About TooStep
TooStep is a company based in Bengaluru (India) founded in 2007 was acquired by Info Edge in January 2013.. TooStep has raised $878.9 thousand across 3 funding rounds from investors including Info Edge, Accel and Argo Ventures. TooStep operates in a competitive market with competitors including TakeLessons, MentorShow, FastInfo Class, Mentorcam and Pep live, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Education
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Phone
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Website
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Social
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Funding Insights of TooStep
TooStep has successfully raised a total of $878.9K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $103.4 thousand completed in September 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $103,400
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First Round
First Round
(20 Oct 2007)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2010 | Amount | Seed - TooStep | Valuation | Accel | |
| Aug, 2009 | Amount | Seed - TooStep | Valuation | Accel | |
| Oct, 2007 | Amount | Seed - TooStep | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in TooStep
TooStep has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Info Edge, Accel and Argo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided by Argo Ventures in Berlin.
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Accel is recognized as a leading venture capital firm.
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Seed-stage tech startups are targeted for investments by Bitclick.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TooStep
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TooStep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Toostep Comparisons
Competitors of TooStep
TooStep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TakeLessons, MentorShow, FastInfo Class, Mentorcam and Pep live, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Marketplace for tutoring: in-person & online lessons
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| domain | founded_year | HQ Location |
Multi-disciplinary learning classes are offered through subscription.
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| domain | founded_year | HQ Location |
Provides live interactive spoken English training for adults and kids online.
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| domain | founded_year | HQ Location |
Mentoring solutions are delivered via mobile video calls with experts.
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| domain | founded_year | HQ Location |
Video streaming of user-generated educational workshops is offered online.
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| domain | founded_year | HQ Location |
A mobile platform offering multi-disciplinary learning courses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Toostep
Frequently Asked Questions about TooStep
When was TooStep founded?
TooStep was founded in 2007.
Where is TooStep located?
TooStep is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is TooStep a funded company?
TooStep is a funded company, having raised a total of $878.9K across 3 funding rounds to date. The company's 1st funding round was a Seed of $400.1K, raised on Oct 20, 2007.
What does TooStep do?
TooStep was founded in 2007 in Bengaluru, India, within the online knowledge-sharing sector. A QA portal is operated to enable users to exchange information and obtain business-related assistance from experts. Recruitment marketing tools are provided for companies to post job openings on the platform. Operations focus on collaborative knowledge transfer, with the company acquired by Naukri.com in 2012.
Who are the top competitors of TooStep?
TooStep's top competitors include MentorShow, TakeLessons and FastInfo Class.
Who are TooStep's investors?
TooStep has 9 investors. Key investors include Info Edge, Accel, Argo Ventures, Bitclick, and MC-B GmbH.
What is TooStep's valuation?
The valuation of TooStep is $2.45M as of Sep 2010.
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