What is Toppr? Toppr Review

Basic Introduction

Toppr was founded in Mumbai in 2013 by IIT-Bombay alumni Zishaan Hayath and Hemanth Goteti, who initially offered courses only for students in grades 11 and 12. Today, the company provides adaptive learning services for students in grades 5 to 12, and also provides preparation services for competitive exams such as JEE.

Founder Introduction

Toppr was founded in 2013 by Hayath, who previously worked at Opera Solutions, ITC and Hemanth Goteti, and was the head of engineering at Futurebazaar.com, and has worked with Qlip Media, Synechron and Ubiquity.

Financing

In May 2014, the company received US$2 million in seed round financing from SAIF Partners and Helion Venture Partners.

In October 2015, the startup received $2 million in bond financing from InnoVen Capital.

In October 2018, Toppr, the "Indian version of Yuantiku", announced that it had completed a US$35 million financing round, led by Kaizen Capital and existing investors.

In April 2019, Toppr received strategic investment financing of 440 million rupees.

In June 2020, Indian education technology startup Toppr received 149 million rupees (approximately US$1.96 million) in financing from Indian private equity fund Kaizenvest.

In July 2020, Toppr received $46 million in Series D funding, led by Dubai-based investment company Foundation Holdings, with participation from existing investor Kaizen Private Equity. To date, the company's total financing has exceeded $92 million.

Development History

In February 2016, Toppr acquired Indian education technology startup Manch.

In March 2020, as schools were temporarily closed, Toppr, a comprehensive app for students, announced that it would provide live classes and video courses for free.

References

• 1. Indian education technology startup Toppr completes 3.5 billion rupees in Series D financing: Baijiahao [cited on 2020-07-29T16:00:00.000Z]
• 2. The education industry continues to raise funds, and the Indian online education platform "Toppr" received US$46 million in Series D financing: Baijiahao [cited on 2020-07-29T16:00:00.000Z]
• 3. Toppr, an Indian online test preparation platform, received $3.2 million in financing: Lieyun.com [cited on 2017-04-24T16:00:00.000Z]