# Toppr funding: rounds and investors

> Toppr has raised $81M across 6 rounds since 2013. Investors include Saif Partners, Helion Venture Partners and InnoVen Capital. Every round with its source.

Source: https://millionrounds.com/company/toppr (Millionrounds; every figure on the page links to its filing or article)

India · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Toppr*

6 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Funding summary Updated 26 Oct 2026

**$81M** raised across 6 rounds since 2013, from 6 sources

**$200K** Seed **$2.0M** Seed **$10M** Series A **$2.0M** Debt **$20M** Series C **$47M** Series D

- **Latest round:** Series D, $47M Jul 2020
- **Step-up i:** 2.3×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017 2018 2019 2020

**$200K** Seed

**$2.0M** Seed

**$10M** Series A

**$2.0M** Debt

**$20M** Series C

**$47M** Series D

- **First round:** Seed, $200K
- **Biggest round:** $47M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jul 2020** Series D **$47M** *3 new* *1 returning* [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) [Alteria Capital](https://millionrounds.com/fund/alteria-capital) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Source recorded
- **Dec 2018** Series C **$20M** *4 new* *1 returning* [Saif Partners](https://millionrounds.com/fund/saif-partners) [AXIS](https://millionrounds.com/fund/axis) [Eight](https://millionrounds.com/fund/eight) [Kaizen Management](https://millionrounds.com/fund/kaizen-management) Helion Reported by VCCircle
- **Oct 2015** Debt **$2.0M** *1 new* [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) From a historical funding record
- **May 2015** Series A **$10M** *1 new* *2 returning* [Saif Partners](https://millionrounds.com/fund/saif-partners) [Helion Venture Partners](https://millionrounds.com/fund/helion-ventures) [Fidelity Growth Partners India](https://millionrounds.com/fund/fidelity-growth-partners-india) From a historical funding record
- **May 2014** Seed **$2.0M** *2 new* [Saif Partners](https://millionrounds.com/fund/saif-partners) [Helion Venture Partners](https://millionrounds.com/fund/helion-ventures) From a historical funding record
- **May 2013** Seed **$200K** *1 new* [Powai Lake Ventures](https://millionrounds.com/fund/powai-lake-ventures) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2014 **Series A** 2015 **Debt** 2015 **Series C** 2018 **Series D** 2020 [Saif Partners](https://millionrounds.com/fund/saif-partners) [Helion Venture Partners](https://millionrounds.com/fund/helion-ventures) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) [Alteria Capital](https://millionrounds.com/fund/alteria-capital) [Fidelity Growth Partners India](https://millionrounds.com/fund/fidelity-growth-partners-india) [Powai Lake Ventures](https://millionrounds.com/fund/powai-lake-ventures) [AXIS](https://millionrounds.com/fund/axis) [Eight](https://millionrounds.com/fund/eight)

## Everyone who backed them

[Saif Partners](https://millionrounds.com/fund/saif-partners) Private equity **3** rounds

[Helion Venture Partners](https://millionrounds.com/fund/helion-ventures) VC firm **2** rounds

[InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Venture debt **2** rounds

[Eight Roads Ventures](https://millionrounds.com/fund/eight-roads) VC firm **1** round

[Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) VC firm **1** round

[Alteria Capital](https://millionrounds.com/fund/alteria-capital) Venture debt **1** round

[Fidelity Growth Partners India](https://millionrounds.com/fund/fidelity-growth-partners-india) Investment firm **1** round

[Powai Lake Ventures](https://millionrounds.com/fund/powai-lake-ventures) VC firm **1** round

[AXIS](https://millionrounds.com/fund/axis) Government **1** round

[Eight](https://millionrounds.com/fund/eight) Company **1** round

[Kaizen Management](https://millionrounds.com/fund/kaizen-management) VC firm **1** round

Helion no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=toppr).

## Also claim to have backed them

This firm lists Toppr as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Axis Capital Partners](https://millionrounds.com/fund/axis-capital-partners) VC firm Per its own site

## Quick answers about Toppr

### Who invested in Toppr?

Toppr's investors include Saif Partners, Helion Venture Partners, InnoVen Capital, Eight Roads Ventures and Elevation Capital, and 7 more on record.

### How much has Toppr raised?

Toppr has raised $81M across 6 rounds since 2013.

### When did Toppr last raise?

Toppr's most recent round was a Series D of $47M in Jul 2020.

### What was Toppr's biggest round?

Its most recent round, $47M in Jul 2020, is also its largest on record.

### Who backed Toppr first?

Toppr's first round on record, in May 2013, was backed by Powai Lake Ventures.

### What stage is Toppr at?

Toppr's latest named round is a Series D, in Jul 2020.

### Where is Toppr based?

Toppr is based in India.

## Companies like Toppr

In the same sector, and raised in the last eighteen months.

[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**byteXL** $15M · Oct 2026](https://millionrounds.com/company/bytexl)[**Emversity** $30M · Jan 2026](https://millionrounds.com/company/emversity)[**Vedantu** $75M · Sept 2025](https://millionrounds.com/company/vedantu)[**PlayShifu** $9.8M · Jul 2025](https://millionrounds.com/company/playshifu)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)

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