Toppr raises ₹45 crore

The Hindu Business Line - - EMERGING ENTREPRENEURS -

Toppr, a mo­bile app for personalised learn­ing for school stu­dents, has raised ₹45 crore in its sec­ond round of Se­ries B fund­ing, led by ex­ist­ing in­vestors SAIF Part­ners, He­lion Ven­tures and FIL Cap­i­tal Man­age­ment. The com­pany had cu­mu­la­tively raised $12 mil­lion in May 2014 and May 2015 in seed and Se­ries B fund­ing rounds to grow the plat­form. It will use the fresh round of funds to in­crease its ge­o­graph­i­cal foot­print and speed up user ac­qui­si­tion. The com­pany ex­pects the cap­i­tal to take it to full prof­itabil­ity.

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