Noida-based Fastudent.com is India’s first and only B2B2C DIY education e-commerce platform, catering to the academic needs of students across age groups – from play school to post graduate students – by supplying them a range of education products and services.
It sells everything right from textbooks to stationery for students. The startup has partnered with more than 200 education institutes to help them create their own customized virtual shops – using the Fastudent technology platform.
With a strong vendor base and tie-ups with 1000+ brands in education, the company claims, its operations has helped service the student community like never before. Founded by IIT-IIM alumnae, Gaurav Barman and Geetanjali Khanna, Fastudent is currently offering more than 1 lakh SKUs across eight categories – books and stationery, academic accessories, uniforms, games, sports, digital products, and customised merchandise. With curated super focused product ranges for each educational institute, it is aiming at empowering the student with choices, access and predictability in the supplies domain.
Fastudent now aims to expand to private schools in other markets like Bangalore, Pune and Mumbai by 2017, and add another 1,000 institutes in the near future.
It raised seed investment from a group of angel investors led by Ashoka University trustee Ashish Gupta in 2015. In a recent pre-Series A funding, it has raised money from Fireside Ventures founder Kanwaljit Singh, former Vertex Venture director Ajay Lakhotia, former Softbankdirector Pavan Ongole and Ashish Gupta.