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Prep-portal for govt jobs Oliveboard raises Rs.23-Cr from IAN Fund, Education Catalyst Fund, others

Inc42  

Bengaluru-based edtech startup Oliveboard has raised INR 23 crore in a pre-Series A round led by IAN Fund along with participation from Education Catalyst Fund (ECF) and Yukti Securities. The funds will be used to expand the number of national-level courses and exams that the startup offers along with addition of state-level categories. The startup also plans to invest in technology for interactive data-driven products. Founded in 2015 by Abhishek Patil and V Satish Kumar, Oliveboard offers online practice and preparation course materials for government competitive and banking exams. To date, the startup supports over 50 government exams and aims to add more than 100 national and state-level exams courses. It claims to have over 8 million users in over 2,500 cities and towns across the country.