TOPPR CASE STUDY

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

Founder and CEO: Zishaan Hayath

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

TOPPR BUSINESS MODEL

Toppr is a Mumbai Based Edutech startup that offers live classes and study materials for students.

STORY BEHIND THE IDEA TOPPR

In Apirl 2008, Zishaan co-founded a phone-commerce marketplace, ‘Chaupaati Bazzaar’, which eventually got acquired by Futurebazzar.com, the digital commerce arm of Future Group, in 2010, which is a shopping platform for shopping home, electronics, and kids products, among others. it was during this idea of Toppr.com that came to him when he realized that students in India were spending enormous amounts of money on coaching classes.

“I realized the need for a live doubt-clearing platform for students, available to them 24×7. We know that students learn best when they study at a time of their choice. This is often either late in the night or early in the morning. At this time, students don’t have anyone they can turn to for solving their doubts. We also realized that most students are hesitant to ask doubts in class for fear of being judged,” explains Zishaan.

 Identifying this need gap, he, along with his friend from IIT Bombay, Hemanth Goteti, came up with the idea for Toppr Doubts. They envisioned it as a live app where students could get their doubts addressed even at 2 in the morning, instantly and by experts.

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

TOPPR FUNDING

Toppr Total Funding: $112.1M

Jul 2020, $50M in Series D led by Foundation Holdings and Kaizenvest.

Jun 2020, $2M in Series C.

Feb 2019, $6.2M in Debt Round.

Dec 2018, $35M in Series C.

May 2018, $2.3M in Dept.

Oct 2017, $7M in Series B.

May 2017, $336K in Dept round.

Oct 2015, $2M in Dept round.

May 2015, $10M in Series B.

May 2014, $2M in Seed Round.

 

 

 

INVESTORS

Foundation Holdings, Kaizenvest, Saif Partners, Fidelity Growth Partners, Innoven Capital

COMPETITORS

Byju’s, Unacademy, Vedantu, Meritnation, Extramarks, khan Academy, Kaysons, Fiitjee, Embibe, Testbook 

Estimated Annual Revenue

$25M

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

DISCOVER

FOUNDED: 2013

CEO: Zishaan Hayath

HEADQUARTERS: Mumbai, Maharashtra

ESTIMATED ANNUAL REVENUE: $25M

Industry Sector: E-Learning

ESTIMATED EMPLOYEES: 500+

FACEBOOK FOLLOWERS: 1,363,949

TWITTER FOLLOWERS: 1,832

HAPPY STUDENTS: 13,216,954+

QUESTIONS ATTEMPTED: 731,256,908+

TEST TAKEN: 27,506,988+

DOUBTS ANSWERED: 10,784,337+

 

EXAMS

JEE MAIN, JEE ADVANCED, UPSEE, BITSAT, TS EAMCET, WBJEE, VITEEE, MHT-CET, SAT, IJSO, NDA, NEET, AIIMS, AP EAMCET, COMEDK, JIPMER, BCECE,KCET, KEAM, IMO, IEO, HBBVS, CA FOUNDATION, CS FOUNDATION, CMA FOUNDATION, CLAT, AILET, ICO, ICSO, NTSE, NSO, NSTSE, KVPY.

Thanks for reading

TOPPR CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE MODEL, INVESTORS, COMPETITOR

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