YourNextLeap.com Raises Series A Funding From Nirvana Venture Advisors
YourNextLeap.com, Pune based Internet product start-up (demoed at UnPluggd3 event) has raised Series A investment from Nirvana Venture Advisors (a fund anchored by the Patni Family). Founded by Suruchi Wagh, YourNextLeap.com (rebranded entity) is a web-based recommendation engine which acts as a virtual career counselor for students to make smarter career decisions.
NextLeap has been a regular on Pluggd.in with new feature launching regularly. Here is a nextLeap in the team’s own words.
nextLeap is a recommendation engine which acts as a virtual career counselor to help students make smarter career decisions. It involves a suite of applications, which use psychometric evaluations and math models on past admission patterns, to give out personalized suggestions.
The recommendation engine gets updated with the latest career trends via its users through a strong feedback loop, thus getting better with more usage.
Applications like University Suggestor and College Suggestor help students increase their chances of admissions into Colleges and Branch Suggestor helps students choose stream of study.
nextLeap has a freemium business model, where basic recommendations are free and advanced recommendations are paid for.
Post funding, Amit Patni, from the Patni Family and Rajan Mehra, formerly the Country Head for eBay in India, join the Board of Directors.
The company was launched in October 2010 and the investments will be used for scaling up and growing the team. Mohit Gundecha, formerly the Head of India Operations for mig33, joins the company as the Co-founder and CEO.
Here is founder, Suruchi talking about nextLeap @UnPluggd – India’s largest startup event.
Recommended Read: Can Indian Women Handle Startups ? (article by Suruchi Wagh, founder of nextLeap)