EduDharma is the India’s first online Institution based Crowd Funding Scholarship Platform where students can create a detailed profile of them and share their financial needs to raise money for their schooling/collegiate education
Coimbatore, Tamil Nadu -- (SBWIRE) -- 06/30/2017 -- EduDharma is the India's first online Institution based Crowd Funding Scholarship Platform where students can create a detailed profile of them and share their financial needs to raise money for their schooling/collegiate education. EduDharma aims to bring the needy students and academic advocates/alumni's together to remove the financial barriers often associated with education. Based on the concept of crowd funding, EduDharma allows well scrutinized deserving students to showcase their educational progress as well as aspirations, and place their financial needs in front of registered Philanthropists/Alumni's seeking donation for their educational needs. Alternatively, in order to donate, potential philanthropists/Alumni's may also search deserving students based on various parameters they believe in as criteria, such the school attended, GPA, location, SOP, Achievements etc. In totality EduDharma creates the critically necessary bridge that is missing between the students and Philanthropists/Alumni's.
By showcasing academic achievements, students are able to garner donations from supporters to further their educational career. Designed to make scholarships available to all students regardless of grades or background EduDharma aims to make online educational funding available to students nationwide.Edudharma.com is a crowd funding platform for helping students from economically weaker sections to pursue their dreams. During the pilot stage Edudharma.com has supported 200+ Students across India to raise funds for their Academic fees, Sports, Innovation and Social needs. The Platform as on date has raised about 60 + Lakhs online.
Successful Campaigns: https://www.edudharma.com/campaigns?sort=desc
Recently the Android and IOS Mobile application for Edudharma was launched by Shri. Amitabh Kant IAS, CEO of NITI AYOG, Govt. of India.
Edudharma has announced the successful Series A fund raising round from Mr. George Molakal, American Investor and CEO of Alcor Fund, A graduate of Harvard Business School and Oxford University. George is keen to grow the company to a $200 million rollout within the next three years and reaching out to all five continents.
The core value behind Edudharma is to create a more direct and transparent channel for alumni to connect with students, in turn supporting alumni engagement in on-campus programs, Student needs and initiatives. Rather than crowd funding being the focus of the platform, we see it as a technological tool for pooling resources from Alumni's and supporters for the institution and universities.
Edudharma has already partnered with 85+ institutions and universities in India and has supported various crowd funding campaigns by universities in South India. With the Series A funding the team is looking to advance the technology with various features and expand the partnerships with institutions and universities across India and Global level.
This is the 1st Social Enterprise to raise Series A Funding in India in the space of Education and University Crowd funding.
About George Molakal, CEO of Alcor Fund:
George Molakal – MBA
- A global investor in emerging markets and high-end tech startups.
- A graduate of Harvard Business School and Oxford University Alumni.
- 30+ cross-border Mergers & Acquisitions transactions from US to India, MENSEA & China.
- Wide global cross-border M&A experience.
- Fellow of Ashoka Innovators for the Public – Arlington, Virginia.
- Global Industry speaker and published several books and papers on global M&A
Founded on January 12th, 2016 – National Youth Day by a team of young social entrepreneurs from Coimbatore. Seed funded by Dr. Madan A Sendhil, Chairman, Rathinam Incubation for Social Enterprise (RAISE), Coimbatore.
Padmanaban Gopalan - Founder
Balaji N - CEO
Shri Bhahinei - Chief – Operations
Devaneyan - Chief – Technology
Siddharth - Chief – Creatives & Outreach
Mohammed Ali - Chief – Marketing
Shyam Raj - Institutional Relationship
Maharaja - Mobile Developer
Madheswaran - Web Developer
Manivel - Customer Support
Rathinam Techzone, Pollachi Mainroad,
Eachanari, Coimbatore, Tamil Nadu 641021
For more information on this press release visit:
Media Relations Contact
Email: Click to Email Edudharma