Published On : Fri, Feb 19th, 2016

VNIT student’s startup grabs 2nd spot in Rice university track, features in IIT Delhi’s Top 25 list

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Shubham Agrawal, Jenil Sawla & Shashank Singh

Shubham Agrawal, Jenil Savla & Shashank Singh

Nagpur: ScholFin, a scholarship search engine startup founded by a VNIT student and supported by his two batch mates, has accomplished the remarkable feat in the segment. ScholFin has been selected as the 1st Runner up in TiE International Startup Competition in Rice University Track and 2nd position in Asia. This apart ScholFin has also been selected as top 25 most innovative startups by IIT DELHI. Previously ScholFin also stood up to become winner of Google Startup Weekend.

Founded by VNIT’s electrical engineering final year student Shubham Agrawal, who hails from Jaipur, just an year back in March 2015, ScholFin helps students to find scholarships of their interest and eligibility without any tedious offline process.

Shubham’s batch mates Jenil Savla and Shashank Singh also joined him later.

Sharing his excitement with Nagpur Today, Shubham said, “We are not taking up any jobs after our final year, nor we are sitting in any placement interviews in the campus. We have now fully focussed on taking our startup to another level.”

Shubham claimed that there are presently over 10,000 users on scholfin.com without any significant marketing budget. Recently, TATA Trust has associated with ScholFin to accept applications from student across pan India for J.N. TATA Endowment scholarship through ScholFin admin portal.
“We have initially raised seed funding from the Nagpur based investor, and now we are in the process of joining more scholarship platforms to our domain. The scholarship ranges from various class, undergraduate and post graduate programs that is helping out a great deal to meritorious and economically challenged students,” Shubham told Nagpur Today.

Apart from the onboard scholarship institutes, ScholFin is also tying up with CSR wings of big corporate firms and enterprises which run scholarship programs. “Many big companies are unable to utilize their scholarship funds just because they could not reach out equally to all the regions in the country and we are probably helping them out to resolve this problem and eventually leading the deserving students to get their fair share,” said Shubham.