Hotline: 1800 102 2007
X
Search Business Opportunities
Jul, 12 2019

With acquisition of SFS Scholarship Facilitation Services, CollegeDekho plans to expand to new geographies

CollegeDekho offers services like free career guidance, psychometric and aptitude tests, workshops, counsellors on-call as well as help to identify colleges and entrance examinations. 

CollegeDekho.com, the education technology company, has acquired SFS Scholarship Facilitation Services, an overseas admission consulting firm, in a stock-and-cash deal. 

Ruchir Arora, Chief Executive of CollegeDekho, said, “We are looking at expanding to the US and Germany with this acquisition. We are evaluating more companies for acquisition in order to expand to new geographies or widen our offerings.”

CollegeDekho has over 500 employees including 400 counsellors. The firm is offering services like free career guidance, psychometric and aptitude tests, workshops, counsellors on-call as well as help to identify colleges and entrance examinations. 

Since its inception in 2015, the firm has raised $11 million, with $8 million in the latest round in May 2019 from existing investors, including GirnarSoft and Man Capital, the investment arm of London-based Mansour Group. 

“We are profitable (both in terms of net and operational) and so our funds would be used for expansion, including acquisitions. We are targeting Rs 50 crore in revenue this fiscal year. We are growing at 100% each year in terms of revenue for the last three years,” Arora further stated. 

Currently, CollegeDekho provides counselling using one chatbot. The company intends to add more chatbots as it expands to new geographies. 

Comment
image
Related opportunities
  • About Us: Exponential learning Pvt. Ltd. is an established institute based..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Fashion accessories - women
    About Us: Malaysia's Leading Chain of Fashion  & Lifestyle concept stores. The..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Beauty Salons
    About Us: Pro art makeup Academy is a renowned beauty and..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • After School Activities
    About Us: SIP Academy India is successfully running various world-class programmes...
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities