CollegeDekho.com an educational tech startup which is run by Girnarsoft Education Services Pvt. Ltd has received funding of $8 million, as per the company statement. The investors include Girnarsoft and London-based Man Capital LLP.
Earlier in 2016, both the investors had led a $2 million pre-Series A round in CollegeDekho.
The ed-tech startup aims at connecting students with their choice of colleges and prospective courses all over India. The startup also helps in providing relevant information about competitive and entrance exams, along with mock test papers for the exams.
Ruchir Arora, chief executive officer, CollegeDekho, said to a daily that the company will use its fresh funding to expand and work on technology infrastructure, besides expanding to new regions, and for research and development.
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“Even today, there are some 1.4 million students that take IIT-JEE entrance exams. And throughout my experience in education, I’m sure that at least 20-30% of them may have wished to be a designer or enter the creative field. Our goal is to intervene here and help guide those 20-30% students,” said Arora.
CollegeDekho has a tie-up with 400 institutions to offer a common application form (CAF) feature wherein students can apply to multiple colleges through a single form. The traffic has also increased by 300 to 400% annually in the last two years.
Girnarsoft’s capital infusion into CollegeDekho comes at a time when education startups in India have seen an uptick in investor attention, mostly from foreign investors.