Adventum Student Living raised $5 million in a Pre-Series B led by Ideal Cures founder Suresh Pareek
Overseas education aggregator startup Adventum Student Living (ASL) raised $5 million in a Pre-Series B led by Ideal Cures founder Suresh Pareek where Vipul Jain, who invested through Baaya International; Vikas Phadnis, who invested through Auctus Capital Pvt Ltd; and Shreeji Brothers also participated.
Adventum assists students in pursuing higher education abroad. It provides student housing, education loans, and scholarship programmes through UniAcco, UniCreds, and UniScholarz, respectively. Adventum stated that the new capital will be used to build the brand, expand its global footprint, and hire talent for technology and data science teams. The funds will be used to expand the startup's three business entities, UniAcco, UniCreds, and UniScholarz.