Business & Economy Startups Indian edtech startups Toppr, DataTrained raise funding

Indian edtech startups Toppr, DataTrained raise funding

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Toppr is an after-school learning app that uses NLP to solve K12 students’ doubts instantly, whereas DataTrained offers certificate course in Data Science

Toppr closes US$35M from Eight Roads, Helion, Kaizen PE, SAIF

Toppr, an after-school learning app for K12, has raised US$35 million in Series C funding in a round led by Eight Roads Ventures, Helion Ventures, Kaizen PE and SAIF Partners.

A  Datalteria Capital and Times Group’s strategic investment arm Brand Capital also participated in the round, which brings the total investment raises by the firm to date to US$58 million.

The company is using the fresh funding to fuel its adaptive platform.

Toppr caters to the individual learning styles of candidates and provides a wide K12 syllabus coverage with 1.5 million course combinations. It currently has over six million students on its platform and helps them prepare for various school, board, and competitive exams. It uses Natural Language Processing to solve student doubts instantly. It also uses Artificial Intelligence, Machine Learning, and Big Data to study student behaviour and create adaptive learning paths with infinite combinations. This ensures that every student has a personalised learning experience.

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Toppr has a community of over 29,000 educators from across the country.

DataTrained raises US$1.7M to grow pan-India

Bangalore-based edtech startup DataTrained has raised INR12 crore (US$1.7 million) from a pool of three high net-worth individuals — Ashish Nadiadwala, Rupesh Sinha, and Mithlesh Thakur — in return for a stake of 20 per cent.

The company has earlier raised US$570,000 in 2016 from a New York-based Indian industrialist.

The company will use the fresh funding  for expanding to new geographies, strengthening its product and technology team. It is also looking to invest in a classroom-based Data Science PG course in the next year start in Noida.

Founded by Jatin Juneja in 2012, DataTrained Analytics Academy offers 50 courses conducted by 60 highly rated faculty members. DataTrained under offers 11 months certificate course in Data Science with an assurance of 100 per cent placement. The startup has tied up with more than 300 companies as hiring partners.

 

The post Indian edtech startups Toppr, DataTrained raise funding appeared first on e27.

Source: E27

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