Wincourse acquires 85% stake in Mappr

Wincourse is developing a complete suite of education technology solution, and acquisition of Mappr is a strategic move towards this direction, said Dheeraj Jain

New Delhi: Delhi-based DCS Certification Pvt. Ltd, which runs education technology firm Wincourse, has acquired an 85% stake in smaller peer, social learning start-up Mappr, for an undisclosed amount, a company executive said on Friday.

“Wincourse is developing a complete suite of education technology solutions, and acquisition of Mappr is a strategic move towards this direction," said Dheeraj Jain, co-founder of Wincourse and partner at Red Redcliffe Capital, a UK-based hedge fund.

Owned by Mappr Technologies Solutions Pvt. Ltd, the start-up offers a social networking platform for students, teachers and parents. Teachers can create discussion groups with students and their parents, upload videos, take polls, besides other activities. It also allows parents to network with teachers.

The company was founded in 2014 by Indian Institute of Technology (IIT) alumni. One of them, Soham Chokshi, is also the co-founder of logistics start-up Shipsy. The other co-founder requested anonymity as he is simultaneously working with a multinational company. Following the acquisition, both the founders will move to non-executive roles in the company.

The start-up has tied up with a few schools across Delhi and Mumbai as its clients.

Apart from Dheeraj Jain, Wincourse founders are former executives of NIIT Technologies, K. Bhagavatheeswaran and Ashwani Duggal, besides a few UK-based investors who requested anonymity.

The company acts as an aggregator of tutors in a user’s vicinity. It also grades these tutors by taking feedback from their former and present students and fellow teachers.

It claims to be having a data base of 800,000 tutors across the country. It only offers services in the national capital region and Bengaluru so far but plans to expand to other cities shortly.

The company plans to offer one year of free trials of its services to schools and coaching institutes and will, thereafter, charge them on the basis of the number of students on their platform. The subscription charge has not been decided so far.

With the rise in penetration of high-speed Internet, more and more start-ups are launching social and user engagement platforms.

Wincourse is likely to lock horns with Ahmedabad-based Flinnt, which offers a Facebook-like app to connect teachers and students after classroom lectures.

“By adding a social layer, Wincourse is on its way to become a full-stack company. In the start-up world, any day a new company can come up with a similar solution with cheaper price. Going social reduces the chance of a start-up getting wiped out in such circumstances," said Shailesh Vikram Singh, executive director at investment firm Seedfund.