Startup Street: CollegeDekho raises $35 million in Series B funding; Nasscom releases report on scale-ups

CollegeDekho, a college admissions and education services platform, on Wednesday, said it has bagged $35 million in a Series B funding round. The startup will use the funds to further improve its offering for students both within India and abroad.

The company will also increase its product suite and invest in strengthening its technology. Ruchir Arora, founder and CEO, CollegeDekho in an interview with CNB-TV18 talks in detail about the company’s growth blueprint.

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Tech industry body Nasscom has released its first report on scale-ups, to look at the next stage in the lifecycle of start-ups. The report has an analysis of about 100 ‘scale-ups’, which include unicorns and startups with over $15 million in revenue.

Moreover, the Indian start-up ecosystem is expected to add an additional 250 plus scale-ups by 2025 with the time to scale up expected to be shorter. To throw more light, CNBC-TV18 spoke to Sangeeta Gupta, senior vice president at Nasscom.