Edvizo: Difference between revisions
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|title = Edvizo Wiki | |title = Edvizo Wiki | ||
|keywords = Edvizo, education technology, online tutoring, coaching institutes, edtech India, competitive exam preparation | |keywords = Edvizo, education technology, online tutoring, coaching institutes, edtech India, competitive exam preparation | ||
|description = Founded in | |description = Founded in 2016 by Ravi Nishant, Edvizo is an Indian edtech platform connecting students with coaching institutes and offering online tutoring for exams like JEE, NEET, and government exams. | ||
|image = Edvizo Logo.png | |image = Edvizo Logo.png | ||
|image_alt = Edvizo Logo | |image_alt = Edvizo Logo | ||
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| type = [[Private company|Private]] | | type = [[Private company|Private]] | ||
| industry = [[Education technology]], [[Online tutoring]] | | industry = [[Education technology]], [[Online tutoring]] | ||
| founded = {{start date and age| | | founded = {{start date and age|2016|06}} | ||
| founder = Ravi Nishant | | founder = Ravi Nishant | ||
| hq_location_city = [[Bengaluru]] | | hq_location_city = [[Bengaluru]] | ||
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}} | }} | ||
'''Edvizo''' is an | '''Edvizo''' is an [[EdTech]] startup founded in 2016, headquartered in [[Bengaluru]], [[India]]. It operates as an online marketplace that enables students and parents to find, compare, and enroll in private coaching institutes for test preparation. The platform also assists institutes in reducing marketing costs by connecting them with prospective students. Edvizo has established partnerships with thousands of institutes and has facilitated significant user engagement. The company has raised $1.3 million in funding across multiple rounds and aims to streamline access to quality education in India’s competitive academic landscape.<ref name="tracxn">{{cite web |title=Edvizo - 2025 Company Profile, Funding, Competitors & Financials |website=Tracxn |url=https://tracxn.com/d/companies/edvizo |access-date=2025-05-20}}</ref><ref name="financialexpress">{{cite news |title=Edtech startup Edvizo raises $1 million Pre-Series A investment led by IPV |work=The Financial Express |url=https://www.financialexpress.com |date=2021-07-19 |access-date=2025-05-20}}</ref> | ||
== | == Founders & Leadership == | ||
'''Ravi Nishant''' is the founder and CEO of Edvizo. A former student at [[IIT Guwahati]], Nishant dropped out to pursue entrepreneurial ventures. Before launching Edvizo, he conducted extensive market research across cities like [[Kota, Rajasthan|Kota]], [[Hyderabad]], and [[Delhi]] to understand the needs of students seeking quality coaching institutes. His vision for Edvizo focuses on simplifying access to educational resources and empowering students to make informed academic decisions. Nishant led the company to win IIT Guwahati’s National Level Startup Competition in 2020.<ref name="indianexpress">{{cite news |title=IIT dropout series: Labourer’s son dropped out of IIT Guwahati to help young children make right career choice |work=The Indian Express |url=https://indianexpress.com |date=2021-12-08 |access-date=2025-05-20}}</ref><ref name="thestartuplab">{{cite web |title=Edtech Startup Edvizo Raises $1M In Pre-Series A Funding Round |website=The Startup Lab |url=https://thestartuplab.in |date=2021-07-19 |access-date=2025-05-20}}</ref> | |||
== | == Timeline == | ||
{| class="wikitable" | |||
! Year !! Milestone | |||
|- | |||
| 2016 || Ravi Nishant conducts market research across Indian cities to identify gaps in the test preparation industry.<ref name="indianexpress"/> | |||
|- | |||
| 2016 || Edvizo founded by Ravi Nishant in [[Bengaluru]].<ref name="tracxn"/> | |||
|- | |||
| 2019 || Launched [[NLCEE]] | |||
|- | |||
| 2019 || Selected for [[Facebook]]’s startup programme.<ref name="thestartuplab"/> | |||
|- | |||
| 2020 || Wins IIT Guwahati’s National Level Startup Competition.<ref name="thestartuplab"/> | |||
|- | |||
| 2020 || Raises $150,000 in an angel funding round.<ref name="tracxn"/> | |||
|- | |||
| 2021 || Secures $1 million in Pre-Series A funding led by [[Inflection Point Ventures]].<ref name="financialexpress"/> | |||
|} | |||
== Funding == | == Funding == | ||
{| class="wikitable" | |||
! Date !! Round !! Amount !! Investors | |||
{| class="wikitable | |||
! Round | |||
! | |||
! Amount | |||
! | |||
|- | |- | ||
| Angel | | November 2020 || Angel || $150,000 || [[Inflection Point Ventures]]<ref name="tracxn"/> | ||
| | |||
| | |||
| [[Inflection Point Ventures]] | |||
|- | |- | ||
| Seed | | June 2021 || Seed || $150,000 || [[ah! Ventures]]<ref name="tracxn"/> | ||
| | |||
| | |||
| [[ah! Ventures]] | |||
|- | |- | ||
| Pre Series A | | July 2021 || Pre-Series A || $1,000,000 || [[Inflection Point Ventures]]<ref name="financialexpress"/> | ||
| | |||
| | |||
| [[Inflection Point Ventures]] | |||
|} | |} | ||
== | == Business Model == | ||
Edvizo | Edvizo operates as an online marketplace connecting students and parents with private coaching institutes specializing in test preparation for competitive exams. The platform earns revenue by charging institutes a fee for listing and marketing services, which reduces their need for independent advertising. Students and parents access the platform for free to compare institutes based on verified data, such as course offerings, faculty credentials, and reviews. Edvizo’s primary customer segments include students preparing for exams like [[JEE]], [[NEET]], and other academic entrance tests, as well as coaching institutes seeking to expand their reach.<ref name="financialexpress"/><ref name="thestartuplab"/> | ||
== Products / Services == | |||
* '''Institute Comparison Platform''': A web and mobile application allowing users to compare coaching institutes based on location, courses, fees, and reviews.<ref name="tracxn"/> | |||
* '''Enrollment Facilitation''': Enables students to enroll directly in institutes through the platform.<ref name="thestartuplab"/> | |||
* '''Marketing for Institutes''': Provides institutes with tools to reach prospective students, reducing their marketing and branding expenses.<ref name="financialexpress"/> | |||
== | == Growth & Metrics == | ||
Edvizo | As of 2022, Edvizo had partnered with 4,100 coaching institutes and facilitated over 92,500 student enrollments. The platform had more than 120,000 registered users. The company was valued at ₹35 crore in August 2021, with founders owning 78.42% of the company. Specific revenue figures and current team size are not publicly disclosed.<ref name="tracxn"/><ref name="financialexpress"/> | ||
== | == Legal Entity Information == | ||
Edvizo | * '''Legal Name''': Edvizo Media Private Limited | ||
* '''Incorporation Year''': 2017 | |||
* '''Registrar of Companies (ROC)''': [[Registrar of Companies, India|ROC Bangalore]] | |||
* '''Corporate Identification Number (CIN)''': Not publicly disclosed | |||
* '''Registered Address''': [[Bengaluru]], [[Karnataka]], [[India]] | |||
* '''Company Status''': Active<ref name="tracxn"/> | |||
== | == Challenges or Controversies == | ||
Edvizo | Edvizo has faced challenges in verifying the quality of coaching institutes to maintain platform credibility. The company addresses this by conducting personal visits to institutes and implementing strict checks before listing them. No significant controversies have been reported.<ref name="financialexpress"/> | ||
== | == Media & Public Recognition == | ||
* '''2020''': Winner of IIT Guwahati’s National Level Startup Competition.<ref name="thestartuplab"/> | |||
* '''2021''': Featured in [[The Indian Express]] for its founder’s journey and mission to transform education access.<ref name="indianexpress"/> | |||
* '''2021''': Covered by [[The Financial Express]] and The Startup Lab for its $1 million Pre-Series A funding round.<ref name="financialexpress"/><ref name="thestartuplab"/> | |||
== | == FAQs == | ||
* '''What is Edvizo?''' | |||
Edvizo is an [[EdTech]] platform that connects students with coaching institutes for test preparation, offering comparison and enrollment services.<ref name="tracxn"/> | |||
* '''Who founded Edvizo?''' | |||
Edvizo was founded by Ravi Nishant in 2016.<ref name="indianexpress"/> | |||
* '''How does Edvizo ensure the quality of listed institutes?''' | |||
Edvizo verifies institutes through personal visits and rigorous checks before listing them on the platform.<ref name="financialexpress"/> | |||
* '''What exams does Edvizo cater to?''' | |||
The platform supports students preparing for competitive exams like [[JEE]], [[NEET]], and other academic entrance tests.<ref name="thestartuplab"/> | |||
== External Links == | == External Links == | ||
* | * [https://www.edvizo.com Official website] | ||
* [https://www.linkedin.com/company/edvizo LinkedIn] | |||
* [https://www. | * [https://www.facebook.com/edvizo Facebook] | ||
* [https:// | * [https://twitter.com/edvizo Twitter] | ||
* [https:// | |||
== Related Startups == | |||
* [[Unacademy]] | |||
* [[Byju's]] | |||
* [[Vedantu]] | |||
== References == | |||
{{reflist}} | |||
Revision as of 19:15, 19 May 2025
Edvizo Logo | |
| Company type | Private |
|---|---|
| Industry | Education technology, Online tutoring |
| Founded | June 2016 |
| Founder | Ravi Nishant |
| Headquarters | , |
Area served | India |
Key people | Ravi Nishant (Founder & CEO) |
| Products | Coaching institute discovery, Online tutoring, Exam preparation tools |
| Services | Student-institute matchmaking, Virtual classrooms, Performance analytics |
| Website | www |
Edvizo is an EdTech startup founded in 2016, headquartered in Bengaluru, India. It operates as an online marketplace that enables students and parents to find, compare, and enroll in private coaching institutes for test preparation. The platform also assists institutes in reducing marketing costs by connecting them with prospective students. Edvizo has established partnerships with thousands of institutes and has facilitated significant user engagement. The company has raised $1.3 million in funding across multiple rounds and aims to streamline access to quality education in India’s competitive academic landscape.[1][2]
Founders & Leadership
Ravi Nishant is the founder and CEO of Edvizo. A former student at IIT Guwahati, Nishant dropped out to pursue entrepreneurial ventures. Before launching Edvizo, he conducted extensive market research across cities like Kota, Hyderabad, and Delhi to understand the needs of students seeking quality coaching institutes. His vision for Edvizo focuses on simplifying access to educational resources and empowering students to make informed academic decisions. Nishant led the company to win IIT Guwahati’s National Level Startup Competition in 2020.[3][4]
Timeline
| Year | Milestone |
|---|---|
| 2016 | Ravi Nishant conducts market research across Indian cities to identify gaps in the test preparation industry.[3] |
| 2016 | Edvizo founded by Ravi Nishant in Bengaluru.[1] |
| 2019 | Launched NLCEE |
| 2019 | Selected for Facebook’s startup programme.[4] |
| 2020 | Wins IIT Guwahati’s National Level Startup Competition.[4] |
| 2020 | Raises $150,000 in an angel funding round.[1] |
| 2021 | Secures $1 million in Pre-Series A funding led by Inflection Point Ventures.[2] |
Funding
| Date | Round | Amount | Investors |
|---|---|---|---|
| November 2020 | Angel | $150,000 | Inflection Point Ventures[1] |
| June 2021 | Seed | $150,000 | ah! Ventures[1] |
| July 2021 | Pre-Series A | $1,000,000 | Inflection Point Ventures[2] |
Business Model
Edvizo operates as an online marketplace connecting students and parents with private coaching institutes specializing in test preparation for competitive exams. The platform earns revenue by charging institutes a fee for listing and marketing services, which reduces their need for independent advertising. Students and parents access the platform for free to compare institutes based on verified data, such as course offerings, faculty credentials, and reviews. Edvizo’s primary customer segments include students preparing for exams like JEE, NEET, and other academic entrance tests, as well as coaching institutes seeking to expand their reach.[2][4]
Products / Services
- Institute Comparison Platform: A web and mobile application allowing users to compare coaching institutes based on location, courses, fees, and reviews.[1]
- Enrollment Facilitation: Enables students to enroll directly in institutes through the platform.[4]
- Marketing for Institutes: Provides institutes with tools to reach prospective students, reducing their marketing and branding expenses.[2]
Growth & Metrics
As of 2022, Edvizo had partnered with 4,100 coaching institutes and facilitated over 92,500 student enrollments. The platform had more than 120,000 registered users. The company was valued at ₹35 crore in August 2021, with founders owning 78.42% of the company. Specific revenue figures and current team size are not publicly disclosed.[1][2]
Legal Entity Information
- Legal Name: Edvizo Media Private Limited
- Incorporation Year: 2017
- Registrar of Companies (ROC): ROC Bangalore
- Corporate Identification Number (CIN): Not publicly disclosed
- Registered Address: Bengaluru, Karnataka, India
- Company Status: Active[1]
Challenges or Controversies
Edvizo has faced challenges in verifying the quality of coaching institutes to maintain platform credibility. The company addresses this by conducting personal visits to institutes and implementing strict checks before listing them. No significant controversies have been reported.[2]
Media & Public Recognition
- 2020: Winner of IIT Guwahati’s National Level Startup Competition.[4]
- 2021: Featured in The Indian Express for its founder’s journey and mission to transform education access.[3]
- 2021: Covered by The Financial Express and The Startup Lab for its $1 million Pre-Series A funding round.[2][4]
FAQs
- What is Edvizo?
Edvizo is an EdTech platform that connects students with coaching institutes for test preparation, offering comparison and enrollment services.[1]
- Who founded Edvizo?
Edvizo was founded by Ravi Nishant in 2016.[3]
- How does Edvizo ensure the quality of listed institutes?
Edvizo verifies institutes through personal visits and rigorous checks before listing them on the platform.[2]
- What exams does Edvizo cater to?
The platform supports students preparing for competitive exams like JEE, NEET, and other academic entrance tests.[4]
External Links
Related Startups
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "Edvizo - 2025 Company Profile, Funding, Competitors & Financials". Tracxn. Retrieved 2025-05-20.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 "Edtech startup Edvizo raises $1 million Pre-Series A investment led by IPV". The Financial Express. 2021-07-19. Retrieved 2025-05-20.
- ↑ 3.0 3.1 3.2 3.3 "IIT dropout series: Labourer's son dropped out of IIT Guwahati to help young children make right career choice". The Indian Express. 2021-12-08. Retrieved 2025-05-20.
- ↑ 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 "Edtech Startup Edvizo Raises $1M In Pre-Series A Funding Round". The Startup Lab. 2021-07-19. Retrieved 2025-05-20.