Prepathon, a learning app for competitive exams, has raised an undisclosed amount of funding in Pre-Series A round from Blume ventures.
The funds will be used to add 50 more courses to the app, which presently has courses in banking, government, management and engineering exams.
Launched in August 2015, Prepathon has about 150,000 users. It is an app that helps create a virtual classroom for students preparing for competitive exams and comes with proprietary feature ‘Coach.’
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PaGaLGuY owns Prepathon and it runs one of the oldest online community used by millions of students every year. It was founded in 2002 by Allwin Agnel, a MBA Graduate from the Wharton School.
Karthik Reddy, founder, Blume ventures says, “Prepathon leverages the right mix of community, personalised coaching and the beginnings of bot technology for interactive learning. It’s very exciting to finally see education models getting a fresh lease of life and Indian products like Prepathon trying to build new global models.”
Prepathon is designed keeping in mind that the education sector is expected to grow significantly in the coming years. As students look to different solutions online in order to solve their educational problems, Prepathon aims to become the ‘go-to’ destination for students worldwide, who want a personalised learning experience.
It helps students for MBA, IBPS, JEE, SSC-GCL students with many more courses marked for future expansion. Coach helps improve student performance by solving queries, giving motivation and providing interactive learning sessions.
Prepathon is backed by a strong and young technology team led by Sandeep Kalidindi, a Masters Graduate from Massachusetts Institute of Technology, Boston (MIT). The goal is to work on cutting edge technology solutions that focus on personalisation and learning.
Prior to this in March 2016, On-demand mobile tutoring platform, HashLearn, raised an undisclosed amount of funding from leading angel investors including Flipkart co-founder Binny Bansal. Also, another edtech startup Byju’s raised $75 Mn from Sequoia India and Belgium-based investment firm Sofina. Other players in this segment includeAvagmah, Meritnation, Simplilearn, Englishleap, Testbook etc.
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