India: Iron Pillar invests about $8.3m in edtech startup Testbook

Photo: Pixabay

Mumbai-based online edtech startup Testbook has raised about $8.3 million (Rs 60 crore) in a Series B round of funding from venture capital firm Iron Pillar.

Existing investors Matrix Partners India, Better Capital, AngelList and president of Reliance Jio, Vikas Choudhury, also participated in the financing. The latest round takes total equity funding raised by Testbook to a little over $12 million to date, per media reports.

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