TutorVista

TutorVista

Infobox_Company
company_name = TutorVista Global Pvt. Ltd
company_type = Private
foundation = flagicon|IND Bangalore, India , November 2005
location_city = Bangalore
location_country = INDIA
industry = Internet, e-learning
key_people = K Ganesh,
CEO, and Co-founder
Dr. John Stuppy,
President
Ravi Kannan,
CTO, and Co-founder

products = online tutoring
slogan = "World Class Tutoring,Just a Click Away"
homepage = [http://www.tutorvista.com/ tutorvista.com]
TutorVista is an education services company that provides online tutoring and educational content to students around the world. TutorVista makes its services available for online tutoring in a variety of subjects and for college and graduate level exam preparation. [cite news|title=Offshore Tutoring and Exam Preparation | url=http://next.eller.arizona.edu/courses/student_papers/Spring%2007%20MAP489/papers/offshore.pdf ] [cite news|title=One for the books: tutoring gets outsourced|author=Vanessa Hua|publisher=San Francisco Chronicle|date=2006-10-22|accessdate=2007-08-15|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/10/22/MNGTILTVRR1.DTL]

History

TutorVista was founded in United States in July 2008. The site first went live in the United States in November 2005. In July, 2006 the UK-specific site was launched, while the India-specific site was launched in 2007.Fact|date=November 2007

TutorVista is now located at its headquarters in Domlur Layout,Bangalore. Most of TutorVista's paying subscribers are from America. The company is expected to become profitable in 2008. Launches of the service are planned for Australia and Canada. [cite news
title= The outsourcerer | publisher = The Economist |url=http://economist.com/people/displaystory.cfm?story_id=9358954
] The company is also investigating the potential of offering tutoring in English as a second language to students in South Korea, where high rates of broadband penetration make the market attractive with a person-to-person online tutoring service at an Indian price. [cite news
title= Indians to Teach English via Internet | publisher = Korean Times |author=Cho Jin-seo
url=http://www.koreatimes.co.kr/www/news/biz/2007/08/123_7682.html
]

In November 2007, TutorVista ventured into the Indian education sector as it announced the 100% acquisition of educational content firm Edurite, a domain expert in the domestic education segment, for an undisclosed sum. The new entity will be known as TutorVista Education India Pvt. Ltd. [cite news
title= TutorVista buys Edurite to expand reach
url=http://www.edurite.com/news/news.asp
]

Funding

The company is backed by venture capital funding of approximately $15 million in all. [cite news
title= TutorVista gets $18m PE funding |url=http://sequoiacap.com/news/tutorvista-com-gets-$18-m-pe-funding/
] On June 12, 2006, TutorVista announced that it had secured $2 million in series A round funding. The round was led by Sequoia Capital India, whose parent company is Sequoia Capital. [cite news
title= TutorVista secures $2 Million from Sequoia Capital India
url=http://www.tutorvista.com/press/mediakitpdf/002-FundingPressReleaseFinal.pdf
]

In October 2007, TutorVista announced receiving a strategic investment of $2.5 million by The Manipal Education Group as well as Ranjan Pai, the CEO of Manipal Education and Medical Group (MEMG) joining the board TutorVista as an independent Director. [cite news
title= Manipal Education group invests $2.6 mn in Tutorvista
url=http://economictimes.indiatimes.com/News/News_By_Industry/Services/Education/Manipal_Education_group_invests_26_mn_in_Tutorvista/articleshow/2471803.cms
]

ervices

TutorVista offers online tutoring to students. [cite news|title=TutorVista Help Center : What is TutorVista ?| url=http://help.tutorvista.com/answer.php?id=203&oid=202] 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. [cite news|title=Outsourced tutors just an ocean away| publisher = CNN News|author=Soumya Srinagesh | url=http://news.com.com/2010-1038-6126868.html] TutorVista’s operations are entirely located in India, but most of its market is abroad. [cite news|title=The Evolving Indian Offshore Services Environment: Greater Breadth, Depth, and Scope | url=http://iis-db.stanford.edu/evnts/4587/Stanford.pdf ] The company also reached an important landmark when it started to offer summer e-learning programs in 2007. [cite news|title=TutorVista Brings e-Tutoring Summer Programs to Students | publisher=Forbes.com |url=http://www.forbes.com/prnewswire/feeds/prnewswire/2007/05/31/prnewswire200705310830PR_NEWS_B_MAT_NY_NYTH039.html ] It currently provides tutoring only to private customers.

Criticism

In an interview with The Economist, Mr. Ganesh 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. [cite news|title=Online Tutoring and the Offshoring of Education| url=http://etec.hawaii.edu/proceedings/2007/ciano.pdf ]

=Television Mentions=TutorVista was on television shows such as being mentioned on NBC's Today Show and talked about on ABC and BBC.

References

http://www.tutorvista.com (TutorVista homepage)

External links

* TutorVista Homepage [http://vista.tutorvista.com/referral/getpackage.php?refid=naemm6I= US] [http://tutorvista.co.uk UK] [http://tutorvista.co.in India]
*" [http://www.hindu.com/thehindu/mp/2006/07/26/stories/2006072601200100.htm Login to learn] ",July 26, 2006 , The Hindu
* *" [http://news.com.com/2010-1038-6126868.html Outsourced tutors just an ocean away] ", October 18, 2006, CNET News
* " [http://news.bbc.co.uk/nolpda/ifs_news/hi/newsid_6288000/6288247.stm? Multinationals lead India's IT revolution] ", January 4, 2007 , BBC News
* " [http://economist.com/people/displaystory.cfm?story_id=9358954 The outsourcerer] , " June 21, 2007, From The Economist print edition


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