The Indian Angel Network has invested in IndiaCollegeSearch, a search engine for college students which is also IAN’s first incubatee company. This round of investment was led by IAN investor members Vikram Kant Upadhyaya, Anupam Mittal and Varun Khurana. Upadhyaya and Khurana will join the company’s board.
IndiaCollegeSearch is focused on the education sector. Over 1 crore students in India enter college every year and a large percentage of these students need to make a choice of college based on a variety of parameters. ICS helps them with information, application forms and other services.
New funds will be used to expand its existing user base of 10 lakh students and 1200 colleges and invest in improving quality and depth of information it provides.
The startup, founded by Anirudh Motwani & Parul Bansal in 2010, joined the IAN Incubator in 2011 and was mentored by Upadhyaya. The website claims to have information on more than 7000 colleges and over 5 lakh admission seekers use its platform every month. It also allows students to apply directly to colleges and has processed over 50 thousand admission applications in 2013.