Gurugram-based college admission and higher education services platform CollegeDekho has raised $9 million in funding from Janeville Limited.
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According to the firm’s regulatory filings data, CollegeDekho’s board has approved a special resolution to allot 8,843 Series B1 preference shares to Janeville Limited at an issue price of Rs 82,927.98 each to raise Rs 73.3 crore or about $9 million.
Prior to this, the startup had raised $35 million in a Series B round from Winter Capital, ETS Strategic Capital – the private equity investments arm of ETS (creator of the TOEFL® tests and GRE® General Test), Calega and existing backer Man Capital.
Founded in July 2015 by Ruchir Arora, Rajiv Singh, Saurabh Jain, and Rohit Saha with a mission to institutionalize student counselling in India. The platform connects prospective students with colleges using its proprietary technology and AI-based conversation bot.
CollegeDekho specialises in education, college admission, university admission, student counselling, competitive exam preparation, and one-click education solution.
Source @Indianstartupnews
