Qonfuse, Delhi based Indian Edtech startup has raised seed funding from Hamraj Kumar, founder of CureInstant (Medical technology startup). Financials of the deal have not been disclosed yet, however, close sources to the company confirmed that the investment is around a million Indian rupees ($15000).
The deal took place through a Facebook Group, STARTUP DELHI, Where one of the founders from Qonfuse had inquired about possible connections to raise funding. The investor got in touch with the founder through Facebook, before ultimately investing in the startup.
Qonfuse is an education technology website which lets the users take practice test for various competitive exams in India including SBI Clerk, SBI PO, IBPS Clerk, IBPS PO, CAT, GATE, LIC, NICL AO, RRB. Also, using the website, the students can chat with others preparing for the same exam or the experts to clear their queries. Based out of Delhi, the startup claims to have trained over 5000 students for various competitive exams.
With the raised funding, Qonfuse plans to develop better technology along with spending money on branding and marketing of the product. It is aiming to double the user count by the end of this year.