ixamBee: Helping Learners to Ace Competitions

Chandraprakash Joshi , Co-founder , ixamBee | Insights Success | Business Magazine

ixamBee is revolutionizing education on the digital platform. It offers authentic test questions easy learning material and engaging content using technology. Co-founded by Chandraprakash Joshi, Arunima Sinha and Sandeep Singh, it aims at equipping learners so that they ace competitive exams.
In the following interview, Chandraprakash Joshi divulges more details about the company, its working and goals.

  1. Kindly brief us about your company and its initial journey.

ixamBee, is an online learning place for competitive exams for jobs in banking, insurance, Centre and State government jobs and others. ixamBee uses technology to create exam specific content at low cost by connecting Subject Matter Experts.
In less than 2 years more than 5 lakh students have registered at ixamBee and have solved 82 crore plus questions. ixamBee is the only place that provides all mock tests for free for more than 50 competitive exams. Thousands of students have appreciated the content quality of ixamBee and our success rate in recruitment exams like RBI, NABARD, SEBI, IBPS PO and IBPS SO (Specialised Officer) has been excellent in the first year of the launch of the learning course.

  1. Brief us about the Founder/CEO and the motivation behind choosing E-learning platform?

I started my career working with the banking sector. I worked with the RBI for 6 years and then with Financial Inclusion division of YES Bank. I have lived in villages and during my work also I travelled to different parts of rural India and that is when I realised the gap in access to quality education. I observed that millions of small-town students are ready to pay for education but are not getting the quality education and online learning is the way to reach these youths scattered all over the places.

Arunima (one of the co-founders) quit her government job (She was Manager in SIDBI) to pursue her passion for education. She started Stratagem – a coaching institute for competitive exams. In the first year 5 students joined the coaching and all 5 got selected.

In 2016, I, Arunima and Sandeep met and started ixamBee, to make quality education available to millions of students. Sandeep has extensive experience of the internet industry. The common passion for education and the willingness to do benefit the unemployed youth of the nation have made ixamBee a favourite among students very quickly. We, three founders, have our school education from small towns and bring complementary skills in education, online industry, entrepreneurship, and business development.

  1. What are the key points that you consider while developing the E-learning content? 

We strongly believe that content is the king. The uniqueness of our content is:

  • All learning material is crisp and relevant
  • The content is updated regularly, which is a must for competitive exams
  • Subject Matter Specialists study the previous year exam pattern and prepare the test paper and learning material based on that and as per the notified syllabus 
  1. Brief us about the services that the company offers.

ixamBee has two types of offerings for students:

  • Free Mock Tests – These are the simulations of the real exam, which students practice in the computerised environment. We provide Mock Tests for more than 50 exams and we provide these for FREE. Post attempting the tests, the users are provided with a detailed performance analysis which helps them in identifying weak areas. Each question is provided with a detailed explanation.
  • Online Learning Courses – We have learning courses for Bank PO, IBPS PO, RBI, NABARD, SEBI, IBPS SO, LIC AAO, IBPS Clerk, RRB, and other exams.  These courses are prepared by Subject Matter Specialists and consist of recorded videos, short notes, practice questions and live sessions for doubt clarification.
  1. What are the challenges in the Education Sector in India?

The biggest challenge we see is that a large number of bright students, living in small towns and villages are not getting access to qualified and passionate educators. The most talented students do not become a teacher and especially the quality of teachers in small towns is very poor. We have a large young population- there are 30 crore students in India and in the absence of quality education we will lose the demographic dividend.

  1. Please share the latest technology that the company is utilizing to offer better learning solutions.

ixamBee is using low-cost technology for recording videos and making questions. We have partnered with Kidaptive, a Silicon Valley-based company that uses Artificial Intelligence for adaptive learning. Kidaptive is helping us in improving exam analysis and product customization as per the user requirement. Using technology, we connect Subject Matter Specialist with students from all parts of the country.

  1. How does the firm intend to handle its Societal Responsibility? Please mention any special charity or program as such.

ixamBee is the only website that provides all Mock Tests for FREE to all students. In addition to this, we provide career guidance, exam awareness and general awareness related material to all the users for free. Today more than 99.5% of our customers are free users, learning and improving their scores. In the coming years also less than 1% of our users are going to be paid users and the rest of students will continue to learn for free. In the paid courses also ixamBee offers scholarships to bright students.

  1. What would be your advice for the budding start-ups and entrepreneurs in the industry?

One needs to focus on making content appropriate to the students’ requirement.
There is a large unmet need of student who are looking for exam specific content and get confused with the information overload on the internet.

  1. Brief us about the company’s future perspectives.

ixamBee will continue to provide the best quality content for more exams. There are more than 200 exams that we plan to cover through our Mock Tests and 2-3 crore students will get access to these tests for FREE to practice for the competitive exams. Using technology, we are going to improve the learning experience and also provide better customisation of the content.
Website:- www.ixambee.com/