Bootstrapped Ed-tech firm BasicFirst Learning clocks witnessed 12x revenue
Committed to enhancing live face-to-face learning offerings, leading ed-tech company, BasicFirst has announced that it has witnessed over 12x revenue in the last financial year. The bootstrapped company is also launching 14 new products such as career counseling, doubt clearing, live learning as well as support in studying abroad, to enhance its current offerings as well as educational services to the students and teaching community alike. Currently, the company has over 20,000 students registered on its platform across tier 1, 2, and 3 cities and 175+ teachers, instructors, and mentors. In an industry-first approach, the company is also using blockchain for audit and non-repudiation of data.
Founded in 2019 by Randhir Kumar, BasicFirst delivers personalized, interactive learning sessions for students from classes 1 – 12 covering Math, Physics, Chemistry, Biology, English, Economics, Accountancy, and Statistics. In addition to this, the company also offers online classes for competitive exams such as JEE (Mains and Advanced), NEET, NTSE, and KVPY to name a few.
Commenting on the company’s growth, Randhir Kumar, Founder & CEO, said “We started BasicFirst with the intention of reaching out to the last of the students, and building a sound, vibrant and qualified pool of people for the nation and the world.”
The company is in the process of testing, building more good products as well enhancing the current products. We understand the benefit and loss of being a bootstrap company.
BasicFirst, with its customized education plans, and unique pedagogy, has been beneficial to schools as well as individual students. By extending quality education at a minimum price, the company recently completed their proof of concept of live learning classes and are planning to scale up with wide and aggressive expansion across the market.
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