Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 14 2019

Edtech startup Toppr aims to hit 20 million users by 2020-end

Launched in 2013, Toppr has so far raised $65 million.

Edtech startup Toppr aims to hit 20 million users by 2020-end

Toppr is eyeing at hitting around 20 million registered users/app downloads by the end of 2020 from existing 8 million along with $100 million run rate. The edtech startup is competing with the unicorn Byju’s.

Zishaan Hayath, CEO and Co-Founder, Toppr, said, “Apps like Khan Academy, Coursera, etc. have an engagement rate, which is time spent on the app per student per day, at 10-11 minutes, while Byju’s should be around 50 minutes. Toppr’s rate is 110 minutes.”

Launched in 2013, Toppr has so far raised $65 million. While Byju’s has raised $819 million. Toppr’s valuation could be nearly $200 million while Byju’s valuation has reportedly topped $5 billion.

“Byju’s online and offline entities are older than Toppr. In fact, Byju’s offline entity was already over 10 years in the market when we launched. Yes, it is true whoever raises most funding gets most follow on funding as well, that’s the nature but that does not guarantee outcomes,” Hayath stated.

Currently, Toppr has 2-3 lakh paid users.

Hayath added, “Online learning is better because it is personalized and users (parents) understand this but they are hesitant because still the status quo and peer pressure are on the coaching side.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Casual Dine Restaurants
    Smoke Barbeque was established in Kodambakkam, Chennai. Smoke Barbeque name..
    Locations looking for expansion Haryana
    Establishment year 2012
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About Us: Gem Selections is a trusted & reliable provider of..
    Locations looking for expansion Delhi
    Establishment year 1987
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Established in 2013, Shawarma Factory is India’s top rated Shawarma..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 140
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Furniture/Home Decor & Furnishing
    About Us: Founded in 2010, Natural Living specialises offers a wide..
    Locations looking for expansion Karnataka
    Establishment year 2000
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities