For scaling up revenue growth to touch over rs. 92 Crore in annual revenue by selling its collection of short-term certification courses, that has a direct impact on career growth.
Simplilearn provides short term online certification courses that have a direct impact on career growth of working professionals. The company, which received investments from Kalaari Capital, Helion Venture Partners and Mayfield Fund, has created educational content with advanced technology and innovation that has impacted lives of working professionals and their families worldwide.
Simplilearn.com is being developed as the ‘go-to destination for enhancing career skills’ for working professionals across functions and industries globally. Addition of new courses and expansion of categories to meet the demands of current and prospective customer base as well as strengthen offerings on mobile are the three focus areas of growth. The company wants to impact at least a million careers annually in the next 3-5 years.
The number of visitors on the website has grown from a few thousands to a million visits a month in five years. The number of new customers signing up on a monthly basis has grown from a few hundreds to 20,000 per month. Monthly sales has grown from US $10,000 to US $2 million a month.
Simplilearn pioneered and created ‘online certification training’ for working professionals to enable their periodic reskilling for better growth.
The company has democratized the learning process by making it easy for people to match their requirements using an innovative blended learning model of live instructor and self-online training.
The company has also introduced features such as mobile learning, 100 per cent money back guarantee to customers apart from providing 24/7 support and online doubt clarification.