Edtech firm BasicFirst Learning has announced Teacher Stock Options (TSOPs) for its teachers and educators to commemorate Teacher’s Day and recognize their contribution to building a better society. Over 150 teachers who are associated full-time as well as part-time with the platform will be eligible for ESOP (Employee Stock Options), and it will be subject to the teacher’s tenure with the company.

Announcing the initiative to mark Teacher’s Day, Randhir Kumar, Founder & CEO, BasicFirst Learning, said, “We intend to thank and reward teachers through our Teachers Stock Options (TSOPs) by motivating them as well as contributing to the success of BasicFirst through this program. With this, we want to share our achievement with teachers, which will further foster their and their family’s belongingness to our institution and instill a sense of shared ownership.”

BasicFirst, a bootstrapped edtech startup, provides specialized courses for JEE, AIIMS, NTSE, NEET, and Olympiads, as well as courses for students in classes 6th to 12th. It delivers customized interactive educational content that is curated by instructors/ teachers based on their interaction with students. The online learning platform integrated with AI/ ML technology accelerates student learning and enhances the overall experience. The personalized live e-learning session equips students with essential communication skills, aptitude, subject competency, and foundational knowledge to excel in academic goals, crack competitive exams and advance their careers.

The company has seen considerable month-on-month growth of 100 percent with a 52 percent CAGR in the last nine months due to a strong demand arising from Tier II and beyond locations. The company recently announced the appointment of its CTO in the US as well as the company’s recruiting strategy for 1000+ talent across marketing, sales, and technical profiles.