One of India’s leading career counselling and college guidance platform Univariety has raised $1.1 million from premier online classifieds company Info Edge India Ltd.
This is the second round the Hyderabad-based startup has received funding from the Noida-based company within less than three years. The startup first raised funding from Info Edge in 2017, making the company as the sole investor in the startup’s roughly $1.9 million raise.
Launched in 2015, Univariety provides an online marketplace for career counselling, guidance, and college planning services to students and educational institutions. It aims to help students across India be better equipped to make career choices in the future. The startup believes that career planning matters more than anything else, and that a student that is self-assured and has ample guidance is better equipped to make choices that are aligned to his personality, interest and ability, ensuring lesser stress and a better future.
Owned and operated by International Educational Gateway Pvt. Ltd., Univariety claims to have served over 1,60,000 students and have partnered with more than 600 premier schools across India, Singapore, Indonesia and Dubai.
The company plans to use the fresh capital to further grow its business, focusing on product development, scaling up its alumni platform for schools, and deeper brand building. According to Jaideep Gupta, Founder and CEO, Univariety, the company remains focused on making career guidance and counselling mainstream for schools in India. He said that the new products will be unique and will support the students and parents in making decisions along the career journey.
Univariety is a blended career guidance platform for schools. Driven by one single mission – Make Career Guidance Mainstream in Schools – Univariety’s unique guidance platform offers schools an unparalleled service experience in the form of a comprehensive career and college guidance solution for the students, counsellors, parents and school management.
Commenting on the investment, Hitesh Oberoi, MD and CEO, Info Edge, said,
“India is witnessing a growing need for students to make more informed choices about their future. Univariety has succeeded in making career guidance mainstream in K-12 education, by partnering with hundreds of schools. The next phase of career guidance is about preparing students for the skills and careers of the 21st century, many of which don’t even exist today.”
Univariety believes that career guidance is an integral part of mainstream education in schools. It aims to make every progressive school of the country to provide a comprehensive guidance experience to all its students.