- Pariksha was founded in 2015
- Funds will be utilized for expansion across the country
Pariksha, an online vernacular competitive examination preparatory platform, has raised an undisclosed amount of investment in an extension of its Pre-Series A round of funding from a clutch of angel investors. The company was founded by Karanvir Singh, Utkarsh Bagri, Vikram Shekhawat, and Deepak Choudhary in 2015.
This round was led by INSEAD Angels, IIT Kanpur Angels, Nikhil Vora – CEO and Swati Mehra – Partner at Sixth Sense Ventures, Saahil Bhatia – Director at Temasek Holdings India Pvt Ltd, Sitanshu Shah – Principal Bain & Company, Gurinder Ratra, Gautam Khanna – CEO of Hinduja Hospitals, Ameya Chandavarkar – Director FDC, Akshat Birla – CEO Finovate Capital, Sheetal Birla – Director at Falkonry, Deepa Bhatia – General Manager of YouGov, and existing investor Venture Catalysts (VCats).
The company will utilize these funds to strengthen its product offerings and expand its reach across the country.
In a media statement Karanvir Singh, Founder of Pariksha, said,
“This investment will help us in strengthening our product offerings and expanding our reach across the country.”
Pariksha for students is analytics driven, gamification modelled, adaptive testing and mastery learning based online exam preparation practice and assessment platform.