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Pragmatum strives to be leading supplemental
education provider for three core subjects - English, Mathematics
and Science. The company develops content in these three disciplines
and packages them in different modules under different brands to
meet the needs of customer. Founded in 2004, the company owns the
fastest growing brand in IIT JEE in Delhi and is planning to expand
vertically in Math, Science and English Coaching for students in
Class 9 – 12.
The Key success factors for Pragmatum are:
- Standardized content: Pragmatum
believes in Education by Objectives. With this philosophy in mind
the company has invested in building standardized content modules
that can put together to meet an objective. This makes the course
progress independent of the faculty. This allows us to tap into
a wider market of instructors to exercise cost control while delivering
high quality education.
- Low cost of operations: Pragmatum
partners with schools to use their facilities for its coaching
locations. The schools provide excellent infrastructure and locations
that are convenient to students. We also keep small counseling
center for interaction with parents. This gives us flexibility
to open classroom centers at multiple locations without adding
to cost substantially.
- Technology: The Company has a tie
up with HughesNet to deliver its lectures to remote areas using
VSAT backbone. The company has built a unique online testing and
content distribution platform. This platform is used to test students
online, to distribute video lectures, to distribute assignments
and also to create a community of students with similar career
aspirations. This has made the availability of content 24X7 while
reducing the cost of operations for Pragmatum. The company expects
that its investment in online technologies will enable it to gain
scale quickly in future.
- Low customer acquisition cost:
We are the only education setup in India to have a direct sales
force that caters to the need of individual students and parent
unlike others who rely entirely on advertising. This innovative
personalized marketing approach has resulted in low customer acquisition
cost.
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