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Edtech firm CollegeDekho has acquired its peer firm Getmyuni for Rs. 50 crore in a mix of cash and equity deal, a move that will aid the company's revenue growth, according to a top company official.
Firm will boost investment in products and tech while growing new verticals like Ed-Fin-Tech, student accommodation and coaching for higher education
CollegeDekho, an online college admissions and higher education services platform, on Wednesday said it has raised USD 35 million (about Rs 260 crore)
CollegeDekho on Wednesday said it has raised USD 26.5 million (about Rs 200 crore) in an ongoing funding round, led by Winter Capital Partners, ETS Strategic Capital and Calega.
CollegeDekho and the entire sector have a lot going in their favour, but future will depend on how they adapt to the latest technological advancements
Founded by Ruchir Arora, Saurabh Jain, Rohit Saha, and Rajiv Singh, CollegeDekho provides open platform that facilitates interaction between students and colleges
The investment comes just four months after it raised $1 million from GirnarSoft.