Funds to be used for accelerating growth.
Online PR News – 19-May-2016 – Pune/Maharashtra – Pune based Talentick EduSolutions Pvt Limited, which owns http://www.BuyTestSeries.com, has secured an undisclosed amount of seed investment from BSE Listed eClerx Services Limited and AntHill Ventures. BuyTestSeries.com is an e-commerce marketplace for online test series and courses and is co-founded by Gaurav Golwalkar, Shirish Bhatt and Himanshu Jain with an aim of becoming the leading aggregator for eLearning products and technology partner for coaching classes across India.
eClerx was the lead investor in this round and will be funding BuyTestSeries through its dedicated pool kept aside for Start Up funding across various verticals. This is in line with its endeavor to encourage its core value of entrepreneurship.
“BuyTestSeries was picked out of 28 employee business plans under an initiative to promote one of our core values of entrepreneurship. It not only attempts to improve skills of students to enhance their career prospects but also provides a platform to connect coaches to knowledge seekers. At eClerx, we live everything digital for clients, like building knowledge of employees and love contributing to educational needs of society - We see reflection of these in BuyTestSeries. We hope to be able to support many more entrepreneurs from within eclerx” says Rohitash Gupta, CFO at eClerx Services Limited.
Prasad Vanga, an Investor with Hyderabad Angels and founder of Anthill Ventures would be taking on the role of an Advisor at BuyTestSeries. “We are excited to back BuyTestSeries. The online education market in India is growing and needs better curated content and aggregators so that students can make informed decisions. We feel the team at BuyTestSeries will have many happy customers”, says Prasad Vanga, Anthill Ventures.
Started in Pune, BuyTestSeries currently has a team of 8 core team members and is aggressively increasing its footprint across India. “We are looking to pick up talent across India to fill in the open positions in the firm as soon as possible. We are currently hiring members at various levels from interns to CXO positions” says Himanshu Jain, COO of BuyTestSeries.com.
“This space has a lot of potential with an estimated market size of over $80 billion in India itself. We are very well positioned in this space to help coaching classes & eLearning providers who are eager to use technology as an enabler” adds Gaurav Golwalkar, CEO of BuyTestSeries.com.
Shirish Bhatt, Gaurav Golwalkar and Himanshu Jain, who were classmates during graduation shared a common passion for streamlining the eLearning industry. They founded BuyTestSeries.com 18 months ago leaving plush jobs and 7 figure salaries. The platform already is one of the largest aggregators for eLearning products offering more than 2000 online products from almost all renowned brands. It has also collaborated with more than 1000 coaching classes and test providers across India to become their technology partner. Given the high demand for competitive exam preparations and recruitment exam preparation the company is clocking impressive growth on all key parameters.