Zookal, the global student support platform that provides a variety of services and products such as textbooks to help make student university life easy has raised AUD$15 million in equity funding in an oversubscribed round to accelerate the company’s growth in South East Asia.
UTS students Tia Saunders and Ahmed Haider found their entrepreneurial breakthrough when they discovered the hidden cost of education: textbooks, besides being heavy to lug around, were steeply priced. In 2010, Haider and Saunders launched Zookal, an online textbook rental service billing itself as “by uni students and for uni students.” The site received 18,000 hits within its first two weeks and Zookal rented out all books in stock in its first semester of operations.
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