Scholify is a Scholarship Platform that Appeared in Shark Tank India Season 1 Episode 30. Its founder has asked for ₹50 lakhs in exchange for a 7.5% share of his company. This is Scholify India’s Best Scholarship Platform Discover Platform, the user can take his scholarship through this.
India is a growing country, so there are many students in India who want to study at a higher level but due to lack of money they are unable to study. Students depend on scholarships to study but corruption is also happening in India regarding this scholarship. Studying has been made a business in India, people do not think once before doing anything for their own benefit.
What Is Scholify?
Scholify is an education tech company featured in Shark Tank India which provides scholarships to the students for studies. This scholarship is a mobile application, in which the user gets more than 1000 scholarships. The student can match his ideal scholarships in a very short time.
Through the scholarship, the student who is already eligible can easily fund it to take his ideal scholarship. It provides a platform to the student that the student can fund an affordable scholarship in a very short time. Students who used to go everywhere for scholarships, now it will be easy for them to get scholarships, they can take scholarships with one click.
The Scholify is for the help of the student, the student can continue his studies. This startup was started in 2018 in Bangalore, Karnataka, India, it is a B2B and B2C business model. The legal name of this business is Credivel Solutions Private Limited.
Scholify Shark Tank India Update
|Product||Easy assistance in scholarships all over India, connect with top professors|
|Asked For||₹50 Lakhs for 7.5% Equity|
|Final Deal||No Deals|
|Episode (Shark Tank India)||Season 1 Episode 30|
|Business Status||In Business|
|Net Worth/Valuation||₹5.67 Crores|
Who Is The Founder Of Scholify?
Mayank Pareek is the founder of Scholify, an entrepreneur and marketing expert based in Bangalore, Karnataka, India. He did his post-graduation in the marketing field from Woxsen University. He has worked in Aditya Intellectuals Company for 1 year. After this, he has worked in Bangalore Base KNOLSKAPE Company for 1 year. he is the founder and CEO of Scholify since March 2018.
Scholify Before Shark Tank
Scholify Shark Tank had created a lot of success before it was introduced in India. The founder says that he has given scholarships to 2200 students within the last 1 year. The value of this scholarship is ₹4 to ₹5 crores. But the founder does not earn any money from this business.
Scholify Get Deal’s In Shark Tank India
Mayank Pareek, the founder of Scholify, presented his product very well. He has asked for ₹50 lakhs in exchange for 7.5% equity of his company. So the shark said many things to the founder about this business. Asneer Grover told Founder Mayank about many things.
Next, we will give you information about this Scholify startup.