TopRankers Raises a fund of INR 4. 5 Crore from Careernet Consulting and Ideation Initiative Pvt. Lt

BANGALORE, India - Sept. 14, 2016 - PRLog -- Top Rankers Raises a fund of INR 4. 5 Crore from Careernet Consulting and Ideation Initiative Pvt. Ltd.

Toprankers.com, an initiative with an endowment of excellent team effort has managed to catch a huge attention. By raising a fund of INR 4.5 crores from Careernet Consulting and Ideation Initiative Pvt. Ltd., the edtech startup has created a benchmark for its competitors. It has proved itself as a "tiny giant" in the digital education space within a short span of time. The funding will be employed to upgrade its services with the help of innovative technology and expand its presence throughout the country.

Top Rankers is a Bengaluru based start- up which aims in assisting thousands of aspirants preparing for competitive examinations. It provides comprehensive study materials designed by the industry best authors and expert guidance to help students ace the competitive examinations. These tests provide a detailed analysis of weak areas and help the students to improve in these areas. Having founded in 2014, it has its fully functional offices in Delhi and Bhopal and is planning to expand its offices as well as services in more and more cities. The Founder and CEO of the company is Mr. Gaurav Goel and the co- founders are Mr. Himanshu Joshi, Mr. Mehbub Hussain, Mr. Malay Sarkar and Mr. Harish Goswami.

Prior to official launch of the website in the month of April 2016, it went through large scale development for a period of 18 months. Today, it has almost 50,000 and more registered users and is one among the "most searched" websites for Bank PO preparation, SSC Preparation and other competitive examinations. Moreover, the All India level mock tests conducted by Top Rankers proves to be a "major step" towards making students gear up for the examinations with an 'All India Rank' to analyse their preparation level.

On this mega accomplishment, Mr Gaurav Goel, Founder and CEO, Top Rankers said "At Top Rankers, our vision is to transform the Indian Competitive Exam preparation space with judicious utilization of Information and Communications Technology (ICT), and with such strong financial backup, we are confident of elevating the learning curve of the students. Since the ICT system has already begun to transform digital education in India, we aim to provide quality education services to students from all walks of life through our comprehensive platform."

Mr. Rishi Das, CEO Careernet said "The competitive education segment in India is estimated to be worth USD 6 Billion and with more exam being held online, its exponential growth is certain in future. As an up-and-coming venture in this space, Top Rankers certainly plays a vital role in transforming the way students prepare for such exams, and also introduce new & innovative technology in this space, which can completely revolutionize the learning process. Therefore, we felt it was the right decision to invest in this promising enterprise, and hope that this company reaches its full potential. We hope that it will transform the overall perception of students by introducing them to a highly productive platform that acts as their personal tutor."

Mr. Mohit Gupta, MD, Ideation Initiative said, "With the growing ICT, we see rising number of competitive exams in almost every field going online. It has been estimated that around 1.8 crores students takes these exams every year. With the international online learning market expected to reach $107 Billion by the end of this financial year, there are numerous players that have already started filling in the gaps. Under such high market receptivity, we felt it was just the precise moment to invest in such ventures, and Top Rankers, being a potential venture became an apparent choice."

Services offered by Top Rankers:

·         Comprehensive study materials for preparation of competitive examinations like Bank PO, SSC       and RRB etc.

·         Mock tests designed as per the latest syllabus and pattern

·         Expert guidance and feedback for enhanced performance

·         It offers a SaaS product named "TopRankers Edge", a software which helps educational institutions to represent their content and module online

Future targets:

·         It is planning to engross more than 150 clients on its SaaS product "TopRankers Edge".

·         It has 35 and more prominent names from 10 cities as its B2B clients and is planning to acquire more clients by expanding its services in 50 more cities.

·         The company is planning to get another 5 lakh or more students within a time period of 12- 18 months.

Top Rankers has enormous and remarkable growth being a new comer in the competitive examination market and its vision of growing exponentially will make it pitch in and do wonders.

For More Details Visit: www.toprankers.com

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