Company:PrepInsta Technologies

From HandWiki
PrepInsta Technologies
TypePrivate
IndustryEd-tech
Founded20th April, 2017; Bangalore, India
FounderAtulya Kaushik

Aashay Mishra

Manish Agarwal
Headquarters
Noida, Uttar Pradesh
,
India
Area served
Worldwide
Key people
Atulya Kaushik (CEO)

Manish Agarwal (CMO)

Aashay Mishra (COO)
ProductsPrepInsta & PrepInsta Prime
Number of employees
400
Websiteprepinsta.com


PrepInsta Technologies Pvt. Ltd[1] is an Indian Ed-tech startup company, headquartered in Noida, Uttar Pradesh, India, specifically catering to the engineering students.[2] It was founded in 2017 by three students from VIT - Atulya Kaushik,[3][4] Aashay Mishra[5] and Manish Agarwal. In March 2023, PrepInsta's valuation stood at US$10 million.[6]

PrepInsta Technologies runs two vertical products; PrepInsta and PrepInsta Prime.[7]

History

Idea and Concept

PrepInsta was founded in 2017 which started from Bengaluru, Karnataka and later shifted its Headquarters to Noida, Uttar Pradesh. The idea was to close the emerging gap between the student world and the Indian Tech Industry. Later Aashay Mishra, and Manish Agarwal joined the startup as COO and CMO respectively.[8]

Vertical Expansion

By 2021, in the post Covid era PrepInsta launched its new vertical, PrepInsta Prime, labeled as an OTT platform for learning.[9] PrepInsta also partnered with TCS for up-skilling, hiring and certifications in the same year.[10]

B2B Ventures

Between 2020 - 2023, PrepInsta has joined hands with multiple companies, colleges [11]and assessment platforms.

PrepInsta collaborated with TCS (Tata Consultancy Services), India to provide the TCS iON Rio Certifications along with their PrepInsta Prime Subscription.[12]

in 2023, PrepInsta initiated a Hackathon named PrepSAT[13] in collaboration with WeCP (We Create Problems) which targeted to provide jobs and internship opportunities to more than 100,000 students who participated in the job-a-thon (PrepSAT).[14]

PrepInsta also ventured into B2B during 2022 and 2023 with GITAM Vishakhapatnam,[15] KL University, SNS Coimbatore, VIT Vellore.

Products and Services

PrepInsta has two vertical websites - PrepInsta which is a free resources website and PrepInsta Prime launched as a paid OTT learning platform.[16]

PrepInsta

PrepInsta is a content heavy website[17] that provides placement related articles in the form of blogs. The subject of the blogs cover topics such as Recruitment Process, Syllabus, Test Pattern, Assessment Analysis, Eligibility Criteria along with mocks and quizzes for practice which are company specific. PrepInsta also provides interview preparation resources which are universal to students of all fields.

PrepInsta Prime

PrepInsta Prime is a platform for learning and up-skilling in an OTT format. PrepInsta Prime was launched in 2021. PrepInsta Prime follows a Netflix or Amazon Prime like subscription model for the students. The subscription plan starts from 3 months and extends upto 48 months. PrepInsta Prime provides multiple courses in the tech field to help students get placed in product based and service based companies.

Optimus

Optimus by PrepInsta Prime is an assessment tool and a student performance dashboard that the company has launched to provide mock assessments and student performance index specifically for the partnered colleges.

Controversy

In 2022, PrepInsta's website was down and subsequently hacked. While the company denied any leak of confidential user data, there was a turmoil on social media surrounding the issue.[18]

References

  1. ↑ "PrepInsta Forbes Profile Ed-Tech Startup of the year" (in en). https://www.forbes.com/profile/prepinsta/. 
  2. ↑ "Moneycontrol - Upskilling platforms witness spike in enrolment as IT firms delay onboarding" (in en). 2023-07-19. https://www.moneycontrol.com/news/business/upskilling-platforms-witness-spike-in-enrolment-as-it-firms-delay-onboarding-10988841.html. 
  3. ↑ "मेरठ: फोर्ब्स-30 की सूची में मेरठ के उद्यमी अतुल्य कौशिक शामिल" (in hindi). https://www.livehindustan.com/uttar-pradesh/meerut/story-meerut-meerut-39-s-entrepreneur-atulya-kaushik-included-in-forbes-30-list-7728050.html. 
  4. ↑ (in en) 99 रुपये से 200 करोड़ Online Business से बनाए🔥👆 | Atulya Kaushik | @PrepInsta | Josh Talks Hindi, https://www.youtube.com/watch?v=RkYjxJGDImc, retrieved 2023-06-07 
  5. ↑ "Meet Ashay Mishra, COO whose Rs 99 investment in firm has turned into Rs 200 crore behemoth" (in en). https://www.dnaindia.com/business/report-meet-ashay-mishra-coo-whose-rs-99-investment-in-firm-has-turned-into-rs-200-crore-behemoth-prepinsta-3037987. 
  6. ↑ "Economic Times - PrepInsta elevates Vaibhav Jain as chief of staff- marketing & strategy - ET BrandEquity" (in en). https://brandequity.economictimes.indiatimes.com/news/the-people-report/prepinsta-elevates-vaibhav-jain-as-chief-of-staff-marketing-strategy/95225743. 
  7. ↑ "Forbes India- Aashay Mishra, Atulya Kaushik, Manish Agarwal: Upskilling Without The Hassle Of Costs" (in en). https://www.forbesindia.com/article/30-under-30-2023/aashay-mishra-atulya-kaushik-manish-agarwal-upskilling-without-the-hassle-of-costs/83059/1. 
  8. ↑ "CNBC - Here's how generative artificial intelligence can disrupt the edtech sector" (in en). 2023-05-15. https://www.cnbctv18.com/technology/heres-how-generative-artificial-intelligence-can-disrupt-the-edtech-sector-16671841.htm. 
  9. ↑ "Edtech startup PrepInsta launches new OTT learning platform- PrepInsta Prime". April 18, 2022. https://www.apnnews.com/edtech-startup-prepinsta-launches-new-ott-learning-platform-prepinsta-prime/. 
  10. ↑ Bhushan, Kul (2023-04-04). "PrepInsta empowers tier 2, 3 college students for job-readiness" (in en-US). https://entrackr.com/2023/04/prepinsta-empowers-tier-2-3-college-students-for-job-readiness/. 
  11. ↑ "PrepInsta Partners With Over 300 Colleges To Offer Its Sought After Placement And Upskilling Courses" (in en). 2023-05-17. https://startup.outlookindia.com/sector/ed-tech/prepinsta-partners-with-300-colleges-to-offer-its-sought-after-placement-and-upskilling-courses-news-8460. 
  12. ↑ "The Hindu - Edtech platform PrepInsta records 18,716 placements in November 2022" (in en). 2022-12-22. https://www.thehindubusinessline.com/news/education/edtech-platform-prepinsta-records-18716-placements-in-november-2022/article66291870.ece. 
  13. ↑ "Business World - 1.4 Lakh Candidates Register For PrepSAT Test". March 28, 2023. https://bweducation.businessworld.in/article/1-4-Lakh-Candidates-Register-For-PrepSAT-Test/28-03-2023-470818/. 
  14. ↑ Release, Press. "PrepInsta along with WeCP announces PrepSAT, its first-ever Jobathon- hiring Hackathon" (in en). https://www.siliconindia.com/news/general/www.siliconindia.com/news/general/prepinsta-along-with-wecp-announces-prepsat-its-firstever-jobathon-hiring-hackathon-nid-221419-cid-1.html. 
  15. ↑ "Financial Express PrepInsta partners with GITAM Visakhapatnam" (in en). 2023-05-08. https://www.financialexpress.com/education-2/prepinsta-partners-with-gitam-visakhapatnam-aims-to-prepare-next-gen-engineers/3078503/. 
  16. ↑ "PrepInsta promotes Vibudh Upadhyay to head of growth strategy" (in en). 2023-09-06. https://www.financialexpress.com/jobs-career/education/prepinsta-promotes-vibudh-upadhyay-to-head-of-growth-strategy/3235012/. 
  17. ↑ "PrepInsta : Prepare for Placements Instantly" (in en). https://prepinsta.com/. 
  18. ↑ "Is Prepinsta royal pass worth buying for placement preparation?" (in en). https://www.quora.com/Is-Prepinsta-royal-pass-worth-buying-for-placement-preparation/answer/Mudita-Saha. 



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