Angel funding of Rs 1 crore has become a boost for an online education portal CollegeDunia. The portal founded by Sahil Chalana merely 6 months back in May 2014, has already become a hit with over 1 lakh visitors per month and aiming to over 1 million visitors within next 6 months as reported. This funding has come from Gaadi.com CEO Umang Kumar and some other undisclosed investors. The funding is aimed to be utilized for technology, operations and marketing of CollegeDunia.com as stated by Chalana.
Currently operating with a manpower of 30 people, the count would go up to more than double in next 6 months. Almost 8,000 more colleges, polytechnics and coaching institutes are to be added within the same period to its current list of over 800 colleges offering more than 1500 courses. This has become a single hub for having so vast information of colleges, exams, courses and latest happenings in the education front.