Owners
CollegeDekho - an Indian service founded in 2015 to search for universities and submit applications for admission. The platform helps school graduates connect with colleges and universities, collects information on courses, exams, scholarships and housing. By September 2021, 36 thousand educational institutions accept applications for admission to the CollegeDekho. The user can fill out the form once and send it to all universities. The service has about 1.5 million visitors per month. According to the developers, the CollegeDekho platform helps colleges recruit students more efficiently.
CollegeDekho is part of the Indian group Girnarsoft, in which shares belong, in particular, to Sequoia India and Hillhouse Capital.
History
2021: Attracting $26.5 million investment
On September 8, 2021, the company CollegeDekho announced the attraction of $26.5 million in investments in the framework of the Series B round, which was headed by a fund with Russian roots Winter Capital Partners (the main investor is billionaire Vladimir Potanin).
The transaction was also attended by the investment company Man Capital and the venture capital division of the American company ETS - ETS Strategic Capital. The startup intends to spend the funds received on improving the platform.
According to Anton Farlenkov, managing director of Winter Capital Advisors, CollegeDekho is among the fastest growing developers of educational technologies (EdTech) in India.
 | We believe that the volume of the EdTech industry in India can reach $10 billion in the next 5-10 years compared to the current volume of the industry of about $2.5 billion, "he said. |  |
According to the results of the financing round, which was announced on September 8, 2021, the total volume of attracted CollegeDekho investments reached $38.5 million. The estimated cost of the startup is not announced.[1]
Notes
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