During his stay at Stanford University Piyush decided to turn entrepreneur. So, he founded online learning platform, Aurus Network in July 2010. Today his flagship product CourseHub enables educational institutes to reach out to remote students across the world. It is with the help of internet base live and interactive HD video classes and the kicker Aurus Network works at an internet speed as low as a 100 kbps.
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Someone rightly said problems choose their solvers. While pursuing his doctorate in Stanford University, Piyush Agrawal realize that Stanford's extensive online distinct learning programme could be run at a fraction of a cost without compromising reach or quality.
Discovering a video compression technique that would work over low internet bandwidth to make transmission of good quality audio video possible, Piyush hopped on to a flight back to India and founded Aurus Network in 2010.
CourseHub allowed education to institutes to conduct live high quality video based classes over regular broadband networks to have dedicated equipment or satellite connectivity that is bringing down cost manifold. Piyush told CNBC-TV18 about what gave him the confidence to give up a lucrative career in States and return home to make Aurus Network a reality.
He can be on a data card or a dial up connection and can still tune into a live class coming to him at a HD quality. This means that he sees exactly what a physical face to face student would see unlike other solutions where the online class would be much inferior to a real face to face class. So that is certainly the first USP of the solution.
Secondly, it is also an end to end automated solution. This means that the institute especially colleges or universities they do not need to have human intervention for recording or post processing these videos. Once scheduled at the beginning at the academic term for the next six months or the next one year it automatically captures the classes puts them in the right courses, applies the right permission to it and makes them available to the end students.
With inbuilt features like Web based lecture videos, editing, social networking, online testing and performance tracking, the software helps students in understanding difficult concepts at their own pace and revising them effectively whenever needed. Working on a USP model Aurus today partners 40 institutes including IIT Kanpur, IIT Patna and IIM Bangalore. Having raised funding from Indian Angle network led by former HCL Technologies founder Ajay Choudhary, Aurus Network close 2012 at Rs 75 lakh and is looking to grow this network further.
Piyush informed that tier II and tier III towns have some great teachers, but a lot of students are not able to find them out. So he will shortly launch a platform where some of these teachers will not only be able to conduct their classes on his platform but they will also be able to showcase their classes to the rest of the world and find more users. It will provide them not only technical platform but also a platform where they can sell their courses.
In addition to this he is now expanding to other markets or other countries especially US, UK, Australia where lecture capture is an important concept and students are willing to pay extra for this kind of a facility.
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