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Career information portal Careers360 raises angel funding, to launch online education marketplace

Delhi-based Pathfinder Publishing Pvt Ltd, the company behind Careers360, a career information portal for students, has received an undisclosed amount in angel funding from a group of investors, including Mahesh Murthy, co-founder of Seedfund; Ranjan Pai, MD and CEO of Manipal Education and Medical Group and Satya Narayanan of Career Launcher, besides two financial investors.

"Over the next couple of years, we are aiming to launch an education marketplace, calledMyCareers360.com. This marketplace would help students evaluate, compare and purchase products and services on all parameters - quality, suitability and price," said Maheshwer Peri, founder of Careers360.

Founded in 2008 by Peri and Rajesh Jain, Careers360 is a student community and career counselling platform, which aims to help students take informed decisions. It offers career advices and information on education, jobs and professional options to the youth aged between 17 and 25. Careers360 claims its portal had monthly page views of more than 8 million by May 2014. In addition to an online platform, it also has presence in print, web, mobile and TV.

"What Careers360 has achieved in such a short time despite competition from very big entities is remarkable. Looking at the performance and capabilities of the team at Careers360 and the need for such a market place, I am delighted to be a part of their endeavour," said Pai.

(Edited by Joby Puthuparampil Johnson)

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