Ed-tech platform, CollegeDekho, announced that it has raised $2 million in its third round of funding. The round saw participation from ManCapital, GirnarSoft and other investors.
According to a statement released by the startup, the funds raised will be utilised to strengthen its technology, expand its collaborations with international colleges and increase its marketing activities including initiating more offline campaigns.
“This round of funding is the reiteration of the trust our investors have in our vision and a clear indication that we are on the right path to success,” Ruchir Arora, CEO and co-founder, CollegeDekho said.
“The education sector is poised for further growth and we believe there remains a lot of talent in the country that can benefit from improved support. CollegeDekho strives to identify students’ optimal education path so as to make a difference in the future,” Nikhil Malik, Partner, ManCapital said.
CollegeDekho was founded by Ruchir Arora and Arshinder Randhawa. The Gurugram based startup’s platform allows students to view and compare colleges, select courses, determine cutoffs for their desired courses and access other career related content. The platform has over 36,000 colleges in its database. Over the course of the past two years, the company has guided over 1 lakh students nationwide. It has on ground cafes in cities like Srinagar, Patna, Ranchi, Lucknow, and Guwahati .
Amit Jain, Founder of GirnarSoft stated that GirnarSoft has been very confident of the startup’s growth right from the very beginning and its rapid expansion rate and innovation has served to reiterate its commitment to the ed-tech sector.” Also with the government’s focus on digital education, we can safely predict a disruptive evolution of the modern education scenario in the country,” he added.
(Picture courtesy: youtube.com)
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