Edtech startup Toppr has raised $35 million in Series C funding round led by Eight Road Ventures, Helion Ventures, Kaizen PE and SAIF Partners. The startup has now raised a cumulative $85 million and is using these funds to fuel their adaptive platform that has over 6 million registered students.
Toppr is utilising artificial intelligence based machine learning algorithms on top of this strong infrastructure, to personalise learning paths for every student. “This capital will be used to create brand awareness, accelerate user acquisition, increase our geographical footprint and invest in training and development,” said Zishaan Hayath, CEO and founder, Toppr.
Kaizen PE, has joined hands with Toppr’s existing investors. “A robust pedagogical approach that keeps students engaged and delivers outcomes, thoughtful use of artificial intelligence, and a strong management team are aspects that convinced us about the company’s ability to continue making a significantly positive difference to the way children learn,” said Sandeep Aneja, Managing Partner, Kaizen PE.
The company is pursuing aggressive expansion plans to reach out to students across the country and to increase its geographical presence. Toppr projects its revenue to be over $500 million in the next three years.
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