This Series A funding and is the second fundraise for Gradeup, which has now raised $10 million in total. Gradeup will utilise the funds to enhance its tech and product capabilities, diversify offerings and scale the academic team.
The platform is popular among students and is being used by 15 million exam aspirants who prepare effectively for competitive examinations like JEE, NEET, IBPS, SSC, TET, GATE, UPSC amongst others. Gradeup’s flagship offering is Gradeup Classroom; providing live courses from some of India’s best faculties.
This special curated program offers comprehensive learning experience which engages students through Live classes, interactive quizzes, mock tests, 24×7 mentorship, amongst others. All of this designed & delivered by expert faculty through a structured methodology with a day-wise study plan.
Gradeup Co-founder and CEO Shobhit Bhatnagar said, “This fund will help us build the most effective edtech solution in the country. We are the only Indian online exam preparation platform that enables Live online coaching complemented with community-based learning, with ‘student success’ at the centre of our operational strategy.”
He added: “We are investing fresh funds to further build our live online coaching platform, scale our academic team to 100 Faculties and 200 Subject Matter Experts & to expand further in Tier 2,3,4 towns.”