2. Meet Kevin! He is a senior in high school.
He is STUCK on a hard Math problem.
Millions of Students Get STUCK!
3. 3 Key Challenges to overcome when STUCK
1
No effective way to
get Insights to
solve
2
Solvers need their
own time to gather
thoughts for solving
3
Reinforcement of
wrong approaches
to learning
4. 3 Key Challenges to overcome when STUCK
1
No effective way to
get Insights to
solve
2
Solvers need their
own time to gather
thoughts for solving
3
Reinforcement of
wrong approaches
to learning
It’s a BIG Opportunity!
Global Private Tutoring
$ 227 bn
Global Online Tutoring
$ 77 bn
US Online Tutoring
$ 14 bn
source: Global Industry Analysts, Inc.
5. The Solution
➊
Global Network of
Solvers (P2P)
➋ Asynchronous
discussions
➌
AI-based Guided
Learning Path
Group discussions
with multiple
solvers.
Guided insight
discovery.
Connecting students
with peers and
experts.
6. The Solution
➊
Global Network of
Solvers (P2P)
➋ Asynchronous
discussions
➌
AI-based Guided
Learning Path
Group discussions
with multiple
solvers.
Guided insight
discovery.
Connecting students
with peers and
experts.
SolveitNOW ≈ LinkedIn with friends and trusted expert solvers
ƒor Math problem solving.
8. What does Kevin want?
➊ How-to-solve-it approach
Kevin posts the Question as a Challenge to
his friends
○ Dexter, Lukas, and
○ SolveitBuDDy--to engage with an expert
9. ➋ Discussion with friends.
Kevin wants to Learn natural ways to get
started on a problem
○ rather than just answer matching!
10. ➌ Meaningful help from
Experts!
Kevin clarified his further doubts
○ It helped him to Consciously Reflect on the
strategies that were helpful or hindersome in
tackling the problem.
12. Progress
6917
# of Questions
asked
15641
# of App User
Activations
18456
# of Questions
Shared
Q User Shares
-- Neharika from India
-- Ryan from Singapore
User Insight snapshotCommunity of 15K users
(all organic with MAU of 2.2K)
14. Competitive Landscape
- Khan Academy
- Chegg
- Doubtnut
- Socratic
- WolframAlpha
Content Apps
- Yup.com
- GotItApp
- TopprDoubts
- HashLearn
- SnapAsk
- Vedantu
- Tutorme.com
Tutoring apps
- Quora
- Brainly
Social-Learning apps
SolveitNOW helps students to develop insights and to get better at
solving difficult Math problems by participating in group discussions
with friends and expert solvers.
15. User Monetization Plan
The network enables revenue. Hence establishing the network is our first
priority. We’ll have an Ad-supported Freemium Business Model.
16. User Monetization Plan
1 Paid access
● Time-bound
solutions
● Video Explainer
sessions
2 Premium features
● Connecting with
experts directly.
● Topic-wise
curated problem
packs.
3
Academia
Partnership
To engage
student/faculty
community of
Schools/Colleges/
Univs
The network enables revenue. Hence establishing the network is our first
priority. We’ll have an Ad-supported Freemium Business Model.
17. Potential Market
Global Tutoring
$ 227 bn
Private tutoring market by
2022*
Global Online
$ 77 bn
Online tutoring market by
2021
US Online
$ 14 bn
in 2014 with CAGR of 12.7%
* source: Global Industry Analysts, Inc. (GIA)
- 5% premium users
asking 5 Qs/month
- ARPU: $10/month
(1/7th
of the usual cost)
- Q1- 25K + 20% MoM
- Ad revenue ++
Assumptions
18. Lean Team @ SolveitNOW
Shekhar Chandra Abhishek S Bailoo Todd Johnsen Angel Investors
1. Prof. Shailendra palvia, LIU, NYHead of Product
IIT Delhi, Yahoo; Built
Personalised Search
Engine@ T6 —first
startup—acqui-hired by
ValueFirst.
Head of Tech
IIT Kanpur, AI/ML
expertise; 15 years of
DeepTech exp, Built
Speech Recognition
Engine.
Marketing Evangelist
Minnesota State Univ. –
Passionate @ Edu., 5yrs
of exp. building an
online matchmaking and
a hybrid smartwatch.
Advisors Stan Chan, Product Builder,
Ensho Health, Toronto
Vishal Chandra, AI/ML
expert, IIT-Delhi.
19. Funding & Deliverables
12 months of runway for
- product-dev
- early marketing efforts
Seed Round
$ 400K
Build the Network over
12 months.
# of Active users
130K
Plan to raise further round in 9-12 months to turn up heat on marketing