FY25 Half Yearly Business Summary
As we look back on the first half of FY25, NoPaperForms continues to prove itself as a dynamic force in the education technology space. Our unwavering commitment to empowering educational institutions has led to a successful H1, marked by strategic milestones, technological advancements, and sustained growth.
Vertical SaaS in Education is evolving rapidly, and we’re thrilled to be at the forefront, shaping it’s growth. This time, we’ve shared the growth and landscape of Vertical SaaS in Education.
Key Highlights
- Strong Business Performance:
- 61% new client additions compared to FY24H1
- We also on-boarded one of the largest “Open Online Course Providers” of the USA to enable them to serve their university partners for online degrees across the globe
- Expanding Collexo Business:
- We processed ~INR 1000Cr worth of fee in FY25H1 comapred to INR 1200Cr in FY24 full year
- Product Adoption and Updates:
- Our partners made 11.6Cr counselling calls in FY25H1 against the 15.1Cr calls made in the entire year in FY24
- To enhance engagement and conversion rates, we rolled out a whole new set of products built on the insights from 1200+ organizations – Zing, Echo, Amplify, CalendarPro, Loan Connect and much more
- SOC 2 Type II Compliance Achieved:
- Reinforcing our commitment to data security, we’re proud to be a SOC 2 Type II compliant organization, ensuring the highest standards to data privacy
Looking Ahead
The first half of FY25 has set a robust foundation for the future. Our vision to be the unified technology platform of choice for educational institutions remains steadfast. As we continue to grow and innovate, we are excited about the opportunities that lie ahead and the impact we can make on a global scale.
We invite you to explore our journey and share your thoughts as we build on this momentum at corpdev@meritto.com. Your support and engagement are invaluable as we strive to redefine the future of education technology.