Edtech Startup Cialfo Raises $20 Million In Funding From Tiger Global

Edtech firm Cialfo has raised $20 million in a Series B extension round from Tiger Global as it looks to expand its presence in India.

The startup raised $40 million in the first leg of its Series B round, and with this extension round, Cialfo has raised a total of $60 million in Series B.

Cialfo | Connecting Students To Higher Education Institutions Globally

Started by Rohan Pasari and Stanley Chia with William Hund, a serial entrepreneur, in 2017, Cialfo is leveraging technology to connect students to higher education institutions around the world. It enables students to get in touch with counsellors, across 100 countries, for the university application process. 

Speaking about the development, Rohan Pasari, Co-founder and chief executive officer (CEO) of Cialfo, said,

“Our focus remains on evolving with speed and at scale. This funding will help us to do just that. It will also allow us to invest in continuous product development for personalised and practical support to our community of students, counselors, and universities.”

Cialfo is on a mission to transform the higher education landscape through AI-driven solutions that simplify the college application and career guidance process. The edtech startup has at least 170 employees working across India, Singapore, China and the US. Additionally, the startup claims to have enrolled more than 300 high schools and 60 universities, as members, on their platform.

As per Rohan. the startup plans to use the capital for growing its operations in critical markets and expanding its 360 offerings to include scholarships.

Cialfo works with Imperial College, London, The University of Chicago, Spain-based IE University, and over 1,000 colleges across 50 countries.

With this investment in Cialfo, Tiger Global now boasts a strong edtech portfolio. The VC firm has also backed Vedantu and Delhi-based Classplus.

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