Noida-based test preparation service Vriti has shut shop, reports Techcircle citing sources. We tried accessing the site but it was down at the time of writing this article. The report also notes that some of the company operated online educational communities like GoIIT.com, GoCBSE.com and PMTPrep.com are inactive. When we checked, GoIIT was offline while GoCBSE and PMTPrep were parked domains. Founded in 2006 by Swapnil Shrivasatav and Rahul Agarwal, Vriti had raised a total $7.5 million from investors like JAFCO Asia and Intel Capital across two rounds. This includes $5 million (pdf) from JAFCO Asia and Intel Capital in August 2010 and $2.5 million from Intel Capital in 2008. Shrivasatav however told the publication that the investors have been driving the company ever since he quit in August 2012. Other co-founder Agarwal had quit way back in April 2009. The company had appointed Anil Pande as the CEO of…
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