Toppr secures $46m to scaleup online learning platform

 Toppr secures $46m to scaleup online learning platform

Toppr’s Learning app has amassed over 13 million users, more than 150,000 of whom are paying subscribers, he said. In recent months, the startup has also worked on a new product called School OS, which enables a school to digitize their learning experience. Through School OS, a teacher can assign and collect homework digitally, and students can attend live classes.

Toppr, one of the largest online learning startups in India, has secured $46 million in a new financing round as it looks to scale its platform, including a new product. Dubai-headquartered investment firm Foundation Holdings led the Mumbaibased seven-year-old startup’s Series D round. Kaizen Private Equity, an existing investor, also participated in the new round, which brings Toppr’s to-date raise to over $92 million.

Toppr operates four products and services that are aimed at K-12 students. The Learning app, Toppr’s marquee service, offers students live classes and sessions to clear doubts, pre-recorded lessons and tests.

Toppr has amassed 13 million users, more than 150,000 of whom are paying subscribers.

Zishaan Hayath, CEO

Toppr’s catalog covers 17 subjects and prepares students for five dozen competitive exams, explained Toppr founder and chief executive Zishaan Hayath in an interview with TechCrunch. A portion of Toppr’s library is available to students at no charge on the Learning app, but full access requires a membership. The subscription starts at 1,000 Indian rupee ($13.35) and goes as high as 3,000 Indian rupee ($40). The startup launched Codr, a product aimed at helping all school-age children learn computer programming, last month. A Codr session costs about $9.35. Toppr also maintains a free problem solving app that enables a student to take a picture of a question and get its solution instantly, explained Hayath. In background, the app uses character recognition and machine learning to sift through a large bank of problems Toppr has amassed over the years to determine solutions.

 

Toppr: Better learning for better results

Toppr’s Learning app has amassed over 13 million users, more than 150,000 of whom are paying subscribers, he said. In recent months, the startup has also worked on a new product called School OS, which enables a school to digitize their learning experience. Through School OS, a teacher can assign and collect homework digitally, and students can attend live classes.

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