By 2024, the company hopes to have over 1 lakh students on the platform
Woostudy, based in New York, has announced the opening of its operations in India, claiming to be the world’s first AI-powered edtech marketplace. By 2024, the company hopes to have over 1 lakh students registered on the platform, thanks to a relationship with over 5000 institutes and 500 counsellors across the country. WooStudy’s launch into India comes at a time when the tech sector in India is expanding, with record investments in the last two years. The sector is also consolidating as the hybrid-education model gets traction.
WooStudy was launched in 2019 with the goal of creating a simple online platform that connects students, counsellors, and universities, making the entire admission process easier, from university/course selection through application filing and admission formalities fulfilment. According to the portal, it has already onboarded over 10,000 students and offers thousands of courses from over 7500 active universities.
The online aggregator platform, which is funded by Sputnik ATX, an Austin, Texas-based venture capitalist fund, raised $100,000 in its pre-seed round in February 2021. The firm is currently active in the United States, Canada, Australia, Nigeria, and Pakistan, among other countries.
“WooStudy is a first-of-its-kind AI-enabled platform that uses Big Data and AI to automate the student university engagement process, from career guidance to university selection to actual admission, and provides a one-stop interactive solution for the three key players in the education eco-system: domestic and international educational institutes, counselors, and aspiring students.” We’re very thrilled to bring this platform to India and expand the learning and development options for students who want to advance their professions quickly. We have a solid staff in India, and we are confident that by working together, we will be able to make WooStudy the most popular online aggregator platform for career advice and opportunities,” says the company. WooStudy co-founder Dinesh Mittal stated.
Nitish Seth, a seasoned executive with over 28 years of experience in the textile and hospitality industries, has been appointed as the company’s Chief Strategy Officer for India.
“We are really thrilled to collaborate with the worldwide WooStudy team to deliver this new platform to Indian and foreign students, counselors, and universities.
” We are convinced that WooStudy will quickly become one of this community’s most reputable marketplaces. We have aggressive expansion ambitions for the region, and we’re now concentrating on creating a great workforce, expanding our technological platform, and forming the proper partnerships, all of which are important to the company’s success in India,” Nitish Seth said.