According to 2018's census, the population of India is 135.26 crores. Among these 135.26 crores, there are about 37.4 million students in India. All of the 37.4 million students are not concerned with their studies or career. But few obviously are. Some are concerned about their colleges. They don't know what to do after 10+2. Management problems also rise at times.
Univariety is the app that provides guidance to the students concerned. Guidance related to their careers as well as choosing colleges through various tools, counselling, etc. Read the Univariety success story below to know more interesting facts about the company.
Company Highlights
| Startup Name | Univariety |
|---|---|
| Headquarters | Hyderabad, India |
| Founder | Jaideep Gupta |
| Founded | 2011 |
| Sector | EdTech |
| Website | univariety.com |
Univariety - About
Univariety - Founder And Team
Univariety - Business Model
Univariety - Revenue Model
Univariety - Tagline, Slogan And Logo
Univariety - Funding And Investors
Univariety - Competitors
Univariety - Growth
Univariety - About
Univariety is a unique guidance platform for students. It offers the schools an unparalleled service experience in the form of a comprehensive career and college guidance solution for the students, counsellors, parents and also the school management system. The company aims to be a marketplace with students in the centre for the college admission process. It's the leading career counselling and college guidance platform for schools. The mission of the company is to help the students to get admitted to their dream university.
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Univariety - Founder And Team
Jaideep Gupta is the founder and CEO of Univariety. He is the leader to drive the force behind the scenes. He pursued his BBS in Finance from Delhi University. Then he did his MBA in Finance and Strategy from the SVKM's Narsee Monjee Institute of Management Studies. He worked as a Derivatives Trades Analyst at the GE Corporate Treasury. He was also selected to be a part of the premier leadership program. He also worked as the Associate Director at Ernst & Young Corporate Finance. He was selected as the Senior Manager & Area Director and Vice President for a few years. Presently he is at Singapore working at Univariety.
Univariety - Business Model
The company collects a fee for connecting the capable students to the universities. The commission is $20-50 per student in case of any foreign universities. It is for Rs 300-500 in case of domestic institutions. The commission is irrespective of whether the students join the university or not. Business management is a very important thing here. Relevant knowledge, essential skills are necessary to understand the economy.
Univariety - Revenue Model
The company generates $2 million in terms of revenue. Starting from serving 80 schools it took the number to 150. Students can select 2 to 3 courses and in the next 3 months, he/she gets all course-related information. This helps him/her to pick a single course. As counselling and teacher training programs are a part the service price went to Rs 2 lakh from Rs 25000. It helps students from almost all over India.
Univariety - Tagline, Slogan And Logo
The tagline of the company is Discover and be discovered.
The company uses especially blue and green along with it's few shades. The word Univariety starts with a green box. Within the green box, a U is found written in the capital letter with white colour. The rest nivariety is written with blue colour in small letters. Below the word Univariety, the slogan of the company is found. Discover and be discovered is written with black in normal running handwriting. A bird is found in the right-hand side which is blue and green in colour. Three shades of green and two shades of blue colour are used in the bird.
Univariety - Funding And Investors
Univariety has raised a total amount of $3 Million in funding over the 2 rounds.
| Date | Transaction Name | Money Raised | Lead Investors |
|---|---|---|---|
| March 21, 2020 | Corporate Round | $1.1 Million | - |
| December 20, 2017 | Series A | $1.9 Million | Info Edge |
The company has got only 1 investor. It is funded by Info Edge.
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Univariety - Competitors
The top competitors of Univariety are GetmyUni, MapMyTalent, CareerGuide, CollegeBol, MINDLER, CollegeSearch, and Careerfutura.
- GetMyUni is a platform where students can apply to get admitted into top colleges of India. It also gives details about the fees, courses, scholarships, placements and reviews.
- MapMyTalent is a career counsellor expert that offers guidance based on scientifically designed Aptitude Test.
- CareerGuide provides instant career guidance to the students. It also enables users to browse career options.
- CollegeBol is a platform that helps the students to select a college. Based on the course wise reviews and ratings. These are given by the former or the current students of India.
- MINDLER helps the students to find the perfect career, college, stream and courses. It takes the help of India's best counsellors to perform the task.
- CollegeSearch provides information to the students about universities and examinations. It also helps the students to compare colleges and universities.
- Careerfutura provides career counselling in an innovative way. It also provides the Aptitude Test to the students.
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Univariety - Growth
The journey of the company began in 2015. In between the years 2015 - 16 the company crossed 100+ partner schools. In between the years 2016 - 17 the company again crossed 350+ partners school mark. In between the years 2017 - 18 the company became a proud addition to the Info Edge Private Limited family. Info Edge will invest again within the next 2 coming years. Usually, the company uses the fund to make its tech stack strong and increase its customer base.
Almost everyone dreams about a golden career of their own after 12th boards. Some of the students get confused. Some remain excited. But these all are a part of the journey. Univariety was always there and is still with the students to help them find out the best. It helps the students to chalk out their career and choose a stream. They prepare the students for the admission procedure to get them flexible for any kind of interviews that would take place in the future.
Author: Purbalee Dutta
Source : https://startuptalky.com/univariety-success-story/
Date : 2020-09-20T14:20:40.000Z