The 20 Most Trustworthy Companies to Watch in 2024
1. Tutorac: Revolutionizing Global IT
Education, A Journey Of Innovation
With Mr. Vinay Ratnapu
The 20 Most Trustworthy Companies to Watch in 2024
THE 20 MOST TRUSTWORTHY COMPANIES TO WATCH IN 2024CEO INSIGHTS
By Prime Insights
Mr. Vinay Ratnapu, Founder & Director, Tutorac
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Tutorac
A shepherd in Mongolia looks after his flock by day, but by night, he’s learning to
code online. Across the globe, a retired grandmother in Argentina uses online courses
to learn French—a dream she never thought possible in her youth. These are just two
glimpses into the transformative power of online education, which has shattered
geographical barriers and made learning more accessible than ever before.
In 2000, a mere 1.6 million students were enrolled in online courses. Fast forward to
today, and that number has skyrocketed to over 200 million, a staggering 12,500%
increase! This explosive growth speaks volumes about the transformative power of
online education.
Amidst this digital revolution stands Tutorac, a global marketplace reshaping online
education. Led by visionary Mr. Vinay Ratnapu, Tutorac bridges barriers,
connecting learners with expert IT tutors.
Tutorac connects students with live IT trainers worldwide, offering a diverse range of
IT courses. Students browse a diverse pool of tutors, ensuring they find the ideal fit
for their specific learning needs and goals. Once connected, students and tutors can
discuss requirements and embark on a personalized IT training journey.
Tutorac’s story is one of pioneering spirit. In our upcoming feature, “The 20 Most
Trustworthy Companies to Watch in 2024,” we’ll delve into the journey of Tutorac
and its founder, Mr. Vinay Ratnapu, uncovering tales of resilience, innovation, and
the pursuit of knowledge. This isn’t just an interview; it’s an opportunity to glean
valuable lessons and insights from a true education innovator, a man who’s helping
2. bridge the global learning gap. Stay tuned for an epic adventure in education and
entrepreneurship!
Prime Insights- What inspired you to create Tutorac, and how does it
differ from other learning platforms?
The inspiration came from the lack of platforms connecting IT tutors directly with
students. As a software developer, while working in the USA, I noticed a gap in IT
training platforms. We wanted to upskill our IT staff but couldn’t find a platform, and
the existing options lacked customization. Thus, I founded Tutorac to provide a global
marketplace connecting IT tutors with learners, providing personalized learning
experiences for individual needs.
Prime Insights: Who is Tutorac’s ideal learner?
Our ideal learners are anyone interested in learning IT courses, whether they’re
graduates, professionals, or career changers. Our platform connects them with IT
tutors to kickstart their journey and advance their skills.
Prime Insights: Can you outline the range of services provided to both
tutors and students on Tutorac?
Tutorac goes beyond just connecting learners and tutors. We have a wide range of IT
courses to meet various skill levels and interests. Students can enroll in courses, attend
live lectures within our platform (no need for Zoom!), and access recordings for
review. Tutors have robust infrastructure and powerful tools to track student progress,
see attendance reports, and gain valuable insights.
Prime Insights: What sets Tutorac apart from other platforms?
We’ve built a complete learning management system (LMS) right into our platform.
This means students can learn everything within Tutorac, from attending live lectures
to accessing recordings. Plus, we offer robust security features. Student payments are
held in escrow until the tutor completes the course curriculum, ensuring payment
security by releasing funds only upon completion of the confirmed curriculum.
Prime Insights: What is Tutorac’s vision for the future of online
education?
3. Our vision is to make IT learning accessible to all, regardless of their location or
background. We aim to reach students from even a remote village to simplify the
learning process and make it enjoyable.
Prime Insights- What were the challenges you faced during the inception
of Tutorac?
One initial challenge for Tutorac was getting the best tutors. We tackled this through
targeted marketing campaigns. Tax compliance across multiple countries was another
hurdle, but we’ve resolved it. Now, Tutorac seamlessly connects tutors and learners
globally, accepting payments in both rupees (India) and USD (globally).
Prime Insights: How do tutors join Tutorac and set their rates?
Tutors undergo rigorous screening and must meet the minimum experience criteria to
join. They can set their rates based on their expertise and experience. We are not
trying to come up with a larger number of trainers, but with the best ones in the IT
field.
Prime Insights: How does Tutorac handle feedback and reviews from
students and tutors?
Tutorac has a feedback mechanism where students and tutors can rate each other,
helping to build credibility and improve services. And it would be very helpful for the
upcoming set of students who are trying to reach out to the tutors. And that’s how the
creditability and profile of each and every tutor will be built accordingly.
Prime Insights- Are there any upcoming expansions or new features
planned for Tutorac?
Currently, we’re laser-focused on bringing top-notch individual tutors onto Tutorac.
But that’s just the first step! In six months, we’ll be welcoming training agencies and
expanding globally to offer our services to learners in more countries.
By creating accounts on Tutorac, they can showcase their talented tutors to a global
audience. Think of us as a platform to expand their reach and connect with new
students worldwide.
4. Prime Insights: What is the learner’s appreciation ratio for tutorack as a
platform?
We’ve successfully conducted and completed approximately 250 training sessions
within just one month. This demonstrates our learners’ high appreciation ratio.
Learners have been happy with the platform’s ease of use and the quality of tutors,
appreciating the comprehensive learning experience.
Prime Insights: How does Tutorac establish trust among its users?
Building trust is paramount at Tutorac. Our platform allows students to pay
progressively based on course completion, unlike other competitors. For example, if a
student completes 30% of the course and is not satisfied with it, the student will be
entitled to receive 70% of the funds back.
Our secure payment mechanism and refund policy based on course completion ensure
that both students and tutors feel secure throughout the learning journey.
Prime Insights: Can you share your journey as an entrepreneur and
your role in the future of online education?
I completed my Masters in Computer Science from the University of North Virginia
and Business from Sullivan University, USA. As an entrepreneur, I’ve combined my
IT background with my passion for education to create Tutorac, aiming to
revolutionize online learning in the IT sector.
Prime Insights: What advice would you give to aspiring entrepreneurs
entering the online education sector?
Identify the pain points of students and tutors and focus on filling those gaps to
succeed in the competitive online education market. Stick to your goals and try to
improve the product on a day-to-day basis.
Prime Insights: What is the role of R&D in a Tutorac’s journey?
For the past four years, we’ve dedicated ourselves to research and development. We
listen to what learners and tutors need in IT training and work hard to solve their
problems. This ensures everyone has a great learning experience with us.
5. Prime Insights: What are Tutorac’s goals for the
upcoming years?
Our goals include onboarding more top IT tutors, attracting a larger student base to
our platform, and expanding our global reach and course offerings. From 2020–25, we
want to onboard a minimum of 5000 top IT tutors; that is the first milestone in the
target that we have kept, and we also want to make sure that around 50K of the
students utilize our platform. And we want to expand our wings globally to IT-based
countries like Singapore, Australia, etc.
Prime Insights: Share about Tutorac’s mission to revolutionize online
education in the coming years.
Tutorac aims to provide not just a platform for finding tutors but a comprehensive
learning experience where students can explore and experience top-quality IT courses
with live training programs to bridge the skill gap.