Career360 Secures a Funding Round From a Group of Angel Investors.
A career information portal for students by the name of Career360, has recently manage to gain a hold of a currently undisclosed amount of angel funding from a group of investors, these included Ranjan Pai of Manipal Group, Satya Narayanan of Career Launcher and Mahesh Murthy of Seedfund, and two more financial investors.
Founder of Career360, Maheshwer Peri, commented on this recent investment by stating, “Over the last five years, we have worked hard to create India’s most trusted brand for the students. Our objective is to be credible, complete and comprehensive, and help students take informed career decisions. Over the next couple of years, we are aiming to create India’s largest education marketplace. This marketplace would help students evaluate, compare and purchase products and services on all parameters — quality, suitability and price. This platform of mycareers360 would be independent from our information portal careers360.com.”
“The fact that eduprenuers, financial experts and digital media experts have come together to mentor us is a validation of our plan and the opportunity. We aim to make this platform the largest in India,” he added.
Initially founded by Peri and Rajesh Jain of Netcore Solution, the platform bridges information gaps and helps out the students to make informed career decision. It reaches out to students through the use of multiple platforms (print, web, mobile and TV).
Pai Of Manipal Group commented on this deal by stating,“What Careers360 has achieved in such a short time despite competition from very big entities is remarkable. Looking at the performance and capabilities of the team at Careers360 and the need for such a marketplace, I am delighted to be a part of their endeavour.”
Careers360 boast to gain monthly page views that reach as high as eight million.
Murthy said, “Students in India have come to respect the unbiased editorial of Careers360, and this has led to its dominance in the school selection space. I’m happy to help the company and brand grow even faster.”