AdmissionMania, a Gurgaon based college discovery startup raised an undisclosed amount of funding from a Kerala based serial entrepreneur, whose name is unknown as of now.
The startup, focuses on aggregating the colleges in and around Gurgaon based on the availability of courses, popularity ratings, affiliations etc. The 6 months old bootstrapped-startup, during its existence claims to have channeled around 100 admissions to the partner colleges, with their cash back offers on admission.
The founders Sahil Bhardwaj, Aadith Sasi and Gaurav Bhardwaj, first time entrepreneurs, using all the conventional and unconventional methods of marketing and publicity seems to have a clear plan with them to further improve the quality of education, ease of finding colleges/courses, and even to handle the admission process for partner institutions.
According to the trio, the next immediate milestone would be to organise student interactions programs to further increase the number of admissions to a a mark of 1000 by the end of upcoming admission season.
We are focusing on improving our partner relations so that we can have almost all the institutions around NCR to sign up with us, so that we can be a one place stop for students and parents to find courses and colleges, and get admissions very easily – obviously, with a cash back on fee amount paid.
The company plans to use the first ever funds that they raised from an outside investor as a seed, to support their institutes on boarding efforts, marketing, and improving the tech stack.
As per the analytics, the site got more than 20k visits in a span of two days, through a marketing effort the founders made which led to the sign up of more than 30% of the users which clearly gives a positive signal on the idea as well as the strategy.
The investment amount and the name of investor/investors are not disclosed.