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EdTech Startup Notesgen Crosses 400k Users, Raises $100k Angel Funds

by StartUp Terminal Bureau
September 14, 2016
in Uncategorized
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EdTech Startup Notesgen Crosses 400k Users, Raises $100k Angel Funds
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Notesgen- World’s first and fastest
growing peer-to-peer notes eXchange platform for students to learn and earn,
has crossed 400k users, raised $100k in angel funds and enhanced its product to
become the first platform to offer personalized notes feed for each student
based on their preferences, keywords and field of study.


The company announced a complete
product revamp to support personalization technology. This includes features
like allowing students to register their field of study, keywords and search
terms which are used to create individual oriented notes feed from their
databases with highly relevant and useful content for the user. Additionally,
students can download Notesgen curated 25,000+ notes from professional
educators and top students as recommended content. A powerful search-based trending
content feed mechanism has also been added so that students can check out the
top content related to their interest.

Notesgen has also improved integration
with cloud-based storage to enable students to upload notes easily from
dropbox, google drive and other repositories. It has also improved social
sharing of notes and introduced a bonus credit system for user referrals. The
UI/UX has been revamped to make it easier to identify credibility of authors,
preview notes better and get notified for wish-list faster.

All of the improvements are available
via its iOS and Android apps as well. Notesgen has reported over 10 minutes per
session average engagement with its mobile app which is a strong indication of
the value its student generated content brings to other students.

Speaking at the release, its young
founder & CEO, Manak Gulati, a graduate of Carnegie Mellon University said,
“student makes notes to understand a point or concept better in their own
way. This individualized way of understanding a concept gives other students
key insights and learning that is unique about Notesgen. This is the reason we
are seeing over 400k users from 100+ countries without any marketing
spends.”

Notesgen also announced a follow-on
funding of $50k by its angel investors. To further help accelerate the product
roadmap and marketing, Mr. Arvind Jha, ex-head of engineering at Adobe India
and a leading technologist and digital /social media strategist, has joined its
board to drive Notesgen to 1 million active users by Dec 2016. Notesgen also
revealed an impressive panel of advisors including Mr. Amit Ranjan, Founder of
Slide Share and Mr. Satya Narayan, Founder/CEO of Career Launcher.

(Source: PTI)
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