Test prep platform InstaPreps attracts seed round

Mumbai-based 7Classes, a diagnosis-based Artificial Intelligence (AI) edtech platform, has raised a seed round of funding from heads of global universities, CXOs and top executives at the Ministry of Skill Development and Entrepreneurship. The startup plans to use the funds to expand its app InstaPreps, ramp up marketing activities, enhance technology and add new features to offerings. Investors in the round include Sanjay Nawlakha, chairperson of Department of Finance, University of Massachusetts; Soumitra Dutta, founder of Global Innovation Index and Dean at University of Oxford; Manish Bharti, CRO at CoreStack, and Venkatesh Sarvasiddhi, head partnerships and CSR, NSDC, Ministry of Skill Development and Entrepreneurship. The startup prepares students for competitive exams such as GMAT, GRE, SSC, UPSC, CAT and also offers upskilling programs.