Mobile-focused education marketplace GradeStack has raised an undisclosed amount of investment from Times Internet Limited. This is the company's second round of investment from Times Internet after previously receiving seed funding of Rs 10 lakhs (for 10% stake) while being part of TLabs' Summer 2013 batch. Started in 2013, GradeStack partners with educational publishers to create mobile friendly courses with interactive content. It offers these courses through Android apps and the web, with an iOS app releasing by the end of April. GradeStack claims to currently offer more than 30 courses, adding 8-10 courses every month and hopes to increase this to 100 courses by June this year. It currently offers a mixture of free and freemium courses and has tie-ups with International publishers like Cengage Learning, Nova Press, Edupristine among others and Indian content providers like Unique Publishers. It also has tie-ups with coaching institutes like Career Power and AOC for content. GradeStack co-founder Shobhit Bhatnagar claims that they have also signed 12-15 content partnerships in the last couple of months whose courses are expected to go live in the next few weeks. GradeStack co-founder Vibhu Bhushan told Medianama that they work on a revenue share model with these content providers, wherein GradeStack provides 30% of the revenues to the content provider, keeping the remaining 70% of the revenues. GradeStack will be responsible for the technology and distribution of these mobile apps. GradeStack Course Store App & Dedicated Course Apps The course store app works like any e-book reader app, allowing users to browse through various courses and download any…
