Edtech firm Kompanion plans to launch augmented actuality/digital actuality (AR/VR) research modules in vernacular languages ranging from kindergarten to twelfth grade. “Currently, we are focused on the CBSE curriculum in English as the main language. By the end of CY22, we aim to offer study modules in domicile languages. Additionally this will help us scale our reach,” Yuvraj Kumar Sharma, co-founder, CPO, Kompanion instructed FE Education. By the top of Q3,FY23, the corporate goals to register over one lakh paid subscribers, on the again of a gross income goal of $1.5 million (Rs 11.62 crore). It nevertheless, declined to offer a full yr goal.
Regulatory recordsdata accessed by enterprise intelligence platform Tofler revealed that Kompanion income from operations elevated 0.21% to Rs 3.09 crore in FY21 from Rs 3.08 crore throughout the identical interval in earlier yr. The firm’s internet loss declined 7.97% to Rs 8.8 lakh in FY21 from Rs 8.1 lakh in FY20. At current, the corporate claims to have 2,000 lively college students.
The firm primarily focuses on the subscription primarily based mannequin. Currently, it claims to have roughly 10,000 registered customers on its web site. The firm offers subscriptions to customers at a worth level of Rs 1199.
The firm additionally claims to have collaborated with about 60 colleges from throughout the nation. “We collaborate with schools to drive sales. As a result we acquire students to register on the platform,” Sharma mentioned. For this, the corporate claims to customize merchandise, companies and costs.
Currently, Kompanion claims to supply research modules for college kids enrolled in sixth to eighth grade in English, Mathematics, Environmental Science (EVS) and Science. “So far, we offer English, Maths, EVS and Science. We will start offering Hindi study modules to the students by the end of 2022,” Sharma mentioned. It additional plans to increase its merchandise in Hindi for college kids in twelfth by the top of FY23. Kompanions has claimed to have arrange eight VR laboratories in collaboration with the Government of Rajasthan.
Source: www.financialexpress.com”