Indian Startup Transweb Raises $120,000 from 500 Startups for Exam-Specific Online Tutoring

TRANSWEB, an Indian startup that provides online tutoring via five websites—askIITianseMedicalPreptranstutorstranswebtutors and mycollegesabroad—has raised $120,000 from early-stage investor 500 Startups, VC Circle reports. The venture capital firm has purchased 6.5 percent of the company as part of the deal. Founded in 2006, Transweb operates a network of tutoring sites aimed at specific exams such as the Indian Institute of Technology Joint Entrance Examination, All India Pre Medical Test or the All India Institute of Medical Sciences. It plans to use the funding for marketing transtutors.com and growing its team. 

Stay up to date on edtech. Sign up to have top stories delivered weekly.

Who we are

EdSurge helps schools find, select and use the right technology to support all learners.
© 2011-2016 EdSurge Inc. All rights reserved. Every student succeeds.