Michael and Susan Dell Foundation funded Oliveboard achieved a major milestone crossing one million registered users on its platform. Very few edtech companies manage a reach of over one million users and Oliveboard has managed this within just few years of its launch.
The company offers courses in both English and Hindi and has a majority of its users coming from Tier II and III cities of India. The company delivers its courses on both PC and Mobile and its Android mobile app for over 20 exams across MBA, Banking and Government Job exam categories.
Abhishek Patil, Founder - Oliveboard adds, "We are probably one of the few e-learning companies in India, with a heavy focus on government job and banking exam related curriculum. We believe that our various initiatives such as introduction of vernacular, gamification of courseware, study planners, analytics for feedback and our thrust on smaller cities of India have immensely helped us achieve this milestone within a short period of time."
Founded in 2012 by ex-Inmobi colleagues, Abhishek Patil and Satish Kumar, Oliveboard has received Pre-series A funding from India Educational Investment Fund (IEIF), an early-stage impact investment fund established by the Michael and Susan Dell Foundation. The company began with a focus on MBA exams before expanding to the Bank and Government job exam segment in early 2014. Since then, it has established itself as one of the most recognized names in the field of Bank and Government Job exam preparation. The company provides its users with complete preparation with Video lectures, online study material, All India test series along with various other practice tests.
Most of its users are 21-30 year old, with a majority (around 70 percent) of them from Tier II and Tier III cities of India. Oliveboard users span across 1000+ cities and towns of India spread over all 29 states and seven union territories of India making it one of the most geographically penetrated online services in India. The one million users have attempted over 100 million questions on the platform.