Gurugram-based CollegeDekho raises Rs 40 crore in debt from Recur Club; here’s why

Here’s a structured summary of the details regarding CollegeDekho’s recent funding round:

Startup Details

  • Startup Name: CollegeDekho
  • Founders:
    • Ruchir Arora (CEO and Co-Founder)
    • Rohit Saha (Co-Founder)
    • Saurabh Jain (Co-Founder)
  • Founded Year: 2015

Funding Details

  • Amount Raised: Rs 40 crore
  • Funding Type: Debt
  • Investor: Recur Club (a debt marketplace for high-growth businesses)
  • Date of Fundraise: [Date not specified in the text]

Additional Context

  • Purpose of Funding: To drive growth, enhance technological advancements, and ensure seamless operations for the upcoming admission season.
  • Market Insights: The higher education market in India is expected to grow from $55 billion in 2023 to $180 billion by 2035.
  • Last Year Revenue: Rs 215.6 crore (FY24), up from Rs 163 crore (FY23), marking a 32.2% increase in revenue.

CollegeDekho’s Offerings

  • Provides guidance for students to reach the right colleges.
  • Offers a Common Application Form for applying to multiple colleges.
  • Empowers students with insights for informed decision-making regarding colleges and courses.

This summary captures the essential elements of the funding event for CollegeDekho and its operational context.

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2025-04-29 13:33:17

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