CarDekho Group, the parent company of autoclassifieds startups CarDekho and BikeDeho, has invested $10 Mn (INR 89.9 Cr) in its edtech subsidiary, CollegeDekho, to strengthen its presence in non-metro markets.
Founded in 2015 by Ruchir Arora, Saurabh Jain, Rohit Saha and Rajiv Singh, CollegeDekho connects students with colleges, offering information on courses, admissions, exams, and scholarships. Besides, it also provides centralised application tools and personalised counseling for both Indian and study-abroad options.
In a statement, the startup claimed that CollegeDekho has partnered with 2,000 universities and colleges till date, and enables these institutions to offer skill-based online courses on its platform in streams including humanities, management, computer science and design. It has also acquired multiple training institutes to offer its own courses.
“As we progress, after attaining profitability, this will accelerate our efforts to expand quality education and skilling pathways, leverage technology to improve student outcomes, and work closely with institutions to bridge the gap between education and employability,” CEO Ruchir Arora said.
The company is yet to file its financial statement for the fiscal year FY25. In FY24, it had posted a 32% YoY uptick in its operating revenue to INR 216 Cr. However, it posted a net loss of INR 129 Cr, the same as what was reported in FY23. Its main areas of revenue include commission on admissions, marketing and advertising, and online coaching services.
It has raised $90 Mn to date in external funding, the latest being $3.5 Mn in an undisclosed round raised in April 2025, as per Inc42 data. CollegeDekho competes against the likes of LeverageEdu, CollegeDunia, Embibe, and GetMyUni.
CarDekho’s investment in the edtech startup comes at a time when the group is focusing on internal restructuring and achieving consistent profitability.
Founded in 2008 by Amit Jain and Anurag Jain, CarDekho Group operates companies across auto classifieds CarDekho, BikeDekho, ZigWheels and Powerdrift; fintech firm rupyy; shared mobility businesses Revv and Carrum; InsuranceDekho, among others.
The group recently merged its insurtech arm InsuranceDekho with RenewBuy, leading to the merged entity commanding a valuation of around $1 Bn.
Further, the group was also in talks with listed auto classified platform CarTrade for a potential acquisition of its used automotive classifieds businesses, CarDekho and BikeDekho, last month. The two companies called off the discussion mutually later.
Notably, the internal restructuring for CarDekho comes at a time when it has had to defer its IPO plans. The company is currently focused on achieving consistent profitability and operational restructuring.