CollegeDekho Secures INR 40 Crores Funding from Recur Club to Accelerate Edtech Innovation

• CollegeDekho, India’s leading platform for higher education guidance has secured ₹40 crore in debt funding to support its growth and innovation.
• The funding will enable CollegeDekho to enhance its product offerings, scale operations and streamline processes in preparation for the upcoming college admission season.
• CollegeDekho, with a 32.2% revenue growth in FY24, has already facilitated over 200,000 college admissions in the last 7 years, making a significant impact on students' educational decisions across India.

New Delhi, India: Recur Club, a prominent debt marketplace for high-growth businesses, has announced a strategic ₹40 crore debt funding for CollegeDekho. This funding will drive CollegeDekho's efforts to scale its operations, enhance technological infrastructure and meet the growing demand as the upcoming college admission season approaches. 

Founded in 2015, CollegeDekho has become a trusted resource for over 35,000 colleges and numerous courses. Last year, the platform recorded more than 225 million website sessions and provided guidance to nearly 4 million students, contributing to 60% of private college admissions in India. 

CollegeDekho’s innovative approach to simplifying the admissions process continues to resonate with students, helping them make informed decisions about colleges, courses and careers. It also helps universities and institutions offer degrees focused on future skills, enhancing learning and preparing students for the job market.

In its 7 years of operations, CollegeDekho has facilitated over 200,000 college admissions and generated INR 5,000 crore in fees for its partner institutions. 

CollegeDekho’s latest financial results reveal a 32.2% increase in revenue, reaching ₹215.6 crore in FY24, up from ₹163 crore in FY23 reflecting significant success. The revenue growth highlights the company's ability to scale effectively and positions it as a prime candidate for further strategic investment, including this timely ₹40 crore funding.

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Founders' Insight

In relation to this partnership, Ruchir Arora, CEO & Co-Founder of CollegeDekho, said, “This round of funding is a strategic step to ensure we are fully prepared for the upcoming admission season and beyond. Our mission has always been to provide access to quality, skill-focused higher education and empower students to make informed decisions. With this funding, we believe that we will be able to scale new heights and deliver value to our students and partner institutions.”

Eklavya Gupta, Co-founder and CEO of Recur Club, commented, “India's higher education sector is poised for exponential growth, with its market size projected to triple from $55 billion in 2023 to $180 billion by 2035. At Recur Club, we recognise the crucial role of platforms like CollegeDekho, which is dedicated to enhancing higher education guidance in India. Supporting CollegeDekho highlights our commitment to promoting growth strategies that benefit educational institutions.”

This partnership with Recur Club will enable the platform to further innovate in the ed-tech space, delivering even more value to students and educational institutions across India.

The ₹40 crore debt funding from Recur Club reaffirms CollegeDekho’s growing influence in India’s higher education sector, empowering students and educators alike to achieve their goals with greater ease and confidence.

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