CollegeDekho Buys SFS to Expand College Counselling and Study Abroad Services
Gurugram-based edtech startup CollegeDekho has acquired Delhi-based overseas admission consulting firm Scholarship Facilitation Services(SFS) for an undisclosed amount. CollegeDekho provides information related to colleges, entrance exams, scholarships, etc. In 2017 is started a study abroad business where it helps and does counseling for students who want to study in countries like Canada, Germany and Russia. Founded in 2012, SFS offers visa assistance and tutoring for tests including the SAT, ACT and GRE.
“With this acquisition, we get the bandwidth for a much larger geographical coverage internationally. CollegeDekho’s technology will help in expanding the product portfolio, thus catering to a wider audience,” said Ruchir Arora, Co-Founder and CEO, CollegeDekho. With this acquisition, CollegeDekho wants to expand its services across many other countries to help and provide counseling to students who are looking to study in the US, Europe, and Southeast Asian countries. The combined companies want to grow the number of satellite test prep and counseling centers to over 25 by next year. Through this acquisition, CollegeDekho and SFS aim to broaden their students counseling services to help a larger population of students go abroad and also aim to increase their test preparation and counseling centers to over 25 by 2020.