Today,
India is considered to be one of the main hubs for online education businesses
and startups. Whether it is tutorials, courses, or skill training, online
education is picking up at a fast pace in the country. With Narendra Modi’s
skill up India campaign, there are more organisations venturing into the space
of online education and skill training. One such recent startup is TrueSchool.
How do they distinguish themselves from the many big and small players in the
country?
Trueschool
was started by an IIT Mumbai alumnus who believes that there currently is a
vast disparity between what is taught in educational institutes and what
organisations demand. The team believes that college students today lack the
much needed skills that make them employable. “We faced it firsthand in our
company interviews during placements,” says Ranjit Kumar, the Co-founder of
Trueschool.
Moreover,
he adds that students who are not very conversant in English have a hard time
learning a skill as they lack the essential tools. Therefore, Trueschool
was started to be a one-stop solution to all the learning needs a student could
have. It aims to solve all the mentioned problems by providing skill
enhancement content, as well.
The beginning and the journey
The
four Founders, Ranjit, Sanjeev, Gaurav and Saurabh, are all alumni of IIT
Mumbai; and that is where Trueschool was born. However, it was a while
before the four could get back and actually work on the idea. Hailing from
different backgrounds, the four co-founders felt that they could bring in their
diverse expertise into the field.
Before
joining IIT, Ranjit was working in 09 Solutions in analytics. Sanjeev was
involved in teaching – he in fact, left a job in the overseas to pursue his
passion for teaching. Gaurav was working with Caterpillar and Saurabh was in
the financial services division of Ernst and Young.
“It
took us a while to finalize the idea and team. We had started with the idea
that we would make our own content for different topics. However we realized
that it will be better to curate content from experts as there is plenty of
quality content on internet,” says Ranjit.
After
a lot of background work, research, and hunting for the right kind of content
and work, Trueschool was launched in March this year. Currently, the site has
over 500 courses and 16,000 video tutorials of subjects ranging from
engineering and programming to the social sciences.
Market and differentiators
A
community driven platform, Trueschool targets young college students, first
time job seekers and “others who want to improve their skills for better job
perspective. We encourage students to discuss what they’ve learnt so that it
provides multiple perspectives to each problem.”
“This
is an integral part of learning, which is missing in all other platforms today.
We are working on our practice platform as well so that students can practice
what they have learnt right here. Currently, all of our courses are free,” says
Ranjit.
The
team is also planning to have courses in different Indian languages. According
to Ranjit, they already have many courses in Hindi. “We want to create equal
opportunities for people from different linguistic backgrounds,” adds Ranjit.
Reports
suggest that Asia is the highest market for self-paced learning in the country,
with 17.3 per cent of market shares.
In
India, alone the online education sector is estimated to be close to $3
billion. This number will be close to 8.1 billion by 2020; thus many reports
suggest that today online learning also as a great platform for re-skilling.
Studies further state that India and China will also lead the growth in several
roles relating to project management, in the future.
The
trend in e-learning is working across a multi-platform angle; not just using a
web platform. In fact, experts believe that mobile training is going to
be one of the biggest game-changers in the coming years. Another approach that
is fast picking up is the blended learning platform that combines classroom
teaching methods with online learning. Another big growth is seen in the
game-centric form of ‘gamification’.
Some
of the top players in the field include Vedantu, Edureka, Coursera, and Skill Up India. Commenting on
growth, Ranjit says “We already have over 500 users and people engaging in our
platform on a daily basis. Since it is a community-driven platform, people can
exchange notes, understand perspectives and even learn new things.”
Source | http://yourstory.com/
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