InfoEdge Infuses 28 Crore into NoPaperForms
NoPaperForms, a Delhi based start-up and an enrolment platform for educational institutes has bagged 28 Crore from Info Edge (India) Ltd, a well-known pure play internet company, whose stakes have now increased to 48.1 per cent in the company. The investment was made under Series B funding.
The investment will enable the company to expand its business development, strengthen its technology and product line. Designed in close cooperation with top academic institutions, NoPaperForms help institutions to make the entire admission process 100 per cent transparent and increase their outreach capabilities, enhance recruitment efforts, expand customer service offerings, thereby improving the end results.
NoPaperForms is a Software-As-A-Service (SAAS) based enrolment automation solution which systematizes the entire journey of a student from enquiry to enrolment. It is an advanced admission management platform that helps institutes manage their online and offline admission process making it seamless for both the students & institutes.
NoPaperForms has been catering to a large set of institutes which includes colossuses such as SRM University, FMS Delhi, Amrita Vishwa Vidyapeetham, BIMTECH, Bennett University, IMI, Shiv Nadar University, O.P. Jindal Global University, KREA University, Manav Rachna, ITM Mumbai, just to name a few.
Naveen Goyal, CEO & Founder, NoPaperForms says, “This investment will help us to grow and provide better services to empower our vision to fundamentally transform the admission process in the educational institutions in India and abroad. Today, with the digitization of the admission process mandate, we are driving a tectonic shift in how Institutes large and small are turning from yesterday’s endless paperwork admissions to NoPaperForms smart admissions. We are living in a digital world and its only rational that we keep up with the pace to help our next generation utilize every available prospective without getting trapped in age old methodology of enrolment”.
Sanjeev Bikhchandani, Co-founder, Info Edge says, “We are happy to invest in an educational venture which is making life easier for students and universities. The company has a bunch of highly enthusiastic professionals who are determined to transform the education scene in India. We see a lot of potential in company’s vision and are hopeful that NoPaperForms will take itself to the next level in the coming time”.