US -based education start-up Stoodnt has raised an undisclosed amount of investment from Rajan Anandan, the vice-president, Google, South-East Asia and India.
Stating that the college admission market is highly fragmented, low-tech and fraught with fraud, biased advice and quality issues in international markets, co-founder Ajay Singh said, “The focus of our platform is to provide insights, online help and college admission expert guidance by leveraging data, technology and people.”
“We provide solutions that make life easier for students and parents during the college admission process, and helps them make the best decision and get the best outcome.
“We are delighted to have someone like Rajan be associated with this opportunity to make a difference in the future of millions of aspiring students,” Singh added.
Anandan primarily invests in early-stage technology companies in sectors like the internet, mobile and software. The funds will be used to enhance the user experience, for product development and to expand the user and brand base.
Helping millions of students to fulfil their aspiration of studying abroad, Stoodnt, the global online platform, helps in ensuring the admission process convenient, productive, and objective. It has a rigorous process for onboarding and training college admission counsellors, and tools built in to monitor service quality.
Launched in 2016 by Ajay Singh and Yuri Punj, the Harvard Business School alumni, and Sena Palanisami, a software entrepreneur, Stoodnt recently commenced its operations in India, which is its first international market.
The company recently appointed Ramdas Sunder, an alumnus of Harvard Business School, with over 20-year experience in engineering, consulting and management roles with companies such as Pitney Bowes, Freescale Semiconductor and McKinsey Consulting, as its Managing Director of India and South Asia.