Toppersnotes raises $1M in seed funding
Toppersnotes raised $1 million in seed funding led by Inflection Point Ventures. The round also saw participation from LetsVenture, PlanB Capital, Pulkit Agrawal (Trell), Ashish Sharma, (Innoven capital), and others.
The company plans to use the capital to develop its product offerings further and acquire talent.
Toppersnotes founder Ayush Agrawal stated, “With personalised learning, guidance, and performance analytics features, we will disrupt the test prep space, where students, even today, rely heavily on textbooks, distant coaching, and local tutors. We intend to leverage technology and content to reduce the service layer present in the education industry thus democratising education and making it affordable for everyone.”
Founded in 2015 by Ayush Agarwal, Devendra Dhaka, and Arpit Bansal, the startup provides its users with compiled notes sourced from toppers.
Commenting on the investment, Inflection Point Ventures co-founder Mitesh Shah said, “Prepping for competitive tests is one of the most important journeys in a student’s life cycle as they decide the direction of one’s career. While metros offer many options to students, it is the smaller cities where we have seen the gap in the quality of mentoring and preparation of exams. Students run pillar to post and use peer group support. Toppernotes is solving this problem for the Bharat audience, which is a far bigger market than the metros and immensely underserved.”