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Mauka Gets Funded For Its Corporate-College Connection

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Bangalore: Mauka, a Hyderabad based educational startup which connects college students and corporates announced that they secured seed stage funding from North Alley India Pvt Ltd. Mauka raised an undisclosed amount from the funding company which normally acts as an incubation centre supporting early startups.



Three undergraduates from BITS Pilani, Hyderabad, started Mauka in March, 2011. It has gained attraction since then as it connected over 40 corporates to various students from 15 colleges. It involves students in various activities internships, summer projects, and freelance projects as reported by yourstory.



Though silence is maintained about the funded amount, Mauka has plans to add on sales and marketing professionals into its 6 member team. This funding would also be used in developing their product and service by moving away from the consulting model to an independent product.  



The trio, Varun Reddy, Santosh Y and Abhiram had this idea of startup and setup their product during the 4th year of chemical engineering. Santosh says “We’ve a good foothold in the market currently and this funding will help us concentrate more on the product that we’re building.” And he also praises the funding company by stating “We receive a lot of support in terms of technology and strategic advice from North Alley, apart from the money.”



Mauka plans to invest more to fine tune the product and also to expand their team to capture the market in this stream of business more effectively and efficiently.



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Reader's comments(1)
1: These guys must come to Bangalore... Many students can avail benefits.
Posted by:deba - 28 Jun, 2012