Photo - Purpletutor
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Purpletutor

Live, Online coding classes for kids

India, Maharashtra
Market: Another
Stage of the project: Operating business

Date of last change: 21.09.2020
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Idea

Purpletutor offers live online classes for kids in the k12 segment. We core proposition is to disrupt the space of education by building what we call the "TutorBOT" . This is a virtual teacher that works in conjunction with a live teacher to offer learning that is extremely personalized as well as standardized. In the end state this is like a on-demand live teacher that is a BOT that can teacher the students (independently).

Current Status

We've built a product market fit and have been generating revenue for over a year now. Our Annual run rate of revenue is over $0.25 MN and growing by 50-70% monthly.
We have presence in 15+ countries and our total team size is now 60+. Our Net Promotor Score (NPS) is at 74.

Market

Global product
Market size >100bn USD ( please refer to presentation for details)

Problem or Opportunity

We solve for the need of computer science education that is demanded by parents and students. .Our aim to to give those much needed skills to tomorrow's workforce by starting to build their skill-sets today.

Solution (product or service)

Please visit www.purpletutor.com
We have courses for kids of all grades in K10 on coding.

Competitors

None really. Offline coding classes if all.

Advantages or differentiators

Great product & Great teachers with processes around the same. In the short run. In the long run it will our tutorBot, a virtual teacher.

Our core proposition is to disrupt the space of education by building what we call the "TutorBOT" . This is a virtual teacher that works in conjunction with a live teacher to offer learning that is extremely personalized as well as standardized. In the end state this is like a on-demand live teacher that is a BOT that can teacher the students (independently).

Finance

Yes, we earn from selling our courses. Please refer to presentation for unit economics. Our unit economics are positive and we are a profitable company.

Business model

Earn from parents and pay teachers on contract basis

Money will be spent on

Building Technology (1mn)
Product & Curriculum Development (0.3mn)
Operational Expenses ( 0.2mn)

Offer for investor

In process

Team or Management

Risks

Lack of funding of our business

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

Selected as an "Elite 200 startup" at GSV cup, amongst participants across the world.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video