The expected number of Indian students going to US and UK for undergraduate and postgraduate studies is going to increase by almost 50 percent over the next five years and the main reason for this is increase in the main fold income of the Indian parents.
Rohan Pasari, co-founder and CEO of Cialfo, a Singapore-based education technology (edtech) said " We see, conservatively, a 50 percent increase in Indian students going to the US and UK for undergrad and postgrad studies over the next five years. This is strongly supported by the growing disposal income of their families."
Ciaflo is co-founded by the Kolkata born Pasari and Singaporean Stanley Chia has place may students in top universities of US and UK.
Pasari said "Indian students interests in acquiring international education and experiences for placing themselves in the top range of professionals, both in India and globally is increasing."
Pasari also said "There was 100 percent growth seen in Chinese students that entered universities in the US to acquire international education during the early pick up of the Chinese economy and now it is the same scenario for Indian students."
Pasari also said "We are expecting a strong market support for the A series funding as our edtech start-up has a potential to tap into the massive pool of students from India, China and South East Asia. We will now reach more students, tapping into the multi-billion dollar a year opportunity of helping Asian students find their ideal university."