Delhi-based Collegedunia has raised Rs 3 crore in Pre-Series A funding round from Umang Kumar, co-founder and, CEO of Gaadi. Collegedunia is an extensive search engine for the students, parents, and education industry players who are seeking information on the higher education sector in India and abroad.
The startup was founded in 2014 by Sahil Chalana who is an Alumni from BITS Pilani. As per the data of company Collegedunia have 40000+ unique visitors per day and it comes under 2000 website. The company claims to scale up its traffic up to 1 Lac+ in next few months. Collegedunia has also launched an app and received 10000 installs. Collegedunia claims to feature 12000colleges/institutes/Universities and fees structure on its platform. Collegedunia covers areas like fee, placement, alumni record, rankings, awards and extra-curricular activities.
Indian Angel Network (IAN) Invested in UK based Ascema
Indian Angel Network (IAN), has invested an undisclosed amount in UK-based Ascema, a startup based on technology solution for locating, securing and controlling the movement of sensitive data and intellectual property within cloud collaboration environments and email systems.
IAN funds will be utilized to support Market Strategy for Ascema and further expand the Sales Resource.
The round was led by Nitin Jain and Nitin Singhal on behalf of IAN and joined the board of the company. This is IAN’s fourth major investment in a UK-based startup.
Ascema has been developed by GeoLang, a wholly owned subsidiary of GeoLang Holdings, a business resilience and cyber security startup based in the UK. The company was founded by Debbie Garside and Lee Gillam to prevent high-value data loss.
“Ascema is defined by a core content fingerprinting, indexing and matching engine, which can be used on any file, data stream or other data source to assess the content. Based on an original algorithm developed initially by a UK intelligence agency, Ascema is innovative and highly technologically advanced – it can protect content down to the level of a sentence. IAN has been very supportive in providing us with their guidance and mentorship. I was very impressed with their professional approach and their understanding of the needs of small business. We are also already seeing added value in the leveraging of IAN member networks.” – said Debbie Garside, CEO and co-founder at GeoLang.
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