Delhi-based edtech startup Qonfuse has raised an undisclosed amount of seed funding from CureInstant founder Hamraj Kumar, through a Facebook Group, Startup Delhi (Abhishek Kumar Gupta).
Qonfuse was founded by Mahesh Gaur, an alumnus of GLA University, Mathura along with his two co-founders Shivraj Dhusariya who is pursuing B-Tech from Chanakya Technical campus and Himanshu Srivastava who is an alumnus of IIT Guwahati.
Qonfuse is an online portal, designed similar to the actual online exam interface. The website offers CAT, Banking, SSC and GATE aspirants an opportunity to prepare themselves by acquainting them with the current pattern. The startup will use the newly raised capital for its growth strategy, improve the product and increase its user base.
Qonfuse is about to launch a service which will avail the users to take an online mock test. Whether a user wants to buy 3 online mock tests or 5 or 10, the choice is up to them. For this, users will only be charged for the number of question papers they have bought.
The Indian education market is estimated to grow at $40 Bn by 2017. Earlier this month, another Delhi-based edtech startup CueMath raised $4 Mn in Series A round of funding from VC firm Sequoia Capital with participation from existing investor Unitus Seed Fund.
Prior to this in March 2016, Byju’s raised $75 Mn from Sequoia India and Belgium-based investment firm Sofina. Other startups working in this segment include Curiositi, Eckovation, MeritNation or players like Logicroots, Sigrid Education, Flipclass, which reach out to students across the country through its online platform.
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