Foreseeing niche market at the golden-age of internet is something brainy. e-Learning market was one among such breeds that had a 'future' only in future. Amalgamating this brainy with bravery, Renaissance eServices Pvt. Ltd. came into existence with its first ever internet based learning program - eCollege of India, in 2005. But the premier product couldn't make any impact as the Indian industry was barely matured to absorb an e-Learning platform. However, the confidence in the vision and the ability to learn from the down-fall blessed the organization to wait for the perfect moment to launch its products such as Meducination - the award winning online medical content & courses, and Psychology World - the higher degree online courses in psychology & applied psychology from University of Derby Online, and thus climb the gigantic heights of triumph.

Today, Renaissance 2.0 leverages the market in 52+ countries, is doing development of its own products, and has catered to over a million students across the globe. On the other hand, the organization has tailored over 24,000 online modules and about 136,000 man-hours of development works which today empower the government and corporate customers from UK, Europe and U.S. Moreover, Renaissance is the scholastic Indian partner of UK government's eLearning for Healthcare (e-LfH) program - one of the world's largest medical e-Learning initiatives. e-LfH is one among, but not limited to, Renaissance's strong built customer base, an eco-system which has 97 percent retention history.

"Both the e-Learning industry and our company have evolved and undergone a paradigm shift over the last decade. It used to take weeks to produce a module of e-Learning earlier, but now can be created in just a few days; thanks to the onslaught of a number of rapid authoring tools," adds Shabd Mishra, Founder & CEO, Renaissance. Holding the advantage of technology at its best, the organization grabs the potential of tier 2 & 3 cities of India. Rise to the soil of Agra few years ago underlines this comprehensive research capability of the company. To make a lucrative involvement in this niche market which looks bright with the promotion of Digital India & Skill India campaigns coupled with the integration of Social Media, Big Data and Cloud, the organization has carved some innovative products.

Converting Failure into Triumph

This boot-strapped company has embedded 'value for money' into its DNA and is wholly and fully driven by and centred on satisfaction, be it the customers or its own bottom-line. "Our Magic Mantras - quality of content produced, cost to customer and the turnaround time for every project, are the genesis for our survival and success," asserts Shabd. Today, the organization thanks the failure of its premier product, which ignited the spark and powered it to manifest the prolonged index of products including the most renowned ones such as LinguaVille and eLearnVille. "EdHunger is currently under development and will cater to a unique K12 market offering under our not for profit initiative headed by our Director, Adv. Namrata Mishra," concludes Shabd. The organization which makes money via its module development and products has witnessed a 40 percent incremental growth Y-o-Y. Renaissance is looking forward to a potential AIM or BSE listing in due course of time with the alternative being a possible M&A.