CarDekho Group has invested $10 million in Gurugram-based edtech platform CollegeDekho, marking a follow-on infusion and doubling down on its earlier wager on the corporate.

Based in 2015 by Ruchir Arora, Saurabh Jain, and Rohit Saha, CollegeDekho operates an internet platform that helps college students uncover schools and programs, put together for entrance assessments, and navigate admissions in India and abroad. The platform has partnerships with greater than 2,000 universities and schools. It additionally runs CollegeDekho Assured, a programme that allows college students to pursue industry-aligned diploma programs with associate universities throughout India.

The contemporary capital might be used to develop CollegeDekho’s presence in tier-II and tier-III cities, deepen engagement with instructional establishments, and broaden its choices. The corporate stated it has develop into worthwhile. Final 12 months, CollegeDekho claimed it recorded almost 170 million periods and guided greater than 4 million college students by way of admissions.

“As we progress, after attaining profitability, it will speed up our efforts to develop high quality schooling and skilling pathways, leverage know-how to enhance pupil outcomes, and work carefully with establishments to bridge the hole between schooling and employability,” stated Ruchir Arora, founder and chief govt of CollegeDekho.

CarDekho Group holds round a 40% stake in CollegeDekho. “Our continued funding in CollegeDekho displays our conviction in its capacity to democratise entry to high quality schooling, steering, and skilling for college students throughout the nation,” stated Amit Jain, co-founder and chief govt of CarDekho Group.

Based in 2008 by Amit Jain and Anurag Jain, CarDekho Group operates platforms together with CarDekho, BikeDekho, ZigWheels, InsuranceDekho, and Revv, spanning auto classifieds and monetary companies. The group studies almost 50 million month-to-month energetic customers and counts Peak XV Companions, Hillhouse Capital, CapitalG, Introduction Group, LeapFrog, HDFC Financial institution, ICICI Financial institution, and Axis Financial institution amongst its backers. CarDekho grew to become a unicorn in 2021 after a $250 million funding spherical valued the corporate at about $1.2 billion.

The funding in CollegeDekho comes a month after auto market CarTrade Tech stated it had ended discussions with Girnar Software program to amass CarDekho and BikeDekho.