Mumbai-based Haygot Education Pvt Ltd, which runs ed-tech startup Toppr, has raised an external round of funding of Rs 2.16 crore ($3.2 million) in a bridge round of funding, documents with the Registrar of Companies (RoC) show. The filing was done in September last year.
Toppr received the investment from Mauritius-based WGG International Ltd, who put in Rs 1.995 crore, and an individual named Nitin Gupta, who invested Rs 16.6 lakh in the ed-tech firm.
Text messages and email queries sent to Toppr’s co-founder Zishaan Hayath seeking comments did not elicit a response at the time of filing this report.
Toppr, which competes with the likes of Bangalore-based Byju’s, was founded in 2013 by Hayath, whose prior stints include Opera Solutions and ITC Ltd, and Hemanth Goteti, who was previously head of engineering at Futurebazaar.com and worked with Qlip Media, Synechron and Ubiquity Inc.
Before setting up Toppr, Hayath—who has backed firms such as Housing.com and Ola in his capacity as an angel investor—had also co-founded a phone commerce startup Chaupaati Bazaar which was acquired by Future Group in September 2010. He…