“I found the curriculum obsolete and was introduced to QPlay as a part of the college entrepreneur club,” says Arjun K Menon, a third-year B.Tech. student, who also works with Kochi-based mobile app development and enterprise solutions company QPlay Tech as a project manager, guiding app development for enterprise customers.
Working with 25,000 students’ online, test preparation platform Toppr relies on students who have cracked entrance tests to update questions and solutions on a regular basis.
“We believe that the best person to help students in their preparation is someone who has cleared JEE recently. We have developed a tech platform where current students from IITs can login from their hostels and it helps us keep a record of how many students are active, who is able to meet deadlines, what quantum of work they put in, among other deliverables,” says Zishaan Hayath, cofounder of Toppr.
Incorporated in 2013, the startup raised. 12 crore from SAIF Partners and Helion Ventures earlier this year and is eyeing Series A funding by early 2015.Founded by IIT-Bombay alumni Hayath and Hemanth Goteti, Toppr has 600 students registered across IITs for developing questions and around 50 of them are active.
Toppr pays the student-workforce on its rolls based on the duration of work they put in and the number of questions and solutions they upload. “While some students add their work experience to the CVs, most of them are looking for an additional source of pocket money,” says Hayath. Industries and startups seek out students for traditional consulting roles at reasonable costs, with the benefit of having a dedicated person to device solutions.”At an undergraduate level, the amount of time a startup can spend working spend working with the student does not happen in a typical corporate set-up. Also, the startups would like to get their work done and things move fas ter. Students can see the contributions they make r and it is noticed by the company,” s says Aruna Reddy, associate director at the Wadhwani Centre for Entrepreneurship Development at Indian School of Business (ISB).
Source: The Economic Times