Connect with us

Funding

Toppr Raises Rs. 45 Crores In Series B Funding Round

Published

on

Toppr Raises Money In Series B Funding Round,Startup Stories,Inspirational Stories 2017,SAIF Partners,CEO and Founder of Toppr Zishaan Hayath,Latest Business News 2017,Toppr Funding 2017,Toppr Latest News,Business News India Today,Education Tech Startups Toppr

Personalized elearning solutions provider Toppr has raised $ 6.92 million in a Series B funding round. This is the company’s second round of Series B funding which was led by existing investor SAIF Partners along with Helion Ventures and FIL Capital Management. The investors picked up a 11.37% stake in the firm.

According to VCCircle, the company plans to use these funds to expand their geographical footprint and accelerate their user acquisition. Speaking about the acquisition, the CEO and Founder of Toppr, Zishaan Hayath, said, “This is the second round of series B funding by our existing investors. It is the reflection of our healthy unit economics and a reinforcement of the belief that the investors have in us. We expect this capital to take us to full profitability.

The edtech startup was co founded by Zishaan Hayath and Hemanth Goteti in 2013. Based in Mumbai, Toppr is operated by Haygot Education Pvt., Ltd. The company provides personalized educational services for students from classes 5 to 12, across CBSE, ICSE and various other State Boards. They also provide tailored content to help students prepare for board and competitive exams like IIT JEE and NEET, among others.

Toppr raised close to $12 million in May 2014 and May 2015 in a seed and Series B funding round. Till date, the edutech company has raised a total of $ 12 million in funding and claims to have over 2 million registered users and over 1 million app downloads. The platform also has a community of more than 8000 educators across the country who have contributed over 1 million learning pieces, including questions, solutions, concepts and videos.

Currently, Toppr has a strong presence across 16 cities including Mumbai, Delhi, Chennai, Bangalore and  Hyderabad. Post this funding round, the company is planning to open centers in 30 cities by December 2017. The edutech startup competes with companies like Bengaluru based elearning startup Byju’s,  Embibe, Examify and TestBook among others

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Funding

Imarticus Learning Acquires MyCaptain for INR 50 Crore to Boost Non-Tech Upskilling

Published

on

My Captain

Imarticus Learning, an IPO-bound professional education firm, has acquired Bengaluru-based edtech platform MyCaptain for INR 50 crore in a cash-and-stock deal. This marks Imarticus’s fourth acquisition in four years and is aimed at expanding its presence in non-tech career training, especially across India’s Tier-II and Tier-III cities. MyCaptain, which has over 500,000 learners and a revenue of ₹27 crore for FY25, specializes in creative and entrepreneurial fields, with 60% of its users from smaller cities.

 

With this acquisition, Imarticus will bring MyCaptain’s employability bootcamps in digital marketing, design, and content to its 20+ classroom centers in 16 cities, blending online and offline learning. MyCaptain will operate as a fully-owned subsidiary, and all 250 of its employees will join Imarticus, expanding the combined workforce to over 850. The move supports Imarticus’s goal to reach five million learners by FY28 and deepen its offerings in non-tech domains.

Continue Reading

Funding

Ex-100X.VC Partners Launch 247VC, Announce INR 250 Crore Fund for Seed-Stage Startups

Published

on

StartupStories

Former 100X.VC partners Yagnesh Sanghrajka and Shashank Randev have launched a new venture capital firm, 247VC, unveiling a maiden fund with a target corpus of INR 250 crore (about $30 million). The SEBI-registered Category II AIF includes a base of INR 200 crore and a INR 50 crore greenshoe option, and is focused on backing 30 seed-stage startups across India over the next three years.

 

247VC will target high-potential founders in sectors like deeptech, enterprise tech, consumption, and Industry 5.0, with initial cheque sizes ranging from INR 3 crore to INR 4 crore and follow-on capital for top-performing companies. The fund has attracted prominent early backers, including Sachin Tagra (JSW Ventures), Vivek Mathur (ex-Elevation Capital), and Shailendra Majmundar (Johns Hopkins University).

Sanghrajka and Randev, who together have invested in over 200 startups previously, aim to support ambitious founders building for scale and innovation, especially in emerging and underexplored markets. The launch comes as seed-stage investing gains momentum in India, with average cheque sizes rising despite a cautious funding environment.

 

Continue Reading

Funding

Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

Published

on

Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

Continue Reading
Advertisement

Recent Posts

Advertisement