Testbook

Testbook
Company typePrivate
IndustryEdtech
Founded2014; 11 years ago (2014)
HeadquartersGurgaon, Haryana, India
Area served
Worldwide
Key people
  • Ashutosh Kumar
    (Co-founder)
  • Narendra Agrawal
    (Co-founder)
  • Manoj Munna
    (Co-founder)
  • Praveen Agrawal
    (Co-founder)
Websitetestbook.com

Testbook is an Indian educational technology company, headquartered in Mumbai, India.[1][2] Founded in January 2014 by a group of IIT Bombay and IIT Delhi alumni, Testbook prepares students for various competitive exams[3] such as GATE, State PSC, SBI PO, IBPS PO, UPSC IAS Exam, Engineering Recruitment Exams,[4] and SSC Exams.[5][6][7][8]

History

Testbook was established in January 2014 by Ashutosh Kumar, Narendra Agrawal, Manoj Munna, and Praveen Agrawal, all of whom are alumni of Indian Institutes of Technology (IITs).[9][10]

The company raised INR 1.5 crore (equivalent to under $250,000) in funding from LetsVenture and Ah! Ventures in 2014.[11] In 2017, Testbook secured series A funding from Matrix Partners. Prior to this, Testbook had also received funding from S. Chand and Utsav Somani of AngelList, among other investors.[12] In 2020, Testbook raised another INR 60 Cr ($8.3 Mn) from Iron Pillar.[9][13][14]

Testbook has partnerships with educational institutions, including the Indian Institutes of Technology (IITs), IIT Madras, IIT Ropar, and IIT Gandhinagar.[15]

Awards

  • National Startup Awards in the Education & Skill Development Sector category awarded by Union Minister Piyush Goyal in 2020.[16]
  • Best Emerging Enterprise Enabling Employment in India award in 2022.[17]

References

  1. ^ Sil, Debarghya (7 September 2020). "This Startup Helps To Crack Government Job Exams". Entrepreneur.
  2. ^ "IITians create simulation for SBI aspirants to bank on". The Indian Express. 23 April 2015.
  3. ^ "'India has a scarcity of good teachers, e-learning can solve that'". The Indian Express. 17 June 2019.
  4. ^ "Testbook raises funding from S Chand". The Indian Express. 1 March 2016.
  5. ^ "Testbook launches SuperCoaching for govt job exam preparation". Financialexpress. 17 January 2023.
  6. ^ "Tiger Global-backed edtech Classplus invests in YouTube channel offering test prep courses". Business Today. 3 February 2023.
  7. ^ RUKHAIYAR, ASHISH (15 March 2020). "Testbook: An online resource for small-town job aspirants". The Hindu. ISSN 0971-751X.
  8. ^ "Opening GATEs to public sector job aspirants: Testbook Co-founder". Financialexpress. 9 December 2019.
  9. ^ a b "Iron Pillar leads Series B funding in ed-tech startup Testbook". VCCircle.
  10. ^ Dev, Sudipta (29 September 2020). "How Testbook is helping 5 mn students to ace govt job exams". Express Computer.
  11. ^ Sainul K, Abudheen. "Test prep site Testbook raises under $250K from LetsVenture, ah! Ventures, others". VCCircle.
  12. ^ "S Chand exits investment in start-up Testbook". www.thehindubusinessline.com. 26 July 2022.
  13. ^ Naik, Amit Raja (8 January 2020). "Testbook Raises $8.3 Mn Funding To Add More State-Level Exams". Inc42 Media.
  14. ^ Mathur, Nandita (8 January 2020). "Testbook raises INR 60 crore in a Series B funding led by Iron Pillar". mint.
  15. ^ "Testbook Partners With IITs For Job Preparation Training". Businessworld. 5 March 2021.
  16. ^ Baliya, Rajkumar (17 January 2023). "National Startup Awards 2022 Winners List: All Categories". Gondwana University.
  17. ^ "India's Fast Growth SMEs Honoured At BW Emerging Businesses". Businessworld. 24 January 2022.