Ed-tech start-up NeoStencil entered into a partnership with Motion Education:
Gurugram-based Ed-tech start-up, NeoStencil, a test preparation platform for Government job exams entered into a partnership with Kota-based coaching institute, Motion Education. NeoStencil plans to start online classes for IIT-JEE and NEET courses for students, which would start from April 2019. The test preparation market in India is estimated to reach $12 billion by 2022, from $7.14 billion in 2017 and every year almost 70 million students apply for Government jobs and approximately 2.5-3 million students for JEE and NEET entrance exams.
“After a successful three-plus years in the government job test preparation, entering into JEE and NEET was a natural extension for us,” said Mr Kush Beejal, cofounder, NeoStencil. The start-up aims to provide comprehensive online learning, so that students do not have to leave their regular schools to move to Kota or other metro cities for IIT and NEET exams preparations.