Tag: Gaurav Perti

PurpleTutor increases capacity by 3x in 3 months,eyes expansion

PurpleTutor increases capacity by 3x in 3 months, eyes expansion

Mumbai- Mumbai-based Edtech startup, PurpleTutor has grown headcount by 3x from 60 to 200 in the last 3 months. The startup which operates in the coding for kids segments had earlier raised money from IvyCap Ventures and other prominent investors in January this year.

The hiring has been across departments such as technology, curriculum, and business operations. The teacher headcount has increased by more than 3 times and there are more than 150 teachers on the platform. Gaurav Perti, Founder and CEO, PurpleTutor, said, “We are building a cutting-edge platform, while there has been hiring for sales, marketing, operations, and curriculum, we’ve focused on building the technology team. People are our most important partners and impact the customer experience directly or indirectly, our mission is to hire those motivated and committed individuals who want to be part of this journey”.

Most of the teachers are women and 90% of teachers are below 40 years. Purpletutor has been growing rapidly in the last few months and its community of students is more than 45,000. With the hiring of teachers, they’ve added people across sales, marketing, operations, and curriculum development to support the expansion plans. “All teachers applying need to have a computer science degree, after that we have a stringent selection process to cull out the best teachers. We look for teachers that have conceptual clarity and can produce good engagement with students.

Post this, all teachers undergo rigorous training to ensure great delivery in the online environment and super outcomes for students. Given that we are rapidly expanding in our key markets we’ve increased teacher capacity from about 40 teachers to 150 teachers in the last 3 months”, adds Perti. Covid-19 has seen a surge in online learning and the edtech space has boomed due to this.

PurpleTutor is looking to rapidly expand in the next couple of months. They will ramp up capacity across teachers, and business functions. The company is currently serving customers in India, Middle-east and South Asia and looks to build their customer base further in these regions.

PurpleTutor raises seed funding from IvyCap Ventures and others

PurpleTutor raises seed funding from IvyCap Ventures and others

Mumbai– Mumbai based Edtech startup, PurpleTutor has raised a seed round of funding led by IvyCap Ventures. The round saw participation from other investors including Krishna Kumar (Founder & CEO –Simplilearn). With this infusion of capital, the company plans to strengthen its technology, consumer base, and increase footprint.

Founded in 2019 by IIT Bombay graduates Gaurav Perti and Yatish Gupta, PurpleTutor offers live, online classes to kids aged 6 -16 yrs on computational thinking. The company has its own curriculum and is building technology to arm its teachers to ensure classes are highly personalized and customized. Since inception, the startup has over 30,000 registered users and is already at an annualized revenue of nearly $0.5 mn and is growing 50% monthly.

Commenting on the fundraising, Gaurav Perti, Founder and CEO, PurpleTutor, said, “We really wanted to build an outstanding product from the start and ensured our product, curriculum, and teacher quality were up there. Our Net-Promotor-Score of 74 is a testament to that fact. We’re focused on building technology to ensure that our teaching quality is superior and offer a great experience for students. Our recent fundraising will go towards expansion and building technology”

Lauding the company’s mission and expressing excitement on the association with PurpleTutor Vikram Gupta, Founder & Managing Partner, IvyCap Ventures, said, “Keeping in view with India’s vision for Digital India, a child’s inherent curiosity and promptness to adopt new technologies must be tapped in every possible way.  Thus, as an investor, it gives me immense pleasure to associate with PurpleTutor that has excellent potential to bring forth cutting-edge courses for making every child future-ready.”