The money and fairness deal will see CollegeDekho take over the PrepBytes platform to “additional improve” CollegeDekho Be taught, its on-line platform providing a sequence of stay, interactive programs throughout streams equivalent to pc programming, enterprise, finance, and digital advertising.
“PrepBytes provides the vocational component to our already quickly rising be taught enterprise. This may also mark our first foray in offering placements associated companies to our college students,” mentioned Ruchir Arora, co-founder and CEO of CollegeDekho.
“PrepBytes provides the vocational component to our already quickly rising be taught enterprise”
The PrepBytes founding crew will be part of CollegeDekho’s senior management and proceed to function independently.
“CollegeDekho and PrepBytes share a typical imaginative and prescient of bettering the standard of training and making college students industry-ready,” PrepBytes co-founder and CEO, Mamta Kumari, added.
“We see this collaboration as a match made in heaven. We’re excited to take this journey forward from right here and assist increasingly more college students have a profitable profession by our studying section.”
CollegeDekho has raised some $35 million in Collection B funding thus far, and says it’s “anticipated to hit a 4x income run charge progress over its final 12 months’s numbers and scale additional to maximise its progress” in 2022.
Collectively, the businesses have greater than 155,000 customers who’re utilizing the platforms to attend greater than 92,000 hours of periods.
Talking to The PIE in 2021, CollegeDekho chief enterprise officer Tarun Aggarwal detailed the important thing enterprise segments the corporate focuses on together with admissions in India, examine overseas, training financing, on-line programs and training and hostel lodging.
Together with the web training providing CollegeDekho supplies, Aggarwal mentioned that the examine overseas sector requires innovation, particularly following the Covid-19 pandemic.
“The entire examine overseas counselling and admission course of house must evolve, and develop into extra environment friendly,” he mentioned.