Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 06 2017

Testbook.com raises an undisclosed amount from Matrix Partners India

The platform allows students to attend live tests and is designed to simulate an environment similar to the actual examination, the company claims.

Testbook.com raises an undisclosed amount from Matrix Partners India

Testbook.com, an online test preparation platform for competitive exams, has raised an undisclosed amount in unding from venture capital firm Matrix Partners India, it said in a statement.

The startup plans to use the fresh capital to enhance its product offering. Testbook, which is operated by Mumbai-based Share Infotech Pvt Ltd, is an online test preparation platform for government jobs and competitive exams such as SBI PO, SSC CGL, IBPS PO, IBPS Clerk, LIC AAO, GATE and CAT, among others.

The platform allows students to attend live tests and is designed to simulate an environment similar to the actual examination, the company claims.

Its content can be accessed through its website, mobile app or offline test centres in select cities. Testbook was founded in early 2014 by a group of IIT Bombay and IIT Delhi alumni – Ashutosh Kumar, Narendra Agrawal, Yadvendar Champawat, Abhishek Sagar, Manoj Munna and Praveen Agrawal.

The company raised an undisclosed amount in funding from education content provider S Chand & Co Pvt. Ltd in March last year. In 2014, the firm secured Rs 1.5 crore through LetsVenture, an online platform that connects startups with investors, and ah! Ventures, the angel network of Club Ah!.

Of late, ed-tech startups have elicited a lot of investor interest. Bangalore-based Byju’s is India’s most funded company in the education and test preparation segment. Just three months after closing its last round, Byju’s raised an undisclosed amount from Belgian family office Verlinvest last week.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Professional Education Coaching
    About Us: Praadis Institute of Education is an online educational portal..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Laundry & Dry Cleaning
    About Us: LaundryAnna is one of the best laundry services in..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Fashion Accessories - Women
    About Us: Triumph has been crafting lingerie for over 130 years,..
    Locations looking for expansion Maharashtra
    Establishment year 1986
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Ice Creams & Yogurt Parlors
    About Us: Iceberg Icecreams is the best-tasting brand in India. With..
    Locations looking for expansion Andhra pradesh
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities