Examville, a company which Rediff had said that it has 26% stake in (but doesn’t mention in its annual report), has launched as an Education Marketplace. The site appears to be rather comprehensive, allowing teachers to conduct live classes (there’s a 60 minute class on how to build a computer, at $15), take standardized online tests (LSAT, GMAT, SAT, GRE), free videos, study material. The business model: similar to freelancing coding marketplaces, students post their requirements for tutoring online, and tutors can apply for the same.
The student makes a payment through Examville to confirm the session; the entire amount is refunded if the teacher doesn’t attend. What’s notable is the rather high commission that Examville is charging for tutoring – as much as 30%. Internationally, payments can only be redeemed via Paypal, though.
Apart from the tutoring section, Examville had also launched an e-books marketplace in August, tying up with publishers like Scholastic, O’Reilly, Milliken, Evan-Moor, Microsoft Press, Shell among others.They also allow selling of documents, study guides etc.
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