Sunnyvale, CA – April 8, 2022 – While ‘college’ represents a huge transformational phase in every student’s life, current times have turned it even more stressful for them. New changes in the education system brought on by COVID-19 virus coupled with genuine time crunch, gaps in study help and uncertainty about their future after exiting college – these have increased stress and strain manifold on students.
Studypaq has been created to fulfil the need for reliable and informative study content that addresses the specific needs of college students and aims at alleviating stress.
Designed to address the ‘Digital Study Help & Online Tutoring’ requirement for college students in USA and Canada, Studypaq provides trusted and curated study resources that enable independent learning. It allows students to learn at their own pace. The operative word here is ‘learn’, as in ‘acquire knowledge and know-how’ by providing detailed information on a particular topic.
The two key areas of differentiation are 1) Course ontologies with concepts and fundamentals tags to help students learn easily and 2) Automated personalized practice assessments to help them apply and test their learnings for more confidence.
Studypaq, applying advanced methods, will enable students to delve deeper into their subject, learn from an experienced and vetted source, and thereafter use the knowledge to clear their assignments and exams.
It receives study materials directly from real-time students and publishers, screens them for quality, accuracy, copyright issues using proprietary algorithms, and then makes them ready and accessible to students through 2 models – Give-to-get or Paid subscription.
Studypaq was started less than 12 months ago, and the company has already achieved some key milestones. The company’s current study resources repository consists of 50K study resources from more than 100 schools in USA and Canada and is growing month-on-month. It has also achieved early Product Market Fit and started generating revenue post the launch of a payments option 3 weeks ago.
Says Dhruv Sampat, Founder, Studypaq and an ardent edtech veteran,” In the next 18 months, we aim to scale to 1M study resources, exponentially grow our revenue and double down on our technology secret sauce.”
While the current product offerings are for business, science and technology students in USA and Canada, Studypaq has plans to expand to include all courses at college level and take the product to many more countries.
It was observed during the seeding of the company that despite colossal costs incurred by students, there is the very real challenge of getting right academic assistance and submitting assignments. Studying for exams can be stressful while managing a job, which many college students do. However, this need not be so. Dhruv states,” As founders, Ankit Gupta and I are here to help students ace their courses by enabling them to learn and practice independently, whatever be their current level.”
With relevant experience from Course Hero, Chegg, LinkedIn and GoFundMe, the company aims at leveraging the team’s collective experience and skillsets to transform it as the learning destination for college students worldwide.
Media Contact
Company Name: Studypaq
Contact Person: Dhruv Sampat
Email: Send Email
Phone: +1 866-494-2198
Address:125 Connemara Way, Unit 63
City: Sunnyvale
State: CA 94087
Country: United States
Website: https://www.studypaq.com/