Company Name : Fastudent
Funding Amount :
Investor(s) Mr. Ashish Gupta
Funding Round : Seed round
Fastudent announced that it has raised a round of seed investment from a group of marquee angel investors led by Mr. Ashish Gupta, Founder and Trustee at Ashoka University.
Fastudent is a niche platform founded by IIT-IIM alumunus, Gaurav Barman and Geetanjali Khanna; it services the students’community all the way from Play Group to Post Graduation. It aspires to bring the highest quality international education products to every student in India.
The new round of funding will be leveraged for team expansion, strengthening the technology and increasing the geographical footprint, said the company in a statement.
Currently Fastudent offers more than 20,000 SKUs across 8 categories–Books & Stationery, Academic Accessories, Uniforms, Games, Sports, Digital products & customized merchandise.
They intend to extend their categories to niche and focused 32 categories, in the coming months.
“Fastudent is trying to solve a very fundamental problem of education which is the accessibility of academic needs. I am excited and happy about the fact that Fastudent is envisioning to make education reach the underprivileged sector where the core need of the education lies. The complementary skill-sets this dynamic duo brings on-board are unique and absolutely required for this business. In the last few months, the team has experimented on the minutest of details and the understanding of the business they now have, is unprecedented. They are working to enhance and bind the highly fragmented Indian education sector,” said, Ashish Gupta.