Founding Team from left to right : Jaideep, Sangeeta, Parteek, Vaishali, Arushi.
ExtraClass was founded by Delhi University alumni, Jaideep & Parteek Solanki in late 2018 and eventually registered as a private limited company by the same name “Extraclass EdTech Pvt Ltd”. Which offers comprehensive educational content along with real-time doubt solving on its app-based platform. Parteek Solanki, CEO, Extraclass, is a cost accountant by profession and has previously worked with Indigo Airlines. He says, “High quality at affordable prices made Indigo one of the largest airline carriers in India. I always thought why we couldn’t do the same with online education, that’s where the inspiration came from.”
A 2017 Google-KPMG report states the biggest barrier in the adoption of online courses in India is the unavailability of quality content at affordable prices. Jaideep, COO, Extraclass adds “using technology as an enabler we at ExtraClass are trying to remove this barrier by providing courses at affordable prices.” In the pre-revenue stage, the biggest motivating factor for the ExtraClass team is when thousands of students from various parts of India regularly send Thank You notes, explaining how the app has brought a positive change in their lives, by providing quality content at their fingertips.
ExtraClass app provides high-quality video classes, notes, practice tests, as well as doubt sessions for the students. The content is prepared by a team of expert teachers who also resolves students’ doubts. The App is currently available for class 10 to 12 CBSE board. With a 4.8 rating, ExtraClass app has been consistently ranked as a top app on iOS & was trending #2 on Google play-store in September 2019.
Moreover, the startup boasts of having more than 700,000 students on their platform. “80% of the students come from tier2, tier3 cites & small towns. To tap the large vernacular language audience, we have to ensure our content is available in multiple languages for various state boards” says Parteek. So far, ExtraClass has only created content in Hinglish (English+Hindi) for class 10-12 and is looking forward to adding new classes and launch content in other regional languages as well.
Students in Tier2, Tier3 cities and small towns have access to high-speed internet, however, they don’t have deep pockets to pay for expensive online courses.