Impartus Achieves Unprecedented Growth in the Second Half of 2015
January 12, 2016
Appoints Sandeep Aji as CEO and Hires Chinmay Joshi as Head of Operations to Support the Next Phase of Expansion
Bangalore, India – January 12, 2016 – Impartus, a provider of innovative video-enabled learning solutions that drive better outcomes for the higher education sector, today announced that its sales results from the fourth quarter of 2015 were up by nearly 3x over any previous fiscal period since the company was founded, increasing its install base by 50%. Impartus also achieved a number of important milestones in the latter half of 2015, recording over 100,000 hours of video at 50 universities.
Impartus’ growth has stemmed largely from demand in the Indian higher education market, where the growing population is starting to outpace physical classroom space, making it difficult for universities to accommodate potential students. Higher education administrators are eager to find technology solutions that enable them to serve more students with existing resources. Impartus helps universities to overcome numerous logistical challenges while boosting the academic performance of students.
In order to position for its next phase of growth, Impartus has taken steps to bolster its leadership team. The company has appointed Sandeep Aji, formerly Head of Products, to CEO of Impartus, and has hired Chinmay Joshi as Head of Operations.
“Impartus achieved an unprecedented level of growth in the second half of 2015, under the leadership of Sandeep Aji,” said Amit Mahensaria, Co-Founder, Impartus. “Based on this outstanding performance, we are delighted to promote Aji to CEO of Impartus, to lead our rapid global expansion in the coming year. We also welcome Chinmay Joshi to our team as Head of Operations. Together, Aji and Joshi bring the kind of collective experience and drive that Impartus needs to seize a leadership position in the global market for video-based learning platforms.”
With nearly 25 years of experience in managing product and business development for imaging and software companies, Sandeep Aji will continue to focus on R&D and Business Development, building upon Impartus’ current video-based learning product suite to create an industry-leading cloud-based, contextually relevant platform for higher education. Before joining Impartus, Aji served as Director of Marketing and Engineering at Intersil, where he oversaw the development of products for mobile and consumer market. Prior to that, he held Director and Senior Management positions at Aptina, inSilica, and Sun Microsystems. Aji holds a Bachelor’s Degree in Computer Engineering from the University of Pune and has done graduate research at University of Cincinnati in Distributed computing. He also holds a number of original patents in the industry.
As Head of Operations for Impartus, Chinmay Joshi will spearhead operations and support functions in India and internationally. An IIT-Bombay and ISB-Hyderabad alumnus, Chinmay comes with 10+ years of rich experience in Operations, Client Management, Supply Chain, Sales & Project Management. Prior to joining Impartus, Chinmay has been in leadership roles in LivSpace.com, where he ran the supply chain unit, as well as Hindustan Uniliver, Asian Paints, and Cadbury India, where he was instrumental in launching Dairy Milk Silk, a premium chocolate brand. Having tackled his first managerial position at the age of 21, Joshi was one of the youngest managers in India.
“Impartus is clearly the place to be for smart, energetic professionals who want to make an impact on the Indian education sector,” said Sandeep Aji, CEO, Impartus. “We believe that education is something everyone should have access to, and we are deeply dedicated to ensuring customer success. We’ve assembled a team of experts who are committed to achieving our goals every step of the way, from product development all the way through to exemplary customer service. I am very proud of this organization, and thrilled about the opportunity to lead it into the next phase of expansive growth.”
Impartus provides innovative video-enabled learning solutions that drive better outcomes for the higher education sector. The Impartus product suite offers easy, seamless integration to help educators extend learning experiences outside the classroom and provide relevant content to a diverse body of students around the world. Founded in 2013 by a passionate group of IIT and IIM alumni in India, Impartus has the necessary expertise and infrastructure required to provide global support. The company has achieved market leadership in India and a strong presence in a number of developing countries, including Malaysia and Kenya. Impartus is headquartered in Bangalore, India, with offices in India, Malaysia and San Francisco, California. The company is funded by Kaizen Private Equity, India’s premiere education-focused private equity fund. For more information, please visit http://impartus.com/.