Deal Alert: IAN invests in IndiaCollegeSearch

The Indian Angel Network (IAN) has invested in IndiaCollegeSearch (ICS), an online service that helps students with college admissions. IAN members investing in the company include Vikram Kant Upadhyaya, Anupam Mittal and Varun Khurana. Upadhyaya and Khurana will join the company’s board.

ICS, founded by Anirudh Motwani and Parul Bansal in 2010, was the first company incubated by IAN. It helps students with information, application forms and other services with regard to college admissions. The fresh funds will be used to expand its existing user base of 10 lakh students and 1200 colleges. The startup joined the IAN Incubator in 2011 and was mentored by Upadhyaya. ICS claims to have information on more than 7,000 colleges and that over 5 lakh admission seekers use its platform every month.

Source: NextBigWhat

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