Vriti Infocomâ€™s Knowledge Exchange, a proprietary technology program developed by the company crossed the 150 million question assessments milestone.
Online PR News – 29-July-2011 – – PRLog (Press Release)- - Vriti Infocom, India's leading name in testing & assessment solutions accomplished another milestone with Vriti Infocomâ€™s Knowledge Exchange, it's technology platform, touching 150 million questions assessed as on 30th June 2011. The Exchange, a proprietary technology, developed by the company allows content providers to contribute quality content on a royalty based model which is parceled out through Vritiâ€™s distribution network in B2B and B2C format. The B2B network of Vriti constitutes primarily of schools, colleges, coaching centers, online brands and universities using Vriti services on pay-per-use basis. In the B2C environment Vriti uses itâ€™s e-commerce platform www.vriti.com, itâ€™s educational social networks (like www.goiit.com, www.gocbse.com and others) and Brickâ€™nâ€™Mortar franchisee network (Vriti Knowledge Centers) to distribute the services directly to students.
The 150 million achievement mark came between almost 700 partners in the network. The Vriti engine has conducted tests with its partners in multiple local languages like Hindi, Marathi and Tamil. Some of the tests have been over a 100,000 students demonstrating robustness of the platform. â€śReliability of technology and accessibility on low bandwidths has been a strong driver of our growthâ€ť states Yogesh Seth, Co-founder & Vice President.
â€śThe Vriti platform seamlessly integrates the same tests in online and offline formats to deliver value to both distance and classroom students breaking the infrastructure barrierâ€ť adds Pankaj Vermani, Co-Founder & Chief Strategy Officer.
With 150+ moderators assisting in the content, the company currently holds a bank of 750,000 questions amongst 30+ exam categories. The student addition and usage patterns trends are growing at an unprecedented pace. The Assessment Engine AccelerateTM which the platform uses to generate student reports is one of the most in-depth assessments available globally. The current focus areas are primarily competition and curriculum exam prep in K-12, UG and PG segments.
Vriti provides an assessment driven education exchange to create and distribute courses for students by bringing together authors and various distributors. Distributors include direct to consumer channel like Vriti.com or B2B channel including coaching institutes, schools, govt universities, Vriti Franchisees. Content discovery and enhancement is enabled with Vriti's patent pending assessment platform and ratings via Vriti's exam prep communities. With over 156 million assessment data points, 721 partner brands, 800,000 questions loaded in the platform, over 1 million registered students across 121 cities it is India's largest education marketplace as of July 2011. Vriti is an IIT alumni venture started in 2006 backed by Intel Capital and JAFCO Asia. Vriti was named 5th fastest growing tech company in India by Deloitte in 2010.
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