TutorVista: Difference between revisions
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{{advert|date=October 2010}} |
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{{Notability|Companies|date=October 2011}} |
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{{Infobox company |
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|company_name = TutorVista Global Pvt. '''Ltd''' |
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<!-- company_logo = [[File:tutorvista Logo.svg|202px]] | --> |
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|company_type = [[Private company|Private]] |
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|foundation = [[Bangalore]], [[Karnataka]], [[India]] in November 2005 |
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|location_city = Bangalore, Karnataka |
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|location_country = [[India]] |
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|industry = [[Internet]], [[e-learning]] |
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|key_people = [[Krishnan Ganesh]],<br>[[Chief Executive Officer|CEO]] and co-founder |
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|products = [[Online Tutoring]] |
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|Parent company = [[Pearson]] |
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|slogan = "''World Class Tutoring,Just a Click Away''"| |
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|homepage = [http://www.tutorvista.com/ tutorvista.com]; [http://www.youtube.com/user/TutorVista Official YouTube Channel] |
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}} |
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'''TutorVista''' is an online tutoring company geared towards students.<ref>{{cite news|title=TutorVista Help Center : What is TutorVista ?| url=http://help.tutorvista.com/answer.php?id=203&oid=202}}</ref> It relies on a combination of voice over Internet Protocol ([[VoIP]]) telephony, [[instant messaging]], a toll-free fax number (allowing review of printed materials), and an electronic blackboard.<ref>{{cite news|title=Outsourced tutors just an ocean away| publisher = CNN News|author=Soumya Srinagesh | url=http://news.com.com/2010-1038-6126868.html|archiveurl=http://archive.is/crEt|archivedate=2012-07-13}}</ref> TutorVista’s operations are entirely located in India, but most of its market is abroad.<ref>{{cite news|title=The Evolving Indian Offshore Services Environment: Greater Breadth, Depth, and Scope | url=http://iis-db.stanford.edu/evnts/4587/Stanford.pdf }}</ref> The company primarily provides academic help to students in English, mathematics, and the sciences.<ref>{{cite news|title=TutorVista Dashboard| url=http://vista.tutorvista.com/dashboard/index/?}}</ref> |
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==History== |
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TutorVista was founded in 2005 by [[Krishnan Ganesh]], an [[IIM Calcutta]] alumnus and serial entrepreneur, and went live in the United States within the same year. In 2007 the company acquired the educational firm Edurite and in 2009 they announced a partnership with the [[American Book Company (1996)|American Book Company]]<ref>{{cite news|title=TutorVista and American Book Company Link to Provide Free Tutoring for Improved Test Scores |url=http://www.redorbit.com/news/education/904801/tutorvista_and_american_book_company_link_to_provide_free_tutoring/index.html}}</ref> and began to take on investments from other companies such as [[Pearson Education|Pearson]], bringing the total reported raised capital to $38 million.<ref>{{cite news |title=Updated: Pearson Invests $12.5Mn In TutorVista, JV With EduComp & Future Plans |url=http://www.medianama.com/2009/07/223-pearson-invests-125mn-in-tutorvista-jv-with-educomp-future-plans/}}</ref> |
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TutorVista has sold a controlling 76% stake to book publisher Pearson. TutorVista said Pearson would pay Rs 577 crore to raise its stake from the 17.2% that it already had in the company. That stake was acquired in June 2009. The price values TutorVista, started in 2005 with $2.15 million from Sequoia Capital, at about Rs 1,000 crore.{{Citation needed|date=June 2011}}<ref> http://articles.timesofindia.indiatimes.com/2011-01-19/india-business/28373905_1_tutorvista-pearson-manipal-education</ref> |
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==Criticism== |
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In an interview with [[The Economist]], [[Krishnan Ganesh]], the founder and CEO of TutorVista, suggested that building trust for an unknown Indian brand was the biggest difficulty he faced. There have also been several outcries in the United States, to protest against such organizations that do not allow face-to-face and personalized tutoring. Officials and parents from both local and national bodies have mixed reactions regarding the ethical and practical implications of this trend.<ref>{{cite news|title=Online Tutoring and the Offshoring of Education| url=http://tcc.kcc.hawaii.edu/previous/TCC%202007/ciano.pdf }}</ref> In the UK it is estimated that 1 in 4 students is now tutored outside school, with offshored tutoring companies increasingly entering the market.<ref>{{cite news|title=Facebook generation fuels boom in online tutors | url=http://www.telegraph.co.uk/education/educationnews/9029841/Facebook-generation-fuels-boom-in-online-tutors.html }}</ref> |
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==References== |
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{{Reflist}} |
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==External links== |
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* [http://www.tutorvista.com/ TutorVista Official Site] |
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* [http://www.youtube.com/user/TutorVista#g/u Official YouTube Channel] |
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{{Use dmy dates|date=June 2011}} |
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{{DEFAULTSORT:Tutorvista}} |
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[[Category:Internet companies]] |
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[[Category:Distance education]] |
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[[Category:Education companies]] |
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[[Category:Companies based in Bangalore]] |
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