startup funding

Noida’s Edutech Startup MeetUniv Raised $1 million from US-based Peesh Venture Capital

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Noida based edutech startup MeetUniv has raised a sum of $1 million from United States based Peesh Venture Capital, Noida based MeetUniv is an edutech startup that helps students in searching for the right course and college abroad. It even guides them on the right procedure to apply for them. This one year old startup had also raised funds last year from TLabs, a Times Group Fund.

MeetUniv has some 3,000 colleges and universities as well as some thirty-forty thousand undergraduate and postgraduate courses from various countries like Singapore, UK, US, Canada etc. listed on its website. According to the startup, it has already successfuly facilitated 75,000 videos calls abroad with various universities. It also boasts of having developed a CRM for universities.

The current funding can prove to be extremely beneficial for MeetUniv as it will provide the startup exclusive access to Peesh’s limited partners. Most of Peesh’s partners are stakeholders in some of the biggest universities of the US. The MeetUniv funding is the US based venture capital’s first investment from its maiden US $ 50 million fund that focuses on investing exclusively on early stage startups.

According to Nitin Kapoor, co-founder of MeetUniv, “Partnering with Peesh Venture Capital opens the doors for students in India looking to study in USA, a most sought after education destination.” Kapoor said so in a statement to techinasia.

MeetUniv is currently also developing social tools in order to stay connected with universities abroad for counselling via video technology.

The road is all not so smooth for MeetUniv. It has some tough competition to face for the numero uno position in the edutech space. IndiaCollegeSearch, a startup backed by an Indian based Angel Network and Yocket aresome of the startups providing services almost similar to MeetUniv.

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