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March 17, 2013

Deal Alert: Indian Angel Network invests in RankJunction

The Indian Angel Network (IAN) has invested in Nagpur-based RankJunction, a ranking platform for competitive exams. IAN members Jay Chopde and Ravi Kiran led this round of investment and will join the RankJunction board.

Sameer and Rashmi Gautam founded RankJunction in 2011 to create an innovative platform to take a ‘live’ test which is a pre-scheduled online examination taken by thousands of users together. The investment raised will be primarily used for strengthening product development, scaling up the business by launch of more paid tests and creating alternate distribution channels and additional new courses for the students.

Source: Press Release

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