GetMyUni aims to help students during their lifetime â€“ from finding the right college to getting the right industry exposure via internships and fresher jobs. It helps students choose the right college with the help of following features:
Student Reviews: They can read the opinion of the students enrolled with the particular college. It provides over 25,000 student reviews from over 5,000 colleges across 7 different countries.
Data Insights: Students can obtain useful information like cut-offs, accommodation and hostel costs, placement opportunities and stipends transparently directly from their peers.
Student Networking Platform: Students can freely communicate with current/past students to get answers to all their queries and make an informed education choice.
Story behind GetMyUni
While choosing their post-grad colleges, both Hardik and Upneet struggled to get relevant peer information and communicate with fellow students/alumni to understand the pros and cons of each college. â€œThere was scattered information available on different forums and we mostly had to rely on our personal connections to get peer informationâ€ said Upneet.
To solve the aforementioned problems, both Hardik and Upneet quit their jobs in December 2014 and started their venture GetMyUni with Om Shanker, the tech lead at GetMyUni.
How well is it doing?
GetMyUni has over 25,000 student reviews from over 5,000 colleges in 7 different countries. It has more than 30 clients so far which includes bigwigs like Zomato, BlaBlaCar, Times Internet, Grofers and many others.
The startup had raised a seed round from Times Internet and currently is focusing on building a scalable product.
The startup aims to strengthen its position and establish themselves as a one stop solution for all student needs. It will be adding new products and verticals and are modeling on a US public listed educational hub Chegg.com.
Market size and market opportunity
Other portals which provide college information are Shiksha.com, Indiacollegesearch.com, Careers360.com and forums like Pagalguy also exist to help students take a prudent decision about their careers. Education in India is a big and booming market. By 2014 figures, India had over 35,000 colleges, 700 universities and a domestic student enrollment of 28 million. India is the second largest country to send students abroad â€“ over 283,000 students left India in 2013 to study abroad.
Out of the 35,000 colleges, 60-70% of them engage in marketing activities to recruit students. Average annual marketing spend for these colleges is approx. $4,000-5,000. Thus the total market size ranges from $0.8 billion-1.2 billion.
The future of this market looks promising as the student enrollment figures are growing and a lot of private players (colleges) are entering the market (with higher budgets). The total fresher hiring/internship/live project market in India is around $300 million (based on 28 million enrolled students and 5.5 million graduates in 2014 of which 38% were employable).