Mumbai-based online test preparation service Toppr has raised $10 million in a round of funding led by Fidelity Growth Partners India, SAIF Partners and Helion Ventures. The platform will use the funding for expanding its product, investing in technology and including new content, in addition to catering to 5th to 12th standard students in the next 2 years. Note that, Toppr had previously raised $2 million from Helion Venture Partners and SAIF Partners in May last year, and had raised an undisclosed amount of investment from angel investor Abhishek Jain and former FutureBazaar president & Chaupaati Bazaar founder Kashyap Deorah in 2013. Toppr was founded by Zishaan Hayath and Hemanth Goteti in April 2013. It offers test prep for various entrance exams for students in VIII, IX and X classes intending to take up the science stream. Toppr also provides insights through analysis of academic areas which helps students decide which practice and tests to take. It claims to offer a rank on the basis of their current performances and help to improve their rank through the platform. It provides test and practice packages for engineering entrance exams like IIT JEE (Mains and advanced) & BITSAT, medical entrance exams like NEET, AIIMS, AIPMT and AFMC among others and foundation competitive exams across various boards like CBSE, ICSE and other state boards (NTSE, NSTSE, IPM and MTSE among others). The platform offers these services through various packages that start at Rs 900 for 3 test packages ranging up to Rs 6,999…
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