Hotline: 1800 102 2007
X
Search Business Opportunities
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, 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.

Comment
image
Related opportunities
  • Others Food Service
    About Us: Pind Balluchi a unique restaurant with an Ambience of..
    Locations looking for expansion Delhi
    Establishment year 1992
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 2800sqft.-3200sqft.
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: The Jaipuria family's association in the field of education..
    Locations looking for expansion Uttar pradesh
    Establishment year 1974
    Franchising Launch Date 2014
    Investment size Rs. 5 Cr. above
    Space required 90000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Grocery Stores
    About Us: Value4u is one of the best grocery suppliers in..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • We are Running a Corporate DSA At Raj Nagar Ghaziabad..
    Locations looking for expansion Uttar pradesh
    Establishment year 2007
    Franchising Launch Date 2017
    Investment size Rs. 50 K - 2lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities