CollegeDekho, an online platform connecting colleges and students has raised $1 Mn in seed round of funding from GirnarSoft, the parent company of online automobile marketplace CarDekho.com.
Founded by Ruchir Arora and Arshinder Randhawa, CollegeDekho, provides a transparent, open platform that facilitates interaction between students and colleges. The startup helps students discover the right career choices.
CollegeDekho’s unique features include step-by-step college search – this suggests colleges based on simple student inputs, and, ‘my future buddies’ – a platform that connects all prospective students of a college, even before they join the college.
Ruchir Arora, CEO & founder of CollegeDekho said, “In India at any point of time there are ~30 Mn students enrolled in ~36000 colleges. Despite being the third largest higher education market in the world, it is hugely underpenetrated and offers significant growth potential.”
The startup will use the funds for developing its platform, building its team and marketing. GirnarSoft’s investment would serve as the seed funding for the venture, with more funds expected to be raised in due course of time.
Amit Jain, CEO and co-founder, Girnar Soft said, “Higher education in India is a market segment that requires a fresh approach to overcome the incumbent inertia. We quite liked the idea of a disruptive development that could assist students in making more informed choices. Additionally, the synergy and the strength of the vision driving the team at CollegeDekho also played a vital role in convincing us to invest so deeply into the venture.”
With the funding, Girnar Soft has yet again underlined its mission of developing tech-driven industry solutions for various industry verticals that can help circumvent the traditional roadblocks associated with them. The investment was secured due to the vision as well as the cohesive management and entrepreneurial team behind CollegeDekho.
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