Mahatta said the free video tutorials were also available for schools from class 1 to class 12 for all subjects of the Central Board of Secondary Education (CBSE) and the Indian Council of Secondary Education (ICSE) boards.
Mahatta said the videos were of high quality and the standards were comparable with the top educational institutions offering such courses.
Apart from social networking, Worldfloat also provides a search engine, free online movies and news services.
It recently also launched a comparison engine to predict stock market prices.
Mahatta said the company would soon introduce video tutorials to prepare for entrance examinations like the Joint Entrance Examination (JEE) for top engineering and medical institutions and the Common Admission Test (CAT) and Management Aptitude Test (MAT) for management institutes.
"Worldfloat is the first social network in the world to create a social network and video learning school and university on the same platform," Mahatta said.
"Internet technology has become very advanced now. Why should parents be still paying tuition fees when technology can get the tuition videos for free," he added.
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