Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur

Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur

Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur/age/net worth/investor/startup/affordable, educational laptops/Primebook

Biography of Chitranshu Mahant:

Chitranshu Mahant, the co-founder and CEO of Primebook India, has become a notable name in the education and tech industry with his innovative product— the Primebook 4G Android Laptop. Designed specifically for students, this affordable and feature-packed laptop aims to bridge the digital divide in India. Primebook is not only an educational tool but also a game-changer in terms of accessibility to technology for millions of students across the country.

Early Education and Inspiration

Born and raised in New Delhi, Chitranshu Mahant had a strong academic background. He completed his schooling at Bhavan’s Sawan Public School before pursuing a Bachelor's degree in Civil Engineering from the Indian Institute of Technology (IIT) Delhi, graduating in 2015. It was during his time at IIT that Mahant developed an interest in research and innovation, a passion that would eventually lead him to become a pioneer in the education technology space.

A Foundation in Research and Innovation

While at IIT, Chitranshu’s curiosity about problem-solving and innovation led him to an internship at the Indian Institute of Management (IIM) Bangalore. There, he worked as a research associate at the Centre of Excellence in Urban Governance, focusing on solid waste management. This experience helped Chitranshu develop a strong problem-solving mindset and gave him the foundation to think critically about the world’s challenges, especially in the field of education and technology.

The Birth of Primebook

Chitranshu's journey toward founding Primebook began after he completed his engineering degree. In 2015, he joined Smartivity Labs Pvt. Ltd., where he worked as the Head of Sales and helped build a retail distribution network across over 60 cities in India. Meanwhile, his IIT batchmate Aman Verma, who later became the co-founder of Primebook, was working at Paytm. Despite their different career paths, Chitranshu and Aman remained in close contact, often discussing ideas and projects.

Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur/age/net worth/investor/startup/affordable, educational laptops/Primebook

The Vision to Bridge the Digital Gap

As they worked in their respective fields, Chitranshu and Aman were both driven by the idea of making quality education accessible to students across India. They recognized that one of the biggest barriers to learning was the lack of affordable digital devices for students. With this realization, they began to brainstorm ways to create a low-cost, high-performance laptop that could connect students to the digital world. This idea led to the creation of Primebook, a 4G-enabled Android laptop designed specifically for education.

From Idea to Reality

In 2017, Chitranshu and Aman took a leap of faith and decided to quit their jobs to focus on launching Primebook. They wanted to create a device that would provide students with a full laptop experience, including internet connectivity and access to educational tools, without the high price tag of traditional laptops. Through countless brainstorming sessions and hard work, they developed the Primebook, which runs on the proprietary PrimeOS and is designed to cater to the needs of school students, test prep students, and job aspirants.

Primebook’s Key Features

One of the standout features of Primebook is its 4G connectivity, which allows students to stay connected with their teachers and peers at all times. It provides a desktop experience with multi-window support, allowing users to work on various tasks simultaneously. The laptop is powered by Android, offering access to thousands of apps, including essential ones like Word, Excel, Gmail, Zoom, and WhatsApp. Additionally, Primebook comes with built-in educational tools like PrimeCoding, PrimeSecure, and PrimeFiles, which enhance the learning experience and ensure safety and privacy for students.

Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur/ age/net worth/investor/startup/affordable, educational laptops/Primebook

Making Primebook Affordable

Primebook’s affordability is another key factor that sets it apart. Priced at just INR 15,000, it has quickly become a popular choice among students, especially in India, where digital education has become a necessity. This affordable price point is crucial for making digital learning accessible to students who otherwise could not afford high-end laptops. The product's design and features make it an ideal solution for families and students seeking a reliable, budget-friendly device.

Shark Tank India Pitch

In 2022, Primebook’s co-founders appeared on the popular business reality show Shark Tank India, hoping to secure funding to scale their operations. During the pitch, Chitranshu highlighted the challenge faced by over 25 crore students in India who lacked access to affordable education and digital tools. The sharks were immediately intrigued by the concept and the impact Primebook could have on education in India. The founders initially asked for ₹75 lakhs in exchange for 1.5% equity, valuing the company at ₹50 crore.

Sealing the Deal with Investors

After an intense round of negotiations, Primebook’s founders struck a deal with two of the sharks—Aman Gupta of Boat and Peyush Bansal of Lenskart. They agreed to invest ₹75 lakhs for a 3% equity stake in the company, reducing the valuation to ₹25 crore. This investment was a major milestone for Primebook, as it provided the necessary funds to expand their operations, improve their product offerings, and reach more students across India.

Expanding Reach and Growing the Brand

The investment from Shark Tank India has propelled Primebook’s growth and helped it gain recognition in the competitive tech and education sectors. With this funding, Primebook has been able to expand its outreach to more schools, colleges, and students across the country. The company is also focusing on increasing its distribution channels, including e-commerce platforms like Flipkart, offline retail, and partnerships with educational institutions.

Future Plans for Primebook

Chitranshu Mahant has big plans for the future of Primebook. He aims to make digital education accessible to students globally by expanding the availability of Primebook laptops and licensing PrimeOS to other manufacturers. This move could help increase Primebook’s market reach beyond India and generate additional revenue streams. By opening up the operating system to global manufacturers, Primebook can potentially establish itself as a significant player in the global tech industry.

A Strong Commitment to Quality

Primebook is committed to providing high-quality, durable laptops to its customers. The company’s manufacturing partner adheres to strict quality standards, with certifications such as ISO 9001:2008 and ISO 9001:2015. Primebook laptops undergo rigorous testing to ensure they meet industry standards for performance and reliability. Additionally, Primebook offers a one-year warranty and free software updates for up to three years, providing customers with peace of mind and a reliable product.

Manufacturing in India

Primebook is proud to be a made-in-India product. About 62% of the components used in Primebook laptops, including the motherboard, charger, and packaging materials, are sourced from India. The laptop is manufactured by VVDN Technologies and Optiemus Electronics Ltd, two prominent companies in the Indian tech manufacturing sector. While some components, like the processor and memory, are imported, the majority of the production process takes place in India, supporting the country’s manufacturing industry.

Aiming for Growth and Global Reach

Primebook's resource base includes a team of 40 professionals based in New Delhi, with partnerships with ed-tech companies, original equipment manufacturers (OEMs), and educational NGOs. The company is expanding its sales channels, including online platforms, offline retail, and B2B partnerships with schools and colleges. By diversifying its revenue streams and expanding its global footprint, Primebook aims to establish itself as a leader in the global education technology sector.

Primebook’s Long-Term Impact on Education

Through its affordable, high-performance laptops, Primebook is helping reduce the digital gap and making education accessible to millions of students. Chitranshu Mahant’s vision of democratizing education through technology is slowly becoming a reality. With Primebook, students from all walks of life can access the tools they need to succeed in their studies and prepare for the future. This mission is not only changing the way students learn but also setting a new standard for affordable, high-quality education in India and beyond.

A timeline based on Chitranshu Mahant's story:

2015 - Chitranshu Mahant graduated from IIT Delhi and joined Smartivity Labs.

2017 - Chitranshu and Aman Verma co-founded Primebook to create affordable, educational laptops.

2022 - Primebook appeared on Shark Tank India, pitching for ₹75 lakh.

2022 - Secured ₹75 lakh investment from Aman Gupta (Boat) and Peyush Bansal (Lenskart).

2023 - Primebook expanded its reach and sales through e-commerce and retail partnerships.

2024 - Primebook continues to bridge the digital divide, aiming for global expansion.

Biography of Chitranshu Mahant: Founder & CEO of Primebook- Entrepreneur/ age/net worth/investor/startup/affordable, educational laptops/Primebook

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