Proctur is an Ed-tech company from India that started its journey in 2016. The company was founded with a clear vision to digitize educational institutions and make learning more accessible and efficient.
Proctur was founded with the vision to be a "super app for learners." The founders aimed to automate and streamline the management of educational institutes by providing app-based interfaces to key stakeholders in the education industry. This vision was to build a service platform that enhances student learning and brings innovation to the field of education[2][4).
In its early days, Proctur began as a small operation but quickly grew to become a pioneer in the digitization of educational institutes. The company focused on developing comprehensive solutions for educational institutions, including schools, colleges, and coaching institutes[3).
Proctur was founded by Charchit Agarwal, Nishant Agarwal, Prashant Agarwal, and one other co-founder. The founding team brought a mix of technical expertise and a deep understanding of the education sector, which helped in developing robust and user-friendly solutions for educational institutions[4).
The founders have a strong background in technology and education, which has been instrumental in shaping Proctur's products and services. Their experience has enabled the company to create solutions that are tailored to the unique needs of educational institutes[3).
Since its inception, Proctur has undergone significant evolution, expanding its product portfolio and achieving several key milestones. Here is a look at how the company has grown and developed over the years.
Proctur started by focusing on developing a comprehensive ERP system for educational institutions. Over time, the company expanded its offerings to include learning management solutions, online live class platforms, and online exam solutions. Today, Proctur provides a one-stop solution for all the digital needs of educational institutes[2][3]).
The initial concept of digitizing educational institutions has evolved into a full-fledged platform that includes features such as course creation, attendance management, and online payment gateways. This evolution has been driven by the company's commitment to innovation and customer feedback[3]).
Proctur has achieved several key milestones since its founding. Here are some of the notable ones:
Proctur's product portfolio has expanded significantly over the years. Here are some of the key products and services offered by the company:
Proctur's technology infrastructure is robust and designed to meet the complex needs of educational institutions. Here is an overview of the company's core platform architecture, security framework, and innovation in the industry.
Proctur's core platform is designed to be user-friendly and efficient. The platform includes a range of features such as live class administration, end-to-end examination management, and a built-in online payment gateway. This architecture ensures that all aspects of an educational institute's daily operations can be managed seamlessly[3]).
The platform is developed by some of the best developers in the business, using modern resources to ensure that the software is reliable and efficient. This has helped Proctur to become one of the best ERP software providers for educational institutes in India[3]).
Proctur takes the security and compliance of its platform very seriously. The company ensures that all data is secure and compliant with relevant regulations. Here are some key aspects of Proctur's security framework:
Proctur has been at the forefront of innovation in the Ed-tech sector. Here are some ways in which the company has innovated:
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Proctur, an EdTech startup from India, has made a significant impact on the education market. Here’s how they have grown and expanded their reach.
Proctur has seen remarkable growth in its user base. The startup now serves over a million students and has more than 15,000 teachers using its platform. This growth is a testament to the effectiveness of their learning management solutions[7].
The user base expansion is also attributed to the launch of services in multiple regional languages. Proctur plans to offer its services in 50 regional languages, making it accessible to a broader audience across India. Currently, they offer services in languages such as Hindi, Marathi, Bengali, and more[7].
This linguistic diversification has helped Proctur penetrate the regional market, which was previously untapped. By catering to different linguistic needs, Proctur has been able to shape the future of thousands of children across various regions in India.
Proctur has expanded its reach to more than 125 cities in India. The startup has a strong presence in major cities like Mumbai, Pune, Chennai, and Delhi. This widespread presence is due to their comprehensive solutions that cater to the needs of coaching institutes and schools[6].
Proctur targets mid- to large-size coaching classes and institutes, providing them with end-to-end solutions. Their products, such as Proctur ERP, Proctur e-learn, Examdesk, and Proctur Live, help these institutes manage their operations efficiently and compete with online learning platforms[6].
The startup’s market share expansion is also driven by its ability to provide training to clients on the use of technology and mobile apps. This training has helped overcome the initial barriers of onboarding clients, leading to a smoother adoption of their solutions[6].
Proctur’s financial inclusion initiatives are centered around making their services affordable for educational institutions. They offer a subscription-based model with fees starting from Rs 15,000 per year to Rs 4 lakh - Rs 5 lakh per annum. This pricing strategy helps institutions save significant time and money[6].
The startup claims that many of their clients have saved about 30 percent of their time and have even doubled their businesses using Proctur’s platforms. This financial efficiency has been a key factor in the adoption of their services by a large number of educational institutions[6].
Additionally, Proctur’s solutions are designed to streamline administrative, financial, and academic operations, which helps institutions save money and allocate resources more effectively. For instance, their software includes features like online payment gateways and automated exam management, which reduce the financial burden on institutions[9].
Proctur’s financial journey has been marked by significant growth and strategic financial decisions. Here’s a look at their revenue growth, path to profitability, and investment rounds.
Proctur has witnessed a remarkable revenue growth story. The startup saw a 300% growth in 2020, which is a significant increase from the previous year. This growth is attributed to the increased adoption of their learning management solutions and the expansion of their services to regional markets[7].
The revenue growth is also driven by the increase in the number of licenses sold. Proctur now sells around 350-400 licenses per month, which is ten times the number sold a year ago. This increase in sales has contributed significantly to their revenue growth[7].
Proctur’s revenue model is based on a subscription fee, which ranges from Rs 15,000 to Rs 4 lakh - Rs 5 lakh per annum. This model has proven to be successful, with the startup witnessing a 200 percent year-on-year growth in revenue[6].
Proctur’s path to profitability is built on its ability to provide cost-effective solutions to educational institutions. By automating key functions, Proctur helps institutions save time and money, which in turn increases their profitability[6].
The startup’s focus on regional languages and its expansion into untapped markets have also contributed to its profitability. By offering services in multiple languages, Proctur has been able to tap into a larger market, increasing its revenue and profitability[7].
Proctur’s financial efficiency is also reflected in its ability to help institutions save Rs 2 lakh every year and 60 days of time by automating academic and business operations. This savings is a direct result of the streamlined processes provided by Proctur’s software[9].
While specific details on Proctur’s investment rounds and valuations are not readily available, the startup is currently in talks with investors for a fund raise. This indicates that Proctur is looking to expand its operations further and invest in new technologies and market expansion[6].
The startup’s growth and market impact have likely attracted the attention of investors, who see potential in Proctur’s comprehensive learning management solutions. The upcoming investment rounds will likely be crucial in propelling Proctur to the next level of growth and expansion.
Proctur has formed several strategic partnerships to enhance its services and reach. Here’s a look at their banking collaborations, merchant partnerships, and technology alliances.
Although specific details on Proctur’s banking collaborations are not available, the startup’s use of online payment gateways suggests partnerships with financial institutions. These collaborations enable seamless fee payments and other financial transactions for the educational institutions using Proctur’s software[9].
Such partnerships are essential for providing a hassle-free experience for institutions and ensuring that financial operations are managed efficiently.
Proctur’s merchant partnerships are focused on integrating their services with other educational providers. For instance, Proctur works with clients like TIME, SpeakWell Enterprises, and Board Infinity, providing them with comprehensive learning management solutions[6].
These partnerships help Proctur expand its reach and offer its services to a broader range of educational institutions. By collaborating with other educational providers, Proctur can offer a more comprehensive suite of services to its clients.
Proctur has formed technology alliances to enhance its learning management solutions. The startup continuously updates its software with new features and technologies to stay ahead in the market. For example, they have added in-app chat and messaging features to create a seamless experience for users[7].
These technology alliances are crucial for Proctur as they help in maintaining a competitive edge. By leveraging the latest technologies, Proctur can provide innovative solutions that meet the evolving needs of educational institutions.```
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Antah Prerna Education Private Limited,
Office Address: 55, Raju Naidu Road, Tatabad, Coimbatore – 641012
