Toprankers buys ProBano to foray into career discovery & guidance segment

Edtech firm Toprankers which is backed by VC firm Sixth Sense Ventures has acquired career guidance platform ProBano in a cash-and-stock deal, the company said on Monday, 17 April.

The company did not disclose the financial details of the deal which will help Toprankers to foray into the career discovery and guidance segment.

Probano provides career guidance through its innovative and technology-backed process which enables students to make informed career choices, and build the skills needed to succeed in their careers.

Toprankers was launched in 2015 by Gaurav Goel, Karan Mehta, and Harsh Gagrani. Its platform is apt for those who preparing for competitive tests and want to pursue vocations such as management, common university admission exams, law, judiciary, and design and architectural exams but not in engineering and medicine fields.

As a part of the deal, ProBano’s team will join Toprankers team.

“Leveraging ProBano's expertise in career guidance and counselling, we will help the next 10 lakh to 1 crore high school students explore different career options, discover their passion, and pursue it,” said Goel.

Today, Frontline workforce management SaaS platform BetterPlace also announced the acquisition of TROOPERS, Malaysias leading flexi talent solutions technology player.

The acquisition, for which the financial details were not disclosed, of TROOPERS will accelerate its presence in the region and establish a stronger foothold in Southeast Asia, BetterPlace said in a statement.