Launched in 2020, Cybriq offers various level Cyber Security
courses to students and corporate professionals. The startup to empower
individuals and make them cyber security experts in this digital era of growing
cybercrimes and also help them build a career in this fast-growing industry.
More than 5000 students have registered on the portal at
present.
The initial journey
Cybriq was founded by Prameel Arjun, a renowned Cyber
Security Expert and Ethical Hacker from Bangalore. He has been recently awarded
as Indian Ambassador of Cyber Security in Education in July 2020 by Govt of
India & ITU – United Nations, Geneva.
Prameel says, he thought of creating Cybriq with an aim
fully committed to building a robust team of cyber security experts saddled
with the responsibility of revealing new vulnerabilities and strengthening open
source tools in order to ensure safety of data, property and financial
transactions.
ÂWe faced several challenges in the beginning. Due to the
lockdown our entire team was working from home and we had a very tough time
managing the servers. We had many students enrolling everyday and our servers
went down drastically due to the unprecedented rush. It took lot of time for us
to restore and now we have come up with an all-new based AI platform for the
better experience. We are thankful for our users who understood us and
supported us all throughout says Vamsi Krishna, who leads Marketing and Customer
Support at Cybriq.
The Product
The course curriculums are divided into four categories Â
beginner, intermediate, advanced, and professional.
The beginner level course  Cyber Security Mastery involves
learning Ethical hacking from scratch where any student from any background can
start learning cyber security.
Intermediate level course includes Bug Hunting, which
teaches students to find vulnerabilities in applications, reporting and earning
bounty/rewards.
Vulnerability Assessment and Penetration testing is the part
of advanced level curriculum which deals with Network Pentesting, Wireless
Pentesting and Cyber Forensics.
The professional curriculum is mainly for individuals who
are looking to kickstart their career in cyber security industry by offering
various industry level recognized certification courses.
ÂThe youngest student learning on our platform is 11 years
old, this shows the interest and passion among the youth to learn Cyber
Security which is also one of the high paying jobs today says Raghu Vamsi, who
handles the servers and communities at Cybriq.
The Business
Currently Bootstrapped, Cybriq reported $200k revenue rate
in just 6 months, growing rapidly at 100-150 percent month-on-month. Its
revenue model is based on course subscriptions. The students sign up for a free
webinar, after which they will have to take a paid subscription, which ranges
from Rs 5999 to Rs 1,49,999 per course.
Cybriq claims the conversion rates from free webinar to paid
courses is pretty decent compared to others in the edtech industry. The course
levels are priced at Rs 5,999, Rs 14,999, Rs 49,999, and Rs 79,999 and
1,49,999. However, the average ticket size for the courses is Rs 44,999.
Future Plans
Cybriq is looking forward to complete 10,000 student
enrolments in next 3 months. They want to expand globally mainly in countries
like USA, UK, Singapore and also launch mobile apps for better learning by
early 2021.
ÂDue to the Covid-19 lockdown, our month on month growth has increased to more
than 100 percent, with a massive rise in student enrolments. Our focus is on
increasing our technical capacities, creating automations, focusing on quality
content and conducting more live sessions so that more students have access to
our courses, says Prameel Arjun.