AlterYouth

Name

AlterYouth

Legal name

AlterYouth Limited

Website

https://alteryouth.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Education Technology / Scholarship Platform

NAICS

Educational Support Services (611710), Grantmaking and Giving Services (81321)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Application Support, Matching Platforms & Scholarship Administration Services (EDAIAOAN)

akta.pro secondary industries

Country/Region-Specific Scholarships (Inbound/Outbound) (EDAIAOAC), Foundation/NGO & Philanthropic Scholarships (EDAIAOAH)

Keywords

• Mobile scholarship platform
• Student sponsorship service
• Education disbursement apps
• Primary school funding
• Diaspora giving platform

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Scholarship Service Fee: AlterYouth charges a fixed service fee of BDT 300 per scholarship per month. This fee covers platform maintenance, onboarding of new schools and students, monthly counselling calls, attendance and grade monitoring, and supporting the AlterYouth team. The full scholarship amount (BDT 1,400) is transferred directly to the student's guardian without any deduction. The company is registered as an education technology social enterprise, not a nonprofit or charity, and payments are not tax-deductible in the US, Australia, Canada, or the UK.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

AlterYouth operates a mobile-first C2C scholarship platform that enables individuals worldwide, particularly the Bangladeshi diaspora, to start and fund monthly scholarships for financially struggling students in Government Primary Schools of Bangladesh. Each scholarship consists of BDT 1,400 transferred directly to the student's guardian's bKash mobile bank account and a BDT 300 service fee, with a companion teacher app used by school headteachers to verify attendance and report cards.

Product overview

AlterYouth is an education technology platform consisting of two core mobile applications. The main AlterYouth App enables users worldwide to sponsor students in Government Primary Schools of Bangladesh through monthly scholarships disbursed via bKash mobile banking. The AlterYouth Teacher App allows school headteachers to register eligible students (orphans, children of single mothers, and children with disabled fathers), submit attendance and academic performance data. The platform connects diaspora users with students, facilitating direct fund transfers to families with academic monitoring through the teacher app.

Differentiator

Problem solved

Functional benefit

Products and services

• AlterYouth User App The main consumer-facing mobile application that enables individual users worldwide to start and manage monthly scholarships for financially struggling students in Government Primary Schools of Bangladesh. Backers download the app, register, get randomly matched with a pre-vetted student, and fund a BDT 1,700/month subscription (BDT 1,400 to the family via bKash + BDT 300 service fee), with the ability to view attendance data, report cards, and graduation progress until the student completes Class 5.
• AlterYouth Teacher App A companion Android application for Government Primary School teachers in Bangladesh to register eligible students (orphans, children of single mothers, children with disabled fathers), submit attendance data, and upload report cards each term for scholarship recipients. Limited to Government Primary Schools in Bangladesh.

Quantifiable outcome

• 215 students have graduated primary school through a single community founder (Mohuya Khan), demonstrating the platform's ability to support students through to literacy completion (Class 5).
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Five partnerships are on record, tiered core, flagship and minor.

• bKashcoreTechnology or IntegrationbKash is Bangladesh's largest mobile banking service (an investment of the Gates Foundation) and is the disbursement channel through which AlterYouth transfers scholarships directly to students' guardians' accounts. The first month's scholarship payment covers the purchase of a mobile phone for the student's family to set up a bKash account. AlterYouth users can pay via bKash subscription or international card. This integration is fundamental to the platform's value proposition of direct, transparent fund transfer without intermediaries.
• Grameenphone AcceleratorflagshipStrategic or Co-development PartnerAlterYouth was selected as a startup of the Grameenphone Accelerator, Bangladesh's largest telecommunications company. Grameenphone is a leading technology ecosystem player in Bangladesh and its accelerator program provides mentorship, resources, and credibility. Grameenphone is also an investor in bKash, creating an indirect but connected ecosystem relationship.
• United Nations Development Programme (UNDP)flagshipGTM or Marketing PartnerUNDP awarded AlterYouth the 'Asia Pacific SDG Enterprise Award', recognizing the platform's contribution to Sustainable Development Goals (particularly SDG 4: Quality Education and SDG 1: No Poverty). This award was given in association with Expo Dubai 2020. The UNDP recognition provides significant credibility and international visibility for the platform among development-focused audiences and potential global users.
• Expo Dubai 2020minorGTM or Marketing PartnerAlterYouth was listed as 'Global Innovation' at the World Expo Dubai 2020. This exposure at a major international event helped raise awareness among global audiences, including the Bangladeshi diaspora, and reinforced the platform's international credibility alongside the UNDP award.
• Government Primary Schools (Bangladesh)coreStrategic or Co-development PartnerAlterYouth works directly with Government Primary Schools throughout Bangladesh, specifically in Narayanganj, Panchagarh, Thakurgaon, and Nilphamari districts. Headteachers identify eligible students (orphans, single mother families, disabled father), register through the AlterYouth teacher app, and provide ongoing attendance and report card data. Currently 537 Government Primary Schools participate. This school network is the foundation of the platform's student supply.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• DonorsChoose: Crowdfunding platform connecting individual donors directly to specific classroom projects; analogous direct-donor-to-recipient structure but oriented to US public schools rather than developing-country primary education.
• GoFundMe: Large-scale C2C crowdfunding platform; comparable self-serve digital fundraising UX and viral community-driven acquisition mechanics, though broader in use case and not mission-specific.
• Room to Read: Global education nonprofit operating literacy and girls' education programs in South and Southeast Asia including Bangladesh; comparable beneficiary geography and primary-literacy outcome focus.

Emerging players

• Malala Fund: Education-focused fund advocating for and financing girls' schooling in developing countries; shares the development-financing + education-outcomes thesis, though structurally a foundation rather than a transactional platform.
• GiveDirectly: Direct cash-transfer organization sending unconditional grants to recipients via mobile money; highly comparable in disbursement mechanics (mobile banking, no intermediaries, recipient autonomy) to AlterYouth's bKash transfers.

Direct peers

• ChildFund International: Child sponsorship organization pairing individual donors with specific children in developing countries; comparable product structure and recurring sponsorship revenue model, though operates as a registered nonprofit.
• Compassion International: Long-running child-sponsorship platform connecting individual sponsors with specific children in developing countries; shares the one-to-one sponsorship, recurring monthly giving, and progress-reporting structure of AlterYouth's scholarship.
• Kiva: Kiva runs a C2C lending platform where individual funders globally support specific identified borrowers; comparable to AlterYouth's model of named, direct transfers from global individuals to specific beneficiaries with repayment/visibility flows.
• Pencils of Promise: Education-focused nonprofit funding primary-school access and infrastructure in developing countries including in South Asia; comparable beneficiary population and education-outcome orientation to AlterYouth.

Others

• bKash: Bangladesh's largest mobile financial services platform and AlterYouth's core disbursement/payment partner; relevant as a key ecosystem dependency and adjacent enabling technology provider for the scholarship flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/alteryouthapp
• LinkedInlinkedin.com/company/alteryouth

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AlterYouth