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Edvizo

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Edvizo is an Indian education technology (edtech) company headquartered in Bengaluru, Karnataka. Founded in June 2017 by Ravi Nishant, an IIT alumnus, Edvizo connects students with coaching institutes and provides online tutoring for competitive exams such as JEE, NEET, banking, and government exams. The platform offers tools for institute comparison, virtual classrooms, and AI-driven performance analytics, serving over 100,000 students and 500+ institutes across India.[1][2][3]

Edvizo
Company typePrivate
IndustryEducation technology, Online tutoring
FoundedJune 2018; 7 years ago (2018-06)
FounderRavi Nishant
Headquarters
Bengaluru
,
India
Area served
India
Key people
Ravi Nishant (Founder & CEO)
ProductsCoaching institute discovery, Online tutoring, Exam preparation tools
ServicesStudent-institute matchmaking, Virtual classrooms, Performance analytics
Websitewww.edvizo.com

History

Edvizo was founded by Ravi Nishant to address inefficiencies in India’s coaching institute ecosystem, enabling students to compare institutes based on faculty, fees, and success rates. Launched as an app-based solution, it expanded into online tutoring in 2019, offering virtual classrooms and exam preparation tools.[4] During the COVID-19 pandemic, Edvizo saw a 200% user base growth by 2021 due to the shift to online learning.[5] The company targets Tier-2 and Tier-3 cities, where access to quality coaching is limited.[6] Edvizo also offers scholarships and organizes visits to institutions like NASA and IITs for top students.[7]

Funding

Edvizo has raised $1.3 million across three funding rounds:[8][9][10][11]

Round Name Year Amount Investor Names
Angel 2020 ₹1.25 crore Inflection Point Ventures
Seed 2021 ₹8.3 crore ah! Ventures
Pre Series A 2021 ₹1.25 crore Inflection Point Ventures, ah! Ventures, Chandigarh Angels

Legal Entity Details

Edvizo operates as a private limited company with the following details:[12]

  • Legal Name: Edvizo Media Private Limited
  • Foundation Date: 24 October 2017
  • Registrar of Companies (ROC): ROC Bangalore
  • Corporate Identification Number (CIN): U74999KA2017PTC107391
  • Registered Address: 4th Floor, Salarpuria Tower II, 1, Hosur Rd, 7th Block, Koramangala, Bengaluru, Karnataka 560095
  • Company Status: Active

Products and Services

Edvizo offers services for students preparing for competitive exams:

  • Coaching Institute Discovery: A platform to compare institutes based on reviews, faculty, and success rates.[13]
  • Online Tutoring: Virtual classrooms with live classes, recorded lectures, and doubt-solving for JEE, NEET, and other exams.[14]
  • Exam Preparation Tools: Mock tests, study plans, and performance analytics.[15]
  • Performance Analytics: AI-driven insights to track progress.[16]
  • Scholarships and Exposure: Programs offering scholarships and visits to NASA and IITs.[17]

Subscriptions average $70 annually, available on Android.[18]

Business Model

Edvizo operates a business-to-consumer (B2C) and business-to-business (B2B) model, earning revenue from student subscriptions and institute partnerships for lead generation. A freemium model offers basic tools, with premium features via subscription.[19] Revenue was $20.6K in 2019, up from $1.97K in 2018.[20]

Market Presence

Edvizo serves Tier-2 and Tier-3 cities like Patna, Jaipur, and Bhopal, competing with Byju’s, Unacademy, and Vedantu in India’s $20 billion edtech market.[21] It has over 100,000 users and 500+ institute partners, with a $2.76 million valuation.[22][23]

Reception

Edvizo is praised for affordability and accessibility in smaller cities.[24] Its institute comparison and AI analytics are noted for transparency.[25] Some users report inconsistent tutor quality and limited course offerings.[26] Its mental health initiatives and scholarships have gained attention.[27]

Future Plans

Edvizo aims to enhance AI-driven adaptive learning, onboard 1,000+ institutes by 2026, and expand into Southeast Asia. It is developing content for state-level exams.[28][29]

References

  1. ↑ "Edvizo: Revolutionizing Education in India". YourStory. Retrieved 17 April 2025.
  2. ↑ "Edvizo - Crunchbase Company Profile". Crunchbase. Retrieved 17 April 2025.
  3. ↑ "Edvizo - Company Profile". Tracxn. 30 November 2024. Retrieved 17 April 2025.
  4. ↑ "Edvizo's Journey in Edtech". The Hindu BusinessLine. 15 November 2023. Retrieved 17 April 2025.
  5. ↑ "How Edvizo Scaled During the Pandemic". The Economic Times. 10 December 2021. Retrieved 17 April 2025.
  6. ↑ "Edvizo Targets Tier-2, Tier-3 Cities". Financial Express. 5 March 2022. Retrieved 17 April 2025.
  7. ↑ "Edvizo". LinkedIn. 18 August 2021. Retrieved 17 April 2025.
  8. ↑ "Edvizo Raises $150K in Seed Funding". VCCircle. 20 August 2018. Retrieved 17 April 2025.
  9. ↑ "Ed-tech startup Edvizo gets seed funding from Inflection Point Ventures". VCCircle. 15 June 2020. Retrieved 17 April 2025.
  10. ↑ "Edtech startup Edvizo raises $150,000 in angel round from ah! Ventures". VCCircle. 24 November 2021. Retrieved 17 April 2025.
  11. ↑ "Edvizo - Company Profile". Tracxn. 30 November 2024. Retrieved 17 April 2025.
  12. ↑ "Edvizo Media Private Limited". Zauba Corp. Retrieved 17 April 2025.
  13. ↑ "Edvizo Helps Students Choose Coaching". Business Standard. 8 September 2021. Retrieved 17 April 2025.
  14. ↑ "Edvizo's Online Tutoring Platform". Livemint. 12 January 2022. Retrieved 17 April 2025.
  15. ↑ "Edvizo's Tools for Exam Prep". The Week. 10 March 2022. Retrieved 17 April 2025.
  16. ↑ "Edvizo's AI-Powered Analytics". Deccan Herald. 25 April 2023. Retrieved 17 April 2025.
  17. ↑ "Edvizo". LinkedIn. 18 August 2021. Retrieved 17 April 2025.
  18. ↑ "Edvizo - Company Profile". Tracxn. 30 November 2024. Retrieved 17 April 2025.
  19. ↑ "Edvizo's Hybrid Business Model". The New Indian Express. 15 February 2022. Retrieved 17 April 2025.
  20. ↑ "Edvizo - Company Profile". Tracxn. 30 November 2024. Retrieved 17 April 2025.
  21. ↑ "Edvizo's Market Strategy". Hindustan Times. 20 October 2021. Retrieved 17 April 2025.
  22. ↑ "Edvizo Reaches 1 Lakh Users". Telegraph India. 5 August 2022. Retrieved 17 April 2025.
  23. ↑ "Edvizo - Company Profile". Tracxn. 30 November 2024. Retrieved 17 April 2025.
  24. ↑ "Edvizo Reviews: What Students Say". Mid-Day. 12 June 2023. Retrieved 17 April 2025.
  25. ↑ "Why Edvizo Stands Out in Edtech". The Asian Age. 30 September 2022. Retrieved 17 April 2025.
  26. ↑ "Edvizo's Challenges in Edtech". Tribune India. 18 December 2022. Retrieved 17 April 2025.
  27. ↑ "Edvizo". LinkedIn. 18 August 2021. Retrieved 17 April 2025.
  28. ↑ "Edvizo's Expansion Plans". Business World. 15 January 2024. Retrieved 17 April 2025.
  29. ↑ "Edvizo's Focus on Regional Exams". DNA India. 10 February 2024. Retrieved 17 April 2025.

External Links

  • Official website
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