Total amount raised
$605.8 Thousands
Latest funding date
1/1/2022
Location
Collegedunia has successfully raised an undisclosed amount in a Series Unknown funding round, attracting investment from Alluvium Capital and Umang Kumar. The platform serves as a comprehensive search engine for students, parents, and the education industry, offering detailed information on colleges, universities, and various educational programs.
Keep reading to explore the intricacies of Collegedunia's fundraising journey and the investors backing this innovative platform.
What Is Collegedunia?
Collegedunia, founded by Sahil Chalana in 2010, is headquartered in Delhi, India. The platform serves as a comprehensive search engine for students, parents, and the education industry, offering detailed information on colleges, universities, and various educational programs.
With a team of 101-250 employees, Collegedunia verifies, curates, and showcases information about around 20,000 colleges, growing at a pace of 100 colleges a day. The platform also allows colleges to list themselves for free if they meet certain criteria.
Collegedunia helps students find suitable colleges and provides detailed information about them, including minimum cutoffs, competitive exams, infrastructure, placement records, alumni records, and fees. The company also serves as a classifieds platform for educational institutions.
How Much Funding Has Collegedunia Raised?
- Angel Round
- Amount Raised: $162.8K
- Date: November 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and build initial infrastructure.
- Seed Round
- Amount Raised: $443K
- Date: January 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the database and enhance the platform's features.
- Venture Round
- Amount Raised: Undisclosed
- Date: January 2022
- Lead Investors: Alluvium Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase market reach.
Total Amount Raised: $605.8K
Current Valuation: Not publicly disclosed
Key Investors
- Alluvium Capital
- Details: Alluvium Capital is a venture capital firm known for investing in early-stage technology companies. They focus on providing strategic support and capital to help startups scale.
- Investment Focus Areas: Technology, Fintech, Edtech
- Notable Investments: Not publicly disclosed
- Umang Kumar
- Details: Umang Kumar is an angel investor and entrepreneur with a background in technology and startups. He has been involved in various ventures, providing both capital and mentorship.
- Investment Focus Areas: Technology, Startups, Edtech
- Notable Investments: Not publicly disclosed
What's Next for Collegedunia?
Collegedunia stands at the cusp of significant growth opportunities, driven by the increasing demand for online education resources. As the platform continues to expand its database and enhance its features, it is well-positioned to capture a larger share of the market. The edtech industry is booming, and Collegedunia's comprehensive offerings make it a key player in this space.
Future fundraising efforts will likely focus on scaling operations and expanding market reach. However, challenges such as maintaining data accuracy and staying ahead of competitors could pose hurdles. Despite these challenges, Collegedunia's strong foundation and strategic investments suggest a promising future.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Collegedunia and gather other critical business insights.
Sign up for free on Clay and start making data-driven decisions today.
