Delhi-based iDreamCareer.com, an ed-tech startup, has raised an undisclosed amount in funding in Pre-Series A funding from media house BCCL’s (Bennett, Coleman and Company Ltd) strategic investment arm Brand Capital.
The raised capital will be used for brand building and marketing purpose.
As an ed-tech company, it boasts of its proprietary products such as online psychometric tests with career mapping-based on the Indian context; entrance exams and scholarship alert system via SMS and emails; personalised dashboard for users to explore career and college information and; an online forum to post queries directly to career experts.
Currently, the startup has two offices, Delhi (Head Office) and Bangalore, and plans to expand to other cities across India.
Prior to this round of funding, the company had raised its seed round in mid 2014 from G.K Sinha and subsequently raised its angel round in mid 2015 from ah! Ventures with investors Mohit Satyanand, Vivek Joshi, Indian Design Group & others participating in the deal.