Oliveboard, an edtech platform in the government exam preparation space, has raised a pre-series A funding of Rs 23 crore led by IAN Fund, the company said in a statement.
The round also saw participation from Education Catalyst Fund and Yukti Securities.
The platform claims to have over eight million users spanning across 2,500 plus cities and towns in India.
The funding will enable Oliveboard to expand its number of national-level courses and to add state-level categories. It will also use the proceeds for interactive data-driven products which will lead to customised learning at a more granular level for individuals.
Founded by Abhishek Patil and V Satish Kumar, the platform aims to bridge the gap in accessibility to coaching and test preparation for government and quasi-government jobs in Tier II and III cities.
