Toppr aims to raise up to $50 million in a Series D round, from existing and new investors for scaling up operations and launching a learning platform for schools and Toppr Code.
Toppr is an after-school learning app on a mission to make learning personalised. They help students to prepare for various school, board, and competitive exams. Using artificial intelligence, machine learning, and big data, they study student behaviour and create adaptive learning paths with infinite combinations. It is backed by Saif Partners and Helion Ventures.
It is going to join bigger ed-tech start-ups that have successfully raised capital despite the COVID crisis as Byju’s has already raised about $100 million from US technology investor Bond in May, while Unacademy raised about $110 million from Facebook and General Atlantic in February. Toppr had already raised $ 60 million in Series C round, in December 2018, with Kaizen PE and its existing investors Helion Ventures, Eight Roads Ventures and SAIF Partner
Zishaan Hayath, Founder and CEO Toppr, in an interview, said existing investors are going to contribute about 10-30 per cent of the funding while the rest is going to come from new investors and the round will close before the end of September quarter. The funding will help Toppr to expand its entry into coding by launching Toppr Code as there is a potential market for students who want to learn coding from scratch.

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