In a bid to promote digitalization and online education, two young entrepreneurs have launched a fully Online-operated school commonly known as Cyboard School.
As per the Co-founders of the project, Rajat Singhal and Kunal Singhal, the initiative is a hybrid model of delivery encompassing a mix of online classes which will be followed by physical camps spread over 30 days in a year and few city-level Interactions. The school targets enrolment of about 5000 students in Standards 1-3 by the end of March 2021 and acquire 1% of India’s K-12 market share by 2025.
“India possesses one of the largest educational systems in the world. The Online K-12 segment is projected to be nearly 3.7 times its existing size of $1.16 Bn to $4.3 Bn by 2025. The COVID-19 pandemic has underscored the significance of digitization across sectors and education is no exception,” said Rajat Singhal Co-Founder, Cyboard School.
The management team will comprise of mentors, technopreneurs, curriculum and content development experts and excellent administrators. Each master teacher would be teaching nearly 1000 students at a time while the AI tools embedded in the Platform will help minimize parental support and maintain the utmost level of discipline. The school is based on a monthly fee model. It will ensure economies of scale through advanced technology solutions.
