Antler Investor Memo Sequence: Studynash helps worldwide college students research overseas

CashStrive

Jun 23, 2023 — 4 min read

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Early stage funding firm Antler Australia not too long ago backed a brand new cohort of startups as a part of its ongoing program to construct nice native tech corporations.

Startup Every day is sharing the main points of every enterprise within the “Antler Investor Memos” sequence, which is designed to offer you a fast, sharp understanding of the startups and other people concerned, with many in search of observe up capital following Antler’s preliminary pre-seed funding.

Firm title: Studynash

Formation date: 2022

Stage of enterprise: Pre-Seed

Founders: Devarshi Desai and Kunal Sitlani

Present buyers: Antler

Presently elevating: Sure

The enterprise

Worldwide training is Australia’s third largest export with over half 1,000,000 worldwide college students at the moment enrolled and learning on a scholar visa within the nation, in response to the most recent knowledge from The Division of Training.

For worldwide college students arriving on our shores, they have to navigate their scholar visa necessities, lodging, employment rights, enrollment and course conditions, and on a regular basis residing preparations. Many college students depend on training consultants to assist them throughout this transition interval, notably 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 students to make knowledgeable selections on the place to review and how one can 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 a web-based 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 scholar visa processes.

People obtain professional counselling to assist their transition to Australia via 4 key steps: A tailor-made programs and college suggestions via Studynash Course Search Device, a name with Studynash’s academic consultants to know the individual’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 could be a nightmare. We’re on a mission to vary 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 top to finish software course of”, stated Cath Rogers, Companion at Antler Australia.

“As one among Australia’s largest exports, worldwide training is forecasted to considerably enhance inside the decade. Because it stands as we speak, the mechanisms of assist to supply people with a seamless transition to life in Australia are fragmented. Our conviction in Studynashcomes from the mix of a big and engaged group 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 group, Studynash has entry to all programs supplied in any respect 42 universities throughout Australia and secured 10 partnerships with non-public training institutes and onboarded 30 scholar 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 yr, Studynash has doubled down on its product capabilities constructing its MVP, whereas increasing its staff 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 many years. The system is commonly fragmented, complicated, and bureaucratic. With our on-line group of over 150,000 people, we’re uniquely positioned to assist resolve for this with our easy-to-use platform,” stated Desai.

“The issues worldwide college students face are very particular and fairly totally different from native college students. These issues require options particularly catered to them. At Studynash, we’re addressing the challenges with course admission functions, from there we’re increasing our providing to lodging, employability and migration, to assist people navigate all features of residing 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 group, mentoring, and ecosystem community has helped us tremendously.”

What’s subsequent?

Antler, a worldwide early-stage VC, is revealing all its newest investments made in bold Australian founders and startups. With over 100 investments in early-stage corporations, Studynash is one among its most up-to-date portfolio corporations.