Toppr, a Mumbai-based online learning start-up, has secured $46 million in a Series D funding round led by Foundation Holdings, with participation by existing investor Kaizen Private Equity, Techcrunch has reported.

Seven-year-old Toppr’s has now raised more than $92 million to date.
Toppr offers products and services are aimed at K12 students. Its learning app provides live classes and sessions, pre-recorded lessons and tests. Its catalogue covers 17 subjects and prepares students for more than 60 exams.

Zishaan Hayath, Toppr founder and chief executive of Toppr, said: “Our schooling system is built in a way that keeps you locked in the current year’s curriculum. On digital, one of the benefits is that you don’t have to follow such rules. So for instance, if a student in tenth grade needs to brush up some concept from grade nine, they can do so at any moment.”

Aakash Sachdev,  managing director of Foundation Holdings, said: “Toppr has emerged as the highest traffic destination for K12 learning and hosts over one million sessions every day. Toppr’s community of 50,000-plus educators from across the country has contributed to over 35 lakh learning pieces, including questions, solutions, concepts, games and videos for the students. Our investment in Toppr also reflects our commitment to empowering great teachers via the new School OS. The new School OS already has 55,000-plus learners on it.”

Date published: 31 July 2020

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