<div><em>EduKart, has joined hands with more than 90 course providers, writes <strong>Manish Kumar Pathak</strong></em><br><br><br>EduKart, an online education based service, has raised $1 million from Holostik Group’s United Finsec (family office arm), Yuvraj Singh's YouWeCan Ventures and prominent early stage fund 500 Startups. </div><div> </div><div>A Delhi-based startup, EduKart, has joined hands with more than 90 course providers and is looking to support and endorse enrolments in more than 2000 courses in K12, entrance coaching, degrees, diplomas, short courses and industry relevant certifications through the marketplace. </div><div> </div><div>“The incoming funds will be utilised for further upgrading the marketplace platform, increasing course portfolio and strengthening marketing efforts.” said Ishan Gupta, CEO of EduKart.com, who is a Stanford University (USA) alumnus, ex Facebook employee and early Paytm team member. </div><div> </div><div>EduKart in its short but rather promising journey has been successful in helping students and parents build education related decisions based on proper information. Also, it has given various course providers a platform to spread out their reach to Tier 2 and Tier 3 cities across India. </div><div> </div><div>“Through its services like dedicated counselling support and flexible payment options, EduKart is establishing itself as a go-to destination for figuring out one’s educational needs.” said Ankit Gupta, head of strategy and investments for Holostik Group and alumnus of Harvard Business School.</div><div>“I’m really excited to be a part of the EduKart journey. I have always believed that following your passion is very important in life. At the same time, a focus on education is also a must in today's cut throat competitive environment.” said Yuvraj Singh, ace cricketer and founder of YouWeCan Ventures.</div><div> </div><div>The education market in India still wears a rather disjointed look, and this is where EduKart is hoping to find its foothold as education sector of India is pegged over $60 billion, with approximately 50 per cent in higher education sector, 40 per cent in K12 sector and 10 per cent in coaching, skilling and other non-formal areas with thousands of educational institutions and companies in each of these areas.</div><div> </div><div>“Education spending is on the rise among the tech savvy Indian middle class. I believe that the online distribution of education products and services will have significant growth in the coming years”, said Pankaj Jain, 500 Startups.</div><div> </div><div>Other investors who were present in the recent round of funding included Vijay Shekhar Sharma (Founder, PayTM), Manish Kheterpal (Ex Director of Providence Equity Partners), Amit Patni and Arihant Patni of Patni family, and Stanford Business School’s alumni angels.</div><div> </div><div> </div><div> </div><div> </div>
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