Hotline: 1800 102 2007
Hotline: 1800 102 2007
Nov, 05 2019

With new $7M funding, Exam prep platform Gradeup aims Tier 2, 3 & 4 expansion

The fresh capital will also be used to enhance its technology and product capabilities, diversify offerings, and scale its academic team.

By Features Writer
With new $7M funding, Exam prep platform Gradeup aims Tier 2, 3 & 4 expansion

Gradeup has raised $7 million in Series A funding from Times Internet. This round takes the total funds raised by the exam preparation startup to $10 million.

The startup will be utilizing the funds to expand further in Tier II, III, and IV towns. The fresh capital will also be used to enhance its technology and product capabilities, diversify offerings, and scale its academic team.

Shobhit Bhatnagar, Co-Founder and CEO, Gradeup, said, “This round of investment from one of the largest internet enterprises across India is an endorsement of our will to build the most effective edtech solution in the country. We are investing fresh funds to further build our live online coaching platform, scale our academic team to 100 faculties and 200 subject matter experts, and to expand further in Tier II, III, and IV towns.”

Started in 2015, Gradeup’s flagship offering is Gradeup Classroom, offering live courses from faculties across India. The edtech startup claims to help over 15 million exam aspirants prepare effectively for competitive examinations such as JEE, NEET, IBPS, SSC, TET, GATE, and UPSC among others.

Gautam Sinha, CEO of Times Internet, stated, “Gradeup has been able to build the largest online student communities in India, and we are excited to be partners in their mission to improve education in India.” 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Laundry & Dry Cleaning
    Started in November 1961, by R.K.Maheshwari with a vision to..
    Locations looking for expansion Haryana
    Establishment year 1961
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 175
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Preschools
    About Us: PLUTOKIDS, the "Kids Planet", was set on it first..
    Locations looking for expansion Kolkata
    Establishment year 2009
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata Kolkata
  • Do you want to set up your own Italian food..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size
    Space required 50
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Faridabad Haryana
  • Tea And Coffee Chain
    About: Zealong’s latest endeavour a Quick Service Restaurant, Chai Central! Chai..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities