CollegeDekho, an online platform that helps students choose the right college, has raised ₹30 crore in funding from Lighthouse Canton.
The funds raised will be used to enhance its technological infrastructure, expand its reach, and ensure seamless operations during the upcoming admission season.
Ruchir Arora, CEO & Co-Founder of CollegeDekho said, “This round of funding is a strategic step to ensure we are fully prepared for the upcoming admission season and beyond. Our mission has always been to provide access to quality skill-focused higher education and empower students to make informed decisions. With this funding, we believe that we will be able to scale new heights and deliver value to our students and partner institutions.”
Founded in 2015 by Ruchir Arora (CEO), Rohit Saha and Saurabh Jain, CollegeDekho helps students get guidance to reach the right college and for colleges to teach them better. CollegeDekho has a Common Application Form that enables students to apply to thousands of colleges using a single form. This helps students save time, money and effort required while submitting individual forms.
Additionally, CollegeDekho helps universities and colleges to offer future-skill-oriented degrees thereby enhancing the student’s overall learning experience and equipping them with the necessary skills to thrive in the job market.
With a vast database of information on 35,000+ colleges and numerous courses, CollegeDekho serves as a rich resource for students. Last year, the platform garnered a massive 225+ million website sessions.
CollegeDekho offers free counselling services to over 12 million students, ensuring that they receive the guidance they need to make informed decisions about their higher education.
CollegeDekho has a track record of facilitating over 200,000 admissions in the last 7 years to India’s Higher Education Institutions. It also offers skill-based Degree programs with partner institutions and has claims to be contributed to over ₹5,000 crore in fee income for India’s higher education institutions.
To strengthen its leadership, the company recently hired two experienced professionals. Arshad Mumtaz joined as chief operating officer of the retail business, bringing nearly 30 years of experience. Deep Prakash joined as Head of Sales—retail Business and GetMyUni, with over 20 years of expertise in sales and growth.
The company recently announced its financial results, wherein CollegeDekho’s revenue from operations surged 32.2% to ₹215.6 crore in FY24, compared to ₹163 crore in FY23.
