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cardekho Group has invested $10 million in ed-tech platform CollegeDekho, strengthening its focus on building large online marketplaces beyond cars.
The new investment shows CarDekho’s continued support for CollegeDekho, which operates as part of the group’s wider classified business ecosystem.
With the new funding, CollegeDekho aims to expand into more Tier 2 and Tier 3 cities and grow its ‘CollegeDekho Assured’ programme which helps students find industry-focused degree courses from partner universities. The platform currently partners with over 2000 colleges and universities across India.
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The company said CollegeDekho saw nearly 170 million sessions last year and helped more than 4 million students with admission-related guidance.
"The investment aligns with the group’s strategy of creating digital platforms that enable access, discovery and informed decision-making at scale," said Amit Jain, Co-founder and Chief Executive Officer of CarDekho Group.
He added that CollegeDekho helps improve education and job outcomes as India moves toward its Viksit Bharat 2047 goals.
“As we progress, after attaining profitability, this will accelerate our efforts to expand quality education and skilling pathways, leverage technology to improve student outcomes, and work closely with institutions to bridge the gap between education and employability,” CEO Ruchir Arora said.
Founded in 2015 by Ruchir Arora, Saurabh Jain, Rohit Saha and Rajiv Singh, CollegeDekho helps students connect with colleges by providing details on courses, admissions, exams, and scholarships. It also offers centralised application tools and personalised counselling for both Indian and overseas study options.
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