Tutorials Point launches it's new Learning App 'Tutorix', announced up-coming SME IPO - RNews1 Network

Tutorials Point launches it's new Learning App 'Tutorix', announced up-coming SME IPO

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Jaipur : Hyderabad based company Tutorials Point India, on Thursday announced it's new Learning App 'Tutorix' and up-coming SME IPO here. The company founded in 2014 by Mohammad Mohtashim, Premotor & Managing Director engaged in the publishing of high-quality educational content, videos and other educational resources such as Coding terminals, Development tools, Articles, Questions & Answers, etc.for the diversity of users from students to professionals worldwide. The educational content provided by the company is available on the website tutorialspoint.com. The company ranks 476th among the most visited websites in the world and 85th among the most visited websites in India. The website has also a mass reach in 240 countries.

In consort with the website the company has also launched itsYouTube channel to provide seamless streaming of videos and Maximise the user experience. Our YouTube channel has 12,000+ videos currently playing. With 9 lakhs+ subscribers and more than 80 million views.Total watch time on our videos has crossed 232 million minutes. With more than 17.50 lakhs page views every day on our website and more than 8.50 cr. views on our channel.

These days e-learning is rapidly becoming an indispensable element in self-study. It providesmany appealing features that can overcome the current downsides of traditional classroom-based learning. With this view and to diversify the company, it has launched its new product – “TUTORIX” which provides access to the paid content to the users . It is a self –study kit for Math& Science of standard 6th to 12th for CBSE board along with IIT-JEE & NEET exams preparation. The company has alreadyrolled out Phase I i.e. content for standard 6th students in May, 2019 which is being offered through Tablets, SD Cards and Video Streaming. The product “Tutorix” is availableon Amazon for the buyers.

Tutorix is an educational self – study kit which is engaging and comprehensive and is aimed at providing rich and quality learning content to the users.It provides its users with an unparalleled learning experience with rich graphic – animated videos, challenging tests, and completely personalised feedbackby focusing on memory retention and engaging lessons.

Mohtashim, Promoter & Managing Director of an Ed-tech company said that “Tutorials Point India Limited” has received the approval from the Bombay Stock Exchange limited for its Initial Public offering as on July2019to enhance brand visibility & induce potential investors to become a part of its going forward success of the company. The company is planning to raise the money to meet if fund requirement and the company advised by Holani Consultants Private Limited, a Jaipur based SEBI registered Cat-I Merchant Banking company specialised in IPO, FPO, Bonus Issue, valuation and other allied activities.

Further he said that the company is a ZERO debt company with a Net worth of Rs.1251.43 lacs reported at the end of the March, 2019. During the year ended March 2019, the cash and cash equivalentsand the profit after tax of the company isRs. 255.55 lacsand Rs.403.02 lacs respectively.


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