Edvizo

From Startupedia
Edvizo
Company typePrivate
IndustryEducation technology, Online tutoring
FoundedJune 2016; 9 years ago (2016-06)
FounderRavi Nishant
Headquarters,
Area served
India
Key people
Ravi Nishant (Founder & CEO)
ProductsCoaching institute discovery, Online tutoring, Exam preparation tools
ServicesStudent-institute matchmaking, Virtual classrooms, Performance analytics
Number of employees
280 (2022)
Websitewww.edvizo.com

Edvizo is an EdTech startup founded in 2016, headquartered in Bengaluru, India. It operates as an online marketplace that enables students and parents to find, compare, and enroll in private coaching institutes for test preparation. The platform also assists institutes in reducing marketing costs by connecting them with prospective students. Edvizo has established partnerships with thousands of institutes and has facilitated significant user engagement. The company has raised $1.3 million in funding across multiple rounds and aims to streamline access to quality education in India’s competitive academic landscape.[1][2]

Founders & Leadership

Ravi Nishant is the founder and CEO of Edvizo. A former student at IIT Guwahati, Nishant dropped out to pursue entrepreneurial ventures. Before launching Edvizo, he conducted extensive market research across cities like Kota, Hyderabad, and Delhi to understand the needs of students seeking quality coaching institutes. His vision for Edvizo focuses on simplifying access to educational resources and empowering students to make informed academic decisions. Nishant led the company to win IIT Guwahati’s National Level Startup Competition in 2020.[3][4]

Timeline

Year Milestone
2016 Ravi Nishant conducts market research across Indian cities to identify gaps in the test preparation industry.[3]
2016 Edvizo founded by Ravi Nishant in Bengaluru.[1]
2019 Launched NLCEE
2019 Selected for Facebook’s startup programme.[4]
2020 Wins IIT Guwahati’s National Level Startup Competition.[4]
2020 Raises $150,000 in an angel funding round.[1]
2021 Secures $1 million in Pre-Series A funding led by Inflection Point Ventures.[2]

Funding

Date Round Amount Investors
November 2020 Angel $150,000 Inflection Point Ventures[1]
June 2021 Seed $150,000 ah! Ventures[1]
July 2021 Pre-Series A $1,000,000 Inflection Point Ventures[2]

Business Model

Edvizo operates as an online marketplace connecting students and parents with private coaching institutes specializing in test preparation for competitive exams. The platform earns revenue by charging institutes a fee for listing and marketing services, which reduces their need for independent advertising. Students and parents access the platform for free to compare institutes based on verified data, such as course offerings, faculty credentials, and reviews. Edvizo’s primary customer segments include students preparing for exams like JEE, NEET, and other academic entrance tests, as well as coaching institutes seeking to expand their reach.[2][4]

Products / Services

  • Institute Comparison Platform: A web and mobile application allowing users to compare coaching institutes based on location, courses, fees, and reviews.[1]
  • Enrollment Facilitation: Enables students to enroll directly in institutes through the platform.[4]
  • Marketing for Institutes: Provides institutes with tools to reach prospective students, reducing their marketing and branding expenses.[2]

Growth & Metrics

As of 2022, Edvizo had partnered with 4,100 coaching institutes and facilitated over 92,500 student enrollments. The platform had more than 120,000 registered users. The company was valued at ₹35 crore in August 2021, with founders owning 78.42% of the company. Specific revenue figures and current team size are not publicly disclosed.[1][2]

Legal Entity Information

  • Legal Name: Edvizo Media Private Limited
  • Incorporation Year: 2017
  • Registrar of Companies (ROC): ROC Bangalore
  • Corporate Identification Number (CIN): U74999KA2017PTC107391
  • Registered Address: Bengaluru, Karnataka, India
  • Company Status: Active[1]

Media & Public Recognition

  • 2020: Winner of IIT Guwahati’s National Level Startup Competition.[4]
  • 2020: Received recognition from the Deputy Chief Minister of Karnataka.
  • 2021: Featured in The Indian Express for its founder’s journey and mission to transform education access.[3]
  • 2021: Edvizo's crash course was endorsed by the Education Minister of India.
  • 2021: Covered by The Financial Express and The Startup Lab for its $1 million Pre-Series A funding round.[2][4]

FAQs

  • What is Edvizo?

Edvizo is an EdTech platform that connects students with coaching institutes for test preparation, offering comparison and enrollment services.[1]

  • Who founded Edvizo?

Edvizo was founded by Ravi Nishant in 2016.[3]

  • How does Edvizo ensure the quality of listed institutes?

Edvizo verifies institutes through personal visits and rigorous checks before listing them on the platform.[2]

  • What exams does Edvizo cater to?

The platform supports students preparing for competitive exams like JEE, NEET, and other academic entrance tests.[4]

External Links

Related Startups

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "Edvizo - 2025 Company Profile, Funding, Competitors & Financials". Tracxn. Retrieved 2025-05-20.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 "Edtech startup Edvizo raises $1 million Pre-Series A investment led by IPV". The Financial Express. 2021-07-19. Retrieved 2025-05-20.
  3. 3.0 3.1 3.2 3.3 "IIT dropout series: Labourer's son dropped out of IIT Guwahati to help young children make right career choice". The Indian Express. 2021-12-08. Retrieved 2025-05-20.
  4. 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 "Edtech Startup Edvizo Raises $1M In Pre-Series A Funding Round". The Startup Lab. 2021-07-19. Retrieved 2025-05-20.