Cialfo raises US $3 million in a Series A funding round
Cialfo, a Singapore based educational startup has raised US $3 million in a Series A funding round. The funding round was led by DLF Venture, SEEDS Capital, YK Capital. Cialfo is an educational platform that makes college application management simple, efficient & accessible for students, parents and counsellors. The company was founded in 2012 and by now it has secured a total funding of US $5 million. Educational institutions can use this app to help their students secure placements in top colleges. Rohan Pasari, Co-founder and CEO of Cialfo, said “the company has also secured partnerships with The Common Application and Parchment to support electronic document delivery to colleges and plans”. The edtech startup would use the raised fund to expand their operations in the U.S education market and the company is seeking a target revenue of US $2 billion, which would help them make their impact in the education industry.