Early stage funding firm Antler Australia lately backed a brand new cohort of startups as a part of its ongoing program to construct nice native tech firms.
Startup Every day is sharing the main points of every enterprise within the “Antler Investor Memos” sequence, which is designed to provide you a fast, sharp understanding of the startups and folks concerned, with many in search of comply with up capital following Antler’s preliminary pre-seed funding.
Firm identify: Studynash
Formation date: 2022
Stage of enterprise: Pre-Seed
Founders: Devarshi Desai and Kunal Sitlani
Present buyers: Antler
At present elevating: Sure
The enterprise
Worldwide training is Australia’s third largest export with over half 1,000,000 worldwide college students presently enrolled and learning on a pupil visa within the nation, in line with the most recent knowledge from The Division of Schooling.
For worldwide college students arriving on our shores, they need to navigate their pupil visa necessities, lodging, employment rights, enrollment and course conditions, and on a regular basis dwelling preparations. Many college students depend on training consultants to assist them throughout this transition interval, significantly with course admission and visa necessities.
Former worldwide college students and training consultants turned startup founders, Devarshi Desai and Kunal Sitlani, are all too conversant in the challenges people face when deciding to review in Australia, not least the restricted data accessible for college kids to make knowledgeable selections on the place to review and tips on how to apply.
So after rising one of many largest communities of worldwide college students in Australia, they’re onto constructing a greater College discovery and software expertise for worldwide college students.
Studynash is an internet platform the place potential worldwide college students can join with present worldwide college students for recommendation on universities and programs, then handle the College software and pupil visa processes.
People obtain knowledgeable counselling to assist their transition to Australia via 4 key steps: A tailor-made programs and college suggestions via Studynash Course Search Instrument, a name with Studynash’s instructional consultants to know the particular person’s particular person research pathway, one-to-one periods with present worldwide college students for candid and neutral recommendation, and as soon as universities are shortlisted, college students can supervisor their college and visa software processes on the Studynash platform.
“Understanding the complexities of learning in Australia coupled with the struggles of discovering somebody to reply your questions is usually a nightmare. We’re on a mission to alter this by serving to worldwide college students seamlessly transfer overseas,” stated Devarshi Desai, co-founder of Studynash.
Antler funding thesis
“Dev and Kunal deeply perceive the challenges worldwide college students face when planning their research abroad and maintain the required area experience and relationships to facilitate the tip to finish software course of”, stated Cath Rogers, Companion at Antler Australia.
“As considered one of Australia’s largest exports, worldwide training is forecasted to considerably enhance throughout the decade. Because it stands right now, the mechanisms of assist to offer people with a seamless transition to life in Australia are fragmented. Our conviction in Studynashcomes from the mixture of a big and engaged neighborhood with over 150,000 on-line followers paired with a platform offering curated admission recommendation and seamless course of.”
Traction/ milestones, to this point
Devarshi and Kunal have single-handedly constructed Internash (a part of the Studynash group) into one of many largest on-line communities for worldwide college students with 113,000 Youtube subscribers, 29,000 Fb members, and 21,000 Instagram followers.
Backed by this ever-growing neighborhood, Studynash has entry to all programs provided in any respect 42 universities throughout Australia and secured 10 partnerships with personal training institutes and onboarded 30 pupil ambassadors whereas it continues to develop its MVP.
Newest funding
Pre-Seed from Antler
Use of funds
Since securing Antler’s Pre-Seed funding late final 12 months, Studynash has doubled down on its product capabilities constructing its MVP, whereas increasing its workforce assist presence in India, a important South Asian marketplace for worldwide college students in Australia.
The founders say
“For the overwhelming majority of worldwide college students, the method of making use of and learning overseas has not modified in a long time. The system is commonly fragmented, advanced, and bureaucratic. With our on-line neighborhood of over 150,000 people, we’re uniquely positioned to assist remedy for this with our easy-to-use platform,” stated Desai.
“The issues worldwide college students face are very particular and fairly completely different from native college students. These issues require options particularly catered to them. At Studynash, we’re addressing the challenges with course admission purposes, from there we’re increasing our providing to lodging, employability and migration, to assist people navigate all elements of dwelling overseas.
“Based by worldwide college students for worldwide college students, we perceive the complexities of learning overseas and the way isolating it may be to navigate these challenges alone. With Studynash, we’re empowering people to have a seamless transition to their lives learning abroad.
“Alongside the preliminary funding, Antler Australia’s assist via its early-stage founder neighborhood, mentoring, and ecosystem community has helped us tremendously.”
What’s subsequent?
Antler, a world early-stage VC, is revealing all its newest investments made in formidable Australian founders and startups. With over 100 investments in early-stage firms, Studynash is considered one of its most up-to-date portfolio firms.
- StartupDaily is the official media associate of Antler in Australia.