The company raised around C$375 million in its Series D round of funding led by Ontario Teachers’ Pension Plan in June 2021, which elevated ApplyBoard’s market valuation to C$4 billion.
With the emerging demand of digital platforms, especially in the education segment, edtech establishments are on a continuous surge to scale up their operations and elevate their presence in the market. Similarly, Canada-based edtech corporation ApplyBoard stepped forward to expand its presence in India earlier in October 2021, by setting up a new office in Gurugram.
The Co-founder and COO (Chief Operating Officer) of ApplyBoard, Massi Basiri told Financial Express that the company has observed a “pent-up” demand from students around the world, especially after the Covid-19 outbreak. The edtech service provider is reportedly growing its global presence in order to meet the market demand. He further expressed that investing in India stands witness to the strength of the India team as well as “growth of the region.”
He claimed that the ApplyBoard’s student-reach observed growth even during the pandemic. The global education provider became the “go-to” option in 2020 for students who could not travel, which contributed to the company’s continuous growth throughout 2021.
In the regard of ApplyBoard’s plans in India, its advisory board Chairman, Jo Johnson said that the company is currently delivering its services to thousands of students in India as well as Indian recruitment partners with around 1,500 schools established in the US, Canada, the UK, Australia, etc., and the company’s expansion in India will draw in more Indian students and help them during their education journey.
ApplyBoard helps students to apply to their desired schools and study abroad by accessing a single platform.
ApplyBoard’s Indian operation head, Karunn Kandoi said that through their team of experts, they facilitate a hassle-free application process, thereby assisting students to pursue their dreams of studying abroad. He added that the India team is keeping updates and a close watch on the guidelines and news regarding travelling and vaccination which will perhaps affect Indian students’ education journeys.
ApplyBoard chalks out plans to help students in India with the company’s advanced technology delivering seamless experience to its users. Basiri stated that the company will augment the investment in R&D (research and development) in order to develop products which will contribute to a simple and easy application process for students.
Founded in 2015 by brothers- Massi Basiri, Meti Bassiri and Martin Basiri, ApplyBoard serves education technology services which primarily revolve around its application platform. It offers an AI (Artificial Intelligence) recruitment platform that helps students from all around the world to apply for post-secondary studies abroad.
The edtech company also owns a tech-driven platform ApplyProof, launched in October 2019, which offers peer-to-peer verification of LoA (Letters of Acceptance) from a university.
The company raised around C$375 million in its Series D round of funding led by Ontario Teachers’ Pension Plan in June 2021, which elevated ApplyBoard’s market valuation to C$4 billion.
