INTLBM
  • Home
  • Banking & Finance
  • Corporate
  • News
  • Technology
  • Blog
  • Lifestyle
  • Business
  • News
  • Magazines
  • Events
  • Videos
  • Magazine
  • Awards
  • Nomination
  • Get Listed
  • Submit Article
  • About us
  • Get In Touch
  • Sitemap
Facebook Twitter Instagram
Saturday, July 2
Facebook Twitter Instagram YouTube LinkedIn
INTLBMINTLBM
Get listed Submit Article
  • BANKING & FINANCE
  • TECHNOLOGY
  • CORPORATE
  • LIFESTYLE
  • NEWS
  • BLOG
  • EVENTS
  • VIDEOS
  • MAGAZINE
  • AWARDS
Facebook Twitter Instagram YouTube LinkedIn
INTLBM
You are at:Home » iDreamCareer Receives INR12.5 CR From Menterra Social Impact Fund

iDreamCareer Receives INR12.5 CR From Menterra Social Impact Fund

May 6, 2022Updated:May 6, 20222 Mins Read
Facebook Twitter LinkedIn Email
Share
Facebook Twitter LinkedIn Email

iDreamCareer (iDC), a leading edtech venture delivering a one-stop personalized career navigation solution, announced that it has received Rs. 12.5 crore in a round led by Menterra Social Impact Fund. The round saw participation from Swiss-based Artha Impact and follow-on participation from existing investors Atlanta, US based Gray Matters Capital (GMC).

According to sources, Indian students even now depend on peer and family for their career decisions with career guidance & counselling not available to most. 93% of Indian schools don’t have any counsellors impacting better higher education & career choices, particularly less privileged students. iDC’s solutions address this gap and help students make better, informed career choices. iDC will use the funds to add features like a one-stop university application, scholarship & financing  to its’ offering, expand the leadership team and implement advanced technology interventions which supported by a best-in-class counselling program will widen and deepen the impact of its work.

Ayush Bansal, Founder, iDreamCareer (iDC), said “Over the last 10 years we have partnered several multilateral organizations, governments agencies and corporates to deliver career counselling solutions to 20+ million students. This investment will help us build a leading career navigation solution focused on the future of work and studies.”

According to Mukesh Sharma, Head of Investments, Menterra,“This investment in iDC is to address the disparity faced by students, especially from poorer families and smaller towns to access quality information and counselling while making their education and career choices.”

In her comments, Smita Sircar, CEO of GMC, said, “We’re delighted to make a follow-on investment in iDC. It continues to be a compelling impact investment for GMC, as 85% of the career counsellors are women and the B2C offering enables girls to pursue a path towards meaningful employment of their choice.”

Press Release received on mail

Artha Impact EdTech Gray Matters Capital IDreamCareer Menterra Social Impact Fund
Share. Facebook Twitter LinkedIn Email
Previous ArticleReasons to pursue MBBS in the USA
Next Article Convin Raises INR 16 CR In Seed Funding

Related Posts

Galadari Associates Promotes lawyer Gerry Rogers to Partner

July 1, 2022

MEFMA Partners Department of Land and RERA

July 1, 2022

Microsoft for Startups proclaims graduation of second cohort of GrowthX Accelerator program

July 1, 2022

Comments are closed.

Latest Posts

Galadari Associates Promotes lawyer Gerry Rogers to Partner

July 1, 2022

JLW Secures TF contract with EDB for Masdar City DC Project

July 1, 2022

Dell Technologies unveils Dell AR Assistant aiding IT repairs

July 1, 2022

MEFMA Partners Department of Land and RERA

July 1, 2022
International Business Magazine
International Business Magazine
About

International Business Magazine is a Dubai, UAE based publication striving hard in line to carve a niche in an already aggressive and competitive world of Business and Financial Award Journals.
Contact Us: info@intlbm.com

Socials
Facebook Twitter Instagram YouTube LinkedIn
Copyright © 2022. International Business Magazine, LLC. | ALL RIGHT RESERVED.
  • Terms & Conditions
  • Privacy Policy
  • About us
  • Get In Touch

Type above and press Enter to search. Press Esc to cancel.