CollegeDekho, a edu-tech startup incubated by GirnarSoft, announced that it had raised $2 million in pre-series A funding from London-based Man Capital. The investment comes just four months after it raised $1 million from GirnarSoft.
The funding will be used to build robust technology, ramp up the team, increase marketing activities and on-board more colleges, the company said in a statement.
"We launched CollegeDekho.com with an aim to fundamentally change and improve the journey of college selection process for students," Ruchir Arora, founder and CEO, CollegeDekho.com, said.
Gurgaon-headquartered CollegeDekho.com deals in higher education and has a database of 22,000 colleges as it connects students to colleges. It also has a chat tool which helps students crowd-source opinions based on former and present students.
CollegeDekho has raised this fresh investment from Man Capital after four months of securing $1 million from GirnarSoft, the parent company of CarDekho.com.
Man Capital is an investment arm of Mansour Group. The CollegeDekho.com funding marks the firm's first foray in the Indian startup industry.
CollegeDekho.com, with its tech-oriented approach and disruptive impact on the country's higher education landscape, ticked all the right boxes," said Loutfy Mansour, CEO, Man Capital.
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