Edtech start-up CollegeDekho has raised Rs 40 crore in funding from debt financing platform Recur Club, according to an official statement issued on Tuesday. The fresh capital is expected to support the company’s plans for expansion, enhance its technological capabilities, and further strengthen its mission to simplify college admissions and empower students across India.
The investment comes at a time when India’s higher education market is on a rapid growth trajectory, projected to expand from $55 billion in 2023 to $180 billion by 2035. Recur Club CEO Eklavya Gupta highlighted the vital role of platforms like CollegeDekho in navigating this evolving educational landscape, commending the startup’s commitment to making higher education more accessible and informed for students.
CollegeDekho’s CEO and Co-Founder, Ruchir Arora, described the funding as a timely move ahead of the upcoming college admission cycle. He reiterated the company’s vision to improve access to quality, skill-oriented education and to support students in making data-driven academic decisions.
The company recently reported a strong financial performance, with revenue reaching Rs 215.6 crore in FY24, marking a 32.2 per cent increase from Rs 163 crore in FY23. This upward trajectory underscores the startup’s growing impact in the sector and aligns with its strategic push for further growth.
Founded in 2015 by Ruchir Arora, Rohit Saha, and Sourabh Jain, CollegeDekho was created to bridge the gap between students seeking guidance and colleges aiming to improve student outreach. Over the past seven years, it has facilitated more than 200,000 college admissions and helped generate over Rs 5,000 crore in fee revenue for its partner institutions.
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The platform currently hosts detailed information on more than 35,000 colleges and academic programs. In the past year alone, it recorded over 225 million website visits and extended free counselling to nearly 4 million students, playing a crucial role in assisting 60 per cent of private college admissions in the country.
