Online education company, Mumbai & USA · Edtech / Online Education · S Series

Re-engineering an edtech from 40% to 70%+ revenue CAGR across India and the USA

Context

An online education company headquartered in Mumbai, with a subsidiary on the US West Coast, had been growing organically for five years — and had plateaued. Leadership wanted fast-paced growth, not incremental improvement.

The brief to RenB: a comprehensive three-year strategy targeting 5X growth, and a complete business process re-engineering across every business and functional area to make that growth executable.

Problem

The diagnostic surfaced six structural gaps: no clarity in the business model; no strategy or global vision; no business roadmap with an execution plan; no management best practices; no defined innovation or competitive advantage; and no operational process, controls, systems or automation.

Function by function the picture was consistent. Marketing and sales were inadequate — digital traffic to the portal was too low and the digital footprint showed little brand penetration. Talent acquisition, organisation structure, performance management and succession planning were not built for growth. The product development and content roadmaps lacked direction. Governance had no monitoring or review mechanism, no operational visibility and no real-time decision support. Finance lacked disciplined P&L, cost and cash-flow management.

Approach

RenB applied its Strategy Framework to re-engineer the whole business rather than patch individual functions.

  • Business model, strategy and global vision. The business model was reworked into an e-commerce model, with a strategy and vision built around new geographies and business areas, a global traction plan to expand geographically and demographically, and a product strategy to widen the portfolio to fit.
  • Growth roadmap with execution plan. A 360-degree roadmap across all business and functional areas, backed by a micro-detailed, milestone- and timeline-based implementation plan.
  • Management best practices and governance. Monitoring and review mechanisms, operational visibility and a real-time decision-making system installed at the leadership level.
  • Marketing, sales and people. A rebuilt digital marketing engine to grow traffic and brand penetration; a redesigned organisation structure, talent acquisition process, performance management system and reporting protocols.
  • Technology and finance. A product development and content management roadmap; disciplined P&L, cost-efficiency and cash-flow management; and automation of business and functional processes on a single IT backbone.

Competency building and functional support were front-loaded, because geographic expansion depends on them being in place first.

Outcome

Growth followed the re-engineering. Revenue compounded at roughly 40% CAGR over the first three years of the engagement, then accelerated to more than 70% CAGR over the following two years as the e-commerce model, expanded product portfolio and rebuilt digital marketing engine matured.

Underneath the numbers, the company moved from an organically grown, founder-dependent operation to one running on a defined business model, a three-year strategy with an execution roadmap, and governance that gives leadership real-time visibility across India and the USA. Marketing, sales, people, technology and finance now operate as designed functions with owners, processes and review cadences.

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