Gurugram-based Edtech platform, CollegeDekho raises $9M in a funding round led by the existing investor-Winter capital. As per some reports, the administrative board has passed a special resolution of alloting 8842 series B1 preference shares to Janeville limited. The shares will be issued for Rs. 82937.98 to raise the sum.
The company also raised $35M last year in a series B round of funding backed by Winter Capital, ETS Strategic Capital, Calega and Man Capital. Till now, this Edtech platform has raised around $49M from various investors.
CollegeDekho raises funds
With this infusion of the latest funds, the company intends to utilize the funds for acquisitions. In addition to this, the company also plans to use the funds to expand its operations. However, this Gurugram-based Edtech platform has already acquired three platforms- ILETSMaterial, Getmyuni and PrepBytes.
CollegeDekho is an Edtech platform that connects students with colleges through its proprietary technology. It also uses AI bot for conversations. This platform was launched in 2015 by its founders-Ruchir Arora, Rajiv Singh, Saurabh Jain and Rohit Saha. The company has regional offices in Delhi, Punjab, Bengaluru, Hyderabad, Chennai, Mumbai, Kolkata, and Pune. It has its main office in Gurugram and Haryana.
CollegeDekho offers a bunch of services like college admissions, university admissions, student counselling and many more. Along with the above-mentioned services, it also provides financial assistance and visa assistance to students. In a nutshell, the company is offering a one-click solution for all educational aspects.
More than 35000 institutions are listed on its portal and around 800 colleges are its clients. This education solution provider has already assisted more than 50000 students to get enrolled in more than 1500 institutions.
CollegeDekho runs in competition with major players like CollegeDunia, Shiksha and Careers360 in the educational services sector. It is India’s largest college search platform with more than 16 Cr visitors. The company aims to create a solid globally trusted education platform which will help millions of students in near future.
Featured Image Credit : Eduvoice
- Binny Bansal is in Talks to Invest $100 Mn-$150 Mn in PhonePe - March 11, 2023
- Bira 91 bags $10 Mn from MUFG Bank(Japan’s largest Bank) - March 10, 2023
- Off Duty bags INR 4 Cr from Velocity.in - March 6, 2023