CollegeDekho, a top platform for higher education services launched in 2015, has raised $9 million in an extended Series B funding round from its current investors through a special purpose vehicle (SPV). Although specific investors weren’t named by Inc42, Winter Capital Partners, ETS Strategic Capital, Calega, QIC, and Man Capital are known to be involved.
The startup, which helps students with test preparation, college selection, and applications, is now valued at $138 million following this funding boost. CollegeDekho has been actively expanding, recently acquiring ed-tech platforms Getmyuni, IELTSMaterial, and PrepBytes to enhance its services.
Since its start, CollegeDekho has advised over 7 million students and worked with nearly 1,500 colleges. The platform has also attracted more than 160 million visitors to its education resources. Financially, CollegeDekho reported a revenue of INR 239 crore for FY24 but faced a standalone loss of INR 120 crore in FY23. The company has not yet submitted its FY24 financial statements to the Ministry of Corporate Affairs.
Facing competition from big names like LeverageEdu, CollegeDunia, Embibe, and GetMyUni, CollegeDekho continues to solidify its position in the competitive Indian ed-tech market.
