TheRodinhoods

Does India need a platform where anyone can launch a scholarship?

Hello Rodinhoods,

I am a student entrepreneur, currently in the final year my engineering (VNIT, Nagpur). I have developed a website https://scholfin.com. ScholFin is a scholarship search engine which helps students to find perfectly matching scholarships in which they are eligible in just 3 clicks!

I launched the website 3 months ago. We have 10,450 registered users on the website who search for scholarships. We spent only a tiny budget on marketing and advertising.

The problem

No one will deny on the fact that searching for scholarships is one of the most boring and tedious tasks they ever did on the internet! I faced the same problem too. So I built ScholFin which makes this process easy, friendly and fast.

What is ScholFin?

For students: ScholFin is a scholarship search engine which helps students to find perfectly matching scholarships in which they are eligible in just 3 clicks! The total worth of scholarship on our portal is 9,458 crore (Government scholarships have very large budget and they give scholarship to many students, hence this number is soo large)

Our Vision

We want to become the India’s best resource to discover opportunities, which you might be unaware of and help you with tough financial conditions. We help you today so you have a brighter tomorrow!

Facts

We launched a local Nagpur scholarship on our platform. The scholarship used to be an offline process and usually very few students used to be aware about it. We launched the same scholarship on https://scholfin.com. There was an exponential growth of 700% in the number of applications. The scholarship was awarded to the most deserving student. This also led to widespread publicity and awareness of the NGO who launched the scholarship. 

How can you help me?

1. The problem I am facing now is the customer validation of scholarship providers. In India, there are educational organisations, trusts, NGOs and companies who provide direct scholarships to needy students. As I am a student and from Nagpur, it’s getting quite difficult for me to have a customer validation of the scholarship providers (their needs, problems and the solution). How do I solve that?

2. Sometimes I feel demotivated as I am not able to find many scholarship providers (there will be mostly 2-3 scholarship providers from Nagpur, and they operate at a very local level). I start thinking that maybe the market is too small.

May be the reason of less number of scholarship providers is because there is no such organised platform which helps them to launch their scholarship. I have convinced myself by this thought. AM I THINKING WRONG?

3. How do I approach scholarship providers? Since it’s a B2B situation, what should be the right approach to show them our model?

4. Is there any window or platform where I can directly reach the scholarship providers? (like NGO Registration office etc.)