
India edtech start-up CollegeDekho raises $35m
Indian education technology start-up CollegeDekho has closed a Series B round of $35 million with support from a mix of global investors including Australia’s QIC and Abu Dhabi’s ADQ.
Russia’s Winter Capital, UK-based Man Capital, and Dubai-based Calega Resources Investment, also participated, as did ETS Strategic Capital, the VC arm of US education industry services provider ETS. It brings total funding to date to around $50 million, according to AVCJ Research.
CollegeDekho is India’s largest global admissions and education-services platform for higher education institutions in-country. The platform provides colleges with relevant candidates, allows students to explore courses and institutions, get matched with relevant academic programs, and apply through a centralized application platform.
The company partners with around 1,000 colleges as clients and has around 35,000 colleges listed on its website, which provides information on admissions, entrance tests, infrastructure, courses, and careers. It says the platform recorded more than 137 million sessions across the core website and various social media outlets during 2020 and 2021.
The plan is to invest in products and technology, while expanding into verticals such as financial services and accommodation. There will be significant synergies with ETS’ existing programs in areas such as TOEFL, an English as a foreign language test, and GRE, a standardized admissions requirement, as well as GradSchoolMatch, a school search and application platform.
India’s massive edtech start-up scene is dominated by tutoring platforms, but out-of-class student services have proven a distinct sub-category of interest.
Recent activity in this space includes a $55 million Series C in September for Leap Finance, which helps students pay for overseas studies. Meanwhile, accommodation services providers such as Zolo and NoBroker have geared their models significantly toward students.
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