Private Equity

Private Equity Fund Investments

CollegeDekho raises $26.5 M from Winter Capital, ETS Strategic Capital, others

MyBigPlunge  

CollegeDekho, a Gurgaon-based college admissions and education services platform, has raised USD 26.5 million (INR 200 crore) in an ongoing funding round led by Winter Capital Partners, ETS Strategic Capital – the private equity investment arm of ETS, creator of TOEFL and GRE tests - and Calega. Existing investors, Man Capital and Rajeev Chaba also participated in the Series B round. This round has been advised by IBIS Capital and Cilix Capital. The company plans to use the proceeds of the funding to further improve its offerings for students and colleges, increase its investment in product and technology, expand internationally and grow new verticals like educational finance technology and student accommodation. For studying abroad, CollegeDekho offers a range of services across profile building, test preparation, application assistance, university selection and visa assistance. The company had last raised USD 8 million in May 2019.

From the Venture Intelligence PE-VC Deal Database: Between Apr-16 and May-19, CollegeDekho.com had attracted obver $7.5 M from Man Capital and other investors as debt and equity. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)