09 November 2016, India :
The Michael & Susan Dell Foundation announced it has made an equity investment of $2.1 million in the mobile-first test preparation platform, OnlineTyari.
OnlineTyari is one the India’s leading web and mobile app platform providing complete solution for online preparation for different competitive exams. It offers a mobile application that allows highly customized, curated and vernacular test preparation content delivered through very low internet bandwidths.
Prachi Windlass, Education Director, India, Michael & Susan Dell Foundation, said, “OT has already disrupted the market for test prep in India by creating a personalized, data-backed solution for a large but often ignored market segment. The platform approach– that curates content from multiple partners– enables them to provide high quality exam content with a very short time-to-market. This is very important for this market segment as students may appear for multiple exams and need a one-stop solution. OT will play a huge role in helping students from smaller towns and low-income families access test prep services.”
Vipin Agarwal, Co-Founder and CEO, OnlineTyari, said, “India is witnessing a paradigm shift toward online educational services. We are proud to be at the center of this and excited to partner with the Michael & Susan Dell Foundation as we move into the next phase of our growth. This partnership will help us introduce new business best practices and to achieve the scale needed to reach our goal: improving education and skill development for more than 100 million people every year across India.”
OnlineTyari was founded in 2014 by IIT Kanpur alumni Vipin Agarwal and Bhola Ram Meena. While as Michael & Susan Dell Foundation was founded in 1999, the mission is to transform the lives of children living in urban poverty through better education, family economic stability and health. Image- OnlineTyari