Facebook backs Indian edu-tech platform XPrep
Facebook has backed Delhi-based tutor enablement platform XPrep as part of its global programme FBStart which is designed to help early-stage mobile startups. Under the programme, XPrep has received $40,000 worth of credits and services from Facebook and its partners like Amazon Web Service (AWS), Dropbox, Adobe and MailChimp, the company said in a statement on Tuesday. "There lies a huge opportunity in supplementing the assistance-based offline education system using online technologies. Paying customers are a testimony to our product and we aim to build better going ahead. FBStart is going to help us achieve this goal faster," said Mukul Rustagi, CEO, XPrep. XPrep has also earned access to an exclusive community of developers and mentorship from the Menlo Park-headquartered team of Facebook engineers. XPrep was started in September 2015 and serves as a platform to fill the gap within the tutor-parent community. It enables parents to monitor their child's progress during the course of tuition while helping tutors serve their batches efficiently and scale their business. ""FBStart will help us bring down our technology costs considerably. This money can then be redirected to our marketing and team building activities which will, in turn, help us embark on a higher growth trajectory," Rustagi added. XPrep has acquired a base of more than 100 tutors and over 6,000 students across Delhi-NCR and plans to expand to other cities soon.