ah! Ventures announces its Angel Investment with Letsventure in Test Preparation Startup Testbook

Posted on October 29, 2014 by ah! Ventures

ah! Angels, India’s Largest Angel Investment Club has announced its angel investment with Letsventure in TESTBOOK. The company has announced a fund raise of INR 1.5 crores through LetsVentures and Ah! ventures along with few angel investors from outside.

Testbook Logo

A startup founded by six IITians in 2012 – Testbook provides a variety of mock tests to give student’s preparation a final shape for most of the competitive exams being conducted Online in India like GATE, CAT, SBI PO, SBI CLERK, IBPS PO, etc. “The main reason behind Testbook investment was the tech capability of the team. The startup also plans to introduce “paid” papers which will generate reasonable revenue in future,” said Abhijeet Kumar, an IIT-Bombay alumnus and co-founder of ah! Ventures, an offline deal making platform that invested 25 lakhs in the company. Mumbai-based ah! Ventures has in the past invested in education focused startups such as Harness Touch and Ufaber besides crowdfunding platforms Ketto and Catapooolt.

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