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
  • JUICE is one of India’s trendiest salon chains with 32..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2003
    Investment size Rs. 20lac - 30lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual Dine Restaurants
    About Us: Echoes is a venture started by a bunch of..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Delhi New Delhi
  • Tea And Coffee Chain
    About Us: Chai Lije™ , is a fast growing brand of..
    Locations looking for expansion Telangana
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Pathological Labs
    We at RADIX have always been in the forefront of..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities