Online test preparation platform Toprankers has raised $4 million in a fresh funding round led by Sixth Sense Ventures.
The startup will use the funds to introduce new categories in the test prep segment such as study abroad programmes, tutoring courses, career counselling programs, and finance and commerce test preps.
The startup is also looking at hiring around 160 teaching and non-teaching staff in the next 12 months, it said in a press release.
Founded in 2016 by Gaurav Goel, Karan Mehta, and Harsh Gagrani, Toprankers offer courses in the test prep segment focusing on law, judiciary services and state exams, management test prep exams like Central Universities Common Entrance Test (CUET), and design, fashion, and architecture entrance tests such as the National Aptitude Test in Architecture (NATA).
It offers these courses under different brands such as LegalEdge, JudiciaryGold, SuperGrads and CreativeEdge.
Edtech platforms including PhysicsWallah, Cuemath, Vedantu, Unacademy and Byju’s are also in the process of either expanding or building an offline presence.