Indian Angel Network has invested undisclosed amount in Gurgaon-based India College Search, startupcentral states. The funds raised will be used to hire talent and grow the company’s presence.
The IAN members who have invested in the startup are Anupam Mittal, Vikram Upadhyaya and Varun Khurana. The company is the first from the IAN incubator to raise funding from the angel investor group.
Founded in 2010 by Parul Bansal and Anirudh Motwani, IndiaCollegeSearch is owned by Am Edumedia Private Limited. It enables students to browse, filter and explore colleges across various locations and based on several different parameters.
It has over 7000 colleges and 1 lakh admission seekers on its platform. A student can access detailed information about a college on IndiaCollegeSearch.com, which includes info about infrastructure, faculty, placement track record as well as starting salaries and names of hiring companies.
Students can also create a shortlist of colleges by their scores in entrance exams – a neat way to narrow down data to a short list that meets their needs. In 2011, the company received R5.8 Mn seed funding from VAS Capital.
Other players in this space include Info Edge owned Shiksha, HT Media owned HTCampus, Indiatimes owned EducationTimes, Sequoia Capital funded formersocial network Minglebox.com, Coolavenues.com, MBAUniverse.com, Accentium owned StudyNation.
Recently, IAN invested in ranking platform for competitive exams – RankJunction; Alma Mater, an online brand for official school and college merchandise.
No comments:
Post a Comment