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India’s most preferred digital counselling and preparation platform for careers beyond engineering and medicine, Toprankers, has acquired ProBano, a New Delhi-based career platform, in a cash-and stock-deal, marking its entry into the career discovery and guidance category.
Founded in 2016 by Aditya Bose, ProBano is committed to providing the best career guidance to the youth of India through its innovative and technology-backed process. It helps students make well-informed career choices and build up the necessary skills. The startup claims to have counselled more than 30,000 students across 24 states.
With this acquisition, Toprankers aims to leverage ProBano’s expertise in offering career guidance services to high school students aged between 13 and 18. The platform aims to facilitate students to make informed career choices and develop the necessary skills to achieve their career goals, an official statement said.
Speaking about the acquisition, Co-founder & CEO of Toprankers, Gaurav Goel, said:
Toprankers is committed to supporting the 90% segment of the Indian K-12 market, which doesn’t opt for engineering or medical science entrance exams. We have a legacy of enabling students to make informed career choices for a bright future. Leveraging ProBano’s expertise in career guidance & counselling, we will help the next ten lakhs to 1 crore high school students explore different career options, discover their passion, and pursue it.
Co-founded in 2016 by serial entrepreneurs Gaurav Goel, Karan Mehta, and Harsh Gagrani, Toprankers focuses on the Indian K-12 market beyond engineering and medicine entrance exams. It offers learning approaches and support to students preparing for management, CUET (Common Universities Entrance Test), law, judiciary, and design and architecture entrances.
Founder & CEO of ProBano, Aditya Bose, added:
ProBano’s mission has always been to help students across India make informed career choices and build the skills needed to succeed. Joining forces with Toprankers enables us to do it at a large scale by leveraging its strong student network, its expertise in EdTech, and its range of offerings for students who have chosen a specific career option.
With this deal, the firm’s team will grow to more than 400 people, and in the next year, its workforce will expand by about 50% as it plans to hire across verticals.
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