Strategic Funding to Enhance Technological Infrastructure and Expand Market Reach
New Delhi, India – April 1, 2025: CollegeDekho, India's prominent edtech platform, announced today it has successfully raised ₹30 crore from Lighthouse Canton. This latest strategic investment aims to propel the company into its next phase of growth, particularly by strengthening technological infrastructure, expanding its geographical presence, and ensuring seamless operations during the critical upcoming admission season.
This investment marks a significant milestone, reflecting CollegeDekho's robust market position and unwavering commitment to bridging gaps in India's higher education landscape through comprehensive student guidance and skill-based degree programs.
Impressive Financial Performance and Growth Trajectory
In its recent financial disclosure, CollegeDekho reported a remarkable 32.2% increase in revenue from operations, reaching ₹215.6 crore for FY24, compared to ₹163 crore in FY23. The company's strong performance underscores its effectiveness in serving the educational aspirations of students and creating significant value for its partner institutions.
Reinforcing Leadership with Industry Veterans
Further strengthening its senior management team, CollegeDekho recently onboarded two seasoned professionals with extensive leadership experience:
- Arshad Mumtaz has joined as Chief Operating Officer, Enrolment Business, bringing over 26 years of extensive experience in sales, operations, and outsourcing. Arshad previously held leadership positions at renowned companies such as IGT Solutions, Spanco, and Bharti Airtel. At CollegeDekho, he will lead operations and sales for the retail admissions business.
- Deep Prakash is the new Head of Sales for the Retail Business and GetMyUni division. Deep has over 20 years of proven expertise in strategic sales and acquisitions, having previously spearheaded growth initiatives at SMC Real Estate, Cloudfarm, and Agent Hero. He will be instrumental in driving sales and expanding CollegeDekho’s market presence nationwide.
Speaking on these leadership appointments, Ruchir Arora, CEO & Co-Founder of CollegeDekho, expressed enthusiasm:
"I’m really excited about Arshad and Deep joining our team to spearhead our core Retail Admissions vertical. Their addition would add tremendous experience to our team, enhancing our ability to drive efficiencies and growth in our business."
Arshad Mumtaz remarked on his new role, stating,
"I am extremely grateful to Ruchir for allowing me the opportunity to contribute to the nation’s growth through higher education. I look forward to contributing to CollegeDekho’s growth and helping students achieve their true potential by joining the right colleges."
Similarly, Deep Prakash shared his perspective,
"I have been very impressed with how CollegeDekho has shaped up over the years. I look forward to working closely with Ruchir and the leadership team to drive growth and market expansion for CollegeDekho while aiding nation-building through democratization of higher education."
Achieving Global Recognition and Impact
CollegeDekho's commitment to innovation and global standards in education recently earned it the prestigious Growth Award at the EdTechX London Fest. This accolade highlights the company's global impact and recognizes its innovative contributions to the edtech sector.
CollegeDekho’s Commitment to Empowering Higher Education in India
Founded in 2015 by Ruchir Arora (CEO), Rohit Saha, and Saurabh Jain, CollegeDekho is dedicated to simplifying college admissions through its unique Common Application Form, enabling students to apply to thousands of colleges simultaneously. This streamlined approach has facilitated over 200,000 admissions to date and generated more than ₹5,000 crore in fee revenue for India's higher education institutions.
The platform offers skill-based degree programs in collaboration with esteemed partner universities, helping equip students with practical, industry-oriented skills. Additionally, CollegeDekho provides free counselling to over 12 million students annually, empowering them to make informed decisions regarding higher education. The platform's robust database includes over 35,000 colleges and courses, with its website recording more than 225 million sessions last year alone.
With the recent infusion of funds, CollegeDekho is set to scale new heights, reinforcing its position as a trusted partner for students and higher education institutions across India.
