Toppr

As India celebrates Teachers' Day, edtech founders open up about the early influencers in their lives

Skilling startup Tapchief's Shashank Murali attributed his leadership qualities to the lessons learnt in school

Zishaan Hayath, founder and CEO of Toppr, said he is thankful for the inquisitiveness that his teachers inspired

The number of students who paid for BYJU'S courses was 1 Mn in March 2018

BYJU’S app offers learning programmes for school students above sixth standard

BYJU’S has claimed to have tripled its revenue in FY19

CollegeDekho is a university discovery platform

It plans to utilise the funds to expand services in Tier 2 and 3 cities

CollegeDekho is the parent company of auto classifieds startup CarDekho

India ranks 94th in overall Prosperity Index rankings and 104th in prosperity index in education

Around 3,500 startups in India are catering to the education space and has received close to $700 Mn in funding in 2018

About 77% of the total funding (between 2014 and 2018) has been poured into just four edtech startups

Existing investor Bertelsmann India Investments also participated in the round

The funding will be used to increase its course offerings in technical subjects

It also plans to expand its multilingual offerings

GreyCampus will be using this fund to develop their India network

It has presence across US, Middle East and Asia-Pacific region

With this investment, Talentedge plans to tap the international market

In all, this week, 20 startups raised about $1.63 Bn across sectors

Swiggy raised $1 Bn in Series H led by Naspers

BYJU's raised $540 Mn in Series F funding

Larger rival BYJU’S raised $540 Mn just a few days back

Toppr to use funds to increase visibility, branding

Valuation between $150 Mn - $200 Mn, say industry execs

This funding round has been segregated into primary and secondary capital

If successful, BYJU’S will reportedly become fourth most valuable startup

Global investor General Atlantic is participating in the round

The deal was completed for an undisclosed amount in a cash and stock deal

WifiStudy will continue to operate independently post acquisition

Unacademy said that the deal had been going on for months

Gaja Capital has made the deal for $10.17 Mn (INR 75 Cr)

It will invest via a mix of both primary and secondary stake purchase

In this round, a few of the existing investors will make a part exit from KOOH Sports

13 Startup Funding Took Place In The Indian Startup Ecosystem This Week [7-12 May 2018]