companies. We plan to offer our services in State PCS and other competitive exams in near future.”

Startup has also rolled out its plan to build partnerships with various public and private institutions. The focus incase of public institution is on providing quality Mentorship in remote areas while incase of private institution it is on Mentoring at an early age.