NEW DELHI: Toppr, India’s main after-school AI primarily based studying app for Ok12 college students has raised Rs 350 crore in Series D funding led by Foundation Holdings. Other long-time companions together with Kaizen Private Equity have additionally participated on this newest funding spherical. Toppr has now raised a cumulative Rs 700 Cr and can use these funds to gasoline its adaptive AI studying platform with over 1.three crore registered college students and to launch new platforms for coding and colleges. This funding will additional assist to develop the AI primarily based Toppr School Operating System (OS) – a ground-breaking platform for colleges to run digitally unifying in-school and after-school studying to create a standardized and customized expertise.
Zishaan Hayath, founder and CEO, Toppr stated, “Toppr has been at the forefront of delivering adaptive learning to our students – and now also to the teachers – to ultimately enable a positive future for schools. We are committed to our mission to make learning personalised. The additional funding is a tremendous vote of confidence for this mission. With this investment, we now have the capability and reach to truly revolutionize the K-12 education experience and ensure that no learner is left behind. We are also excited about the launch of the School OS and believe this will be a ground-breaking initiative empowering teachers and schools across the industry.”
Aakash Sachdev, MD of Foundation Holdings, said “We are thrilled to companion with Toppr. Our ambition is to implement an trade main mannequin for AI-enabled, blended training supply by empowering academic establishments and academics to create a platform of change and impression. Toppr’s market main, proprietary machine studying know-how is uniquely positioned to supply an built-in, curated, customized pedagogy platform, mapped to 22 curriculums, designed to take colleges to the longer term.”
Aakash Sachdev will be part of the board of Toppr.