College planning platform Univariety secures $1.1m

Univariety, a startup that aims to help students across India be better equipped to make career choices in the future, has secured US$1.1 million from online classifieds portal Info Edge.

The Univariety team / Photo credit: Univariety

Launched in 2015, Univariety operates an online marketplace for career counseling, guidance, and college planning services to students and educational institutions. It also works with schools across India to extend its products offline and supplement its digital offerings.

With the new capital, Univariety said it plans to further grow its business, focusing on product development, scaling up its alumni platform for schools, and deeper brand building.

Jaideep Gupta, founder and CEO of Univariety, said that the company remains focused on making career guidance and counseling mainstream for schools in India. “Our next phase of growth is focused on bringing in parents fully into the mix,” he added.

Univariety is owned and operated by International Educational Gateway, which serves students in Singapore, India, and the UK. To date, the startup said it has served over 100,000 students and has partnered with more than 350 schools across 60 cities in India.

Info Edge first invested in Univariety in 2017, acting as the sole investor in the startup’s roughly US$1.9 million raise.

It recently backed programming-focused edtech firm Coding Ninjas, pouring US$5.2 million into the India-based startup. The company also invested in online learning platform Adda247 late last year, leading its US$6 million series B round alongside impact investment platform Asha Impact.