Tag: college startups

  • Collegedunia Startup Story- Making Students Life Easier

    We’ve all gone through the effort of looking for universities to apply to after completing our 12th grade. Before taking a decision, as a learner, you should have a fundamental understanding of the uni. These facets are the standard of teaching provided, prices, the opinions of former and present alums, and the institute’s rank.

    However, gathering these essential details about universities is a tricky job. The notion of having all this data about institutes and tests from all over India and overseas in one spot appealed to the youth. It was created to fill this disparity, letting learners, parents, and professors find all the data they need about colleges on one page. Let’s look at its startup story and know more about it.

    Collegedunia – About
    Collegedunia – Mission and Vision
    Collegedunia – Tagline and Logo
    Collegedunia – Features
    Collegedunia – Startup Story
    Collegedunia – Business Model
    Collegedunia – What distinguishes them?
    Collegedunia – Funding and Expansion
    Collegedunia – Competitors
    Collegedunia – Current and Future Plans
    Collegedunia – FAQ

    Collegedunia – About

    Collegedunia fills the disparity between institutions and learners. A learner or parent can study and gather data about multiple courses and colleges in India via its vast search tool. A user can get data on a range of topics, including college, ratings, stream, curriculum, placements, facility, costs, admissions, and extracurriculars, to make more effective career choices. All this data is provided to the learners at no fee.

    Startup Name Collegedunia
    IPO Status Private
    Operating Status Active
    Company Type For-Profit
    Sector Digital Marketing, IT, Education
    Headquarters Delhi, India
    Founder Sahil Chalana
    Founded May 8, 2010
    Total Funding $605.8k

    Collegedunia – Mission and Vision

    Mission

    The most important option in a person’s life, the option to choose a college, shouldn’t be taken lightly. We want to be the best educational sites, with more dynamic UX and most verified data, and to facilitate learning in every way possible in making their wise choices.

    Vision

    CollegeDunia was founded with the goal of arming learners’ information so that they may make better decisions about their profession and alma mater.

    Tagline – Transforming India by Transforming Education

    Collegedunia Logo
    Collegedunia Logo

    Collegedunia – Features

    The web design was recently updated, with a focus on the part of the test. The firm has witnessed a significant spike in traffic since then. The test part comprises comprehensive information on all key national and state-level admission tests. The UI is easy to use. Take a peek at the JEE Advanced 2016 page, for instance.

    The organization has a one-of-a-kind 25-member consulting staff that participates in phone chats with learners to assist them in making the best educational wise choices. It also offers a feedback section with over 50,000 opinions from alumni who are presently studying or have graduated from various universities.

    They added a detailed evaluation form through which people can submit their thoughts on institutes or programs. They edit, analyze, and sort these reviews periodically to identify that people receive accurate data. Rank and cut-off forecasts, as well as virtual counselling, will be included in the official app in the near term.

    Collegedunia – Startup Story

    Sahil Chalana, a BITS Pilani alumnus, created Collegedunia.com. The firm started operating as a specialized firm in 2014. According to him, there is a significant disparity between the facts and the accuracy of services that students search for during the pre-admission period.

    As a result, he came into the concept of Collegedunia.com and assembled a group of young and ambitious people. It’s a community of over 250 young folks, with an approximate age of 25, who wish to bring value to society.

    Limited knowledge can be harmful to the profession and college choices, which is where it will help. Its vast alumni network assists in providing relevant information to learners.

    The amount of material on the site is fairly comprehensive. You’ll find everything here, from renowned majors like medicine and law to practical and overseas study data.

    The goal of providing learners with the information they need to make better decisions about their job and alma mater set the ground for its creation. Both for guardians and learners, it serves as an effective collection of college/university data as well as professional material such as tests. Learners might look for institutions based on what alumni have said about them.

    Since the beginning, it has assisted thousands of kids across India (and beyond) in making informed selections about their careers and educational institutions. It has evolved from a handful of institutes and programs to be the nation’s market leader. Currently, the platform is the nation’s top institution rating site.

    Collegedunia – Business Model

    The entire basis of their revenue is paid advertising, which allows universities to promote themselves on the site, boosting the exposure of their listings across the web.

    Other than that, they use a Cost Per Lead (CPL) approach. They provide student data with the institution and earn money based on CPL. Learners can also enrol in those institutes, and they will obtain a CPL from the university officials for each admission to that campus.


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    Collegedunia – What distinguishes them?

    The firm says that its dataset, handpicked content, and periodic data updates are among the features that set it apart from the intense rivalry.

    Collegedunia – Funding and Expansion

    Founded in July 2014 with only a few institutions and tests, it now contains comprehensive data on over 15,000 institutes and tests such as the CAT, GMAT, and others. They strive to enhance their outreach to 30,000 universities and include all national exams by the end of this year, owing to foreign funds provided by Gaadi.com CEO Umang Kumar.

    The firm now receives over a lakh page views, which is lower than their rivals, but roughly 40% of their traffic is direct, which they believe is better than the rivals.

    Throughout two financing rounds, it has generated a net of $605.8K. Their most recent revenue comes from a Seed round on January 18, 2016.

    Date Acquired by Amount Transaction Name
    Nov 3, 2014 $163.8k Angel Round
    Jan 18, 2016 Umang Kumar $443k Seed Round

    Collegedunia – Competitors

    Careers360

    Collegedunia’s main competitor is Careers360. In 2009, Careers360 was created in Gurugram, Haryana. It works in the education software area. It makes $3.7 million less income than Collegedunia.

    Shiksha.com

    Shiksha.com is Collegedunia’s 2nd main competitor. It was created in 2008 and is headquartered in Noida, Uttar Pradesh. Shiksha.com, like Collegedunia, competes in the education software space. Shiksha.com accounts for 72% of Collegedunia’s earnings.

    CollegeDekho

    CollegeDekho is the third-largest rival to Collegedunia. It was formed in Gurgaon, Haryana, in 2015. CollegeDekho, like Collegedunia, is in the Educational Software business. It brings in $2.7 million less than Collegedunia.

    Collegedunia – Current and Future Plans

    Currently, the site provides data on approximately 15,200 colleges, 16,000 programs, and 330 tests. On the site, one may obtain all the detailed info about universities, including rating, region, and opinions. It has also developed an app-based UI, taking into account the simplicity of use of mobile apps. Its mobile app lets learners quickly and conveniently obtain all this data.

    It also works with campus fests, where learners can come up to the website and leave feedback on their universities. It intends to take its concept to another level soon, with an ever-growing knowledge base and notoriety. The firm’s goal is to provide end-to-end service for students’ entrance requirements. The aim is to engage the student tribe with the site in this way.

    Collegedunia Rewards for Reviews
    Collegedunia Rewards for Reviews

    With its reward-based structure, it has indeed begun student collaboration. Learners that contribute valuable insights about their colleges/universities might win significant cash awards through the site. So, in the long term, Collegedunia.com will provide more institutes and mentorship.


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    Conclusion

    India’s education sector is booming, and the country’s higher education system is unlikely to stagnate anytime soon. In the same way, the majority of kids seeking higher education is increasing. As a result, both students and faculty have a wide range of possibilities. It’s safe to assume that the industry is brimming with possibilities. However, India’s ed-tech industry is just beginning.

    Until now, Collegedunia has taken the appropriate moves toward securing this niche but vital sector. Only time will tell whether it can play its cards correctly and fulfil its commitments.

    Collegedunia – FAQ

    When was Collegedunia started?

    Collegedunia was started in 2014 by Sahil Chalana.

    What is Collegedunia’s business model?

    Collegedunia earns its revenue from paid advertising, which allows universities to promote themselves on the site. It also uses a Cost Per Lead (CPL) approach where they will obtain a CPL from the university officials for each admission to that campus.

    Who started Collegedunia?

    Sahil Chalana, a BITS Pilani Alumnus founded Collegedunia.

  • Grow as an Entrepreneur in the College for Successful Future

    To become a successful entrepreneur, one needs to dedicate time and energy to a business venture. Starting working on business gives a lot of time to know the in and out of business. But it takes willpower to start a business at any age as starting your first business while still in school is quite challenging. Balancing schoolwork and the entrepreneurial dream are often troublesome for students. But if you follow the right steps, starting a business in college can be easier.

    If you want to grow as an entrepreneur while in college, one needs to take appropriate steps. In college, an aspiring entrepreneur can learn the tactics and develop their network. You will have an opportunity to interact with all kinds of entrepreneurs and professionals in the market while in college, which helps you guide on how to start business in college and the journey forward.

    The world’s biggest names share more than just a few enviable accomplishments. Be it Mark Zuckerberg, Larry Page, Sergey Brin or Bill Gates. They all are billionaires who they made their fortune in the technology industry, as an entrepreneur in college when they started their business. They are living proof that you don’t need to be a graduate to start your own business.

    But if you’re contemplating on becoming an entrepreneur in college, then you should have a plan. Like any other venture you undertake, planning is a must. Research is the key to a successful planning. So, here are some tips on how to start successful entrepreneurial journey.

    7 Tips to Start Your Business in College

    7 Tips to Start Your Business in College

    More than 80% of students interested in starting their own business do not have the experience or the knowledge to do so. If you think of joining entrepreneurship classes, they teach an orthodox lesson “make it work the first time or it’s not for you”. Contest and classes generate a feeling that the first venture of the students is the one and only chance to prove themselves as an entrepreneur. Instead, they should teach to plan, apply, fail and repeat the process again until they get success. To be an entrepreneur in college is a tough journey but it is a matter of time which will be fruitful as per your hard work.

    Pay Attention

    When still in college pay attention as well as make the most of your time with your educators. While colleges have the duty to connect students to mentors, offer real-life experiences and send employable graduates into the workforce, students have the duty of making sure that they get the most out of their college investment as after college these mentors or experts are called consultants and will charge for the same information.

    Assess and Weigh Your Own Abilities & Disabilities

    Don’t rely solely on the entrepreneurship classes make your own evaluation regarding your skills knowledge and the goals you want to achieve. Rather than relying primarily on classes or in-house competition good entrepreneurship programs give leverage to local entrepreneurship communities for an internship, workshop and speaker events. The more you will know about your abilities and disabilities the better you’ll be able to maneuver yourself.


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    Find Business Ideas That Suit You

    Research the market thoroughly for the business idea which will suit you best. Your idea doesn’t have to be a million dollar idea to start with. Let’s say it’s an application which links the customer’s credit card and allows them to get grilled pizza delivered to their hotel rooms or paying guest accommodation with the click of a button.

    Test Your Idea

    The main mistake that new entrepreneurs make is putting a lot of time and money into ideas that are bound to fail. One of the reasons this happens with entrepreneurs is because they work and exist in isolation once they set up their businesses. Favorably you are still in college, surrounded by smart people whom you could ask for suggestions. If your business idea is fairly inexpensive you can make a rough scaled down version of it and test it out. Say in the case of the grilled pizza app, you can hang flyers and hand out the telephone number and see if somebody calls.

    Research Your Competitors

    Have knowledge of your competitors. You can add features to your product or services that your competitors do not have. This way you will get more leverage for your product or service. This is the strategy that is generally used by any competitor company.

    Search for a Suitable Mentor

    One of the most important and valuable assets an entrepreneur can have at any given age is a business mentor. A business mentor is a person who has functional knowledge and who is ready to offer his/her advice, guidance and support to run your business and help speed up your success.

    Use your Status as a Student for Leverage

    Finally, use your status as a student who is starting something cool to get tons of leverage and publicity. Start out by approaching your local radio station and newspaper. You can use the internet also in many ways for your promotion.


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    FAQs

    What business can a college student start?

    You can start a business of anything from sales & marketing copy, SEO content, essay writing, academic papers, or even simple proofreading.

    How can I start my own business with no money?

    Choose a small business idea with low startup costs. If you still don’t have enough money, you can finance your business idea through crowdfunding or investors.

    How to start a college business?

    Six steps to launching and growing a profitable business before you graduate college:

    • Step 1: Create a customer base
    • Step 2: Build an inexpensive prototype
    • Step 3: Create a simple one-page website
    • Step 4: Find your audience and get in front of it
    • Step 5: Keep your audience engaged

    What are the most successful small businesses?

    list of most profitable small businesses


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