Delhi-based EdTech startup Gradeup has raised $7 million A Series by Times Internet. The venture capital is the first and only external investor of Gradeup. The online platform helps the students to prepare for most of the undergraduate and postgraduate exams in India with very engaging services.
Founded in 2015 by Sanjeev Kumar, Shobhit Bhatnagar, and Vibhu Bhushan, Gradeup was only a platform to discuss exams in the beginning. Understanding the importance of making an all-in-one platform for competitive exams in India, the founders implemented several advancements in the startup.
Currently, over 10 million aspirants are using the platform for various exam preps. The platform is useful in four ways. The primary function is to provide an opportunity for exam prep communities. The users can interact with other students who also prepare for the same. Besides, the expert guidance via live sessions improves the students' potential.
Students also get the opportunity to learn through daily mock tests. The question papers are designed in the latest form by exam experts. Students can also compare the answers, test ranks, and so on. Gradeup keeps the users updated with the latest exam announcements, as well.
Gradeup has two Google’s Play Store applications: Gradeup: Exam Preparation App and NCERT Solutions, CBSE & State Board 6th-12th Class. If the former one covers the overall exam preps and solutions, the latter is exclusively for school students of 6th to 12th standards.
SSC, Banking, Railways, Teaching, JEE, GATE, NEET, UPSC, Defense, and State level exams are the major exams the platform focuses on. The fee of coaching depends on the duration and complexity of the exam. However, the price mostly ranges between Rs 5,000 ($70) and Rs 35,000 ($500).
Over 30 million people enroll for the competitive exams in India. The growing EdTech startups helped many students to crack the exams with the practical method of learning at an affordable fee. The sector is booming, along with the performance of students appearing exams. Aiming more students, Gradeup is planning to strengthen the services and extend the platform all over India.
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