Online test preparation platform Toppr has acquired EasyPrep - an online platform to help students prepare for entrance exams. This acquisition is aimed at democratizing education by making it more accessible and affordable for all. The amount involved in acquisition was not ascertained by YourStory
This acquisition aligns with Toppr's vision of democratizing education by making it more accessible and affordable for all. Entrance exam preparation market for K12 students is valued at $8 Billion and growing 20% every year.
Over past few years Toppr has grown to a team of over 100 members and serving over 1,50,000+ students across India. Close to 40% students are using Toppr from tier II / III cities which lags behind in quality of education and teaching.
Founded by IIT alumni Vivek Sharma and Ankit Saraswat EasyPrep is a customized exam creation platform for schools, coaching institutes and teachers and an exam preparation platform for students.
EasyPrep provides an online/ offline platform for schools, coaching institutes and teachers to create exam papers for the their classroom teaching, for students assessment and for helping students prepare for competitive examinations.
Easyprep is a complete package for students to supplement their exam preparation. Founded by Zishaan Hayath and Hemanth Goteti, Toppr focuses on IIT-JEE and Pre medical. The company has raised INR 12 crores from SAIF Partners and Helion Ventures and has promising early traction. (read their story)
"Ankit & Vivek have built a great team and they have deep understanding of the K-12 segment. Toppr.com's main focus has always been towards building great products and having EasyPrep team onboard gives us more ammunition to execute our plans faster. In April, more than 3 million questions would be practiced on our platform and we believe we are just getting started. There is a long and exciting journey ahead and it's a great time to be part of Toppr.com" says Zishaan Hayath, Co-Founder & CEO of Toppr.com
Since it was founded in 2013, Toppr.com has revolutionized the online test preparation space with more than one lakh students across the country using their platform. Toppr provides students with insights into their strong and weak areas through which they can effectively decide where to invest their time in practicing for the entrance examination.
"We are really glad to be part of Toppr.com and we look forward to working with their team to roll out what we think is an elaborate vision to revolutionize education in India. We felt that Toppr.com was heading in exactly the right direction which we would have liked to achieve and joining forces with them enhances our capacity to serve more students" adds Ankit Saraswat, Co-Founder of EasyPrep.
The SAIF Partners funded company competes with Embibe which helps students for JEE/BITSAT (engineering), AIPMT/CET/AIIMS (medical) and Vishal Gondal backed Examify which helps IIT-JEE aspirants to study in a smarter way.