UAE-based Foundation Holdings to invest $42m in India’s edtech firm Toppr

UAE-based Foundation Holdings to invest $42m in India’s edtech firm Toppr

UAE-based investment firm Foundation Holdings is to invest $42m in Indian-based edtech platform Toppr Technologies. The investment comes as Covid-19 disrupts traditional classroom learning in favour of digital offerings.

The investment will help enhance the AI-based Toppr School Operating System which integrates in-school and after-school learning.

Founded in 2013, Toppr provides a K-12 syllabus with thousands of course combinations. The company says its AI edtech platform currently boasts more than 10.3 million learners and enables the students to prepare for various school, board, and competitive exams