
InstaPreps
Helping students prepare for exams and building their confidence.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
InstaPreps, operating under the legal entity Betr Tech Private Limited, is an AI-driven educational technology platform headquartered in Mumbai, India. The company was established in 2019 by a team of co-founders including Anup Raaj, Arun Kumar Gupta, Arvind Patel, Ranjan Kumar Soni, and Hemant Singh Rajput. The founding team shares a common background, hailing from humble beginnings and gaining education from respected Indian institutions like IIT and NIT, which fuels their mission to make education accessible and affordable.
The core of InstaPreps' offering is its mobile application, branded as "The Confidence App." This platform targets K-12 students and those preparing for competitive entrance exams such as IIT-JEE, NEET, Olympiads, and SAT. The business model operates on a subscription basis, providing a suite of services including on-demand doubt resolution, micro-courses, and full-stack preparation options. A key feature is the AI-powered confidence diagnosis, which analyzes a student's confidence level on a question-by-question basis to identify areas of underconfidence or overconfidence. This diagnostic tool helps predict potential exam failure and guides students toward a more strategic learning path. Students can connect with a "confidence coach" for one-on-one sessions and doubt clarification within seconds, 24/7.
Financially, InstaPreps has secured a total of $847K in funding over four rounds, including support from institutional investors like Stripe, Venture Catalysts, and India Accelerator. As of March 2022, the company reported annual revenue of approximately $76.6K. The founders maintain the largest shareholding at 44.81%. Funds raised are being utilized to enhance the platform's AI and deep tech algorithms, such as developing confidence facial recognition, and to expand marketing efforts, particularly targeting rural areas. The company has received recognition for its social impact, including the Iconic Brand of Maharashtra Award in 2022, and runs initiatives like 'Go Girls' for empowering female students and '7 Star' for free IIT and NEET coaching.
Keywords: EdTech, AI education, confidence learning, test preparation, K-12 education, IIT-JEE coaching, NEET preparation, online learning platform, doubt resolution, student confidence, personalized learning, subscription education, Anup Raaj, competitive exams, mobile learning, AI coach, confidence diagnosis, STEM education, education accessibility, affordable education, Indian EdTech