Exprto, India's largest experience-sharing and mentorship network for students, has raised Rs 5 crores in a seed round led by GSF and Angel List USA; it also had Agility Ventures, Lets Venture, and Supermorpheus participating in it. Agility Ventures is a start-up investing platform that shares a passion for nurturing and investing in early-stage businesses and technology that are transforming the supply chain. The funding round also saw unicorn founders and angel investors participating in it, which included Rishabh Karwa (Go Mechanic), Rahul Jaimini (Swiggy), Sanka Aravind (Rapido), Rajesh Yabaji(Blackbuck), Vikas Bagaria(Pee Safe), Rahul Maroli(Zee5), Nitish MitterSain (Nazara Technologies), Dinesh Gulati (India Mart), Deep Gupta, Sahil Mahaldar and Archana Priyadarshini among others.
Rajan Chaudhary, co-founder of Exprto, feels that the company’s business model fills the gap of mentorship issues in the student community. He explained, “The Indian edtech market is primarily focused on opportunities for better teaching methodology and academic content. Despite the real advantages that such platforms have brought to students, they still struggle to achieve their exam-related objectives. These include strategies for preparation, revision, and guidance that they mostly get from senior students or from online platforms like Quora/YouTube. There is no structured approach to address the mentorship issue, but there is a clear evidence of a large market gap and the stakes are very real.”
While giving reasons for funding Exprto, Rajesh Sawhney, Founder and CEO of GSF, said, “GSF is delighted to back Exprto, a fast-growing mentoring platform. Its unique business model of ‘MaaS - mentoring as a service’ is well-suited to meet the requirements of millions of aspirational students. Besides, Exprto’s founders, Varun and Rajan, are exceptional leaders and have a deep commitment committed to building a sustainable and innovative edtech platform.”