CollegeDekho.com, the online career guidance platform helping Indian students select the right higher studies institutes from India’s swarm of education ventures, has raised US$8Mn in its Series B funding led by existing investors GirnarSoft, London based Man Capital and others. The funds will be used for expansion, research, product development, technology.
The startup says, that it is now guiding students not only to study in India but abroad as well. The company is also looking to expand into its offline-online hybrid experimentation. CollegeDekho claims that the pilot has worked well and it now has a strong hybrid presence, with on-ground cafes in four major cities: Patna, Ranchi, Lucknow & Guwahati. This is now being expanded to 11 cafes across cities of Delhi, Gurugram, Noida, Pune, Mumbai etc.
Founded by Ruchir Arora, Saurabh Jain, Rohit Saha, and Rajiv Singh, CollegeDekho provides a transparent and open platform that facilitates interaction between students and colleges. It provides information about colleges, courses, careers, entrance exam details, admission notifications, changes in exam pattern, scholarships and all related topics. It supports students in selecting relevant career study options based on their strengths and guides them through the self-discovery and college selection process. This round of funding for CollegeDekho from existing investors demonstrates the strong belief in a comprehensive 360-degree process of student counselling for higher education.
According to Ruchir Arora, Co-Founder & CEO, CollegeDekho.com, “The company has grown by 100% every year for the last 3 years and we keep focussing on accelerating this growth. With our reach expanding nationally and internationally, we are excited to put the company on a rapid growth trajectory.”
Since 2016, CollegeDekho claims to have delivered in excess of 12,000 admissions worth INR 900 crores plus. From having 10 colleges when they started in 2015, CollegeDekho now claims to be working with more than 400 colleges and universities and 300,000 students making it the most accredited business in the education space. This is evident from the rating on Facebook, demonstrating the students’ faith and unending loyalty of customers, which is rock solid at 100% retention.
Today, CollegeDekho has more than 36000+ colleges in its database and has guided more than 1.2 million students across India, emerging as a leading platform to provide counselling in the education sector from India.
With this latest round of Series B funding, CollegeDekho’s total funds raised stands at $12 million.