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How Bfactory: a startup by two IIM alumni is helping MBA aspirants achieve their dreams

Let's uncover the startup journey of two IIM Ahmedabad alumni, Rahul, and Kamlesh who are helping thousands of MBA aspirants
Let’s uncover the startup journey of two IIM Ahmedabad alumni, Rahul, and Kamlesh who are helping thousands of MBA aspirants with their startup Bfactory.

The Founders!

Bfactory is the startup of two friends Rahul and Kamlesh. Both of them have an MBA degree from IIM Ahmedabad.  Thus, let’s take a more in-depth look into their lives.

Rahul Anand

Rahul Anand
Rahul Anand

From the past seven years, Rahul has been training thousands of students. During his college days also, he was involved in teaching students for management entrance exams.

  • He did his MBA from IIM Ahmedabad.
  • His is from Ranchi.
  • He did Computer Engineering from BIT Mesra.
  • He worked as an intern for two months at Cadbury India Limited.
  • He also worked in Colgate Palmolive India Limited for four months.

Kamlesh Chauhan

Kamlesh Chauhan
Kamlesh Chauhan

Hailing from Sirohi in Rajasthan, Kamlesh is very passionate about maths and successfully interprets data in aptitude based exams. Also, He is helping students to make a successful career.

  • He did his MBA from IIM Ahmedabad.
  • He did his Computer Engineering from NIT Calicut.
  • He is an NTSE Scholar.
  • He has previously worked in several MNCs, along with Wipro, Cognizant, and Pokarna.
  • He has qualified all Top 6 IIMs.

Bfactory and Extrasem

Bfactory - Website Screenshot
Bfactory – Website Screenshot

Rahul and Kamlesh wanted to improve the quality of training provided to students for higher education and employability in India. Thus, Bfactory was born.

The company has two products, Bfactory and Extrasem.

Since its inception back in 2012, the company has successfully trained 10,000+ students for MBA entrance examinations, and Engineering, MBA, BBA campus placements.

The company is headquartered in both Ranchi and Bangalore. The institute trains students via classes and seminars across various states in India, namely Delhi, Bihar, Jharkhand, Andhra Pradesh and, Orissa.

The company started online teaching in 2017. Consequently, they were able to reach out to more students.  In simple words, the objective of the company is to provide quality training to the students at reasonable rates.

Since the last ten years, Rahul and Kamlesh have been training thousands of students. Consequently, they managed to create method learning modules using mind training techniques like anticipation guidance, elimination, visualization, mind mapping, critical thinking, and many more.

However, their courses are now available online for around 7 million Engineering and other graduate students in India who prepare for MBA and Placement exams.

The Vision, Idea, and Inspiration behind Bfactory

Bfactory - Directors and HODs
Bfactory – Directors, and HODs

Rahul and Kamlesh’s main idea behind starting Bfactory was to make graduating students more application-oriented.

Reportedly, nearly 90% of the Indian Engineering graduates don’t get the kind of jobs that they can get if they become more activity driven.

Hence, the duo wanted to build products that help students undergo a mind training process, which can help them grow in their careers. Rahul believed that the Indian Education system mainly focuses on rote learning, whereas when it comes to the job market, candidates with a high application-oriented mindset are preferred. Hence, the duo wanted to fill this gap.

In simple words, their vision is to create a method oriented learning support system for undergraduate students so that they can become employable and productive in the dynamically changing work environment.

Challenges faced on the outset!

Bfactory Founders - Rahul Anand and Kamlesh Chauhan
Bfactory Founders – Rahul Anand and Kamlesh Chauhan

Unlike any startup, Bfactory also faced many challenges in its initial days.

The biggest challenge for them was to change the mindset of the people. As they started in a small town, they had a hard time convincing people that an offering from a small town can be better than something from a metro city.

But soon, people started responding to them, and Bfactory became a brand. Currently, they are a big family of thousands.

Collaborations and Partnerships!

Bfactory has partnered with many engineering and management colleges. Also, they have conducted campus placement training sessions for 3000+ students at Birla Institute of Technology.

Besides, the company has an ongoing placement training contract with Amity University and IIIT Una.

Their product Extrasem is very popular among students. For this reason, they are steadily getting a bigger and better hold of the market.

First Milestone and Current Growth Status!

When we asked the duo about their first milestone, they said-

“Our first milestone was within four months of our starting Bfactory. Our first batch of MBA entrance preparing students (22 students) saw students entering XLRI, IIM Lucknow, and MDI Gurgaon. The results never stopped since then.”

They further added that on the academic front, their first achievement was publishing the book “Algorithmic Reading Comprehension.”

Whereas, on the social front, their first significant milestone was setting up a contribution drive for stationery donation for three schools for underprivileged children.

As of now, they ave four offices in two cities. Also, their products and services are available online pan India and in neighboring countries. Additionally, they have two apps, three websites, and have managed to build a customer base of more than 2000 students.

In case you wish to know more about their products and services, check out the Bfactory and Extrasem app from the links below.