Cleary Gottlieb represented Winter Capital, an international private equity/venture capital firm, in a Series B funding round for CollegeDekho, an Indian college admissions and education services platform.
The transaction was signed on August 30, 2021, and closed on September 4, 2021. Other notable investors in CollegeDekho include funds ETS Strategic Capital, Calega, and Man Capital.
CollegeDekho is one of the largest and fastest growing college admissions and education services platforms in India aiming at institutionalizing higher-education counseling while connecting prospective students with colleges across geographies, using its proprietary technology and AI-based solutions. CollegeDekho also owns India’s largest common application form platform which enables students to apply to multiple colleges at the same time. With over 800 partner colleges as its clients, CollegeDekho has more than 35,000 colleges listed on its website and offers latest information on admission, entrance tests, infrastructure, courses, and careers. Between its inception in 2015 and 2021, CollegeDekho has counseled over 2 million students. CollegeDekho’s website has a monthly audience of approximately 15 million unique users.
Winter Capital specializes in private equity and venture capital investments in Europe and emerging markets, with total assets under management worth more than $1 billion in investments into fast growing companies in sectors, such as healthcare, education, financial services, retail, and technology.