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We Founder Circle-operated EvolveX leads pre-seed round in SaaS platform TestnTrack

VCCircle · 1y

SaaS platform TestnTrack has raised an undisclosed amount in a pre-seed funding round led by EvolveX, a startup accelerator program. TestnTrack, based in Jaipur, plans to use the funding to enhance its technology stack and expand its presence in 25 cities across India. The platform leverages AI to automate hand-written assessments and offers personalized insights to teachers, students, and parents. TestnTrack aims to generate revenue of Rs 1.8 crore in FY24. EvolveX invests Rs 25 lakh for a 5% stake in selected companies.