Singapore-based Cialfo raises $20 million

The recent funding will strengthen Cialfo’s ability to capitalize on increased demand for international student mobility and virtual college recruitment

The recent funding will strengthen Cialfo’s ability to capitalize on increased demand for international student mobility and virtual university recruitment

Singapore-based edtech Cialfo has secured another $20 million in funding, led by US investment firm Tiger Global.

Earlier in January, the company, co-led by global investment firm Square Peg and Australia-based SEEK Investments, raised $40 million for a total of $60 million. To date, Cialfo has raised $77 million, it said in a statement.

The company plans to use the fresh capital for continued product development, to expand its operations in critical markets like India, and to expand its offering to include special scholarships for students, said its CEO and founder, Rohan Pasari.

The latest funding will strengthen Cialfo’s ability to capitalize on increased demand for international student mobility and virtual college recruitment, it said.

Cialfo is a global edtech company and student-focused career research and college application network dedicated to improving access for millions of students worldwide. Its mission is to make education accessible to 100 million students worldwide by 2030.

It started its operations in India in 2019 and has already welcomed more than 300 high schools and 60 universities as members. Its platform currently connects over 2,70,000 students, their advisors and families with more than 1,000 colleges in 50 countries.

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