New Delhi, India: In an acquisition to establish itself further as a market leader in the test prep segment, NeoStencil, India’s #1 live-learning platform for competitive exams, has acquired TestCafe – an analytics-based test practice portal. The acquisition will improve NeoStencil’s testing capabilities and enhance the way in which competitive exams participants practice and check their preparedness.
NeoStencil helps competitive exam aspirants and India’s top teachers and institutes to come together on a single, convenient and affordable online platform for preparation of exams. In the recently announced UPSC 2016 exam results, more than 500 of the 1099 elected candidates, including 43 of the top 100, were trained by NeoStencil’s partner institutes, and around 100 of them decided to prepare via online classes at NeoStencil. With this acquisition, NeoStencil is poised to become the ultimate podium to help students master test-taking skills.
Students that enrol with NeoStencil can access the study content and live online classes anywhere at any time at their convenience, besides yearly notifications to exam results, mock tests, comprehensive study material in both hard and soft copy, and personalised feedback. The company has been an industry leader in connecting best-in-industry coaching classes with students across the country who cannot relocate to coaching hubs such as Delhi and Bangalore. For gaining expertise in answering tests, NeoStencil provides highly educative test series besides regular courses and study materials.
TestCafe’s platform tracks and analyses students’ performance, and generates actionable recommendations to enable students to rapidly improve performance. Post the acquisition, TestCafe’s analytics engine will transition into a robust backbone for NeoStencil to handle students’ testing needs. TestCafe would help students build accuracy, increase speed, and enhance concentration.
Anish Passi, founder of TestCafe, saw a natural fit in merging with NeoStencil. “The synergies and the potential offered make complete sense. The platform was built in a manner to work across exams. So, the vast potential offered by NeoStencil really excites me.” With the acquisition, Passi joins in as a Director at NeoStencil.
Commenting on the acquisition, NeoStencil Co-founder, Kush Beejal said: “TestCafe’s analytics-based testing has shown tremendous results so far, and is the perfect complement to our online coaching platform. Combining the two will help our students prepare better and faster, and make their preparation outcome-driven. It’s a perfect fit.”
Added Anish Passi, Director, “We’ve always aimed to make the process of exam preparation as hassle-free as possible. This move will help both our students understand their strengths and weaknesses better, and see rapid improvements in their performance.”
About NeoStencil: Founded in 2014 by alumni from AIIMS/ IIT/ IIM, NeoStencil is a premier test preparation platform for government jobs which connects top teachers and institute with students across India. NeoStencil’s platform gives access to live classrooms for students to study from the comfort of their home.